The crucial 13 trillion SHIB support level is drawing near for Shiba Inu, which could dictate its course in the near future. This level acts as a crucial obstacle for sellers and a possible lifeline for bulls looking to spark a rally.

Raoul Pal, the former hedge fund manager who retired at the age of 36 and now serves as the co-founder of Real Vision, a prominent financial media company, has given an update on his crypto portfolio. In a post on X today, December 16, Pal unveiled his concentrated investment strategy, highlighting Dogecoin as a central component of his crypto portfolio.

According to the data provided by popular service Whale Alert, which tracks down large cryptocurrency transfers, two massive crypto transactions were spotted on Binance, the world's biggest centralized cryptocurrency trading platform in terms of volume size.

Crypto analyst Elalemiami has revealed that the Dogecoin price is about to test the Gaussian channel on the chart. The analyst also mentioned what he expects to happen when DOGE touches the Gaussian band.

Story Highlights The price of Dogecoin today is . Dogecoin price may reach a maximum of $0.64 in 2024. With a potential surge, the DOGE price may achieve its $1 mark in 2025. Dogecoin, the memecoin category leader, has made a strong bullish comeback by achieving a multi-year high.

The cryptocurrency market has been anything but stable in recent weeks, with several major tokens grappling with resistance levels, shifting trends, and uncertain investor sentiment. XRP, Shiba Inu (SHIB), and Solana (SOL) are facing critical points in their price movements.

Data shared by the Shibburn tracking platform regarding the recent SHIB movements has revealed that a substantial amount of meme coins has been forever lost to the market during the last 24 hours.

Shiba Inu sees a 41% spike in large transactions, amid price consolidation at $0.00002759. Whale activity signals renewed market interest.

Billy Markus, the creator of Dogecoin better known online as Shibetoshi Nakamoto, recently shared his top five favorite cryptocurrencies. As things stand, his top picks are Dogecoin (DOGE), Bitcoin (BTC), Avalanche (AVAX), Ethereum (ETH) and Solana (SOL), with each one having its own special reason for making the list.

Bitcoin (BTC) surged to a new all-time high during early Asian trading hours, hitting a peak of $106,449 before declining to its current level. The rally came as speculations grew about it becoming a United States reserve asset.

Bitcoin's new all-time high of $106,352 has set the stage for potential movement in Dogecoin's price, with analysts offering varied predictions ranging from a 125% increase to a 13.33% decrease by March 2025.

Technical analysis suggests Shiba Inu (SHIB) could experience a 189% price increase to $0.0000702, supported by ecosystem development and token burning mechanisms, while currently trading at $0.00002755 after an 11.20% weekly correction.

Memecoins aren't just battling altcoins; they're also losing ground on key internal fronts.

Shiba Inu price has had a great run recently after Bitcoin price blasted through a record high of $105,000. While the market occasionally retests the high, the overall crypto market boom has lifted the price of SHIB past various technical resistance regions.

When it comes to trading, success depends not just on luck or timing, but on having the right tools. This is especially true when it comes to the crypto market, known for its significant and extremely fast moves.

Whale activity in Shiba Inu has surged, with 2.79 trillion SHIB worth $76.48 million traded in a 24-hour period. This 41.39% spike suggests large holders may be reentering the market, potentially gearing up for key price movements amid broader crypto market fluctuations.

Hovering within a descending triangle pattern on the chart, XRP is clearly struggling. Although XRP experienced a huge spike earlier, it is currently struggling to recover and surpass significant resistance levels.

The MVRV ratio for DOGE suggests correction phase aligning with current price action.

Dogecoin (DOGE) has lost its bullish momentum as the bears break below the 21-day SMA. The cryptocurrency was dumped at a high of $0.48, which caused it to fall below the 21-day SMA.

The price of Shiba Inu (CRYPTO: SHIB), the second-largest meme coin, is predicted to see a significant uptick, says renowned cryptocurrency analyst Zach Humphries. What Happened: Humphries foresees a five- to six-fold price surge for SHIB, given the current market dynamics.

Bitcoin and Dogecoin are two of the most watched cryptocurrencies this cycle, with increases in the Bitcoin price mostly flowing into that of Dogecoin. At some point, the price correlation between the Dogecoin price and that of Bitcoin was at 0.97.

The price of Bitcoin came within a few hundred dollars of the record Sunday while other assets like Dogecoin and XRP are quietly climbing.

Shiba Inu (SHIB) price has fallen above the 21-day moving average line as buyers fail to sustain bullish momentum above the $0.00003300 high.

Dogecoin (DOGE) is once again capturing the attention of the market as bullish momentum surges through. Optimism regarding meme cryptos such as Dogecoin has increased as Bitcoin continues to meander near historic highs.

The week was a rollercoaster ride in the cryptocurrency world. From Peter Schiff's advice to President Biden to sell all U.S.-owned Bitcoin, to a bearish turn in the Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Dogecoin (CRYPTO: DOGE) markets, and a potential surge in Dogecoin's value, there was no shortage of action.

Dog-themed cryptocurrency Shiba Inu (SHIB) has seen a comeback in whale activity, with large transaction volumes surging 41.39% in the last 24 hours, according to data from IntoTheBlock.

An exploit first discovered and disclosed by crypto researcher Tobias Ruck crashed over half of the nodes of Dogecoin, a cryptocurrency with a market capitalization of over $58 billion. This event remarks that cryptocurrency projects are as vulnerable as their codebase.

The correction continues on the market at the end of the week, according to CoinStats.

Shiba Inu's breakout and impressive burn rate surge fuel optimism for a major rally.

The cryptocurrency market has long been a favorite of aggressive investors (perhaps more accurately described as speculators) because of its volatility . At their best, these digital assets can trounce traditional stock market indexes like the S&P 500 or Nasdaq Composite.

Dogecoin (DOGE) bulls are recording massive purchases amid sideways trading, signaling an uptrend in the coming months. The asset's on-chain factors are flipping green alongside top crypto on the back of institutional demand and Elon Musk's influence.

Dogecoin's price action is still drawing attention with its ongoing consolidation holding up above $0.4. At the time of writing, Dogecoin is trading around $0.409, down 14% from its recent December high of $0.4757.

The Shiba Inu (SHIB) cryptocurrency has recently made waves by breaking through a significant resistance level, sparking excitement among investors. This milestone has led some to question whether SHIB is now a better investment opportunity than its rival, Dogecoin (DOGE).

A pattern uncovered by AMBCrypto reveals the key factor preventing DOGE from breaking out of its consolidation phase.

Following a price spike to new highs in the past few months, the doggy-themed meme coin Bonk (BONK) has since declined and is now consolidating.

Shiba Inus burn rate has fallen sharply by over 100%, sparking fears of an imminent SHIB price crash. On-chain data highlights increased exchange deposits and declining trader activity, pointing to mounting selling pressure.

Crypto analyst Trader Tardigrade has highlighted a bullish pattern that has formed on the Dogecoin price chart. Based on this pattern, the analyst predicted that the Dogecoin price could reach as high as $2.15 in this market cycle.

The burn rate of the meme cryptocurrency, Shiba Inu (CRYPTO: SHIB), has surged by a whopping 515.33%. This data comes from the widely used transaction tracker Shibburn.

Dogecoin (CRYPTO: DOGE) is hinting at a possible price surge in the wake of its remarkable rally. Since hitting its lowest point in August, Dogecoin has seen a 480% recovery, including a 220% rally post the November presidential election.

Dogecoin (DOGE), the popular and largest crypto meme coin by market capitalization is poised for a price decline as sentiment begins to shift. For the past few days, the overall cryptocurrency market has been quite confusing, raising concerns about whether the price will rally or decline.

Even with Bitcoin up on the week, Dogecoin is the biggest loser in the top 10 cryptocurrencies—and other meme coins are down bad too.

The Shiba Inu price is flashing bullish signals that could pave the way for an impressive 130% rally to new levels. A crypto analyst has highlighted a pattern of higher highs, solidifying his optimistic price projection of an imminent price surge for SHIB.

Dogecoin's price momentum is fading, with analysts warning of a possible drop to $0.35 if Bitcoin falls below $100K. Will Dogecoin recover, or is a bigger decline ahead?

Dogecoins (DOGE) large transactions surged by 41% in 24 hours, with 60.9 billion DOGE moved by whales. Despite a price dip to $0.3973, whale activity and Elon Musk-driven social mentions have bolstered bullish sentiment, signaling a potential price recovery for the meme coin.

A move beyond $0.43 in the coming days would be an early clue that the $0.5 level will be retested soon.

Shiba Inu witnessed retracement after a recent bullish rally to the $0.000034 target. Shiba Inu coin burn rate and addresses have dropped in a week, hinting at a decline in sentiment for further upside.

Over the past 24 hours, dog-themed cryptocurrency Shiba Inu (SHIB) has seen a significant drop in its large transaction volume, a metric denoting whale activity, sparking questions about what might be driving this slowdown.