Shiba Inu (SHIB) lost the key $0.000010 level on Oct. 19, thus adding an extra zero to its price as the $0.000009 range was reached. At the time of publication, SHIB was changing hands at $0.00000978, down 2.26% in the last 24 hours.
The year 2022 saw a widespread meltdown in the markets, cryptocurrencies included. Shiba Inu has not been excluded from the bearish action as it is now down 88.91% from the all-time high of $0.000088 reached in October 2021.
📉 With #crypto markets declining Thursday, short positions are opening up in large quantities for most #altcoins as traders try to profit from prices dropping. Historically, when funding rates show significant shorts, #liquidations are more common and surprise bounces can occur. pic.twitter.com/ZsURzQLVsM
However, zooming in on the short-term price action, SHIB might be a potential candidate for a surprise bounce or a relief rally. This is as its daily RSI approaches the 30 oversold levels following a steady price decline since August.
An instance was recorded in June when the RSI reached deeply oversold levels as the price fell to lows of $0.00000714 on June 18. A subsequent recovery culminated in a 157% rise to a high of $0.000018 on Aug. 14.
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However, in the event of a further drop, SHIB might eye the $0.0000092 level in the meantime. Further declines may force SHIB to retest the $0.000007 level. On the contrary, SHIB might erase a zero from its price if a relief rally to $0.000010 ensues. The next barrier might be the $0.0000113 level, just ahead of the $0.0000135 level.
SHIB lists on yet another crypto exchange
Shiba Inu has now been listed on the Swiss cryptocurrency platform Swissborg, according to a recent announcement.
The platform, which operates a hybrid cryptocurrency service for its large user base, revealed that the decision to list SHIB was spurred by the demand of its growing community.
As reported by U.Today, SHIB was recently listed by Seychelles-based cryptocurrency exchange BitMEX.
Shiba Eternity is a Shiba Inu-themed collectible card game for Android and iOS.
The game is developed by Playside Studios and pays homage to the Shiba Inu cryptocurrency.
Shiba Eternity is part of a wider Shiba Inu crypto ecosystem currently under development.
Share this article
Shiba Eternity lets players build custom decks from over 500 unique cards and collect 10,000 different Shiboshi heroes.
What Is Shiba Eternity?
Shiba Eternity is a new Shiba Inu-themed collectible card game from Playside Studios. The game sets players against each other in a classic one-vs.-one card game duel, with the first to reduce their opponent’s life points to zero declared the winner. Players use one of 10,000 Shiboshi heroes to call the shots, and use spells, items, and various fighters to battle on their behalf.
The game was first announced at the height of Shiba Inu mania in November 2021, as the SHIB cryptocurrency soared in value and reached an all-time high market capitalization of over $40 billion. After almost a year of development, the game’s full release went live on October 6.
Shiba Eternity’s development is led by William Volk, a gaming industry veteran with over 25 years of experience at top-tier companies like Activision and ROKiT Games. With such an esteemed figure putting his name behind the Shiba Inu brand, expectations for the game among Shiba Inu fans were high.
Crypto Briefing took Shiba Eternity for a spin to see if the game lives up to the hype. We’ve judged it in five key areas: accessibility, graphics and art, gameplay, story and lore, and any crypto elements present. Here’s what we thought.
Accessibility: 4 out of 5
Shiba Eternity is very easy to get started with. The game runs on smartphones and tablets, so just head over to the Play Store (Android) or App Store (iOS) and follow the instructions to download it. And at 417 MB in size, the game isn’t going to take up much space on your device, either.
However, as with many mobile games, how easy Shiba Eternity is to play will vary depending on the size of your phone screen and fingers. The game needs a fair bit of dexterity to click cards, and it can become a little fiddly on smaller screens. Using a tablet is recommended for the best experience.
Although the game is free, Shiba Eternity monetizes itself through in-app purchases. Players can earn cards and characters by playing or alternatively buy them at the game’s store. In addition to buying unlocks, players can also pay for cosmetic enhancements, such as custom card backs, and experience boosts to level up faster. The prices for these boons fall broadly in line with other free-to-play games and are unnecessary if you’re willing to put some time and effort into unlocking the cards yourself.
Graphics and Art: 4 out of 5
Shiba Eternity’s graphics are arguably the best part of the game. Most of the in-game assets look polished and professional, and the background images also do a great job of setting the scene and providing depth. The 3D renderings and custom animations for the Shiboshis heroes bring the cute canines to life and break up the gameplay.
Shiba Eternity menu screen.
While the overall quality is high, there is still room for improvement. The card graphics focus heavily on Shiba Inu characters and become repetitive the more you play. Since there is little variation between cards, it can become difficult to tell which ones you have on the field or in your hand at a glance just by looking at the art.
However, the tutorial character Ryoshi (named after the pseudonymous Shiba Inu founder), who guides new players through the tutorial, doesn’t give off a great first impression. Despite sporting a refined and erudite voice worthy of any dojo master, the character’s sprite doesn’t match his appearance or the game’s overall aesthetic at all.
Ryoshi from the Shiba Eternity tutorial. (Source: @william_volk)
Gameplay: 2 out of 5
Games start with the players selecting their four starting cards and tossing a coin to decide who will go first. On a player’s turn, they can summon fighter cards to the field (but must wait a turn before attacking with them), play spell cards, attach equip cards to their Shiboshi, and attack their opponent. Only weak cards with one or two “bark power” can be played at the beginning of the game. However, players’ bark power increases after every turn, letting them use more powerful cards as the game progresses.
Each fighter card has an attack and armor rating. When a card attacks, its attack power is subtracted from the defending card’s armor. If the attacking card’s attack value exceeds the defending card’s armor, the latter is defeated and leaves the field. When no active character cards are on the field, players can attack their opponent’s Shiboshi directly. Players win the game if they reduce the opposing Shiboshi’s health from 30 to zero.
If you’ve played collectible card games like Hearthstone or Magic: The Gathering, you’ll likely recognize several gameplay mechanics that Shiba Eternity has borrowed. However, while some of these mechanics have become a universal standard and make Shiba Eternity more fast-paced and intuitive, others look cut and pasted from more successful games.
Instead of creating a unique game that stands out from the abundance of collectible card games on the market, Shiba Eternity copied much of what made other games successful and only added a Shiba Inu-themed facade to try and camouflage that fact. If you’re a hardcore gamer looking for a new card game to dig your teeth into, Shiba Eternity will probably leave you disappointed. However, the game could find a better fit with a more casual audience. The gameplay is quick and fairly intuitive while still leaving room for some strategic decision-making.
Regardless of the kind of gamer Shiba Eternity appeals to, there are some negative aspects of its gameplay that cannot be overlooked. Players already seem tired of “overpowered” decks controlling the meta. Soon after its release, posts on the game’s official subreddit started reporting that the Frostfire Blast deck, as it’s commonly referred to, has become increasingly popular among high-level players due to how strong it is. The imbalance has elicited such a reaction from the Shiba Eternity player base that the discussion of Frostfire Blast makes up most of its subreddit’s posts.
Elsewhere, the game’s quest system, designed to give players a constant sense of achievement as they play, is also proving detrimental to the gameplay. The quest system assigns players in-game tasks like using an “epic” rarity card ten times, rewarding them with experience and the kibble tokens needed to unlock new Shiboshis. However, as some players have noted, to fulfill these requirements, there is an incentive to hold opponents hostage in games, leaving them on a single point of life and continuing to play cards to meet the requirements for various quests. This incentive structure leads to a bad gaming experience for many players.
While developers may fix these issues with time, the longer they persist, the less likely it is that players will stick around. Overall, the Shiba Eternity gameplay leaves a lot to be desired.
Story and Lore: 1 out of 5
Although the predominant theme in Shiba Eternity is martial arts, its backstory is a cataclysmic sci-fi romp dealing with an array of themes from battles with alien “Greys” to Shiba Inu-inhabited planets caught in a supernova event.
The basic gist is that following the 1951 UFO crash in Roswell, New Mexico, humanity discovered technology from the “Shib Universe,” along with capturing a “Grey” alien who shared this information with the governments of the world. After reverse engineering the technology, humanity “harnessed the power of the Shibarium” and launched a spaceship called the SS Virgil to travel to one of ten inhabited Shiba galaxy planets.
Upon arriving in the Shiba galaxy, war breaks out between the alien Greys (now called “shadowcats” for some reason) and the native Shiba Inu. After two wars, it’s revealed that when the SS Virgil traveled to the Shiba galaxy, it caused a dimensional tear that put two local stars on a collision course with each other. Now, the human crew of the SS Virgil, along with all Shiba-kind and a new character called “Queen Andromeda” (because why not), must team up to stop this extinction-level event from happening.
It’s not exactly clear how this lore intersects with the game. The central conceit seems to be that the Shiba Inus are sufficiently proficient in martial arts to combat the shadowcats in the war.
To be frank, the Shiba Eternity lore is chaotic at best. The blog post outlining the story is a convoluted, poorly-written narrative that does little core worldbuilding. While there is, admittedly, a subjective element to the story surrounding the Shiba Inu ecosystem that might be lost on some people (such as myself), numerous points still fall flat.
Like the card game, the story behind it is littered with dog-themed puns and Shiba Inu references. Everything important in the lore starts with the prefix “Shiba,” making it needlessly difficult to follow what’s going on and revealing the writer’s marked lack of imagination. While the story is certainly ambitious, it fails to add context and color to the game and will likely leave the reader more confused than when they started.
Crypto Element: 1 out of 5
There’s not much to say about the crypto element in Shiba Eternity, as it’s non-existent in the current version of the game. However, according to the game’s developers, there are plans for a blockchain version of the Shiba Eternity that will allow players to use NFTs from the 10,000 Shiboshis collection in the game to earn token rewards (It’s also worth noting that the Shiboshis that players can “create” in the free version of the game are all copies of Shiboshis from the NFT collection). Various blog posts outlining the Shiba Inu ecosystem have referenced a reward token called TREAT, which will likely play a role in Shiba Eternity in the future.
The lack of a blockchain element has been a disappointment for many onlookers and Shiba Inu fans alike. Many had assumed that players would be able to use SHIB for in-game transactions, a relatively simple feature that remains absent for the time being. While there are hints that the future version of the game will help tie together disparate parts of the Shiba Inu ecosystem, such as the planned Shibarium Layer 2 chain, Shiba Inu Metaverse project, and Shiba Inu-backed stablecoin, there is no concrete roadmap detailing if, and when this might happen.
Final Thoughts
Despite its faults, Shiba Eternity’s release is a landmark moment for both the SHIB cryptocurrency and the broader Shiba Inu ecosystem. What started as a meme coin, launched to capitalize on the Dogecoin hype preceding it, has transformed into a fully-fledged brand with the power to attract leading game developers. Although this first attempt is lacking in certain areas, the fact that it happened at all should cause even the most vocal Shiba skeptics to think twice before writing it off as a joke project.
However, if Shiba Eternity and the Shiba Inu brand want to go further, they must tighten up their operations. Clear, professional communication and brand strategy are a must going forward, as is consolidating the various projects created under the Shiba Inu banner. At its heart, Shiba Inu is a crypto project, and anything that uses its intellectual property should follow this example.
Disclosure: At the time of writing this review, the author owned ETH and several other cryptocurrencies.
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The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. Decentral Media, Inc. is not an investment advisor. We do not give personalized investment advice or other financial advice. The information on this website is subject to change without notice. Some or all of the information on this website may become outdated, or it may be or become incomplete or inaccurate. We may, but are not obligated to, update any outdated, incomplete, or inaccurate information.
You should never make an investment decision on an ICO, IEO, or other investment based on the information on this website, and you should never interpret or otherwise rely on any of the information on this website as investment advice. We strongly recommend that you consult a licensed investment advisor or other qualified financial professional if you are seeking investment advice on an ICO, IEO, or other investment. We do not accept compensation in any form for analyzing or reporting on any ICO, IEO, cryptocurrency, currency, tokenized sales, securities, or commodities.
Shiba Eternity is a Shiba Inu-themed collectible card game for Android and iOS.
The game is developed by Playside Studios and pays homage to the Shiba Inu cryptocurrency.
Shiba Eternity is part of a wider Shiba Inu crypto ecosystem currently under development.
Share this article
Shiba Eternity lets players build custom decks from over 500 unique cards and collect 10,000 different Shiboshi heroes.
What Is Shiba Eternity?
Shiba Eternity is a new Shiba Inu-themed collectible card game from Playside Studios. The game sets players against each other in a classic one-vs.-one card game duel, with the first to reduce their opponent’s life points to zero declared the winner. Players use one of 10,000 Shiboshi heroes to call the shots, and use spells, items, and various fighters to battle on their behalf.
The game was first announced at the height of Shiba Inu mania in November 2021, as the SHIB cryptocurrency soared in value and reached an all-time high market capitalization of over $40 billion. After almost a year of development, the game’s full release went live on October 6.
Shiba Eternity’s development is led by William Volk, a gaming industry veteran with over 25 years of experience at top-tier companies like Activision and ROKiT Games. With such an esteemed figure putting his name behind the Shiba Inu brand, expectations for the game among Shiba Inu fans were high.
Crypto Briefing took Shiba Eternity for a spin to see if the game lives up to the hype. We’ve judged it in five key areas: accessibility, graphics and art, gameplay, story and lore, and any crypto elements present. Here’s what we thought.
Accessibility: 4 out of 5
Shiba Eternity is very easy to get started with. The game runs on smartphones and tablets, so just head over to the Play Store (Android) or App Store (iOS) and follow the instructions to download it. And at 417 MB in size, the game isn’t going to take up much space on your device, either.
However, as with many mobile games, how easy Shiba Eternity is to play will vary depending on the size of your phone screen and fingers. The game needs a fair bit of dexterity to click cards, and it can become a little fiddly on smaller screens. Using a tablet is recommended for the best experience.
Although the game is free, Shiba Eternity monetizes itself through in-app purchases. Players can earn cards and characters by playing or alternatively buy them at the game’s store. In addition to buying unlocks, players can also pay for cosmetic enhancements, such as custom card backs, and experience boosts to level up faster. The prices for these boons fall broadly in line with other free-to-play games and are unnecessary if you’re willing to put some time and effort into unlocking the cards yourself.
Graphics and Art: 4 out of 5
Shiba Eternity’s graphics are arguably the best part of the game. Most of the in-game assets look polished and professional, and the background images also do a great job of setting the scene and providing depth. The 3D renderings and custom animations for the Shiboshis heroes bring the cute canines to life and break up the gameplay.
Shiba Eternity menu screen.
While the overall quality is high, there is still room for improvement. The card graphics focus heavily on Shiba Inu characters and become repetitive the more you play. Since there is little variation between cards, it can become difficult to tell which ones you have on the field or in your hand at a glance just by looking at the art.
However, the tutorial character Ryoshi (named after the pseudonymous Shiba Inu founder), who guides new players through the tutorial, doesn’t give off a great first impression. Despite sporting a refined and erudite voice worthy of any dojo master, the character’s sprite doesn’t match his appearance or the game’s overall aesthetic at all.
Ryoshi from the Shiba Eternity tutorial. (Source: @william_volk)
Gameplay: 2 out of 5
Games start with the players selecting their four starting cards and tossing a coin to decide who will go first. On a player’s turn, they can summon fighter cards to the field (but must wait a turn before attacking with them), play spell cards, attach equip cards to their Shiboshi, and attack their opponent. Only weak cards with one or two “bark power” can be played at the beginning of the game. However, players’ bark power increases after every turn, letting them use more powerful cards as the game progresses.
Each fighter card has an attack and armor rating. When a card attacks, its attack power is subtracted from the defending card’s armor. If the attacking card’s attack value exceeds the defending card’s armor, the latter is defeated and leaves the field. When no active character cards are on the field, players can attack their opponent’s Shiboshi directly. Players win the game if they reduce the opposing Shiboshi’s health from 30 to zero.
If you’ve played collectible card games like Hearthstone or Magic: The Gathering, you’ll likely recognize several gameplay mechanics that Shiba Eternity has borrowed. However, while some of these mechanics have become a universal standard and make Shiba Eternity more fast-paced and intuitive, others look cut and pasted from more successful games.
Instead of creating a unique game that stands out from the abundance of collectible card games on the market, Shiba Eternity copied much of what made other games successful and only added a Shiba Inu-themed facade to try and camouflage that fact. If you’re a hardcore gamer looking for a new card game to dig your teeth into, Shiba Eternity will probably leave you disappointed. However, the game could find a better fit with a more casual audience. The gameplay is quick and fairly intuitive while still leaving room for some strategic decision-making.
Regardless of the kind of gamer Shiba Eternity appeals to, there are some negative aspects of its gameplay that cannot be overlooked. Players already seem tired of “overpowered” decks controlling the meta. Soon after its release, posts on the game’s official subreddit started reporting that the Frostfire Blast deck, as it’s commonly referred to, has become increasingly popular among high-level players due to how strong it is. The imbalance has elicited such a reaction from the Shiba Eternity player base that the discussion of Frostfire Blast makes up most of its subreddit’s posts.
Elsewhere, the game’s quest system, designed to give players a constant sense of achievement as they play, is also proving detrimental to the gameplay. The quest system assigns players in-game tasks like using an “epic” rarity card ten times, rewarding them with experience and the kibble tokens needed to unlock new Shiboshis. However, as some players have noted, to fulfill these requirements, there is an incentive to hold opponents hostage in games, leaving them on a single point of life and continuing to play cards to meet the requirements for various quests. This incentive structure leads to a bad gaming experience for many players.
While developers may fix these issues with time, the longer they persist, the less likely it is that players will stick around. Overall, the Shiba Eternity gameplay leaves a lot to be desired.
Story and Lore: 1 out of 5
Although the predominant theme in Shiba Eternity is martial arts, its backstory is a cataclysmic sci-fi romp dealing with an array of themes from battles with alien “Greys” to Shiba Inu-inhabited planets caught in a supernova event.
The basic gist is that following the 1951 UFO crash in Roswell, New Mexico, humanity discovered technology from the “Shib Universe,” along with capturing a “Grey” alien who shared this information with the governments of the world. After reverse engineering the technology, humanity “harnessed the power of the Shibarium” and launched a spaceship called the SS Virgil to travel to one of ten inhabited Shiba galaxy planets.
Upon arriving in the Shiba galaxy, war breaks out between the alien Greys (now called “shadowcats” for some reason) and the native Shiba Inu. After two wars, it’s revealed that when the SS Virgil traveled to the Shiba galaxy, it caused a dimensional tear that put two local stars on a collision course with each other. Now, the human crew of the SS Virgil, along with all Shiba-kind and a new character called “Queen Andromeda” (because why not), must team up to stop this extinction-level event from happening.
It’s not exactly clear how this lore intersects with the game. The central conceit seems to be that the Shiba Inus are sufficiently proficient in martial arts to combat the shadowcats in the war.
To be frank, the Shiba Eternity lore is chaotic at best. The blog post outlining the story is a convoluted, poorly-written narrative that does little core worldbuilding. While there is, admittedly, a subjective element to the story surrounding the Shiba Inu ecosystem that might be lost on some people (such as myself), numerous points still fall flat.
Like the card game, the story behind it is littered with dog-themed puns and Shiba Inu references. Everything important in the lore starts with the prefix “Shiba,” making it needlessly difficult to follow what’s going on and revealing the writer’s marked lack of imagination. While the story is certainly ambitious, it fails to add context and color to the game and will likely leave the reader more confused than when they started.
Crypto Element: 1 out of 5
There’s not much to say about the crypto element in Shiba Eternity, as it’s non-existent in the current version of the game. However, according to the game’s developers, there are plans for a blockchain version of the Shiba Eternity that will allow players to use NFTs from the 10,000 Shiboshis collection in the game to earn token rewards (It’s also worth noting that the Shiboshis that players can “create” in the free version of the game are all copies of Shiboshis from the NFT collection). Various blog posts outlining the Shiba Inu ecosystem have referenced a reward token called TREAT, which will likely play a role in Shiba Eternity in the future.
The lack of a blockchain element has been a disappointment for many onlookers and Shiba Inu fans alike. Many had assumed that players would be able to use SHIB for in-game transactions, a relatively simple feature that remains absent for the time being. While there are hints that the future version of the game will help tie together disparate parts of the Shiba Inu ecosystem, such as the planned Shibarium Layer 2 chain, Shiba Inu Metaverse project, and Shiba Inu-backed stablecoin, there is no concrete roadmap detailing if, and when this might happen.
Final Thoughts
Despite its faults, Shiba Eternity’s release is a landmark moment for both the SHIB cryptocurrency and the broader Shiba Inu ecosystem. What started as a meme coin, launched to capitalize on the Dogecoin hype preceding it, has transformed into a fully-fledged brand with the power to attract leading game developers. Although this first attempt is lacking in certain areas, the fact that it happened at all should cause even the most vocal Shiba skeptics to think twice before writing it off as a joke project.
However, if Shiba Eternity and the Shiba Inu brand want to go further, they must tighten up their operations. Clear, professional communication and brand strategy are a must going forward, as is consolidating the various projects created under the Shiba Inu banner. At its heart, Shiba Inu is a crypto project, and anything that uses its intellectual property should follow this example.
Disclosure: At the time of writing this review, the author owned ETH and several other cryptocurrencies.
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The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. Decentral Media, Inc. is not an investment advisor. We do not give personalized investment advice or other financial advice. The information on this website is subject to change without notice. Some or all of the information on this website may become outdated, or it may be or become incomplete or inaccurate. We may, but are not obligated to, update any outdated, incomplete, or inaccurate information.
You should never make an investment decision on an ICO, IEO, or other investment based on the information on this website, and you should never interpret or otherwise rely on any of the information on this website as investment advice. We strongly recommend that you consult a licensed investment advisor or other qualified financial professional if you are seeking investment advice on an ICO, IEO, or other investment. We do not accept compensation in any form for analyzing or reporting on any ICO, IEO, cryptocurrency, currency, tokenized sales, securities, or commodities.
As the crypto market is overflowing with opportunities, Big eyes coin can overtake Shiba Inu and Dogecoin as it has been doing more than other projects
As the crypto market is over flowing with opportunities, Big eyes coin, Shiba Inu and Decentraland are the cryptocurrencies that can get you huge profits.
The cryptocurrency market is on the move again! Bitcoin (BTC), Shiba Inu (SHIB), and Snowfall Protocol (SNW) are all trending upwards, and it looks like this could be a buying opportunity.
We discussed with leading market analysts what this trend means and if Bitcoin (BTC), Shiba Inu (SHIB), and Snowfall Protocol (SNW) are good investment opportunities. So, let’s take a closer look!
As the largest cryptocurrency by market cap, Bitcoin (BTC) is always worth watching. And, it looks like Bitcoin (BTC) is trending once again. There can be many factors that contribute to this but one major one is that it is becoming more culturally accepted. More and more people are becoming educated on this store of value.
As more people learn about Bitcoin (BTC), naturally this crypto will continue to trend upwards. Over the long term, Bitcoin (BTC) will become more valuable as the supply is limited and as demand grows, the price will continue to increase.
So, Bitcoin (BTC) is definitely a buy right now and looks like a smart investment opportunity.
Is Shiba Inu (SHIB) A Buy?
Shiba Inu (SHIB) is a trending coin that has been in the news lately. This “Dogecoin killer” has been getting a lot of attention and seems to be growing in popularity. Shiba Inu (SHIB) has a lot of potential because it is a new project with a lot of room to grow.
Shiba Inu (SHIB) is a meme coin and memes go viral. Many non-crypto enthusiasts can relate to the cute dog mascot and it’s a fun way to get mainstream attention. Shiba Inu (SHIB) has a lot of potential to grow and could be a great investment opportunity.
Although Shiba Inu (SHIB) does not have the same level of use cases as the other cryptocurrencies in this article, it’s a light-hearted way to have fun while investing in these markets. For this reason, it finds itself trending again and again, for better or worse.
Why Snowfall Protocol (SNW) Is A Better Buy Overall
Snowfall Protocol (SNW) is a multi-chain bridging protocol that facilitates secure asset transfer and cross-chain transactions between blockchains. Our bridge is designed to generalize cross-chain communication and optimize the security model between asset transfers.
This project has a lot of potential because it is solving a real problem in the crypto space. There are many different blockchains and it can be difficult to transfer assets between them. Snowfall Protocol (SNW) makes this process easier and more secure.Because of this, we believe that Snowfall Protocol (SNW) is a better buy than Bitcoin (BTC) or Shiba Inu (SHIB).
The market has also begun to notice this amazing opportunity as the price of (SNW) has already increased by more than 80%. Experts suggest that this will be the next 1000x token and there is still a 5000% increase potential by launch day. At a current trading price of $0.009, now would be the best time to invest in this revolutionary protocol.
For more information about Snowfallprotocol.io’s (SNW) Pre-sale
Always conduct proper research when dealing with pre-sales of currencies and tokens. The information above does not constitute investment advice by CryptoMode or its team, nor does it reflect the views of the website or its staff.
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Contact us if you have any questions: [email protected]
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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.
Everyone is beefing and I’m like thinking $DOGE and $SHIB going to go parabolic during the next bull run.
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.
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.
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.
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.
