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news-imageDecember 19, 2024

Here's Why The Dogecoin And Shiba Inu Prices Crashed Violently

Dogecoin and Shiba Inu prices have significantly crashed in the last 24 hours. This is partly due to Jerome Powell's speech, which painted a bearish picture for crypto assets despite the announcement of a 25 basis point (bps) rate cut.
Publisher: Bitcoinist
Sentiment: Negative
DOGE
SHIB

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Negative
cover-imageUToday
December 19, 2024

Dogecoin (DOGE) Extremely Oversold Right Now, Bollinger Bands Signal

The price of Dogecoin (DOGE) has been a real roller coaster ride for all crypto market participants over the past 24 hours. Having lost more than 11% in the moment, DOGE's price action caused more than $35.1 million in liquidation in 24 hours, making the popular meme cryptocurrency one of the leaders in this "unfortunate" indicator.

Negative
cover-imageCoinPedia
December 19, 2024

Shiba Inu Price Crashes: $6M Whale Sell-Off Sparks Panic

The crypto market felt the aftershock of the latest 25 bps cut and the Fed's hawkish comments on Bitcoin hurt Bitcoin price and the other altcoins within the market. Seems that the downtrend triggered large whale sell-offs, commonly referred to as whales, in the hope to profit from previous gains.

Negative
cover-imageUToday
December 19, 2024

Shiba Inu (SHIB) Whales Selling Rapidly: Details

There was a notable sell-off in the last hour as a Shiba Inu whale recently liquidated 250 billion SHIB worth $6.05 million. With a mere $3,800, this whale made its first foray into the SHIB market on Aug. 6, 2020, purchasing an incredible 15.28 trillion SHIB, which reached its peak value of $1.22 billion.

Negative
cover-imageBenzinga
December 18, 2024

Bitcoin, Ethereum, XRP, Dogecoin Plummet Despite Anticipated 25 Basis Point Rate Cut

Cryptocurrency markets are trading lower on Wednesday despite the Federal Reserve announcing a 0.25% rate cut in its latest FOMC meet. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $102,173.74 -3.9% Ethereum (CRYPTO: ETH) $3,714.81 -5.5% Solana (CRYPTO: SOL) $210.29 -7.3% XRP (CRYPTO: XRP) $2.36 -9.3% Dogecoin (CRYPTO: DOGE) $0.3654 -8.4% Shiba Inu (CRYPTO: SHIB) $0.00002458 -8.2% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 3.4% and daily active addresses falling by 12.8%.

Neutral
cover-imageBenzinga
December 18, 2024

'Dogecoin Killer' Shiba Inu Burn Rate Spikes 4,766%: 'Patience Could Pay Off,' Trader Says

Shiba Inu (CRYPTO: SHIB) continues to attract attention as its burn mechanism drives supply reduction, sparking optimism among traders despite subdued broader market activity. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Shiba Inu (CRYPTO: SHIB) $0.00002566 $15.12 billion -3.1% -11.5% Dogecoin (CRYPTO: DOGE) $0.3849 $56.7 billion -3.1% -7.9% Pepe (CRYPTO: PEPE) $0.00002144 $9 billion -5.6% -14.6% Trader Notes: Crypto trader InvestingHaven outlined their 2025 price forecast for SHIB, suggesting a potential high of $0.0000998 and a low of $0.0000234.

Positive
cover-imageBenzinga
December 18, 2024

Doge Meme IP Owner Acquires New Rights As Fartcoin Continues To Surge

The meme coin space is facing a mix of IP disputes and speculative frenzy as community-driven projects like Neiro (CRYPTO: NEIRO) tokens clash over legitimacy, while Fartcoin (CRYPTO: FARTCOIN)—an AI-inspired meme token—surged to a market cap of $763.9 million. What Happened: Own The Doge DAO, the organization holding the original Dogecoin (CRYPTO: DOGE) meme IP, announced that it has acquired the rights to use the likeness of Neiro.

Positive
cover-imageUToday
December 18, 2024

Shiba Inu (SHIB) on Verge of Bullish Comeback: Possible Scenarios

The last few days have been ugly, to say the least, for holders of the popular meme-inspired cryptocurrency Shiba Inu (SHIB). After a huge surge of nearly 100% since the beginning of November, the price of SHIB has dropped nearly 23% in the last nine days and recently hit a major support level at around $0.000025 per token.

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