From 4 p.m. ET on Friday, Cardano (ADA 0.69%), Polkadot (DOT 0.33%), and Avalanche (AVAX 1.38%) are among the worst performing large-cap cryptocurrencies, losing 39.3%, 33.7%, and 33.1%, respectively, as of 3 p.m.
The altcoin market crashed after Bitcoin fell below $100,000. This happened when Trump introduced new tariffs, including a 25% tax on imports from Canada and Mexico and a 10% tax on Chinese products. This caused threats of retaliation from these countries and upset global markets.
Bitcoin and select altcoins bounced back sharply, indicating solid purchasing demand at lower levels.
Fartcoin (CRYPTO: FARTCOIN) is recovering faster from a temporary market downturn than rivals Dogecoin and Shiba Inu, drawing renewed attention from traders on social media. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Fartcoin (CRYPTO: FARTCOIN) $0.7934 $793.4 million +38% -13.5% Pudgy Penguins (CRYPTO: PENGU) $0.01287 $809.2 million +0.6% -41.8% Dogwifhat (CRYPTO: WIF) $0.8185 $814.07 million -20.5% -26.9% Trader Notes: Trader Cold Blooded Shiller noted that Fartcoin has twice tested key resistance and is now breaking higher after a full wipeout of the past two months' upside.
On-chain data shows that short sellers are three times stronger than traders holding long positions.
After the massive liquidation event on the cryptocurrency market, which according to several estimates amounted to at least $8 billion, the price of popular cryptocurrency Cardano (ADA) experienced a 37% drop over the last 24 hours, hitting a low not seen since Nov. 10 at $0.506.
A fall below the support level of $0.31 could cause further dips for Cardano.
Details revealed by the popular tracking platform Shibburn show that over the past day, the key SHIB burn metric has demonstrated a massive plunge in light of the overall crypto market collapse that started over the weekend.
Charles Hoskinson, the founder of Cardano (ADA), recently shared details on the possibility of implementing a RLUSD and his discussions with key figures in the crypto space. Hoskinson revealed that negotiations are still ongoing and that progress could be made in March, following the completion of the NYDFS project.
The latest price analysis by Coinidol.com report, Shiba Inu (SHIB) prices have continued to fall gradually, reaching the predicted level of $0.00001429.
Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) suffered double-digit losses overnight as Bitcoin (CRYPTO: BTC) briefly slumped to $92,000. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin (CRYPTO: DOGE) $0.2571 $38 billion -12.6% -17.6% Shiba Inu (CRYPTO: SHIB) $0.00001484 $8.7 billion -13.5% -16.8% PEPE (CRYPTO: PEPE) $0.059745 $4.09 billion -19.2% -21.4% Trade Notes: Crypto trader Tardigrade reassured that DOGE's pullback is part of a macro cycle.
Shiba Inu (SHIB) has seen a sharp decline, plunging 20% in the last 24 hours to trade at $0.000014. The meme coin's weekly drop now stands at 25%, raising concerns over its price stability.
Cardano price plunged on Monday in line with the performance of other cryptocurrencies and the $263 million drop of its DeFi assets. So, how low can the ADA coin go in this broad-based crypto sell-off?
With its price falling below the 200 EMA, a crucial support level, Shiba Inu is currently experiencing one of its most critical moments. Due to this action, SHIB has returned to its February 2024 price levels, wiping out months of gains and igniting worries that the asset may drop below $0.00001 and add another zero to its valuation.
The Relative Strength Index (RSI) for the Shiba Inu (SHIB) price action reads a value of 24.94, which means that the bears are now in control of the altcoin's price action.
Shiba Inu's 32% weekend price drop to $0.000014 has attracted substantial whale accumulation, with large transactions surging to 4.3 trillion SHIB, suggesting potential price support despite broader market instability.
The broader digital currency ecosystem recorded its worst single-day bloodbath this year, with assets like Cardano (ADA) at the forefront. At the time of writing, the ADA price changed hands for $0.7012, down by 20.53% in the past 24 hours.
SHIB lost its spot in the top 20 crypto club as its market capitalization slipped under $8.5 billion.
While there's no guarantee that anyone will make money when investing in a silly meme coin like Shiba Inu (SHIB -24.14%), there are a few things you can do to maximize your chances of walking away with some cash, and minimize the risk of a total wipeout of your investment.
The crypto market is experiencing a major downturn, and Shiba Inu (SHIB) has not been spared. Over the past 24 hours, SHIB's price has fallen by 20% to $0.000014, marking a 25% drop for the week.
The cryptocurrency market has currently drifted into the severe red zone and There's been a significant drop in altcoins, especially with Ethereum, XRP, ADA and others seeing massive liquidations in minutes. A staggering $2 billion worth of liquidations have happened within 24 hours.
Charles Hoskinson, the founder of Cardano (ADA) and CEO of Input Output Global (IOG), delivered a wide‐ranging AMA on February 2, 2025, covering potential partnerships with the Internet Computer Protocol (ICP), Cardano's stablecoin strategies, Bitcoin interoperability, and ongoing initiatives with various countries.
Renowned meme cryptocurrencies Dogecoin and Shiba Inu price have illustrated an alarming drop as the week kicked off, primarily attributable to the broader market trends. Notably, SHIB price slumped to as low as the $0.000012 level intraday, whereas DOGE price plunged to the $0.2 level, sparking investor concerns.
Shiba Inu price has plunged below the $0.000015 mark on Feb 3, for the first time in 5 months, dating back to September 2024. On-chain data suggests whale investors are buying the dip.
Shiba Inu's ecosystem is seeing major shifts as Shibarium, its Layer 2 solution, gains adoption.
Cardano (ADA) fell 10.01% on Sunday, trading at $0.8312 by 11:58 (16:58 GMT) on the Investing.com Index. This marks its largest single-day drop since December 9, 2024.
The cryptocurrency market is seeing a massive sell-off during Sunday's trading session, with numerous digital assets declining.
Bears are controlling the initiative on the last day of the week, according to CoinStats.
Cardano's price has been correcting gradually over the last few months after a significant rally in November. Yet, there are multiple strong support levels available to push the price higher in the coming weeks.
Cardano is sliding lower, approaching a critical support level. Will ADA crash further or bounce back due to its current technical formation?
Dog-themed cryptocurrency Shiba Inu (SHIB) has seen a significant increase in its burn rate in the last 24 hours and since the past week.
The asset's value has dropped dramatically over the last few weeks, and Shiba Inu is in a freefall. Concerns about additional declines have been raised as the bearish momentum has accelerated, pushing SHIB further into negative territory.
Charles Hoskinson, co-founder of Input Output (IO) and the man behind the Cardano blockchain, officially launched the Wyoming Integrity Political Action Committee (PAC) on Jan. 31. Based in Cheyenne, Wyoming, this new initiative will reportedly target ethical procurement in the state's government contracts and tech projects.
Dogecoin (DOGE), Shiba Inu (SHIB), and XRP have unexpectedly crashed again, experiencing another bout of bearish momentum and starting February in the negative. This significant decline was driven by a major drop in the Bitcoin price following Donald Trump's Tariff plans and the controversy with DeepSeek.
The cryptocurrency market has been showing mixed signals, with several key assets like Shiba Inu (SHIB), Dogecoin (DOGE), and Bitcoin (BTC) experiencing significant price movements and technical shifts. While some are showing signs of stabilization, others are encountering bearish patterns, raising concerns about potential price declines.
The overall cryptocurrency market appears to be bleeding. In the midst of this market downturn,, ADA, the native token of the Cardano blockchain, is poised for a notable price decline. This bearish speculation for ADA is based on recent price action, overall market sentiment, and traders' strong bearish outlook.
With the cryptocurrency market gaining momentum, a major Cardano (ADA) investor has shifted 25% of his $10 million portfolio into three emerging altcoins under $3. As traders seek high-growth opportunities, investors are increasingly diversifying beyond established assets to capture early-stage gains.
Cardano (ADA), a leading proof-of-stake cryptocurrency, has been undergoing a consolidation phase over the last two months. Market analysts are optimistic about ADA's price potential, highlighting a possible 40% increase to $1.40 by March 2025.
The crypto market might be in for a surprise as a well-known crypto analyst predicts a significant rally for a competitor of Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB). What Happened: The analyst, known as Inmortal, shared on X platform that the meme coin Floki (CRYPTO: FLOKI) is showing a Relative Strength Index (RSI) pattern similar to one that previously resulted in a 200% price surge.
Shiba Inu (SHIB) has remained a prominent cryptocurrency in recent years, gaining attention from investors due to its potential for significant price increases. Despite recent struggles in the market, many holders are still optimistic about its future performance.
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Lightchain AI is emerging as one of the most promising cryptocurrencies, with analysts predicting an extraordinary 8000% growth potential in the coming year. As the demand for decentralized AI solutions surges, Lightchain AI is uniquely positioned to surpass other popular tokens, including Shiba Inu.
Shiba Inu key developer Kaal Dhairya has provided an important clarification regarding Shibarium, the project's Layer-2 solution. According to Dhairya, Shibarium is a sidechain built on Ethereum as opposed to many L2 solutions that can be costly to settle and often rely on centralized operators.
Cardano (ADA) has registered a significant open interest (OI) surge despite the coin's price volatility. In the last 24 hours, 1.31 billion ADA has been committed to open interest by investors trading ADA futures.
Cardano (ADA) founder Charles Hoskinson proposed an idea of how Cardano (ADA) might benefit from launching a liquidity pool with its three largest USD-pegged stablecoins. About 85% of his followers supported the proposal for USDA, DJED and USDM stable cryptocurrencies.
Shiba Inu price is much awaited to reach the $0.01 mark, with recent developments igniting optimism toward the monumental feat. Against the backdrop of a staggering 1.1 billion SHIB tokens burn in January and recent ecosystem advancements, market watchers are highly bullish on the dog-themed meme coin.
According to a recent tweet issued by Shibburn, the weekly burn rate of the second largest meme cryptocurrency Shiba Inu has displayed a large four-digit increase, surpassing 2,000%.