One of the most hyped news in crypto today is that Shiba Inu and Curve will be listed on Coinbase. The price surge was very sudden, too fast for any rational investor to catch it. Could this have been a flash-mob?
This morning, Bitcoin (BTC) experienced a slight dip in price after yet another round of FUD. Regardless, the top 20 coins saw huge moves this week with Shiba Inu jumping 200%, Curve seeing an exchange rate increase by over 80%. What’s going on?
The “Shiba Inu, Curve” is a cryptocurrency that has seen a green surge in the past day. This is due to the recent announcement of the Segwit2x hard fork.
With the value of Bitcoin and Ethereum lately reaching new highs, signs have started to surface that other cryptocurrencies are following in the footsteps of their more well-known counterparts in creating their own bull runs.
In prior altcoin seasons, tokens associated with a certain sector, such as meme coins or DeFi protocols, had their own green patch of greens; however, the story is shifting now, as accessible data reveals that tokens throughout the whole market are doing well.
Consider Shiba Inu and Curve: one is a joke currency whose value has skyrocketed in the past seven days, while the other is a decentralized exchange for stablecoins that has lately seen its price performance improve.
Within the previous 24 hours, SHIB
In terms of price performance and popularity, the famous meme currency, which was launched last year, has had a historic year. Its value has increased by nearly 300 percent in the previous 30 days, making it one of the top gainers during that time.
We recently announced that its trading volume has surpassed that of Ethereum, making it the third most traded crypto currency on several exchanges.
According to CoinMarketCap, the coin is presently trading at $0.000058 and is the eleventh biggest crypto asset by market capitalization. The “Doge Killer” value has climbed by about 40% in the previous 24 hours.
On a green run, you may also curve.
Curve, which is known for being a decentralized exchange for stablecoins, has had its native token, CRV, do well in the market, albeit it has regained the gains it earned over the weekend as of press time.
CRV’s value increased by more than 30% to $5.14 during the weekend. However, after losing 10% of its value, it is presently selling at $4.44.
Regardless, the DEX token’s price gain might be attributed to a number of recent developments, such as collaborations and integration into multiple crypto ecosystems.
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The “shiba inu update” is a cryptocurrency that has seen a surge of green in the past day. The Shiba Inu coin saw a price spike from $0.01 to $0.05, which was an increase of 2,000%.
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