CoinCodex: Will Shiba Inu Reach $1?

Wednesday, 02 November 2022 15:18
Shiba Inu (SHIB) was one of the best-performing coins in 2021, and many expect it to become more valuable with time. But can Shiba Inu reach $1?
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Here's a quick breakdown of the biggest news stories and developments in the cryptocurrency sector for November 2, 2022.
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The LINK market saw its highest whale activity day in four months over the weekend as over 33 transactions exceeded a value of $1 million.
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Shortly after Elon musk acquired Twitter, the memecoin narrative took a positive turn, with Dogecoin (DOGE) surging to over 10% high. The billionaire's relationship with Dogecoin over the years has been positive for the cryptocurrency, and this occurrence further confirms that. While this price pump could be…
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Today's top gainer is Arweave with a +64.09% price increase. Bitcoin down by -0.53% in the last 24 hours. The coin of the day is Arweave. The total market cap decreased by -0.41%.
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Blockchain analytics platform Santiment says that one top-ten altcoin that has surged by triple digits over the past week possesses more upside potential. Santiment says that based on two indicators, search trends and social dominance, Dogecoin (DOGE) potentially has “room for more growth.” Starting with search trends,…
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Bitcoin, Ethereum, and the entire crypto market is often prone to price fluctuations. That’s why crypto investors must carefully monitor the market movement to avoid huge losses when prices are low. The crypto bear market could also be a time for long-term investors to leverage low prices…
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Binance’s BNB token has struggled to keep gains amidst a bearish-looking crypto market. The 4th largest crypto by market cap has kept over 15% profit in the last 7 days. This comes when other top tokens, including Bitcoin, struggle to trade in the green zone. As of…
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As the first and primary cryptocurrency to exist, Bitcoin has witnessed different reactions and predictions in the industry. Its advancement over the past years has been above the growth of conventional assets. However, the recent bearish trend in the crypto market this year created doubts about the…
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Positive price action has liquidated shorts left, right, and center. A short position gets liquidated, creating more buy pressure and increasing prices. The market wants to move.  Analysts expect Uniglo’s announcement of a colossal token burn to send the project into the top hundred easily. It is…
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