The Shiba Inu (SHIB) cryptocurrency has recently made waves by breaking through a significant resistance level, sparking excitement among investors. This milestone has led some to question whether SHIB is now a better investment opportunity than its rival, Dogecoin (DOGE).
Shiba Inus burn rate has fallen sharply by over 100%, sparking fears of an imminent SHIB price crash. On-chain data highlights increased exchange deposits and declining trader activity, pointing to mounting selling pressure.
The burn rate of the meme cryptocurrency, Shiba Inu (CRYPTO: SHIB), has surged by a whopping 515.33%. This data comes from the widely used transaction tracker Shibburn.
The Shiba Inu price is flashing bullish signals that could pave the way for an impressive 130% rally to new levels. A crypto analyst has highlighted a pattern of higher highs, solidifying his optimistic price projection of an imminent price surge for SHIB.
Shiba Inu witnessed retracement after a recent bullish rally to the $0.000034 target. Shiba Inu coin burn rate and addresses have dropped in a week, hinting at a decline in sentiment for further upside.
Dog-themed Shiba Inu (SHIB) has shown interesting metrics in the past 24 hours and over the week. As noted by Shibburn, an online transaction tracker monitoring the amount of SHIB sent to dead wallets, Shiba Inu's burn rate might trigger a price uptick.
Shiba Inu price continued to consolidate this weekend even as some cryptocurrency analysts remained optimistic.
One of the SHIB social media admins, known on the X social media platform as @DavinciShib, has addressed the vast global community of the second largest meme cryptocurrency Shiba Inu, warning them against possible scams on the decentralized Shibarium network.
Experts point to a new AI coin selling for $0.07 amid its presale as potentially primed to outrun top altcoins like Shiba Inu (SHIB) and TRON (TRX). Backed by a utility-packed protocol that capitalizes on blockchain and artificial intelligence technology, this AI coin is set to revolutionize the investment landscape and reward early adopters handsomely.
Shiba Inu price, a popular meme-based coin, surged within the past 24 hours, reflecting broader market bullish trends. The cryptocurrency market has gained momentum over the last month, attracting significant attention from investors.
Popular transaction tracker Shibburn, which monitors SHIB transfers to dead-end wallets, has shared that since last morning, the SHIB army has been actively shoveling meme coins into the virtual furnace of zero wallets.
Shiba Inu (SHIB) has formed a rare 3-year cup-and-handle pattern, hinting at a possible bullish breakout ahead.
As its price action tries to bounce back from recent losses, Solana finds itself in a vulnerable position. A declining trendline on the chart indicates persistent selling pressure, and buyers are frantically attempting to protect the 26 EMA, a crucial support level.
Shiba Inus price is on edge, with Bollinger Bands pointing to a possible 17% crash or a surprising breakout. As the weekend approaches, SHIBs next move could define its short-term trajectory amid heightened market tension.
Bitcoin is facing selling above $100,000, but the repeated retest of a resistance level increases the likelihood of a breakout.
Shiba Inu (SHIB), the second-largest meme coin by market cap, may soon awaken, according to popular cryptocurrency analyst Zach Humphries.
The price of the popular meme-inspired cryptocurrency Shiba Inu (SHIB) has come to a point that can be described as nothing short of "now or never." According to the Bollinger Bands indicator, the Shiba Inu token has hit the median line, a fixation below which could result in a painful drop of more than 17% to the lower end of the range.
As fear, uncertainty and doubt reign in the cryptocurrency space, market participants find themselves in the midst of notorious volatility and dislocation in the prices of digital assets. Against this backdrop, it is extremely difficult to make investment decisions, and there is little to guide one.
Fartcoin (CRYPTO: FARTCOIN), a meme-based cryptocurrency with unconventional origins, has hit an all-time high market capitalization of $763.9 million. The Solana (CRYPTO: SOL)-based token's meteoric rise, reaching a preliminary all-time high of $764 million on Friday per DexScreener data, has been driven by a mix of online speculation and social media buzz.
The Shiba Inu price is gearing up for a massive rally amid positive market trends. Notably, the SHIB burn rate also noted a massive surge of over 3700% today, indicating a bullish momentum ahead for the crypto.
The orders imbalance showed that sell orders were few within 10% of the price. This can be perceived as a short-term SHIB buying opportunity.
Shiba Inu (SHIB) has risen 8% to $0.000029, bringing 69% of holders into profit while showing mixed on-chain metrics and decreased burn rate, with technical analysis suggesting potential for further upward movement to $0.000081.
Legacy memecoins have done well so far, but their position could be under threat soon.
17 million Shiba Inu (SHIB) tokens were burnt in the last 2 days, data provided by shibburn.com suggests. That makes for a good title, but actually, that only amount to token worth around $500 being burnt. The post Shiba Inu Burns 17M Tokens – Could a Parabolic Rally Be Next? appeared first on Cryptonews.
The Shiba Inu price has rebounded towards $0.00003, which has put most of the SHIB holders back in the green. This is significant, considering how it could set Shiba Inu on a path to higher prices.
Shibarium, the blockchain scaling solution designed to enhance Shiba Inu's ecosystem, has recently surpassed 600 million transactions. This is a remarkable achievement that highlights its growing popularity and the efficiency of the network in handling high volumes of transactions.
Shiba Inu (SHIB), the popular and second-largest crypto meme coin by market cap, is poised for upside momentum as whale interest in the meme coin skyrockets. Despite the recent price decline across the cryptocurrency market, whales' interest and confidence in SHIB remain unchanged, according to an on-chain analytics report by Coinglass. 3.
Shiba Inu (SHIB) has gained significant attention in the cryptocurrency world with its impressive 133% surge from the low of $0.000013 in August to its recent high of $0.00003031 in early November. This surge has prompted experts to revise their predictions for the coin's potential future price movements, specifically for targets like $0.0001, $0.001, and $0.01.
Shiba Inu (SHIB) is once again capturing attention as it approaches a pivotal price level, with the $0.00002960 resistance emerging as a defining hurdle for the bulls. After a period of steady gains, market participants are now focused on whether SHIB can muster enough strength to break past this critical threshold.
Shiba Inu (CRYPTO: SHIB) whale Shibtoshi, known for his mysterious persona and gold-themed public mask, has risen to prominence in the crypto world. Operating mostly under a veil of anonymity, he shared his story of turning 37 ETH into a multi-billion-dollar Shiba Inu fortune while navigating the volatile world of cryptocurrency.
Shiba Inu (SHIB) has seen significant price action recently, though it has struggled to break past a crucial resistance level. Despite the lack of sharp gains, investor confidence remains high.
Bonk (CRYPTO: BONK) continues to chase Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB), performing slightly better than its two bigger rivals over the past 24 hours. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Bonk (CRYPTO: BONK) $0.00003949 $2.98 billion +2% -8.4% Dogecoin (CRYPTO: DOGE) $0.4148 $60.9 billion +0.2% -8.1% Shiba Inu (CRYPTO: SHIB) $0.0000288 $16.9 billion +0.2% -10.1% Trader Notes: Crypto trader Cold Blooded Shiller noted Bonk chart is reflecting a huge weekly retest:
Although it may seem like a huge amount, the 10 trillion Shiba Inu that whales have transacted in the last 24 hours are nothing in comparison to its historical highs. Significant market movements may be predicted by high transaction volumes, which frequently signal increased whale activity.
The marketing lead of the Shiba Inu team, known as Lucie, took to her account on the X social media platform to share a bullish Shiba Inu price prediction provided by a cryptocurrency analyst.
Shiba Inu (SHIB), the second-largest memecoin by market cap following Dogecoin (DOGE), is now experiencing a notable surge in its price after breaking through key levels in the past week. Currently trading at $0.00002877, SHIB has risen 14% over the past day, signaling renewed investor interest.
As the year ends, the Shiba Inu price gains significant traction, surging recently by 5%. Despite minor corrections, SHIB remains bullish, rebounding from key support levels and signaling potential growth.
The crypto industry is experiencing fresh growth in price as the combined market cap jumped 5.06% to $3.62 trillion. Riding this positive momentum is Shiba Inu (SHIB), the second-largest meme coin, which is up 7.05% in 24 hours to trade at $0.00002926, per CoinMarketCap data.
Dogecoin, Shiba Inu, and Pepe show mixed signals in technical analysis. DOGE targets $1, SHIB eyes a 50% rebound, and PEPE risks a 40-50% correction after its overheated rally.
"We could be soon witnessing a more than 180% climb unfold in front of our eyes," one analyst predicted.
The memecoin is in a pump of +203% compared to a year ago, but how will the last month close?
Bitcoin's rally above $100,000 has improved sentiment, triggering a strong recovery in several altcoins.
A new token with 20,000% growth potential aims to surpass Shiba Inu's success. #partnercontent
Meme coins Peanut The Squirrel (CRYPTO: PNUT), Popcat (CRYPTO: POPCAT), and Goatseus Maximus (CRYPTO: GOAT) surged on Wednesday amid significant exchange listing announcements, surpassing the performance of Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB). Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Peanut The Squirrel $1.30 $1.29 billion +30% +4.3% Popcat $1.26 $1.23 billion +14.7% -8.9% Goatseaus Maximus $0.6855 $685.4 million +29.2% -11.8% Dogecoin $0.4123 $60.5 billion +7.3% +0.0% Shiba Inu $0.00002917 $17.1 billion +13.8% -2.5% Trader Notes: Crypto trader Dami-Defi predicts PNUT could bring life-changing opportunities.
Memecoins like DOGE and SHIB plunge amid market-wide liquidations and heightened volatility.
Shiba Inu marketing exec Lucie unveiled the SHIFU airdrops enticing details, offering rewards to LEASH, BONE holders, gamers, and NFT enthusiasts. The announcement comes as SHIB price spikes 4% intraday, fueling excitement across the community.
‘Dogecoin Killer' Shiba Inu (CRYPTO: SHIB) is holding firm at a crucial horizontal support level, fueling speculation of significant upside potential. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Shiba Inu (CRYPTO: SHIB) $0.000029 $17 billion +15.1% -4.1% Dogecoin (CRYPTO: DOGE) $0.4166 $61.3 billion +10.8% +1% Pepe (CRYPTO: PEPE) $0.00002503 $10.5 billion +9.4% +15.8% Trader Notes: Traders are closely monitoring the meme coin's price action as it shows resilience in a challenging market environment.
Shiba Inu's marketing lead Lucie sparked a flurry of discussions across the broader market on Wednesday, revealing vital updates on the SHIFU coin airdrop. Notably, the marketing lead revealed key opportunities for LEASH and BONE holders as the airdrop approaches while also highlighting the benefits for SHIB gamers and NFT enthusiasts in light of the