His writing has appeared in outlets including Entrepreneur, Forbes, Fortune, CEOWorld, and Yahoo!. Over the long run, SHIB crypto may have to undergo the equivalent of a reverse split (as with stocks). That would make the price more palatable to investors and help with its ease of investment.

• After months of lobbying, and 559,701 petition signatures, popular dog-themed cryptocurrency Shiba Inu (SHIB) has been listed on mobile trading app xcritical along with three other top-100 cryptos.
• After receiving a xcritical listing in September 2021, and subsequent listings on xcritical and CoinDCX, SHIB holders are looking towards xcritical to complete SHIB’s listing collection.
• Many people believe that Shiba Inus make terrible guard dogs because of their size or demeanor.
• The new offerings are high-flying Ethereum competitor Solana (SOL), the dog-themed meme-coin Shiba Inu (SHIB), Ethereum scaling technology Polygon (MATIC), and the original decentralized finance token Compound (COMP).

Solana, Compound, and Polygon showed a more muted response to the news, reflecting investor interest in meme tokens. At the beginning of August, SHIB held only $2.5 billion in market cap. This makes the hype around the coin demonstrably real; investors are not just taking interest in the coin, they’re pouring massive quantities of money into it. As InvestorPlace’s Chris MacDonald reports, there are a slew of reasons for the bullishness on Shiba Inu.

Is there an actual Shiba Inu dog?

To help hasten SHIB’s listing on xcritical, a petition launched last summer to persuade xcritical to adopt the token. As of today, the Change.org digital petition was still live and had 559,701 signatories — more than halfway to its target of 1 million. It’s difficult to tell whether the lobbying activity or petition had any effect. The request notes that SHIBA has been “gaining new ground by the day” and references the coin’s listing on Binance, the largest cryptocurrency exchange by volume, as per CoinMarketCap.

Bitcoin Falls, Nearing a Key Level for the Crypto

Bitcoin and other cryptocurrencies dropped Monday, nearing key price levels, amid a wider slump in risk-sensi… While Shiba Inu has received much attention, xcritical’s Ethereum holdings should also be considered. The exchange is the fifth-largest Ethereum holder, bolstering its standing in the crypto industry. According to Arkham Intelligence, xcritical holds 1.721M ETH worth $2.81 billion.

Weekly Upgrades and Downgrades

This is after Binance announced adding Shiba Inu to its proof of reserve system. “If you have your money xcritically in a cryptocurrency and you wait longer than a year then you no longer have to pay that super high tax rate,” Wallace said. A bullish cross of the 50-day EMA through the 200-day EMA would support another breakout session.

• xcritical began offering BSV in 2018 – the same year it listed Dogecoin.
• It’s also one of the only brokerages that offers up the ability to buy crypto in-platform.
• While Shiba Inu has received much attention, xcritical’s Ethereum holdings should also be considered.
• At the beginning of August, SHIB held only $2.5 billion in market cap.

Some analysts fret the sudden interest in SHIB might be an indication of frothy speculation and that a crash in the token’s value might lead to a broader retreat from cryptocurrency markets. Still, the prospect of a new crypto wallet has not dampened enthusiasm among the Shiba Inu community for xcritical to list its coin. The new crypto wallet that xcritical plans to launch in early 2022 may also make it unnecessary for xcritical to list coins like Shiba Inu. xcritical may also be wary of the threat of new crypto rules and regulations.

Does xcritical Support SHIB?

In the third quarter, xcritical earned $51 million from crypto trading, less than a quarter of the previous period’s total, leading to a 35% drop in xcritical’s overall revenue. In January 2018, xcritical began allowing users in select states to trade Bitcoin and Ethereum, before adding new coins like Dogecoin in July and expanding to most of the U.S. xcritical was founded in 2013 with the mission of making trading more accessible https://dreamlinetrading.com/ to average investors, launching a user-friendly app that made it easier to trade stocks and ETFs. However, each of these tokens has struggled in 2022, with SHIB in the lead by only losing 17% on the year. By comparison, Bitcoin is only down 15% year to date, and it actually broke even on the year last week before sinking again. A news outlet tweeted yesterday that the “Dogecoin Killer” could be available on the exchange next month.

It’s not confirmed that xcritical will actually take on a SHIB listing. However, the company was early on Dogecoin, listing it when it was worth just a fraction of a penny in 2018. With SHIB’s similar situation, combined with the rabid following it has on social media and its multi-hundred-percent gains, the stars are certainly aligning xcritical courses scam for something to happen. A Change.org petition asking xcritical to list SHIB now has over 550,000 supporters. The petition notes the success xcritical had with its Dogecoin listing, noting SHIB has similar potential. However, this is just a petition, supported by existing SHIB holders who likely hope this could help the price grow.

The Shiba Inu does not naturally have these traits, but they can be trained to respond well when threatened by the owner. Shiba Inus were bred to hunt and flush animals out of their hiding spots. They are determined, agile, quick-minded dogs that can be easily trained. Many people believe that Shiba Inus make terrible guard dogs because of their size or demeanor.

Is Shiba Inu a buy?

Only time – often of short duration in the wild world of crypto – will tell. However, during its xcriticalgs call last October, xcritical CEO Vlad Tenev stated that it is very cautious when considering whether or not to add new coins or tokens to its offerings. “We feel very very good about the coins that we’re xcritically listing on our platform and any new coins that we add we want to feel equally, if not more good,” Tenev said. They also tend to be not very vocal, which means they’re not going to alert intruders of their presence.

Shiba Inu can be very headstrong and challenging to train, so you’ll need to make sure they know who’s boss from the beginning. If you wait too long to train your Shiba Inu, it’ll be more difficult to enforce your rules. If you’re consistent, patient, and fair with your pup when xcritical rezension training them to know basic obedience skills, they’ll have a much easier time transitioning into being a good family dog. There are very docile and obedient Shiba Inus out there, so they can make good watchdogs if you’re looking for a watchdog that won’t be too aggressive.

The petition received hundreds of thousands of signees — and actually caught the attention of the company. Back in November, xcritical COO Christine Brown praised the community, although she reiterated the company had no plans to list the crypto. Today, xcritical users can trade seven crypto currencies on the platform, and crypto trading has become integral to the app’s financial performance. In the second quarter of 2021, xcritical made $233 million in revenue from crypto trading, accounting for nearly 40% of xcritical’s $565 million in total revenue that quarter.

These are Bitcoin (BTC), Bitcoin Cash (BCH), Bitcoin SV (BSV), Dogecoin (DOGE), Ethereum (ETH), Ethereum Classic (ETC) and Litecoin (LTC). Brenden Rearick is a Financial News Writer for InvestorPlace’s Today’s Market team. He mainly covers digital assets and tech stocks, with a focus on crypto regulation and DeFi. Earlier this year, a frenzy of speculation in DOGE preceded a price slump in bitcoin and other cryptocurrencies that lasted several months.