The crypto market is recovering, with assets like Dogecoin (DOGE) bouncing back from multi-month lows. The Dogecoin price has jumped by 12.67% in 24 hours, pushing the meme coin to the $0.3379 price mark.
Is SHIB on the verge of a pivot after the latest bearish onslaught? We explore its latest performance and a deal that could sweeten the long term outlook.
The Shiba Inu price has crashed below $0.000022, declining by more than 20% in just one week. This massive crash has left 43% of SHIB investors facing losses.
Days back, Dogecoin, the largest dog-themed meme coin, witnessed a notable setback, causing a sharp drop in its price to critical support levels. Despite the recent waning performances, several key developments suggest that DOGE might be preparing for its next major rally to new heights in the short term.
Crypto analyst Trader Tardigrade has provided insights into the current Dogecoin price action. The analyst revealed that Dogecoin is currently stuck in a range amid the recent crypto market crash and suggested what could happen if the foremost meme coin breaks out of this range.
While the XRP price is making waves and Dogecoin hype continues to dominate headlines, top crypto traders are quietly shifting their focus to an emerging AI altcoin that's turning heads. WallitIQ (WLTQ), priced at just $0.0243, is capturing serious investor interest with its groundbreaking AI-driven capabilities and skyrocketing growth potential.
The market for Dogecoin (DOGE) is contracting: the memecoin shed more than 25% of its value during the last three days. The broader market is still bearing the brunt of Bitcoin's crash, worrying both investors and speculators.
With the market on the verge of another altcoin season, experts have selected XRP, Dogecoin, and RCO Finance as the top cryptocurrencies vying for the highest ROI by 2025.
Shiba Inu is under pressure, with whales moving 2.75 trillion SHIB out of key wallets in just 24 hours. The tokens 23% price slump highlights the effects of increased volatility and bearish market sentiment.
Over the past 12 days, Dogecoin (DOGE) has endured a sharp decline, shedding more than 40% of its value. After trading above $0.48 on December 8, the meme-inspired cryptocurrency briefly sank to $0.2638 by December 20, prompting a wave of speculation about its near-term direction.
Dogecoin is at risk of further losses as a whale moved $59 million worth of DOGE to Binance. Analysts highlight $0.20 as a critical support level, citing market corrections and external economic factors as potential triggers.
A widely followed crypto analyst says that one Solana (SOL)-based meme asset with a $1.89 billion market cap is going to zero against Dogecoin (DOGE).
Cryptocurrency markets saw volatile trading on Friday despite growing interest in spot ETFs. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $97,108.38 +0.3% Ethereum (CRYPTO: ETH) $3,462.57 +2.6% Solana (CRYPTO: SOL) $190.13 -1.3% XRP (CRYPTO: XRP) $2.27 +2.5% Dogecoin (CRYPTO: DOGE) $0.3152 +0.9% Shiba Inu (CRYPTO: SHIB) $0.00002172 +0.5% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 4.6% and daily active addresses falling by 0.3%.
Shiba Inu (SHIB) could be on the cusp of a major lift-off following a groundbreaking partnership with Chainlink (LINK), a leader in blockchain interoperability.
The entire crypto market has been riddled with a notable decline in the past 24 hours, led by Bitcoin's break below the $100,000 price level again. Dogecoin wasn't left out of this decline, which saw its price crashing by almost 15% and eventually reaching below $0.31.
Bitcoin's (CRYPTO: BTC) sell-off on Friday saw prices dip below $93,000, but Bitwise CIO Matt Hougan argues that the current pullback is a “hiccup” rather than a trend reversal. Hougan sees strong underlying factors including regulatory tailwinds, institutional adoption and Bitcoin purchases by governments as structurally bullish factors for Bitcoin.
The crypto markets faced a massive sell-off that began ever since Bitcoin marked the highs at $108,000 a few days ago. However, the top memecoins, Dogecoin & Shiba Inu, had triggered much before the BTC price crash, which suggests the market participants have exited the memecoin space much before and entered the star token.
Bloomberg Senior ETF analyst Eric Balchunas showcased a PR pitch he received on mail, revealing the 20 best-performing meme coins of 2024. What Happened: Balchunas highlighted a list of the top-performing meme coins of 2024, compiled by Kryptocasinos.
Shiba Inu has taken a significant step forward by partnering with Chainlink to enhance cross-chain functionality and data integration across its ecosystem, according to a Dec. 19 statement. This collaboration introduces cutting-edge interoperability features and positions the Shiba Inu network for broader adoption.
A solid recovery in Bitcoin price is a hint that bulls have not given up on BTC and altcoins as they continue to buy dips below key support levels.
"We're excited to enter a partnership with Shiba Inu and grow its ecosystem together," Chainlink's CBO said.
The price of the meme-inspired cryptocurrency Dogecoin is down nearly 7% over the last 24-hour period to now stand at $0.31 per DOGE, down from around $0.40 a week ago amid a wider cryptocurrency market downturn.
Shiba Inu has entered into a strategic partnership with Chainlink, according to a press release published in SHIB Magazine.
Dogecoin holders eagerly await Elon Musk, the “Dogefather,” to drive DOGE to $5, but a new contender, Rexas Finance (RXS), priced at just $0.15, is gaining momentum and could hit the mark even faster. With its focus on tokenizing real-world assets, a successful presale raising over $27.
Like other cryptos in the market, Shiba Inu's (SHIB) price experienced a double-digit decline in the last 24 hours. This price decrease could be linked to the rising dominance of SHIB bears, as bulls appear to have taken a backseat.
Billy Markus, founder of Dogecoin (DOGE) known on social media as Shibetoshi Nakamoto, dropped a cryptic post on X. The post reflects his reaction to the rapid decline witnessed in the prices of Bitcoin (BTC), Dogecoin (DOGE) and Ethereum (ETH).
Although Shiba Inu and Dogecoin have been capturing headlines for some years, a new contender, PropiChain, is positioning itself as the future of blockchain innovation. Industry analysts predict that PropiChain could soar by 65,000% by January 2025, leaving meme coins like Dogecoin and Shiba Inu in the dust. This surge isn't just speculation.
The Dogecoin price is at risk of more decline following a recent whale movement, which indicates a potential sell-off. The foremost meme coin is already down over 18% in the last 24 hours amid this recent crypto market crash.
The Shiba Inu price has plummeted by 20% today, with the meme token dropping to $0.00001927 amid whale dumps and a general market selloff. The post Shiba Inu Price Crashes as $6M Whale Sell-Off Sparks Chaos – Buy the Dip or More Selling to Come? appeared first on Cryptonews.
According to data from IntoTheBlock, Shiba Inu (SHIB) has seen a staggering 2.75 trillion SHIB recorded in large holder outflows alone in the past day. This movement is part of an even larger trend, with the total large transaction volume for SHIB hitting 6.37 trillion SHIB in the past 24 hours.
The crypto market is facing significant this week and the price of meme coins like Floki and Bonk are falling sharply today following a dire outlook from the Federal Reserve regarding inflation and the pace at which they plan to cut rates next year.
Dogecoin (DOGE) price has experienced a sharp reversal after recently surpassing Porsche's market cap earlier this December. Following a strong rally, DOGE is now retracing, correcting 20% in the last 24 hours and nearly 30% over the past seven days.
Dogecoin, which recently peaked locally at around $0.50, has been on a sheer decline, dropping 40%. As the asset tries to hold onto the momentum it acquired earlier in the bull run, the sharp decline indicates strong selling pressure.
Bitcoin, Ethereum, Solana, and XRP are down bad, but Dogecoin is the biggest loser by far in the top 10 coins with a 19% daily dump.
Dogecoin price has broken below a key support level and its key metrics point to an asset primed for more downward pressure.
Dogecoin price has nosedived as a wave of selling intensified in the crypto industry following the highly hawkish Fed decision. Dogecoin (DOGE) has dropped for five consecutive days, reaching its lowest level since Nov. 11.
Dogecoin's (CRYPTO: DOGE) sharp 21% decline has raised alarms among traders and investors, as it struggles to maintain key support levels critical to preventing a further downturn. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin (CRYPTO: DOGE) $0.2867 $42.2 billion -21.2% -29.3% Shiba Inu (CRYPTO: SHIB) $0.00001987 $11.7 billion -17.9% -29% Pepe (CRYPTO: PEPE) $0.00001987 $6.5 billion -19.7% -34.5% Trader Notes: Crypto trader Kevin recalled his controversial Nov. 13 prediction that Dogecoin would drop to $0.26–$0.28, which has now come true.
As Bitcoin witnessed a drop of 11.25% in its price, the whole crypto market started bleeding. The memecoin OG, Dogecoin took a severe hit and fell 32% in the last three days. Dogecoin price today is down by 20.70% as compared to the last 24 hours.
The crypto market recorded volatile trading this week, following a robust rally over the past few months. Bitcoin (BTC) and top altcoins like Solana (SOL), XRP, Dogecoin (DOGE), and others have recorded significant gains this year.
Bitcoin Plunges to $93K, Dogecoin Down 27% as Crypto Bloodbath Goes On
Bitcoin (CRYPTO: BTC) on Friday plummeted approximately 10% to a preliminary low of $92,250, influenced by the Federal Reserve's recent “hawkish” 0.25% rate cut and a combination of profit-taking and technical market forces, according to industry experts. Ethereum (CRYPTO: ETH) has followed Bitcoin down, falling 16% to $3,115.
Chainlink has formed a strategic partnership with the Shiba Inu memecoin ecosystem.
Shibarium, Shiba Inu's Layer-2 blockchain network, has partnered with Chainlink to bring cross-chain interoperability and advanced data integration to its growing decentralized ecosystem.
The Shiba Inu meme coin has grown to a vibrant Web3 ecosystem through the Shibarium layer two scaling solution, which has over $3.4 million in TVL.
Dogecoin fell 12.4% to $0.31 amid increased trading volume and major exchange outflows following Fed Chair Powell's hawkish comments on inflation, while maintaining its position as the seventh-largest cryptocurrency by market capitalization.
Shiba Inu has suffered a significant setback, losing almost 20% of its value in a few trading sessions. The price has fallen through important support levels such as the 50 EMA and is currently trading at about $0.00002214, having touched the 100 EMA.
Dogecoin price has faced a sharp decline, decreasing over 25% in the past two days amid ongoing crypto market corrections. The broader cryptocurrency market entered a bearish state following yesterday's FOMC meeting, with BTC falling below $100K.
The crypto market faced a pullback following its recent rally, leading to corrections across altcoins. Meme coins were no exception, though Fartcoin and a few others defied the trend, drawing investor interest due to their unique and absurd appeal.