The metrics from the broader market regarding the recovery of meme coins like Shiba Inu (SHIB) and Dogecoin (DOGE) show an interesting twist. Data from the crypto analytics platform IntoTheBlock shows a significant divergence in the whale activities from SHIB and DOGE.
The cryptocurrency market is reacting to the upcoming US Presidential election after more than $288M was liquidated within 24 hours per Coinglass. Out of these liquidations, $142M were long, while $86M were short.
Shiba Inu's ecosystem has been expanding rapidly in the past year, thanks in part to Shibarium, its layer-2 platform. Interestingly, recent data shows Shibarium has seen an impressive uptick in activity, with daily transactions reaching 4.68 million in the past 24 hours.
Crypto analyst Master Kenobi has provided an update on his FLOKI master plan. The analyst revealed that his initial analysis had been invalidated and mentioned what was next for the Shiba Inu competitor with this development.
Solana, Shiba Inu, and XRP are at key levels. Will they break out or face more selling pressure?
Spot On Chain says that Gemini, one of the biggest U.S. cryptocurrency exchanges, recently moved a lot of funds into a new multisignature custody wallet. The wallet, which was created just 18 days ago, has quickly amassed a lot of altcoin holdings, including a major acquisition of 200 billion Shiba Inu (SHIB) tokens valued at around $3.39 million.
Recently Shiba Inu has drawn attention due to an intriguing pattern in its on-chain data rather than a sharp price increase. SHIB has demonstrated stability in spite of its somewhat difficult market position, which is marked by low volatility and subdued price activity.
A newly created Gemini multisig custody wallet bets big on four crypto recently, sparking market speculations. The wallet created just 18 days ago, spent more than $113 million to accumulate Ethereum, SHIB, PEPE Coin, and LINK crypto.
The latest data from IntoTheBlock shows that large-scale transactions in Shiba Inu (SHIB) have increased by over 361% in the past 24 hours. The number of transactions in USD went from $10.95 million to $39.6 million, with the total amount of SHIB going from 628.55 billion to 2.34 trillion tokens.
One of the Shiba Inu team's social media admins known as @DavinciShib on the X platform has published an important warning to the Shiba Inu community.
Shiba Inu's Lucie anticipates a November bull run while expressing caution amid the uncertainties of the US election.
The Shiba Inu (SHIB) burn rate has displayed an unusual anomaly in the past 24 hours. After a landmark rally in the past week, the last time any SHIB entered the burn wallet was two days ago.
In a post on social media platform X, Lucie, the Shiba Inu marketing lead, expressed expectations for a November bull run and plans to seize the opportunity with a few interesting cryptocurrencies.
For the Shiba Inu price to reach $1, several key factors must align perfectly. This price milestone would require substantial changes in market conditions that would propel it to new heights.
Recently Shiba Inu's volatility has dropped to almost zero and the asset has been trading in an exceptionally narrow range. The price floor $0.000016 has served as a bulls' line of defense and the token is remaining stable around it.
The cryptocurrency market has seen a surge of interest in meme coins, with tokens like Shiba Inu and Dogecoin making headlines in past years. However, 2024 has introduced a new contender: Vantard. This nascent project has quickly raised over $306,000, achieving the title of the year's most promising crypto presale.
Shiba Inus enigmatic developer Shytoshi Kusama took to X to voice his exasperation, warning SHIB fans of new scam tactics exploiting his online presence. He emphasized the importance of verifying information through official SHIB channels.
Following a notable uptick in September, Shiba Inu has been in recovery mode for the past few weeks. Important moving averages on the chart have converged, which has put SHIB on traders' radars as they watch for an impending volatility spike.
Shiba Inu (SHIB) experienced a notable boost last week, driven by a broader crypto market rally spearheaded by Bitcoin and Ethereum.
The price of Shiba Inu (SHIB), the popular meme-inspired cryptocurrency, has recently come under a lot of selling pressure, dropping over 6.1% in the past 24 hours. Right now, SHIB is trading at $0.0000164, which is close to the low it hit in late October.
The recent fluctuations of Shiba Inu raise concerns and hopes among crypto investors. Is this the right time to invest?
The dog-themed cryptocurrency Shiba Inu (SHIB) has seen a surge in its burn rate, skyrocketing by an astonishing 6,153% over the past week.
In contrast to the trillion-level transactions that were the on-chain activity for Shiba Inu, the same level has significantly declined with only 628 billion SHIB transacted in the last 24 hours. This declined volume raises concerns about the long-term viability and market appeal of SHIB by pointing to a potential change in whale activity.
The crypto universe has closed another week with remarkable developments unfolding across the broader sector. While Ripple vs.
The Shiba Inu price movement has been marked by ups and downs in the past seven days. Particularly, the meme coin rallied from $0.00001660 to $0.00001996 in three days before dropping sharply to $0.00001770 in the three days after.
Despite a massive burn rate spike, SHIB might struggle to break out of its historical price trends.
The Shiba Inu burn rate has experienced a dramatic rise, soaring by over 24,271% in just one day. This massive token burn, as reported by the Shibburn tracking platform, coincides with a notable uptick in Shibarium transactions.
The cryptocurrency market is mainly falling today, according to CoinStats.
In October, Shiba Inu's (SHIB) price increased by 10%, driving speculation that the token could extend this rally. But as November began, things seemed to have changed.
Shibarium's impressive transaction count blowout since the last week of October has sparked excitement in the Shiba Inu ecosystem. However, the daily transaction volumes have since dropped considerably compared to the stunning 4.77 million recorded on that occasion.
The mysterious SHIB lead developer known to the community under the pseudonym Shytoshi Kusama has published a thread on his account on the X social media network (formerly known as Twitter).
Shiba Inu's price action in November could surprise a lot of people!
Check out what may prompt a significant volatility in the meme coin niche in November.
The Shiba Inu price has seen a slight decline over the past 24 hours, suggesting that some traders may be taking profits after its recent price rally that peaked at $0.00001972. This dip, however, hasn't dampened the overall bullish outlook for the meme coin.
In a mysterious Growvember post, Shiba Inus lead Shytoshi Kusama hinted at possible developments for SHIB this November, sparking speculation of new releases and staking rewards. The SHIB community is on high alert as Kusama keeps details under wraps.
Shytoshi Kusama, the lead of the Shiba Inu project, has made a bold request to Ethereum co-founder Vitalik Buterin. Kusama wants 10 minutes of Buterin's time to showcase SHIB's potential.
October has been an eventful month in the crypto market with positive price movements from digital assets. Dogecoin and Shiba Inu, for example, have made a remarkable recovery.
Shiba Inu (SHIB), the meme-inspired cryptocurrency, recently entered a consolidation phase amid a broader market slowdown. Despite current challenges in maintaining stability, SHIB has surged 123% over the past year.
Markets have started to sell-off, and Bitcoin needs to hold $70,000 for the BTC and altcoin rally to continue.
Shiba Inu (SHIB) is showing signs of a potential upward movement, as market analyst Alex Clay identifies a bullish Inverse Head and Shoulders pattern on the daily chart. This technical formation is often viewed as a reliable signal for trend reversals, suggesting that SHIB could be preparing for a significant breakout in the near future.
The Shiba Inu burn rate skyrocketed by 252,910% as $100,000 worth of SHIB tokens was burnt in one transaction. This typically presents a bullish outlook for the Shiba Inu price, but the scam detector platform Susbarium has explained to investors why they should be wary of such token buns.
The enigmatic Shiba Inu lead developer Shytoshi Kusama has taken to his official account on the X social media platform (widely known as Twitter in the past) to deliver a message to the SHIB army.
Recently, the price of Shiba Inu hit a critical point on the chart at $0.000017, which is just above a crucial support level created by a group of moving averages and a large on-chain cluster of 274 trillion SHIB at the breakeven price level. SHIB appears to be at a turning point; according to the daily chart, any additional decline could send the asset into bearish territory.
DTX Exchange becomes the ‘bullcoin' of Q4, as the presale soars past $6.3 million. Priced at $0.08, the DTX token has emerged as the ultimate winner of this bull run, outpacing established players like Shiba Inu and Cardano (ADA).
“Dogecoin Killer” Shiba Inu (CRYPTO: SHIB) has seen a sharp increase in its burn rate, accompanied by a rise in daily transactions. What Happened: Over the past 24 hours, the Shiba Inu ecosystem recorded a 254,078.1% spike in its burn rate, with 5.6 billion SHIB tokens burned in a single transaction, according to Shibburn.
The Shiba Inu (SHIB) ecosystem recorded an unexpected boom in its burn rate in the past 24 hours, as total assets torched soared. Jumps in the burn rate are not uncommon; however, over the past few weeks, only a few thousand SHIB have been sent to dead wallets, making the current billions of SHIB figure a rare occurrence.
The Shiba Inu community witnessed a major burn rate spike, yet despite the decreased supply, caution is advised by security experts.