tl;dr
Shiba Inu has partnered with Zama to integrate Fully Homomorphic Encryption (FHE) into its Shibarium layer-2 solution, aiming to enhance data privacy and security for transactions and smart contracts. Despite this, SHIB’s price fell over 6% in the past 24 hours, though it remains up on a two-week sc...
Shiba Inu has teamed up with Zama to integrate Fully Homomorphic Encryption (FHE) into its Shibarium layer-2 solution, aiming to bolster data privacy and security for transactions and smart contracts. Despite this, SHIB’s price fell over 6% in the past 24 hours, although it remains up on a two-week scale due to recent rallies. Shibarium’s Marketing Strategist, known as LUCIE, unveiled the collaboration with Zama, emphasizing the focus on layer-2 scaling and FHE technology to advance the meme coin’s ecosystem. Despite the alliance, SHIB’s valuation remains down by over 6% in the last 24 hours but is still up on a two-week scale due to recent rallies. The partnership aims to strengthen the Shiba Inu ecosystem by integrating FHE, which could potentially open new use cases across various projects such as Treat or Bone. However, the SHIB community's response has been mixed, with some viewing it as a bullish factor for a potential price rally, while others question its impact on Shibarium's security. Despite the collaboration, SHIB's valuation remains down by over 6% in the last 24 hours but is still up on a two-week scale due to recent rallies. SHIB’s price has declined by over 6% in the past 24 hours, making it the worst-performing cryptocurrency in this period. Nonetheless, it remains in a positive trajectory over the longer two-week timeframe due to recent rallies. The coin reached a three-month high over the weekend, and its market cap briefly surpassed $12.5 billion before retreating to roughly $10.8 billion, securing its position as the 14th-largest cryptocurrency. Shiba Inu's latest collaboration is an attempt to fortify its ecosystem, but questions linger around its immediate impact on the coin's price and security. Despite the current price decline, recent rallies showcase its resilience in the market.
More about United States Steel Corporation
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United States Steel Corporation produces and sells tubular and flat rolled steel products primarily in North America and Europe. The company is headquartered in Pittsburgh, Pennsylvania.
Industry: Manufacturing
Sub-Industry: Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens)
Market Cap: 8013146000
Current Price: 15.55
Price Change: 0.2
Percentage Change: 2.29%
PE Ratio: 75.31
Dividend Yield: 0.034
Shares Outstanding: 16853000000
Beta: 42.16
EPS: -0.617
Profit Margin: -0.178
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More about Tanzanian Royalty Exploration Corp
Tanzanian Royalty Exploration Corp, Tanzanian Gold Corporation is engaged in the exploration and development of mineral property interests in the United Republic of Tanzania. The company is headquartered in Vancouver, Canada.
Industry: ENERGY & TRANSPORTATION
Focus: GOLD AND SILVER ORES
Market Cap: 109,943,000
Dividend Yield: None
EPS: None
P/E Ratio: 0
Forward P/E: 0.127
PEG Ratio: -0.0306
Volume: 36,723,000
52-week High: 1.38
52-week Low: 2.549
Change from 52-week Low: 0.625