BNB -0.56%
$574.62
BTC -0.98%
$66,249.52
DOGE -2.60%
$0.14
ETH -1.25%
$3,078.81
PEPE -5.36%
$0.0000089
XRP -2.17%
$0.50
SHIB -3.65%
$0.000023
SOL -1.37%
$170.40
Best Crypto Poker
Online

Early Shiba Inu Investors Move Funds to New Token, Seeking 987% Profits

Joel Frank
Last updated: | 2 min read
Early Shiba Inu Investors Move Funds to New Token, Seeking 987% Profits
Early Shiba Inu Investors Move Funds to New Token, Seeking 987% Profits / Source: Cryptonews

As Shiba Inu (SHIB) eyes a potential push higher following a recent bullish pattern breakout and amid positive news for its DeFi ecosystem, early investors are moving funds to a new token called 99Bitcoins (99BTC) as they seek 987% profits.

SHIB was last trading down 3.3% on Thursday around $0.00002450, having earlier pushed towards $0.000026.

The meme coin, the second largest by market cap after Dogecoin, broke out of a multi-week pennant pattern on Wednesday.

Technical analysis suggests risks are tilted towards a retest of late-March highs.

As SHIB eyes a possible near-term rally, a new token is attracting attention.
As SHIB eyes a possible near-term rally, a new token is attracting attention. Source: TradingView

And news that ShibaSwap has finally migrated to Shibarium could help ignite fresh bullish sentiment.

Shiba Inu developers launched Shibarium last year, a layer-2 blockchain designed to house the Shiba Inu ecosystem.

But so far, it’s largely been a dud, with barely over $2 million in TVL, as per DeFi Llama.

ShibaSwap, Shiba Inu’s previously Ethereum-based DEX, has been more successful.

The DEX routinely logs daily trading volumes in the millions of dollars, CoinGecko data shows.

ShibaSwap’s expansion to Shibarium, ShibaSwap 2.0, should bring some much-needed liquidity to the struggling blockchain.

Not only is that a boost to the Shiba Inu web3 ecosystem, but it should also lift the SHIB burn rate.

Investors Move Funds to New Token 99Bitcoins (99BTC) – Here’s Why


SHIB could see near-term upside, but a new token in the learn-to-earn (L2E) niche is attracting a lot of hype.

The well-established crypto education platform 99Bitcoins is launching a new token to reward users who learn about crypto.

And investors are flooding in to get in on the presale before it sells out.

99Bitcoins’ has over 700,000 YouTube subscribers, over 100,000 enrolled students, and a huge 2.5 million mailing list, positioning it to lead in the L2E space immediately.

The new token will initially launch on Ethereum, but eventually, it will become BRC-20 to lead L2E on the Bitcoin blockchain.

Investors have already put nearly $1.3 million into the presale. Potential investors may want to move quickly, as when $2 million is hit, the 99BTC price will rise.

99BTC will power 99Bitcoins’ L2E platform while offering investors a staking yield.

According to the official website, this yield was last around 1,333%, though it will drop quickly as the presale progresses.

99Bitcoins is also running a huge $99,999 BTC airdrop.

Should the new token 99BTC become a market leader, presale investors could easily be looking at 10x or 987% gains.

Buy 99BTC Here

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.