Shiba Inu Price Prediction: SHIB Dips Over 4% – Where’s the Next Buying Level?

Second largest meme coin Shiba Inu (SHIB) is currently trading at $0.000027 with a substantial 24-hour trading volume of $670 million. While recent developments fuel optimistic Shiba Inu price predictions, technical indicators suggest a contrasting outlook.
Lucie, Shibarium’s marketing lead, has rolled out updates for Shiba Eternity, aiming to enhance gameplay and community engagement.
Following its debut, Shiba Eternity’s blockchain version has evolved, now featuring enriched kibbles, Shiboshis, new cards, and a breeding system.

#ShibaEternity First internal build is out!
Performance improvements a plenty and fixed multiple card interactions such as princess andromeda not working as expected and Stealth fighters stunning the whole game for a second or two. #DownloadShibaEternity #Shiboshis #SHEboshis pic.twitter.com/Txb23VVo1q
— mazrael.shib (@_Mazrael_) April 8, 2024

These improvements pave the way for Shiba Eternity’s shift to a play-to-earn model, promising Treats for SHIB by holding Shiboshis.

Key Upgrades: Enhancements to kibbles and Shiboshis, addition of new cards, and a breeding system to elevate the game’s dynamics.
Strategic Advancements: The upgrades are part of Shibarium’s plan to transition Shiba Eternity towards a play-to-earn model, offering Treats for SHIB by holding Shiboshis.

Kibbles, introduced as in-game currency, facilitate the purchase of items, with part of the proceeds earmarked for SHIB token buyback and burn, potentially affecting its market value.
Shiba Inu Whale Movements – A $19.26 Million Transaction
In market news, a whale wallet’s acquisition of 692.4 billion Shiba Inu tokens from Crypto.com, worth over $19.26 million, has stirred the community, possibly indicating a bullish trend or an internal transfer.

🌕🌕🌕
Time to fly high 🚀 $SHIB 🐕#shibaArmy
— Shiba Inu (@ShibainuCoin) April 8, 2024

This transaction, recorded at 3:18 AM (UTC), signifies the most substantial Shiba Inu whale movement this month, involving over $19.26 million worth of tokens. This substantial whale transaction may signal market confidence, potentially influencing a positive shift in Shiba Inu’s price prediction.
Shiba Inu Price Prediction
Shiba Inu is currently priced at $0.000027, maintaining its #12 CoinMarketCap ranking with a $16.2 billion market cap. Technical analysis highlights a pivot at $0.000028, with resistance at $0.000030 and $0.000031.
Support levels stand at $0.000027 and $0.000026. Market sentiment leans towards the bearish spectrum, but surpassing the pivot could hint at bullish potential.
Shiba Inu Price Chart – Source: Tradingview
Conclusion and Market Outlook:
Currently, Shiba Inu’s market trend is bearish below the $0.000028 level. However, a climb above this pivot point could signal a shift towards bullish momentum.
Shiba Inu’s community can be seen on platforms like Reddit, Discord, Telegram and Twitter, where discussions and support for the meme coin continue to thrive.
Following the Shiba Inu theme, many Dog themed ICOs are also making headlines and trending across social media.

In the Shiba Inu technical analysis video above released this week, Dogecoin20 is highlighted as a low market cap alternative to SHIB.
Another even newer contender is Dogeverse, a multi-chain meme coin that adopts the Shiba Inu dog aesthetics.
Dogeverse Presale Soars – Next Big Meme Coin Phenomenon?
Dogeverse is redefining the meme coin market by launching on multiple blockchains, including Ethereum, BNB Smart Chain, Polygon, and soon Solana, Base, and Avalanche, offering unparalleled flexibility and investment opportunities.
The Dogeverse presale has already raised over $700,000, rapidly approaching the $870,000 target for its initial price round. Currently priced at $0.00029, the next stage will see an increase to $0.000291.
Dogeverse aims to set the stage for a multi-chain meme coin trend, combining the playful spirit of Doge with advanced blockchain interoperability. While it’s still in the earliest stage of its presale, its novel approach could earn it the attention of whales and the larger crypto exchanges looking to list the next big meme coin.
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Proxima Fusion raises $21M to build on its ‘stellarator’ approach to nuclear fusion

Munich-based Proxima has raised €20 million ($21.7M) in a seed round to begin building its first generation of fusion power plants.
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Cambium is building a recycled wood supply chain

The global demand for wood could grow by 54% between 2010 and 2050, according to a study by the World Resources Institute. While some building materials like steel get consistently recycled back into the supply chain, wood does not. Cambium hopes to fix that. Cambium looks to build the supply chain that keeps wood from […]
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True Anomaly CEO finds the silver lining in the startup’s anomalous first mission

True Anomaly‘s first mission didn’t go as planned by any stretch of the imagination, but the space and defense startup’s CEO, Even Rogers, said he doesn’t consider it a failure. Providing new details on what went right and wrong, he explained how they’re turning this anomaly into a “success story.” Though the company has yet […]
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Poe introduces a price-per-message revenue model for AI bot creators

Bot creators now have a new way to make money with Poe, the Quora-owned AI chatbot platform. On Monday, the company introduced a revenue model that allows creators to set a per-message price for their bots so they can make money whenever a user messages them. The addition follows an earlier October 2023 of a […]
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Faraday Future faked early sales, lawsuits claim

Two internal whistleblowers at Faraday Future claim the troubled EV company has been lying about some of the few sales it has announced to date. They also claim founder Jia Yueting has “weaponized” the EV startup’s HR department to retaliate anyone who speaks up about these alleged misrepresentations. The employees, Jose Guerrero and Victoria Xie, […]
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Tesla risks losing its lead without an inexpensive EV

Given flagging sales of the company’s existing product line, a mass-market electric vehicle would be a welcome shot in the arm.
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Messenger now lets you create shared albums, send HD photos and share larger files

Meta announced on Tuesday it’s rolling out the ability for Messenger users to create shared albums in chats, send photos in high-definition, and share larger files up to 100MB in size. With these new features, Messenger is targeting people who tend to create shared albums or share HD images via services like Google Drive. Up […]
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Apple Vision Pro app developers are blocked from certain data, but users should be grateful

Apple’s security restrictions for the Vision Pro are creating roadblocks for app developers but future users will be glad to see the privacy protections in place.
Vision Pro launched only in the United States With back in February, with China and several other countries expected later this year. So it’s no surprise that app developers want to get a piece of the pie. However, according to The Information via 9to5Mac, Apple is limiting the types of apps that companies want to make.
Developers have complained that they can’t use the device’s in-built cameras. For example, Antony Vitillo, developer of AR fitness game HitMotion, stated that he wanted to access the product’s cameras so that users could ‘interact’ with real-world items like punching bags.
Apple Vision Pro’s privacy boundaries
However, Apple doesn’t let apps access that level of data for privacy reasons – and with good reason. It’s not too long ago that people will remember the controversy around the Google Glass AR headset.
Users were uncomfortable with the omnipresence of a camera on a headset, with widespread concerns about data protection and privacy.
Apple has long been known for strong privacy measures, so users and developers can expect it to be no less tight with this kind of a product, too. While some apps might want access to the camera for purely practical, useful reasons, opening up that door could also allow in some maliciously minded people or groups.
No matter how good the app might be, it’s likely not worth handing over potentially unlimited access to a camera that people will have on display in their homes. With recent data from HP, reported on by Forbes, showing that 49% of Americans are concerned about someone watching them through their webcam, it can only be a welcome obstacle from the point of view of consumers.
It’s lucky that Apple has one tick in its book regarding the Vision Pro at least, after catching criticism upon its release for the eye-watering price tag.
Featured image: Apple
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Ripple CEO’s shares bullish Bitcoin and crypto predictions

Bitcoin and the wider cryptocurrency market are poised for significant growth this year, predicts Brad Garlinghouse, CEO of blockchain startup Ripple.
In a recent interview with CNBC, Garlinghouse predicted that the total market capitalization of the crypto industry could double to $5 trillion by the end of 2023.
Garlinghouse pointed to several macroeconomic factors driving this bullish outlook, including the recent approval of the first U.S. spot Bitcoin exchange-traded funds (ETFs) and the upcoming Bitcoin “halving” event. The spot ETFs, which began trading on U.S. stock exchanges in January after being approved by the SEC, allow both institutions and retail investors to gain exposure to Bitcoin without directly owning the digital asset.
Meanwhile, the Bitcoin halving, a technical event occurring roughly every four years that cuts the mining reward in half, is expected to take place later this month and could further constrict supply while demand grows. Garlinghouse told CNBC:
I’ve been around this industry for a long time, and I’ve seen these trends come and go. […] I’m very optimistic. I think the macro trends, the big-picture things like the ETFs, they’re driving for the first time real institutional money.
The cryptocurrency market has already seen impressive gains over the past year, with Bitcoin rising more than 140% and hitting a record high above $73,000 in March before pulling back. As the largest cryptocurrency by market cap, accounting for about 49% of the entire crypto market’s value, Bitcoin’s performance heavily influences the broader digital asset space.
An evolving landscape
Beyond the technical and macroeconomic drivers, Garlinghouse also sees positive regulatory momentum in the U.S. as a potential catalyst for the crypto market this year. With 2023 being an election year, there is optimism that the next administration may take a more accommodative stance toward the industry.
This comes despite the current SEC, under Chair Gary Gensler, taking an aggressive enforcement approach against crypto companies, including Ripple itself which is fighting a lawsuit alleging it illegally sold its XRP token as an unregistered security.
One of the things actually I’ll say on the macro tail winds for the industry: I think we will get more clarity in the United States. […] The U.S. is still the largest economy in the world, and it’s unfortunately been one of the more hostile crypto markets. And I think that’s going to start to change, also.”
Garlinghouse is not alone in his bullish predictions for the crypto market. Marshall Beard, COO of U.S. crypto exchange Gemini, recently told CNBC he expects Bitcoin to reach $150,000 later this year amid the confluence of factors like the halving, ETF launches, regulatory developments, and overall adoption and activity in the space.
Back in March, Bitcoin reached a new all-time high, surpassing the $71,000 mark for the first time. This surge came on the heels of the United Kingdom’s Financial Conduct Authority giving the green light to cryptocurrency exchange-traded products.
The upward trajectory of Bitcoin’s price gained momentum in January when the United States securities regulator approved spot Bitcoin exchange-traded funds (ETFs). This approval was a catalyst for the cryptocurrency’s value, which breached the $70,000 threshold just last week. In a similar vein, Ethereum (ETH) also achieved a significant milestone on Monday, crossing the $4,000 mark.
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