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Shiba Inu price

Shiba Inu coin priceSHIB

Listed
Buy
$0.{4}1268USD
+0.61%1D
The Shiba Inu coin (SHIB) price in United States Dollar is $0.{4}1268 USD as of 22:53 (UTC) today.
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Price chart
Shiba Inu coin price USD live chart (SHIB/USD)
Last updated as of 2025-10-03 22:53:16(UTC+0)

Live Shiba Inu coin price today in USD

The live Shiba Inu coin price today is $0.{4}1268 USD, with a current market cap of $7.47B. The Shiba Inu coin price is up by 0.61% in the last 24 hours, and the 24-hour trading volume is $230.18M. The SHIB/USD (Shiba Inu coin to USD) conversion rate is updated in real time.
How much is 1 Shiba Inu coin worth in United States Dollar?
As of now, the Shiba Inu coin (SHIB) price in United States Dollar is valued at $0.{4}1268 USD. You can buy 1SHIB for $0.{4}1268 now, you can buy 788,394.8 SHIB for $10 now. In the last 24 hours, the highest SHIB to USD price is $0.{4}1286 USD, and the lowest SHIB to USD price is $0.{4}1237 USD.

Do you think the price of Shiba Inu coin will rise or fall today?

Total votes:
Rise
0
Fall
0
Voting data updates every 24 hours. It reflects community predictions on Shiba Inu coin's price trend and should not be considered investment advice.

Shiba Inu market Info

Price performance (24h)
24h
24h low $024h high $0
All-time high:
$0.{4}8845
Price change (24h):
+0.61%
Price change (7D):
+6.47%
Price change (1Y):
-20.93%
Market ranking:
#22
Market cap:
$7,473,994,105.62
Fully diluted market cap:
$7,473,994,105.62
Volume (24h):
$230,181,553.5
Circulating supply:
589.25T SHIB
Max supply:
--

About Shiba Inu coin (SHIB)

What Is Shiba Inu?

Shiba Inu (SHIB) is a meme coin. Launched in August 2020, Shiba Inu was introduced to the crypto world by an anonymous person or group known as "Ryoshi”. Named after a breed of Japanese dog that has become a popular online meme, Shiba Inu is one of many tokens that have been described as a "meme coin," similar to Dogecoin. Despite its meme-inspired origins, Shiba Inu has rapidly gained traction and is recognized for its value, growth, and engaging community.

While the details surrounding the origins remain mysterious, the vision of Shiba Inu was clear from the outset – to create a fully decentralized and vibrant ecosystem within the Ethereum blockchain, which fosters a sense of community and offers more than just a digital asset.

Inspired by Dogecoin but looking to surpass it in terms of utility, Shiba Inu came into existence with the intention of being more than a fun meme cryptocurrency. It has been designed with an ecosystem that includes ShibaSwap, its own decentralized exchange.

Resources

Whitepaper: https://github.com/shytoshikusama/woofwoofpaper/raw/main/SHIBA_INU_WOOF_WOOF.pdf

Official website: https://www.shibatoken.com/

How Does Shiba Inu Work?

Shiba Inu was designed to be a self-regulating community. The token's creator, known only as "Ryoshi," began with a supply of one quadrillion SHIB. 50% of the total supply was locked into Uniswap, a decentralized finance protocol used for exchanging cryptocurrencies. The remaining 50% was sent to Ethereum co-founder Vitalik Buterin as a burn gesture.

Shiba Inu is an ERC-20 token, which means it abides by the set of protocols established for tokens on the Ethereum blockchain. This gives it the advantage of being interoperable with a vast range of services that also use the Ethereum network.

Shiba Inu can be obtained by mining, buying on crypto exchanges like Bitget and Coinbase, or through decentralized trading platforms like Uniswap. It is also possible to earn SHIB by providing liquidity on DeFi platforms.

ShibaSwap, the native decentralized exchange of Shiba Inu, offers additional ways to interact with the token. It allows holders to stake their SHIB tokens and earn rewards, as well as swap tokens and participate in yield farming.

Rise to Popularity

Shiba Inu gained a quick rise to fame in May 2021 when Ethereum co-founder, Vitalik Buterin, received half of SHIB's total supply from the developers as a part of a burn mechanism. He donated a significant portion of it to a Covid-19 relief fund for India, garnering massive media attention for Shiba Inu.

While its meme origins and association with Dogecoin have certainly contributed to its rise, Shiba Inu also owes much of its success to the wider cryptocurrency bull run, which has seen a resurgence of interest in altcoins. The robust community behind it, the so-called "Shiba Army," also plays a critical role in popularizing and developing the Shiba Inu project.

In early March 2023, Shiba Inu Layer-2 network, Shibarium is in public beta testing phase.

What Determines Shiba Inu's Price?

Understanding the factors that influence the Shiba Inu coin price is crucial for both seasoned investors and newcomers in the cryptocurrency market. Often touted as the "Dogecoin killer," Shiba Inu is an Ethereum-based ERC-20 token that has garnered significant attention, partly due to its vibrant community known as the SHIBArmy. One of the most compelling aspects of Shiba Inu's value is its community-driven approach.

Unlike traditional assets, the Shiba Inu cryptocurrency price is largely influenced by its strong and active community, social media trends, and high-profile endorsements—such as tweets from Elon Musk. This community backing acts as a double-edged sword; while it can pump the current price of Shiba Inu to staggering highs today, it also makes the asset susceptible to dramatic falls. As a result, making a Shiba Inu price prediction becomes a challenging task.

The Shiba Inu market cap has seen astronomical gains, peaking at a staggering market capitalization of $41 billion in October 2021. However, it's essential to note that Shiba Inu's price history is marked by extreme volatility, a common trait among meme coins. The Shiba Inu price chart often reflects frenetic trading activity rather than intrinsic utility, making it a high-risk, high-reward Shiba Inu investment.

Another key factor affecting the Shiba Inu coin price is its total supply and the token burning mechanism. Initially, Shiba Inu had a total supply of 1 quadrillion tokens. A significant portion of these tokens were burned, permanently removed from circulation, potentially driving up the Shiba Inu coin value.

Shiba Inu's ecosystem also includes other tokens like Leash and Bone, as well as platforms like ShibaSwap, a decentralized exchange that adds utility to the Shiba Inu cryptocurrency. The exchange allows users to trade, stake, and participate in yield farming, offering multiple avenues for potential returns. With Shiba Inu price live updates available on various exchanges and its integration into different blockchain projects, the current Shiba Inu price in USD, INR, GBP, or EUR is readily accessible, making it easier for global investors to jump in.

However, the question "Is Shiba Inu a good investment?" doesn't have a straightforward answer due to its speculative nature. Investment in Shiba Inu should be considered carefully, keeping in mind the asset's volatility and ever-changing market trends.

The Shiba Inu price is determined by a complex interplay of factors including community support, celebrity endorsements, tokenomics, and its ecosystem's utility. While the Shiba Inu price forecast remains highly unpredictable, understanding these factors can offer valuable insights for both short-term traders and those considering long-term Shiba Inu investment strategies.

Conclusion

Shiba Inu has quickly risen to prominence in the crowded world of cryptocurrencies. Its origin as a meme coin might have fueled its initial popularity, but its underlying technology and the development of a robust ecosystem that includes its own decentralized exchange, ShibaSwap, have given it substance beyond the meme.

It's important to note that like any other cryptocurrencies, Shiba Inu carries its own risks and it's always wise to do your own research and exercise caution while investing.

Show more

Shiba Inu coin Price history (USD)

The price of Shiba Inu coin is -20.93% over the last year. The highest price of SHIB in USD in the last year was $0.{4}3329 and the lowest price of SHIB in USD in the last year was $0.{4}1010.
TimePrice change (%)Price change (%)Lowest priceThe lowest price of {0} in the corresponding time period.Highest price Highest price
24h+0.61%$0.{4}1237$0.{4}1286
7d+6.47%$0.{4}1157$0.{4}1286
30d+1.46%$0.{4}1153$0.{4}1482
90d+10.77%$0.{4}1138$0.{4}1596
1y-20.93%$0.{4}1010$0.{4}3329
All-time+786522.70%$0.{10}8165(2020-09-01, 5 years ago)$0.{4}8845(2021-10-28, 3 years ago)
Shiba Inu coin price historical data (all time)

What is the highest price of Shiba Inu coin?

The SHIB all-time high (ATH) in USD was $0.{4}8845, recorded on 2021-10-28. Compared to the Shiba Inu coin ATH, the current Shiba Inu coin price is down by 85.66%.

What is the lowest price of Shiba Inu coin?

The SHIB all-time low (ATL) in USD was $0.{10}8165, recorded on 2020-09-01. Compared to the Shiba Inu coin ATL, the current Shiba Inu coin price is up 15535249.16%.

Shiba Inu coin price prediction

When is a good time to buy SHIB? Should I buy or sell SHIB now?

When deciding whether to buy or sell SHIB, you must first consider your own trading strategy. The trading activity of long-term traders and short-term traders will also be different. The Bitget SHIB technical analysis can provide you with a reference for trading.
According to the SHIB 4h technical analysis, the trading signal is Strong buy.
According to the SHIB 1d technical analysis, the trading signal is Buy.
According to the SHIB 1w technical analysis, the trading signal is Sell.

What will the price of SHIB be in 2026?

Based on SHIB's historical price performance prediction model, the price of SHIB is projected to reach $0.{4}1210 in 2026.

What will the price of SHIB be in 2031?

In 2031, the SHIB price is expected to change by +15.00%. By the end of 2031, the SHIB price is projected to reach $0.{4}2368, with a cumulative ROI of +86.95%.

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FAQ

What is the current price of Shiba Inu coin?

The live price of Shiba Inu coin is $0 per (SHIB/USD) with a current market cap of $7,473,994,105.62 USD. Shiba Inu coin's value undergoes frequent fluctuations due to the continuous 24/7 activity in the crypto market. Shiba Inu coin's current price in real-time and its historical data is available on Bitget.

What is the 24 hour trading volume of Shiba Inu coin?

Over the last 24 hours, the trading volume of Shiba Inu coin is $230.18M.

What is the all-time high of Shiba Inu coin?

The all-time high of Shiba Inu coin is $0.{4}8845. This all-time high is highest price for Shiba Inu coin since it was launched.

Can I buy Shiba Inu coin on Bitget?

Yes, Shiba Inu coin is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy Shiba Inu coin guide.

Can I get a steady income from investing in Shiba Inu coin?

Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

Where can I buy Shiba Inu coin with the lowest fee?

Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders. You can trade on the Bitget exchange.

Where can I buy Shiba Inu coin (SHIB)?

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SHIB/USD price calculator

SHIB
USD
1 SHIB = 0.{4}1268 USD. The current price of converting 1 Shiba Inu coin (SHIB) to USD is 0.{4}1268. Rate is for reference only. Updated just now.
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SHIB resources

Shiba Inu coin ratings
4.5
107 ratings
Contracts:
0x95ad...b64c4ce(Base)
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ℂ𝕣𝕪𝕡𝕥𝕠-𝕜𝕚𝕟𝕘
ℂ𝕣𝕪𝕡𝕥𝕠-𝕜𝕚𝕟𝕘
3h
🚀 DoubleZero ($2Z) – Massive Price Surge Explained in Simple Words.
🚀 DoubleZero ($2Z) – Massive Price Surge Explained in Simple Words The crypto market has been buzzing with DoubleZero ($2Z) after its sudden and massive price surge. But is this the start of something big, or just temporary hype? Let’s break it down step by step. ❍ What is DoubleZero? DoubleZero is a newly listed crypto token that gained attention due to its rapid growth. Unlike many meme coins, it: ✅ Has a fixed maximum supply ✅ Shows circulating supply transparency ✅ Positions itself as a structured project, not just a joke token This makes it look more like a serious project — though the sudden price pump raises questions about its long-term potential. ❍ Why Did the Price Surge? The main driver is FOMO (Fear of Missing Out). When a new coin launches, traders rush to buy quickly. More buyers than sellers = price jumps fast 🚀 Social media hype, memes, and online chatter add fuel to the fire. ❍ Is It a Good Sign? ✅ The surge shows strong interest and puts $2Z on the radar of traders, analysts, and the media. ✅ Rapid market cap growth creates visibility that can help the project grow further. But visibility alone doesn’t guarantee sustainability. ❍ Risks Behind the Surge ⚠️ Tokens that rise thousands of % in hours can also drop just as fast. Early buyers often take profits → selling pressure → price crash. Without a strong use case or roadmap, it risks becoming just another pump-and-dump. ❍ What Should Investors Do? Before jumping in, always ask these key questions: 1️⃣ Does $2Z have a clear roadmap? 2️⃣ Who are the developers? Are they credible? 3️⃣ Does the token solve a real problem, or is it just hype? 4️⃣ Is the community strong and growing naturally? 🔑 Research is everything. Never invest blindly. Only use money you can afford to lose. ❍ Lessons from Other Tokens Dogecoin → started as a meme, survived because of community + Elon Musk’s support. Shiba Inu → grew fast on hype but still struggles with utility. Many other meme coins → pumped hard, then disappeared. 👉 DoubleZero could become the next big player — or just fade away like many before it. ❍ Final Thoughts The $2Z surge is exciting but risky. It signals strong momentum but also carries the danger of a sharp pullback. The smart move is to: ✔️ Stay calm ✔️ Do your own research ✔️ Invest based on facts, not emotions Crypto can change lives 🌍💡 — but only if you invest wisely. 🔥 Question for you: Do you see $2Z as the next big project, or just another hype cycle? $2Z
DOGE-0.99%
SHIB+0.47%
Mails
Mails
8h
Dogecoin Price Prediction: Key Support Holds and Favors Push to $0.45
Key Points: New Dogecoin ETF surpasses $20 million in assets. Investors’ sentiment picked up after last week’s scare. $DOGE eyes move to $0.45 after key support bounce. Trading volumes in the past 24 hours have jumped by 15.4% for Dogecoin (DOGE) as the token booked a 5% gain. The market has been recovering from its latest pullback, and $DOGE bounced strongly off a key support area, a move that favors a bullish Dogecoin price prediction. The launch of the REX-Osprey Dogecoin ETF (DOJE) can be considered a landmark moment for meme coins as a whole, as this entire category went from mere internet jokes to taking over Wall Street by storm. REX-Osprey Dogecoin ETF (DOJE) Data – Source: REX-Osprey Official Website The vehicle has already attracted $20 million in assets just a couple of weeks after it hit the trading floor. Although that’s nothing compared to the nearly $400 million the recently-launched Solana ETF has brought in, buying interest could progressively grows as the public becomes more aware of the potential of this entire segment. In the past 7 days, DOGE has outperformed its closest contenders, Shiba Inu (SHIB) and Pepe (PEPE), with an 11.4% gain. None of these two has been tapped by asset management firms to get their own ETF. Hence, Dogecoin’s outlook is much more promising compared to others, except perhaps for Pudgy Penguins ($PENGU ), whose ETF listing could soon be approved as well. Market Sentiment Has Picked Up and Altcoin Season Keeps Going Macroeconomic conditions favor a bullish outlook for meme coins as a whole, as the Federal Reserve is expected to cut rates for a second time this year. Lower rates push market participants to more exotic corners of the financial, world like cryptocurrencies, as they need to chase higher yields wherever they are. Dogecoin has no utility and offers no opportunities to earn passive income as its blockchain operates through a proof-of-work (PoW) mechanism. Nonetheless, the gains that this token has experienced in the past few years are probably good enough to sway some institutional players along the way. Altcoin season has officially kicked off, with both Ethereum ($ETH ) and $BNB Coin (BNB) already making new all-time highs. If Dogecoin ($DOGE ), the 8th largest cryptocurrency by market cap, starts to play catch-up with these two, the token could deliver some attractive gains in the near term. Market sentiment has improved as a result of the latest bounce. The Fear and Greed Index jumped from a 30-day low of 34 (Fear) to 52 now, meaning that investors are now more inclined to take some risks. DOGE Could Deliver an 80% Gain If It Breaks Through This Resistance Tomorrow’s employment data could further boost crypto valuations if non-farm payrolls deliver no surprises, as it would confirm analysts’ view of a second rate cut in October. Meanwhile, the daily chart for DOGE shows an encouraging bounce off a key trend line support that is in confluence with the 200-day exponential moving average (EMA). This increases the relevance of the $0.22 area from a technical standpoint and makes it the key support to watch in case of a pullback. For now, the price is nearing a major supply area at $0.27. DOGE has retreated three times already after tagging this price zone. Hence, if bulls manage to break through the selling and push DOGE above $0.30, we could witness a strong rally that pushes the top meme coin to at least $0.45 in the near term. This translates into an 80% upside potential if bullish momentum picks up its pace. After briefly dropping below the mid-line, the Relative Strength Index (RSI) has now moved above the 14-day moving average, which is often considered a buy signal. DOGE is clearly on the move, and it could soon take off based on these technical readings.
DOGE-0.99%
ETH+0.97%
Mails
Mails
9h
Altcoin Season 2025 Will Be Bigger Than 2021 – Here’s Why
Story Highlights TOTAL3 index forms textbook Cup & Handle, signaling potential altcoin market breakout soon. Altcoin market cap could surge to $4.37 trillion, nearly 290% gain from current levels. Solana, Dogecoin, and other major altcoins poised for 3–5x rallies during upcoming altcoin season. The crypto market is showing signs of a major shift toward altcoins, with charts hinting at the start of a possible “altcoin season.” A leading crypto analyst, Trader Tardigrade, highlights the TOTAL3 index, which tracks altcoins excluding Bitcoin and Ethereum, forming one of the clearest bullish setups in years. If confirmed, it could push the altcoin market cap to $4.37 trillion, a nearly 290% surge. This Classic Chart Pattern Could Trigger Altcoin Season According to the Trader Tardigrade, the weekly TOTAL3 chart is showing a textbook “Cup & Handle” pattern, one of the clearest bullish setups in years. This pattern usually shows the market may rise after a pause. The cup formed over several years, starting from the 2021 highs around $1.13 trillion, dropping to the 2023 bear market low of $0.287 trillion, and then climbing back to the 2024 highs near $1.16 trillion. Now, in 2025, the handle is forming just below key resistance, setting up a potential breakout. If the breakout happens, the altcoin market could surge to $4.37 trillion, a nearly 290% increase from current levels. Such growth would indicate a strong altcoin season, where altcoins as a group could outperform Bitcoin and Ethereum. Bitcoin Dominance Drops, Capital Rotates to Altcoins One of the clearest signals for the altcoin season is Bitcoin’s dominance falling below 59%, showing that investors are moving capital from Bitcoin into altcoins. While Bitcoin stays strong above $120,000, smaller crypto projects are attracting more attention and liquidity. Analysts also note that the altcoin market has been in an unusually long accumulation phase, longer than before the 2017 and 2021 altcoin seasons. Top Coins Poised For Rally According to Tardigrade, some leading altcoins, including $SOL , $XRP , $ADA , $DOGE , $SHIB , $ETC , are likely to benefit the most from this rally. Meanwhile, Solana (SOL), trading around $231, could lead the major coins, with a potential rise toward $1,000 if momentum and ecosystem growth continue. Dogecoin (DOGE), at $0.253, may trigger retail-driven rallies, possibly reaching $1.50 during a peak altcoin cycle. On top of it, smaller and mid-cap altcoins could see 3–5x gains, echoing historical patterns where capital shifts from Bitcoin and Ethereum into altcoins during market surges.
BTC+1.61%
DOGE-0.99%
MAbbas786
MAbbas786
11h
Bitcoin bulls defend $120,000 despite $14.7 billion liquidation riskEthereum faces $969 million expi
Bitcoin bulls defend $120,000 despite $14.7 billion liquidation riskEthereum faces $969 million expiry as $4,200 anchor holdsRipple director unveils XRP privacy roadmap for 2026Chart of the day: Shiba Inu's October setup points to 11% upsideEvening outlook Advertisement Friday’s crypto market opens on a knife's edge. Bitcoin's price is at $120,091, up 1.2%, and the total market capitalization is close to $2.7 trillion.One thing to watch today is the Deribit expiry of $3.35 billions in BTC contracts. These contracts could reach a maximum pain zone of $115,000. With all that leverage, strong inflows and expiry pressure, it is set to be a volatile start to U.S. trading.Bitcoin bulls defend $120,000 despite $14.7 billion liquidation riskBitcoin is holding strong at over $120,000, which is now acting like a support level, both emotionally and technically. Expiry flows are focused on $115,000, with dealers keeping an eye on whether the price moves closer to that before expiration. HOT Stories $14.7 Billion Bitcoin Longs at Risk as Price Holds $120,000, Ripple Reveals XRP Privacy Roadmap, Shiba Inu (SHIB) Targets 11% October Rally: Morning Crypto Market Report Vitalik Buterin Slams ETH Backer Peter Thiel Crypto Market Prediction: XRP Ready for $3, Bitcoin (BTC) Can't Handle It, Is Shiba Inu (SHIB) Ready for $0.00002? 'Everything's on Ice': Top Expert Weighs In on ETF Delays If the bulls hold $118,000-$120,000, we could see upside open toward $122,000-$125,000 into the weekend. Failure, though, could lead to a chain reaction of liquidations. CoinGlass maps show the scale: if BTC drops to $106,500, it would wipe out nearly $15 billion in long positions. Advertisement The market is split between leverage pressure and real demand. While futures positioning is overextended, spot flows remain strong. This is a classic setup for mega squeezes in either direction once expiry clears.Ethereum faces $969 million expiry as $4,200 anchor holdsMeanwhile, Ethereum is selling for $4,460, on its way to $4,500, as the market gets more and more volatile. Deribit's option concentration sits at $4,200, which is right around what a lot of dealers think ETH will end up at.Above $4,500, the upside opens to $4,700-$4,800. But there is a lot of risk involved in liquidating these holdings. CoinGlass shows that if the price dips to $3,880, there are $10.2 billion in ETH longs that would be exposed. So, if the price drops below $4,171, it could speed up that slide, sending ETH below $4,000.ETFs are still supporting ETH's base, but the short-term drivers are expiry dynamics and Bitcoin's direction. If BTC loses its footing, ETH could unwind faster because of its leverage load.Ripple director unveils XRP privacy roadmap for 2026J. Ayo Akinyele, Ripple's Senior Director of Engineering, shared a bold plan to integrate native privacy features into the XRP Ledger by 2026.The roadmap introduces confidential multi-purpose tokens (MPTs), secure enclaves to prevent frontrunning, and zero-knowledge proofs to allow compliance without revealing sensitive data. “Without privacy, financial institutions cannot safely use public ledgers. Without accountability, regulators cannot sign off. With programmable privacy, we can have both.” https://t.co/fo83mCmhCWMeet J. Ayo Akinyele @ja_akinyele, cryptographer and RippleX Senior Director of…— RippleX (@RippleXDev) October 2, 2025 As Akinyele points out, privacy is not secrecy for bad actors but the same baseline protection that underpins traditional banking.By adding these tools to XRPL, Ripple aims to position XRP as the first public ledger combining transparency and institutional-grade confidentiality. With trillions in assets expected to move on-chain, programmable privacy is key to DeFi adoption.Chart of the day: Shiba Inu's October setup points to 11% upsideShiba Inu (SHIB) is stable at $0.00001244, just above the low it hit in September. The chart is interesting for two reasons: a tight Bollinger squeeze to $0.00001410, and October's impact on SHIB's price.In 2021, October was the month in which SHIB exploded +833% and made its way into the global top 10. In 2023, it had a modest gain of +6.04%, and in 2024 it still found room for +2.46% despite a stagnant backdrop. If you add it all up, October looks less like a coincidence and more like the meme coin's unofficial earnings season.SHIB/USD by TradingViewThe setup today is cleaner: liquidity is concentrated between $0.00001200 and $0.00001410, leaving little middle ground. Either SHIB surges and brings meme coin traders back into the mix, or it dips below support and October's narrative implodes before it even starts. For a token based on feelings, the season might matter as much as any chart pattern.Evening outlookAs for the evening outlook, everyone is keeping an eye on Bitcoin's price, which is in the range of $118,000 to $120,000. A strong defense keeps the Uptober narrative alive, but if it dips below $118K, we might see a rush to the $115K pain zone.Ethereum's short-term future depends on $4,200. If it holds, ETH could go up to around $4,500-$4,700. But if it drops, the main altcoin might dip down to $3,900.Altcoins are still pretty selective. PancakeSwap (CAKE) is up 28%, ETHFI is up 14% and meme coins and privacy narratives are all over the headlines. With the SEC in limbo because of the shutdown, the focus is on BTC and ETH's expiry, SHIB's October setup and Ripple's XRP privacy push. $BTC $ETH
BTC+1.61%
CAKE+18.30%
Dejjavu
Dejjavu
5h
DOUBLEZERO PRICE SURGE: WHAT DOES IT MEAN FOR INVESTORS
THE COIN EXPERIENCED A MASSIVE PRICE SURGE IN A VERY SHORT TIME, MAKING INVESTORS AND OBSERVERS WONDER IF IT IS THE BEGINNING OF SOMETHING BIG OR JUST A TEMPORARY HYPE. LET US BREAK THIS DOWN IN SIMPLE LANGUAGE SO EVEN A BEGINNER CAN UNDERSTAND IT. WHAT IS DOUBLEZERO DOUBLEZERO IS A CRYPTO TOKEN THAT WAS LISTED RECENTLY AND GAINED ATTENTION DUE TO ITS RAPID PRICE GROWTH. IT IS DIFFERENT FROM MANY MEME COINS BECAUSE IT CLAIMS TO HAVE A STRUCTURED TOKEN SUPPLY, A CIRCULATING SUPPLY THAT IS KNOWN, AND A MAX SUPPLY THAT IS FIXED. THIS MAKES IT LOOK MORE LIKE A SERIOUS PROJECT RATHER THAN A RANDOM JOKE COIN. AT THE SAME TIME, THE SUDDEN PRICE SPIKE MAKES PEOPLE THINK ABOUT WHETHER IT IS REALLY A LONG TERM INVESTMENT OR JUST ANOTHER SHORT TERM PLAY. WHY DID THE PRICE SURGE THE MAIN REASON THE PRICE OF DOUBLEZERO SURGED IS BECAUSE OF DEMAND CREATED BY TRADERS AND SPECULATORS. WHEN A NEW COIN IS LISTED AND PEOPLE HEAR ABOUT IT, MANY RUSH TO BUY IT OUT OF FEAR OF MISSING OUT. THIS IS COMMONLY CALLED FOMO. WHEN MORE PEOPLE BUY THAN SELL, THE PRICE JUMPS FAST 🚀. SOCIAL MEDIA HYPE ALSO PLAYS A ROLE. POSTS, MEMES, AND ONLINE COMMUNITIES CAN PUSH MANY NEW INVESTORS TO BUY WITHOUT FULLY UNDERSTANDING THE PROJECT. IS IT A GOOD SIGN ON ONE HAND, A SURGE IN PRICE CAN BE A GOOD SIGN. IT SHOWS THAT PEOPLE ARE PAYING ATTENTION AND THAT THERE IS STRONG INTEREST. A MARKET CAP THAT REACHES BILLIONS WITHIN A SHORT TIME IS NOT EASY TO IGNORE. IT PUTS DOUBLEZERO ON THE MAP AND ATTRACTS MORE DISCUSSIONS FROM ANALYSTS, TRADERS, AND MEDIA OUTLETS 📈. THIS KIND OF VISIBILITY CAN SOMETIMES HELP A PROJECT GROW FURTHER. RISKS BEHIND THE SURGE HOWEVER, INVESTORS MUST REMEMBER THAT FAST SURGES COME WITH BIG RISKS ⚠️. A TOKEN THAT RISES SIX THOUSAND PERCENT IN ONE DAY CAN ALSO FALL VERY FAST. THIS IS BECAUSE MANY PEOPLE WHO BOUGHT EARLY MAY START SELLING TO TAKE PROFITS. WHEN THEY SELL, THE PRICE DROPS. ALSO, IF THE TOKEN HAS LITTLE OR NO REAL USE CASE, THE SURGE MAY NOT LAST LONG. IT BECOMES JUST A PUMP AND DUMP. MEME COINS HAVE DONE THIS MANY TIMES, MAKING SOME PEOPLE RICH AND LEAVING OTHERS WITH LOSSES. WHAT INVESTORS SHOULD DO FOR NEW INVESTORS, THE BEST STEP IS NOT TO FOLLOW THE HYPE BLINDLY. BEFORE BUYING DOUBLEZERO OR ANY NEW TOKEN, IT IS IMPORTANT TO ASK QUESTIONS LIKE: 1. DOES THE PROJECT HAVE A CLEAR ROADMAP. 2. WHO ARE THE DEVELOPERS AND WHAT IS THEIR HISTORY. 3. DOES THE TOKEN HAVE A REAL USE CASE OR IS IT JUST BASED ON MEMES. 4. HOW STRONG IS THE COMMUNITY AND IS IT GROWING ORGANICALLY. RESEARCH IS KEY 🔑. INVESTING BASED ONLY ON HYPE CAN BE VERY DANGEROUS. IT IS BETTER TO INVEST MONEY THAT YOU CAN AFFORD TO LOSE. THIS WAY, EVEN IF THE TOKEN CRASHES, IT WILL NOT LEAVE YOU IN SERIOUS FINANCIAL TROUBLE. LESSONS FROM OTHER TOKENS LOOKING AT OTHER TOKENS CAN TEACH US LESSONS. DOGECOIN STARTED AS A JOKE BUT GREW BIG BECAUSE OF COMMUNITY SUPPORT AND CELEBRITY ATTENTION. SHIBA INU ALSO GREW FAST BECAUSE OF ONLINE HYPE. HOWEVER, MANY OTHER MEME COINS SURGED AND THEN VANISHED COMPLETELY. THIS SHOWS THAT NOT ALL PRICE SURGES TURN INTO SUCCESS STORIES. DOUBLEZERO COULD BE THE NEXT BIG NAME OR IT COULD BE ONE OF THOSE THAT FADE AWAY THE PRICE SURGE OF DOUBLEZERO IS BOTH EXCITING AND RISKY. IT BRINGS HOPE THAT THE PROJECT MAY BECOME SOMETHING SERIOUS, BUT IT ALSO RAISES FEARS OF A POSSIBLE CRASH. FOR INVESTORS, THE BEST APPROACH IS TO STAY CALM, STUDY THE PROJECT, AND MAKE DECISIONS BASED ON FACTS AND NOT JUST EMOTIONS. CRYPTO CAN CHANGE LIVES BUT IT CAN ALSO BE VERY UNPREDICTABLE. ALWAYS INVEST WISELY, STAY INFORMED, AND NEVER RUSH BECAUSE OF $HYPE 🌍💡. $2Z
DOGE-0.99%
HYPE-1.57%

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