Shiba Inu in danger of ‘topping signal’ as SHIB price loses 50% in 3 weeks
Meme-cryptocurrency Shiba Inu (SHIB) has lost more than 50% of its market valuation in three weeks since its all-time highs in late October. SHIB’s price dropped to as low as $0.00004251 on Nov. 19 after correcting by almost 55% from its all-time high of $0.00008854. Its price recovered a small portion of its losses on […]
Dogecoin jumps 44% in one day as traders rotate Shiba Inu profits into DOGE
Dogecoin (DOGE) soared on Oct. 28 amid massive capital rotations out of its top meme coin rival’s market, Shiba Inu (SHIB). Notably, DOGE’s price rallied by a little over 44% to reach its intraday high of $0.3449. Its gains appeared in contrast to SHIB’s losses in the same period. On the other hand, the so-called […]
Shiba Inu could surpass Dogecoin after a 700% SHIB price rally in October
Shiba Inu (SHIB) continued its march upward on Oct. 27, with its price hitting a record high of nearly $0.000060 before correcting lower. SHIB rallied by more than 25% to an all-time high of $0.00005959, crossing above its previous all-time high of 0.00005000, according to data from Binance. The latest move upside pushed the token’s […]
Dogecoin frenzy forces UK fund manager to offload $1.1 billion Bitcoin stash
United Kingdom-based fund manager Ruffer liquidated its $600M Bitcoin bet after growing nervous about the speculative frenzy in the cryptocurrency market, including huge rallies in meme-based tokens like Dogecoin (DOGE). The fund, which manages roughly $34 billion for wealthy clients and charities, started selling its cryptocurrency stash in December 2020, when the BTC/USD exchange rate […]
Dogecoin gets back to pre-crash prices as $16M in DOGE shorts get liquidated
Dogecoin (DOGE) prices jumped by nearly 40% on a 24-hour adjusted timeframe on Wednesday, shaking out more than $16 million worth of bearish leverage in just one hour while almost reclaiming its pre-crash high. Dogecoin derivatives market records massive liquidations on hourly timeframes. Source: ByBt.com Leveraged bearish traders caught themselves on the wrong side of […]