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Cryptocurrency News Articles

Shiba Inu (SHIB) Meme Rallies To Break The Top Ten

Nov 14, 2024 at 08:00 pm

Shiba Inu is up an astonishing 29% in the last 7 days to hit $0.0000259. This brings the Shiba Inu market cap above $15.3 billion and secures it a place in the coveted coin market cap top 10 crypto index. This could be the beginning of an insane run for Shiba Inu, which has a history of surprising to the upside with the strength of its bullish impulses.

Shiba Inu (SHIB) Meme Rallies To Break The Top Ten

Shiba Inu (SHIB) and Cardano (ADA) have both made impressive moves in the top ten this week, with SHIB meme coin rallying a massive 29% to hit 7 days of green candles.

Shiba Inu is now ranked 9th on CoinGecko, with the SHIB price 7 days of impressive gains. Starting the week at $0.0000201, SHIB has now climbed to $0.0000259. This marks an increase of 29% and brings the Shiba Inu market cap to over $15.3 billion.

Cardano has also had a great week, adding an incredible 78% to its market cap and rising to $0.58. Starting the week at $0.33, Cardano has risen up the rankings to reclaim its position at number nine.

Cardano’s involvement in upcoming crypto regulations is now heating up, with Charles Hoskinson setting up a new Cardano office in Washington, D.C., and news emerging that he will be helping the incoming Trump administration to draft more promising pro-crypto legislation in the next 12 months.

Cardano is now up over 7 days and looks set to continue rallying as hype around the Cardanoconut meme and upcoming regulations begin to spread through the crypto ecosystem.

Both SHIB and ADA holders have been rewarded for their recent conviction, while backers of the promising Rollblock (RBLK) presale have also been reaping the rewards this week.

Rollblock has pushed through resistance to make yet another new all-time high as its price reaches $0.035. Rollblock has a hard cap of a billion tokens and a revenue-sharing mechanism, which will ensure a falling supply over time. Each week, potentially millions of RBLK tokens will be removed from exchanges. Of these tokens, 60% will be burned immediately and the remaining 40% will be safeguarded for staking rewards.

News source:bravenewcoin.com

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