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BitMEX Listing Shiba Inu And BONE Perpetual Contracts BitMEX in its official blog on August 29 announced Shiba Inu perpetual listings in USD and USDT pairs. Users will enjoy up to 33x leverage on SHIBUSD and SHIBUSDT, which it claims to be the highest in the industry. advertisement “As with all quanto contracts, the SHIBUSD product has a fixed Bitcoin multiplier, regardless of the SHIB/USD price. This allows traders to long or short the SHIB/USD exchange rate without ever touching SHIB or USD.” Users can have 33x leverage on the SHIBUSD Quanto Contract and 20x leverage on the SHIBUSDT Linear Contract. The listing will be available from August 30. In addition, BitMEX also announced BONE perpetual listings in USD and USDT pairs. Both BONEUSD and BONEUSDT will have up to 5x leverage. It will allow users to trade Shibarium’s gas token BONE in high numbers, causing price to pick upside momentum. Recommended Articles ...

Shibarium and NFTs: Advocated Caution The protocol is billed to function like every other Layer-2 scaling outfit around today. While it will host all varieties of Decentralized Applications (DApps) like its peers, lead developer, Shytoshi Kusama has confirmed that the L2 will support the minting of Non-Fungible Tokens (NFTs) across the board. advertisement This confirmation was first shared on the Discord server of Shibarium Tech protocol. Kusama responded directly to an inquiry from a user who wanted to know if Shibarium will publish instructions on how to mint NFTs . In response, Kusama noted that users who wish to mint an NFT will have to pick their platform of choice and the smart contract will direct them accordingly. . @ShytoshiKusama is chatting on Shibarium tech discord 😁 pic.twitter.com/vRfrmRQaWY — 𝐋𝐔𝐂𝐈𝐄 | Summer of Shibarium (@LucieSHIB) August 11, 2023 Reco...

Shiba Inu Whale Moves 2.4 Trillion SHIB Tokens Whale Alert reported the transfer of 2,416,836,656,676 SHIB tokens worth $18.77 million BinanceUS to an unknown wallet on July 20. advertisement Etherscan data revealed BinanceUS has been moving many tokens from BinanceUS 2 wallet to a new wallet address 0x058A in the last two days. Thus, the wallet address could possibly belong to the crypto exchange. The wallet address has 69 tokens worth $72.62 million. Several members of the Shiba Inu community noted the massive transfer of SHIB tokens from BinanceUS, believing the transfer is related to the Shibarium launch next month. 2,416,836,656,676 $SHIB was transferred from Binance US 🔥🔥 Recommended Articles Crypto Presale Projects For 2023 To Invest; Updated List Must Read ...

SHIB Price Prediction: The Shiba Inu price has been in a sideways trend for nearly a year, resonating between two converging trendlines. The weekly chart showcases this consolidation as a symmetrical triangle pattern usually known as a trend continuation pattern. However, there are criteria where this pattern can act as a reversal setup and thus assist the SHIB price resuming kickstart a new recovery rally. advertisement   Key Points:  A symmetrical triangle pattern governs the sideways trend in the Shiba Inu coin A significant breakout from either trendline will release the trapped momentum within the chart pattern The intraday trading volume of the Shiba Inu coin is $101.4 Million, showing a 41% loss. sSource- Tradingview Under the influence of a symmetrical triangle pattern, the asset price wobbles within converging trendlines reflect uncertain sentiment among market participants. The Shiba Inu price has rebounded twice from th...