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news-imageJanuary 9, 2025

565 Trillion Shiba Inu (SHIB) Now Held by Only Five Whales

Five whale addresses now control an astounding 57% of the entire supply, or 565 trillion SHIB tokens, which is an interesting development in the on-chain dynamics of Shiba Inu. Considering such a large concentration of funds in the hands of a small fraction of investors is raising questions ahead of potential market volatility.
Publisher: UToday
Sentiment: Negative
SHIB

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Negative
cover-imageCoingape
January 9, 2025

Shiba Inu Burn Rate Slips 72%; SHIB Price To Follow Suit?

The Shiba Inu community has continued their effort in reducing the token's supply from the market but the recent burn rate drop has sparked concerns. According to recent data, the burning rate has declined significantly over the last 24 hours, with SHIB price also witnessing a similar trajectory.

Positive
cover-imageThe Currency Analytics
January 9, 2025

Shiba Inu Price at $300B, $700B, and $1T Market Cap

Shiba Inu (SHIB) has long been known for its impressive growth, especially during the 2020/2021 bull market, where it soared by an astonishing 150 million percent in just 14 months. While its recent performance has been less spectacular, the SHIB community remains optimistic about its future potential.

Negative
cover-imageThe Currency Analytics
January 8, 2025

Massive SHIB Transfer to Unknown Wallet Raises Concerns

The Shiba Inu (SHIB) community was left stunned when Crypto.com, one of the leading cryptocurrency exchanges, moved a massive 32.74 trillion SHIB—worth approximately $390 million—into an unknown wallet. The massive transaction, initially flagged by blockchain tracker Whale Alert, fueled various speculations, including concerns of potential hacks, whale activity, and market manipulation.

Negative
cover-imageThe Motley Fool
January 7, 2025

Why Shiba Inu Is Plummeting Today

Shiba Inu (SHIB -9.94%) is seeing big sell-offs in Tuesday's trading. The cryptocurrency's token price was down 8.2% over the last 24 hours -- a period that also saw Bitcoin's price fall 5% and Ethereum's price fall 7.4%.

Positive
cover-imageCoingape
January 7, 2025

Is a Shiba Inu Price Recovery Looming As Whales Move $39M?

Shiba Inu (SHIB) has recently drawn attention as large-scale transactions involving the token were spotted on-chain. According to Whale Alert, a blockchain analytics platform, more than 1.6 trillion SHIB tokens, worth about $39 million, were transferred from Crypto.com to anonymous wallets.

Negative
cover-imageBenzinga
January 7, 2025

Dogecoin Down 6%, Shiba Inu Slumps 8%: What Is Going On?

Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) are falling on Tuesday, as Bitcoin finds itself trading back below $98,000. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin (CRYPTO: DOGE) $0.3669 $54.12 billion -5.8% +12.9% Shiba Inu (CRYPTO: SHIB) $0.00002253 $13.3 billion -7.9% +3.9% Pepe (CRYPTO: PEPE) $0.00001906 $8 billion -9.8% -10.4% Trader Notes: Crypto chart analyst Ali Martinez flagged a sell signal on DOGE's daily chart, predicting a potential price correction.

Positive
cover-imageCoinPedia
January 7, 2025

Time to Buy Shiba Inu? Whale Moves 8.18 Trillion SHIB

Amid the ongoing market recovery, Shiba Inu (SHIB), the world's largest crypto meme coin, is poised for massive upside momentum. The potential reasons for this bullish speculation include recent SHIB transactions from exchanges to wallets, ongoing consolidation following a breakout, and the presidential inauguration. Crypto Whale Moves 8.

Positive
cover-imageThe Currency Analytics
January 7, 2025

Shiba Inu Targets $0.000066651 with Bullish Momentum

Shiba Inu (SHIB), one of the most talked-about tokens in the crypto world, is showing signs of a potential breakout. Analysts have identified bullish patterns in SHIB's price movement, suggesting the token could target a significant rally to $0.000066651.

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