Key Points Shiba Inu has seen significant volatility in its short history, routinely increasing by more than ten-fold in a few days. SHIB/USD currently trades near $0.000008, over 90% lower versus October 2021 highs at $0.00008. If cryptocurrencies recover and SHIB developers deliver utility to the ecosystem, a challenge of 2021 highs before 2025 is likely. SHIB’s Short History Shiba Inu, the second-largest dog-inspired memecoin by market capitalization after Dogecoin and… Source link
Read More »Hold my Shiba Inu – TechCrunch
The AI world is still figuring out how to deal with the amazing show of prowess that is DALL-E 2’s ability to draw/paint/imagine just about anything… but OpenAI isn’t the only one working on something like that. Google Research has rushed to publicize a similar model it’s been working on — which it claims is even better. Imagen (get it?) is a text-to-image diffusion-based generator built on large transformer language models that… okay, let’s slow down and unpack that real… Source link
Read More »An $8,000 bet on shiba inu coin allowed a warehouse manager to retire after the meme coin’s stunning rally, report says
Shiba Inu dog. AP Photo/Shizuo Kambayashi A 35-year-old former supermarket warehouse manager who made an $8,000 bet on shiba inu at the start of the year is now enjoying his retirement thanks to the meme coin’s stunning rally. Rob, who is from northern England, told Fortune he dabbled in cryptocurrencies to supplement his $68,000 yearly salary so he could create a better life for his partner and their son. Unexpectedly, he came across shiba inu, which was founded in August 2020. And upon… Source link
Read More »Shiba Inus or Squids? Crypto investors ride latest craze, fanning bubble debate
The Shiba Inu (SHIB-USD) digital coin has risen from obscurity (or meme status, depending on who you ask) to become the hottest trade in cryptocurrency. Already, wild stories have emerged about small investors making a fortune on the digital coin bearing the likeness of a canine. For the uninitiated, Shiba Inu should not be confused with Dogecoin (DOGE-USD) — another dog-faced digital currency. Coincidentally, Doge also started life as a joke of sorts, en route to becoming one of the… Source link
Read More »Robinhood users missed shiba inu’s 85-million-percent rally over the past year, with the token still unavailable to trade on the platform
The Shiba Inu breed is a muse in the crypto world. Getty Images Shiba inu has has seen astronomical gains over the last year, but Robinhood users have missed out. The meme coin is unlisted on the trading platform, but an online petition is aiming to change that status. Robinhood’s chief said the platform is waiting for more regulatory clarity on further coin listings. The price of the Shiba inu coin has sprinted up exponentially over the last 12 months but people who exclusively use Robinhood… Source link
Read More »Robinhood users clamor app to add Shiba Inu
Robinhood (HOOD) customers have been clamoring for the investing app to add Shiba Inu (SHIB-USD), the newest meme coin which hit all time highs on Thursday. A change.org petition with over 300,000 signatures is asking Robinhood to list the SHIB token, as it’s known. Judging by the meme coin’s popularity, Robinhood knows listing it would likely bring in new accounts. But the company appears to be treading carefully around new meme assets — one of the drivers for its success in the… Source link
Read More »Shiba Inu – Daily Tech Analysis – October 10th, 2021
Shiba Inu Shiba Inu fell by 2.02% on Saturday. Partially reversing an 18.89% breakout from Friday, Shiba Inu ended the day at $0.00002670. A mixed start to the day saw Shiba Inu rise to a mid-morning intraday high $0.00003020 before hitting reverse. While falling short of the first major resistance level at $0.00003100, Shiba Inu broke through the 23.6% FIB of $0.00002831. The reversal, however, saw Shiba Inu slide back through the 23.6% FIB to a late afternoon intraday low $0.00002443. Steering… Source link
Read More »Elon Musks, dogecoin craze add to heightened demand for Shiba Inu dogs
Elon Musk, the CEO of Tesla Motors (TSLA) during the day and a Johnny-come-lately cryptocurrency influencer in his spare time, is no stranger to setting trends. He can now add a special breed of dogs to that list. On Friday Musk tweeted, “My Shiba Inu will be named Floki,” sending both dog and crypto lovers on a frenzy amid heightened interest around dogecoin (DOGE-USD), the digital currency that features the Shiba Inu dog. Interestingly enough, dog breeders Tom & Sandie Rolenaitis… Source link
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