{"id":326396,"date":"2023-07-10T19:00:27","date_gmt":"2023-07-10T13:30:27","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=326396"},"modified":"2023-07-10T16:17:21","modified_gmt":"2023-07-10T10:47:21","slug":"shiba-inu-compound-share-the-spotlight-as","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/shiba-inu-compound-share-the-spotlight-as\/","title":{"rendered":"Shiba Inu, Compound share the spotlight as&#8230;"},"content":{"rendered":"<ul>\n<li><em><span style=\"font-weight: 400;\">Compound and Shiba Inu ranked first and sixth in the latest trend rankings.<\/span><\/em><\/li>\n<li><em><span style=\"font-weight: 400;\">SHIB and COMP were both trading at a loss after witnessing gains.<\/span><\/em><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Lunar Crush&#8217;s latest trend ranking unveiled a captivating presence of Compound [COMP]\u00a0and Shiba Inu[SHIB] within the prestigious top 10. Despite their shared spotlight, these tokens and projects gleamed brightly for distinct reasons, as outlined by their unique metrics.<\/span><\/p>\n<hr \/>\n<p style=\"text-align: center;\">Read <a href=\"http:\/\/ambcrypto.com\/predictions\/compound-governance-token-price-prediction\" target=\"_blank\" rel=\"noopener\">Compound (COMP) Price Prediction<\/a> 2023-24<\/p>\n<hr \/>\n<h4><b>Compound and Shiba Inu trends<\/b><\/h4>\n<p><span style=\"font-weight: 400;\"><a href=\"https:\/\/twitter.com\/LunarCrush\/status\/1678091356986568714?t=Aw9_PmnFPZSk0fjOGnOYug&amp;s=19\" target=\"_blank\" rel=\"noopener\">Lunar Crush&#8217;s post<\/a> on 9 July highlighted the impressive positions attained by <a href=\"http:\/\/ambcrypto.com\/assessing-the-far-reaching-effects-of-compounds-deployment-on-polygon\/\" target=\"_blank\" rel=\"noopener\">Compound<\/a> (COMP) and <a href=\"http:\/\/ambcrypto.com\/chatgpt-shiba-inu-price-prediction-16\/\" target=\"_blank\" rel=\"noopener\">Shiba Inu<\/a> (SHIB) in their trend ranking. COMP secured the coveted first place, while SHIB claimed the sixth spot. This ranking served as a reflection of the tokens that were currently experiencing significant attention on the platform.<\/span><\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Trending on LunarCrush:<\/p>\n<p>? <a href=\"https:\/\/twitter.com\/search?q=%24COMP&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$COMP<\/a> <a href=\"https:\/\/twitter.com\/compoundfinance?ref_src=twsrc%5Etfw\">@compoundfinance<\/a><br \/>\n? <a href=\"https:\/\/twitter.com\/search?q=%24INJ&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$INJ<\/a> <a href=\"https:\/\/twitter.com\/Injective_?ref_src=twsrc%5Etfw\">@Injective_<\/a><br \/>\n? <a href=\"https:\/\/twitter.com\/search?q=%24KAS&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$KAS<\/a> <a href=\"https:\/\/twitter.com\/KaspaCurrency?ref_src=twsrc%5Etfw\">@KaspaCurrency<\/a><br \/>\n? <a href=\"https:\/\/twitter.com\/search?q=%24WBTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$WBTC<\/a> <a href=\"https:\/\/twitter.com\/WrappedBTC?ref_src=twsrc%5Etfw\">@WrappedBTC<\/a><br \/>\n? <a href=\"https:\/\/twitter.com\/search?q=%24LEASH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$LEASH<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/LEASH?src=hash&amp;ref_src=twsrc%5Etfw\">#LEASH<\/a><br \/>\n? <a href=\"https:\/\/twitter.com\/search?q=%24SHIB&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$SHIB<\/a> <a href=\"https:\/\/twitter.com\/Shibtoken?ref_src=twsrc%5Etfw\">@Shibtoken<\/a><\/p>\n<p>Insights: <a href=\"https:\/\/t.co\/S43WsoNoxP\">https:\/\/t.co\/S43WsoNoxP<\/a> <a href=\"https:\/\/t.co\/oaR0Bof3Sr\">pic.twitter.com\/oaR0Bof3Sr<\/a><\/p>\n<p>\u2014 LunarCrush (@LunarCrush) <a href=\"https:\/\/twitter.com\/LunarCrush\/status\/1678091356986568714?ref_src=twsrc%5Etfw\">July 9, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">However, Shiba Inu appeared to have slipped from the spotlight in the most <a href=\"https:\/\/lunarcrush.com\/trending\" target=\"_blank\" rel=\"noopener\">recent update<\/a>. On the other hand, COMP continued to hold its commanding position at the summit. The rankings indicated a change in the dynamics of their respective trends.<\/span><\/p>\n<h4><b>A possible reason for the Shiba Inu trend<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">Santiment recently showed a noteworthy development regarding <a href=\"http:\/\/ambcrypto.com\/how-whales-triggered-shiba-inus-bullish-frenzy-over-the-weekend\/\" target=\"_blank\" rel=\"noopener\">Shiba Inu&#8217;s<\/a> key metric, indicating a significant shift. Analyzing the metric that monitors whale transactions exceeding $1 million, it was observed that a surge occurred on 7 and 8 July. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">On 7 July, seven such whale transactions took place, followed by eight on 8 July. These figures represented the highest number of whale transactions recorded within the past two months. As of this writing, only one transaction was recorded on 10 July, with none reported on the previous day.<\/span><\/p>\n<figure id=\"attachment_326405\" aria-describedby=\"caption-attachment-326405\" style=\"width: 2560px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/07\/SHIBA-INU-SHIB-10.20.16-10-Jul-2023.png\"><img decoding=\"async\" class=\"wp-image-326405 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/07\/SHIBA-INU-SHIB-10.20.16-10-Jul-2023.png\" alt=\"Shiba Inu transactions and price\" width=\"2560\" height=\"867\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/07\/SHIBA-INU-SHIB-10.20.16-10-Jul-2023.png 2560w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/07\/SHIBA-INU-SHIB-10.20.16-10-Jul-2023-300x102.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/07\/SHIBA-INU-SHIB-10.20.16-10-Jul-2023-1024x347.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/07\/SHIBA-INU-SHIB-10.20.16-10-Jul-2023-768x260.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/07\/SHIBA-INU-SHIB-10.20.16-10-Jul-2023-1536x520.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/07\/SHIBA-INU-SHIB-10.20.16-10-Jul-2023-2048x693.png 2048w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/><\/a><figcaption id=\"caption-attachment-326405\" class=\"wp-caption-text\">Source: Santiment<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">Furthermore, examining SHIB&#8217;s daily performance, it became apparent that the trend responded positively to the occurrences of these whale transactions. During those two days, SHIB witnessed an impressive value increase of over 6.7%. However, as of now, it was trading at a slight loss, albeit less than 1%.<\/span><\/p>\n<hr \/>\n<p style=\"text-align: center;\">How much are 1,10,100 SHIBs worth today<\/p>\n<hr \/>\n<h4><b>A possible explanation for the Compound trend<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">The surge in <a href=\"http:\/\/ambcrypto.com\/assessing-the-state-of-aave-and-compound-after-a-year-of-ups-and-downs\/\" target=\"_blank\" rel=\"noopener\">Compound&#8217;s<\/a> value likely contributed to its prominent position in the trend ranking. A look at its price trend over the daily timeframe, a notable spike occurred on 9 July. Furthermore, analyzing the chart revealed an even more significant surge of 30.58% on 2 July. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Additionally, Santiment&#8217;s chart indicated a corresponding increase in volume during these price spikes. However, it&#8217;s worth noting that COMP experienced consecutive downtrends following the 2 July surge before witnessing another notable spike of 11.95%.<\/span><\/p>\n<figure id=\"attachment_326408\" aria-describedby=\"caption-attachment-326408\" style=\"width: 1793px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/07\/COMPUSD_2023-07-10_09-55-27.png\"><img decoding=\"async\" class=\"wp-image-326408 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/07\/COMPUSD_2023-07-10_09-55-27.png\" alt=\"Compound price move\" width=\"1793\" height=\"761\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/07\/COMPUSD_2023-07-10_09-55-27.png 1793w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/07\/COMPUSD_2023-07-10_09-55-27-300x127.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/07\/COMPUSD_2023-07-10_09-55-27-1024x435.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/07\/COMPUSD_2023-07-10_09-55-27-768x326.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/07\/COMPUSD_2023-07-10_09-55-27-1536x652.png 1536w\" sizes=\"(max-width: 1793px) 100vw, 1793px\" \/><\/a><figcaption id=\"caption-attachment-326408\" class=\"wp-caption-text\">Source: TradingView<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">As of this writing, COMP was trading at approximately $58.1, reflecting a loss of over 4%.<\/span><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a captivating twist, Compound and Shiba Inu emerged as trendsetters in Lunar Crush&#8217;s ranking, their trajectories diverging as their stories unfold.<\/p>\n","protected":false},"author":76,"featured_media":326410,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[31,66,3,4,20],"tags":[],"class_list":["post-326396","post","type-post","status-publish","format-standard","has-post-thumbnail","category-altcoins-news","category-new-news","category-news","category-social","category-trading-view"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Shiba Inu, Compound share the spotlight as... - AMBCrypto<\/title>\n<meta name=\"description\" content=\"Compound and Shiba Inu trended on 9 July for different reasons; 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