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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Shiba Inu turned an investment of $650 into seven figures during its inception where a truck driver made $1,400,000. Two jobless brothers from New York also made millions of dollars with basic investments in SHIB back in the day. They tasted the success of financial freedom because the dog-themed token surged 85,000,000% between August 2020 to October 2021. This turned SHIB into a worldwide phenomenon where everyone took an entry position thinking it could replicate the run. Also Read: 1 Million Shiba Inu Costs $11.47: Can It Ever Become $100,000? Now let’s stay conservative in our approach as the boat that used to generate millions in profits has sailed. Investors will be considered lucky to even get their money doubled in the present economic condition. While the markets are bullish, leading altcoins and meme coins are not rallying in the charts. The focus is elsewhere such as Bitcoin and Ethereum while altcoins are not moving in tandem with BTC’s success. SHIB to Turn $3,...

2022 saw an overall decline in the amount of venture capital funding going into the blockchain and cryptocurrency space. 2022 will go down as a tough year for the cryptocurrency space and bleak market conditions were mirrored by a downtrend of venture capital funding flowing into blockchain and crypto activities. A report from Blockdata highlights consecutive drops in funding through all four quarters of 2022, following booming venture capital funding into the wider Web3 space through 2021. Analyzing data from CB Insights, Blockdata rounded off 2022’s final quarter of venture capital funding value noting a 34% decline from Q3 2022. The last quarter of the year was down drastically in funding value in contrast to Q1 and Q2, dropping by 67% and 53% in comparison to the two quarters. The subsequent drop in venture capital investment dropped every quarter from an all time high of $11 billion in investments from a cumulative 692 deals in the first four months of 2022. Blockdata points to ...