Shiba Inu (SHIB) Surges 17%: Musk's Dogecoin Spillover, Lead Developer Buzz And More Factors

Shiba Inu (SHIB) shot up 17.3% over 24 hours to $0.0000096 at press time in the early hours of Wednesday morning.  It gained alongside well-known meme coins including bellwether Dogecoin (CRYPTO: DOGE), which was up 6.1%.

Timeline of Dogecoin, Shiba-inu

Protecting your portfolio from the bear market is now as important as ever. Especially as we might be heading into a global recession (something the crypto world hasn't experienced yet). After all, much of the market has been in turmoil in recent weeks, so making sure your portfolio has been diversified into the absolute best …

Tesla and Spacex CEO Elon Musk has shared his views on a variety of topics, including crypto investing, why he supports the meme cryptocurrency dogecoin, “unresolved matters” in his Twitter takeover bid, and the likelihood of a near-term U.S. recession. Elon Musk on Crypto Investing Tesla CEO Elon Musk shared his thoughts on a wide

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Post the altcoin's early April decline below the basis line (green) of the Bollinger Bands (BB), Shiba Inu's [SHIB] has been heading south.

The pseudonymous lead developer of the meme-inspired cryptocurrency Shiba Inu ($SHIB), Shytoshi Kusama has revealed that the ongoing cryptocurrency bear market is an opportunity to “buy or born” the meme-inspired cryptocurrency. In a thread shared on Twitter with his over 820,000 followers, Kusama noted that even though “market conditions are tough” it's “amazing to see”

Billy Markus, co-creator of Dogecoin (CRYPTO: DOGE), doesn't expect the meme coin to reclaim its previous all-time high.  What Happened: In a tweet on Monday, Markus said DOGE may never hit $0.74 again.

Dogecoin (CRYPTO: DOGE) was surging more than 11% higher on Tuesday after consolidating with an inside bar on Monday. The consolidation, paired with Dogecoin's 18% rise on Sunday has set the crypto into an uptrend pattern on the daily chart.

Shiba Inu price analysis shows a bullish trend for today. The digital asset is currently trading at $0.00001063 and shows signs of a breakout from the descending triangle pattern it has been trading in the last few days.

SHIB was trading almost 15% higher during today's session, as its price approached a ten-day high. Its fellow meme coin, DOGE, was also in the green on Tuesday, with prices hitting their highest point since June 12. Shiba Inu (SHIB) SHIB was once again in the green on Tuesday, as it continued to move away

Tesla Inc. CEO Elon Musk has denied telling people to invest in crypto, but maintains he will continue to support Dogecoin. In an interview with Bloomberg TV on Tuesday, the SpaceX CEO also confirmed his companies bought and still hold Bitcoin, although these holdings make only a small part of the companies' total cash and The post Elon Musk says he ‘never said people should invest in crypto', vows support for Dogecoin appeared first on Invezz.

On Tuesday (June 21), Tesla and SpaceX CEO Elon Musk, who is the world's richest person with an estimated net worth of around $214 billion (as of 21 June 2022) according to Forbes, explained why he feels that the need to support meme-based cryptocurrency Dogecoin ($DOGE). Dogecoin was initially released on 6 December 2013, as a “fun