Shibarium, the Shiba Inu layer 2, is on track to hit a new milestone amid sustained adoption in the past few weeks. After recording a sustained average daily transaction count of four million, the total recorded transactions will hit 480 million soon.
Shiba Inu has experienced a dramatic drop in the volume of on-chain transactions in a single day; the total volume of large transactions fell from 6.3 trillion to 2.5 trillion SHIB. Whale activity has significantly decreased, which could be a sign of diminished support or interest from major investors, who had been fueling SHIB's recent price increase.
Shiba Inu price is on the verge of breaking above a key bullish reversal pattern after the market momentum increased due to Bitcoin rallying to a new all-time high. If this breakout happens, SHIB investors currently at and outside the money could be looking at $3.45 billion in profits.
The world's largest crypto exchange Binance on Friday said it has added XRP and Dogecoin (DOGE) to smart arbitrage offerings. Binance Earn's addition of XRP and DOGE sparked huge speculation for an imminent price rally.
Crypto prices today stirred a whirlpool of speculations among market watchers globally, showcasing mixed price actions. While Bitcoin (BTC) maintained a trading session in the green at the $75K level, altcoins mainly reflected a turbulent market sentiment.
Binance's Smart Arbitrage now supports XRP and DOGE, with a promotional campaign offering 45,000 USDT in rewards. Participants can earn bonus APR and trading fee rebates.
Historically, Shiba Inu and Dogecoin have moved in tandem. For SHIB to break out, it needs to leverage this dynamic.
Bitcoin tapped an all-time high, and Ethereum soared as the Federal Reserve's latest quarter-point rate cut boosted market momentum on Thursday. Cryptocurrency Gains +/- Price (Recorded at 7:30 p.m.
A popular crypto strategist is suddenly flipping bullish on an altcoin connected to a viral game on the encrypted messaging platform Telegram. Analyst Ali Martinez tells his 77,300 followers on the social media platform X that Notcoin (NOT) could soar 100% from its current value. “Notcoin is showing a promising risk-to-reward setup.
Crypto analyst Ali Martinez has predicted that the Dogecoin price could rise to $23 in this market cycle. Interestingly, the analyst alluded to the role that the world's richest man, Elon Musk, can play in sparking this price rally.
At $0.000019, a significant resistance level that has established itself as a formidable obstacle for the meme coin, Shiba Inu is presently having difficulty breaking through. SHIB's upward momentum has been capped by this resistance, which has caused it to oscillate within a small range.
Recently, Shiba Inu (SHIB) has exhibited promising momentum, thereby attracting the attention of both investors and traders. After achieving a significant 30-day high, SHIB has embarked on an upward trajectory, leading many to speculate about its potential to attain new heights—perhaps even its all-time high (ATH).
A Shiba Inu (SHIB) whale has transferred 597 billion tokens, valued at over $11 million, stirring excitement and concern in the crypto community. As SHIB nears a key resistance, market watchers are weighing the potential for a bullish breakout or a bearish turn in response to this whale activity.
Dogecoin holders have moved a striking $150 million off exchanges, reducing sell pressure and setting the stage for a potential breakout. With resistance at $0.20 in sight, DOGEs price could surge as whale activity strengthens bullish sentiment.
A crypto analyst has disclosed that the Dogecoin price may be positioning itself for a significant move upward as it approaches a critical weekly close. The question arises as to whether Dogecoin can close the weekly candle above the yellow line.
Dogecoin briefly catches XRP in crypto's global ranks with both above a $30B market cap: has the altcoin season arrived?
The price of Dogecoin has risen by 1% in the past 24 hours and by 3% in the last hour, as veteran trader Peter Brandt predicts that the meme token is on course to break its all-time high. The post Legendary Trader Peter Brandt Calls for Dogecoin New High Soon – $10 Next Target? appeared first on Cryptonews.
In a Trump election win-fueled rally, SPX6900 has emerged as one of the biggest beneficiaries of the boom across the meme coin sector, positioning itself as a frontrunner in the “movement coin” revolution. The post Is This the Next Dogecoin? SPX6900 Explodes with Huge Volume Spike as Meme Coin Mania Takes Off appeared first on Cryptonews.
Crypto assets are poised for bullish upticks after the United States election. The crypto market projects Trump's win to spark an upward drive in Bitcoin, altcoins, and meme coins.
Popular meme-inspired cryptocurrency Shiba Inu (SHIB) saw its quotes rise by 17.82%, reaching a multi-month high at $0.0000199. However, as the token approaches the crucial $0.00002 price mark, a major obstacle may be standing in its way.
Dog-themed cryptocurrency Shiba Inu (SHIB) is seeing a surge in whale netflows, skyrocketing by an astonishing 7,429%.
Speculation about Donald Trump's return to the White House and Elon Musk's influence has reignited hopes of a Dogecoin rally.
A substantial $150 million withdrawal of Dogecoin from exchanges revealed a decreased supply on these platforms. A decrease in sell pressure may result from this type of outflow, which is frequently a good indication that holders are removing their assets from exchanges, possibly for long-term storage.
Following a 10% rally on Wednesday, Pepe (CRYPTO: PEPE) has caught the attention of cryptocurrency traders, who think the frog-themed meme coin is destined for further gains. What Happened: Crypto analyst Bluntz remarked that "frogs are back in fashion" looks like frogs are back in fashion, $pepe downtrend break with volume.
Dogecoin price has moved into a technical correction after soaring to a multi-month high on Nov. 6 following Donald Trump's election. Dogecoin (DOGE), the biggest meme coin, retreated to $0.1930 on Nov.
In the wake of a bullish Trump election win, an influx in trading volume has sent Shiba Inu's token-burning mechanism into overdrive, axing over 53.3 million SHIB and stoking rally hopes. The post Shiba Inu Burn Rate Soars 3,674% in 24 Hours – Is a Massive Rally Next? appeared first on Cryptonews.
As became known thanks to on-chain data from IntoTheBlock, the amount of Dogecoin (DOGE) inflows into the wallets of large investors - those who hold no less than 0.1% of the circulating supply, - totaled 2.96 billion DOGE in the last 24 hours. For comparison, in the previous 24 hours, this amount was only 563.83 million DOGE.
Dogecoin (CRYPTO: DOGE) is up 79% over the past 30 days, with analysts predicting its uptrend to continue for the foreseeable future. What Happened: Crypto analyst Ali Martinez highlighted Dogecoin consolidating within a descending triangle pattern and forecasts the meme coin to climb to $0.22 if it can break the $0.198 resistance level.
The market structure on the daily chart is still bullish, and the OBV has made higher lows in the past five weeks.
A recent on-chain transaction showed that 597 billion SHIB tokens worth more than $11 million have been moved from an unidentified whale address.
Following Donald Trump's 2024 presidential victory, Dogecoin (DOGE) experienced a significant boost, both in price and in the number of millionaire wallets.
The cryptocurrency market surged today as news of Donald Trump's US election win sent ripples through the digital asset world. Bitcoin (BTC) briefly hit a new all-time high of $76,000, boosting overall investor sentiment.
Leading meme coin Dogecoin saw a 25% intraday surge on Wednesday, briefly overtaking Ripple's XRP in market capitalization. However, this rally has turned out to be short-lived as a wave of selling pressure has washed over the market, erasing the gains and pushing DOGE back below XRP.
DOGE price is yet again on the verge of another crucial breakout after a hidden historic pattern re-emerged. If the breakout does happen this time, it would confirm a Dogecoin bull run, causing the meme coin to surge to unprecedented levels.
Dogecoin price is yet again on the verge of another crucial breakout after a hidden historic pattern re-emerged. If the breakout does happen this time, it would confirm a Dogecoin bull run, causing the meme coin to surge to unprecedented levels.
Elon Musk's favorite cryptocurrency, Dogecoin (DOGE), could be on the verge of a massive parabolic rally following the recent victory of Republican U.S. presidential candidate Donald Trump. Could Trump's Victory Catapult Dogecoin To $23?
Shiba Inu price could follow Dogecoin's footsteps and rise by 4X after SHIB whale accumulation skyrocketed by over 7,000% in the past 7 days. Whale accumulation is a signal that large investors are confident in the crypto asset and are anticipating that the price will move up in the future.
Crypto prices today have maintained a bullish movement, solidifying investor optimism across the industry. Bitcoin (BTC) price briefly touched the $76K mark, whereas Ethereum (ETH), Solana (SOL), and XRP traded dominantly in the green.
Dog-themed meme coin First Neiro On Ethereum (NEIRO) emerged as the biggest beneficiary of the Donald Trump-induced cryptocurrency market rally Wednesday. What happened: NEIRO, named after the newly adopted Shiba Inu pup of the owner of Kabosu, the inspiration of Dogecoin (CRYPTO: DOGE) and many dog-themed cryptocurrencies, swelled 53% over the last 24 hours.
On November 6, Shiba Inu saw a 3674% increase in its burn rate, with 53.31 million SHIB tokens removed from circulation. This massive burn, spearheaded by a single address, has lifted market sentiment, suggesting positive price momentum as optimism swells across the crypto market.
Leading cryptocurrencies gave a thumbs up to Donald Trump's presidential victory in anticipation of a friendlier White House. Cryptocurrency Gains +/- Price (Recorded at 7:30 p.m.
Dogecoin is set for a major rally, with veteran trader Peter Brandt forecasting new all-time highs as Elon Musk's influence and a channel breakout drive momentum.
Solana's recent action was outstanding: it printed what traders call a god candle — a single enormous 12% spike during the day. These candles are usually unexpected even in a market that is otherwise doing well, and they indicate strong bullish momentum.
Andrew Kang, founder and CEO of Mechanism Capital, has shifted his bullish outlook from Dogecoin (DOGE) to First Neiro On Ethereum (NEIRO) following Donald Trump's landslide victory in the US presidential election. In a series of posts on X on Wednesday, November 6, Kang asserted that NEIRO is poised for exponential growth in the coming months.
The Dogecoin price has experienced a massive pump, rising by a whopping 25% to lead current market gains. This notable increase comes on the heels of the United States Presidential election, where many crypto analysts view a potential Donald Trump win as an incredibly bullish outcome for the Dogecoin price.
Dogecoin (CRYPTO: DOGE) is soaring to new monthly highs, with Donald Trump winning the 2024 presidential election and Elon Musk likely playing a role in the president-elect's return to the White House. A Benzinga poll asks readers to pick which Musk-linked company could have the biggest impact on the meme coin's future.
Cryptocurrency markets are trading higher as Donald Trump secured a second term in the presidential election. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $75,833.12 +9.5% Ethereum (CRYPTO: ETH) $2,682.34 +11% Solana (CRYPTO: SOL) $188.34 +14.3% Dogecoin (CRYPTO: DOGE) $0.1952 +15.9% Shiba Inu (CRYPTO: SHIB) $0.00001883 +6% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 14.5% and daily active addresses falling by 4.4%.