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The Shiba Inu ecosystem team has revealed some of the tools that can help SHIB investors succeed in the volatile and complex world of cryptocurrency trading.  The team shared these recommendations in the seventh and latest issue of the Shib Magazine, detailing what investors would need to look to if they seek to navigate the crypto jungle and make the most of the opportunities. CoinMarketCap  According to the Shiba Inu team, one of the essential tools for any crypto trader is CoinMarketCap, a website that provides real-time and comprehensive data on almost every cryptocurrency in the market.  CoinMarketCap allows users to access price updates, historical data, market capitalization, trading volume, and circulating supply of each coin. It also enables users to explore rankings, dive into data, and discover the secrets of each coin.  TradingView Another tool that Shiba Inu recommended is TradingView, a web-based platform that allows users to create and analyze charts of various cryptocurrencies.  TradingView offers various chart types, indicators, and drawing tools that can help traders identify price trends and patterns and make informed trading decisions. Shiba Inu praised TradingView as an “art studio of crypto charts.”  The Shiba Inu ecosystem team also highlighted the social aspect of TradingView, which allows users to share their analysis and learn from others. – Advertisement – CryptoCompare Another platform that Shiba Inu recommended was CryptoCompare, which offers essential and up-to-date market information for various digital currencies.  CryptoCompare collects and examines trade data from well-known exchanges around the world and combines different sources of data to calculate the price of cryptocurrency. CryptoCompare also has a portfolio tool to monitor crypto assets and a research section to use different tools and information sources for traders. Shiba Inu called CryptoCompare a “data dragon” and a “data-packed journey” that can assist traders in handling…

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Filed under: News - @ December 21, 2023 8:20 pm