DTX Exchange has gained ground quickly to become the most talked-about altcoin in the market. Its explosive presale momentum has outpaced DOGE and SHIB weekly performances as these meme tokens face market shakeups.
Sellers' pressure remains relevant today as well, according to CoinStats.
Shiba Inu (SHIB) is in the spotlight as the combined crypto market capitalization dropped by another 1.48% in 24 hours to $3.13 trillion. Shiba Inu has, however, decoupled from the general trend, inking a minor uptick within the same time span.
Although Solana (SOL) and Shiba Inu (SHIB) are still well-liked in the crypto market, a startling change is occurring: smart investors are subtly shifting their money onto a new altcoin with great 2025 potential.
The cryptocurrency market constantly fails to regain momentum with top tokens losing significant valuation in their respective portfolios. Notably, top tokens have failed to hold their value above their important support levels, indicating rising uncertainty in price action. With the market turning extremely volatile, investors are closely watching their portfolios with constant FOMO & FUD.
Dog-themed cryptocurrency Shiba Inu (SHIB) has seen a 5,277% surge in large holder netflows, an indicator that provides an idea of the change in the positions of whales or large holders.
As the crypto market experiences turbulence, the Shiba Inu price remains near $0.000015, struggling to gain momentum amid widespread corrections. Bitcoin's drop below $97,000 has fueled uncertainty, pressuring altcoins.
Shiba Inu (SHIB), the second-largest meme coin by market capitalization, faces severe downside momentum as several technical indicators turn bearish. As the market enters a correctional phase due to the decline in Bitcoin, Shiba Inu records a 61% decline in burn rate while its trading volume falls below $400 million.
On-chain data shows Shiba Inu has a high concentration of supply on its largest holders. Here's how Ethereum and other altcoins compare.
As its price continues to struggle due to waning momentum, Shiba Inu is on the verge of a significant bearish signal. The asset has been steadily declining in value for a few weeks, and a death cross is about to form, which could signal a more serious decline.
Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) continue to trade sideways, but traders maintain that more upside is still to come for the underperforming meme coins. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin (CRYPTO: DOGE) $0.2538 $37.6 billion +2.9% -22.2% Shiba Inu (CRYPTO: SHIB) $0.0000154 $9.07 billion +2.6% -18% Pepe (CRYPTO: PEPE) $0.059434 $3.9 billion +1.2% -31.8% Trader Notes: Trader Tardigrade highlighted that Dogecoin's past rebounds followed over 50% corrections, with the latest dip at -58.25% mirroring previous breakout patterns.
Fartcoin (CRYPTO: FARTCOIN) is bouncing back from a severe downturn but remains over 50% down over the past seven days. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Fartcoin (CRYPTO: FARTCOIN) $0.4765 $476.3 million -0.08% -54.1% Ai16z (CRYPTO: AI16Z) $0.342 $372.2 million +18.7% -49.8% Brett (Based) (CRYPTO: BRETT) $0.04569 $452.8 million +3.2% -48.3% Trader Notes: Cold Blooded Shiller pointed out that Fartcoin has reached a critical level in its target zone, meaning it could either see a major bounce or face full-blown capitulation.
Shiba Inu (SHIB) price, a meme-based cryptocurrency, has captured the crypto community's attention due to its rapid rise in popularity. As one of the most talked-about tokens, SHIB has experienced significant price fluctuations over the years, driven by social media buzz, market sentiment, and strategic developments.
The recent turbulence in the market have significantly affected meme coins, causing their total market cap to fall below $70 billion. While some altcoins and meme coins have shown a lot of price fluctuations, Shiba Inu & Dogecoin, in particular, are having a hard time stabilizing their prices.
Less than 48 hours ago, an unknown wallet received 1.24 trillion Shiba Inu (SHIB) tokens—worth approximately $20.2 million—from the crypto exchange Kraken, according to Whale Alert data. 🚨 1,239,940,928,235 #SHIB (20,136,020 USD) transferred from #Kraken to unknown wallethttps://t.
Shiba Inu (SHIB) continues to be at the center of attention in the crypto world. Two recent developments are capturing the interest of the community: the mysterious holder of 60% of the SHIB supply and the potential price of the crypto if its market capitalization were to reach that of XRP. Both topics raise crucial questions for investors.
Amid the growing push for consolidation in the broader crypto ecosystem, an unusual Shiba Inu whale transaction was flagged on-chain. Per data from Whale Alert, 3,368,549,976,020 SHIB were shifted on-chain in just one minute.
A Shiba Inu whale echoed a market frenzy on Friday by moving a staggering 3 trillion tokens amid a broader sector dip. Recent whale data indicated that the transfer was made between two unknown wallets, igniting a tidal wave of speculations among traders and investors globally.
SHIB's valuation has tanked by over 20% in the last week.
According to a recent tweet published by the Shibarium Updates account on the X social media platform, the layer-2 solution Shibarium has witnessed a major growth in three key parameters since last morning.
Open interest in Shiba Inu is sharply declining, indicating a significant change in the dynamics of the market. At approximately $155.83 million, open interest in SHIB futures has fallen 50% from its recent peak.
The amount of Shiba Inu (SHIB) in circulation has fallen again following a recent token burn event. Notably, more than 15 million SHIB tokens were wiped out.
According to Santiment's latest on-chain report, the concentration of top wallet holdings for major cryptocurrencies like Shiba Inu (SHIB), Ethereum, Chainlink and Toncoin shows potential market risks and opportunities driven by a small group of key players.
A recent transaction involving crypto exchange Kraken and the Shiba Inu token has captured the attention of the crypto community. Whale Alert, a leading whale-tracking platform, reported that Kraken moved an enormous quantity of Shiba Inu to an unmarked address, which has raised both curiosity and concern.
This collaboration highlights the growing potential of blockchain technology in public sector services. It also positions Shiba Inu as a major player in the crypto world.
Santiment warns that Shiba Inu's high whale dominance could trigger price drops if major holders decide to sell suddenly.
The altcoin industry has been solving the decentralization aspect of the blockchain trilemma for the past years. With the scalability and security aspects having been solved through layer one and layer two chains, the distribution of altcoins to achieve higher decentralization has been a work in progress in most projects.
The market for cryptocurrencies has a history of turning little investments into fortunes that change people's lives. Often taken early in a token's existence, strategic decisions can pay amazing returns.
Shiba Inu is currently one of the top meme coins, with a market cap of $9.2 billion, trailing the other “top dog-themed coin,” Dogecoin. When meme coins pump, SHIB is one of the popular tokens that surge and dominate market activity.
Though the Shiba Inu (SHIB) price may be in a sharp downtrend right now, that isn't stopping whales from scooping up the token in abundance. The post Shiba Inu Whale Moves 1.23 Trillion SHIB – Massive Rally Starting? appeared first on Cryptonews.
For what it seems, considering that these two tokens account for over half the market cap of all meme coins, the odds of a short-term reversal are high.
Cryptocurrencies remain volatile on Thursday, with tokens displaying mixed performances. Bears have dominated since the US declared the partially-delayed tariffs on China, Canada, and Mexico. Meme coins traded downward, with the meme market capitalization plunging by over 7% to $74.1 billion. Moreover, the declined 24-hour trading volume indicates fading investor interest in meme assets.
What initially appeared as a major SHIB whale transfer was later identified as an internal liquidity movement by Kraken.
Cryptocurrency traders hope Shiba Inu (CRYPTO: SHIB) may be poised for a comeback off the back of a partnership announcement with the government of the United Arab Emirates. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Shiba Inu (CRYPTO: SHIB) $0.00001504 $8.9 billion -6.3% -20.4% Dogecoin (CRYPTO: DOGE) $0.2468 $36.51 billion -5.3% -26.2% Pepe (CRYPTO: PEPE) $0.059381 $3.94 billion -7.9% -29.4% Trader Notes: Crypto trader Scofield highlighted that meme coins are evolving beyond hype, pointing to projects like Floki Inu (CRYPTO: FLOKI), Dogwifhat (CRYPTO: WIF) and SHIB.
While Pepe Coin (PEPE) and Shiba Inu (SHIB) have had their moments as meme coin darlings, a new contender is quickly gaining traction in the cryptocurrency world – Lightchain AI.
Shiba Inu could soar by 25% to reach $0.000021 if it holds itself above the $0.000015 level.
Another day, another massive crypto transfer. This time, it is Shiba Inu (SHIB) grabbing attention with a jaw-dropping 1.24 trillion SHIB - worth around $20.14 million - suddenly moving out of Kraken, one of the biggest U.S.-based exchanges.
Shiba Inu price remains in a bear market and could see additional downside after forming a death cross pattern while a key metric declines. Shiba Inu (SHIB), the second-largest meme coin in crypto, dropped to a low of $0.
The Shiba Inu cryptocurrency's recent predictions of huge returns have surprised the digital asset community. The meme-based coin is currently trading at $0.0000162, and analysts are forecasting returns of between 858% and over 6,000%.
The networks partnered with the ministry to use its blockchain activities.
After a brutal sell-off, Shiba Inu is at a turning point and exhibiting signs of a possible recovery, but any attempts at recovery could be hampered by an impending death cross. Following a recent decline below important support levels, the asset has experienced a modest recovery and is currently trading at $0.000016.
Recent market turbulence has impacted Shiba Inu (SHIB) and Dogecoin (DOGE), with both memecoins experiencing significant price declines over the past few days. This setback comes amid a broader downturn in the crypto market, yet some analysts remain optimistic about the potential trajectories for these popular memecoins.
The United Arab Emirates Ministry of Energy and Infrastructure has partnered with Shiba Inu to implement Web3 solutions for energy, infrastructure, and other areas. Public Service Efficiency Gets a Web3 Makeover The United Arab Emirates (UAE) Ministry Energy and Infrastructure (MOEI) announced on Feb.
XRP has suffered a staggering 43% drop, wiping out weeks of gains. The latest price action saw a sharp 30% intraday decline, signaling panic selling and extreme volatility.
This surge in large holder netflows marks the highest single-day accumulation by whales in nearly one month.
Amid ongoing market uncertainty, Shiba Inu (SHIB), the popular and second-largest crypto meme coin, has gained attention from crypto enthusiasts and made a big move. Today, February 6, 2024, blockchain-based transaction tracker Whale Alert posted on X (formerly Twitter) that a crypto whale transferred 1.239 trillion SHIB tokens, worth $20.
Trump replaced SEC Chair Gary Gensler with former SEC Commissioner Paul Atkins, which resulted in the withdrawal of SAB 121. Later, before his inauguration, he launched $TRUMP, which broke the internet.