The Shiba Inu (SHIB) team is optimistic about the possibility of SHIB being included in the proposed U.S. strategic crypto reserve, following former President Donald Trump's proposal to integrate BTC, ETH, SOL, ADA and XRP.
Charles Hoskinson, the founder of Cardano (ADA), has hinted at plans to enhance Dogecoin's functionality for integration as a payment option on X (formerly Twitter).
The price of Dogecoin (DOGE) has fallen and is currently trading above the $0.205 support.
Dog-themed Shiba Inu (SHIB) has registered a significant 3% increase in price within the last 24 hours. This has seen the meme coin trade at $0.00001339 at the time of this writing, according to data from CoinMarketCap.
The crypto market continued its upward trajectory, with the market cap increasing by over 4% to reclaim the $3 trillion mark. Most cryptocurrencies traded in positive territory, and Bitcoin (BTC) reclaimed the $90,000 level after an increase of nearly 6% over the past 24 hours.
Bulls remain more powerful than bears today as well, according to CoinMarketCap.
Shiba Inu's large transaction volume has spiked massively in four days, providing a bullish outlook for the second-largest meme coin by market cap. This development indicates that SHIB whales are back, which is a positive for the Shiba Inu price.
The crypto market experienced a slight recovery over the past 24 hours, with traders eyeing a potential rally. Anticipation is growing ahead of former U.S. President Donald Trump's crypto summit scheduled for March 7.
In the last 24 hours, Dogecoin market activity has increased, with traders committing 9.05 billion DOGE in open interest. This comes as investors are betting big on DOGE to increase in value in the near term amid broader market uncertainty.
Shiba Inu (SHIB) price is trending lower as it approaches the bottom of the chart. The decline has now reached a low of $0.00001224.
Things are not looking good for the Shiba Inu token (SHIB) lately, judging by the price chart of the popular meme cryptocurrency. Losing nearly 55% since December, the Shiba Inu token is currently trading near its yearly lows, and it seems that even when the market goes fully positive, like last Sunday for example, there is some force that does not let SHIB off the hook.
Dogecoin (DOGE) is currently trading below the $0.25 level after experiencing massive volatility and price swings in recent days. As the crypto market faces a broad correction, meme coins, including DOGE, have been some of the most affected assets, with bulls struggling to regain momentum.
During the wild market conditions of 2021, Dogecoin (DOGE) skyrocketed 175 times but most people laughed off the move while a market expert correctly anticipated its trajectory. Mutuum Finance (MUTM) now stands as the latest target for the expert analyst as this DeFi leader prepares for a major market explosion in 2025.
Recent data indicates a significant decline in whale activity for both Dogecoin (DOGE) and Solana (SOL), suggesting reduced interest from large investors. For Dogecoin, large transactions have plummeted nearly 88% since mid-November 2024, leading to diminished liquidity and investor confidence. In contrast, Mutuum Finance (MUTM) is witnessing a rapid increase in whale interest.
CNBC's Steve Liesman joins "Squawk Box' to discuss how much DOGE will be in tomorrow's jobs report.
Bulls push forward, but profit-taking traders stand in the way - who will win the battle?
House Majority Whip Rep. Tom Emmer (R-Minn.
U.S. employers announced 172,017 layoffs for February, up 245% from January and the highest monthly count since July 2020, Challenger, Gray & Christmas reported.
Dogecoin price rose for the third succesive day on Thursday, continuing with its recovery from near four-month lows. The dog-themed meme coin was up by 2.3% and traded at $0.210 at the time of writing, bringing its weekly gains to 3.5%.
Dogecoin (DOGE), the popular cryptocurrency, could be poised for a major price recovery, according to crypto analyst Trader Tardigrade. The recent appearance of a Dragonfly Doji candlestick pattern on Dogecoin's daily chart and the asset's adherence to the Mean Reversion theory have spurred optimism in the market.
Dog-themed cryptocurrency Shiba Inu (SHIB) has seen a 764% surge in large holder netflows, sparking speculation that whales may be making a comeback.
Shiba Inu price saw a massive price increase in 2021 when Vitalik Buterin burned 410 trillion SHIB tokens sent to him by developers. This burn process led to SHIB erasing three zeros from its price within a short time.
Shiba Inu saw a minor price increase, which raises recovery expectations, but a closer look at the chart shows there is not much of a foundation for a full-blown bullish retrace. SHIB's longer-term future does not look as bright as one would like to see.
The Shiba Inu (SHIB 1.83%) cryptocurrency could have turned an investment of just $1 into over $1 million between Jan. 1, 2021, and Oct. 28, 2021. That's right -- after opening at a price of $0.00000000008 per token that year, it soared by more than 100,000,000% to a record high of $0.000086 in just 10 months.
Dogecoin shows multiple bullish indicators suggesting a potential price surge toward $0.42 if key support levels hold.
Robinhood is hosting a two-day Trivia game on its mobile application, offering contestants more than $2 million in Bitcoin and Dogecoin prices.
Market reactions will determine if burns can stabilize SHIB's price or if further action is required.
Shiba Inu (SHIB) bulls are nervously prodding the price higher early on Thursday as traders await Friday's highly anticipated White House crypto summit that could reveal the launch of a US strategic Bitcoin reserve. The post Shiba Inu Stuck In a Downtrend – SHIB Price Collapse Coming? appeared first on Cryptonews.
Over the past year, Bitcoin has remained one of the few stable forces in the crypto market, marking significant growth. In contrast, many altcoins, including Shiba Inu (SHIB), have struggled to maintain momentum.
Trading volume for Shiba Inu is rising significantly, but the conditions surrounding this upswing are not encouraging. Although a spike in volume frequently indicates increasing momentum and interest, the fact that it appears during a downtrend should be interpreted differently.
The sentiment seems to be shifting towards the bullish side. Amid this, Dogecoin (DOGE), the world's largest and most popular meme coin, is catching the attention of crypto analysts and experts. Experts' Bullish Views on DOGE Meme Coin Recently, a prominent crypto expert made a post on X (formerly Twitter) with a bold prediction.
After Dogecoin wallet addresses reached a new all-time high, analysts are tapping the memecoin to embark on a rally. Dogecoin price could spike in the coming days, buoyed by a streak of positive fundamentals and on-chain data.
Crypto markets are trending higher as investors anticipate Friday's crypto summit. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $89,787.93 +2.3% Ethereum (CRYPTO: ETH) $2,212.47 +3.3% Solana (CRYPTO: SOL) $145.22 +2.5% XRP (CRYPTO: XRP) $2.50 +0.9% Dogecoin (CRYPTO: DOGE) $0.2036 +2.4% Shiba Inu (CRYPTO: SHIB) $0.00001324 +1.4% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 26.3% and daily active addresses falling by 8.2%.
Shiba Inu (SHIB) price a popular meme-based coin, holds above the $0.000013 support level. The price has seen slight gains in the past 24 hours as market sentiment improves.
The big three cryptocurrencies are on the move today. Bitcoin (BTC 3.40%), Ethereum (ETH 1.99%), and Dogecoin (DOGE 1.58%) are up 2.3%, 2.6%, and 1.7%, respectively, as of 12:30 p.m.
Crypto analyst Kevin (known on X as @Kev_Capital_TA) has outlined what he deems a potentially ideal accumulation window for Dogecoin. In a series of posts, he highlighted key technical indicators, regulatory conditions, and macroeconomic shifts that could converge to propel the meme-inspired asset in the near to mid-term.
Because of extreme volatility in the crypto market, investors search for alternative investment opportunities. The value decline of Cardano to around $0.80 has brought insecurity to its holders as Dogecoin (DOGE) owners shift their focus toward this new emerging altcoin.
Bitcoin struggles to overcome $90,000 as bears attempt to hold the level as resistance, but BTC and altcoin charts suggest the upside is the most likely path that prices will take.
Dogecoin's (CRYPTO: DOGE) recent correction has led traders to call the current price a prime accumulation zone, citing multiple oversold indicators and key technical support levels. What Happened: Crypto trader Kevin pointed out that Dogecoin's weekly RSI is at the same level as October 2023 when DOGE was trading at $0.10.
The Shiba Inu futures' open interest has been in the spotlight in the past 24 hours as the broader market momentum shifted positively. Per data from CoinGlass, open interest has jumped by over 6% in 24 hours.
Few things have been stable on the cryptocurrency market over the past 12 months, except for the rise of Bitcoin. If you compare the prices then and now, only the main cryptocurrency has shown any significant growth over this period.
Pi Network's subscribers base on X may soon exceed Dogecoin's (DOGE).
Shiba Inu (CRYPTO: SHIB) is benefiting from renewed optimism in crypto markets, but technical analysis suggests caution despite rising burn rates. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Shiba Inu (CRYPTO: SHIB) $0.00001324 $7.8 billion +5.4% -6.7% Dogecoin (CRYPTO: DOGE) $0.2019 $29.9 billion +6.6% -2.3% Pepe (CRYPTO: PEPE) $0.057123 $2.9 billion +6.4% -12.4% Trader Notes: According to TradingView's technical analysis, SHIB's Relative Strength Index (RSI) sits at 38.5, indicating oversold conditions.
Crypto analyst Trader Tardigrade has revealed that Dogecoin has flashed a buy signal, which indicates that a price rebound might be on the horizon. DOGE's price rebound is also significant in this case as it could confirm that the wave 4 corrective move is over.
With bearish indicators that could point to more declines soon, Dogecoin is at a pivotal point in its history. The lack of conviction among Dogecoin bulls clearly shows that the asset is unlikely to recover in a rapid and explosive fashion, as many may have expected.
As Bitcoin soars and altcoins follow, investors are asking a big question: Which passive income method can turn a small investment of $500 into life-changing gains? The concept of passive income has grown in popularity in recent years as people look for ways to make money without active involvement.
Dogecoin price remains much-eyed by crypto traders and investors as whale accumulations for the meme coin spiked recently. A renowned market analyst revealed on Wednesday that DOGE whales accumulated 180 million coins amid the ongoing broader market flux.