Solid buying in the Bitcoin ETFs suggests that investors expect Bitcoin to breakout to a new all-time high. Will altcoins follow?
The price action and momentum were bullish, but the buying volume was tepid. This trend was seen in the mean coin age as well.
A look at the large transaction volumes for SHIB shows that buying pressure from whales has waned.
Leading U.S. exchange Coinbase has been hit by the withdrawal of billions of Shiba Inu (SHIB) tokens over the past 24 hours.
Data shared by the Shibburn tracker shows that this metric has demonstrated an impressive increase both on the 24-hour and weekly time frames. The SHIB army has managed to dispose of a mammoth amount of meme coins lately.
In the times when the crypto markets were facing massive sell-offs in the first few days of the month, the SUI price displayed strength and consolidated within a narrow range. This indicated the market participants were bullish on the crypto and as a result, the token formed a new ATH.
Since last weekend, crypto buyers have returned enthusiastically, delivering the Q4 momentum many had anticipated. With Bitcoin's October performance flipping to the green, the altcoin market is gathering sufficient strength to spark a high-momentum rally.
The popular meme coin Pepe (PEPE) is poised for a notable upside rally, as crypto experts and its on-chain metrics share a positive outlook.
Despite increased bullish sentiment in the crypto space, the Sui token has dropped 12.49% from its ATH within 5 days. Notably, this altcoin slingshot ~405% from its August low to achieve a new all-time high (ATH) of $2.36 on 14th October.
PEPE price has been riding an uptrend recently, showing promising signs of bullish momentum. However, despite the optimistic outlook, the price has struggled to realize its full potential.
SHIB bulls beware: here's what signals a possible correction in the short term.
Book of Meme surged in the past 24 hours as meme coins led the crypto market rally on Oct. 18. Following Bitcoin's (BTC) impressive rise above $68k, meme coins have taken the spotlight. Dogecoin (DOGE) jumped 10%, reaching an 11-week high, while other dog-themed tokens like Brett, Bonk, and Popcat also saw significant gains.
NEIRO, a newly added meme coin, has been causing a stir after it reached an increase of 5400% in just a month. After being listed at a price of $0.00003109, NEIRO climbed the ranks to $0.001710 on the price charts due to market fervor.
While past Shiba Inu and XRP price surges have made the tokens a darling to most crypto investors, a new AI token has emerged and has already seen a significant price surge in its ongoing presale.
The official SHIB marketing lead who uses pseudonym Lucie has published a tweet on her X account to discuss the issue of increased FUD (a popular acronym within the crypto community that means “fear, uncertainty, doubt”) aimed at the SHIB team and the Shiba Inu ecosystem. Per her tweet, the FUD against SHIB has reached an all-time high.
At 443 trillion tokens, Shiba Inu is trading close to a crucial support level that could act as a solid safety net for the current price threshold. This extensive support zone connected to 1,633 addresses activity provides information about possible market movements.
This week, we examine Ethereum, Ripple, Solana, Dogecoin, and SUI in greater detail. Ethereum (ETH) Ethereum closed a great week with a 9% price increase after buyers dominated on Monday.
Pepe Coin (PEPE) price is gaining notable traction as the cryptocurrency market prepares for a potential altcoin rally. Recent price movements point to a possible bullish trend, raising anticipation of a significant price increase.
A widely followed analyst and trader is offering his forecast on three crypto assets. The analyst pseudonymously known as Bluntz tells his 283,900 followers on the social media platform X that Dogecoin (DOGE) is “so close to major breakout” after a brief correction on the two-hour time frame.
SHIB whales on the run, Shiba Inu sees its hopes of a rebound swallowed in the ocean of crypto.
With Bitcoin price crossing above the $68,000 mark, the meme coins are spearheading the crypto bull market rally. PopCat, Mew, and Floki are leading the way, along with Dogecoin and Shiba Inu, among the top-performing meme coins.
As the crypto market progresses towards Q4 of 2024, investors anxiously await the next big thing to unfold. Among the older reputed players like Litecoin (LTC) and Shiba Inu (SHIB), numerous challenges impede them.
SUI, a rising star in the cryptocurrency world, recently reached an all-time high price of $2.30, ranking itself among the top 15 cryptocurrencies. Surpassing well-known altcoins like Polkadot (DOT), the token has garnered attention from investors and enthusiasts alike.
Shiba Inus whale transactions have sharply decreased, plummeting from typical highs of four trillion SHIB to just 500 billion in the past seven days. This unexpected decline may significantly affect the tokens future price and volatility.
As it gets closer to forming a golden cross, Shiba Inu is exhibiting indicators of a possible breakout. The 50-day moving average crossing above the 200-day moving average is a bullish pattern that frequently results in a substantial increase in market momentum.
Shiba Inu is on the cusp of a significant transformation. Lucie (@LucieSHIB), the marketing lead for Shiba Inu, announced via X on October 17 that the Shiba Inu Decentralized Autonomous Organization (DAO) and the Shib Doggy DAO Foundation are “coming soon,” signaling a pivotal shift toward decentralization and community governance.
To the surprise of various community members, the Shiba Inu team has announced the postponement of the highly anticipated ShibaCon conference. Originally, scheduled to take place on November 9, the Shiba Inu team has decided to reschedule the ShibaCon conference till further notice, leaving many in the community wondering what prompted the sudden change.
Shiba Inu (SHIB) price forecasts are turning bullish, with one popular TradingView user predicting a stunning 400% surge in the coming months and weeks.
On-chain metrics unravel a momentum change, but two gargantuan resistance levels loom in Shiba Inu's upward journey.
Shiba Inu (SHIB) price, a popular meme cryptocurrency, is gaining attention as it shows signs of potential value growth. With the broader cryptocurrency market struggling to maintain momentum, SHIB stands out with notable developments.
The markets are always buzzing with predictions, and the latest one is turning heads. Dogecoin price, a fan favourite, is expected to rally to $1 before December.
The Dogecoin price has rallied by over 7% in the last 24 hours, outperforming Bitcoin and Shiba Inu. This price rally is primarily thanks to the world's richest man, Elon Musk, who continues to support the foremost meme coin indirectly.
After a stunning rally in recent weeks that has seen it more than 4x from recent sub-$0.50 lows and burst above $2.0, the Sui (SUI) price has started to lose momentum.
SUI could soar 20% and reach the $2.50 level if it stays above the $1.80 level.
SHIB's market cap must rise by approximately 10x for the prediction to come true.
Mysten Labs has launched the public testnet for Walrus Protocol, a decentralized storage network designed to store large data files such as videos, audio, and images.
The highly-anticipated meme coin supercycle is right around the corner, especially with Bitcoin poised to hit new all-time highs.
If big investors continue buying Shiba Inu, it could boost interest in the market, helping SHIB break through its price limit and rise higher.
Early Bitcoin adopter Jeremie Davinci has taken to his account on the X social media giant (formerly known as Twitter) to share his take on what he believes meme coins, including flagships Dogecoin and Shiba Inu, can reach in this market cycle in terms of market capitalization value.
The consolidation phase in SHIB price, marked by resistance at $0.000018 and support at $0.000016, has prompted Shiba Inu whales to gradually increase their holdings.
Amid fluctuating price trends in the cryptocurrency market, Shiba Inu (SHIB) continues to experience significant volatility, facing persistent challenges at its resistance levels. Over the past 20 days, the meme coin has encountered rejection six times, raising questions about its ability to break through its current barriers.
As Shiba Inu (SHIB) continues to reign supreme as the second-largest meme coin based on market value, the altcoin is witnessing an impressive holding culture.
As PEPE and NEIRO investors begin to book their profits, many are turning their attention to a trending utility coin that's rapidly gaining momentum. With a 200% rally in sight, this coin stands out for its real-world applications and strong market potential, offering more than just speculative gains.
The Pepe price has dipped by 5% today, falling to $0.000009986 as the wider cryptocurrency market drops by 2.5% in the past 24 hours.
Amid increased price volatility in the crypto market, top projects have recorded a significant uptrend with some altcoins recording double-digit gains. However, the Shiba Inu price has repeatedly faced rejection at its resistance level of the trend pattern. Notably, it has repeatedly faced 6 rejections over the past 20 days.
Shiba Inu coin once again caught the eyes of crypto market enthusiasts as SHIB team confirms that the ecosystem is eyeing a transformative shift ahead. On Thursday, the marketing lead highlighted that the Shib Doggy DAO and Foundation launch remains imminent.
Dog-themed cryptocurrency Shiba Inu might be on the verge of a transformative shift that will put power into the hands of real holders. A recent update from Shiba Inu team member Lucie has hinted at upcoming governance milestones, which would mark Shiba Inu's next chapter in the coming days.