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  • Market Update: Bitcoin, Shiba Inu, and Snowfall Protocol Are Trending Once Again!

    Market Update: Bitcoin, Shiba Inu, and Snowfall Protocol Are Trending Once Again!

    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!

    >>BUY TOKENS<<

    Also Read: BlueZilla Launches LUNCHBOX – Decentralized Prediction Platform for $LUNC Burning

    Is Bitcoin (BTC) A Buy?

    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

    Website: https://snowfallprotocol.io

    Telegram: https://t.me/snowfallcoin

    Presale: https://presale.snowfallprotocol.io

    Twitter: https://twitter.com/snowfall coin

    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. 

    CryptoMode produces high quality content for cryptocurrency companies. We have provided brand exposure for dozens of companies to date, and you can be one of them. All of our clients appreciate our value/pricing ratio.
    Contact us if you have any questions: [email protected]
    None of the information on this website is investment or financial advice. CryptoMode is not responsible for any financial losses sustained by acting on information provided on this website by its authors or clients. No reviews should be taken at face value, always conduct your research before making financial commitments.



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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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  • 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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  • 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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  • New Presale Star Plona (PLON) is likely to compete with the likes of DogeCoin (DOGE) and Shiba Inu (SHIB)

    New Presale Star Plona (PLON) is likely to compete with the likes of DogeCoin (DOGE) and Shiba Inu (SHIB)

    DogeCoin (DOGE), a meme coin made famous by Elon Musk in 2021, is an open-source peer-to-peer (P2P) cryptocurrency that utilises blockchain technology. In the same vein, Shiba Inu (SHIB) was created in 2020, and it shares a similar characteristic of anonymity of the creator with Bitcoin (BIT).

    However, unlike Bitcoin (BIT), which Satoshi Nakamoto created, Shiba Inu (SHIB) was created by an unknown person/group under the name “Ryoshi.” Interestingly, Shiba Inu (SHIB) has outlived its claim as a “pump and dump” coin. Therefore, despite the current bearish run in the crypto market, both Shiba Inu (SHIB) and DogeCoin (DOGE) are set for a potential bullish run.

    What can a new token like Plona (PLON) do?

    New cryptos like Plona (PLON) are set to address real-time investment problems posed to investors in Web2. A fundamental factor that drives prices in the crypto market is “Adoptions.” Plona (PLON) assists ownership of luxurious and exotic cars such as Lamborghini, Ferrari, Bentley, Bugatti, and many other fleets of cars, through fractional premium car investment on the blockchain in the form of NFT trading. The need for partnership and collaboration is of top necessity to achieve this. Plona (PLON) is already bridging this gap through Networking Clubs and Celebrity collaborations.

    As the Cryptocurrency community at large awaits the Layer-1 Scaling Protocol and the Shiba Inu Metaverse, both can change the current market trend of Shiba Inu (SHIB) to the moon in a matter of days to weeks. Also, with the recent news about Google Cloud accepting users of the service to pay with Bitcoin (BIT), Ethereum (ETH), and Dogecoin (DOGE) through Coinbase, the price of Dogecoin (DOGE) could shoot to the moon.

    Plona (PLON) has a clearly defined pathway to promoting ownership of luxury and exotic cars through what is known as a fractional investment in the form of NFT trading.

    What next for DogeCoin (DOGE) and Shiba Inu (SHIB)?

    In recent times, DogeCoin (DOGE) and Shiba Inu (SHIB) have raked in massive profits for investors, although both are still very far from their All-Time High (ATH). DogeCoin (DOGE) is currently trading at $0.06/DOGE (ATH ≌ $0.74) while Shiba Inu (SHIB) is trading at $0.00001/SHIB  (ATH ≌ $0.00009),

    Crypto analysts have identified the Plona (PLON) token as among the top 12 crypto assets to consider in 2022 and 2023, as it has great potential for massive growth and brings enormous returns to those who invest in the project. Also, since Plona (PLON) is fractionalising the values of exotic cars like Lamborghini to NFT, each fraction of the NFT is backed by the real-world value of the car. In other words, Plona is tokenising luxury car ownership through blockchain technology. Fractioning of this sort makes investing in Plona (PLON) a low-risk investment. Also, Plona (PLON) presently has a low market capitalisation, favoring the possible heights the new token can reach.

    Plona (Plon) is still cheap, and at a current selling price of $0.012 for 1 PLON, the project is worth investing in and a step into the future of exotic cars. Come on the ride! Join the Plona Project!

    Find out more:

    Plona Token

    Presale: https://buy.plona.io
    Website: https://www.Plona (PLON) a.io/
    Twitter: https://twitter.com/Plona (PLON) atoken
    Telegram: https://t.me/Plona (PLON) atoken

     

     

    Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.



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  • Ethereum creator Vitalik Buterin gives start for new Shiba Inu Rival

    Ethereum creator Vitalik Buterin gives start for new Shiba Inu Rival

    • Ethereum co-founder joked about having THE Protocol (THE) crypto and it came to life a few days later.
    • Buterin becomes the largest holder with 100 million THE coins grabbing a 10 percent stake in the protocol.

    In an interesting turn of developments, Ethereum founder Vitalik Buterin’s jibe at some crypto projects ended up giving birth to a new meme coin rivaling Shiba Inu. Last Friday, Vitalik Buterin shared a random thought on his Twitter handle while joking saying that someone must create a project dubbed ‘THE Protocol’.

    Commenting on it, Buterin said that it would be easy to shill a project by referencing it ‘THE” by the influential crypto community members. “Someone should make a project called “THE Protocol” so that their shills can say “Look, so-and-so mentioned THE!” pretty much any time anyone says anything,” added Buterin.

    Just a few days later, an ERC20 protocol, THE Protocol (THE), has come to life. Interestingly the Twitter admins of the new memecoin have also taken a cue from Vitalik Buterin’s suggestion. Crypto analytics firm Nansen has shared some interesting insights about THE Protocol.

    Drawing a leaf from Shiba Inu playbook

    As per crypto analytics firm Nansen, THE Protocol has drawn a leaf from the Shiba Inu playbook. They have also decided to give Vitalik Buterin a 10 percent stake making him the largest holder with 100 million THE tokens. Interestingly, the cryptocurrency managed to grab the attention of some of the Ethereum investors. The data from Nansen shows:

    The largest token holder is @VitalikButerin who received 100M $THE, 10% of its total supply. Top 50 non-entity addresses hold 50.6% of $THE, and most of them got their $THE shortly after its release. The decentralizedvision.eth swapped 3 ETH for 13,614,311 THE at just $0.00028/THE. We see quite a bit of  Smart Money activity on $THE. Just 2hrs ago, “sisterofvitalik” and hxr.eth both sold their $THE, but hxr.eth still holds 2M tokens. 

    During the launch on Tuesday, October 18, the price of THE Protocol (THE) surged a staggering 1000 percent. As of press time, it has gained another 100 percent and is currently trading at $0.03352.

    Furthermore, THE cryptocurrency has made its way to popular crypto exchanges such as Hotbit and MEXC Global in less than six days. In a very short span, its market cap has also shot to $33 million.

    The launch of THE Protocol is a testament that the crypto community can stretch to new areas for excitement despite the crypto winter this year.

    Will SHIB Price Rise

    After a strong bull run last year, Shiba Inu (SHIB) price dropped significantly during this year’s crypto winter. However, the Shiba Inu ecosystem has been undergoing interesting developments. The recent one was the launch of the Shiba Eternity game on mobile platforms that saw more than 100,000 downloads.

    Furthermore, the Shiba Inu blockchain secured the second rank in the Web3 security leaderboard and a trust score of 93. The recent launch of Shiba Inu’s competitor could help in boosting the trading activity for the memecoin.



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