On-chain data reveals Shiba Inu faces a pivotal moment as 76 trillion SHIB holders hover near critical price points. A breakout above $0.000027 could spark a rally, but profit-taking looms if support falters.
Bitcoin price struggles to overtake $100,000, but the predictable price action is creating a path forward for many altcoins.
Shiba Inu (SHIB), a leading meme coin, has gained notable traction this month, riding on a wave of market optimism. Over the past year, SHIB's value has surged by an impressive 200%, highlighting its resilience and strong community backing.
Kaal Dhairya, a key figure in the Shiba Inu (SHIB) ecosystem, strongly believes in the long-term sustainability of the meme-inspired cryptocurrency, suggesting that SHIB will continue to thrive for the next 20 years.
On-chain data indicates intriguing dynamics that may determine Shiba Inu's future course, indicating that the species is at a turning point. The data indicates that addresses holding positions within a narrow price range account for about 76 trillion SHIB.
According to the data provided by Shibburn, over the past day, the SHIB community managed to dispose of a mammoth amount of SHIB, which surpasses one billion meme coins.
A major Shiba Inu whale has once again sparked noteworthy market intrigue as it was recorded heavily bagging the meme token on Friday. Notably, on-chain data showed that the trader significantly increased his holdings to $21.72 million worth of SHIB after one month of inactivity.
As Shiba Inu's trading volume falls to alarming levels, the company finds itself at a turning point. A declining volume may halt any upward momentum for the token by indicating a lack of confidence among traders in addition to posing liquidity issues.
Shiba Inu (SHIB) has been garnering significant attention from traders and analysts as it forms a symmetrical triangle on its 4-hour chart. This chart pattern, often associated with periods of indecision, raises questions about whether SHIB will break out to higher levels or experience a breakdown below key support levels.
Shiba Inu lead developer Shytoshi Kusama has set a bold vision to take SHIB into the top five cryptocurrencies by 2025. In a major milestone, the community burned 61.4 million SHIB in 24 hours, sending the burn rate surging by over 5,500%.
SHIB burn rate jumps 5545% overnight! Will rising burns and new Binance tools drive prices up?
Amid ongoing price consolidation, whales appear to be making big bets on Shiba Inu (SHIB), the second-largest cryptocurrency by market cap. Over the past two weeks, SHIB has been consolidating within a tight range between $0.00002287 and $0.00002644. Whales and Institutions Strong Action During this range, whales and institutions have accumulated a substantial 5.
Amidst the recent bull run, whilst other cryptocurrencies have displayed impressive surge in recent weeks, the price of Shiba Inu has been discouraging. SHIB recorded only 35% gains in the last four weeks. However, Dogecoin has surged by 143% during the same period, and PEPE saw an impressive 105% monthly gains.
The Shiba Inu price is currently witnessing a significant correction alongside Bitcoin. However, crypto analysts have suggested that Shiba Inu can experience a parabolic rally if the flagship crypto were to enjoy a bullish reversal above $100,000.
The meme-inspired cryptocurrency Shiba Inu has seen its daily burn rate soar last month by over 24,000% to 270.7 million tokens as the price of the cryptocurrency soared around 35.1% over the last 30 days. According to data from Shiba Inu burn rate tracker Shibburn a total of 270.
Shibarium is making waves in the DeFi industry. Data from DeFiLlama shows that Shibarium's DeFi TVL has soared to $3.76 million, marking its highest level in 30 days.
Shiba Inu (SHIB) coin holders, instrumental in the meme coin's recent recovery, are driving the potential for another rally. Over the past three days, a significant number of SHIB tokens have been moved off exchanges, signaling strong activity.
Dogecoin, Shiba Inu, and Bonk have formed bullish price patterns and are correcting from their respective resistance levels, creating potential buying opportunities.
The Shiba Inu lead Shytoshi Kusama in a latest tweet has shared an AI-generated image depicting ‘how it feels trying to give utility to a meme coin and take it from top 15 to top 5, in less than 5 years, and without a huge budget'. He clarified that he was talking about SHIB.
Shiba Inu price plunged 17% to hit $0.000024 on Thursday, Nov 28. Traders spotted buying the dip as SHIB sets up for a major breakout in December.
In a recent tweet, the enigmatic Shiba Inu lead Shytoshi Kusama addressed issues of working with a meme coin to give it utility and then take it to the top five list of cryptocurrencies. He then specified that he was talking about SHIB.
Today, Nov. 28, is Thanksgiving Day in the U.S., which means the country's financial markets are closed. For the cryptocurrency market, this means that there is no activity on the part of traditional market participants in the area of Bitcoin ETFs and Ethereum ETFs in particular.
In the last 24 hours, the meme coin market has witnessed a growth of 4.1%. In line with the trend, the second-largest meme coin by market cap, Shiba Inu, has recorded a surge of 3.2%. Notably, during this period, the burn rate of Shiba Inu has experienced a remarkable rise of 5545.73%.
Shiba Inu's token burn rate increased by 4500% as 53.61 million tokens were destroyed, while Binance expanded trading options and the price rose 5% to $0.00002557.
Whale sell-offs spike 712% while burn rate surges 4500%. Explore key levels and what these developments mean for SHIB's price outlook.
Popular dog-themed meme coin Shiba Inu may be transitioning towards bullish territory once more as SHIB seems to be regaining its upward momentum for another notable rally after a recent price decline, which caused the token to drop to the $0.000023 level.
Data shared by the blockchain tracker Shibburn has revealed that in the last day, the SHIB army has managed to shovel another big meme coin lump into “inferno” wallets, removing tens of millions of SHIB.
Shiba Inu coin has again reverberated bullishness across the broader market on Thursday, witnessing a staggering 4500% uptick in the SHIB burn rate. Latest burn data indicated that over 50 million coins were taken out of the token's circulating supply, underlining the crypto's potential to pump ahead.
Shiba Inu (SHIB) has been stuck in a bit of a holding pattern, but something could be brewing. The price is sitting at $0.00002552, and it's been up about 3.77% recently. But here's the kicker—SHIB is forming a symmetrical triangle on the charts. If you're into technical analysis, you know this often signals a breakout.
SHIB's triangle pattern shows an indecision, will Shiba Inu break out or fall below support?
Bitcoin's strong recovery shows aggressive buying on every minor dip, but the bulls may struggle to overcome the $100,000 resistance.
Shiba Inu whales made waves with a 712% surge in token outflows, unloading 7.48 trillion SHIB in 24 hours. The dramatic activity coincided with an 8% price drop, leaving traders on edge about the cryptocurrencys next move.
Binance has rolled out trading bots for SHIB and APE, alongside zero-fee promos, creating a buzz in the altcoin market. Price surges in SHIB, APE, and EIGEN suggest a rally could be on the way.
Shiba Inu (SHIB) and Dogecoin (DOGE) have been known as the finest meme-coin supremacy contenders and that is subject to change for a new player emerging from the shadow. Maintaining its recent growth. Shiba Inu still lags behind when it comes to market performance relative to Dogecoin.
Recent listings on Coinbase and Robinhood have invigorated bullish sentiment about Pepe, with traders calling for new all-time highs to come soon. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Pepe (CRYPTO: PEPE) $0.00001833 $7.7 Billion +1.8% -9.2% Dogecoin (CRYPTO: DOGE) $0.3934 $57.8 Billion +4% +0.99% Shiba Inu (CRYPTO: SHIB) $0.00002499 $14.7 Billion +4.2% +1.9% Trader Notes: Crypto trader MaxBecauseBTC sees Pepe standing out in the meme coin space, predicting it will join Dogecoin and Shiba Inu as multi-billion-dollar assets.
The crypto markets are consolidating as the Bitcoin bulls are displaying weakness as they are struggling to hold the rally above $93,000. Meanwhile, the top memecoins like Dogecoin and Shiba Inu continue to rise with a decent range.
The popular Shiba Inu (SHIB) cryptocurrency is seeing disturbing developments in the behind-the-scenes, on-chain reality of the crypto market. According to data from IntoTheBlock, the number of Shiba Inu tokens shipped from wallets by major token holders over the past 24 hours totaled 7.48 trillion SHIB.
Check out some of the latest SHIB price predictions.
Binance has expanded its trading offerings by adding new pairs and trading bots services for trending crypto. Binance Spot will launch pairs for crypto including Apecoin (APE), Hedera (HBAR), Book of Meme (BOME), and other key tokens.
Shiba Inu price and other meme coins have wavered this week as the recent momentum waned and as Bitcoin failed to cross the $100,000 resistance. Still, technicals suggest that the SHIB coin may be about to go parabolic after forming four bullish patterns.
Dog-themed cryptocurrency Shiba Inu (SHIB) is seeing a modest increase in large transaction volume, rising by 5.32% over the past 24 hours. While this uptick suggests some activity among large holders or whales, it is still a very modest rise in comparison to what the cryptocurrency has seen recently.
Lucie, the marketing lead for Shiba Inu, shared that the ecosystem would be offering significant rewards for new users engaging with the liquid staking feature. Though the exact reward details are yet to be fully disclosed, Lucie emphasized that participants could expect up to $500 in rewards for getting involved in this program.
Shiba Inu (SHIB) is garnering attention for its robust performance and potential for future expansion as 2024 draws to a close. SHIB has managed to captivate the interest of both investors and crypto enthusiasts, as it is currently dealing at $0.00002566.
The Shiba Inu burn rate is facing new challenges amidst a corresponding lull in the Shiba Inu price. According to data from Shiba Inu burn tracker Shibburn.
Shiba Inu price, a prominent meme coin, has recently witnessed a substantial 41% increase in its value over the past month, marking a robust bullish trend. This surge has contributed to an overall growth of 195% in the past year, boosting confidence among investors.
With news about new rewards unveiling, token burns, and an optimistic 200% Shiba Inu price prediction, could it be enough for the SHIB price to recover?
Shibarium, powered by Shiba Inus active community, hit a record $8.57 million in TVL before a market downturn reduced it to $4.58 million. Shiba Inu leads staking activity with $3 million, underscoring its dominant role in the ecosystem.