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.
Check out which SHIB-related game is now available to Android users.
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.
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.
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.
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.
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.
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.
This flawless encryption mechanism on Shibarium's L3 version has the potential to send a gold standard in crypto.
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%.
There seems to be a turning point for Shiba Inu as it could soon see another zero added to its price. Following a brief spike, SHIB recently pulled back, suggesting that it is having difficulty keeping up its bullish momentum.
Though September started rough for stock and cryptocurrency investors, the latter parts of the month provided a strong prelude to October, or, as many within the community call the month, ‘Uptober.'
Popular Shibburn tracking platform has spread the word about a significant increase in the SHIB burn rate that took place over the past two hours, pushing this metric's reading high into the green zone.
After months of sideways movement, the crypto industry has finally entered the euphoria phase of the cycle. Bitcoin continues to slice through resistance, and altcoins are pumping as well. There seems to be a return in the memecoin niche as well, with Shiba Inu and BONK pumping massively.
After a strong resurgence in September, Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) seem set for an even stronger performance in October. What Happened: Elon Musk, a vocal supporter of Dogecoin, on Saturday tweeted an AI-generated picture of him and Donald Trump with an image of the Dogecoin dog and the inscription "Department Of Government Efficiency.
Shibarium, the Ethereum-based layer-2 scaling solution of the Shiba Inu ecosystem, has printed a major milestone on its mainnet. Per data insights from Shibariumscam, Shibarium's total blocks have surpassed seven million.
Bitcoin (BTC) is on the brink of reaching the much-anticipated price level of $70,000. With positive momentum building, many investors are eagerly watching how this key digital asset will perform in the coming days.
Sellers have become more active at the beginning of the week, according to CoinMarketCap.
It has just been announced that the world's second largest cryptocurrency exchange, OKX, will delist LEASH, a token from the Shiba Inu ecosystem. Along with SHIB and BONE, this token is one of the essential elements of the space around the popular meme-inspired cryptocurrency.
The memecoin is in pump by +26% in the last seven days.
The Shiba Inu (SHIB) burn rate has surged in the last 24 hours, providing a bullish outlook for the meme coin. This is also significant as it suggests that Shiba Inu bulls are again returning to its ecosystem.
SHIB is the worst-performing cryptocurrency from the top 100 club in the past 24 hours, witnessing a 4% price decline.
In an exciting new development, Shiba Inu is strengthening its security. To take its ecosystem to the next level Shiba has partnered with a leading open source cryptography company ZAMA. It is famous for building state of the art Fully Homomorphic Encryption (FHE).
The SHIB Ecosystem's “Shib the Metaverse” aims to enhance community engagement, creativity, and collaboration among SHIB holders in a borderless virtual space.
The latest update from Shiba Inu's team on ‘Shib The Metaverse,' a virtual playground within the SHIB ecosystem, has garnered noteworthy attention across the crypto landscape. SHIB's marketing lead, Lucie, revealed that the metaverse's launch on the meme coin's ecosystem is closer.
Following the last week of upside, Bitcoin (BTC) along with the broader crypto market has come under selling pressure in the early trading hours on Monday. The BTC price is down 1.97% trading at $64,536 levels as the Japanese Nikkei 225 index slides nearly 5% today.
As it approaches the $70,000 price level, Bitcoin is exhibiting strong signs of recovery more than it has in months. With its momentum suggesting more upside potential, Bitcoin's recent price action has seen it break through multiple significant resistance levels.
Shiba Inu and Dogecoin lead an explosive crypto market rally, sparking renewed investor interest in memecoins and major cryptocurrencies.
The memecoin sector is experiencing a massive shift as many memecoins are currently trading in the green region thanks to an inflow of $200 million from investors. Coins like Shiba Inu (SHIB) and PEPE have seen double-digit gains. Meanwhile, DTX Exchange has realized about $3 million in funding thanks to its latest listing on CoinMarketCap.
As October approaches, Shiba Inu (SHIB), the popular meme-inspired cryptocurrency, may be on the verge of an epic price spike, and the SHIB community is abuzz with excitement.
Shiba Inu (SHIB) has seen its burn rate skyrocket by 5,094% over a positive week for the dog-themed cryptocurrency.