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The Shiba Inu token (SHIB) known as one of the best memecoins in the crypto market is attempting to stabilize after shedding value earlier this month, with the cryptocurrency markets plunging in response to news of the collapse of the Terra stablecoin. But nothing seems helpful and many experts predict that Shiba Inu will continue to drop this year before making a dramatic comeback. SHIB did get a boost of 21% when popular trading platform Robinhood listed the coin for trading on 12 April. But it has been downhill since then. The SHIB/USD price has dropped by more than 40% since the start of the month and has lost 65% since the start of 2023. Many investors (current and future) are concerned about the continuously falling price of Shiba Inu but what is the reason behind this downfall and how SHIB will make a comeback? What is the future of shiba inu coin? Should you buy now to make gains in the future, or should you sell the coin short attempting to profit from a further fall? Let’s find out.Why Shiba Inu is falling?
One of the biggest reasons is that the whole Crypto market is down so is Shiba but sudden drops in Shiba Inu prices are mostly related to panic selling by the holders. Even a small drop in price sometimes triggers panic selling as people are afraid of losing money but holding and buying the dip seems to be the best option. The biggest challenge for the Shiba Inu project is its utility. The Shiba token grew out of hype and not because of products. That’s why when the hype started slowing, the price started to drop and has been plummeting since then. The Shiba team is now working on building products for its ecosystem, but the pace has been slow.Will Shiba Inu continue to drop?
Shiba Inu’s collapse is likely to continue while it is impossible to predict the future, Shiba Inu’s weak fundamentals and concentrated ownership make it a high-risk asset. And the token’s valuation is likely to continue collapsing in 2023.How will Shiba Inu make a comeback?
Shiba Inu seems profitable in the long run because many whales are buying and holding a lot & Shibas are burning at fastest rate possible, also many new projects are being introduced to the platform and by the community like integration with metaverse and Web 3.0 projects. Soon Shiba may also see many uses like other utility tokens if everything goes well by the planning. So, these falls are temporary and Shiba holds a bright future if all plans are executed successfully. If Shiba Inu were to reach a penny, the cryptocurrency would be worth multiples more than Bitcoin. Because of the massive amount of capital required for SHIB to reach a penny, it’s highly unlikely this will happen.
The biggest developments are coming up this year and have the potential to explode this coin. The Shibarium and the Shiberse are two major Shiba Inu developments that crypto analysts say will be a game-changer for this project. Shibarium, a layer-2 scaling solution, is widely anticipated because of the impact it is going to have on this coin.
Shibarium is a scaling protocol designed to scale Ethereum, which is the network that Shiba Inu is running on. With the launch of this scaling protocol, the Shiba Inu project will significantly reduce the amount of gas that users have to pay when transacting SHIB.Is SHIB crypto a good investment?
If you are considering investing in high-risk cryptocurrency tokens, including Shiba Inu (SHIB), we recommend that you always do your research. Look at the latest market trends, news, technical and fundamental analysis, and expert opinion before making any trading decision. Keep in mind that past performance is no guarantee of future returns. Whether the Shiba Inu token is a suitable asset for you will depend on your risk tolerance and how much money you intend to trade. Never invest money that you cannot afford to lose.
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In the ever-evolving world of cryptocurrencies, the past month has seen some significant movements. Shiba Inu (SHIB) and Cardano (ADA), two popular tokens, have experienced contrasting fortunes, while the upcoming Collateral Network is generating buzz with its imminent COLT presale.Shiba Inu: A Dogged Pursuit of Value
Despite multiple promising developments, memecoin Shiba Inu is experiencing a downtrend lately. Not even Shiba can withstand the crypto market’s downturn.
Shiba Inu, a meme coin that has captured the hearts of many, has been struggling to maintain its momentum. The token, known for its Shiba Inu dog logo, has been trading below the $0.000007 mark, with buyers seemingly hesitant to seize the initiative.
Shiba Inu is a decentralized meme token that grew into a vibrant ecosystem. ShibaSwap, fun tokens, Artist Incubator, and growing 500k+ community are some of the exciting features of this project.
However, the recent developments have been less than favorable. The token is currently trading at $0.00000672, and if the situation does not change by the end of the day, the drop is likely to continue in the coming days.
This downturn in Shiba Inu’s value is a stark contrast to the token’s previous performance, which saw it gain popularity and value rapidly. However, the crypto market is notoriously volatile lately, which likely explains Shiba Inu’s current struggles.Cardano: A Week to Forget
The Cardano token also experienced negative developments as of late. Its delistment from popular trading platforms may convince investors to look for another platform.
Cardano, another popular token, has had a week to forget. The token, Cardano, which has been hailed as a potential “Ethereum killer” due to its robust technology and strong development team, has seen its price drop by 30% over the past week.
The drop is due to Cardano’s delisting from popular trading platforms like Robinhood, which contributed to its worst week since May 2023.
Despite the recent downturn, Cardano has a strong foundation and a dedicated community. The question now is whether Cardano can rebound from this setback and regain its previous momentum.Collateral Network: A New Opportunity
Collateral Network aims to disrupt the lending industry by offering decentralized lending protocols for real-world assets on the Ethereum blockchain. The Collateral Network platform accepts a wide range of assets as collateral, including real estate, fine art, vintage cars, gold, fine wines, watches, diamonds, and collectibles.
For lenders, Collateral Network offers fixed passive income, tangible NFTs backed by real physical assets, and security in case of borrower default. For borrowers, the platform offers fast turnaround, privacy, transparency, low cost, and borderless borrowing.
Also, token holders that are borrowers can use the token to get discounts on borrowing fees and interest. The more tokens you hold the lower the interest rate. On the other hand, COLT token holders that are lenders can use the token to get discounts on trading fees in the marketplace. The more tokens you hold the higher the discounts on fees.
The token’s initial starting price is $0.01 and has already risen to $0.0168. Analysts predict a 3,500% (35x) price increase by the time COLT is released on major exchanges.Find out more about the Collateral Network presale here:
Investing in digital assets such as cryptocurrencies has gained significant attention in recent years, with an increasing number of people interested in this topic. Two of the most talked-about cryptocurrencies currently on the market are Dogecoin and Shiba Inu. Both of these coins have gained popularity due to their unique branding and the support of a large online community. In this article, we’ll take a closer look at both Dogecoin and Shiba Inu to determine which one is the top dog in the crypto world along with chúng tôi a new crypto gaining traction.Dogging With The Doge
Dogecoin was born in 2013 as a joke/mockery based on the popular “Doge” meme. Despite its origins, the cryptocurrency has gained a significant following and is currently one of the top ten cryptocurrencies by market capitalization. Dogecoin has seen its fair share of ups and downs, with its price reaching an all-time high of $0.69 in May 2023 before dropping significantly in value.
Dogecoin’s popularity can be attributed to its community-driven nature and the support of high-profile celebrities like Elon Musk. However, its future is uncertain, with some experts questioning its long-term viability as a serious investment opportunity.Shibbing With The Inu
Shiba Inu is a newer cryptocurrency that has gained attention due to its branding, which is based on the Shiba Inu dog breed. The cryptocurrency was created in August 2023 as an ERC-20 token on the Ethereum blockchain. Shiba Inu has gained a strong following due to its low price point and the potential for significant returns if the coin’s value continues to rise.
Shiba Inu’s community is also a significant factor in its popularity, with the coin’s developers creating a decentralized exchange (DEX) called ShibaSwap that allows users to trade the cryptocurrency without relying on centralized exchanges.Dogecoin vs Shiba Inu:
When comparing Dogecoin and Shiba Inu, there are several factors to consider. Both coins have gained popularity due to their unique branding and strong community support. However, there are some key differences between the two dog based meme tokens.
One of the most significant differences between Dogecoin and Shiba Inu is their market capitalization. At the time of writing, Dogecoin has a market cap of around $11.25 billion, while Shiba Inu has a market cap of just over $6 billion. Dogecoin is a more established cryptocurrency with a larger user base and community.
Another factor to consider is the potential for future growth. While Dogecoin has seen significant price increases in the past, there are some concerns about its long-term viability. Shiba Inu, on the other hand, is a newer cryptocurrency with significant potential for growth if its community continues to expand.
In addition to Dogecoin and Shiba Inu, chúng tôi is another cryptocurrency that has gained significant traction in the crypto world. The platform’s mission is to establish a community of one million users before the launch of their blockchain and native token, and they are incentivizing users to spread the word through a referral mechanism that translates into a leaderboard. chúng tôi prioritizes user control, privacy, and security, aligning with the decentralized ethos of Web3.
By using the Ethereum blockchain and smart contracts for peer-to-peer transactions, chúng tôi ensures that users maintain control over their assets and data, without relying on a central authority. This approach not only reduces the risk of hacks and fraud but also provides a more equitable and transparent trading experience for users.
When putting money into an asset, the only thought occupying an investor’s mind is the growth potential the asset possesses. The crypto market provides sublime opportunities for investors to make great fortunes regardless of the size of their initial investment. Many enthusiasts have exploited these opportunities to the fullest and turned into millionaires overnight.
The much sought-after meme coin, Shiba Inu, is an excellent example of where individuals in the crypto sphere secured significant profits. However, the altcoin in question has now lost its touch. Investors should look for new and possibly better investment options.
In this article, we will list the five best altcoins to buy that serve as a suitable replacement for Shiba Inu and have excellent growth prospects.A Quick Look at Shiba Inu:
Before going into the details about credible crypto with excellent growth forecasts, we will first have a quick look at the history of Shiba Inu.
The firm was initially launched as a ‘joke’, but after the overwhelming response from crypto enthusiasts worldwide, further work on the coin started. The “meme-coin” was named after the Japanese breed of dog, the Shiba Inu, and has seen substantial price increases since its inception.
Shiba Inu started its journey from a price of $0.000000000056 and reached an all-time high of $0.00003791 in May 2023. Since then, the meme-coin started depreciating and has been unable to recover its long-lost glory.
Crypto enthusiasts nowadays go after Cryptocurrencies that offer a complete package. This means they provide great passive earning opportunities and focus on better community participation.
Toad Economics (Tokenomics):
46.58% for Presale
22.3% for community growth and liquidity
14.41% for competition and prizes
7.5% for development
5% for team tokens
4.3% for project launch, public releases, initial treasury pool, and misc
The firm imposes a 7% tax on all transactions. The tax collected will be utilized as follows:
2% for token burn
2% for NFT staking Pool
1% for Liquidity Pool
2% for treasuryToken Burn: NFT Staking Pool: Treasury:
2% of the collected tax is used to fill the treasury. The treasury, in turn, is used to fuel the staking pool, for developmental purposes, and to maintain liquidity.Charity: Toad Vs Toad:
Traders who are selected to make trades using the treasury reserve will receive 10% of the profit that is made. This incentive will help boost both trader enthusiasm and the profits being made.Presale:
The TOADS token is one of the best cryptocurrencies to buy right now. Investors wishing to make a purchase can resort to the ongoing presale. Buying TOADS early in time will help you secure great returns once this ultimate coin explodes.
As of date, more than 100,000,000 tokens have been sold, and the Lilypad 3 stage offering the TOADS token for 0.016 USD is about to end. Interested individuals can make the most out of the fantastic discounts and promo codes provided.
A notable thing about the presale is the vast array of coins supported as a form of payment. Buyers can opt for BTC, ETH, BCH, LTC, USDT, USDC, BUSD, BNB, DOGE, SOL, TRX, SHIB, and others to purchase TOADS tokens.
TOADS tokens purchased during the sale can be deposited in the user’s wallet once the presale ends. Users have to access the claim page to get hold of their purchases. Another remarkable feature about the token is that there is no vesting period. Traders can get hold of their assets as soon as the presale ends and kick-start their trading process.Dogecoin (DOGE):
Dogecoin is a popular peer-to-peer, open-source cryptocurrency that set foot in the crypto world in 2013. Like Shiba Inu, it started as a joke; however, as opposed to Shiba, Doge did have little utility. It was meant to serve as a tipping token for content creators.
Over time, this ultimate meme-coin gained tremendous popularity, and as of today, it is among the top 10 cryptocurrencies by market capitalization, according to CoinMarketCap. Dogecoin does not enjoy the high levels of security as Bitcoin, but it is built on the Litecoin blockchain, and users can freely transact DOGE tokens in a protected environment.
From March 2023 to March 2023, the enduring coin witnessed a 4000 times increase in its price. Five years back, a person who invested a mere $10 in dogecoin would have more than $44,000 today.
The boost in dogecoin price also comes from the support shown by Elon Musk, owner of the renowned automotive industry Tesla. In his interview with Bloomberg News, Musk said, “ I just know a lot of people who are not wealthy and who, you know, have encouraged me to buy and support Dogecoin. I am responding to those people”.
This remark by Musk was enough to send the crypto world into a frenzy, and dogecoin saw a considerable price increase.Fight Out (FGHT):
This is another excellent substitute for Shiba Inu. Fight Out is a cryptocurrency firm promoting a healthy lifestyle among individuals while offering them great earning opportunities. It is a move-2-earn crypto that rewards users for completing various fitness challenges.
The FGHT coin has broken all presale records. Fight Out allows its users to customize workout plans according to their feasibility. Individuals can select the type of exercise they want, the number of calories they intend to burn, and the severity of the activities. Moreover, if you need more clarification about what you are supposed to do, there are always fitness experts available with the firm who can guide you in each step.
Who wouldn’t relish earning opportunities that can arise from the mere act of exercising? The answer is “everybody”. Fight Out is not limited to drafting the perfect exercise timetable for an individual but goes even further and rewards users who stick to their fitness schedule.
Fight Out’s rising fame indicates the FGHT coin is witnessing a multi-fold increase in its price. Experts predict that in 2023, the cost of this ultimate token will go up 30 times.RobotEra (TARO):
Cryptocurrencies linked to the metaverse have grown exponentially in the last few years. This exponential growth has come to a standstill for most metaverse coins; however, RobotEra is a superlative metaverse crypto that is still on the rise.
The firm envisions a metaverse dominated by robots, creating endless earning and entertainment possibilities for its users. TARO coin is forecasted to go up by 3000%. This makes it an ideal substitute for Shiba Inu.Solana (SOL):
Solana is another significant altcoin that is a better investment option than Shiba Inu. Despite the prevailing bearish trend in the crypto market, the price of SOL has remained somewhat unchanged. According to reputable price prediction sites, Solana is expected to increase by the end of 2023.Conclusion:
Is Ryoshi following the same steps as Satoshi to manage the cryptocurrency, Shiba Inu, in 2023?
Top 5 Reasons that Prove How Shiba Inu Market Cap will be Surpassed by Bitgert
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The Shiba Inu Founder, Ryoshi, has deleted all the tweets from Twitter as well as changed the profile picture to a picture of the moon. This has led to zero presence of Ryoshi on all social media platforms. Crypto investors are seeking similarities between Ryoshi and Satoshi Nakamoto on multiple occasions. Ryoshi created SHIB in August 2023 and after two years, he has decided to leave the social media presence. He has even deleted his first-ever tweet on Shiba Inu— All hail the Shiba— on Twitter.
The last post on Twitter from Ryoshi was in May 2023 and just after a year, he deleted all Twitter posts including articles and blogs in May 2023. He gave a clue in May 2023 that at any point in time, he will leave the cryptocurrency market or social media platforms by tweeting that he was not important and one day he would be gone without any notice. The cryptocurrency market should take SHIB and its journey upwards. But the cryptocurrency market has noticed that he is gone from Twitter with all his tweets.
The current price of Shiba Inu is US$0.00001162 with a market capitalization of US$6.38 billion and a volume of US$383.98 million along with a rank of 16, according to CoinMarketCap. Crypto investors find investing in Shiba Inu is more difficult because of its high volatility. Some days, it comes nearby to the top ten cryptocurrencies, and some days it incurs a loss.
It has been speculated that it may be a publicity stunt of Ryoshi to gain some attention toward Shiba Inu. This is the peak time when almost the entire cryptocurrency market is focused on Terra, Luna 2.0, Bitcoin, and many more. Shytoshi Kusama, the leading developer of Shiba team, was grateful to Ryoshi for his influence on the growth of Shiba Inu. Ryoshi was known for creating LEASH, a cryptocurrency in the Shiba Inu ecosystem.
There are multiple similarities between Satoshi and Ryoshi in the cryptocurrency market. Both of them kept their real identity as anonymous and did not ever disclose their real names. Both Satoshi and Ryoshi have decided to take Bitcoin and Shiba Inu to the next level respectively. They left the social media presence and maybe the cryptocurrency market very suddenly and suspiciously. Satoshi left Bitcoin in 2011 and Ryoshi left Twitter in 2023 abruptly. It can be possible in both cases that some personal issue was triggered by some events that can never be disclosed to the public. Crypto investors consider that Satoshi has died but his creation is flourishing in the highly volatile cryptocurrency market by holding the topmost rank for a long period of time.
The sudden stepping down from Twitter may delay the bullish breakout to gain sufficient trust from crypto investors. The burn rate of SHIB took a hit after the disappearance of Shiba Inu memecoin Founder. It is expected that the memecoin will experience the same journey as the stablecoin Terra. Crypto investors must wait and lookout for the next move of Shiba Inu to drive profit in crypto wallets, despite being one of the hardest-hit cryptocurrencies.
Meme crypto coins have been gaining popularity in the crypto community in recent years. These coins, often referred to as ‘meme coins,’ are typically created as a joke or parody of popular cryptocurrencies. However, despite their humorous origins, meme coins have managed to gather a significant following and have even gained mainstream recognition. Dogetti (DETI), Dogecoin (DOGE), and Shiba Inu (SHIB) are a few good examples of such meme coins.The Godfather of Meme Coins, Dogetti
The newest meme coin called Dogetti (DETI) aims to establish a vibrant and engaging community of users known as the ‘Dogetti Family.’ The goal is to provide entertaining and valuable use cases and utilities through different competitions, giveaways, and NFTs while also increasing the net worth of the community members. The name ‘Dogetti Family’ is inspired by the popular movie series “The Godfather” and “Fast and Furious” to create a sense of unity among Dogetti users. This strategy sets the Dogetti community apart from other crypto mutts and has helped it to sell over 2.75 billion coins during its first presale stage.
Dogetti’s reflection protocol is one of the features that sets it apart from its rivals. With every transaction, 2% is redistributed to DETI holders. In other words, simply having DETI coins in your wallet allows you to earn more DETI coins. The Dogetti DAO (Decentralized Autonomous Organization) provides each member of the Dogetti Family with voting rights on proposals and changes within the project. The DogettiSwap DEX (decentralized exchange) enables users to easily and securely sell or swap their ERC20 tokens on the exchange. Finally, Dogetti NFTs have the potential to produce new and unique Dogetti NFTs, making them highly lucrative.Elon Musk’s Favorite Crypto, DOGE
Dogecoin (DOGE) is amongst the most popular meme coins in the world. Created by software engineers Billy Markus and Jackson Palmer in 2013, Dogecoin is based on the popular ‘Doge’ internet meme, which features a Shiba Inu, a dog breed from Japan. Initially created as a joke, Dogecoin has since gained a cult following and has even been endorsed by notable celebrities like Elon Musk.The Subtle Meme Coin, Shiba Inu
Another popular meme coin is Shiba Inu (SHIB), which was created in 2023. Similar to Dogecoin, Shiba Inu is based on the Shiba Inu dog breed and has gained a significant following in the crypto community. The coin has been dubbed the ‘Dogecoin killer’ by some enthusiasts and has even been listed on major cryptocurrency exchanges such as Binance and Coinbase.
In recent times, meme coins have managed to appeal to many investors and have gained mainstream recognition. This can be attributed in part to the power of social media and the internet, which has allowed for the rapid spread of meme culture and the creation of new and innovative digital assets. One latest example can be the tweet by Elon Musk, which skyrocketed the value of Floki and Dogecoin in a matter of a few hours.Final Words
Dogetti has already made waves in the market, attracting investors and traders interested in meme coins. With Elon Musk’s recent interest in meme coins, Dogetti has the potential to soar to unprecedented heights, joining the ranks of other successful meme coins like Dogecoin and Shiba Inu. By providing a sense of belonging and valuable utilities to its users, Dogetti is an intriguing addition to the ever-growing world of cryptocurrency.For More Information On Dogetti (DETI):
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