The second-largest meme coin was relatively sluggish in the past few weeks but managed to break out today and tap a new multi-month peak of over $0.000033.<\/p>\n
As such, it briefly re-entered the top 10 altcoins by market cap, but the subsequent retracement pushed it back to 11th spot after Avalanche.<\/p>\n
<\/a>SHIBUSD. Source: TradingView<\/p>\n Shiba Inu, alongside the rest of the crypto market, benefited substantially of Donald Trump\u2019s landslide win in the November US presidential elections. It stood below $0.000017 at the time but quickly soared<\/a> past $0.00003.<\/p>\n However, it slipped in the following weeks to $0.000025, where it stood from November 12 to earlier today. In a somewhat surprising move during the weekend, the second-biggest meme coin shot up by more than 22% and soared past $0.000033 for the first time since March this year.<\/p>\n Although it has retraced slightly, it still trades above $0.00003 and its gains on a 24-hour scale sit at 15%. This price rally came amid a massive rise in the SHIB burn rate on a weekly scale, according to Shibburn.<\/p>\n HOURLY SHIB UPDATE$SHIB<\/a> Price: $0.00003185 (1hr -0.64% \u25bc | 24hr 17.84% \u25b2 ) TOKENS BURNT \u2014 Shibburn (@shibburn) December 1, 2024<\/a><\/p>\n\n The Shiba Inu community was quick to pick up and celebrate the move, with many predicting<\/a> even more impressive gains in the future. Some slightly exaggerated forecasts<\/a> envision a further 10,000% surge for the token, which would make it by far the biggest in the crypto market.<\/p>\n SHIB_KNIGHT was more modest but still predicted a new all-time high for SHIB after today\u2019s surge. It\u2019s worth noting, though, that the meme coin is still 64% away from its peak reached over three years ago. Its price would almost need to triple from its current levels to exceed the $0.000086 reached on October 28, 2021 (CoinGecko data).<\/p>\n New ATH Journey started for $SHIB<\/a> https:\/\/t.co\/ieWxBACMlU<\/a> pic.twitter.com\/X0jLPKevQk<\/a><\/p>\n \u2014 $SHIB KNIGHT (@army_shiba) December 1, 2024<\/a><\/p>\n\n The post Shiba Inu Skyrockets 15% Daily Amid Predictions About New SHIB All-Time High<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" The second-largest meme coin was relatively sluggish in the past few weeks but managed to break out today and tap a new multi-month peak of over $0.000033. As such, it briefly re-entered the top 10 altcoins by market cap, but the subsequent retracement pushed it back to 11th spot after Avalanche. SHIBUSD. Source: TradingView Shiba […]<\/p>\n","protected":false},"author":0,"featured_media":24906,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-24905","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/24905"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=24905"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/24905\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/24906"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=24905"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=24905"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=24905"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nMarket Cap: $18,780,263,000 (17.89% \u25b2)
\nTotal Supply: 589,259,826,175,294<\/p>\n
\nPast 24Hrs: 15,108,278 (-97.88% \u25bc)
\nPast 7 Days: 2,161,898,903 (985.19% \u25b2)<\/p>\n
![<\/a>SHIBUSD. Source: TradingView<\/p>\nShiba Inu, alongside the rest of the crypto market, benefited substantially of Donald Trump\u2019s landslide win in the November US presidential elections. It stood below $0.000017 at the time but quickly soared<\/a> past $0.00003.<\/p>\nHowever, it slipped in the following weeks to $0.000025, where it stood from November 12 to earlier today. In a somewhat surprising move during the weekend, the second-biggest meme coin shot up by more than 22% and soared past $0.000033 for the first time since March this year.<\/p>\nAlthough it has retraced slightly, it still trades above $0.00003 and its gains on a 24-hour scale sit at 15%. This price rally came amid a massive rise in the SHIB burn rate on a weekly scale, according to Shibburn.<\/p>\nHOURLY SHIB UPDATE$SHIB<\/a> Price: $0.00003185 (1hr -0.64% \u25bc | 24hr 17.84% \u25b2 )\nMarket Cap: $18,780,263,000 (17.89% \u25b2)\nTotal Supply: 589,259,826,175,294<\/p>\nTOKENS BURNT\nPast 24Hrs: 15,108,278 (-97.88% \u25bc)\nPast 7 Days: 2,161,898,903 (985.19% \u25b2)<\/p>\n\u2014 Shibburn (@shibburn) December 1, 2024<\/a><\/p>\n\nThe Shiba Inu community was quick to pick up and celebrate the move, with many predicting<\/a> even more impressive gains in the future. Some slightly exaggerated forecasts<\/a> envision a further 10,000% surge for the token, which would make it by far the biggest in the crypto market.<\/p>\nSHIB_KNIGHT was more modest but still predicted a new all-time high for SHIB after today\u2019s surge. It\u2019s worth noting, though, that the meme coin is still 64% away from its peak reached over three years ago. Its price would almost need to triple from its current levels to exceed the $0.000086 reached on October 28, 2021 (CoinGecko data).<\/p>\nNew ATH Journey started for $SHIB<\/a> https:\/\/t.co\/ieWxBACMlU<\/a> pic.twitter.com\/X0jLPKevQk<\/a><\/p>\n\u2014 $SHIB KNIGHT (@army_shiba) December 1, 2024<\/a><\/p>\n\nThe post Shiba Inu Skyrockets 15% Daily Amid Predictions About New SHIB All-Time High<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"The second-largest meme coin was relatively sluggish in the past few weeks but managed to break out today and tap a new multi-month peak of over $0.000033. As such, it briefly re-entered the top 10 altcoins by market cap, but the subsequent retracement pushed it back to 11th spot after Avalanche. SHIBUSD. Source: TradingView Shiba […]<\/p>\n","protected":false},"author":0,"featured_media":24906,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-24905","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/24905"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=24905"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/24905\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/24906"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=24905"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=24905"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=24905"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2024\/12\/SHIBUSD.png\"){kind=link}