'Floki' Coins Continue To Skyrocket, Leaving Dogecoin, Shiba Inu In the Dust - Benzinga

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Benzinga 13 October, 2021 - 04:10am

What is shiba inu?

Shiba Inu (柴犬) is a Japanese term for a breed of dog; it is the dog that is depicted in Dogecoin's symbol, which itself was originally a joke cryptocurrency based on the Doge meme. Shiba Inu was created in August 2020, modeled off Dogecoin, another cryptocurrency, by the anonymous founder known as "Ryoshi". wikipedia.orgShiba Inu (cryptocurrency)

Shiba Inu (SHIB) Price Doubles Over Past Week as it Gains on DOGE

Yahoo Finance 13 October, 2021 - 12:35pm

Shiba Inu (SHIB) has more than doubled over the past week. Gaining on big brother Dogecoin (DOGE)

According to CoinGecko the price of SHIB increased 113.2% over the past seven days. This figure rises to 311.4% when considering a 14-day perspective. SHIB had previously directly trailed its antecedent DOGE, currently the top 10 cryptocurrency in market capitalization, but has since been eclipsed by LUNA for 11th place.

SHIB’s recent rally was sparked by a trademark cryptic Tweet from Elon Musk of his Shiba Inu “Floki Frunkpuppy,” on October 3. Within hours, SHIB had jumped 40%, essentially doubling in price by October 5. From there, it proceeded to peak on October 7, achieving just over double its value again. It fell markedly on October 8, but since it is trading at roughly double its value on October 5.

A number of digital currencies have delivered jaw-dropping returns in a short time frame, the latest of which is Shiba Inu (CRYPTO: SHIB). Over a seven-day stretch, Shiba Inu has gained north of 260%, as of Oct. 8, and had pushed into the top 20 largest cryptocurrencies by market cap. The Shiba Inu dog breed has been the inspiration behind two major cryptocurrencies.

Shares of crypto-related stocks, including Marathon Digital Holdings Inc (NASDAQ: MARA), Riot Blockchain Inc (NASDAQ: RIOT) and Coinbase Global, Inc. (NASDAQ: COIN) are trading lower amid a decrease in the price of Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH). Bitcoin is trading 3% lower at around $55,753 on Tuesday. Ethereum is trading 2.2% lower at around $3,494 on Tuesday. Marathon Digital focuses on mining digital assets. It owns crypto-currency mining machines and a data center to mine

This might not be how Bitcoin was intended to be used, but that doesn't change the fact that this is how investors view it now.

The 2022 Toyota Tundra's long-overdue redesign brings with it an entirely new suite of powertrains based on a 3.5-liter turbocharged V6. The most impressive variant is the range-topping hybrid which Toyota calls "i-Force Max." Whatever you choose to call it, it's going head-to-head with Ford's 2021 F-150 PowerBoost hybrid. Let's see take a look at their specs to see how the Tundra and F-150 hybrids compare.

Despite official disapproval from financial authorities, Nigerians are increasingly turning to cryptocurrency use.

Twitter Inc on Tuesday rolled out new ad features and revamped the algorithm that decides which ads users see, as part of an effort to lay the groundwork to launch future ecommerce features, the social networking company told Reuters. The new features come as Twitter is pushing to grow its performance advertising business, a strategy that aims to quickly generate sales, and constituted just 15% of Twitter's business last year. The effort could help Twitter reach its goal of doubling annual revenue by 2023.

Germany's largest mosque will be permitted to broadcast the call to prayer over loudspeakers on Friday afternoons, after an agreement between the city of Cologne and the Muslim community to ease restrictions, the city said on Monday. All 35 mosques in Cologne will now be permitted to broadcast the call to prayer for up to five minutes on Fridays between noon and 3 p.m., under a two-year initiative. "Permitting the muezzin call is for me a sign of respect," Cologne Mayor Henriette Reker wrote on Twitter https://twitter.com/HenrietteReker/status/1446750751913619460?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1446750751913619460%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.bild.de%2Fpolitik%2Finland%2Fpolitik-inland%2Fmuslimischer-gebetsruf-ab-sofort-erlaubt-jetzt-ruft-der-muezzin-ueber-koeln-77926248.bild.html.

Africa, with its internationally recognised musical talent - and growing mobile phone use - is central to Swedish music streamer Spotify's plans to extend its reach to a billion customers. As African artists such as Nigeria's Burna Boy and South Africa's Black Coffee are streamed across the world, the continent was seen as an obvious choice and is the home to more than a third of the company's 85 new markets. The problem is payment on a continent where many people are more likely to have a mobile phone than a bank account.

Target's major Deal Days sale event is back — and the deals are hot!

It’s perfect for preparing grilled cheese and frying eggs.

#Chiefs HC Andy Reid spoke to the media on Monday, sharing some more thoughts on the Week 5 loss to the #Bills

"It paved an opportunity in a time when there was no real chance..."

Shiba Inu Could Rally 70% Following Consolidation Period

Crypto Briefing 13 October, 2021 - 12:35pm

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