Why Is Shiba Inu Dropping In Value?

10:32am, Sunday, 14'th Nov 2021 CryptoTicker
The digital asset space is somewhat unpredictable due to high volatility. Weeks ago, Shiba Inu attained an all-time high, assuring early buyers massive profits. However, things are looking shaky for the meme coin, causing panic amongst investors. Meme season might be over as Shiba Inu and Dogecoin, two of the most popular memecoins, have seemed to lose their steam. For one, Dogecoin has not recorded noticeable gains since August and has been seen consolidating around the $0.27 range. On the other hand, Shiba Inu is falling as investors are dumping the coin due to recent whale movements. What Is Shiba Inu? Shiba Inu is memecoin, which some users claim is an alternative to Dogecoin. Before the drop, it had been one of the best performers in the market. This earned holders significant profits within a year. In October, the coin reached an all-time high of $0.00008616, jumping by more than 100%. However, this coin is slightly different from Dogecoin. While Doge has its blockchain, developers built Shiba on Ethereum, making it a token.

Gemini Exchange Adds Support For Shiba Inu (SHIB) Is Robinhood Next?

02:36am, Sunday, 14'th Nov 2021 Fintechs Finland
Gemini is the latest cryptocurrency exchange to add support for the meme cryptocurrency Shiba Inu (SHIB). Gemini also announced listings for selected DeFi, metaverse, infrastructure, and data management tokens. The pressure for Robinhood to list the Shiba Inu crypto grows. The post Gemini Exchange Adds Support For Shiba Inu (SHIB) Is Robinhood Next? appeared first on Fintechs.fi .
Another major cryptocurrency exchange has added support for the meme cryptocurrency shiba inu. Gemini has begun supporting SHIB alongside a few new defi, metaverse, infrastructure, and data management tokens. Meanwhile, the petition for Robinhood to list the shiba inu crypto has garnered more than 531K signatures.
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