Global #Shiba Inu

Crypto investor Crypto King defends Shiba Inu, emphasizing its strong market presence and growth potential despite ongoing criticisms.

The meme coin craze, which has resurged in recent weeks, experienced a significant downturn after a live stream by Keith Gill, also known as "Roaring Kitty." Gill, famous for his role in the 2021 GameStop short squeeze, hosted his first live stream in three years, attracting over 600,000 viewers eager for his insights.

In recent months, many new memecoins have emerged and gained substantial popularity. Despite these new tokens capturing a significant portion of the market share, Shiba Inu (SHIB) has continued to grow.

Crypto analyst Thescalpingpro has advised investors to buy Shiba Inu (SHIB) during its current dip, suggesting that this might be the last chance to purchase SHIB before a potential price increase. At present, Shiba Inu is trading at $0.00002529, reflecting a 1.43% drop for the day and a 2.18% decrease over the past week.

Amid the ongoing craze surrounding meme-inspired cryptocurrencies, a significant investor has recently been accumulating Shiba Inu ($SHIB) tokens in large quantities.

Like many other assets in the cryptocurrency market, Shiba Inu (SHIB) is experiencing significant upward movement, with a nearly 9% increase in price over the past 24 hours. AI and machine learning algorithms anticipate further gains.

Be on the lookout, Dogecoin and Shiba Inu, because a fresh contender called WienerAI ($WAI) is entering the scene, ready to become the new top dog of meme coins with its AI trading bot concept.

Meme coins like Pepe, BONK, Floki Inu, and Shiba Inu have experienced significant losses today, with drops ranging from 5% to 8%. Pepe and BONK are currently priced at $0.00001417 and $0.000032, respectively.

The Shiba Inu project, owing to its extensive community, frequently becomes a focal point for scams, exploiting the trust placed in the project by its supporters.

The Shiba Inu team recently issued a strong cautionary message concerning the growing number of fraudulent activities directed towards the Shibarium platform. Digarch, via X, shared a warning urging the SHIBARMY to exercise extreme caution during these turbulent periods.

Renowned on-chain and technical analyst, Ali Charts, has disclosed a significant influx of over 4 trillion Shiba Inu (SHIB) tokens, totaling around $103 million, into crypto exchanges within the past fortnight. This surge in activity coincides with SHIB's volatile price behavior, indicating a shift in investor sentiment.

Pepe, the meme coin, has witnessed a remarkable surge in trading volume, skyrocketing by 216% since the beginning of the month. Despite a recent dip from its new all-time highs on May 27th, its current trading volume stands at $2.47 billion over the past 24 hours.