Shiba Inu, the dog-themed cryptocurrency, has recorded a 367% jump in burn rate, sending over 11.5 million SHIB to dead wallets. According to Shibburn's update, the burn occurred only in two transactions.

A widely followed analyst and trader is leaning bullish on the Solana-based pet-themed memecoin cat in a dogs world (MEW) while outlining his forecast for Dogecoin (DOGE) and Shiba Inu (SHIB).

Over the past week, blue-chip assets like Bitcoin (BTC) and Ethereum (ETH), have been major topics of discussion in the cryptocurrency space — and rightfully so — after a strong positive performance week. Meme coins such as Dogecoin (DOGE) and Shiba Inu (SHIB) have also enjoyed a fair share of the attention in the last seven days.

DeFi ecosystem expert has given an eye-opening investment alert that could help you make millions of dollars if you take early action. This expert has predicted the ETFSwap (ETFS) price to make a meteoric 20,700% rally from its current presale price of $0.03846 to $8 in the coming crypto market cycles.

Shiba Inu (SHIB) is now priced at about $0.00001783, just below a key resistance zone which means that the market is in a good mood. Market analysts are ready to witness another possible rally in the meme coin space.

The Shiba Inu price surged 2.7% during Friday's trading session to reach $0.000018. The bullish narrative is fueled by restoring Uptober rally sentiment as Bitcoin climbs toward $70,000.

There are still reasons to believe that Shiba Inu (SHIB) could be one of the major gainers in this market cycle despite its underperformance compared to other meme coins. These reasons relate to the meme coin's fundamentals, which paint a bullish outlook for it.

Shiba Inu (CRYPTO: SHIB) is riding a price pump off the back of Dogecoin (CRYPTO: DOGE) leading a broader meme coin rally. What Happened: On-chain intelligence firm Arkham Intelligence recently reported an unknown whale withdrawing 105.9 billion SHIB, valued at $1.99 million, from Coinbase in a transaction split into three parts.

Solid buying in the Bitcoin ETFs suggests that investors expect Bitcoin to breakout to a new all-time high. Will altcoins follow?

The price action and momentum were bullish, but the buying volume was tepid. This trend was seen in the mean coin age as well.

A look at the large transaction volumes for SHIB shows that buying pressure from whales has waned.

Leading U.S. exchange Coinbase has been hit by the withdrawal of billions of Shiba Inu (SHIB) tokens over the past 24 hours.

Data shared by the Shibburn tracker shows that this metric has demonstrated an impressive increase both on the 24-hour and weekly time frames. The SHIB army has managed to dispose of a mammoth amount of meme coins lately.

As speculation builds around Donald Trump's potential creation of the Department of Government Efficiency (D.O.G.E.), investors are on the hunt for the next big Dogecoin rival to buy.

Since last weekend, crypto buyers have returned enthusiastically, delivering the Q4 momentum many had anticipated. With Bitcoin's October performance flipping to the green, the altcoin market is gathering sufficient strength to spark a high-momentum rally.

SHIB bulls beware: here's what signals a possible correction in the short term.

NEIRO, a newly added meme coin, has been causing a stir after it reached an increase of 5400% in just a month. After being listed at a price of $0.00003109, NEIRO climbed the ranks to $0.001710 on the price charts due to market fervor.

While past Shiba Inu and XRP price surges have made the tokens a darling to most crypto investors, a new AI token has emerged and has already seen a significant price surge in its ongoing presale.

The official SHIB marketing lead who uses pseudonym Lucie has published a tweet on her X account to discuss the issue of increased FUD (a popular acronym within the crypto community that means “fear, uncertainty, doubt”) aimed at the SHIB team and the Shiba Inu ecosystem. Per her tweet, the FUD against SHIB has reached an all-time high.

At 443 trillion tokens, Shiba Inu is trading close to a crucial support level that could act as a solid safety net for the current price threshold. This extensive support zone connected to 1,633 addresses activity provides information about possible market movements.

SHIB whales on the run, Shiba Inu sees its hopes of a rebound swallowed in the ocean of crypto.

As the crypto market progresses towards Q4 of 2024, investors anxiously await the next big thing to unfold. Among the older reputed players like Litecoin (LTC) and Shiba Inu (SHIB), numerous challenges impede them.

Shiba Inus whale transactions have sharply decreased, plummeting from typical highs of four trillion SHIB to just 500 billion in the past seven days. This unexpected decline may significantly affect the tokens future price and volatility.

As it gets closer to forming a golden cross, Shiba Inu is exhibiting indicators of a possible breakout. The 50-day moving average crossing above the 200-day moving average is a bullish pattern that frequently results in a substantial increase in market momentum.

Shiba Inu is on the cusp of a significant transformation. Lucie (@LucieSHIB), the marketing lead for Shiba Inu, announced via X on October 17 that the Shiba Inu Decentralized Autonomous Organization (DAO) and the Shib Doggy DAO Foundation are “coming soon,” signaling a pivotal shift toward decentralization and community governance.

To the surprise of various community members, the Shiba Inu team has announced the postponement of the highly anticipated ShibaCon conference. Originally, scheduled to take place on November 9, the Shiba Inu team has decided to reschedule the ShibaCon conference till further notice, leaving many in the community wondering what prompted the sudden change.

Shiba Inu (SHIB) price forecasts are turning bullish, with one popular TradingView user predicting a stunning 400% surge in the coming months and weeks.

On-chain metrics unravel a momentum change, but two gargantuan resistance levels loom in Shiba Inu's upward journey.

Shiba Inu (SHIB) price, a popular meme cryptocurrency, is gaining attention as it shows signs of potential value growth. With the broader cryptocurrency market struggling to maintain momentum, SHIB stands out with notable developments.

The markets are always buzzing with predictions, and the latest one is turning heads. Dogecoin price, a fan favourite, is expected to rally to $1 before December.

The Dogecoin price has rallied by over 7% in the last 24 hours, outperforming Bitcoin and Shiba Inu. This price rally is primarily thanks to the world's richest man, Elon Musk, who continues to support the foremost meme coin indirectly.

SHIB's market cap must rise by approximately 10x for the prediction to come true.

If big investors continue buying Shiba Inu, it could boost interest in the market, helping SHIB break through its price limit and rise higher.

Early Bitcoin adopter Jeremie Davinci has taken to his account on the X social media giant (formerly known as Twitter) to share his take on what he believes meme coins, including flagships Dogecoin and Shiba Inu, can reach in this market cycle in terms of market capitalization value.

The consolidation phase in SHIB price, marked by resistance at $0.000018 and support at $0.000016, has prompted Shiba Inu whales to gradually increase their holdings.

Amid fluctuating price trends in the cryptocurrency market, Shiba Inu (SHIB) continues to experience significant volatility, facing persistent challenges at its resistance levels. Over the past 20 days, the meme coin has encountered rejection six times, raising questions about its ability to break through its current barriers.

As Shiba Inu (SHIB) continues to reign supreme as the second-largest meme coin based on market value, the altcoin is witnessing an impressive holding culture.

Amid increased price volatility in the crypto market, top projects have recorded a significant uptrend with some altcoins recording double-digit gains. However, the Shiba Inu price has repeatedly faced rejection at its resistance level of the trend pattern. Notably, it has repeatedly faced 6 rejections over the past 20 days.

Shiba Inu coin once again caught the eyes of crypto market enthusiasts as SHIB team confirms that the ecosystem is eyeing a transformative shift ahead. On Thursday, the marketing lead highlighted that the Shib Doggy DAO and Foundation launch remains imminent.

Dog-themed cryptocurrency Shiba Inu might be on the verge of a transformative shift that will put power into the hands of real holders. A recent update from Shiba Inu team member Lucie has hinted at upcoming governance milestones, which would mark Shiba Inu's next chapter in the coming days.

The price of Shiba Inu (SHIB) has resumed its uptrend as it pulls back and finds support above the moving average lines. During the initial surge, the altcoin peaked at $0.00002167 before being pushed back.

When market exhaustion sets in, SHIB sees higher daily gains as BTC traders reallocate profits into high-cap tokens.

The growth of altcoins: focus on Shiba Inu (SHIB) and Ripple (XRP).

Shiba Inu's price currently needs help finding a clear direction, with its key momentum indicators signaling a weakening trend and reduced momentum. This indicates a consolidation period for the leading meme coin, where neither bullish nor bearish forces dominate.

Recent whale activity on Shiba Inu has sharply decreased, with large transactions falling to just 500 billion SHIB over the last seven days. This represents a sharp decline from the typical highs of four trillion SHIB and a significant change in the volume of transactions for the token.

Shiba Inu (SHIB) has garnered attention from traders and investors alike. After a period of uncertainty and volatility, recent technical indicators suggest that SHIB may be poised for a bullish trend.

SHIB's burn rate surge and growing network activity are good signs, but is that all?