Crypto Update 😁

Shiba Inu’s market capitalization has eclipsed $12 billion

Shiba Inu (SHIB), a cryptocurrency inspired by the breed of hunting dog from Japan, has now entered into the top 15 biggest cryptocurrencies by market capitalization.

Shiba Inu has soared more than 300 percent in just a week, becoming the best-performing cryptocurrency amid exceptionally strong retail interest.

The uptrend escalated the bitter rivalry between the fans of Dogecoin and Shiba Inu.

Self-proclaimed Dogecoin millionaire Glauber Contessoto recently recalled that Ethereum co-founder Vitalik Buterin had donated part of the SHIB tokens that were gifted to him to India and then burned the rest.

Shiba Inu’s Market cap now rests at $9 billion

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We are proud to announce that we will be establishing a #PartnerSHIB with NowPayments.

@NOWPayments_io will onboard the #SHIB Trifecta $SHIB $LEASH $BONE, starting with $SHIB, BURNING :fire: a percentage on each transaction.

More details to follow #ShibArmy, stay tuned! WOOF! https://twitter.com/Shibtoken/status/1446182147350401033/video/1
:eyes::eyes::eyes:

Shiba Inu Coin To Burn 100 Trillion SHIB Token AND WILL HIT $1.00 SOON!! Shiba Inu Coin News Today

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Ethereum risks drop below $3.2K as ETH price faces heavy resistance
A confluence of at least three different bearish indicators appears on Ethereum’s multi-timeframe charts, suggesting that its ongoing bull run risks exhaustion.

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IS THIS THE BIGGEST ALTSEASON EVER? LAST CHANCE TO BUY THE DIP BEFORE TAKEOFF! October 9, 2021

Alt Season” is the part of the overarching cryptocurrency market cycle where many altcoins “moon” (go up quickly in price) against the dollar and Bitcoin at once (for example, late December 2017 – early January 2018). In general, altcoins tend to be in a perpetual state of bearishness or stagnation, either hovering in price or going down. Then, once in a while, an alt or two will catch an uptrend or epic run (generally a pump). However, every so often (like once or twice a……

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THE IMF AND ITS CRYPTO STANCE October 14, 2021

Its latest Global Financial Stability Report the IMF admits that cryptocurrencies have the potential to improve the global payment system. However, it is worried about the burgeoning interest in cryptocurrencies and feels that they contain risks for the global economy. According to the IMF report there are risks associated with the boom in cryptocurrency trading. It says that it is monitoring the situation closely but that the proliferation of cryptocurrencies “appear(s) contained for now”. Without any of the long-awaited regulation arriving in order to clarify an extremely……

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