Popular dog-themed meme coin Shiba Inu is currently riding the bullish wave, attracting notable gains following the renewed momentum of the general crypto market. This recent uptrend of Shiba Inu has fueled robust optimism within the community about its potential for a significant rally in the upcoming weeks.
Two main factors appear to be contributing to Shiba Inu's recent price performance. They are market sentiment and community backing.
Shiba Inu (SHIB), the second-largest meme coin, presents a unique trend that suggests a potential rally ahead. This development coincides with an increased Shiba Inu burning rate over the past month.
Litecoin could be on the verge of a significant rally, following a pattern reminiscent of XRP's recent price movements.
Litecoin (LTC) has seen its market capitalization grow by 15% in the past week, adding $1 billion as its price reached a two-year high of $119.64.
With a 13% decrease over the past day Shiba Inu saw a major decline. This drop comes after a robust rally earlier in the week in which SHIB broke through significant resistance levels and rose as high as $0.000033 before falling back to $0.000029.
The crypto market is abuzz with optimism as experts anticipate a massive alt season potentially brewing in the next 8–10 days. Historically, altcoins have rallied when Bitcoin's dominance dips, as witnessed in late 2021, when altcoins surged by over 140%.
Bitcoin (BTC) held above $95,000 despite facing a slight pullback over the weekend, falling just over 1%. Spot Bitcoin ETFs have seen notable weekly outflows that have stalled momentum towards the $100,000 milestone.
Veteran trader Peter Brandt forecasts Litecoin's recovery rally that could outshine the other top altcoins. With LTC up 82% in four weeks, Litecoin miner reserves will play a critical factor in the upcoming rally.
As Litecoin reaches the price levels last seen in April 2022, the bullish trend in the LTC price is gaining momentum. With a parabolic rally on the words, Litecoin is reaching a crucial resistance breakout, priced at $128.
The crypto market is buzzing with excitement as many analysts are betting high for the biggest altseason ever, potentially starting in the next 8-10 days. Back in late 2021, when Bitcoin's dominance dipped, altcoins exploded with over 140% growth. Experts now see similar conditions brewing, with Bitcoin pushing toward $100,000.
Shiba Inu's price surged past $0.00003, driven by a combination of increased token burns, whale accumulation, and growing network activity, though facing resistance at current levels amid broader market volatility.
Shiba Inu price, a popular meme-based cryptocurrency, has gained significant momentum amid market optimism this month, especially with Bitcoin increasing to $100,000. The token recently surged past a key level despite a double-digit decline in the SHIB burn rate.
Litecoin's price increased 21% with trading volume up 263% to $2.92 billion as multiple analysts, including Peter Brandt and Tony Severino, identify technical indicators suggesting potential further upside movement.
The famous meme coin Shiba Inu might be getting ready to break its previous all-time high. The movements on charts are spreading excitement among the Shib Army. At the end of October 2021, as the crypto market was about to take a dip, the dog-themed meme coin started its downward journey.
The cryptocurrency market is filled with enthusiasm as significant participants show robust upward trends. Bitcoin price maintains its remarkable momentum, fluctuating between the $96K-$98K range, as XRP price experiences a 29% increase in the past 24 hours.
Shiba Inu (SHIB) saw a significant surge, hitting its highest price in eight months.
The bulls have just showered their confidence in the XRP price rally, which broke the 6-year-long consolidation. Besides, the top two cryptos, Bitcoin & Ethereum, continue to juggle within a narrow range, probably due to a massive liquidity shift into the other tokens.
Shiba Inu has just made a stunning entry into the top 10 cryptocurrencies by market capitalization. With an impressive growth of 20% in just 24 hours, this dog-themed coin confirms its major role in the crypto universe.
Crypto analyst Tony Severino said Litecoin is about to pull an XRP, suggesting that the coin could soon enjoy a parabolic rally. The analyst alluded to a bullish indicator on LTC's chart, which showed that the crypto could witness this parabolic rally.
Veteran trader Peter Brandt recently sparked market optimism with his social media post, hinting at a potential Litecoin price rally to $420. Notably, this comes as the LTC crypto has noted a surge of nearly 21% today with its volume skyrocketing, indicating strong market confidence.
The total crypto market cap surged by 2 percent in the past 24 hours to a new all-time high (ATH) of about $3.64 trillion on Monday, during the early Asian session.
TAO's price stands at $623.78, reflecting a notable 9.8% increase in the last 24 hours. This rally is not just a temporary uptick; it comes with strong market momentum, as trading volume surged by over 40%, reaching $470.79 million.
Bitcoin, XRP, and Litecoin are poised to sustain their upward momentum as the market transitions into a parabolic surge.
Tomorrow, Immutable X (IMX) will unlock about 24.52 million IMX tokens, which constitutes approximately 1.47% of the circulating supply and is valued at around $41.68 million. This token unlock is part of a planned tokenomics strategy designed to foster the growth of the Immutable ecosystem.
Due to its incredible ascent, XRP's price has risen to $1.95, bringing it closer to the psychological $2.00 mark and increasing its market capitalization to an incredible $110 billion. Due to the asset's remarkable rally, investors are now speculating about two possible futures for it based on its current price action.
Shiba Inu has surged past $0.000030 with trading volumes reaching $7.3 billion. Could $0.000040 and $0.000050 be next?
Bitcoin's strength has pulled several altcoins higher, with SHIB, FIL, MNT, and AAVE showing promise in the near term.
Bitcoin's strength has pulled several altcoins higher, with SHIB, FIL, MNT, and AAVE showing promise in the near term.
SHIB is the top performer in the past 24 hours among the largest digital assets.
Shiba Inu has rocketed back into the top 10 cryptocurrencies by market capitalization following a 20% surge. Trading at $0.00003223, SHIBs bullish breakout above $0.00003 has flipped Avalanche and Tron, with eyes now set on the key resistance at $0.000035.
Dog-themed meme coin Shiba Inu is currently up by 17.7% for the day and 30% over the past week.
Starting December on a high note, an influx in trading volume has sent Shiba Inu's token-burning mechanism into overdrive, axing over 52.3 million SHIB and stoking rally hopes. The post Shiba Inu Burns Push SHIB Price Over $0.00003, Analysts Predict Another Zero Going Down by 2025 appeared first on Cryptonews.
The altcoin sector continues to register massive gains, with Ripple (XRP), Stellar (XLM), Shiba Inu (SHIB), and Brett (BRETT) making substantial movements. With Bitcoin's dominance declining, the market prepares for the altcoin season to move in.
Shiba Inu's price surged in double-digits, but a pullback might be around the corner.
Dog-themed cryptocurrency Shiba Inu (SHIB) has stormed back into the top 10 cryptocurrencies by market capitalization, fueled by an impressive 20% surge in the last 24 hours.
November was a significant month for Shiba Inu (SHIB) marked by substantial token burns and notable price movements. According to Shibburn, a total of 3,162,301,655 SHIB tokens were burned throughout the month, spread across 167 transactions.
What if reducing a part of yourself to nothingness was the key to shining even more? This is the bold bet that Shiba Inu is making by destroying 2 billion SHIB tokens in a week.
After the explosive price performance of the popular meme-inspired cryptocurrency Shiba Inu (SHIB) today, its price started to look much more attractive not only against the USD, but also against its main rival Dogecoin (DOGE).
Cryptocurrency Shiba Inu (CRYPTO: SHIB) has surged, reaching an eight-month high amid a meme coin rally. What Happened: On Sunday, Shiba Inu, the second-largest dog-centric cryptocurrency by market capitalization, surged.
The market was taken by surprise following Shiba Inu's dramatic price increase which sent it to $0.00003059. Though there are still concerns about whether this rally can continue or if it will eventually cool down, this face-melting pump has reignited interest in the meme coin.
The popular meme-inspired cryptocurrency Shiba Inu (SHIB) continued to make waves over the weekend. This time, the reason is what is happening on the SHIB price chart and what is happening behind the scenes — in on-chain reality.
Shiba Inu, the popular meme coin, has witnessed an extraordinary surge in its burn rate, with a staggering 7,418% increase and over 2 billion SHIB tokens burned over the past week. This significant reduction in circulating supply has ignited optimism among investors, especially with the Shiba Inu price currently trading at yearly highs.
The last day of the week is more bearish than bullish, according to CoinMarketCap.
Shiba Inus token supply saw significant cuts with a 486% spike in burn rate, erasing 1.4 billion SHIB in 24 hours. This follows $245.63 million in whale transactions, reflecting increased investor interest.
The dynamic world of crypto closes yet another week, primarily with attention-nabbing developments unfolding across the broader sector. Ripple's XRP sustained a price rally, nearing $2 against the backdrop of legal maneuvers in favor of the American blockchain payments company.
Today's cryptocurrency market fueled global investor speculation as Bitcoin and major altcoins showed declining price movements. XRP climbed 6% among the top 10 coins, while Shiba Inu and Tezos posted impressive gains of 13% and 20%, respectively.
Shiba Inu blasted to its highest price in months as Dogecoin showed more modest gains, while Base coin Brett hit an all-time high.