Shibarium has been instrumental in attracting more DeFi developers to the Shiba Inu network, with approximately $680k in total value locked (TVL) across various decentralized applications (Dapps). This transformation is mainly due to the launch of the Shibarium layer two scaling solution. The Shiba Inu ecosystem has evolved significantly, transitioning from a meme coin reliant on speculation to a utility-based digital asset. Faibik also notes that SHIB has likely reached its lowest point following the 2022 crypto bear market. Shiba Inu bolsters this prediction and has strong backing from institutional investors like Robinhood Markets, Binance, OKX,, Coinspot, and Gate.io. Faibik, who shares insights on the X platform, suggests that Shiba Inu could see a 2x increase in price by mid-December. According to Faibik, this breakout is a macro retest indicating a strong potential for growth. □ /L9bwnm4TKb- Captain Faibik November 15, 2023Ī well-known crypto analyst, Captain Faibik, has observed that SHIB has broken out of a significant falling logarithmic trendline. If the retest is successful, we might witness a Bullish Rally up to 2x by mid-December. The company also offers a wholly integrated suite of products such as its Startup IEO platform, NFT Magic Box marketplace, crypto loans and more.#SHIBA $SHIB has broken out of a Major Trendline and is currently undergoing a Retest. The exchange offers spot, margin, futures and contract trading in addition to DeFi products through HipoDeFi, custodial services through Wallet.io, investments through Gate Labs and it’s dedicated GateChain platform. Gate.io is a leading digital currency exchange with over 8 million users in 190 countries across the globe. In addition to providing a powerful futures trading platform, Gate.io’s spot exchange has also listed more than 1,100 coins and tokens, and the company has invested a lot of money to expand its NFT Magic Box market and its Startup IEO platform. With up to $2 million in prizes to be won, Gate.io intends on using the campaign to elevate its world class trading platform. On December 15th, Gate.io will launch the world’s first crypto futures trading championship, a campaign aimed at rewarding the users who have made our platform what it is today. Users are able to trade over 200 contract pairs on the platform with some of the lowest fees in the industry, while exploring some of its innovative features such as contract bonuses, reverse positions, advanced contract analysis and quantitative trading solutions. The current CoinMarketCap ranking is 616, with a live market cap of 33,172,299 USD. Kishu Inu is down 2.34 in the last 24 hours. We update our KISHU to USD price in real-time. The futures platform allows users to trade on a platform that offers high liquidity and stability, having proven itself to remain operational even during turbulent market conditions. The live Kishu Inu price today is 3.56e-10 USD with a 24-hour trading volume of 519,484 USD. We’ve been taking users’ feedback and suggestions to heart in further expanding our offerings,” said Marie Tatibouet, Chief Marketing Officer at Gate.io Favourable word-of-mouth and the variety of products being offered has been the leading contributors to the growth of our futures platform. “Gate.io’s crypto futures platform has grown tremendously over the last month as turbulent market conditions became more apparent. Gate.io provides futures contracts for more than 185 USDT-paired and 25 BTC-paid assets including Bitcoin, Ethereum, Solana, Litecoin, Shiba Inu and Sandbox. The rate at which the platform has grown far outpaced competitors, cementing Gate.io’s place in the futures market.Īccording to data provided by CoinGecko, Gate.io’s 24-hour crypto futures trading volume exceeded $7.1 billion, pushing the exchange to the sixth position worldwide in terms of trading volume. Leading global digital asset exchange, Gate.io, has quickly become the sixth largest crypto futures platform in the world, having risen from fifteenth place just over two months ago. Singapore, Singapore, 7th December, 2021, Chainwire
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