Data provided by the public Shibburn tracker shows that there has been substantial progress in removing SHIB meme coins from the circulating supply over the last day.

Traditional memecoins like Shiba Inu, Dogecoin and Bonk have a major edge according to recent listing trends on Upbit, the biggest exchange in South Korea. DeSpread claims that the South Korean exchange has been cautious when it comes to listing memecoins taking into account only those that have been traded for a minimum of two years.

Here's what signals that SHIB might be gearing up for a rally in the short term.

The broad-based CoinDesk 20 (CD20), a liquid index tracking the largest tokens by market capitalization, fell nearly 2% while bitcoin lost 1%

Dogecoin continued to demonstrate strong demand which has kept the bears at bay, allowing the memecoin to hold on to recent gains.

The renowned dog-themed meme crypto SHIB has once again fueled optimism among crypto market traders globally, recording a remarkable surge in the Shiba Inu burn rate on Wednesday. Latest burn data suggests that nearly 27 million coins were taken out of the supply, igniting market optimism surrounding the meme coin's future movements.

The approval of a DOGE Exchange-Traded Fund (ETF) could significantly impact the Dogecoin price, potentially driving it to new heights. Given the previous market response to Bitcoin ETFs, an approved Dogecoin ETF would likely attract substantial institutional investment and enhance market liquidity.

Shiba Inus Shibarium saw an astonishing 3,370% jump in transactions within days, skyrocketing from 3,690 to over 324,000. The surge hints at growing community adoption, though the exact trigger remains unclear.

In the wake of a minor price dip, whales have withdrawn 1.2 trillion Shiba Inu tokens valued at $21.7 million from centralized exchanges. Despite this massive accumulation, SHIBs price remains subduedraising questions about whats next.

A prominent cryptocurrency analyst who accurately predicted the collapse of Bitcoin in May 2021 is now making a bold call on the meme-inspired cryptocurrency Dogecoin, pointing to a potential substantial price increase as it breaks through a key resistance level.

As the Dogecoin price and Shiba Inu price compete for supremacy, a new contender, ETFSwap (ETFS), is capturing attention with an astonishing forecast of a $9,230% increase over the next 30 days, positioning itself as a potential game-changer in the crypto market. Dogecoin Gs.

At press time, Dogecoin was found to have gained significantly as it jumped to $0.141556 following a 1.77% growth that occurred within the last 24 hours. In a week, the meme coin has gone pretty high at a 30% increase which propelled its 24-hour trading volume to $1.9 billion with an upsurge of 35%.

Hopes of a rally toward $3,000 were raised by Ethereum's recent 15% price increase but it looks like the upward momentum has encountered a major obstacle. For ETH the 100 EMA has shown to be a strong resistance level and the assets recovery appears to have stalled at this point.

Traders might be closing their existing positions to minimize losses from liquidations.

Crypto analyst Trader Tardigrade has drawn the crypto community's attention to a historical pattern in which the Dogecoin price has replicated this cycle. The analyst indicated this is bullish for the foremost meme coin as he revealed what will likely happen next.

Cryptocurrency markets are trading sideways on Tuesday: Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $67,436.75 -0.03% Ethereum (CRYPTO: ETH) $2,626.50 -1.7% Solana (CRYPTO: SOL) $168.23 +1.3% Dogecoin (CRYPTO: DOGE) $0.1395 -2.3% Shiba Inu (CRYPTO: SHIB) $0.00001823 -1.3% Notable Statistics: IntoTheBlock data shows large transaction volume increased by 78.9% and daily active addresses dropped by 4.6%. Transactions greater than $100,000 are up from 5,769 to 8,957 in a single day.

Dogecoin (DOGE) sparks excitement within the cryptocurrency market, even attracting solid bets from retail traders amid surged profitability. Coinglass data confirms optimism among traders, with the positive Long/Short ratio suggesting bullish bets. That underscores confidence in Dogecoin's future price actions. Also, Dogecoin's performance has grabbed the attention of large-scale investors.

WallitIQ (WLTQ) and Pepe (PEPE) to lead crypto bull run with 90,000% gains as Dogecoin price is set to rally.

As the meme coin landscape evolves into a narrative of its own this cycle, coined the “meme coin supercycle,” crypto analyst Murad Mahmudov notes a shift in perception poised to reshape the cryptocurrency landscape – meme coin cults.

Shiba Inu's unusual support for its competitors sparks thoughts: what if its time is running out?

Due to heightened transactions, Dogecoin's on-chain data continues to be strong, with whales igniting the fire.

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

Crypto whale moves a significant 155 million DOGE tokens, worth $21.65 million, from Robinhood to an unknown wallet.

Shiba Inu whale transactions have skyrocketed by a whopping 240%, as large-scale investors have been seen moving trillions of SHIB tokens this week. Considering the significant increase in SHIB whale movements, the price of Shiba Inu could continue its previously halted uptrend to $0.00002.

Bitcoin is finding support in the $66,500 to $65,000 zone and Bitcoin ETF inflows suggest traders are buying the dips. Will altcoins follow?

Most of the coins are facing a correction today, according to CoinMarketCap.

The broader digital currency ecosystem slipped, with Bitcoin (BTC) leading the losses and altcoins followed suit. However, the price reversals have pushed many digital currencies in search of a price floor that can fuel their imminent rebound.

An amazing development has occurred for Shiba Inu (SHIB) amid the recent price dip. The broader crypto market witnessed a price correction, with Bitcoin (BTC) slightly dropping below its crucial levels.

With profitability reaching a bullish 80%, it is safe to say that Dogecoin has made a substantial comeback. The majority of Dogecoin holders are now in the money, according to this notable increase for both traders and long-term holders.

Shiba Inu price has seen a significant increase since its inception, and investors are speculating about the probability of the meme coin surging to $1. SHIB already has a massive market cap of $10 billion, and at an all-time high, it hit around $60 billion.

A trader who nailed the May 2021 Bitcoin (BTC) collapse is suddenly turning bullish on Dogecoin (DOGE). Pseudonymous analyst Dave the Wave tells 146,500 followers on the social media platform X that DOGE may be forming a bullish ascending triangle on the daily timeframe.

Recent price action has led many in the crypto space to predict a meme coin super cycle, in which giants of the niche including Dogecoin and Pepe will rise to insane valuations.

SHIB has fallen by 3.5% today, with the meme token's fall to $0.00001803 coming as the cryptocurrency market also sheds 3.5% in 24 hours.

Shiba Inu might net an extra +70% recovery gains if its reclaims $0.00003260. But short-term uncertainty remains.

Rising as one of the best-performing meme coins, Shiba Inu (SHIB) keeps making headlines in the crypto scene. The meme coin has jumped by over 30% during the past month, drawing both retail and analytical interest.

Within the next 100 days, Shiba Inu may be about to form a golden cross, which is traditionally regarded as a bullish signal on conventional financial markets. The onset of a notable uptrend is frequently linked to this technical formation, which happens when a shorter-term moving average (such as the 50-day EMA) crosses above a longer-term moving average (such as the 200-day EMA).

Dogecoin, the largest and perhaps the most popular meme cryptocurrency, has seen a massive upside over the past week, reviving optimism of a potential memecoin-led rally. At press time, Dogecoin was hanging hands for $0.1431, marking a 24% hike over the last week alone.

The cryptocurrency market is buzzing with activity as Shiba Inu (SHIB) recently posted an impressive 20% increase, discussions about a potential bull run. Meanwhile, Ethereum (ETH) is displaying some troubling patterns, and Solana (SOL) is hitting a critical resistance level at $160.

Dogecoin (DOGE) is creating excitement in the crypto world as it remains a favorite among retail traders. Recently, actions from large investors, have raised hopes for a big price increase. Meanwhile, top crypto analysts believe & current market indicators believe Dogecoin could reach $0.

Bitcoin (BTC) and other cryptocurrencies suffered a setback, registering a substantial drop late on October 21 and early on October 22. BTC dropped over 2% over the past 24 hours, while Ethereum (ETH) dropped further and is currently down by 3.54% over the past 24 hours, losing the $2,700 price level.

As the countdown to Halloween begins, Dogecoin (DOGE) finds itself at the center of attention in the crypto world.

Shibarium stunned the community earlier, as transactions on the layer-2 blockchain network skyrocketed significantly over the weekend. Per data from Shibariumscan, the layer-2 transactions moved from 3,690 on Oct. 17 to a high of 324,590 as of Oct. 19.

The Tesla and SpaceX chief took time at a Pennsylvania political rally in support of Donald Trump to clarify his stance on cryptocurrency, which he claims is still mostly casual.

Popcat (POPCAT) continued its surge, up 11% in the last 24 hours, to outpace the leading memecoin, Dogecoin (DOGE).

A Dogecoin whale has once again caught the eyes of crypto market participants globally, making a highly bullish move recently. On-chain data showcased that a whopping 155 million DOGE was accumulated by a whale, sparking optimism among investors surrounding the meme coin's future movements.

Former President Donald Trump's unconventional campaign stop at a McDonald's drive-thru gave the Shiba Inu (CRYPTO: SHIB) community an opportunity to flex their meme muscle, as they used clever wordplays to call attention to the ecosystem's cryptocurrency tokens. What happened: The Republican presidential nominee was seen serving customers and operating the fry cooker at the fast food joint in an effort to court working-class voters.

Dogecoin price has been a subject of intense speculation and analysis as recently, a top trader predicted that the asset could surge to $0.37 within the next two weeks. This bold prediction has sparked curiosity among investors, especially since that's an over 100% move from the current price.