The meme-based cryptocurrency Shiba Inu (SHIB) faced extreme selling pressure in the last few months after a retail frenzy pushed the digital asset’s price to a record high of $0.000088 in October 2021. CoinMarketCap’s recent data shows that the market cap of Shiba Inu has dropped below $15 billion, the lowest level since 12 January. […]
Known as the Dogecoin killer, Shiba Inu (SHIB) faced extreme selling pressure in the last few months after a retail frenzy pushed the price of the digital asset to a record high of $0.
The global market cap of cryptocurrencies is $1.27T, down 14% in 7 days. This was one of the worst trading periods in the cryptoasset market since May 23.
One of the ways in which the top 200 digital properties create cross-chain wrappers through an exclusive decentralized protocol is called Knit Finance. It allows traders, farmers, developers, and institutions to warrant secure cross-chain uncertainty of assets by building bridges to tap into reliable custody service to mint ‘K-Assets’. Users can choose the Ethereum network …
XEM price may soon test and break out of the 76.4% FIB retracement levels of $0.107. The price may break out of the 61.8% FIB retracement level of $0.109 as well. By day close, if the price retests and falls below these levels, then probably a price downtrend has set in. In that case, the price may continue to increase tomorrow as well.