The meme coin island is abuzz with double-digit gains on Monday as one humongous whale goes on a buying spree.

The last two weeks disappointed crypto investors as the market failed to show the ‘Uptober' rally. While the early-month sell-off can be attributed to the Israel-Iran war, most major altcoins are yet to reveal bottom formation, indicating the possibility of prolonged correction.

Given the broader crypto market rebound, Shiba Inu (SHIB) has seen some metrics display very bullish sentiment. In the last 24 hours, SHIB trading volume has surged by approximately 64.29% and currently sits at $371.97 million.

In a recent tweet, Shiba Inu lead Shytoshi Kusama addressed claims circulating within the community about individuals allegedly owning billion-dollar SHIB wallets.

According to data shared by the Shibburn tracking platform with public access, the red value of the SHIB burn was suddenly pushed into the greed zone today, with an astonishing rise of almost 15,000%.

Analytics provider Lookonchain highlighted a whale trader who lost money on Dogwifhat (CRYPTO: WIF) but successfully captured profits trading Popcat (CRYPTO: POPCAT). What Happened: The trader initially lost $4.44 million trading WIF twice between April 8 and June 24.

Shiba Inu's lead developer Shytoshi Kusama caused a stir across the broader cryptocurrency market on Monday, ringing alarms against individuals claiming to own billion-dollar Shib wallets. Recently, the lead developer asked market participants to confirm such cases before blindly believing so, raising investor concerns globally.

Shiba Inu's (CRYPTO: SHIB) rising burn rates has traders speculating that the meme coin is getting ready for an upcoming price rally. What Happened: Shiba Inu's burn rate has skyrocketed by 14,575.02% since the last burn transaction of 277.6 million coins, according to Shibburn data.

Shiba Inu's price is gaining momentum, climbing over 2% today to reach $0.00001812. This recent price rally has been fueled by growing market confidence, with SHIB's trading volume spiking 31% to $319.74 million. Investors are keeping a close eye on the meme coin, with analysts pointing to several factors behind this upward trend.

Solana (SOL), XRP, and Shiba Inu (SHIB) are crypto's top contenders for the next potential breakout. These coins have distinct support and resistance levels, setting the stage for possible rallies.

The Shiba Inu burn rate has rocketed more than 14570% today, gaining significant attention from investors. Besides, this surge also comes amid a spike in SHIB price today, with recent analysis indicating towards a massive breakout for the meme coin.

The popular meme-inspired cryptocurrency Shiba Inu (SHIB) has an interesting deadline this October, as the price history of SHIB promised an increase of at least 200% up to 283%, but until Oct. 14 we only saw a gain of 2.67%.

Shiba Inu price consolidates inside a symmetrical triangle after surging 67% from September 18 to September 27. The days following this spike comprised lower highs and lower lows, forming a symmetrical triangle likely to break out in the direction of the preceding trend.

When the recovery momentum around the $0.000017 level was lost, Shiba Inu's current price pattern was deemed invalid. It appears that the symmetric triangle pattern that once suggested a breakout is weaker now.

Shiba Inu is facing growing uncertainty as whales offload 1 trillion SHIB in a massive sell-off. With whales retreating and SHIB struggling to break resistance, the market is bracing for potential downward pressure on the token.

Shiba Inu (SHIB), the parody coin that hit the headlines in 2021, has reignited investor interest. Based on the examination of crypto expert Javon Marks, the token has recently emerged from a declining wedge formation, which may suggest that a substantial price increase is in the offing.

Lucie, the Marketing Lead for Shiba Inu (SHIB), has forecasted a potential 1000% surge for the meme coin's ecosystem within a matter of days. This optimistic outlook comes against a backdrop of significant market volatility and impressive long-term gains for SHIB.

Crypto analysts have continued to make ambitious price targets regarding how high the Shiba Inu price and the Dogecoin price can rise in the long term. However, several factors indicate the Shiba Inu price and Dogecoin price might eventually reach these price targets.

The last day of the week has turned out to be bearish for the crypto market, according to CoinStats.

According to on-chain data, dog-themed cryptocurrency Shiba Inu (SHIB) is facing a significant price cluster that holds 430 trillion SHIB tokens.

On-chain data shows that Shiba Inu has been having a difficult time lately. As per the most recent data, SHIB has witnessed a meager 1 trillion SHIB transactions over the past 24 hours, which is a significant decline from the seven-day peak of 4 trillion SHIB on Oct. 9.

NEIRO, a rising meme coin competitor to SHIB, has recently reached a new all-time high, catapulting it into the top 100 cryptocurrencies by market cap.

Shiba Inu struggling against new competitors: is the future of the famous crypto meme threatened? Discover it here.

The weekend was buzzing with noteworthy stories from the world of cryptocurrency. From the sudden surge in Donald Trump's presidential election odds on Polymarket to speculations about the real identity of Bitcoin's creator, and cryptic posts from Shiba Inu‘s (CRYPTO: SHIB) lead developer, the crypto community had a lot to talk about.

In the crypto market, market sentiments have often dictated the price movement of any digital asset. Presently, the narrative surrounding Dogecoin has shattered dreams as analysts predict it will never touch the $100 mark.

Shiba Inu (SHIB) has recorded a significant uptick after struggling to break above the resistance level of $0.00001750. The dog-themed meme coin's price shift follows an incredible spike in its burn rate.

Dog-themed cryptocurrency Shiba Inu (SHIB) has experienced a significant price increase, soaring as much as 7% in the last 24 hours.

The Shiba Inu (SHIB) community has recently been put on high alert following a crucial warning about potential scams targeting its members.

Neiro (NEIRO), also known as NEIRO CTO, a meme coin dedicated to "Kabosu sister" Neiro, hit a new price all-time high today. After an unbelievable 32% spike in less than 24 hours, Neiro (NEIRO) sensationally dwarfed Bittorrent (BTT), Notcoin (NOT) and Starknet (STRK) in the list of the largest cryptocurrencies.

Shiba Inu (SHIB) price is showing promising signs of recovery as the market rebounds. With the broader cryptocurrency market regaining momentum, SHIB has emerged as a standout in the meme coin sector, demonstrating notable growth potential.

The Solana-based dogwifhat (WIF) is an emerging memecoin that has gradually gathered investors' attention with high momentum rally and whale movement. This community-driven token features a Shiba Inu dog wearing a pink knitted hat.

The enigmatic leader of the Shiba Inu team, famous in the crypto space as Shytoshi Kusama, has published several tweets to tease to the community a new “friendshib” with a legendary car maker DeLorean Motor Company. The official SHIB account also mentioned an upcoming “partnershib” with this company but did not provide any details.

Shiba Inu may be on the verge of a breakout. A new high for the memecoin soon?

Shiba Inu is getting close to the point where a symmetrical triangle pattern on the chart indicates a big price move may be about to occur. When an asset leaves the triangle's bounds, these patterns have historically suggested that volatility may increase.

A whimsical ride with crypto's most adored dog: the iconic Shiba Inu takes Tesla's robot taxi for a test drive.

Bitcoin and altcoins made a strong comeback on Oct. 11, indicating solid buying at lower levels.

A sudden single-day spike by Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) has prompted traders to predict an upcoming bull run for the meme coin leaders. What Happened: With Dogecoin prices reflecting a relatively flat performance over the past week, an analyst who goes by “Kevin” on X, outlined his thoughts on the trajectory of Dogecoin.

SHIB has struggled to record any gains in the past few weeks, with its price plunging substantially.

Dogecoin dominates short-term trading in meme coins, while DEGEN showing strong activity.

The pseudonymous Shiba Inu marketing expert known to the crypto community as Lucie has addressed the SHIB army about the current state of the crypto market, as well as the FUD and insults the team has been hearing from users recently, including threats against Shytoshi Kusama.

Elon Musk, the CEO of Tesla and a well-known advocate for Dogecoin, has once again ignited excitement within the DOGE community. During the unveiling of Tesla's new autonomous vehicle, the “Cybercab,” a Shiba Inu—the breed synonymous with Dogecoin—was prominently featured, sending DOGE enthusiasts into a frenzy.

With a 2.7 trillion SHIB volume registered in the last 24 hours, Shiba Inu may be preparing for a resurgence following a notable uptick in on-chain activity. Considering the present technical and on-chain indicators, this spike potentially signals a turnaround in the token's price action and suggests a growing interest in it.

Elon Musk, the CEO of Tesla, has once again stirred excitement among the Dogecoin community by featuring a Shiba Inu dog in the promotional material for Tesla's newly unveiled product, the Robotaxi. This move, highlighted during a live presentation, has sparked conversations and enthusiasm within the Dogecoin community.

Shiba Inu (SHIB) price has seen a sharp decline recently, raising questions about its future. Following a recent market correction, the token's value dropped substantially, sparking worries among both investors and followers.

On-chain data aggregator IntoTheBlock has published a post about the recent increase in short-term trading activity that involved meme coins. It revealed that Dogecoin has been the most frequent choice of short-term traders recently, while other popular meme coins got much less of their attention.

The official account of Dogecoin on X has published a post with a screenshot of what Elon Musk's new product – Robotaxi – is going to look like from inside marked with a “Tesla-live” signature. This came from a presentation of Tesla's new product – a driverless taxi.

This week, we examine Ethereum, Ripple, Binance Coin, Toncoin, and Shiba Inu in greater detail. Ethereum (ETH) While Ethereum had a volatile week, its price held well and closed it with a 1% gain.