Shibarium, the layer-2 blockchain of the Shiba Inu ecosystem, has seen a staggering increase in transaction fees over the past 24 hours as, according to data from Shibariumscan, the total number of BONE spent on gas fees has jumped from 15.67 to 317 tokens, a staggering 2,024% increase.

Shiba Inu (SHIB) made waves in the crypto market, earning the title of Millionaire-Maker in 2021. However, its recent struggles have left investors looking for alternatives. In 2024, experts suggest that three cryptocurrencies—Rexas Finance (RXS), Ripple (XRP), and Chainlink (LINK)—could offer more promising millionaire-making potential.

In recent months, investor confidence and market traction for Shiba Inu have significantly declined. Even though the asset has transacted over 604 billion SHIB in the past day, its trading volume is still below $1 trillion, underscoring its difficulty in staying on the market.

Shiba Inu has caught the market's attention once again with a nearly 6% price rebound, signaling renewed bullish momentum for the popular meme coin. After a period of consolidation, this jump has raised speculation that the bulls might be returning to drive the price higher.

Meme coin leaders Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) have rallied 4.5% and 8% after the announcement of a 50-basis points rate cut in interest rates. What Happened: Interest rate cuts have prompted crypto traders to predict bullish momentum for the cryptocurrency markets.

PEPE price reclaimed the $0.00008 level on Sept 19, up 7% in 24-hours, amid rising market liquidity triggered by the US Fed Rate Cut announced on Wednesday.

After a brief period of broader market volatility, the bulls are back in action, with Shiba Inu (SHIB) in the spotlight after the U.S. Federal Reserve interest rate cut. The Fed shocked the global market on Wednesday when it unveiled a 50 basis point interest rate cut, the first time in four years.

Following a prolonged period of correction and consolidation, Shiba Inu (SHIB) may be set for a bullish breakout. This development comes after the Federal Reserve interest rate cut, which has driven crypto prices up.

A serious warning has been issued to the Shiba Inu and Bitcoin communities as clipper malware, known for altering crypto wallet addresses, has resurfaced. This dangerous software threatens to redirect funds to attackers wallets, putting users at significant financial risk.

Shiba Inu (SHIB) experienced a 129% surge in large transactions, with $33 million in SHIB moved by whale holders. This comes amid growing anticipation for Shibariums upcoming liquid staking platform, which is expected to drive further engagement and SHIB burns.

Artificial Superintelligence Alliance (FET) token is currently experiencing a dramatic increase in whale transactions, with large trades surging by 262%. This rise in activity comes despite a 10% decline in overall trading volume.

The Shiba Inu coin could see a breakout very soon. Recent developments in the Shib ecosystem are growing the bullish sentiments. Just last week, the Shibarium received a major Bor upgrade and Cancun hard fork to boost performance, security and scalability. Adding to these developments, Shiba inu launched the K9 mainnet just 12 hours ago.

As it approaches the apex of a symmetrical triangle pattern, XRP is getting closer to a pivotal moment in its price movement. This pattern frequently signals substantial volatility, and XRP might be preparing for a significant move higher.

The 7.8 million SHIB burn strategy could boost the memecoin if a key condition is met.

Whale activity hints at major growth for SHIB, supported by rising volume and accumulation trends.

Shiba Inu (SHIB) had surged slightly by around 0.5% at the time of writing to trade at $0.0000133. The price upsurge comes amid uncertainty across the broader cryptocurrency market.

Shiba Inu's Lucie exposes the inconvenient truth on why Bone ShibaSwap's (BONE) major listings are delayed.

It's not all rainbows and sunshine for an early SHIB holder, who has lately caved into a multi-million deficit.

Bitcoin is at a critical juncture, and analysts are divided about the potential impact of interest rate cuts on the market's direction.

The Shiba Inu community and the broader cryptocurrency ecosystem have been put on high alert following a critical malware warning. The alert centers around Clipper malware, a malicious software that targets cryptocurrency transactions, posing a significant threat to users' funds.

FET surges past critical trend line! Will FET hit $2.20 next with 76% gains on the horizon?

Dog-themed cryptocurrency Shiba Inu (SHIB) is seeing a surge in large transactions, increasing by 129% as whale activity resurfaces.

Analysts have taken notice of Shiba Inu (SHIB) recently, which sees an unusual strength even when the greater crypto market gets into chaos. Optimism for the massive upswing in price came after a recent breakout from a falling wedge pattern.

Check out which dog-themed meme coin made the headlines lately by registering an impressive price increase.

Ethereum-based latest meme coin NEIRO has gained significant attention recently after receiving support from some of the top crypto exchanges like Binance, KuCoin, and others.

One of the first people to invest in Shiba Inu (SHIB) and made $145 million during the 2021-2022 bull run is now looking to make a profit from a potential new meme coin.

Pseudonymous Shiba Inu social media marketing lead Lucie has addressed the SHIB community with a post that highlights the importance of the TREAT token, claiming that it will be a key element to the approaching “mysterious evolution” of the Shiba Inu ecosystem.

As the Shiba Inu ecosystem is preparing to enter a new era, the project's core member and head of marketing Lucie has offered insights into SHIB's mysterious evolution, emphasizing the crucial factor that will majorly drive the growth.

Leading meme coin Shiba Inu (SHIB) has recently attracted the attention of its largest holders, or “whales.” A key on-chain metric has indicated a potential buying opportunity, prompting these large investors to accumulate more SHIB tokens.

A ridiculous price increase or a short-term correction: what could be next for SHIB's price?

Despite the rising whale dominance, FET has still suffered a decline in trading activity by 10%. What's going on?

The official Shiba Inu (CRYPTO: SHIB) account on X has announced that tomorrow at noon EDT, the highly anticipated liquid staking platform, K9 Finance, will launch on the Shibarium network. What Happened: This new platform will allow users to engage in liquid staking for Bone ShibaSwap (CRYPTO: BONE), a key token in the Shiba Inu ecosystem.

Shiba Inu Coin price could be gearing up for an exciting breakout, with price action signaling the completion of a bullish reversal trend. As the market awaits this potential surge, the Shiba Inu ecosystem is making waves with the launch of a new liquid staking feature.

Shiba Inu has experienced a sustained decline over the past months. However, the latest price action indicates SHIB is breaking from the trend.

Discover how the activity of crypto whales could trigger an explosive growth of 7000% for Shiba Inu (SHIB).

Shytoshi Kusama, the leader behind Shiba Inu, has sparked speculation with his new X location, Whale. This cryptic move may suggest a major update, signaling involvement from a significant investor or upcoming expansion in the Shiba Inu ecosystem.

In a remarkable development, Shiba Inus burn rate exploded by 3,348%, erasing 7.8 million SHIB tokens within 24 hours. While the coins price dipped slightly, shrinking sell-offs and encouraging trends hint at a possible resurgence for the popular meme cryptocurrency.

The 50-day EMA crossing below the 200-day EMA is signaling a possible death cross, according to Bitcoin's technical indicators. The current chart indicates that the difference between the two moving averages has been closing, and this crucial cross may occur in the coming days.

A popular crypto analyst thinks the modular blockchain network Celestia (TIA) will collapse in price over the long term. Pseudonymous analyst Altcoin Sherpa tells his 222,800 followers on the social media platform X that TIA will plunge to below $1 eventually, though he acknowledges it could see some “random short squeezes” before that.

Shiba Inu (SHIB) has had a tough market in the last six months, losing more than half of its value. At $0.0000138 now, the token is down 70% from its March high of $0.000045.

TL;DR The Graph has launched improvements to accelerate dApp development on Solana. New tools make it possible to access and synchronize blockchain data without having to write code in Rust. These updates aim to reduce deployment times and costs, promoting the expansion of the Web3 ecosystem on Solana.

After going on an incredible run back in 2023, top Shiba Inu competitor FLOKI has swam into the mainstream of crypto investments. Its break toward the $1 billion market cap level solidified its position as one of the leading meme coins in the space.

The majority of the cryptocurrencies have returned to the green zone, according to CoinStats.

Shiba Inu lead Shytoshi Kusama has once again set the crypto community abuzz with a cryptic update to his X profile. This time, Kusama changed his location to "Whale.

Shiba Inu is stuck in a deep bear market after falling by over 71% from its highest level this year, making it one of the top laggards in the crypto industry. Shiba Inu (SHIB) was trading at $0.

The Graph's exponential growth underscores the rising demand for decentralized data solutions, potentially revolutionizing data autonomy and blockchain integration. The post The Graph clocks 1.95 billion monthly queries, registers 11-fold year-on-year growth appeared first on Crypto Briefing.

Shiba Inu's (CRYPTO: SHIB) relatively flat performance over the past week and month is accompanied by consistently rising burn rates. What Happened: The burn rate has skyrocketed by 14,506.9% thanks to a burn transaction of 25 million coins around 17 hours ago, according to Shibburn data.

Shiba Inu (SHIB) price has been moving sideways, fluctuating between $0.00001462 and $0.00001271 over the past few weeks. The altcoin has been stuck in this range since early August, looking for bullish cues to break free and rally upward.