Dogecoin shows strong signs of a breakout, but network activity holds the key.
Following a Transak development, both PEPE and BONK surged impressively, now closing in on a critical price range.
SHIB price has been on the move recently, with a sharp rise in its 7-day MVRV ratio indicating that many holders are in profit. Whale activity has been cautious, with only modest accumulation, which could limit further price gains.
Shiba Inu (SHIB) could be on the verge of massive growth amid the team's efforts to expand utility. SHIB is currently the second-largest meme coin, with more than $10 billion in market capitalization.
In a Thursday interview with CNBC's Squawk Box, Securities and Exchange Commission (SEC) boss Gary Gensler reiterated that Bitcoin does not qualify as a security under his agency's regulatory purview.
On September 27, 2024, the overall cryptocurrency market experienced a price reversal amid this Shiba Inu (SHIB) outperformed major cryptocurrencies with its impressive performance. According to the coinmarketcap data, SHIB has experienced a significant price surge of over 20% in the last 24 hours and is currently trading near the $0.0000187 level.
Shiba Inu ecosystem is gearing up for another significant milestone as the project's team hints at the potential launch of a new stablecoin, sparking a wave of excitement within the entire SHIB community.
A widely followed cryptocurrency analyst and trader is leaning bullish on one under-the-radar altcoin while offering his insight on two memecoins. The analyst pseudonymously known as Bluntz tells his 276,000 followers on the social media platform X that the native token of the layer-1 protocol Saga (SAGA) is “about to gigasend next.
Solana-based dogwifhat (WIF) price has increased by 30% since September 23 amid growing interest in meme coins. While the rally has brought in fresh gains, the token is still 55% down from the peak it reached on March 31.
Cryptocurrency markets are spiking, with Bitcoin reaching its highest level since early August. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $65,048 +3% Ethereum (CRYPTO: ETH) $2,653 +2.8% Solana (CRYPTO: SOL) $156.58 +4% Dogecoin (CRYPTO: DOGE) $0.1183 +7.8% Shiba Inu (CRYPTO: SHIB) $0.00001841 +18.3% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 2.1% and daily active addresses falling by 4%.
The co-founder of the original memecoin is calling out Gary Gensler after the U.S. Securities and Exchange Commission (SEC) chair said Bitcoin (BTC) is not a security. In a new interview with CNBC, SEC chair Gensler states clearly that BTC is not a security.
Dogwifhat (CRYPTO: WIF) is up 8% on the day and 26% on the week, closely following its rival Shiba Inu (CRYPTO: SHIB) as traders see more upside playing out shortly. What Happened: On-chain data provider Lookonchain shows a major WIF holder borrowing 2 million (CRYPTO: USDC) from the Solana (CRYPTO: SOL) DeFi protocol Kamino to buy an additional 894,854 WIF at $2.24 each.
Bitcoin, Shiba Inu and Cardano are 3 of the cryptocurrencies with the highest demand in the market today. Although they are very different from each other, they are all going through a moment of great growth and development that have allowed massive adoption.
Many stocks and digital assets rose today on China stimulus news and a positive outlook for the economy.
The zkVM scaling solution will make the dog-themed memecoin network “STRONKer than all the others,” QED and Nexus said.
Crypto analyst Smile has made an ultra-bullish price prediction for Dogecoin (DOGE), Shiba Inu (SHIB), and XRP, stating they will reach $25, $0.05, and $200, respectively. The analyst also provided a timeline for when these coins will reach these price targets.
What does Shiba Eternity's new Play 2 Earn version bring to the table that got fans so excited?
Dogwifhat (WIF) is on the verge of a major breakout, with bulls targeting the $2.1 level as upward momentum continues to build. After a strong period of gains, all eyes are on whether this momentum can trigger the price past this critical resistance.
Dogwifhat is currently up 30% in the week, but the number of holders has increased by only 1.29% in the same period.
As the cryptocurrency market continues to experience rapid change, investors are on high alert to identify the next breakout star. Among the contenders in the current bull cycle, ETFSwap (ETFS) is gaining momentum with its distinctive DeFi platform above Dogecoin (DOGE) and Shiba Inu (SHIB), regardless of their established status in the crypto market.
Check out the latest scam warning issued by the SHIB team.
Shiba Inu made a strong comeback on Sept. 26, soaring to its highest level since July 27, as Shibarium's fees surged.
Dogecoin (DOGE) recently broke above a falling wedge pattern, which it had been trading within for several months. This type of breakout typically signals a potential upside reversal, hinting at a continued rally.
This week on the crypto market was marked by hearings in the U.S. Congress on the regulation of cryptocurrencies, where the head of the SEC, Gary Gensler, came under particular pressure. Among other things, the current chairman was called "the most destructive and lawless SEC chairman in history" due to his well-known policy of regulation by coercion and enforcement.
How did Billy Markus defend himself against rumors linking him to the creator of Bitcoin?
Shiba Inu (SHIB) is displaying promising indicators that suggest it could soon become a profitable asset for many investors. Recent on-chain data reveals that approximately 49% of SHIB holders are currently experiencing profits, with the cryptocurrency trading around $0.00001499.
Dogecoin (DOGE) is currently in the midst of a significant spike in volume combined with very rapid price action to the upside.
Bullish momentum is set to push SHIB into eagerly awaited territories.
The popular and third-biggest meme coin, Pepe (PEPE), is now gaining significant attention from investors and traders following its successful breakout of the $0.00000875 level. On September 26, 2024, PEPE experienced an impressive price surge, resulting in a successful breakout. Current Price Momentum As of writing, PEPE is trading near $0.
After being trapped in a horizontal consolidation between $0.000015 and $0.000012 since early August, Shiba Inu (SHIB), the second-largest meme coin by market cap, broke out of the liquidity zone.
Shiba Inu (SHIB) ecosystem explosive growth: 2,190% jump in Shibarium fees and a 203% surge in trading volumes. Why this renewed interest in SHIB?
After a long stretch of muted price action, Dogecoin has finally entered a position where it could be gearing up for a surge. With major developments such as an increase in participation from both small and large investors, as well as indicators turning bullish, the DOGE price looks primed for a major recovery.
Shiba Inu's Shibarium blockchain sees remarkable growth and community backing, positioning it for continued expansion in the decentralized finance space.
The meme coin ecosystem showcases intriguing trends, with PEPE also entering the spotlight. Per data from CoinMarketCap, PEPE is up 5.27% in the past 24 hours to $0.00000964 as it moves to clear one zero.
Pepe, the third-largest meme coin, staged a strong comeback, soaring to its highest point in over a month as balances in centralized exchanges fell. Exchange outflows are rising Pepe (PEPE) jumped to a high of $0.
Shiba Inu (SHIB), a popular meme-based altcoin, has experienced a very notable price surge in the last 24 hours. The asset is in the middle of a rally that has driven prices up by 14.40% at press time.
WIF has outperformed major altcoins, but there's a catch: if it falters, the next contender targeting its position is POPCAT.
TL;DR Imminent Release: The Shiba Inu team has hinted at the upcoming release of the SHI stablecoin, which aims to provide stability and utility within the Shiba Inu ecosystem. Stable Value: SHI is designed to be pegged at $0.01, offering a reliable value for transactions and mitigating price manipulation risks.
A new day has brought a new twist to the popular meme-inspired Shiba Inu (SHIB) cryptocurrency. According to Shibariumscan, the total volume of BONE tokens collected as transaction fees on the Shibarium network has increased by 2,190% in the last 24 hours.
Cryptocurrency Market Today: With 1.19% growth in the last day, the global cryptocurrency market has maintained its upward trajectory, with a total market capitalization of $2.26 trillion. However, trading volume decreased by 8.74% to $67.53 billion at this time.
DOGE whales have been on a shopping spree lately.
Crypto analyst and trader Ali Martinez shared a Dogecoin graph provided by analytics company Santiment.
Meme coin leaders Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) are picking up steam and could rise even further, according to predictions. What Happened: Shiba Inu's burn rate increased by 640.7%, as around 1 million SHIB coins were burned in a single transaction, according to Shibburn data.
DOGE News: Market sentiments orbiting Dogecoin (DOGE) price appear to have taken a paradigm shift on Thursday, turning bullish against the backdrop of on-chain data and Elon Musk's comments. Crypto market analyst Ali Martinez revealed that Dogecoin whale accumulations soared remarkably in recent days as over 1.40 billion tokens were sacked.
Following the US Securities and Exchange Commission's settlement with TrueCoin and TrustToken, Curve Finance is considering cutting exposure to the stablecoin True USD (TUSD). Meanwhile, Bitcoin remains above $63k and a number of altcoins are seeing decent gains. Stacks (STX), Dogecoin (DOGE) and Ondo (ONDO) are among these coins.
Dog-themed cryptocurrency Shiba Inu (SHIB) has experienced a significant surge in trading volumes, skyrocketing by 203% as the cryptocurrency makes a massive price breakout.
Shiba Inu might become the next cryptocurrency project to introduce its own stablecoin.
Memecoin giant Shiba Inu is on track to launch a new stablecoin to boost ecosystem growth.