Popular meme-inspired cryptocurrency Shiba Inu (SHIB) might be on the verge of a fall, and there are exactly two reasons to think so.

Shiba Inu price holds steady above support at $0.00001796. Will SHIB bulls push for a breakout towards $0.00002153?

Enigmatic lead developer of the Shiba Inu team, known to the community under the pseudonym Shytoshi Kusama, could not hold back from responding to a tweet which challenged his recent X post about SHIB surpassing Bitcoin in value growth.

Shiba Inu (SHIB) price has recovered from its dip and has risen above the moving average lines.

Shytoshi Kusama, the leader of the Shiba Inu (CRYPTO: SHIB) ecosystem, expressed frustration over the coin not getting due respect despite impressive gains over the years. What Happened: Kusama was responding to an X post by Nick Tomaino, founder of cryptocurrency-focused fund 1confirmation, who didn't include Shiba Inu on his list of most impactful cryptocurrency projects to date.

Shiba Inu price breakout is still in play after the U.S. spot Bitcoin ETFs surpassed the milestone of holding over 1 million BTC. The implications for the broader crypto market, including Shiba Inu, are profound.

The monthly SHIB burn rate garnered substantial attention on Thursday as it landed a remarkable blow to Shiba Inu's supply. As per burn data surfacing within the market, nearly 125 million coins were incinerated in the past month, sparking optimism over the meme coin's future price movements.

Shiba Inu (SHIB), the inspired cryptocurrency that has captured the attention of many investors, may be on the verge of a remarkable rally, according to prominent crypto analyst PlanC. He predicts that the price of SHIB could surge by as much as 300%, driven by a broader bullish trend in the cryptocurrency market.

In a recent post, Shiba Inus Shytoshi Kusama revealed an eye-catching 33,774,726% return on SHIB, dramatically outpacing Bitcoin and Dogecoin. His remarks underscore SHIBs significant role in the crypto world, fueling discussions about its future growth potential.

The Shiba Inu price has been on a rampage alongside many other cryptocurrencies. Over the past 24 hours, Shiba Inu has increased by about 4.4% amidst significant investor interest.

The Dogecoin price is among the best performers following this recent crypto market rally. Meanwhile, Shiba Inu has closely followed behind and has even flipped Avalanche in the process.

As Shiba Inu ($SHIB) struggles to keep pace with the broader crypto market's rally, some of its investors are turning to a new Chicken coin called Flockerz ($FLOCK). The post Shiba Inu Investors Turn to a New Chicken Coin as ‘Cat' Coins Go Viral appeared first on Cryptonews.

Shiba Inu (SHIB) is now the 12th-largest cryptocurrency based on market value after elbowing Avalanche (AVAX) from this position.

Bitcoin's shallow pullback shows buyers are not rushing to the exit and increases the likelihood of a rebound to new all-time highs. Will altcoins follow?

Avalanche bows out of the 15th position in the crypto ranks as Shiba Inu expands social dominance.

A magnet for investors seeking big returns, the crypto market has become a playground for those eyeing emerging assets with explosive growth potential. Monsta Mash ($MASH), a newly developed cryptocurrency valued at just $0.001, is one such asset drawing a lot of interest right now.

Shiba Inu (SHIB) is at an inflection point, a trend that aligns with the broader altcoin ecosystem, most of which are paring off the gains accrued recently. For Shiba Inu, the 24-hour price comes in at $0.00001859 amid a marginal loss worth 0.38%.

An interesting interaction took place in the crypto space today, when the official X account of the popular meme-inspired cryptocurrency Shiba Inu (SHIB) asked the world's largest crypto exchange, Binance, a juicy question. But first things first.

Rising inflows to derivative exchanges usually indicate increasing leverage on SHIB.

Some coins have come back to the red zone, according to CoinMarketCap.

Shiba Inu (SHIB) appears to be preparing for a major price rally. Although the second largest meme coin has not followed the path of Bitcoin (BTC) yet, the SHIB community is anticipating a huge breakout.

Shiba Inu price struggles to hold the $0.00001859 support level. Can SHIB break above $0.00001939, or is a deeper correction ahead?

In a recent post, Shiba Inu's key representative, known as Shytoshi Kusama on social media, highlighted Shiba Inu (SHIB) as a standout asset within the crypto sphere, unveiling an impressive lifetime-to-date return of 33,774,726%. This was made in response to a widely shared infographic that says Bitcoin is the best-performing asset of the past decade with a 569,722% return.

Shiba Inu (SHIB) has shown resilience, despite trading 78.97% below its ATH. With a bullish trend ahead, will SHIB Price surge to new highs in 2024?

The price of Shiba Inu has continued on its uptrend despite ongoing Shibarium transaction slipoff.

Shiba Inu price breakout has caught the eye of the market, and analysts are calling for a revisit to the previous all-time high. One analyst has predicted that the price of SHIB could surge to $0.000081, with compelling reasons behind his forecast.

With the Bitcoin price inching closer to a new all-time high above the $73,800 mark, the meme coins are expressing a massive uptrend at play. The dog-themed meme coins rank high among the top performers in this bull run.

Shiba Inu token achieves multiple growth metrics with a 33,774,726% lifetime gain, increased burn rate, and surge in Shibarium transactions, while maintaining its position as the 14th-largest cryptocurrency by market cap.

Prominent tracking platform Shibburn has published a new update regarding the burn rate of the Shiba Inu meme coin, sharing data collected since last morning.

Shiba Inu's market capitalization surged above $11 billion to become the 14th-biggest cryptocurrency (flipping Avalanche).

Unusual, even anomalous, activity continues on the Shibarium blockchain, as the layer-2 rollup solution, developed by enthusiasts of popular meme-inspired cryptocurrency Shiba Inu (SHIB), saw another day of wild spikes in its metrics.

Shiba Inu whales rush into the WallitIQ ecosystem as analysts speculate the AI token will surpass SHIB amid its ongoing presale. #sponsored

In the cryptocurrency landscape, Shiba Inu (SHIB) is once again garnering investor attention with a notable price breakout, signalling a potential rally ahead. Following months of consolidation, SHIB's bullish sentiment is primarily driven by recent price action and the broader market trend.

Shiba Inu coin lead developer Shytoshi Kusama nabbed substantial investor attention with his bullish statements surrounding SHIB on Wednesday. The lead developer primarily revealed how the dog-themed meme coin outperforms Bitcoin (BTC), sparking market discussions.

Shytoshi Kusama, the mysterious lead of the Shiba Inu (CRYPTO: SHIB) ecosystem, highlighted the coin's impressive growth since its launch and the work ahead to gain further recognition. What Happened: On Tuesday, Kusama took to X to talk about the SHIB's lifetime growth, which stood at a staggering 33,774,726.7% from its all-time low, higher than those of Dogecoin (CRYPTO: DOGE), Solana (CRYPTO: SOL), and Binance Coin (CRYPTO: BNB).

Shiba Inus daily transaction volume surged to nearly four trillion SHIB, marking a significant increase driven by whale-tier trades. The renewed activity among large holders suggests potential support for SHIBs price, which could prompt upward momentum if sustained.

In a swift market shift, Shiba Inu (SHIB) gained nearly 10% over the last 24 hours after a 39 million SHIB burn ignited fresh momentum. Shibburn reports a 305% surge in the burn rate, fueled by a single large transaction that pushed SHIBs price to new highs, driven by heightened trading.

A new bullish price target has been set for the Shiba Inu price, with an analyst revealing the major trigger that could push this top meme coin to the $0.000081 level. This optimistic price forecast follows recent substantial gains experienced by Shiba Inu, indicating a potential for a major rally.

Shiba Inu appears to be displaying indications of a possible reversal. The asset is currently seeing a notable uptick in whale activity after struggling to regain its previous momentum.

In the ongoing potential bull run, Shiba Inu (SHIB), the popular and the second-largest meme coin is about to end its consolidation and is poised for a massive upside rally. This bullish speculation arises from the coin's positive price action and the continuous attention from investors and traders.

Thanks to a notable accumulation trend, whales have been igniting the Shiba Inu (SHIB) fire.

October hasn't been as positive for cryptocurrencies as expected. Bitcoin and other altcoins have seen unstable prices due to market volatility. With only a few days left in the month, Shiba Inu aims to make a robust breakout as Bitcoin holds above the $70K mark.

As Bitcoin approaches $73K, the top dog crypto Dogecoin leads the way for altcoins, catching short-sellers unawares.

With the market now undergoing a bullish momentum, Shiba Inu whales are flapping their fins in no small measure. The combined market capitalization has jumped by more 6.18% in 24 hours to $2.45 trillion.

Shiba Inu's (SHIB) market cap has surpassed that of Avalanche (AVAX) today, following a 7% price increase in the last 24 hours. This development means that the Shiba Inu crypto now has a market cap of $10.98 billion, making it the 12th most valuable cryptocurrency in the market.

Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) surged, riding Bitcoin's (CRYPTO: BTC) upward momentum past $72,000. What Happened: Coinmarketcap data shows meme coins nearing a $71 billion market cap, up 14.6% over 24 hours.

Shiba Inu could soar by 40% to reach $0.000030 if it closes a weekly candle above the $0.000021 level.