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SHIB token price could dissolve to 15% anytime from now.
Shiba Inu can invalidate the 15% decline if it records a price of $0.00003057.
Traders’ buying behavior can also be a fact to invalidate the decline.
Shiba Inu (SHIB) may perform market correction to almost 15% — meaning SHIB will retrace from its current price of $0.00003042 downward if the crypto fails to maintain its market performance.

The suggested 15% decline follows Shiba Inu’s rally at the beginning of February. To note, the SHIB price reversal in February is said to be the new unseen pillar that will facilitate the forecasted Shiba Inu’s 15% correction, as reported by Fxstreet.com.

TradingView: SHIB/USD Chart

For Shiba Inu to invalidate the 15% downtrend, it has to go bullish to a certain height and record a price of $0.0000342. By doing this, the crypto will gain strength to overcome the bearish market. In addition, this will substantially push SHIB ahead to start a new price upsurge.

At the time of writing, Shiba Inu’s price is $0.00003057 with a 24-hour volume of almost $1.6 billion, based on CoinMarketCap data. Also, the SHIB token has a growth rate of 0.25%. These statistics rank Shiba Inu as the 14th largest cryptocurrency in the world.

Lastly, traders’ buying behavior can be a factor to invalidate SHIB’s 15% decline. In other words, if traders continue to accumulate more SHIB tokens rather than sell, Shiba Inu will survive the projected bearish market.

Disclaimer: The views and opinions expressed in this article are solely the author’s and do not necessarily reflect the views of CoinQuora. No information in this article should be interpreted as investment advice. CoinQuora encourages all users to do their own research before investing in cryptocurrencies.

Sports and esports fans will soon see more crypto ads during games as Terra has partnered up with the Washington Nationals MLB team and crypto exchange Bitstamp is now partnered with esports organization Immortals.

Terra (LUNA) is the 10th largest cryptocurrency by market cap and the blockchain that produces the UST stablecoin. The project is governed by a decentralized autonomous organization (DAO), which is now an official partner of the Washington Nationals.

Binance, the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider, has announced the signing of a Memorandum of Understanding to build a strategic partnership with YG Entertainment Inc. (YG), one of South Korea’s leading multinational entertainment corporations.

As part of the strategic partnership, Binance and YG will cooperate on a range of blockchain projects, including collaborations in the NFT space. Binance will provide the NFT platform and technology infrastructure while YG will supply NFT content and gaming assets.

The two companies also have plans to develop Binance Smart Chain-based games, collaborate on building the Metaverse, and actively pursue various digital asset opportunities to develop unique experiences and services for fans.

It is expected that the partnership between Binance and YG will create positive synergies between the two firms. A number of world-renowned Kpop stars are managed by YG, including Big Bang, Blackpink, Winner, iKon, AKMU, and Treasure. YG has immense potential to develop digital assets, including NFTs, using their intellectual property (IP) rights in a wide range of business fields.

NFT, which stands for non-fungible token, is a one-of-a-kind digital token that allows artists to share their content in a unique way. The growth of NFT is paving the way for a change in the paradigm of the music and Kpop industry by serving more than just a consumption purpose for fans.

Kpop has been at the forefront of the Korean Wave, attracting millions of fans around the globe. It is expected that the MoU with Binance will allow YG to more actively extend its growth in the NFT market.

Binance NFT is a multichain platform that uses the PoSA (Proof of Staked Authority) network, a consensus agreement protocol that is more eco-friendly and energy-efficient than Bitcoin. Creating NFTs in an eco-friendly way is one of the considerations that Binance and YG emphasize during the collaboration.

Bo Kyung Hwang, Chief Executive Officer (CEO) at YG, said:

"As a Kpop leader, we plan to steadily build an innovative and eco-friendly NFT ecosystem. Collaboration with Binance has provided an opportunity for YG to secure royalties and business opportunities for rare and valuable content. We also hope that it could further strengthen the bond between fans and artists." Helen Hai, Global Head of Binance NFT, said:

"YG is one of the most well-known global entertainment corporations in the world. Both Binance and YG will strive to further build their leadership in their respective fields. Now that the two companies have joined forces, we can expect to see a strong cooperative relationship being forged. We hope that this will support the development of the global blockchain ecosystem, and bring further mainstream adoption of new assets, such as NFTs, to a new user base." Helen added:

The crypto space continues to develop its technology in order to provide more amazing experiences to all its users. This time, Uquid.com, an e-commerce platform that has more than 2 million physical products, including Women’s Fashion, and Men’s Fashion, to name a few, is integrating its technology with Binance Pay.

The partnership between Uquid.com and Binance Pay will enable users of both platforms to purchase over 40 crypto tokens with no fees. Through this, customers of the Uquid.com platform can enjoy shopping with crypto assets as their mode of payment without thinking about any fees. Indeed, this event brings joy to all the Uquid.com platform and Binance Pay supporters.

The Uquid marketplace is known for its DeFi and e-commerce platform that accepts a hundred tokens to carry out the payment solution on the Ethereum blockchain. Also, the network is said to be open to integrating its system with other blockchains to expand its DeFi shopping network reach in the future.

Uquid introduced “Buy Now and Pay later by Crypto” as well. It is a concept similar to other successful BNPL models in the fiat world like Afterpay or Klarna. Uquid Pay will allow users to split payments flexibly into 3 installments within 3 months without paying any additional fees.

What is more, Uquid is a pioneer in helping its global customers enjoy a Web 3.0 shopping experience. Through this, the network users can enjoy the benefits of smarter shopping such as shopping mining, staking points, or earning rewards and token airdrops from merchants by simply connecting their wallet addresses.

On the other hand, the Uquid network aims to increase the number of its physical products to over 5 million in 2022. In addition, it also seeks to expand its DeFi payment solution on networks such as Cardano and Binance Smart Chain. On top of that, Uquid is eyeing the technology of Metaverse in order to bring a new level of shopping experience to all its online customers around the world.