Shiba Inu (SHIB) may be on its way to reclaim former price highs, as a crypto analyst identified as the ‘Charting Guy' has confirmed the reappearance of a unique symmetrical triangle pattern on the SHIB price chart. A breakout from this symmetrical triangle could see Shiba Inu potentially rallying above 200% from its current price.
In the past few months, Shiba Inu has faced challenges in keeping its momentum going as its price shifts, mostly staying flat.
At Token 2049, Kusama drops clues about an incoming utility case: can SHIB spearhead above the yearly peak?
Cryptocurrency markets are trading relatively flat, with Bitcoin and Dogecoin holding on to the green zone while Ethereum is down. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $63,744.60 +0.44% Ethereum (CRYPTO: ETH) $2,638.27 -1.6% Solana (CRYPTO: SOL) $147.23 +2.1% Dogecoin (CRYPTO: DOGE) $0.1092 +1.7% Shiba Inu (CRYPTO: SHIB) $0.00001471 +1.09% Notable Statistics: IntoTheBlock data shows an increase of 86.9% in large transaction volume and a growth of 31.9% in daily active addresses.
"Please remember, the official Treat token has NOT been released yet," the team reminded.
Shiba Inu (CRYPTO: SHIB) is trading 8% higher in the past seven days bolstered by optimism, burn rates and whale transactions. What Happened: Shiba Inu's burn rate has surged by 7,168% with 6.9 million SHIB coins burned in one transaction and 1 million SHIB in another, according to Shibburn data.
Popular meme-inspired cryptocurrency Shiba Inu (SHIB) is on the verge of what may be a historic month as, according to the prices history, next October may deliver a 283% increase in the price of the token.
Bulls have started to lose their position at the end of the day, according to CoinStats.
As central banks ease financial conditions globally, meme coins are once again in the spotlight.
Shytoshi Kusama, the Shiba Inu ecosystem lead, during his meet-and-greet campaign at the recently concluded TOKEN2049 Conference in Singapore, has given hints on some interesting updates for SHIB in the coming weeks.
The upcoming months could be pivotal for investors closely following Dogecoin, BNB, and BlockDAG, as all three cryptocurrencies prepare for significant updates. Dogecoin's price prediction suggests it may soon surpass the $0.
Shiba Inu is in the spotlight amid the brooding SHIB price recovery moves. The meme coin project exhibits resilience in several market performance metrics, including price, and whale transactions are a major bullish streak.
Shiba inu and its community have a deep relationship. As the price of Shib token got stuck under the moving averages, whales came to rescue it. In the last two days more than 770 Billion Shib tokens have been moved out of the exchanges. These tokens account for around $11.40 million.
A new project is about to hit the Shiba Inu community, which could possibly drive more adoption of its ecosystem.
Expectations for the crypto market and altcoins such as Shiba Inu have increased dramatically as the month of September is drawing to an end. Nevertheless, there is still a week left to go for the month to be over and this is ample time for notable developments for any digital assets.
The altcoin will continue its trend as soon as the current barriers are broken. The DOGE price is at $0.107.
The community has always backed Shiba Inu (SHIB) in times of need, and it appears that whales are coming to the rescue again. Although the popular meme coin had a good run in the last few weeks, it is still stuck in an extended consolidation phase, which seems far from over.
Expectations for the Dogecoin price remain high as a crypto analyst has predicted a rally to a new all-time high for the meme coin. Not only does the analyst expect an eventual break above the coveted $1 level, they push further, expect Dogecon to put on a parabolic rally that could shock the crypto market.
One of the standout developments in this space is Shiba Inu's layer 2 blockchain solution, Shibarium. As this project gains traction, the Shiba Inu team has revealed a dual focus strategy aimed at enhancing both technical support and the safety of its growing community.
In a recent tweet, Lunar Crush revealed that Solana has had more total social engagements than ETH in the last six months. The data comes from multiple social channels and shows the top altcoins, TON, DOGE, XRP, and BNB, following the trend.
Shiba Inu's lead developer, Shytoshi Kusama, has hinted that the next week could be game-changing for the SHIB ecosystem. This came following a short interview which he gave at the Token 2049 conference in Singapore.
With data showing that a cluster of 19 trillion Shiba Inu is held by addresses at a profitability point, Shiba Inu is rapidly approaching a pivotal moment in its market activity. The short-term price movement of SHIB is significantly impacted by this clusterб which represents a sizable portion of the token's total supply.
Dogecoin is working out: 10.5% more flow, 73% winners, just waiting to explode!
Shiba Inu (SHIB) has witnessed a price jump of around 9% in the past seven days. However, over the past 24 hours, the cryptocurrency has struggled to maintain that movement, sparking speculation of a notable price decline.
The early aftermath of the recent Federal Reserve (Fed) interest rate cuts has been positive for the general crypto industry as major assets like Dogecoin have been displaying optimistic sentiment.
The pseudonymous marketing lead of the SHIB team known as Lucie has published a tweet to announce that Shibizens have been excited recently about a “groundbreaking project” that is being widely discussed.
Check out which elements signal potential volatility for SHIB in the short term.
Dogecoin net flow spikes and whale activity point to a rally.
Cat-themed cryptocurrency, cat in a dogs world (MEW) defied the broader memecoin stagnation on Monday to become one of the cohort's top gainers. What happened: The fourth-largest memecoin on Solana (CRYPTO: SOL) jumped more than 10% in the last 24 hours, while its trading volumes soared 70%.
Leading cryptocurrencies reversed course on Monday, giving up gains achieved the previous day.
The price of Solana has dropped noticeably recently, but the causes may not be as obvious as a decline of the market. It is possible that Ethereum's recent price spike has more to do with the collapse of SOL than Solana's actual performance.
Recent market dynamics suggest DOGE is on the verge of an epic breakout as cryptocurrencies continue to exhibit bullish price action in a seven-day timeframe. This bullish price action has seen DOGE break above a descending trendline that has defined the peak of rallies since April.
Cryptocurrency markets are holding on to the green zone with Bitcoin and Dogecoin relatively flat, while Ethereum is trading higher. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $63,449.64 +0.6% Ethereum (CRYPTO: ETH) $2,685.90 +4% Solana (CRYPTO: SOL) $144.14 -0.3% Dogecoin (CRYPTO: DOGE) $0.1073 +0.7% Shiba Inu (CRYPTO: SHIB) $0.00001456 +0.2% Notable Statistics: IntoTheBlock data shows a decrease of 0.8% in large transaction volume and a drop of 11% in daily active addresses.
As Dogecoin (DOGE) investors face recent losses, many seek new opportunities to regain their footing. ETFSwap (ETFS), a rising Shiba Inu rival, has caught their attention with its promising potential for rapid growth.
SHIB, the popular dog-themed meme coin, has recently adopted a sideways trend above the $0.0000123 support. A crypto analyst highlighted this consolidation as the final squeeze before the Shiba Inu price, which provided a deceive breakout from the symmetrical triangle pattern in the weekly chart.
Dogecoin price continues to consolidate above $0.10 on Sept 22, since a 12% surge in the aftermath of the Fed rate cut. Will it advance to $0.20?
It seems like there's some exciting movement in the crypto space, especially regarding Shiba Inu (SHIB). Notably, despite the coin's sideways trading in recent months, leaving investors uncertain, the American crypto exchange Robinhood has been steadily accumulating the top meme coin.
Bitcoin bears are defending the $65,000 resistance, but if it gives way, BTC and altcoins are likely to chase new all-time highs.
42 cryptocurrencies have outperformed Bitcoin (CRYPTO: BTC) in 2024, with most of them listed on Binance, according to on-chain analytics provider Lookonchain. What Happened: 25 are listed on Binance and 20 were listed in 2023 or earlier, providing ample opportunity for traders to capitalize on their growth, the data provider tweeted on Friday.
While digital assets are recovering following the latest Federal Reserve decision on interest rates, the original meme token Dogecoin dominated the charts with significant on-chain activity. IntoTheBlock data shows the DOGE's Large Holders Netflow saw a swift surge from -2.23 million coins to 20.66 million over the past 24 hours.
Over the past 24 hours, the Shiba Inu price has seen a slight decline of 1.47%, seemingly hitting a price wall as its recent momentum wanes. Coinciding with this, the meme coin has noted a decline in the utility of its ecosystem, Shibarium, purporting a bearish outlook for the asset.
As Dogecoin (DOGE) investors prepare to take profits on Monday following a notable technical breakout, many are turning their attention to a new ICO called Mega Dice (DICE) in the GambleFi space.
Considering selling Dogecoin? Here we review current market analysis, financial needs, and potential risks to help you make an informed decision.
The market dynamics are slowly changing, with the bulls gaining back strength and dominance. The memecoins like WIF, FLOKI, POPCAT, BOME, MOG, etc. and many more have been accumulating huge profits; meanwhile, the top memecoin, Dogecoin, continues to remain consolidated within a range.
The biggest meme cryptocurrency on the market, Dogecoin (DOGE), is once again in the spotlight, with some serious activity behind the scenes, or more precisely in the on-chain realm.
An early investor in Shiba Inu, renowned within the crypto community for their steadfast “diamond hands” approach, holding assets through market volatility, has recently shifted their investment strategy. This individual, who reaped a staggering $145 million profit from Shiba Inu trades between February 2021 and June 2022, is now diversifying their holdings into $NEIRO and
Dogecoin (CRYPTO: DOGE) is unique compared to other cryptocurrencies, according to its lead developer, who urged market participants to value the apex meme coin. What Happened: Dogecoin's lead developer Mishaboar took to his social media account to emphasize the significance of Dogecoin's decentralized nature, stating that it is open to everyone and not controlled by any centralized entity or organization.