Dogecoin has had quite an eventful few days in terms of price action, trading volume, trading activity, and interest among investors. Dogecoin led the entire market in inflows, outperforming even Bitcoin in the past week.

Shytoshi Kusama, the lead of the Shiba Inu project, has made a bold request to Ethereum co-founder Vitalik Buterin. Kusama wants 10 minutes of Buterin's time to showcase SHIB's potential.

Shiba Inu (SHIB), the meme-inspired cryptocurrency, recently entered a consolidation phase amid a broader market slowdown. Despite current challenges in maintaining stability, SHIB has surged 123% over the past year.

Markets have started to sell-off, and Bitcoin needs to hold $70,000 for the BTC and altcoin rally to continue.

Shiba Inu (SHIB) is showing signs of a potential upward movement, as market analyst Alex Clay identifies a bullish Inverse Head and Shoulders pattern on the daily chart. This technical formation is often viewed as a reliable signal for trend reversals, suggesting that SHIB could be preparing for a significant breakout in the near future.

The anticipated crypto bull run has investors closely watching top digital assets showing strong weekly performances. Recently, with the surging in value, these cryptocurrencies are positioned to double in price as market sentiment improves potentially.

The Shiba Inu burn rate skyrocketed by 252,910% as $100,000 worth of SHIB tokens was burnt in one transaction. This typically presents a bullish outlook for the Shiba Inu price, but the scam detector platform Susbarium has explained to investors why they should be wary of such token buns.

Dogecoin's (CRYPTO: DOGE) recent price drop has traders speculating about entry points in case a bullish rally resumes. What Happened: Trader Crypto Daily Trade Signals highlighted a "cup and handle" formation on Dogecoin's daily chart, a pattern that started in June 2024 with a consolidation phase in October.

The enigmatic Shiba Inu lead developer Shytoshi Kusama has taken to his official account on the X social media platform (widely known as Twitter in the past) to deliver a message to the SHIB army.

Recently, the price of Shiba Inu hit a critical point on the chart at $0.000017, which is just above a crucial support level created by a group of moving averages and a large on-chain cluster of 274 trillion SHIB at the breakeven price level. SHIB appears to be at a turning point; according to the daily chart, any additional decline could send the asset into bearish territory.

With the hype growing around memes, here are the top 10 Memecoins to watch this November 2024, being the top 10 memecoins of October 2024 by monthly performance.

DTX Exchange becomes the ‘bullcoin' of Q4, as the presale soars past $6.3 million. Priced at $0.08, the DTX token has emerged as the ultimate winner of this bull run, outpacing established players like Shiba Inu and Cardano (ADA).

“Dogecoin Killer” Shiba Inu (CRYPTO: SHIB) has seen a sharp increase in its burn rate, accompanied by a rise in daily transactions. What Happened: Over the past 24 hours, the Shiba Inu ecosystem recorded a 254,078.1% spike in its burn rate, with 5.6 billion SHIB tokens burned in a single transaction, according to Shibburn.

Amid the heightened crypto volatility in the last few weeks, Dogecoin (DOGE) price has rallied over 46 percent in the past three weeks to retest a crucial resistance level above 15 cents. The meme lord, with a fully diluted valuation of about $23 billion and a daily average traded volume of around $2.

Currently priced at $0.1606 after a 5% fall on the 24-hour chart, Dogecoin (DOGE) still has surged 50.10% over the past month and climbed 16.36% in the last week.

The recent Dogecoin price action is flashing a familiar signal from 2021, sparking speculation about whether history is poised to repeat itself. Back then, DOGE price experienced a meteoric 15,000% rise, captivating the crypto space.

With the crypto market witnessing almost $100M in short-side liquidations, the bull run chances are increasing amid Q4 rally chances. Further, as the BTC price is inching closer to surpassing the $65k mark as the buying pressure increases, the altcoins prepare to launch a new bull run.

The Shiba Inu (SHIB) ecosystem recorded an unexpected boom in its burn rate in the past 24 hours, as total assets torched soared. Jumps in the burn rate are not uncommon; however, over the past few weeks, only a few thousand SHIB have been sent to dead wallets, making the current billions of SHIB figure a rare occurrence.

This week, we examine Ripple, Binance Coin, Solana, Dogecoin, and Maker in greater detail. Ripple (XRP) The week started well for XRP, but the price action turned bearish on Wednesday, closing the week with a 3% loss.

The Shiba Inu community witnessed a major burn rate spike, yet despite the decreased supply, caution is advised by security experts.

A widely followed analyst and trader is leaning bullish on a blockchain oracle built in the Solana (SOL) ecosystem while offering his outlook on Bitcoin (BTC) and Dogecoin (DOGE).

The X account @susbarium affiliated with the Shiba Inu team has published a warning to the community, drawing its attention to the fact of the massive $100,000 SHIB burn that took place during the past 24 hours – 5,612,878,479 SHIB, according to Shibburn.

Here's what signals that SHIB's correction may end soon.

Everyone's favourite memecoin is in a good place now, but can it go to a better place soon?

Taking advantage of Bitcoin's recent surge above $70,000, Shiba Inu has recently displayed some serious signs of strength. The cryptocurrency market was filled with optimism as a result of Bitcoin going above $70,000, pushing assets like SHIB forward and producing technical signals that suggested potential for future growth.

The Shiba Inu burn rate surged nearly 253,000% today, catching the investors' attention. Notably, the notable jump comes as billions of tokens were burnt in the last 24 hours, indicating a potential rally in the SHIB price.

As Shiba Inu price faces rejection at a crucial resistance level, a top trader has said he is opening a 5X Short leverage position on SHIB, anticipating a 28% crash from the current price. His forecast indicates a strong bearish sentiment, sparking curiosity about what factors could influence this decision.

The cryptocurrency market is experiencing a dynamic shift, with Shiba Inu (SHIB) showing signs of a possible reversal, Solana (SOL) facing a concerning pattern in its momentum, and Bitcoin (BTC) pushing toward an ambitious target of $84,000. As traders navigate this volatile landscape, it's essential to understand the indicators that could influence price movements in the coming days.

An enormous sell wall of 88.9 trillion Shiba Inu (SHIB) tokens stands at a crucial resistance point, potentially stalling its price rally. As SHIB contends with slight losses, investors watch closely to see if it can overcome this significant obstacle.

Robinhoods recent post traces the ascent of major meme coins, casting a spotlight on Shiba Inus unprecedented community-driven growth. Highlighting SHIBs impact on meme coin culture, the platforms update underscores SHIBs legacy alongside Dogecoin in the evolving crypto scene.

Shytoshi Kusama, the pseudonymous lead developer of Shiba Inu, responded to skepticism about SHIB's potential to reach a $0.01 price target. The discourse unfolded on social media platform X, where Kusama engaged with critics and highlighted SHIB's significant growth since its inception.

Solana is on a strong upward trajectory, and if the current pace continues, it could see its price approach $200 by mid-November. Strong market sentiment is reflected in the price action for SOL as growing investor interest pushes it closer to this expected level.

Meme coins have been some of the best-performing cryptocurrencies this year, with Popcat token soaring by over 17,000% from its lowest level this year. Many other similar tokens like Cat in a dogs world, Brett, and Mog Coin soaring by triple digits this year.

Crypto analyst Master Kenobi, who predicted the start of the Dogecoin bull run, has provided an update on what is coming next for the foremost meme coin. The analyst provided two scenarios that could play out for the Dogecoin price from its current level.

Shiba Inu (SHIB) price is currently in a bullish setup, supported by its position above all EMA lines. However, the narrow distance between these moving averages suggests that bullish momentum isn't particularly strong.

Leading meme coin Dogecoin (DOGE) has been on an upward trajectory in recent weeks. Noting a 45% gain over the past 30 days, it's currently trading at $0.17, its highest level since May.

DOGE has risen by a very slight 0.1% in the past 24 hours, yet its rising network activity would suggest that a big move could be coming very soon. The post DOGE Sees Spike in Active Users and Price – Is the Bull Run Just Starting? appeared first on Cryptonews.

With Dogecoin hitting a six-month high price this week on the back of Elon Musk's Trump rally appearances, most holders are in the green.

The Dogecoin price now looks like it has established support of around $0.17, having rebounded just below it in the past 24 hours. With the $0.17 price level cleared, the next step is a convincing break above $0.18.

Dogecoin (DOGE) price, a meme-based cryptocurrency, surged over 17% in October as investors anticipated a stronger market close. DOGE showed signs of consolidation amid the broader crypto market's efforts to regain momentum.

Amid the confusing market sentiment, Shiba Inu (SHIB), the popular meme coin is poised for a notable price decline as it has formed a bearish price action pattern on its daily chart.

The Dogecoin and Shiba Inu price have witnessed notable price crashes in the last 24 hours. This development looks to be based on a wave of profit-taking that has followed the recent crypto market rally.

Over the past month, the rally on the broader market has triggered an unusual boost for Dogecoin (DOGE) investors. According to data from IntoTheBlock, the total number of addresses holding DOGE that are in profit has jumped over the past month.

Dog-themed cryptocurrency Dogecoin (DOGE) is on the verge of achieving a potential "golden cross," a chart pattern that occurs when a short-term moving average, usually the daily SMA 50, crosses above a long-term moving average such as the daily SMA 200, often seen as a bullish signal.

Amidst the fluctuations within the meme coin market, Dogecoin has showcased promising upward momentum. Dogecoin's price has been on an uptrend following the rise of altcoins in Q4. According to crypto analyst Javon Marks, Dogecoin might see new highs with over 405% predicted gains.

Shiba Inu token may stage a strong bullish breakout after forming a bullish pennant pattern and as the number of accounts in Shibarium rises. Shiba Inu (SHIB), the second-biggest meme coin in the industry, was trading at $0.

Shiba Inu (SHIB) has experienced an upsurge amid a crypto upswing in the last seven days. There have also been increased whale activity and innovations in the SHIB ecosystem.