Ryoshi, the creator of SHIB, had the idea for Treat to replace BONE as the reward token for ShibSwap. TREAT seeks to improve the Shiba Inu ecosystem's governance and trust.

Shiba Inu's pseudonymous marketing lead known as Lucie has taken to her X account to publish a post that discusses “shady bad actors” that target the cryptocurrency community around the globe.

Despite a spirited resurgence earlier this month and a brief period of consolidation, Shiba Inu (SHIB) could be on the brink of an even bigger rally.

In the last 24 hours, dog-themed cryptocurrency Shiba Inu (SHIB) has seen contrasting fluctuations in trading activity and whale movements.

Shibarium, the Shiba Inu (SHIB) Layer-2 protocol, appears set to hit a new milestone amid sustained adoption in the crypto space. This adoption has led to an increase in the number of Shibarium wallet addresses.

Shiba Inu lead Shytoshi Kusama has announced the launch of the TREAT token, a major addition to the SHIB ecosystem. Originally envisioned by SHIB's creator, Ryoshi, Treat is designed to replace BONE as ShibSwap's reward token and provide liquidity for SHIB, the ecosystem's stablecoin.

Data shared by the Shibburn tracking platform in a recently published X post shows that in the past day the burn rate of the popular meme-inspired cryptocurrency has demonstrated a mind-blowing five-digit increase.

The recent surge in the SHIB burn rate has sparked optimism, as evidenced by the recent Shiba Inu price rally. Notably, the burn rate has rocketed more than 4,100% today, bolstering market sentiment amid the already bullish momentum noted in the broader crypto market.

Shiba Inu price continued rising on Saturday, as analysts anticipated big moves ahead, with some expecting it to double, mirroring that of Dogecoin. Analyst Expects Shiba Inu Price To Break Out SHIB price was trading at $0.00002735 on November 23, up by 152% from its lowest point in August this year.

Shiba Inu (SHIB) could be gearing up for a significant price surge following the withdrawal of more than 1.67 trillion SHIB tokens from cryptocurrency exchanges. This massive outflow has raised expectations among analysts that the reduction in available supply could help drive up the price of SHIB.

Shiba Inu (SHIB) is currently consolidating after a massive rally earlier this month, which saw the token surge to $0.00003046 (on Binance). However, the momentum waned as SHIB retraced to levels below $0.00002303.

The market uptrend sparked by Donald Trump's November 5 US presidential election victory has entered its third week. Increased trading activity has pushed many major cryptocurrencies to new all-time highs, while lower-cap tokens have seen sharp value spikes, delivering significant gains to traders.

Bitcoin trades just a few hundred dollars from $100,000. What will altcoins do if the price milestone is hit?

A crypto analyst has drawn a distinct comparison between the Dogecoin and Shiba Inu price movements, noting that the trajectory of both meme coins closely mirrors each other. While he points out these similarities, the analyst has projected the next bullish target for Shiba Inu as its price action shows signs of a potential uptrend.

The burn rate for Shiba Inu ($SHIB) blew up by 2225% on Thursday amidst a surge of interest in meme coins. Shiba Inu tokens, which collectively have a market cap of $14.

Here's the latest achievement of Shibarium.

Shiba Inu's daily chart has been consolidating in a triangle pattern, suggesting a possible breakout in the near future. On-chain data does, however, point to a worrying pattern.

Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) are trading around 3% higher in a single day boosted by the optimism in the cryptocurrency market. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin $0.3923 $57.6 Billion +2.8% +5.3% Shiba Inu $0.00002496 $14.7 Billion +4.2% +3.1% Trader Notes: Analysts see bullish potential for the top two meme coins.

SHIB is gearing up for a massive bullish breakout as analysts predict a major upside for the altcoin, citing multiple bullish patterns. In a Nov.

Shytoshi Kusama, known in the crypto space as a leading voice in the ecosystem around the Shiba Inu (SHIB) token, made a number of high-profile comments on social network X. The comments touched on both the entire cryptocurrency market and the popular meme-inspired Shiba Inu token in particular.

Shiba Inu price continues to consolidate around a key level, but two unique chart patterns point to big a move ahead. If the pattern successfull breaks out SHIB could almost double in value.

Technical analysis reveals a bull pennant formation in Shiba Inu's price action, suggesting potential for a 53% rally to $0.000037 if the $0.000025 resistance level is breached.

Analyst and trader Ali Martinez is leaning bullish on one large-cap crypto asset while offering his insight on Bitcoin (BTC) and two altcoins.

Crypto whales acquired 1.67 trillion SHIB tokens from the exchanges in the past 24 hours.

An analyst has explained how Shiba Inu could kickstart a new rally to this price target if it can break through the $0.000025 resistance level. Shiba Inu Is Currently Trying To Break Past The $0.000025 Resistance In a new post on X, analyst Ali Martinez has discussed a pattern that has been forming in the SHIB price recently.

Shiba Inus supply took a significant hit on November 21, as its burn rate rose 2225% with 14.58 million tokens destroyed. Despite a 2% price decline, market sentiment stays bullish amid monthly gains and favorable on-chain trends.

Is Shiba Inu's bull flag formation a sign of market confidence or just a temporary spike?

The triangle pattern formation that Shiba Inu is currently showing on its daily chart may pave the way for noteworthy price action. In the case of SHIB, triangle patterns frequently signal a period of consolidation prior to a clear market move, which may provide the groundwork for a robust upward rally.

The GMMEME index, which tracks key memecoins such as PEPE, SHIB and DOGE, has surged over 90% in November.

Shiba Inu (SHIB) price has experienced a significant surge this November, riding the wave of a bullish cryptocurrency market trend. The meme coin has demonstrated robust upward momentum, signaling strong potential for continued growth heading into 2024.

Shytoshi Kusama, the pseudonymous lead developer of Shiba Inu, has laid out a strategic plan focused on driving mainstream adoption and enticing centralized exchange (CEX) support for Shibarium, Shiba Inu's Ethereum Layer-2 solution.

With Bitcoin (BTC) reaching new highs this week, altcoins have also drawn increased attention, notably with price momentum in meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB).

Shiba Inu (SHIB) is forming s a bull flag, signaling a move to $0.000037 if SHIB can break past the $0.000025 resistance, as just reported by Ali Martinez, a prominent crypto analyst who is considered a technical analysis expert.

Some coins keep setting new local peaks, while others have come back to the red zone, according to CoinStats.

Analyst predicts a major breakout for Shiba Inu, with a potential 60% price increase if the cryptocurrency can break through the $0.000025 resistance level.

The coin powering The Open Network, Toncoin ($TON), could soon overtake both its direct competitor, Avalanche ($AVAX), and the second biggest meme coin by market cap, Shiba Inu ($SHIB), according to the latest figures. Toncoin has barely moved at all in the last 24 hours, and still trades for around $5.42.

Check out the latest alert issued by Shibarium Trustwatch.

Shiba Inu (CRYPTO: SHIB) is gaining bullish momentum as traders eye a potential breakout off the back of Bitcoin hitting a new all-time high. What Happened: Shiba Inu's burn rate has increased by 209%, with 11.6 million SHIB removed from the ecosystem in the past 24 hours, according to Shibburn data.

In the midst of the ongoing crypto rally, Shiba Inu (SHIB) has been a noted success. The meme coin is currently the 11th largest cryptocurrency by market cap, although it often breaks into the top 10 on account of price action.

SHIB has declined by 2% daily amid an overall decline of the entire meme coin niche.

SHIB's burn rate increased by 2200% with 14.58 million tokens destroyed, reducing total supply to 589.26 trillion while maintaining a 30% monthly price gain despite a small daily decline to $0.00002386.

The latest SHIB burn rate data has once again sparked noteworthy bullishness surrounding the renowned dog-themed meme token, Shiba Inu. The token's burn rate witnessed a whopping 2200% uptick on Thursday, amid reports of a potential rally in the asset's price ahead.

Shiba Inu recorded an eye-catching 14.84 trillion in transaction volumes over the past 24 hours. As whales scale back their activity, SHIBs struggle at key support levels could signal either a breakout or a deeper correction.

The Shiba Inu team has issued an urgent scam alert following a surge of fake accounts and tokens exploiting Shibarium users. Community members are reminded to prioritize safety, verify all information, and avoid engaging with suspicious groups or individuals.

The cryptocurrency market is experiencing renewed excitement as Bitcoin (BTC) has surpassed a significant price level of $92,000, strengthening its position in the ongoing bullish cycle. This surge marks Bitcoin's breakout above a long-established descending channel, accompanied by high trading volumes, suggesting strong participation from both institutional and retail investors.

Shiba Inu (SHIB), the second-largest crypto meme coin is on the radar of whales and institutions amid ongoing price consolidation, signaling a bullish trend. According to the on-chain analytics firm IntoTheBlock, SHIB's large transaction volume has surged by 98% in the past 24 hours, indicating significant participation from whales and institutions.

By 2024, the cryptocurrency market has seen the rise of a fully developed meme coin sector. Known for their high volatility, these assets offer the potential for massive returns — but they come with equally high risks.

A detailed analysis by blockchain analytics platform Bubblemaps has uncovered the activity of an early Shiba Inu whale whose investment has grown significantly but continues to HODL.