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Long SHIB (Shiba Inu) or Short It? Why Not Both—If You Can Handle It

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Shiba Inu is one of the most versatile coins, be it in terms of its meme status or regarding its growing SHIB ecosystem. The token keeps attracting investors from all corners of the world, keenly exploring various investment positions that they think they can invest in for better profit prospects. Both long and short positions have delivered great profits to users, but what if an investor ends up playing both sides? Here’s a new SHIB hedge explained in detail to help make the most out of the coming altcoin season. Also Read: New Prediction Says $11,000 in Shiba Inu Could Turn $500,000 in 2030 Shiba Inu: Long and Short Positions Explained Source: Watcher.Guru Long and short positions in cryptocurrency refer to nuanced trading techniques. As BitStamp explains about opening short positions in an asset, this would simply mean earning a profit from an asset’s falling price. On the other hand, going long would refer to earning a profit from an asset’s rising price. Long positions ...

Which Flight Booking Platform Accepts Shiba Inu (SHIB) As Payment?

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Hundreds of businesses have accepted Shiba Inu as a form of payment along with the traditional methods of transactions. From spectacle stores in New York to dental supplies manufacturing in Michigan and burger joins in Colombia, SHIB is accepted almost across the globe. However, one popular website that deals with flight and ticket bookings accepts Shiba Inu and other cryptocurrencies as official payment methods. Also Read: SHIB Price Won’t Last Longer at This Level, Says Crypto Analyst This Flight Booking Website That Accepts Shiba Inu Image Source: Watcher Guru Vietnam’s leading flight, hotels, and activity booking website Travala accepts Shiba Inu and other cryptocurrencies as payments. The website has been accepting SHIB for close to three years now and users are paying through cryptocurrencies. One such user recently gave a 5-star review saying that crypto-friendly options are making the website’s experience much richer. Source: Travala.com “It’s amazing tha...

Shiba Inu: How Many SHIB Tokens Has Shibarium Burned Since Launch?

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The Shibarium layer-2 blockchain, running on the Ethereum network, was launched in August 2023. The sole purpose of the new network was to expand its utility and use cases by solving problems plaguing the decentralized landscape. While several projects run on the Shibarium network, it barely makes its price shoot up in the charts. Only the burns can help Shiba Inu scale up in the charts as Shibarium is seen as a SHIB burning mill. Also Read: XRP and Shiba Inu 2050 Forecast: Long-Term Crypto Price Prediction SHIB: Here’s the Official Shiba Inu Burn Count on Shibarium Source: thecoinrepublic.com The Shibarium network has burned a total of 1,151,381,964 (1.15 billion) SHIB tokens by the end of May 2025. The Shiba Inu burn rate is also up 5.12% since last week indicating an uptick in sending the tokens to the dead wallet. However, on a larger telescope, the burns are meager as 1.15 billion SHIB tokens are worth only $15,500 currently. Also Read: SHIB Price Prediction: $1K in Shiba Inu...

Can Shiba Inu Fulfil The 1 Cent Dream? Here's What Needs To Happen

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Shiba Inu (SHIB) fans and investors have long pursued the $0.01 price point. The SHIB community often calls this the “one-cent dream.” While SHIB has had an incredible journey over the last four years, the asset has struggled to gain momentum amid a market-wide lackluster performance. SHIB fans and community members continue to push the asset’s popularity and demand. Also Read: Shiba Inu: $1 Investment in 2020 is Worth This Much Today in 2025 How Can Shiba Inu Fulfil The 1 Cent Dream? Source: Watcher Guru One of the most significant barriers to SHIB’s price is its massive circulating supply. There are about 589 trillion SHIB tokens in circulation. If the asset hits the $0.01 price level with its current supply, the project’s market cap will rise to $5.89 trillion. This figure is highly unrealistic as it is larger than major tech companies such as Apple, Microsoft, Nvidia, etc. Also Read: Bitcoin Overtakes Amazon’s $2.1 Trillion Market Cap Once Again: Apple ...

Trader Says Dogecoin and Shiba Inu Rival Mirroring 2024 Pattern That Led to 370%+ Surge, Predicts 2x Rally

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A widely followed crypto analyst and trader is leaning bullish on a mid-cap Dogecoin (DOGE) and Shiba Inu (SHIB) competitor. Pseudonymous analyst Altcoin Sherpa tells his 244,900 followers on the social media platform X that Pepe (PEPE) memecoin is primed to go up by around 100% after undergoing consolidation and accumulation in a manner similar to 2024. “PEPE also went through a three-month accumulation/consolidation cycle in the late third quarter of 2024 and then had another run in December. It’s currently in the same exact region in the same consolidation. I expect PEPE to do a 2x or something from the bottom at a minimum.” Source: Altcoin Sherpa/X PEPE is trading at $0.00000884 at time of writing, up by around 23% over the past seven days. On what has replaced the altcoin seasons, the widely followed analyst says, “There are no more altcoin seasons, get that framing out of your head for now. Instead, you have one to three months of ...

Shiba Inu Price: Can SHIB Hit $0.0001 by 2030?

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Shiba Inu has emerged as one of the most watched cryptocurrencies in today’s market, and many investors are keeping a close eye on its price movements. At the time of writing, SHIB is trading at about $0.00001190, and there’s quite a bit of speculation around whether this popular meme coin might actually reach the $0.0001 mark within the next five years. This price target would definitely represent significant growth for Shiba Inu and could potentially bring substantial returns for those following the latest Shiba Inu news. Also Read: Pi Network: How to Be a Millionaire at $2.10 by 2025 & Beyond Shiba Inu News And SHIB Outlook: What’s Next For Shiba Investors? The current Shiba news presents a somewhat mixed picture for investors right now. SHIB is experiencing a certain amount of volatility with a 1.98% increase recently, which isn’t terribly dramatic but still notable. The technical indicators also show that the current sentiment is rather bearish, with the Fea...

Shiba Inu Officially Partners With UAE Government

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The Shiba Inu (SHIB) network was started as a meme coin but things could be changing as building utility is its primary goal now. The meme coin has been called a mere joke but its latest partnership with the United Arab Emirates (UAE) government could be a game changer. Despite being fairly new to the ecosystem, SHIB has clearly landed a monumental partnership. However, the real question is whether this collaboration has impacted the price of SHIB in a good way. Also Read: Analysts call ASML Stock Underrated in 2025, Here’s Why Diving Into UAE’s Latest Partnership Source: Watcher Guru Shiba Inu and the Ministry of Energy and Infrastructure (MOEI) of the UAE have partnered to incorporate Shiba Inu’s Operating System (ShibOS) into government activities. The goal of this partnership is to improve Web3 solutions in a number of industries, such as infrastructure and energy. In addition, the Shiba Inu team revealed that this is the first time a global government has implemented bl...

Shiba Inu: AI Sets SHIB's Price For December 10, 2024

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The cryptocurrency market witnessed a major boost today as Bitcoin (BTC) surged beyond the $100,000 mark. While certain assets followed suit, others struggled, like Ripple’s XRP. Meanwhile, the meme coin market was in for some luck. Shiba Inu (SHIB) was rising, while most assets dropped during press time. Also Read: Bitcoin (BTC) Hits $100K: How High Can It Rise Before Christmas 2024? Shiba Inu’s Status Quo The past month has been extremely crucial in the Shiba Inu market. The meme coin surged by nearly 80% during this period. The asset was trading at $0.0000315 at press time following a 3.75% spike over the last 24 hours. This comes after a period of volatility. Earlier today, Shiba Inu was priced at a low of $0.00002095 and rose to a high of $0.00003296. Source Trading volume is another important statistic that aids in SHIB’s positive trend. In the previous 24 hours, daily trading volume increased 40% to $4.62 billion, this further highlights investors’ urge to...

If You’d Invested Just $10 or $100 in Shiba Inu

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The Shiba Inu (SHIB) network has been one of the best-performing assets over the years. The second-largest meme coin managed to change the lives of many since its origin. The asset’s rise in the 2021 rally is an essential part of the cryptocurrency book. But SHIB’s latest rise has led several investors revaluating their choices. Also Read: Solana: VanEck Exec Predicts SOL ETF Launch: Here’s When Shiba Inu’s Recent Spike Shiba Inu was one of the top performers over the past month. Similar to Dogecoin (DOGE), the second largest meme coin, Shiba Inu, recorded a notable uptick. This Donald Trump-induced spike brought about great gains for investors. SHIB surged by over 30% over the past month. The asset went from trading at a low of $0.00001665 to a high of $0.00002938. At press time, SHIB was trading at $0.000025 following a 1.59% dip over the past 24 hours. Source The asset even reached an all-time high of $0.00008845 about three years ago in 2021. Currently, SHIB is 71%...

Shiba Inu Investment: Turn $1,000 into $10,000 - Find Out How

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Shiba Inu’s investment possibility has caught investors’ attention. People wonder if SHIB price predictions support turning $1,000 into $10,000. Let’s examine forecasts and strategies and find out more! Also Read: Bitcoin’s Meteoric Rise: EU Central Bank Issues Urgent Warning Predicting Shiba Inu’s Future: Price Predictions and Market Insights Short-Term Price Predictions CoinCodex offers mixed predictions for SHIB’s near future. “According to our current Shiba Inu price prediction, the price of SHIB is predicted to drop by -13.95% and reach $ 0.00001643 by January 19, 2025. Per our technical indicators, the current sentiment is Bullish while the Fear & Greed Index is showing 72 (Greed). Shiba Inu recorded 14/30 (47%) green days with 8.65% price volatility over the last 30 days. Based on the Shiba Inu forecast, it’s now a good time to buy SHIB.” Long-Term SHIB Price Forecasts Some analysts from Telegaon predict significant growth for Shiba...

Shiba Inu: 55% of Investors Will Quit Their Jobs if SHIB Hits $0.01

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Shiba Inu boasts 1.4 million investors from across the world who share the same goal of financial freedom. The goal is to become rich and make so much wealth, that they can decide to resign from their jobs. Attaining financial freedom is the first and foremost target of SHIB investors and to get there, the token needs to reach the $0.01 mark. Also Read: Shiba Inu: How Long Should You Wait For SHIB To Hit 5 Cents? Watcher Guru conducted a poll among Shiba Inu investors asking them if they would quit their jobs if its price reached $0.01. The majority of traders revealed that they will resign from their workplace if SHIB hits the 1 Cent mark. Shiba Inu: Poll Shows That 55% Investors Will Resign if SHIB Reached 1 Cent Source: Watcher Guru “Will you quit your job if Shiba Inu reaches $0.01?” asked Watcher Guru in the poll. 55% of investors said that they plan to resign from their jobs if the token reaches the 1 Cent milestone. Another 30% of respondents in the poll said that th...