Shiba Inu Gets Shoutout from Island Boys, Price Goes Up 12%

2021-11-12 03:27

Shiba Inu is up 12% in price today, even though Bitcoin and Ethereum remained relatively flat. SHIB is currently trading at $0.000056 holding support extremely well.

In our last night’s report, Shiba Inu went down 10% as Robinhood COO discussed the potential SHIB listing. However, the price correction yesterday was most likely due to the global crypto market having a bad day.

Today, Bitcoin was able to hold support, and Ethereum increased by 2%. As expected, SHIB’s price amplified ETH’s price fluctuations,  increasing over 10% in the past 24 hours.

This further reinforces the idea that because SHIB is an ERC-20 token that runs on the Ethereum blockchain, its price mimics and amplifies Ethereum’s price fluctuations.

I see a lot of Shiba Inu reports only focusing on SHIB’s price or market cap, without acknowledging the relation between Shiba Inu and Ethereum’s price.

Shiba Inu News

At last night’s Crypto Goes Mainstream event, Robinhood’s COO wasn’t excited about Shiba Inu, stating:

“the short term gain that [Robinhood] might gain, is not worth the long term trade off for our users.”

On the upside, Shiba Inu got a shoutout from none other than the Island Boys!

The #IslandBoys gave $Shib a shoutout.

Welcome to the #ShibArmy. pic.twitter.com/1ggMcLnIxV

— ShibaKraken (@ShibaKraken) November 8, 2021

While in their video they mostly pumped Xfund, singing “it gives your girl delirium,” there was mention of a few other coins, one of which was none other than SHIB.

Shiba Inu Price Prediction & Analysis

In our previous Shiba Inu price prediction, we stated that

“the market needs a few more days to consolidate and recover from the massive fluctuations last week. If Bitcoin and Ethereum continue trading sideways, that will provide enough momentum for $SHIB to break through $0.00006 and rally to $0.0001.”

Source: Tradingview

We can see that while we had a slight dip in the market, SHIB is back above $0.00005.

This level seems to have extremely strong support. If Shiba Inu’s price can hold above $0.00005 through to next week, there’s a real chance of breaking through $0.00006 and knocking down another zero by the end of the year.

With the Island Boys shoutout, we can be sure that the moon is near! #SHIBAINUTOTHEMOON

This is not trading or investment advice, always do your own research before buying any cryptocurrency.

Follow us on twitter @nulltxnews to stay up to date with the latest cryptocurrency news!

Originally published on The VR Soldier

The post Shiba Inu Gets Shoutout from Island Boys, Price Goes Up 12% appeared first on NullTX.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

SHIBA INU (SHIB) на Currencies.ru

$ 0 (+1.82%)
Объем 24H $11
Изменеия 24h: 8.92 %, 7d: 2.86 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 3428
Доступно / Всего 0 SHIB

shiba inu price shib night report support

Источник: nulltx.com

shiba inu → Результатов: 126


Фото:

Lightchain AI Emerging Blockchain Innovator As Shiba Upgrade Sets Stage for Anticipated Hard Fork Rollout

As the end of 2024 approaches, Shiba Inu is preparing for a significant upgrade to its Layer 2 scaling solution, Shibarium, which will lay the groundwork for a highly anticipated hard fork. The upgrade is expected to enhance Shibarium’s scalability, efficiency, and ecosystem capabilities, keeping the Shiba Inu community engaged and excited. While Shiba Inu […]

2024-12-6 12:03


Shiba Inu Sentiment Turns Positive as  Dogecoin Still Has the Upperhand, but this Altcoin Could Cut Ahead

The renewed bullish sentiment in the crypto market has seen top coins like Shiba Inu and Dogecoin pump, with the latter taking the lead. However, despite these meme coins pumping, investors are flocking to RCO Finance (RCOF), an emerging DeFi altcoin that promises massive growth after jumping significantly during its presale.

2024-11-9 05:00


Shiba Inu d

Shiba Inu’s price held steady on Wednesday as most meme coins bounced back, with a golden cross pattern nearing. Shiba Inu (SHIB), the second-largest meme coin, rose to $0.000020, marking an 82% increase from its lowest level in August. The…

2024-11-7 17:53


How Did Plus Wallet Beat the Big Players? Insights on Crypto’s New Era with Bitget Exchange & Shiba Inu!

The realm of crypto coins and digital asset management is buzzing with innovations that are making DeFi irresistibly engaging, widely accessible, and genuinely enjoyable. Dive into Shiboshi Rush, Shiba Inu’s newest game, where Android users engage in strategic battles in a laid-back setting, offering a seamless gateway into the Shiba Inu community.

2024-11-5 22:15


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Shiba Inu Team Petitions Binance For Enhanced Ecosystem Support

The Shiba Inu community has launched a petition urging Binance to list Bone ShibaSwap (BONE), a pivotal token within the Shiba Inu ecosystem. This move aims to strengthen the ecosystem’s growth and enhance the interconnected utility of its tokens—SHIB, BONE, and LEASH.

Shiba Inu DAO And Foundation Are ‘Coming Soon’: What To Expect

Shiba Inu is on the cusp of a significant transformation. Lucie (@LucieSHIB), the marketing lead for Shiba Inu, announced via X on October 17 that the Shiba Inu Decentralized Autonomous Organization (DAO) and the Shib Doggy DAO Foundation are “coming soon,” signaling a pivotal shift toward decentralization and community governance. “The time is almost here. […]

Shiba Inu Resets Shiba Eternity: Returnees Get Rewards, Not Old Cards

Shiba Inu Games, an affiliated company specialized in the development of games for the Shiba Inu ecosystem, announced a major update to their flagship game, Shiba Eternity. The collectible card game (CCG) will see a system overhaul that renders previous accounts and collections incompatible with the new version.