Here's Why Shiba Inu Surged 7% Today | The Motley Fool

Aug 23, 2023 · Many investors' favorite meme token Shiba Inu (SHIB 3.47%) is once again making big moves in today's session. As of 1 p.m. ET, Shiba Inu has put forward a rather impressive 7.4% 24-hour move.

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Here's Why Shiba Inu Surged 7% Today | The Motley Fool

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Why Shiba Inu Surged Today - The Motley Fool

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The cryptocurrencyShiba Inu (SHIB80.14%)climbed on Wednesday, following reports of a massive purchase by a wealthy investor. As of 5:10 p.m. ET, Shiba Inu's token price was up more than 10% over the previous 24 hours.

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Prediction: XRP Will Soar Over The Next 4 Years. Here ... - The …

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Jan 4, 2025 · Become a Motley Fool member today to get instant access to our top analyst ... the token's price has surged 268% over the last year. ... Here's Why Ethereum, XRP, and Shiba …

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Why Crypto's Meme Coins Are Crashing | The Motley Fool

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4 days ago · Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth ... Shiba Inu has dropped 11.7%, and Pepe is down 19.9% in just …

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Why Is Shiba Inu Up 40% Today? Should You Buy? - Nasdaq

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Feb 7, 2022 · Founded in 1993 in Alexandria, VA., by brothers David and Tom Gardner, The Motley Fool is a multimedia financial-services company dedicated to building the world's …

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Here's Why Shiba Inu Plunged 30% This Month - Yahoo Finance

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Jun 25, 2024 · Why did Shiba Inu's price drop 30% in a month? As a meme crypto with a market cap of $9.7 billion, Shiba Inu is more prone to volatile swings than other larger cryptocurrencies.

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Dogecoin Up 10%, Shiba Inu Rises 6%: What's Driving The Surge?

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9 hours ago · Statistics: According to Shibburn, Shiba Inu's burn rate surged 2,229.01% in the past 24 hours, driven by the burning of 21.07 million tokens, including a single transaction …

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FAQs about Here's Why Shiba Inu Surged 7% Today | The Motley Fool Coupon?

Why is Shiba Inu (Shib) soaring higher today?

Today's surge higher appears to reflect bullish sentiment around this scaling solution's relaunch. This dog-inspired crypto is barking higher today. Many investors' favorite meme token Shiba Inu (SHIB -6.84%) is once again making big moves in today's session. As of 1 p.m. ET, Shiba Inu has put forward a rather impressive 7.4% 24-hour move. ...

What happened to Shiba Inu (Shib)?

Cryptocurrency Shiba Inu (SHIB 2.97%) soared on Sunday evening following a social-media shout-out from Tesla founder and CEO Elon Musk. As of noon EDT on Monday, tokens were up 9% over the previous 24 hours, according to CoinMarkCap.com. Trading volume was up a far more robust 200% over that same time period. ...

Why is Shiba Inu losing ground?

Shiba Inu is losing ground amid a significant pullback for the broader cryptocurrency market. Today's sell-offs have been triggered by new data from the U.S. Bureau of Labor Statistics (BLS) that has raised concerns about inflationary pressures and the outlook for interest rates. This morning, the BLS published job openings data for November. ...

Will Shiba Inu make another historic run higher?

The Answer Will Make Your Head Spin. Shiba Inu delivered one of the greatest returns in the history of financial markets during 2021. Shiba Inu proceeded to fall more than 90% from its peak by mid-2022, but it staged a recovery in 2024. There is one way the meme token could make another historic run higher, but the numbers are mind-blowing. ...

Can Shiba Inu be a long-term winner?

It's possible for Shiba Inu to be a long-term winner in the cryptocurrency space. However, I believe long-term investors should tread cautiously, because tokens are soaring today due to a short-term consideration. Celebrities can sometimes move the market, whether it's cryptocurrencies or stocks. ...

Can Shiba Inu reach $1?

But reaching $1 will be almost impossible in Shiba Inu's current state because it has a supply problem. There are 589.5 trillion tokens in circulation, so based on the current price-per-token of $0.000023, Shiba Inu has a market capitalization of about $13 billion. ...