Shibarium, Shiba Inu's Layer-2 blockchain network, has partnered with Chainlink to bring cross-chain interoperability and advanced data integration to its growing decentralized ecosystem.
The Shiba Inu meme coin has grown to a vibrant Web3 ecosystem through the Shibarium layer two scaling solution, which has over $3.4 million in TVL.
Dogecoin fell 12.4% to $0.31 amid increased trading volume and major exchange outflows following Fed Chair Powell's hawkish comments on inflation, while maintaining its position as the seventh-largest cryptocurrency by market capitalization.
Shiba Inu has suffered a significant setback, losing almost 20% of its value in a few trading sessions. The price has fallen through important support levels such as the 50 EMA and is currently trading at about $0.00002214, having touched the 100 EMA.
Dogecoin price has faced a sharp decline, decreasing over 25% in the past two days amid ongoing crypto market corrections. The broader cryptocurrency market entered a bearish state following yesterday's FOMC meeting, with BTC falling below $100K.
The crypto market faced a pullback following its recent rally, leading to corrections across altcoins. Meme coins were no exception, though Fartcoin and a few others defied the trend, drawing investor interest due to their unique and absurd appeal.
Billy Markus, one of the two founders of the original meme cryptocurrency Dogecoin launched in 2013, has published a post where he commented on the massive price fall faced by Bitcoin, Ethereum, and Dogecoin, along with the rest of the crypto market over the last 24 hours.
Amid the broader crypto market crash, liquidation numbers soared to more than $1 billion with the Bitcoin price dropping all the way to $95,000 levels. Altcoins like ETH, SOL, DOGE are seeing even greater selling pressure correcting 8-13%.
“We believe the root cause of the morning's crash to be the market's overly bullish positioning,” QCP traders said in a Friday note.
Hackers breached Vivek Ramaswamy's X account to spread false claims about DOGE's collaboration with the stablecoin project USUAL. The post Vivek Ramaswamy's X Account Hacked to Promote DOGE Collaboration With Stablecoin Project appeared first on Cryptonews.
Dogecoin started a major decline below the $0.3550 support against the US Dollar. DOGE is now consolidating and might struggle to recover above the $0.350 resistance.
Elon Musk's Department of Government Efficiency (DOGE) has announced plans to collaborate with stablecoin issuer USUAL, noted a post from Vivek Ramaswamy who is co-leading the DOGE division with Musk. However, minutes later the post was deleted as it turns out that Ramaswamy's X account was hacked.
Cryptocurrency prices have taken a significant hit, with Bitcoin, Ethereum, XRP, Dogecoin and Solana all suffering major losses.
The Dogecoin price has been stuck in a state of correction and consolidation since the first week of December after a crazy multi-week rally that saw it peaking just below the $0.48 price level.
A crypto whale dumped 150 billion PEPE worth $2.72 million onto Binance at a loss of $219,000.
The Dogecoin trading volume has surged in the last 24 hours, and liquidations have also risen during this period. The surge in these metrics has resulted from the significant price drop for Dogecoin, which is down over 5% in the last 24 hours.
Dogecoin fell as trading volume surged following Fed Chair Powell's remark on Wednesday that inflation projections had "fallen apart."
With a recent 9% decline, Shiba Inu broke through the crucial 50 EMA level and made contact with the 100 EMA, another important support level. The asset is in a risky position going forward as a result of this loss of support, which emphasizes how flimsy SHIB's recent rally was.
Dogecoin (CRYPTO: DOGE) hit new yearly highs recently as the overall cryptocurrency sector has traded higher since Donald Trump won the 2024 presidential election. A new Benzinga poll asks readers if Dogecoin will trade closer to levels seen before the election or all-time highs set back in 2021.
Dogecoin suffered an 11% price crash within 24 hours, wiping out $35.1 million in positions. Technical signals like Bollinger Bands suggest the cryptocurrency is oversold, but a rebound may not come immediately.
Two days ago, a crypto analyst accurately forecasted a Dogecoin price crash, which has since taken place. According to the analyst's latest projections, Dogecoin is poised for a steeper decline, with an anticipated 30% crash from its current trading price.
The cryptocurrency market is seeing a day of big sell-offs in Thursday's trading. Bitcoin's token price was down 4.8% over the previous 24 hours of trading as of 4 p.m.
Cryptocurrency markets are trading lower on Thursday, with Bitcoin falling below the $100,000 mark following Wednesday's Fed meeting. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $97,083.43 -5.7% Ethereum (CRYPTO: ETH) $3,377.75 -9.3% Solana (CRYPTO: SOL) $192.61 -8.3% XRP (CRYPTO: XRP) $2.21 -6.5% Dogecoin (CRYPTO: DOGE) $0.312 -14.1% Shiba Inu (CRYPTO: SHIB) $0.00002161 -12% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 7.4%; daily active addresses remained relatively flat.
A significant Shiba Inu (SHIB) transfer has caught the attention of traders today, December 19, as an early and highly profitable SHIB whale moved nearly 400 billion tokens. On-chain analysis service Spot On Chain (@spotonchain) highlighted that this well-known early buyer deposited 399.99B SHIB (worth $9.69 million) to Gemini, building on a history of substantial gains after initially acquiring 15.2 trillion SHIB in August 2020 for a mere 10 ETH.
Dogecoin price has seen a significant correction amid bearish trends following its strong November performance. The altcoin, widely recognized for its meme-inspired origins, had surged alongside major cryptocurrencies like Bitcoin, showcasing strong market sentiment.
According to data provided by CoinGlass, more than $1.2 billion worth of crypto has been liquidated over the past 24 hours.
Dogecoin is approaching a critical juncture as it hovers near the $0.3563 mark, with the Relative Strength Index (RSI), signaling oversold conditions. This suggests that the recent sell-off may have pushed the asset into undervalued territory, raising the possibility of a rebound.
DOGE went from over $0.41 to just above $0.3 within a few days.
Some of crypto's best meme coins have been rocked by a sharp downturn, with tokens like Pepe, Bonk, and Floki suffering catastrophic losses. Hailed as the tokenized epitome of internet culture and speculative euphoria, holders of these tokens now wonder if there is much future in them.
It's a bloodbath out there as Bitcoin leads a crypto crash, as assets like Ethereum, XRP, Solana, and Dogecoin show double-digit losses.
Experts have come up with three altcoins that are set to show massive rallies just like DOGE. These include Fantom (FTM), POPCAT, and IntelMarkets.
On-chain metrics revealed that exchanges have witnessed a significant $150.03 million worth of DOGE outflow.
Dogecoin's price drops over 12% in the past 24 hours, hitting $0.34. With the crypto market and US stocks also down, is a bigger crash for DOGE ahead?
The price of Dogecoin (DOGE) has been a real roller coaster ride for all crypto market participants over the past 24 hours. Having lost more than 11% in the moment, DOGE's price action caused more than $35.1 million in liquidation in 24 hours, making the popular meme cryptocurrency one of the leaders in this "unfortunate" indicator.
Meme coins have turned small investments into millions, showcasing their explosive potential but also high risks.
Shibarium aids Shiba Inu's ecosystem with token burns, but SHIB's price continues to struggle.
A Pepe (PEPE) whale has shocked the broader cryptocurrency community with its market activity. Lookonchain, an on-chain analytics platform, noticed and shared the transaction in a post on X.
The crypto market felt the aftershock of the latest 25 bps cut and the Fed's hawkish comments on Bitcoin hurt Bitcoin price and the other altcoins within the market. Seems that the downtrend triggered large whale sell-offs, commonly referred to as whales, in the hope to profit from previous gains.
Pepecoin, the OG green frog meme coin, had a rough week. $PEPE is down nearly 21% over the past seven days as the euphoria of Bitcoin's surge above $100K wears off slightly.
The cryptocurrency market is experiencing a sell-off, with a staggering $787 million wiped out in crypto liquidations across various digital assets. Among the hardest hit was Dogecoin (DOGE), which saw a loss of $29 million in crypto liquidations, according to CoinGlass data.
Dogecoin and Shiba Inu prices have significantly crashed in the last 24 hours. This is partly due to Jerome Powell's speech, which painted a bearish picture for crypto assets despite the announcement of a 25 basis point (bps) rate cut.
‘Dogecoin Killer' Shiba Inu (CRYPTO: SHIB) is expected to see a major rally despite its current stagnation. What Happened: Lookonchain data highlights an early SHIB whale who recently sold 250 billion SHIB (worth $6.05 million) for profit.
An anonymous trader incurred a major loss of $477,000 after buying PEPE at its peak and selling today in panic.
The crypto market has turned red, according to CoinStats.
House DOGE Caucus co-chair Rep. Pete Sessions (R-Texas) joins 'Squawk Box' to discuss the latest development on the government funding battle, whether a bipartisan funding bill can be passed to avert a government shutdown, and more.
Shiba Inu ($SHIB) and the family of large-cap doge-themed meme coins have taken some heavy losses over the last 24 hours and over the last week as Web3 investors throw their money into smaller projects, banking on some festive upside. Shiba Inu fell 6.9% overnight and 17.
The Shibburn data tracking platform has revealed that the SHIB community has succeeded in removing SHIB meme coins from circulation. However, there is nuance with this massive burn that does not make it look that good.