Shiba Inu burn rate continues to deal a massive blow to the meme coin's circulating supply, surging nearly 1000% this Saturday. Recent statistics from the token's official burn tracker revealed that almost 17 million coins were removed from the circulating supply in just a day.
Dogecoin's recent attempt at recovery has quickly unraveled, and a deceptive price structure is starting to form beneath the surface. A short-lived rally driven by external news (specifically, Donald Trump's announcement to pause tariffs sparked optimism across the market, but that optimism is fading just as fast.
Dogecoin (DOGE) is approaching a critical resistance level at $0.17, a pivotal point that could determine its next major move. After weeks of weak consolidation, DOGE has shown signs of recovery, boosted by a notable increase in daily trading volumeits highest in weekssuggesting renewed trader interest and potential for upward momentum.
Shiba Inu (SHIB) has seen a sharp resurgence in its token burn activity, recording a staggering 580.28% spike in burn rate over the past 24 hours, according to Shibburn. This follows several days of subdued burn activity, sparking renewed optimism within the SHIB ecosystem.
Dogecoin (DOGE) is making headlines after a massive 24-hour liquidation event coincided with a broader crypto market recovery. Triggered by the U.S. decision to pause trade tariffs, the overall market experienced liquidations totaling $468.45 million across 131,342 traders, according to CoinGlass data.
Shiba Inu (SHIB) is battling to maintain its position among the top 20 cryptocurrencies by market capitalization, as it faces stiff competition from Sui Network (SUI). SHIB is currently priced at $0.00001202, up 0.84% over the past 24 hours, according to CoinMarketCap.
FLOKI might be brewing its next big breakout on the charts.
Bearish pressure is building up again around Dogecoin after a slight upward move caused by a renewed bullish sentiment in the general crypto market. While the ongoing volatility may have impacted DOGE significantly, key developments in its price trend paint a positive outlook for the dog-themed meme coin as the upside momentum grows.
Dogecoin (DOGE), once dismissed as a mere meme, is now commanding significant attention in the crypto market. A recent deep dive by 21 Shares, a leading asset manager and crypto ETP investing platform, has unveiled the meme coin's massive potential, positioning it as a formidable player in the crypto space.
XRP has officially crossed back above the psychologically and technically critical $2 mark, setting the stage for a potential rally toward $2.50 in the near term. A crucial indicator that has traditionally indicated trend reversals on cryptocurrency markets, the 200-day Exponential Moving Average (EMA) is regained by the asset as it gains momentum.
SHIB burn rate and price note a resurgence, but volume remains in the red. What does this mean for the SHIB ecosystem?
Cryptocurrency markets are trading higher on Friday, amid Florida passing a Bitcoin reserve bill. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $83,687.73 +5.5% Ethereum (CRYPTO: ETH) $1,565.31 +3.3% Solana (CRYPTO: SOL) $120.10 +8.4% XRP (CRYPTO: XRP) $2.03 +4.3% Dogecoin (CRYPTO: DOGE) $0.1599 +4.6% Shiba Inu (CRYPTO: SHIB) $0.00001220 +5.7% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 12.3% and daily active addresses grow ingby 5.6%.
Cryptocurrency analyst Davinci Jeremie, who became popular following his 2011 advice to purchase Bitcoin when it was only priced at $1, has shared his take on whether Shiba Inu (SHIB) is ever going to hit the $1 price target. In a recent video, Jeremie delved into the mathematical reality behind such a price prediction and
Bitcoin (BTC) is showing strength as buyers have pushed the price above $82,500, but higher levels are likely to attract solid selling from the bears. CryptoQuant analysts said in a recent market report that Bitcoin could face resistance around $84,000, but if the level is surpassed, the next stop may be $96,000.Although trade tensions between the United States and China have flared up, institutional crypto investment firm Bitwise remains bullish on Bitcoin.
Dogecoin (DOGE 5.59%) is one of the most popular meme coins today with a market cap of $24 billion. And that's after a sharp 50% drop year to date.
Despite bears' pressure, most of the coins are in the green zone today, according to CoinStats.
The price of Shiba Inu is in consolidation as bulls fight to keep the coin from dropping, sliding off the top 20 assets ranked by market cap. In reality, the meme coin is fighting to reclaim its lost ranking from Sui Network, with market capitalization for both assets almost closely matched.
The ongoing Dogecoin price crash that has seen it plunge by over 67% from its highest point in November last year could be about to end, a top crypto trader said. The trader noted that DOGE had formed a rare chart pattern that often leads to substantial gains over time.
SHIB has risen by 0.5% today, yet its weak momentum in recent weeks suggests that now may be the time to invest in a new and more promising alternative. The post Will SHIB Miss the Next 1,000% Rally? Investors Are Already Piling Into This Other ICO appeared first on Cryptonews.
With the growing competition in the blockchain ecosystem, Shiba Inu's Layer-2 blockchain, Shibarium, is struggling to keep up with its competitors as its daily trading volume plunges to only $21,000, far behind rivals like Polygon and Base. This raises concerns for Shiba Inu investors as traders seem to be shifting their focus elsewhere.
Crypto analyst Kevin (@Kev_Capital_TA) has shared a chart that overlays the Global Liquidity Index (yellow, plotted above) on top of Dogecoin's price action (candlesticks in purple, plotted below). The visual comparison highlights a number of parallel channels and key trend lines that have previously aligned with turning points in Dogecoin's trajectory.
Despite recent weakness, some traders believe Dogecoin (CRYPTO: DOGE) may be gearing up for a reversal. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin (CRYPTO: DOGE) $0.1578 $23.5 billion +1.1% -2.6% Shiba Inu (CRYPTO: SHIB) $0.00001195 $7.04 billion +0.3% -0.8% Pepe (CRYPTO: PEPE) $0.056830 $2.9 billion +1.5% +0.05% Trader Notes: Crypto outlet Bitcoinsensus highlighted a potential Wyckoff Accumulation forming on DOGE's 4-hour chart — a classic pattern that often precedes large rallies.
Though its on-chain metrics, especially the startling 548 trillion SHIB held by addresses that are currently out of the money, tell a true story, Shiba Inu is displaying unexpected resilience on the market. There is tremendous pressure on the asset to break important resistance levels because almost 88% of SHIB holders are sitting at a loss.
The Trump tariff pause the pause offers “breathing space” while keeping pressure on China, said one analyst.
Where is SHI? The long-awaited one cent stablecoin issuance witnesses another delay due to a regulatory shift.
There have been multiple Dogecoin developments in the past week that have set it on a path to a price surge that could potentially see it reach new peaks. These developments range from general improvement in market sentiment to adoption into payment systems, and the long-waited exchange-traded funds (ETFs).
Dogecoin (DOGE) has taken a significant step forward with the release of Libdogecoin version 0.1.4, a foundational C library designed to simplify the integration of Dogecoin into various applications.
Frog-themed meme coin PEPE has confirmed a death cross on its four-hour chart, a bearish technical indicator triggered when the 50-period simple moving average (SMA) crosses below the 200-period SMA. This development signals potential downside momentum, especially as PEPE continues to trade beneath key moving averages on both the four-hour and daily charts.
Dogecoin (DOGE) has rallied 6.6% in the past 24 hours, defying bearish sentiment across the broader crypto market. This surprise rebound came after a pause in global trade tariffs triggered widespread liquidations, totaling $468.45 million across 131,342 traders, according to CoinGlass.
Shiba Inu (SHIB) may be nearing a potential rebound, as its Relative Strength Index (RSI) hovers just above 35close to the oversold threshold. Historically, dips into this RSI zone have preceded short-term price bounces for SHIB, and the current 3.5% recovery from the $0.0000106 level suggests renewed buyer interest near critical support.
Dogecoin (DOGE) has shown resilience amid a volatile crypto market, recording an impressive $1.95 billion in trading volume over the last 24 hours, despite a 25% drop compared to the previous day. At the time of writing, DOGE is down 5.41% in the past 24 hours, trading at $0.146, with a 7-day loss of 14.6% and a monthly decline of 16%.
Dogecoin struggles at $0.15 after whale sell-offs totaling $190 million, while 21Shares joins the DOGE ETF race with 64% approval odds for 2025.
21Shares, one of the world's largest issuers of crypto exchange-traded products (ETPs), has applied for a spot exchange-traded fund based on Dogecoin (DOGE) in the US, backed by the House of Doge, underscoring the growing institutional interest in the OG meme cryptocurrency.
The leading meme coin Dogecoin has surged nearly 1% today, defying the broader market downturn momentum, with 6.96 billion coins traded over the last 24 hours. However, although the number seems big, it appears that the ongoing DOGE price surge is less likely to be sustained ahead.
Market volatility saw traders chase options for hedging and speculative activities.
Official marketing expert of the SHIB team known under the pseudonym Lucie has addressed the SHIB army with a warning, explaining how things stand in the crypto space and how to avoid getting scammed.
With a price of $0.1725 and a current market capitalization of $25.6 billion, Dogecoin (DOGE) has been a leading player in the cryptocurrency scene. Introduced initially as a meme coin, DOGE's appeal exploded under Elon Musk's sponsorships, broad community support, and use as a tipping and payment token.
The race for the first U.S. spot Dogecoin (DOGE) ETF intensified this week as 21Shares officially submitted a filing to the U.S. Securities and Exchange Commission (SEC) on April 9.
Assessing DOGE recovery prospects as ETF race heats up.
Swiss asset manager 21Shares has openly endorsed Dogecoin, stating that the cryptocurrency has developed a long way from its origins as an online meme. The company cited Dogecoin's whopping 130,000% price appreciation over the last decade as evidence of its longevity within the turbulent crypto space.
A new technical analysis based on the Order Block (OB) and Candle Liquidity Sweep (CLS) model suggests that Dogecoin (DOGE) is forming a bullish reversal structure that could lead to a 50% price surge.
The cryptocurrency market cap dropped 2.80% in 24 hours to $2.54 trillion following President Donald Trump‘s sweeping tariff announcement, imposing a 145% duty on Chinese imports and a 10% universal tariff on most other goods. Cryptocurrency Gains +/- Price (Recorded at 9.47 p.m.
The second-largest cryptocurrency by market capitalization, Ethereum, is exhibiting warning indicators as it tries to regain stability above crucial support levels. ETH is now trading at about $1,960, having dropped sharply from its peak of about $4,000 earlier in this cycle.
Asset manager 21Shares has partnered with the House of Doge, the corporate arm of the Dogecoin foundation, to launch a Dogecoin ETP in Europe. The asset manager also just filed to offer a US DOGE ETF, becoming the third firm to do so.
House of Doge, the official corporate arm of the Dogecoin Foundation, has announced an exclusive partnership with 21Shares to launch the only Dogecoin (DOGE) exchange-traded products (ETPs) officially endorsed by the Foundation.
The multi-billion-dollar asset manager follows in the footsteps of competitors Grayscale and Bitwise and has been endorsed by the Dogecoin Foundation. Dogecoin Foundation Backs 21shares for Dogecoin ETF Swiss-based 21shares, a $7 billion crypto exchange-traded fund (ETF) management firm, filed for a spot dogecoin ETF with the U.S. Securities and Exchange Commission (SEC) on Wednesday.
The development team at Shiba Inu is appealing for calm after the popular meme cryptocurrency is experiencing intense market pressure. The meme coin that is ranked second largest has lost 9% in value over the last week and has contributed to a 40% drop since January 2025.