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  • Shiba Inu and Dogecoin Will Lead Next Bull Run – Predicts David Gokhshtein

    Shiba Inu and Dogecoin Will Lead Next Bull Run – Predicts David Gokhshtein

    David Gokhshtein, a former candidate for the US Congress who is now an entrepreneur and the head of Gokhshtein Media, has once more stated his support for two significant meme coins: Dogecoin and Shiba Inu.

    But in prior tweets, he added that he had been using bitcoin and Ethereum for a long time and believed that XRP was on the way, whether people liked it or not. David supported Shiba Inu in 2022 with a number of his tweets and has been enthusiastic about Dogecoin since last year. His primary point in his tweet on meme currencies is that both Doge and SHIB have attracted many new users to bitcoin and the cryptocurrency industry. particularly and will contribute greatly in the future.

    His most recent tweet similarly resembled this. On October 17, he tweeted that despite the frequent discussion around meme coins, they would eventually “bring new retail purchasers into the crypto business.” Gokhshtein openly acknowledged that he had not gone to SHIB in a tweet, explaining that the “Dogecoin killer” myth had kept him away. But he claims that when the next crypto bull market starts, meme currencies are going to go parabolic.

    SHIB Price

    At the time of writing, SHIB is trading at $0.00001007which is a 0.08% price increase, In the last 24 hours, it has traded as low as $0.000009723 and as high as $0.00001016. The trading volume in the last 24 hours is $166,803,779 and a market capitalization of $5,531,950,087.

    The Bollinger bands are forming a narrow pattern which demonstrates a bullish momentum as the MACD line is crossing over the signal line suggesting that bulls are taking control of the market. Investors are advised to take caution when making financial decisions as the crypto market is highly volatile.

    DOGE Price

    Dogecoin is currently trading at $0.05938 which is 0.05% price increase. In the last 24 hours, DOGE has traded as low as $0.05845 and as high as $0.06068. The trading volume is $312,061,951 and the market capitalization is $7,864,369,733. There is 132.67B DOGE circulating in the market.

    The Bollinger bands show a straight narrow pattern with the candle stick trading near the lower band. This is evident that DOGE is bullish. On the other hand, the MACD line is crossing the signal line as the RSI is currently at 45 heading towards the overbought region. Generally, Investors are urged to be careful of the bear market.

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  • Shiba Inu, Cardano & USD Coin — Asian Wrap 21 October

    Shiba Inu, Cardano & USD Coin — Asian Wrap 21 October

    Shiba Inu price has become a problematic digital asset to hold as the notorious meme continues to lose market value throughout October. The bulls have lost support from the $0.00001000 level, and there is no evidence to believe the downtrend is ready to end.

    Cardano price shows potential for a continuous free-fall. The technicals suggest a powerful move underway. The bulls may want to remain sidelined until market conditions turn favorable. Invalidation of the bearish thesis is a breach above $0.37.

    Since no regulations for crypto and other digital assets have been set in stone, every now and then, severalgovernment agencies have taken initiative to offer their suggestions. The latest in this list is the Acting Chair of FDIC, Martin Gruenberg, who had pointers concerning stablecoin issuance.

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  • Is SHIB the best crypto to short?

    Is SHIB the best crypto to short?

    • Shiba Inu price has lost 6% of market value during this week’s decline.
    • SHIB has breached extremely oversold levels on the Relative Strength Index and shows a newly established bearish divergence.
    • Invalidation of the bearish outlook is a breach above $0.00001040.

    Shiba Inu price hints that a strong downtrend move is underway. Key levels have been identified to gauge the strength of the bears.

    Shiba Inu price continues to decline

    Shiba Inu price has become a problematic digital asset to hold as the notorious meme continues to lose market value throughout October. The bulls have lost support from the $0.00001000 level, and there is no evidence to believe the downtrend is ready to end.

    During the third trading week of October, the bears caused a 6% loss in market value. The decrease in price was catalyzed by the bears’ rejection from the 8-day exponential moving average on Sunday, October 9.

    Shiiba Inu price currently auctions at $0.00000989. The Relative Strength Index is back in oversold territory and has produced a bearish divergence between the last two countertrend retaliations. If the technicals are correct, SHIB investors could face serious pain. The bearish targets lie at $0.00000900 and $0.00000750. If these levels do not hold, a breach into $0.00000700 is very likely. Such a move would result in a 30% decline.

    tm/shib.10/20/22

    SHIB USDT 4-Hour Chart

    Invalidation of the bearish thesis could occur if the bulls re-hurdle the $0.00001040 liquidity zone. A spike through the prior resistance area could trigger a countertrend rally toward the 21-day simple moving average at $0.0001074. The price of Shiba Inu will rise by 10% if the invalidation scenario occurs.

     

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  • Crypto Whale Abruptly Moves 3,388,119,787,804 Shiba Inu (SHIB) in Massive Transaction

    Crypto Whale Abruptly Moves 3,388,119,787,804 Shiba Inu (SHIB) in Massive Transaction

    A high-net-worth crypto investor is suddenly moving a massive amount of meme asset Shiba Inu (SHIB) in a single transaction.

    According to new data from whale-surveying platform Whale Alert, the deep-pocketed investor abruptly shifted 3,388,119,787,804 SHIB worth about $34 million at time of writing from one unknown wallet to another.

    The sending wallet has been completely emptied as it no longer holds any funds or digital assets while the receiving wallet, which was empty before, now holds the millions of dollars worth of SHIB it was sent, according to the blockchain search engine Etherscan.

    Recently, SHIB has seen rising use cases. In a recent company blog post, Coinbase chief product officer Surojit Chatterjee announced a partnership with tech giant Google that would see Shiba Inu along with a suite of other altcoins be accepted by Google Cloud.

    “Google Cloud will be positioned to enable select customers, starting with those in the Web3 ecosystem, to pay for its cloud services via select cryptocurrencies through Coinbase Commerce.

    Coinbase Commerce is a platform that helps merchants anywhere in the world accept cryptocurrency payments. Merchants can get paid in crypto, and access powerful tools for crypto integration and business analysis.”

    SHIB is changing hands for $0.00001 at time of writing, a 1% dip during the last 24 hours.
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    Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

    Featured Image: Shutterstock/Javier Cruz Acosta



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  • Shiba Inu Price Prediction – Can SHIB Overtake Dogecoin?

    Shiba Inu Price Prediction – Can SHIB Overtake Dogecoin?

    Shiba Inu has dropped by 0.6% over the past 24 hours. At the time of writing, the meme coin was trading at $0.00001004. SHIB has dropped by 12% over the past two weeks, according to data from CoinGecko.

    Shiba Inu price analysis

    SHIB has been on a sharp bearish streak, as seen in the meme coin’s notable decline of 64% on a year-to-date (YTD) basis. SHIB has lost 88% of its value since reaching an all-time high in October 2021.

    During the past 24 hours, SHIB has reported slight volatility, with the price trading between $0.00000979 and $0.00001017. The lack of significant price movements stems from the performance of the broader cryptocurrency market. The global cryptocurrency market cap currently stands at $957 billion.

    Over the past 24 hours, SHIB has reported trading volumes of over $184 million, showing that the buying and selling momentum is not as high as it usually is when strong price movements are recorded.

    Nevertheless, SHIB’s lack of performance mimics most of what is happening in the broader cryptocurrency space. This is why SHIB still ranks as the 13th largest cryptocurrency despite the notable plunge.

    The Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD) hint that a bearish sentiment could be in play in the short term. The RSI is at 47, showing an apparent fight between the bulls and the bears for control. Therefore, the price could continue consolidating at the current prices.

    On the other hand, the MACD gives a rather bearish outlook as the MACD line is below the signal line. Therefore, the price will likely drop again below $0.00001. A drop below $0.0000092 could trigger panic selling and cause a significant downtrend.

    SHIB is the second-largest meme coin after Dogecoin. Due to a lack of buyers, meme coins have been dealt a major blow in this bear market. Nevertheless, DOGE has remained in the headlines because of Tesla’s CEO, Elon Musk, who has not missed any chance to mention the meme coin.

    Musk’s decision to resume Twitter buyout talks saw the meme coin community rush to buy Dogecoin, but the gains were not sustained, as seen in the 7.6% dip over the past two weeks. Nevertheless, DOGE still has the potential to gain if Musk manages to add DOGE payments on Twitter.

    Musk’s continuous support of DOGE could be why the token could continue to outperform SHIB and sustain the huge market cap that keeps it in the top ten largest cryptocurrencies.

    This crypto could explode 10X

    For those traders that maybe can’t wait another few months for big gains, there are a number of smaller altcoins that have been beating the market in recent weeks, with presale tokens proving particularly lucrative. One promising new coin in this area is Impact Project (IMPT), a decentralized carbon credits marketplace that began its sale just over a week ago.

    Based on the Ethereum blockchain, it provides users with the ability to trade NFT-based carbon offsets, while it will also enable consumers to shop online with retailers that support green initiatives. At a time when ESG investing is becoming a big thing, it has the fundamentals to perform well.

    Visit IMPT Now

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  • Konami Brings Silent Hill 2’s Fan-Favourite Inu Dog Ending To Life With New Statue

    Konami Brings Silent Hill 2’s Fan-Favourite Inu Dog Ending To Life With New Statue

    Of all of Silent Hill 2‘s multiple endings, perhaps the most beloved is the “Dog” ending. For those looking to go into the Silent Hill 2 remake blind, maybe skip this next bit, but really, we shouldn’t have to provide spoiler warnings for a game that’s over two decades old.


    Anyway, the Dog ending is one of Silent Hill 2’s joke endings. To unlock it, you need to have beaten the game once and unlocked either all three main endings (Leave, In Water, and Maria) or the Rebirth ending. On New Game Plus, there will be a Dog Key in a doghouse in an open lot across the exit pathway of Rosewater Park. Use that key to unlock a door at Lakeview Hotel revealing a Shiba Inu hard at work, apparently the source of all the terror and confusion James suffered in Silent Hill.

    THEGAMER VIDEO OF THE DAY

    Related: Silent Hill 2 Fans Mock James’ New Face

    Surprisingly, the dog even has a name: Mira. And she seems oddly sympathetic to James after he barges into her control room and declares, “It was all your work!”


    In addition to announcing Silent Hill 2 and several other Silent Hill games in development, Konami also revealed several new Silent Hill merch items, including a one-sixth coin bank statue of the Dog ending. I think that means it’s also a piggy bank, but we’ll have to wait for the product to arrive to learn more. It’ll be sculpted by Shinya Yamaoka and painted by Katsushige Akeyama, and it’ll be available in Japan sometime in 2023.

    That statue isn’t the only Mira merch announced. There’s going to be a Mira plush, which is available for pre-order on the Konami store now, as well as a Mira pin. You’ll also be able to eventually purchase four Silent Hill limited edition skateboards, and one-sixth statues of James, Maria, and Pyramid Head.

    If you’re planning on getting Silent Hill 2 on PC, be prepared. The minimum and recommended specs are already available on Steam, and they’re pretty intense. You’ll need an RTX 2080 just to play the game at 60 fps, and even the minimum hardware calls for a GTX 1080.

    Next: Why Did No One Tell Me How Fun Junkrat Is?



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  • Can SHIB Burn its Way to $0.01?

    Can SHIB Burn its Way to $0.01?

    Shiba Inu (SHIB) has had quite an eventful year in 2022. In April, the project launched its very own burn portal. The aim is to remove as many SHIB tokens from the circulating supply. Ever since fans and investors have actively participated in the burn process.

    At press time, SHIB’s burn rate surged to a whopping 649.92%. In the past 24 hours, 25,991,998 Shiba Inu tokens have been burned. Additionally, one single transaction was responsible for removing 10 million SHIB tokens from circulation.

    Source: Shibburn

    SHIB is undoubtedly one of the most popular crypto projects in existence. Having a low price, the project is passionately loved by fans, in hopes of it reaching “the moon.” Today in particular SHIB is witnessing massive buy orders on the popular crypto exchange Coinbase. As per the data, Coinbase has 91% buy orders for Shiba Inu, and only 9% sell orders. Additionally, the holding time has jumped from 5 months to 6.5 months, indicating growing confidence among holders.

    Can Shiba Inu Burn Itself Towards $0.01?

    Although SHIB’s burn portal is moving full steam ahead with burning SHIB tokens, the amount of tokens burnt is extremely small compared to SHIB’s massive 549 trillion supply. Moreover, apart from some third-party apps, there is no other initiative to burn big amounts of SHIB.

    However, there is only one development that could have the potential for the big SHIB burns required: the Shibarium launch. Shiba Inu’s layer-2, Shibarium, was supposed to have launched by Q3 of this year. However, the developers missed the scheduled time frame. Shibarium would most likely have a built-in burn mechanism to send SHIB tokens to the four dead wallets, based on how much SHIB can be burned via Shibarium. It will give a better idea if Shiba Inu can burn its way to $0.01.

    At press time, SHIB was trading at $0.00001008, down by 0.1% in the last 24 hours.

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  • Dogecoin and Shiba Inu Holders Buying These Coins Can Expect 10X Increase This Year

    Dogecoin and Shiba Inu Holders Buying These Coins Can Expect 10X Increase This Year

    Good number of Dogecoin and Shiba Inu holders added Bitgert (BRISE) and Centcex (CENX) to their portfolios.

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  • Big Eyes Coin Pre-Sale Gains Popularity As Shiba Inu And OKB

    Big Eyes Coin Pre-Sale Gains Popularity As Shiba Inu And OKB

    The cryptocurrency market has been fluctuating for several weeks now. Nevertheless, there are indications that cryptos such as Shiba Inu (SHIB) and OKB (OKB) may be gearing up for potential bullish performance. This state of affairs comes as Big Eyes (BIG), a potential next big cryptocurrency, gains pre-sale popularity.

    Undoubtedly, these cryptos have so much potential in these coins, making buying into them worth prioritizing. Thus, this article discusses what the numbers are for Big Eyes (BIG) and why Shiba Inu (SHIB) and OKB (OKB) may be preparing to embark on a bull run. Let us take a look.

    Buy Big Eyes Coin For A Chance To Earn Big

    The Big Eyes (BIG) pre-sale indicates that the new cryptocurrency is becoming popular among crypto enthusiasts. At the time of writing, Big Eyes (BIG)—now in Stage 5 of its pre-sale—has raised over $7.1 million, with the new altcoin fast selling out.

    Big Eyes (BIG) is a community-focused meme token seeking to disrupt the meme sector by revolutionizing how meme tokens function. As such, Big Eye (BIG) aims to drive wealth into the decentralized finance (DeFi) sector by leveraging the wealth-generating capability of non-fungible tokens (NFTs).

    Big Eyes’ (BIG) promises to enable users to become wealthy. This promise may be why crypto enthusiasts are rushing to buy the new cryptocurrency, especially during the bear market when many other cryptos are failing to live up to expectations

    Watch Out For Shiba Inu As Its Ecosystem Grows

    At the beginning of the bear market, Shiba Inu’s (SHIB) price drop was very sporadic, leading analysts to predict that it may not sustain the bear market.

    However, its price performance has normalized since the altcoin’s recent drop to 15th position on the list of largest cryptos by market capitalization, per CoinMarketCap.

    As things stand, the number of crypto enthusiasts showing interest in Shiba Inu (SHIB) is growing steadily. This surge in interest is due to Shiba Inu’s (SHIB) growing ecosystem, which features several key products and beneficial offerings.

    Per reports, the number of Shiba Inu (SHIB) holders reached a new all-time high of 2,193,520 a day after the launch of the long-awaited Shiba Eternity play-to-earn (P2E) game. Statistics also show that the number of Shiba Inu (SHIB) holders has increased by 171,763 since July, with 104,200 being added only since September.

    In the coming months, more upcoming developments will be key in growing Shina Inu’s (SHIB) price. Also, the growing number of Shiba Inu (SHIB) holders means the altcoin may be on the verge of embarking on a bull run, which will make its price explode.

    OKB Is Still In The Game

    OKB (OKB) is a cryptocurrency on a steady upward trend. Despite bear market effects, OKB (OKB) continues to stay true to its promise of helping users experience a better future. OKB (OKB) enables users to explore the worlds of decentralized finance (DeFi), decentralized apps (dApps), NFTs, and gaming finance (GameFi).

    In September, OKB (OKB) witnessed an over 20% price increase to reach $16.56, up from around $13. Although OKB’s (OKB) price is unsteady due to bear market conditions, reports indicate that the altcoin is currently enjoying increased buy support.

    OKB’s (OKB) price is on an uptrend amid short periods of decline, meaning the altcoin may be on its way to a sustained bull run. Experts believe that this could push its price to $20 before the end of 2022.

    Based on what we have seen, Shiba Inu (SHIB) and OKB (OKB) are worth keeping an eye on and adding to your portfolio. Both altcoins’ roadmaps show that there is much to look forward to between now and the coming years. Like them, Big Eyes (BIG) boasts a robust roadmap that could help it surpass expectations when it hits the market.

    Big Eyes (BIG) currently ranks among the most anticipated cryptos in 2022, and you should leverage its low price to buy the potential next big cryptocurrency during the bear market.

    For more information on Big Eyes (BIG), visit these links:

    Big Eyes Coin (BIG)

    Presale: https://buy.bigeyes.space/

    Website: https://bigeyes.space/

    Telegram: https://t.me/BIGEYESOFFICIAL

    Disclaimer: This article is a paid publication and does not have journalistic/ editorial involvement of Hindustan Times. Hindustan Times does not endorse/ subscribe to the contents of the article/advertisement and/or views expressed herein.

    The reader is further advised that Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions.

    Hindustan Times shall not in any manner, be responsible and/or liable in any manner whatsoever for all that is stated in the article and/or also with regard to the views, opinions, announcements, declarations, affirmations etc., stated/featured in same. The decision to read hereinafter is purely a matter of choice and shall be construed as an express undertaking/guarantee in favour of Hindustan Times of being absolved from any/ all potential legal action, or enforceable claims. The content may be for information and awareness purposes and does not constitute a financial advice.

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  • Software heavyweight SAP pays employees in SHIB

    Software heavyweight SAP pays employees in SHIB

    • SAP SE has included SHIB as a cryptocurrency option to pay employees. 
    • The software company will host five startup companies in its upcoming Foundry program.

    German multinational software company SAP SE (NYSE: SAP) has recently partnered with BitPay as it prepares to pay staff in SHIB. Bitpay is a renowned blockchain payment technology that allows transactions in Bitcoin and other cryptocurrencies. It uses enterprise-grade tools to send and receive cryptocurrencies, providing an avenue where employees can receive a fraction of their salaries in crypto.

    The payment platform disclosed its new partnership with SAP via Twitter. Bitpay will serve as a work partner to enable crypto payroll payments. Earlier this year, SAP mentioned BitPay as one of the startup participants in its Foundry New York Fall 2022 Program. Startup companies like Beem, Veremark, Gmetri, and Talespin will also participate in the program. A panel comprising financial experts, business partners, and esteemed customers chose these startup companies.

    SAP SE adds SHIB as a cryptocurrency payment option

    BitPay performs transactional activities involving Bitcoin and Ethereum on a larger scale than Dogecoin and Shiba Inu. However, the recent addition of SHIB to the SAP SE cryptocurrency list might spike the amount of SHIB transactions on the payment platform. Henceforth, several cryptocurrencies, including Shiba Inu, will serve as a payment method for SAP SE staff. 

    Furthermore, the software company will educate these selected startup companies on various blockchain topics. These topics cover emerging technologies like blockchain, token economy, digital assets, artificial intelligence, and the metaverse. Also, participants will have access to mentorship from SAP executives, SAP technology, and their application programming interface (APIs). In addition to that, they can collaborate with SAP customers across the globe. 

    The Foundry program will take place in New York in the Fall of 2022 for 12 weeks. It will feature Gmetri, a Web3 infrastructure company, talent development firm Talespin, and other participating startups. Since its inception, SAP SE has assisted over 450 external startups and internal ventures to ace their goals. 

    According to Whale Alert, a crypto movement tracker, a whale has transferred over 3.38 trillion SHIB to an unknown account. Notably, the crypto asset is worth about $34.88 million. The transaction left the originating wallet with no token as the whale transferred all the tokens to the anonymous wallet. 

     

     



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