The post Shiba Inu Price Prediction: Will December Bring New ATH For SHIB? Crypto Whales Heavily Investing In Cardano And New MemeFi Token Taking Over P2E Market appeared on BitcoinEthereumNews.com.

As December approaches Shiba Inu (SHIB) holders are optimistic about the potential for a new all-time high (ATH). Cardano (ADA) on the other hand is attracting heavy whale interest, as the new MemeFi token, Yeti Ouro (YETIO), captures attention in the Play-to-Earn (P2E) ecosystem. 2024 could be a good end of the year for investors especially those with an eye for the best crypto to invest such as Yeti Ouro which is still in the prime early entry stages. Shiba Inu News: Aiming For A New ATH Shiba Inu has been on a steady upward trajectory, gaining 47% in the last month. Currently Shiba Inu price is at $0.000025, SHIB boasts a market cap of $14.87 billion, with a 24-hour trading volume of $813.59 million. SHIB’s all-time high of $0.00008845, set in October 2021, still seems a distant target. However, with Shiba Inu’s 5% weekly increase and growing investor enthusiasm, December could bring the breakout SHIB investors are hoping for. The recent uptick in Shiba Inu price is partly attributed to its burn mechanism, which reduces the circulating supply. Additionally, its ecosystem expansion, including the Shibarium Layer-2 blockchain, is driving increased adoption and utility. Cardano Whale Activity Signals Confidence Cardano (ADA) has also seen significant movement, fueled by whale activity. Crypto analyst Ali Martinez reports the Cardano news of whales purchasing over 130 million ADA during the recent dip. This accumulation came as ADA’s price dropped nearly 20% earlier this week, hitting a low of $0.8743. Now trading at $1.02, Cardano’s price has rebounded with a 9.55% surge in the last 24 hours. With a market cap of $35.65 billion, ADA remains a top-10 cryptocurrency. Whales’ confidence signals a belief in ADA’s long-term potential, particularly as the Cardano ecosystem continues to expand with new partnerships and DeFi projects. Yeti Ouro:…

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Filed under: News - @ November 29, 2024 12:23 am