SHIB Coin Rises to #2 in MarketVector’s Meme Coin Index; Ripple’s CTO Addresses Satoshi Speculations: Latest Crypto Updates

  • Shiba Inu secures elite status in market rankings among meme coins.
  • “Not true, but plausible”: Ripple CTO breaks silence as to whether he is Satoshi.
  • Legendary trader Peter Brandt drops intriguing hint on Ethereum’s (ETH) price action.

Explore the latest developments in the crypto world, including Shiba Inu’s rise in market rankings, Ripple CTO’s response to being Satoshi, and Peter Brandt’s analysis of Ethereum’s price action.

Shiba Inu secures elite status in market rankings among meme coins

Shiba Inu has achieved a new milestone by claiming the second spot in VanEck’s MarketVector’s Meme Coin Index, only trailing behind Dogecoin. According to the index’s data, SHIB’s weight is 28.28%, while DOGE’s stands at 30.69%. Other meme coins in the index include Pepe (PEPE), Dogwifhat (WIF), Floki Inu (FLOKI), and BONK. The Meme Coin Index is currently the best-performing index on MarketVector, with a staggering return of 137.96% this year, indicating increased interest and speculative investment in meme coins.

“Not true, but plausible”: Ripple CTO breaks silence as to whether he is Satoshi

Ripple CTO David Schwartz has once again addressed the speculation about his connection to the creation of Bitcoin and whether he is the elusive Satoshi Nakamoto. Schwartz firmly denied these assumptions, stating that although he had the necessary skill set to create Bitcoin, he only discovered it in 2011, well after its inception. He also emphasized his unfamiliarity with the Qt interface, a crucial aspect of the early Bitcoin code. However, when asked if he could still be “the main guy” despite lacking Qt knowledge, Schwartz responded, “It’s not impossible. Not true, but it’s not impossible.”

Legendary trader Peter Brandt drops intriguing hint on Ethereum’s (ETH) price action

Veteran trader Peter Brandt recently drew attention to Ethereum’s chart, describing it as “very intriguing.” Brandt analyzed two chart patterns to predict Ethereum’s potential trajectory. One pattern resembled a flag, a continuation pattern that often appears during a brief pause in a bullish or bearish trend. However, the pattern is too long to be considered a flag, with a channel seeming the most likely label. Both a flag and a channel have the potential for a breakout in either direction. “I could go either way with this chart,” Brandt explained.

Conclusion

The crypto world continues to evolve, with Shiba Inu rising in the meme coin rankings, Ripple’s CTO addressing speculation about his role in Bitcoin’s creation, and Peter Brandt’s analysis of Ethereum’s price action. These developments underscore the dynamic and unpredictable nature of the crypto market, offering both risks and opportunities for investors.

Don't forget to enable notifications for our Twitter account and Telegram channel to stay informed about the latest cryptocurrency news.

BREAKING NEWS

Bitcoin Liquidation Alert on CEXs: $1.226B Shorts at $114K vs $1.603B Longs at $110K

The latest Coinglass data indicates that if Bitcoin breaches...

Bitcoin Nets 3,057 BTC Inflow to CEX in 24h — Kraken Leads, Binance Posts 832 BTC Outflow

COINOTAG (Sept 9) citing Coinglass data reports a 24-hour...

24,400 ETH Inflows to CEXs in 24 Hours: Binance Leads with 13,100 ETH, Bitfinex & Bybit Follow; Gemini Tops Outflows

COINOTAG reported on September 9, citing Coinglass data that...

Ethereum Liquidation Shock: Coinglass Warns $709M Shorts at $4,400 vs $1.96B Longs if Price Falls Below $4,200

Ethereum short liquidation metrics from Coinglass indicate that a...

MYX Suffers $46.89M in 24-Hour Liquidations, Leading Crypto Market — Coinglass

According to Coinglass data on September 9, the MYX...
spot_imgspot_imgspot_img

Related Articles

spot_imgspot_imgspot_imgspot_img

Popular Categories

spot_imgspot_imgspot_img