Shiba Inu (SHIB) price has entered a critical phase as multiple technical indicators suggest conflicting signals for its short-term trajectory. The popular meme coin has faced significant selling pressure over the past week, dropping 20% and seeing its market cap decline from $15 billion to $12.5 billion.
Cryptocurrencies fell this weekend and into today, as investors grappled with a potentially more hawkish Federal Reserve, which could lead to fewer rate cuts than hoped for in 2025.
Dogecoin, Pepe, and Peanut technical analysis reveals mixed prospects, with potential rebounds and bearish risks for December 2024 and January 2025 sessions.
DOGE's next rally? Historical data hints at a potential 12,000% surge as activity spikes!
Shiba Inu (SHIB) has become a popular strategy for those seeking early retirement, but how much of this digital asset do you need to accumulate to reach the $2 million retirement threshold? While the answer depends on factors such as the price of SHIB and the size of your initial investment, we'll break down potential scenarios to give you an idea of what it takes to retire early with this cryptocurrency.
Cryptocurrency markets are trading lower on a low-volume Monday. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $92,996.64 -3.2% Ethereum (CRYPTO: ETH) $3,313.40 -0.3% Solana (CRYPTO: SOL) $184.82 +0.9% XRP (CRYPTO: XRP) $2.16 -4% Dogecoin (CRYPTO: DOGE) $0.3108 -2.5% Shiba Inu (CRYPTO: SHIB) $0.00002168 -1% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 20.6% and daily active addresses falling by 0.02%.
Dogecoin price, a leading meme-based cryptocurrency, has dropped over 25% this week amid a broader market downturn. Bitcoin's price also slipped, falling to $93k, adding pressure to market sentiment.
Dogecoin (DOGE) has faced significant volatility, with the price plunging 45% from its multi-year high of $0.48. Despite the sharp correction, DOGE has managed to hold above the critical $0.30 level, providing hope for a potential rebound.
The Doge-inspired meme coin Shiba Inu ($SHIB) has faced a massive selloff, which has pulled $SHIB's value down 21% over the week to $0.000022.
Bitcoin remains under pressure, but the bulls are expected to defend the $90,000 support.
Crypto analyst Master Kenobi has presented a master plan, suggesting that Floki (FLOKI), a dog-themed meme coin, is on the brink of a massive breakout. While Dogecoin (DOGE) and Shiba Inu (SHIB) have experienced notable price surges in the past, Floki is projected to skyrocket by at least 1,100% in Q1 2025.
Shiba Inu has achieved a 936% surge in its burn rate, permanently removing millions of SHIB tokens from circulation. Despite the milestone, SHIBs price remains locked below critical levels, struggling to gain upward momentum.
Dog-themed cryptocurrency Dogecoin (DOGE) is marking a significant milestone in its history. Seven years ago, on Dec. 22, 2017, Dogecoin's market capitalization surpassed the $1 billion mark for the first time.
Shibburn tracking platform spread the word about a substantial increase in the pace at which SHIB meme coins are being driven out of the circulating supply. Several million SHIB have been transferred to dead-end wallets.
Recent price movements suggest a potential resurgence of Dogecoin's upward momentum in the midst of growing volatility within the general crypto market. As a result, several crypto analysts continue to display robust confidence in the dog-themed meme coin's upside trajectory toward higher levels.
The crypto world moves fast, but for some reason, Dogecoin (DOGE) is still on the sidelines of one of its most profitable advancements — exchange-traded funds. Nate Geraci, president of the ETF Store, is confused about why there is not a Dogecoin ETF yet.
TL;DR Dogecoin (DOGE) has gained momentum recently due to speculation around a potential spot ETF filing and substantial whale purchases, despite a recent price correction. Speculation about a Dogecoin spot ETF filing has been fueled by comments from Bloomberg senior ETF analyst Eric Balchunas.
Shiba Inu (SHIB) price is struggling to maintain an uptrend as Bitcoin remains stunted below the $100,000 mark. Shiba Inu's price is pegged at $0.00002172, down by 1.39% in 24 hours, per CoinMarketCap.
Offering on various networks increases visibility and distribution for a token, helping drive investment and usage among network users.
Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) show strong fundamentals, but the trader community remains hesitant about their potential to outperform other trending cryptocurrencies. What Happened: Shibburn data shows 6.02 million SHIB tokens burned in the past 24 hours, driving the burn rate up by 661.7%.
Crypto analyst Behdark has provided an in-depth analysis of the Dogecoin price roadmap to its current all-time high (ATH) of $0.75. In his analysis, he explains why Dogecoin could still witness a significant correction before it rallies to its current ATH.
As on-chain data shows, almost half of its investors are losing money as Shiba Inu is currently going through a difficult period. Only 53% of SHIB holders are in the money or have profitable investments at the moment, while 43% are losing money, according to profitability metrics.
Two projects in the realm of cryptocurrencies that have already made innumerable early investors millionaires are Solana (SOL) and Dogecoin (DOGE). While DOGE famously shot from fractions of a cent to over $0.70, generating a tsunami of life-changing money, SOL shot from just a few bucks to its all-time high of $260.
DOGE is down by over 20% in the past week alone.
Few assets have demonstrated more millionaire-maker potential than Shiba Inu (SHIB -0.92%), a controversial cryptocurrency that soared by 45,278,000% in 2021. But this unprecedented rally was based on hype instead of sustainable fundamentals, and the token gave back most of its gains by mid-2022.
The concerns over meme coin season have increased, as witnessed by the volatile trading with many top coins like DOGE, SHIB, WIF, and others, continuing their declines today. Meanwhile, the decline comes amid a gloomy sentiment noted in the broader crypto market, indicating a shifting market focus.
As Dogecoin (DOGE) struggles with short-term bearish sentiments, historical price movements and technical indicators suggest the top meme coin might be poised for another parabolic rally.
The year 2024, which began with the banging launch of the US Bitcoin spot exchange rraded funds (ETFs), is ending with the hopes that more crypto-linked investment products will soon enter the market. Bloomberg's Eric Balchunas even agreed with the ETF Store's president on the surprising absence of filings for a Dogecoin ETF.
Amid the market volatility, Dogecoin prepares for a rebound rally. Supporting the bullish ideology, a market analyst puts a highlighted optimistic target of $20 for the dog-themed meme coin. However, the changing landscape in the derivatives market warns of a rocky ride ahead.
In a strategic move amid a volatile crypto market, large investors, commonly referred to as "whales," have accumulated over 250 million Dogecoin (DOGE). This significant acquisition occurred while the price of dogecoin was declining, drawing market attention due to its timing and magnitude.
Billy Markus, known on social media as Shibetoshi Nakamoto, who created the original meme cryptocurrency Dogecoin, has triggered the community with a recent ironic tweet about being rich.
Bitcoin (BTC) and other cryptocurrencies suffered a bloodbath over the weekend as markets dropped significantly. In just over 24 hours, BTC dropped from around $108,000 to its current level of $95,000, as the Fed's announcement about reducing rate cuts in 2025 hit the market hard.
The 24-hour Dogecoin price action has been highlighted by a range between $0.3049 and $0.3229 as both the bulls and bears work to break into either side.
The unprecedented victory of the cryptocurrency industry over the traditional financial sector has fueled the mainstream adoption of altcoin projects in the recent past. The overwhelming support of crypto-friendly US leaders has changed the entire perspective of digital assets, especially by institutional investors during the past few weeks.
Popular dog-themed cryptocurrency Dogecoin (CRYPTO: DOGE) spiked late Sunday night after President-elect Donald Trump recruited longtime loyalist Katie Miller to the Department of Government Efficiency, overseen by billionaire Elon Musk and former presidential candidate Vivek Ramaswamy. What happened: Through his Truth Social account, Trump announced, "Katie Miller will soon be joining DOGE!
The token's alignment with key technical levels and on-chain signals suggests that the current phase could mark the foundation for future gains.
At this crucial point, XRP is testing the 26 EMA, a key support level that could dictate the asset's short-term course. After weeks of erratic price action, XRP is now at a critical juncture trading close to $2.28.
Shiba Inu has fallen sharply, erasing its market recovery gains and dropping below crucial support levels. With whales driving high-volume sell-offs, the token faces significant challenges as retail enthusiasm wanes, casting uncertainty over its future.
Shiba Inu price, a popular meme-based cryptocurrency, has seen a significant decline over the past week amid bearish market trends. Despite minor market rebounds, SHIB's price action indicates potential for growth as it hovers near critical support levels.
Like many other cryptocurrencies, Dogecoin's price action in the past week has been highlighted by a notable correction. Dogecoin, in particular, saw its price break below $0.3 for the first time in four weeks, leading to a bottom below $0.27.
Dogecoin, known for its headline-grabbing swings, remains an enigma as 2025 approaches. After skyrocketing 161 percent in November, the meme coin suffered a December pullback, creating a wave of uncertainty.
Bitcoin has plunged 12% in the last five days since setting a new high, while Dogecoin and XRP have fallen hard after recent milestones.
The popular meme-inspired cryptocurrency Shiba Inu (SHIB) is not having the best of times, or rather we are talking about its price. As a result of various shakeouts, shakeouts and huge liquidations in recent weeks, the price of SHIB has landed at $0.000022.
Cryptocurrency analysts of Coinidol.com report, the price of Dogecoin (DOGE) has fallen to a low of $0.26 after reaching a high of $0.48.
After lounging at the edge of the abyss, the Shiba Inu aims for a dazzling peak. 235%, they say.
Shiba Inu's (SHIB) rally after a dip has failed for the second time. Cryptocurrency price analysis brought by Coinidol.com.
The future of Dogecoin (DOGE) is up in the air as 2025 draws near, and even its creator, Billy Markus, also known as Shibetoshi Nakamoto, has not offered any solid clues. When a follower asked him about the potential peak of DOGE by the end of December, Markus responded with a characteristically nonchalant "no idea" GIF, reflecting the unpredictability surrounding the cryptocurrency.