bitcoinlfg

Tag: Whats

  • Shiba Inu (SHIB) Up 4.78% Thursday: What’s Next?

    Shiba Inu (SHIB) Up 4.78% Thursday: What’s Next?


    Shiba Inu (SHIB) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Thursday, the crypto has added 4.78% to $0.00001095371602.

    volatility - 30
    InvestorsObserver is giving Shiba Inu a 30 Volatility Rank. Find out what this means to you and get the rest of the rankings on Shiba Inu!

    Moderately Volatile

    InvestorsObserver gives Shiba Inu a moderate volatility rank of 30, placing it in the bottom 30% of cryptos on the market.The Volatility Gauge tracks this makes its score defined by recent trends, rather than a bad day.

    SHIB’s moderate volatility reading comes with a low reading on the Risk/Reward Gauge, meaning that the token has moderate price swings and is well protected from price manipulation.

    Shiba Inu price is trading above resistance. With support at $0.000010162910319924 and resistance around $0.0000107900623959732. This leaves Shiba Inu out of range and potentially in a volatile position if the rally burns out.

    What is a Token?

    Tokens are digital assets that exist on another cryptocurrency’s blockchain.

    Stay In The Know

    Subscribe to our daily morning update newsletter and never miss out on the need-to-know market news, movements, and more.

    Thank you for signing up! You’re all set to receive the Morning Update newsletter

    Source link

  • Shiba Inu Token BONE Seeing High Utility From Whales, What’s Happening?

    Shiba Inu Token BONE Seeing High Utility From Whales, What’s Happening?

    Shiba Inu governance token, BONE, is seeing profound utility from whales as it ranks as one of the most used smart contracts among the top 500 ETH whales in the last 24 hours. Notably, BONE’s smart contract usage for this category of whales is up 100% in the last 24 hours.

    At the time of publication, BONE’s price was up 3.72% at $0.93. While the reason for the spike in utility remains unknown, it seems whales are content to employ another Shiba Inu ecosystem token while SHIB sits in their wallets.

    Whales continue to hodl Shiba Inu (SHIB), as seen in fewer active SHIB addresses in the last 24 hours per WhaleStats data. Shiba Inu (SHIB) also remains the biggest holding of the top 1,000 ETH whales, who are now hodling $124,278,892 worth of SHIB.

    SHIB is recording more “hodlers,” or long-term holders, as the bear market evolves. Per IntoTheBlock’s holders’ composition by time held, 36% of SHIB holders have held onto their tokens for more than a year, 61% have held within a year, and 3% have held onto their tokens for less than a month. At the start of 2022, the number of hodlers was far lower.


    Ads

    Shiba Inu can now be utilized on Amazon and Netflix

    According to an announcement made by the crypto payment gateway FCF Pay, Shiba Inu (SHIB) can now be accepted for its Prepaid Crypto Debit Card.

    SHIB thus becomes the first non-stablecoin accepted for the FCF Pay crypto cards, which can be used in several places, including Amazon and Netflix. The card could also be included in Google Pay to be used in-store.

    As reported by U.Today, FCF Pay announced support for the Shiba Inu trifecta — SHIB, BONE and LEASH — as it added BONE and LEASH as payment options across its merchant network a while back.



    Source link