Memecoin Battle Heats Up as NEIRO Comes For Shiba Inu’s Throne; Which Altcoin Will Win?
The post Memecoin Battle Heats Up as NEIRO Comes For Shiba Inu’s Throne; Which Altcoin Will Win? appeared on BitcoinEthereumNews.com.
NEIRO is quickly rising and looking to take the top spot from Shiba Inu, one of the most popular meme coins. But it’s not the only one making waves; DTX Exchange (DTX) is also grabbing attention due to its successful presale and unique trading platform. Both NEIRO and DTX are causing a lot of excitement in the crypto world. This article will discuss which one might come out on top to dethrone SHIB to take its place. Big SHIB holders are making fewer trades, But what does that mean? In October, big investors in Shiba Inu (SHIB), known as whales, have made fewer big trades. In the last week, the most significant trades have been around 500 billion SHIB, which is way less than the usual 4 trillion SHIB. This significant drop in whale activity could change how SHIB’s price moves in the future. Whales typically have a considerably high percentage of a token and can significantly manipulate the prices. If they stop trading, it might mean they don’t care as much or are waiting for better market conditions. When whales stop selling their tokens, SHIB’s price typically increases like it did this week, as smaller purchases by regular people can make positive price changes as well. However, SHIB’s price still depends mainly on whales buying and selling. SHIB has a solid fan base, so it might hold its value if people stay interested. Even if the whales are less involved, SHIB could remain stable if enough regular traders keep buying. NEIRO is the new star in the meme coin world Currently, meme coins are super popular, and a new one called NEIRO is getting much attention! It’s surprising because some of the biggest meme coins aren’t even in the spotlight. NEIRO is growing fast and is getting close to…
Filed under: News - @ October 18, 2024 11:18 pm