Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Time To Cash In? SHIB Soars 40% And Snatches DOGE Position In Top 10

Switching positions in the crypto top 10 during the past 24 hours, Shiba Inu (SHIB) has finally taken Dogecoin (DOGE) position as one of the largest cryptocurrencies by market cap. Related Reading | Shiba Inu (SHIB) Jumps 50% To ATH Amid Robinhood Rumors As of press time, SHIB trades at $ 0,000068 with a 44% and 144% rally in the daily and weekly charts, respectively. In the 30 days chart, the token records a massive 865% profit. The token was launched as a competitor to DOGE, but with its own team and community. Their collective efforts have managed to bring SHIB to this point, as it continues to gain more popularity. The token has gone from being a meme coin dumped by the creator of Ethereum Vitalik Buterin to representing the spirit of retail investors looking to create their own opportunities. With millions in profits in the 1-year chart, SHIB could easily be crowned as the king of meme coins. Pseudonym trader IncomeSharks has been tracking the price of this token. Despite its massive rally, the cryptocurrency could be approaching a selling zone as the euphoria mania around comes to an end. As seen below, IncomeSharks compared SHIB and DOGE’s performance and concluded that there are “identical” market conditions and human behavior. $SHIB – Identical human behavior and market conditions to $DOGE (even if it's better). – Long accumulation– Massive breakout (millionaires are made)– Retail wants to get rich– Narratives and price targets start– MEME dog tokens explode– Top holders cash out– Panic sell pic.twitter.com/InyBG0xfOI — IncomeSharks (@IncomeSharks) October 26, 2021 These two elements have allowed SHIB to climb all the way up to the top 10, but also suggest an irrational market that could lead to a sudden crash. Similar to DOGE, SHIB Whales could be preparing to dump on retail: Irrational markets create a lot of opportunity but you have to remember it doesn’t last forever. Don’t let unusual market behavior change your strategies. Either flow with it temporarily or wait for conditions to align back to what you were comfortable with. Related Reading | Why Shiba Inu (SHIB) Rallied 266% Following Biggest Dump In Its History Forget SHIB, What’s The Next Big Thing Market conditions could also tip in favor of SHIB bulls, and the token could continue its impressive rally. As IncomeSharks has also noted, Bitcoin’s Dominance (BTCDOM) in the market has been moving sideways in the past few days. The metric stands now at a “sweet spot” and could allow altcoins to persist in their price discovery mode. Several altcoins besides Shiba Inu have experienced all-time highs or a fast return to their previous highs in the past week, including Solana (SOL), Polygon (MATIC), and others. Related Reading | Shiba Inu Outranks Chainlink And Takes Place In Top 15 Crypto-Assets IncomeSharks tries to stay ahead of the trend. Therefore, he suggested investors take their profits from SHIB and move it to MINISHIB, and other meme coins already yielding high returns. He claimed: I’m excited for the $SHIB holders making money, and hope it keeps going. But while everyone was buying green candles and following the herd I went to the MEME plays which are always next. I had higher returns on 4 of these than this $SHIB pump. $DIGINU $SNOOD $SMI and #MINISHIB.

Go back up your wallets right now. Don’t make the same mistake i did

GO BACK YOUR WALLETS UP RIGHT NOW, LIKE RIGHT NOW. I fucked up, bad. I thought I was much better at keeping track of and safe my wallets but it turns out i'm actually terrible at it. I was on cloud 9 with my nice, growing bag of ONE. I was staking it in Guarda…
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Nano brought me here but guess everyone hates it?

So you can say I have been living under a rock while I found crypto fascinating I was never really invested in it neither mentally nor monetarily. Well yesterday nano giveaway reeled me into crypto world and I really loved the eco friendly, fast, and zero fees thing about the nano coin but I have…
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Eth art by me

submitted by /u/fraktalityworld [link] [comments]

You can now long or short ethereum on Polymarket

submitted by /u/Grifwich [link] [comments]

My baby – 315 MH/s

submitted by /u/sonotworthit420 [link] [comments]

3 Reasons Why High Gas Fees Are Bullish For ETH

submitted by /u/Tejas_LiMan [link] [comments]

CCIP-019 – Disable Live Posts

Link to pre-proposal Summary: Through my personal observations here, I have never seen a live post intentionally created and used by a non-mod. They are consistently accidently created, and can't be converted once made. I propose they be disabled overall to prevent their accidental creation. Problem Statement: I will be the first to admit this…
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Twitter CEO Jack Dorsey reiterates a positive outlook on Bitcoin tipping during earnings call

Dorsey suggested that the new initiative is incentivizing content creation and cryptocurrency adoption alike.

NFTSEA (NS) Airdrop ends soon!

NFTSEA (NS) Airdrop ends soon! https://nftsea.net/BT4T7E Use the link to claim your NFT Airdrop Use your ETH Wallat Address to Claim submitted by /u/nohwhatnow [link] [comments]