Značka: SHIB

CoinMarketCap allegedly lists 3 fake SHIB contract addresses, Twitter firestorm ensues

A bit Twitter drama ensued on Thursday, continuing well into Friday afternoon, when developers behind popular meme token Shiba Inu (SHIB) issued a statement alleging that CoinMarketCap had listed three fake SHIB contract addresses belonging to the Binance Smart Chain (BNB), Solana (SOL), and Terra Luna (LUNA) blockchains. The staff at Shiba Inu claimed that the addresses were unsafe and that CoinMarketCap had refused to correct the alleged mistake. At the time of publication, the contract addresses are still viewable on CoinMarketCap.Official Statement regarding the recent actions by @CoinMarketCap . pic.twitter.com/DXP2wZRhYC— Shib (@Shibtoken) January 13, 2022Earlier in the day, CoinMarketCap issued a response claiming that the contract addresses listed on the page are wormhole addresses designed to facilitate cross-chain transactions. According to the popular crypto price-tracking site, the staff at Shiba Inu did not go through official channels to contact them and have reached out for greater clarification.Please note that the non-ETH contract addresses on this page @shibtoken are wormhole addresses, which are designed to facilitate cross-chain transactions of wrapped versions of this assethttps://t.co/IhbNBJkwnf— CoinMarketCap (@CoinMarketCap) January 14, 2022

While Shytoshi Kusama, volunteer project lead for Shiba Inu, did not comment on the issue, the developer retweeted a post from Twitter user @wenfloat, who said:”If you are going to allow scammers to add false contracts in our page (WE ARE ONLY ERC-20), you should delist SHIB. At least you won’t be collaborating with scams. You’ve ignored us for months; where’s your professionalism?”Shiba Inu is known for its stellar token gains over the past 12 months, as well as its (sometimes overly) enthusiastic investors. Last December, former SHIB influencer and Medical Q&A platform Ask the Doctor filed a lawsuit against Shytoshi Kusama, alleging libel, and threatened to reveal his personal identity in court. In response, the site lost approximately 10,000 followers out of 58,000 within hours and had its Twitter posts buried in a flurry of ridicule, along with hundreds of one-star reviews on TrustPilot (most of which have since been removed).

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Shiba Inu (SHIB) fetches 30% gain on Robinhood listing rumor and bullish chart pattern

Shiba Inu (SHIB) seems to be preparing for a bullish breakout as a falling wedge pattern begins to form.The price of SHIB has been trending lower inside an area defined by two contracting trendlines while accompanying a decline in trading volume. That shows that investors have been less concerned about the downtrend.  As a result, falling wedges typically provide an ideal springboard for an upside break once the price closes above the structure’s upper trendline. On Thursday, SHIB showed signs of following a similar topside break.SHIB/USDT daily price chart featuring a falling wedge. Source: Fiery Trading Notably, the token briefly closed above the falling wedge’s upper trendline, hitting an intraday high of $0.00003290. The upside move raised anticipation that SHIB would continue its trend higher in the coming sessions, with Fiery Trading analysts noting that an ongoing bullish retracement across the crypto market would further boost the altcoin’s upside bias.The analysts said,”With the entirety of the crypto market seeing strong bullish moves, it’s to be expected that SHIBA will follow. This token is currently trading near the top resistance of the pattern so that a breakout might occur soon. Look for a daily close above the resistance.”The next upside target for SHIBA decisive move above the falling wedge’s upper trendline could have traders eye for a bullish confirmation near $0.00003929. Simply put, if the price of SHIB breaks above $0.00003929, a previous level of resistance, traders may end up placing upside bets toward the level that comes at a distance equal to the maximum gap between the upper and lower trendline ($0.00004240). SHIB/USDT daily price chart featuring a falling wedge setup. Source: TradingViewAs a result, the potential falling wedge breakout could put the price of SHIB en route to $0.00008026, as shown in the chart above. Conversely, a pullback move from the wedge’s upper trendline could have SHIB retest the structure’s lower trendline around $0.00002350 support.Potential Robinhood listing backs the current rallySHIB’s bullish setup emerged primarily after it rebounded by nearly 30% in three days.At the core of SHIB’s sharp retracement were a few fundamental catalysts. These include speculation about the token’s listing on Robinhood, a zero-commission trading app with over $14 million in average daily volume. SHIBA INU ROBINHOOD LISTING SAID TO COME AS EARLY IN FEBthis is about 6 months too late— zerohedge (@zerohedge) January 12, 2022Additionally, SHIB also rallied higher in line with a bounce-back across crypto markets on Wednesday, with top digital asset Bitcoin (BTC) rebounding by more than 12% and Ether (ETH) rising by nearly 18% in the past three days.Related: Five coins that saw huge gains in 2021While it is likely that SHIB’s price boomed due to excessive speculation, Vladimir Kardapoltsev, CEO of blockchain wallet company PointPay, noted that its potential to log more gains in 2022 was huge due to SHIB investors’ recent holding pattern.”It is worth mentioning that in just over five weeks, the average holding duration for Shiba coins on Coinbase Global has climbed from 6 to 32 days,” he told Cointelegraph, adding that “people have been hoarding SHIB because of Shiba Inu’s willingness to become more than just a Dogecoin-like meme token.”Kardapoltsev said,”There are several critical criteria that investors and potential buyers should consider when determining the price of SHIB in 2022. Shibarium, the gaming video game Oshiverse, and ShibaSwap have all contributed to Shiba Inu’s surging pricing, placing it ahead of competitors such as Dogecoin, which is still a meme currency play with minimal development.”The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.

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Hot Doges and Bitcoinana Splits on offer at Florida crypto restaurant

A new crypto-themed restaurant in Florida is slinging hot dogs and shrimp cocktails inspired by Dogecoin (DOGE) and Shiba Inu (SHIB), with the Dogedogs being highly prized by customers. The Clearwater Beach-based venue is dubbed the “Crypto Street Restaurant” and held a grand opening to the public earlier this month with a menu full of names that give a nod to popular crypto-assets and terminology. Ricardo is such a gentleman. If you hit #ClearwaterBeach make sure you stop by! #crypto $BTC #shopsmallbusiness @LayahHeilpern @CryptoStaceyB @FinTechShark1 @olya_borderless pic.twitter.com/QVPObPf3Ff— Alexandre Lores (@alexandre_lores) December 10, 2021The menu boasts dishes such as the Dogedog, Crypto Cuban, DeFi Caesar Salad, SHIBA Shrimp Cocktail and the Bitcoinana Split to name a few, while the restaurant’s decor is also decked out with crypto culture themed posters, wall art and furniture depicting Doge, Satoshi Nakamoto, Elon Musk and assortec Bitcoin memes.Crypto Street Restaurant, Source: Yelp.comAccording to the restaurant’s owner Ricardo Varona, Crypto Street accepts payment in all digital assets including memecoins and so-called “Shitcoins,” and the dogedogs have been “pretty popular” so far.During a Dec.29 interview with the Tampa Bay Times, Varona said that his 24-year-old son first introduced him to crypto a few years ago but he wasn’t a fan of the sector at the time. Over time however, he warmed up to the concept of crypto assets and initially considered launching a restaurant franchise that accepted crypto payments. After the pandemic hit and various expenses and supply chain issues became apparent, Varona said that he altered his plan to launch a single crypto-themed venue as opposed to a chain that simply accepted crypto. “I kept thinking I want to do something different, something fresh, and I kept thinking about crypto… I calculated what it would be to do something new, cut ties with the franchise and started working on Crypto Street.” “So far the younger crowd loves it and come back. With the older crowd, there’s a lot of people that have interest and similar stories to mine where their son or grandson taught them something. So it creates pretty cool conversations,” he added. Varona said that the restaurant can accept crypto payments via a merchant account or peer-to-peer directly to his wallet. “So far we have had a few transactions in crypto, though a lot of people are interested in using it. There’s also some people who just sold it or want to hold it in the long-term instead. But a lot of people understand that using it adds value,” he said. CRYPTO STREET RESTAURANT is HIRING cooks https://t.co/Rfsx4jXby1— Crypto Street Restaurant (@ClwBeachCrypto) December 29, 2021

Five stars for the food or the idea?In its short history, the Crypto Street Restaurant has been reviewed favorably online so far, pulling in a total of three five-star reviews on Yelp and eight five-star reviews on Google Reviews. “Pretty cool place! Excellent decoration, great menu options and super friendly staff. Owner is on top of everything and will gladly give you a tour of the thematic restaurant and explain how the crypto payment system will work,” says the review from elite Yelper “Eduardo F.”This is not the first time the beloved Dogecoin has been affiliated with hot dogs, after American meat manufacturing giant Oscar Mayer auctioned off a one-of-one pack of “Hot Doge Wieners” via eBay in August. Rel Dogecoin Foundation works with Ethereum co-founder on DOGE stakingLast month, Cointelegraph also reported that popular Fast-food chain Burger King partnered with retail trading platform Robinhood to give away free cryptocurrency primarily in the form of DOGE to its customers who sent $5 or more at its locations across the U.S.

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Medical Q&A platform Ask The Doctor files lawsuit against Shiba Inu, engages war of words on Twitter

Tuesdays can be boring, but an ongoing Twitter drama is captivating the attention of many blockchain enthusiasts. Ask The Doctor, a Canadian medical questions and answers website, announced that it would be suing Shytoshi Kusama, volunteer project lead of meme token Shiba Inu (SHIB), for alleged libel and will attempt to uncover his personal identity in court. Kusama immediately fired back, alleging that “it is illegal [for Ask The Doctor] to take people’s money for a service it never provides.”Tell your legal team that it is illegal to buy a verified account to use it to scam other people. Tell them it is illegal to take people’s money for a service you never provide. And if you REALLY want to come and get me…COME GET ME. It’s almost time anyway… I’m ready https://t.co/jTnQydUWBt— Shytoshi Kusama™ (@ShytoshiKusama) December 21, 2021The heated exchange began when Kusama quoted a promotional SHIB Tweet from Ask The Doctor the day prior, alleging, “You’re a scam account. Where are all your “doctor” tweets from tour account created in what 2009?” If the plot wasn’t already thick enough, Ask The Doctor was formerly a SHIB influencer. In a Dec. 1 tweet, the firm claimed to have added 31 billion SHIB ($1.5 million at the time) to its balance sheet. On Dec. 20, Ask The Doctor then tweeted it had eliminated its SHIB tokens from its books. Twitter users allege that the firm has been heavily promoting SHIB tokens to retail investors over the past month.You’re a scam account. Where are all your “doctor” tweets from tour account created in what 2009? Gtfoh. Go scam another token like you planned on doing with your first tweets. .@askthedr pic.twitter.com/ceFqL8KFYv— Shytoshi Kusama™ (@ShytoshiKusama) December 21, 2021

Related: Shiba Inu gains over 30% in just 2 days as Kraken announces SHIB listingAt the time of publication, Ask The Doctor continues to escalate the conflict on the social media platform. In more recent tweets, the firm alleges that SHIB is “a scam,” “heading to zero,” “facing delisting,” and stating that, without evidence, “there is a rug pull coming.” Since the conflict’ began less than 24 hours ago, Ask the Doctor appears to have lost nearly 10,000 Twitter followers with approximately 48,000 remaining. Although Ask The Doctor said it dumped its SHIB stake for business purposes, it didn’t explain why it would invest in what it believes to be a “scam” coin in the first place.

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