![]() ![]() Celebrity endorsements or mentions can lead to short-term spikes. Strong communities can play a significant role in the success and longevity of cryptocurrencies. If history is any indication, this could very well be true. First, it thinks that viral social media campaigns could potentially propel its price. ![]() Before we get to the risks to SHIB’s price, ChatGPT also outlined four potential catalysts. The cryptocurrency is down some 15.6% in the past 30 days and around 36% over the past year. Here’s what it came up with.Īuthor: 09:00 Shiba Inu’s price has been trending lower for the past week, shedding some 7.2% during that period. Author: 09:00 Shiba Inu’s price has been trending lower for the past week, shedding some 7.2% during that period. For more information please read our full risk warning and disclaimer.The world's most popular AI comments on four potential risks for Shiba Inu's price going forward. This website does not provide investment, financial, legal, tax or accounting advice. If you are unsure, seek independent financial, legal, tax and/or accounting advice. Investing is not suitable for everyone ensure that you have fully understood the risks and legalities involved. Prices may go down as well as up, prices can fluctuate widely, you may be exposed to currency exchange rate fluctuations and you may lose all of or more than the amount you invest. Trading history presented is less than 5 years old unless otherwise stated and may not suffice as a basis for investment decisions. Past performance is not an indication of future results. ![]() When trading in stocks your capital is at risk. Any trading history presented is less than 5 years old unless otherwise stated and may not suffice as a basis for investment decisions. Past performance does not guarantee future results. Trading cryptocurrencies is not supervised by any EU regulatory framework. You should consider whether you understand how an investment works and whether you can afford to take the high risk of losing your money.Ĭryptocurrencies can fluctuate widely in prices and are, therefore, not appropriate for all investors. Each investment is unique and involves unique risks.ĬFDs and other derivatives are complex instruments and come with a high risk of losing money rapidly due to leverage. contracts for difference (“CFDs”) is speculative and carries a high level of risk. Risk Warning: Investing in digital currencies, stocks, shares and other securities, commodities, currencies and other derivative investment products (e.g. A hyperlink to or positive reference to or review of a broker or exchange should not be understood to be an endorsement of that broker or exchange’s products or services. Notwithstanding any such relationship, no responsibility is accepted for the conduct of any third party nor the content or functionality of their websites or applications. We may receive financial compensation from these third parties. Please be aware that some of the links on this site will direct you to the websites of third parties, some of whom are marketing affiliates and/or business partners of this site and/or its owners, operators and affiliates. The recent launch of Shibarium is one of the steps that reignited whale interest in SHIB token, whose price has declined 19% in the past 30 days. Shiba Inu started off as a dogecoin-inspired meme token, but is quickly transitioning into one of the largest crypto communities amid a burgeoning decentralized ecosystem. SHIB currently ranks as the 16th largest cryptocurrency by market capitalization with $4.4 billion. The integration of SHIB means the more than 1,800 companies across the industry that target news distribution can pay for the service via the popular token. With the recent launch and bridge of Shibarium, it only makes sense for Blockchain Wire to accept such a broadly used token with a growing base of token holders and a rapidly developing layer-2 network.” “ SHIB is a widely held token by many of our current and prospective clients. In addition to Shiba Inu, Blockchain Wire accepts Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) Dogecoin (DOGE), Polygon (MATIC) and the stablecoins USDT and USDC.īlockchain Wire CEO Michael Shuler said in a comment: The Alpha Transform Holdings subsidiary announced it had added SHIB to the list of accepted cryptocurrencies on Tuesday. Support for SHIB adds to already accepted Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) Dogecoin (DOGE), Polygon (MATIC) as well as USDT and USDC.īlockchain Wire, a press release distribution provider for blockchain and crypto news, has integrated a new payment option in the form of Shiba Inu (SHIB).Blockchain Wire now accepts Shiba Inu (SHIB) as a payment method. ![]()
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