{"id":596154,"date":"2024-03-04T14:00:46","date_gmt":"2024-03-04T14:00:46","guid":{"rendered":"https:\/\/wncen.com\/?p=596154"},"modified":"2024-06-11T07:55:49","modified_gmt":"2024-06-11T07:55:49","slug":"shiba-inu-blasts-into-top-10","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/shiba-inu-coin\/shiba-inu-blasts-into-top-10\/","title":{"rendered":"Shiba Inu Blasts Into Top 10 Crypto Following 175% Price Surge"},"content":{"rendered":"

The crypto market witnessed an explosive surge last week, pushing crypto prices to new levels. Meme coins, particularly Shiba Inu, have <\/span>reaped significant benefits<\/span><\/a> from this market surge. At the time of writing, SHIB has carried over its gains from the previous week into the current week and is currently on a 175% increase in the past seven days. Interestingly, this surge saw SHIB breaking into the top 10 crypto by market cap last week as it outperformed most altcoins.<\/span><\/p>\n

SHIB Blasts With A 175% Surge<\/h2>\n

Shiba Inu’s ecosystem (spearheaded by SHIB) is one of the fastest-growing communities in the crypto industry. The meme cryptocurrency has come a long way in a short time from its days as a cryptocurrency fueled by hype. Despite <\/span>constant SHIB burns<\/span><\/a> and <\/span>updates to<\/span><\/a> the ecosystem, SHIB largely underperformed in December and January, prompting community members to <\/span>call for swift and better action<\/span><\/a> from team members.\u00a0<\/span><\/p>\n

Related Reading: CEO Of Blockchain-Focused VC Firm Predicts XRP Price Will Reach $10<\/a><\/div>\n

Things have taken a turn for the better since early February, as SHIB and other tokens in the SHIB ecosystem have recorded strong gains across the board.\u00a0<\/span><\/p>\n

The price of SHIB <\/span>spiked <\/span><\/a>by over 180% at one point in the past few, pushing it over the $0.00002 price level since April 2022. This impressive performance saw it <\/span>breaking ranks<\/span><\/a> and overtaking Chainlink (LINK), Tron (TRX), and Polkadot (DOT) in market cap rankings. It’s important to note that these altcoins have also witnessed gains amid a wider influx, with Chainlink, Tron, and Polkadot currently up 10%, 2%, and 27% respectively in the past seven days.<\/span><\/p>\n

SHIB’s recent gains have also flowed into other tokens in the Shiba Inu ecosystem. BONE, for instance, is currently up by 70% in the past 30 days. LEASH is also up by 112% in the past 30 days. SHIB has also outperformed DOGE, which itself has posted a massive 94% gain in the past seven days.<\/span><\/p>\n

What\u2019s Next For SHIB?<\/h2>\n

SHIB’s recent performance seems long overdue for its fervent holders, and it isn’t showing any sign <\/span>of stopping soon<\/span><\/a>. Lookonchain <\/span>recently called attention<\/span><\/a> to a whale who made $2.5 million as a result of the price surge.<\/span><\/p>\n

Related Reading: Bitcoin Profitability Reaches 97% For The First Time In Over 2 Years<\/a><\/div>\n

According to <\/span>data <\/span><\/a>from Coinglass, open interest in active perpetual futures contracts tied to SHIB is now over $100 million for the first time since August 2023.<\/span><\/p>\n

SHIB is still 66% down from its all-time high, but it faces virtually no resistance until it reaches $0.000032. A sustained move above $0.000027 could send SHIB skyrocketing to $0.000032 for the first time in over two years.\u00a0<\/span><\/p>\n

\"Shiba<\/p>\n

SHIB price at $0.00002657 | Source: SHIBUSD on Tradingview.com<\/a><\/pre>\n
Featured image from Finbold, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"
The crypto market witnessed an explosive surge last week, pushing crypto prices to new levels. Meme coins, particularly Shiba Inu, have reaped significant benefits from this market surge. At the time of writing, SHIB has carried over its gains from the previous week into the current week and is currently on a 175% increase in the past seven days. Interestingly, this surge saw SHIB breaking into the top 10 crypto by market cap last week as it outperformed most altcoins. SHIB Blasts With A 175% Surge Shiba Inu’s ecosystem (spearheaded by SHIB) is one of the fastest-growing communities in the crypto industry. The meme cryptocurrency has come a long way in a short time from its days as a cryptocurrency fueled by hype. Despite constant SHIB burns and updates to the ecosystem, SHIB largely underperformed in December and January, prompting community members to call for swift and better action from team members.\u00a0 Related Reading: CEO Of Blockchain-Focused VC Firm Predicts XRP Price Will Reach $10 Things have taken a turn for the better since early February, as SHIB and other tokens in the SHIB ecosystem have recorded strong gains across the board.\u00a0 The price of SHIB spiked by over 180% at one point in the past few, pushing it over the $0.00002 price level since April 2022. This impressive performance saw it breaking ranks and overtaking Chainlink (LINK), Tron (TRX), and Polkadot (DOT) in market cap rankings. It’s important to note that these altcoins have also witnessed gains amid a wider influx, with Chainlink, Tron, and Polkadot currently up 10%, 2%, and 27% respectively in the past seven days. SHIB’s recent gains have also flowed into other tokens in the Shiba Inu ecosystem. BONE, for instance, is currently up by 70% in the past 30 days. LEASH is also up by 112% in the past 30 days. SHIB has also outperformed DOGE, which itself has posted a massive 94% gain in the past seven days. What\u2019s Next For SHIB? SHIB’s recent performance seems long overdue for its fervent holders, and it isn’t showing any sign of stopping soon. Lookonchain recently called attention to a whale who made $2.5 million as a result of the price surge. Related Reading: Bitcoin Profitability Reaches 97% For The First Time In Over 2 Years According to data from Coinglass, open interest in active perpetual futures contracts tied to SHIB is now over $100 million for the first time since August 2023. SHIB is still 66% down from its all-time high, but it faces virtually no resistance until it reaches $0.000032. A sustained move above $0.000027 could send SHIB skyrocketing to $0.000032 for the first time in over two years.\u00a0 SHIB price at $0.00002657 | Source: SHIBUSD on Tradingview.com Featured image from Finbold, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":596166,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[92559],"tags":[83668,89178,84473,83667,89157,86437],"class_list":["post-596154","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-shiba-inu-coin","tag-shib","tag-shib-news","tag-shib-price","tag-shiba-inu","tag-shiba-inu-news","tag-shiba-inu-price"],"acf":[],"yoast_head":"\nShiba Inu Blasts Into Top 10 Crypto Following 175% Price Surge<\/title>\n<meta name=\"description\" content=\"Meme coins, particularly Shiba Inu, have reaped significant 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During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott"],"url":"https:\/\/wncen.com\/author\/mathersonscott1\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Shiba Inu Blasts Into Top 10 Crypto Following 175% Price Surge","url":"http:\/\/wncen.com\/news\/shiba-inu-coin\/shiba-inu-blasts-into-top-10\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/shiba-inu-coin\/shiba-inu-blasts-into-top-10\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/03\/Shiba-Inu.jpeg?resize=200%2C176","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/03\/Shiba-Inu.jpeg?fit=287%2C176"},"articleSection":"Shiba Inu Coin","author":[{"@type":"Person","name":"Scott Matherson"}],"creator":["Scott Matherson"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["shib","shib news","shib price","shiba inu","shiba inu news","shiba inu price"],"dateCreated":"2024-03-04T14:00:46Z","datePublished":"2024-03-04T14:00:46Z","dateModified":"2024-06-11T07:55:49Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Shiba Inu Blasts Into Top 10 Crypto Following 175% Price Surge\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/shiba-inu-coin\\\/shiba-inu-blasts-into-top-10\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/shiba-inu-coin\\\/shiba-inu-blasts-into-top-10\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/03\\\/Shiba-Inu.jpeg?resize=200%2C176\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/03\\\/Shiba-Inu.jpeg?fit=287%2C176\"},\"articleSection\":\"Shiba Inu Coin\",\"author\":[{\"@type\":\"Person\",\"name\":\"Scott Matherson\"}],\"creator\":[\"Scott Matherson\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"shib\",\"shib news\",\"shib price\",\"shiba inu\",\"shiba inu news\",\"shiba inu price\"],\"dateCreated\":\"2024-03-04T14:00:46Z\",\"datePublished\":\"2024-03-04T14:00:46Z\",\"dateModified\":\"2024-06-11T07:55:49Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/03\/Shiba-Inu.jpeg?fit=287%2C176","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/596154"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/594"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=596154"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/596154\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/596166"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=596154"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=596154"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=596154"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}