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Shiba Inu Speculators Could Learn This Lesson from Dogecoin
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cryptonews.comThe popular meme coin shiba inu (SHIB) once again saw a massive pump over the weekend, rising by more than 50% on Saturday and Sunday before a correction reduced the gains as the new week started. And based on experience from other meme coins, even deeper corrections could arrive when the hype dies down.
Judging from data from some exchanges, including FTX and Poloniex, the weekend pump marked a new all-time high for the self-proclaimed dogecoin (DOGE) killer. However, on some other exchanges, including Binance, a higher peak was seen on the token’s listing day on May 10 this year, although this may have been the result of thin order books on the first day of trading.
At the time of writing, (13:10 UTC), SHIB was down by 7% over the past 24
Read more on cryptonews.comAbout this in other media
Shiba Inu passes Dogecoin as top "dog" in cryptocurrency economictimes.indiatimes.com /3 years ago
Top cryptocurrency prices today: Shiba Inu, Solana soar 12%; Ethereum tanks 4% economictimes.indiatimes.com /3 years ago
Top cryptocurrency prices today: Polkadot, Binance Coin soar 17%; Shiba Inu tanks 4% economictimes.indiatimes.com /3 years ago
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