A prominent crypto trader suggests that meme coins like PEPE (CRYPTO: PEPE), Dogwifhat (CRYPTO: WIF) and Popcat (CRYPTO: POPCAT) are poised for potential breakouts based on a technical indicator. What Happened: The Elliott Wave theory posits that a bullish asset often undergoes a five-wave rally before reaching its peak and usually rebounds after completing an ABC correction.
Bitcoin (BTC) fell as low as $60,300 earlier today due to escalating tensions in the Middle East that have spooked the crypto and traditional markets. The world's largest cryptocurrency is down almost 4% in the past 24 hours following Iran's attack on Israel.
Crypto whales have helped popular Solana coin DogWifHat ($WIF) to close in on a three-month high in spite of a bearish meme coin market today.
Mysterious SHIB lead known to the crypto community as Shytoshi Kusama has gained SHIB army's attention by posting a tweet about the approaching ShibaCon – an important blockchain conference hosted by the Shiba Inu team.
SHIB whales are driving growth, while decreasing selling pressure signals potential for continued gains.
Cat-themed memecoin Popcat (POPCAT) was the outlier Tuesday, trading in the green amid a broader memecoin meltdown precipitated by fears of war in the Middle East. What happened: The Solana (CRYPTO: SOL)-based coin was up 0.28% as of this writing, becoming the only cryptocurrency among the top 10 biggest meme coins by market capitalization to record gains.
On-chain data shows Shiba Inu is among the altcoins that have enjoyed a sharp uptick in interest from the whales over the past week. Shiba Inu Whale Transaction Count Has Just Seen A Massive Surge In a new post on X, the on-chain analytics firm Santiment has discussed about the trend in the Whale Transaction Count for various top altcoins.
Shiba Inu (SHIB) is capturing the attention of significant investors, often referred to as “whales.” Recent data reveals a remarkable 360.18% increase in large transactions, particularly those exceeding $100,000, indicating a surge in interest for this digital asset.
Even though there are indications that selling pressure may be increasing, Bitcoin is still rising. September is usually a bearish month for Bitcoin, but after a strong rally in September, the leading cryptocurrency is exhibiting resilience, indicating that bulls are not ready to give up just yet.
A crypto strategist who supercharged his following after nailing the Bitcoin (BTC) 2018 bottom believes one memecoin is gearing up to spark more rallies.
Check out which SHIB-related game is now available to Android users.
A prominent Binance trader forecasts an all-time high for Bitcoin (CRYPTO: BTC) until the end of the year. What Happened: Trader Alphawifhat suggested on his social media account that the market is taking a breather following a period of strong macro bullishness.
Shiba Inu is a dog-themed meme coin that was firstly launched back in 2020 and became momentarily popular and is continuously being one of the 15 biggest cryptocurrencies in the world years later. The token has been highly volatile, susceptible to trends in social media and on several occasions, endorsements by highly renowned personalities, such
Shiba Inu has made a name for itself over the years, and with each new partnership, the meme coin moves further away from the realm of being a ‘joke' to being a mainstream investment option. Once again, the team behind the popular crypto project have made a major move after announcing a brand-new partnership.
Is there a strong link between Shiba Inu's rapid whale activity surge and crypto market sustainability?
Shiba Inu has published its latest hyper-casual game, Shiboshi Rush, now available for Android users. The game, described as an action-packed adventure, was announced today by Shiba Inu's marketing lead Lucie (@LucieSHIB) via X.
As revealed thanks to data from Shibariumscan, the number of new accounts added to Shibarium, the layer-2 blockchain rollup designed for the ecosystem around popular meme-inspired cryptocurrency Shiba Inu (SHIB), has seen a staggering increase over the last day of September. In just 24 hours, the number of new accounts literally jumped 2,350%, from 20 new accounts per day to 470.
Solana's BONK records an 11% price surge, kicking off October on a bullish note.
WIF is showing impressive strength as bullish momentum takes control, with the Relative Strength Index (RSI) pointing to even greater upside potential. The current RSI reading suggests that buying pressure remains strong, fueling optimism for continued gains.
Shiba Inu, the second-biggest meme coin, has stabilized as outflows from centralized exchanges continued and whale activity increased. Shiba Inu (SHIB) rose to $0.000018, bringing the seven-day gains to 26.4% and its market cap to over $10.8 billion.
Recently, whale activity for Shiba Inu has increased by a remarkable 360% ranking it among the top cryptocurrencies, with notable increases in large investor movements. SHIB is one of the tokens that whales trade the most frequently, indicating that major investors are getting more interested in the coin.
The official Shiba Inu marketing expert known to the community under the pseudonym Lucie has published a tweet to celebrate the beginning of “Uptober” and hint that Shibarium and its DeFi system are ready for it.
Bitcoin (BTC) sank further, dropping below $64,000 following a drop of 1.22% over the past 24 hours. The drop comes despite positive sentiments around the world's largest cryptocurrency and an increase in spot Bitcoin ETF inflows.
DogWifHat is back in the spotlight with analysts predicting its surge to go over 1,500% soon. Is WIF headed for new all-time highs?
Crypto analyst Wisdom Matic has shared realistic price targets for Bitcoin (BTC), Dogwifhat (WIF), and Fantom (FTM). The analyst suggested that these coins would reach these price levels in this bull run, although he didn't state when exactly it would happen.
PEPE price, a popular meme coin, has been struggling to secure a crucial support level that could potentially trigger a rise to its all-time high of $0.00001725. However, the coin faces significant resistance and the threat of profit-taking, which could hamper its upward momentum.
Memecoins created on the Solana (CRYPTO: SOL) blockchain withstood the overall market drop on Monday to post encouraging gains. What happened: Dog-themed Bonk emerged as the best-performing billion-dollar capitalization meme coin in the last 24 hours and the third-best cryptocurrency overall, surging over 8%.
Shiba Inu (SHIB) is gaining attention in the cryptocurrency space, with analyst Michael predicting a significant price movement that could see it eliminate another leading zero. This optimistic outlook is grounded in a complex analysis based on Elliott Wave theory, suggesting the cryptocurrency is poised for a breakout.
dogwifhat surges 42% in a week, with bullish signals indicating potential further gains and sustained momentum.
Shiba Inu has been on an uptrend recently, after suffering losses for the better parts of the second and third quarters of the year. This recovery going into the new month plays into the high expectations for the meme coin, especially in Q4, when the altcoin's price is expected to more than double.
During Monday's trading session, the Pepe coin price saw a 3% drop, retesting the crucial $0.00001 support level. This bearish movement aligned with Bitcoin's fall below the $65,000 mark, sparking a corrective phase across several major altcoins.
The SHIB burn rate has rocketed 320% recently, sparking optimism in the crypto market. Meanwhile, this development has also fueled speculations over its potential impact on Shiba Inu price, with many anticipating a potential rally in the coming days.
SHIB's Open Interest has been dwindling alongside prices in the past three days, showing muted bullish sentiment.
SHIB, the second-largest coin, plunged over 8% during Monday's U.S. market trading hours. The sharp plunge can be attributed to Bitcoin drop below $65,000, with an intraday loss of 3%.
Check out the purpose behind Shiba Inu's latest collaboration.
The Pepe (PEPE) price risks a correction in the wake of its 97% rally from the August lows.
As Bitcoin struggles with macroeconomic headwinds, $BONK, $BEAM, and $WIF rise as top performers in a volatile altcoin market.
Dogwifhat (WIF) price, a popular meme token, has recently experienced a notable increase in value. This upward movement persists even as broader market trends correct downward.
Dogwifhat (WIF), the Solana meme coin, has seen a notable resurgence within the last two weeks. Following the gains, the cryptocurrency experienced an incredible rise in speculative activity.
This flawless encryption mechanism on Shibarium's L3 version has the potential to send a gold standard in crypto.
While the crypto markets are losing all of the gains triggered by a weekend optimism spike, some large meme cryptocurrencies are outperforming all competitors. By contrast, two meme coin behemoths, SHIB and DOGE, are in the red today, together with other large caps.
The Pepe Unchained ($PEPU) presale has soared to even greater heights in its ICO, earning it the moniker of the notorious P.E.P.U with an impressive $16.5 million in its bag.
The cryptocurrency market has shown renewed strength as Bitcoin recently crossed the critical $64K resistance level, spurring excitement among investors. With the broader market gaining momentum, many focus on potential Shiba competitor outperforming SHIB itself.
Cryptocurrency analyst Murad Mahmudov predicted a "meme coin super cycle" in a speech at the Token 2049 conference in Singapore, arguing that these tokens are outperforming traditional cryptocurrencies and are poised for significant growth. What Happened: Mahmudov pointed out that meme coins are already dominating the market, with 13 out of the top 20 outperforming tokens being meme coins.
Shiba Inu's (SHIB) latest attempt to spark excitement among its investor base has fallen flat. On Sunday, updates were shared on the highly anticipated launch of “Shib The Metaverse.
XRP has been hovering near $0.6351, down slightly by 0.95% for the day. The coin is testing a resistance level near $0.6548, and a breakout above this could signal further gains.
The price of Shiba Inu has dropped by 8% in the past 24 hours, falling to $0.00001823 on a day when the crypto market as a whole loses 3.5%.