Shiba Inu (SHIB) is experiencing renewed interest due to ETF speculation and long-term growth projections, but its future price movement remains uncertain and subject to market dynamics.
Shiba Inu (SHIB) was announced by a prominent crypto personality as the most donated meme coin as these type of coins continue to grow in importance for charitable causes. This kind of recognition shows how these digital assets can benefit communities and gain business traction.
Billy Markus, who created a Bitcoin parody called Dogecoin together with Jackson Palmer in 2013, has commented on the likely effect of the "Money Electric: The Bitcoin Mystery" documentary that was released by HBO earlier today.
SHIB is one of the best-performing cryptocurrencies today (October 9).
Shiba Inu price has been performing well recently, gaining 33.5% in the last 30 days. SHIB broke out of a bullish reversal pattern, and the market anticipates that it will rise even higher as speculation of a Shiba Inu ETF floods the crypto space.
A new Dogecoin price prediction has put it on another bullish path and this time, forecasting that the meme coin is destined for new all-time highs. In particular, crypto analyst @Kev_Capital_TA on X made a notable forecast regarding the meme coin that could see it finally cross the $1 market.
Shytoshi Kusama, the mysterious lead developer and co-founder of the Shiba Inu (CRYPTO: SHIB) ecosystem, shared a cryptic post, sparking intrigue and speculation in the cryptocurrency community.
Recently there was a significant surge in the price of Bitcoin bringing it very near to $65,000. Many participants on the market were taken aback by the sudden and swift action.
Dogecoin holders accumulate 2.07 billion tokens, signaling increasing demand and interest with the memecoin.
ETFSwap (ETFS) is quickly emerging as the cryptocurrency to watch, with experts predicting that it will outclass popular tokens like Shiba Inu (SHIB), Dogecoin (DOGE), and PEPE combined.
The price of Shiba Inu might be currently declining, but an analyst says the meme coin is gearing up for a bullish run as it is currently flashing a buy signal. According to Cantonese Cat, SHIB is now flashing a strong buy signal based on the L3 Banker Fund Flow Trend Oscillator, a relatively lesser-known indicator.
Memecoins are up today and have strongly outperformed the entire crypto market over the last month.
Pepe recently experienced a surge in social volume, driving a 9.41% price increase.
PEPE price is showing signs of weakening momentum. Key technical indicators suggest the recent uptrend is losing steam.
Cryptocurrency markets are trading lower as China's stimulus measures came in lower than expected. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $62,017.71 -1.7% Ethereum (CRYPTO: ETH) $2,429.76 -0.09% Solana (CRYPTO: SOL) $142.62 -2.4% Dogecoin (CRYPTO: DOGE) $0.1066 -3% Shiba Inu (CRYPTO: SHIB) $0.00001712 -3.7% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 81.4% and daily active addresses growing by 15.2%.
Pepe Unchained ($PEPU) continues to strut its stuff in its ICO after hitting the $18 million milestone early Tuesday.
Kraken, one of the leading cryptocurrency exchanges, has listed the cat in a dogs world (MEW) meme coin, according to a Thursday announcement.
The cryptocurrency market continues displaying a volatile price action by displaying price movements within a short period. Moreover, with Bitcoin failing to hold its price above the $63k mark, the memecoin category has also taken a dip. Top tokens such as Doegcoin (DOGE) continue hovering close to their important support/resistance levels, indicating a mixed-price action.
Two weeks ago, Dogecoin (DOGE) price was $0.13, driving speculation that the meme coins could be circling back to its yearly high. But in the last seven days, Dogecoin's ambitions of hitting that value have been waning as its price decreased by 8.86%.
Here's what signals a possible DOGE resurgence in the short term.
The Pepe price has declined by 6% in the past 24 hours, sliding to $0.000009616 as the crypto market as a whole loses 1.5% today.
Dogecoin and Shiba Inu prices have crashed again following their recent upward trend, which led to significant price gains. These price crashes are primarily due to the current macro environment and market uncertainty, which don't favor risk assets like these meme coins.
Meme coins remain a vital part of the crypto ecosystem. But new coins pop up almost daily, making it tough to track which ones are worth checking out.
It seems that holders of large positions in the most popular meme cryptocurrency, Dogecoin, are running out of patience, and there are a number of confirmations of this, especially behind the scenes at DOGE.
Shiba Inu's social media marketing expert, Lucie, has addressed the SHIB community with a message, in which she warned them against “gambling” on new crypto tokens at this particular time.
Shiba Inu is back in the meme coin spotlight with a series of surges. But a price correction seems to be on the way. That turns attention to Shiba Shootout, a hot play-to-earn game centered around a crypto wild west.
Data provided by the Shibburn platform, which tracks transactions targeted at reducing the circulating supply of Shiba Inu, shows a gigantic plunge in the SHIB burn rate that has been observed since yesterday morning.
On-chain analytics platform Lookonchain highlighted traders booking significant profits with Solana (CRYPTO: SOL) meme coin Popcat (CRYPTO: POPCAT), which could go higher still, according to analysts. What Happened: One trader executed eight trades since Aug. 20, all of which have been profitable, resulting in a total profit of over $1 million.
This calculated move from the SHIB trader appears to have paid off and he is now holding an unrealized profit of over 67%.
Dogecoin has experienced significant accumulation recently, with large holders adding over 2 billion DOGE tokens valued at $200 million.
An analyst has explained how Dogecoin could currently be gearing up for the next bull run if historical pattern is anything to go by. Dogecoin Has Recently Shown Similar Trend To Past Cycles In a new post on X, analyst Ali Martinez has discussed about how Dogecoin has been forming a familiar pattern in its monthly price recently.
Just recently, an economist predicted that both Dogecoin (DOGE) and Shiba Inu (SHIB) could reach new all-time highs in the upcoming crypto cycle, drawing attention from investors hoping to capitalize on the incoming success. However, while these well-known tokens are expected to make significant gains, this $0.
After turning $1,000 into $1 million with Dogecoin, a rookie trader is setting his sights on RCOF as his next major investment. With predictions of a 12,000x bull run by Q1 2025, RCO Finance (RCOF) is quickly establishing itself as the presale token to watch in Q4 of 2024.
Dogecoin (DOGE) has been a popular topic in the crypto market, but recent trends suggest it will face challenges in reclaiming its all-time high of $0.74. Although Dogecoin has shown resilience, analysts doubt it will surge past this record soon. Meanwhile, a new player, priced under $0.
Dog-themed cryptocurrency Shiba Inu (SHIB) has seen a 109% surge in large transaction volume over the last 24 hours as the market faced profit-taking.
Based on on-chain data showing an increase in whale activity, Shiba Inu looks to be close to a possible recovery. More than three trillion tokens were transferred through major transactions on SHIB in the last day, which represents a notable increase in volume.
The price of the OG meme coin Dogecoin (DOGE) has been in limbo for some time now, but the impasse might be nearing its end before the next major rally kicks off.
Shiba Inu is showing signs that a potential price reversal could be underway. SHIB is currently consolidating after bouncing off important support levels following a protracted downtrend over the previous few months.
Dogecoin shows signs of a potential rally as whale activity increases, social interest surges, and analysts predict possible new all-time highs based on historical patterns and technical indicators.
A SHIB trader who made history earning $145 million has once again caused up a stir across the broader market, primarily by switching trade positions. On-chain data on Tuesday revealed that the trader swapped his Neiro Ethereum (NEIROETH) holdings for First Neiro on Ethereum (NEIRO), sparking optimism on the token's future price movements.
Dogecoin price shows signs of a potential dip before it can continue its uptrend. The recent breakdown of a key support level suggests a further pullback is likely, providing sidelined buyers an opportunity to accumulate DOGE before the dog-themed crypto shoots higher.
"As we expected, the chart touched the box and received a bullish reaction from there. Now the rise will accelerate in these weeks," one analyst stated.
Positive sentiment around Dogecoin, the largest meme coin has seen notable growth, with a wave of bullish predictions from several crypto experts about its potential to undergo a major price movement on the upside, possibly to new all-time highs.
As “Uptober” unfolds, retailers have been making their way to the crypto scene, hoping to ride the bullish wave. With a buying spree ongoing, the top favorites among retailers are none other than Binance Coin (BNB), Dogecoin (DOGE) and DTX Exchange (DTX).
Dog-themed meme coin First Neiro On Ethereum (NEIRO) became the market's best-performing cryptocurrency Monday, defying the slump in its sister coin Dogecoin (CRYPTO: DOGE). What happened: NEIRO, named after the newly adopted Shiba Inu pup of the owner of Kabosu, the inspiration behind DOGE and subsequent canine-themed cryptocurrencies, pumped over 19% to become the market's biggest gainer in the last 24 hours.
Tesla and Space X CEO Elon Musk talked about his potential role in the Department of Government Efficiency (DOGE) under a new Donald Trump administration What happened: In an interview with popular media personality Tucker Carlson, Musk explained that the idea behind the so-called DOGE department was to streamline federal spending by overseeing the operations of different agencies. Musk underlined that the U.S. has far too many federal agencies, about 438 in total.
Shiba Inu (SHIB) is subtly positioning itself for a potential breakout. Recently, SHIB has risen above its 200-day exponential moving average (EMA), a crucial indicator often signaling a change in market sentiment.
Shiba Inu (SHIB) finds itself in a challenging position. Despite initial signs of recovery following a recent market crash, the digital asset has struggled to gain traction, leading to a persistent downturn in its value.