Shiba Inu (CRYPTO: SHIB) is up 6%, with its soaring burn rate fueling speculation of a bullish trend ahead. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Shiba Inu (CRYPTO: SHIB) $0.00001371 $8.08 billion +6.4% +17.8% Dogecoin (CRYPTO: DOGE) $0.1844 $27.5 billion +11.5% +20.9% Pepe (CRYPTO: PEPE) $0.059231 $3.88 billion +11.8% +29.7% Trader Notes: Crypto trader AllInCrypto identified a falling wedge pattern on SHIB's chart, a formation often signalling an upcoming reversal.

The memecoin Shiba Inu (SHIB) is showing encouraging signs of recovery with an 8.6% growth over the past seven days. While Bitcoin continues to lead the bullish cryptocurrency market, SHIB is attempting to break through a major technical resistance that could determine its trajectory for the weeks to come.

Shiba Inu price is recovering and is up by 33% from its lowest point this month. This performance follows that of Bitcoin and most altcoins.

These last two days were definitely something to enjoy for the holders of popular meme-inspired cryptocurrency Shiba Inu (SHIB). With the crypto market feeling revival, thanks to Bitcoin (BTC), the price of SHIB soared by over 11%, printing massive green candles on its chart.

The crypto market rebound rally has lately gained steam, with the perpetual futures market seeing an even greater spike in open interest, indicating rising investor confidence.

As Shiba Inu (SHIB 9.98%) approaches the fifth anniversary of its August 2020 launch, it stands as a surprising success story in the volatile cryptocurrency landscape. The project has grown into a multifaceted ecosystem, with a current market capitalization of around $7.2 billion, ranking Shiba Inu as the 16th-largest cryptocurrency.

The crypto market was a sea of green as Bitcoin and most altcoins continued their recent recovery. The market capitalization of all cryptocurrencies surged to over $2.93 trillion, a figure that may continue to grow this week.

April 23, 2025 02:25:13 UTC Bitcoin Price Today In USD Bitcoin Price today surged 5.61%, reaching $92,892.57 with a massive 24-hour volume of $56.38B, up 49.5%, and a market cap of $1.84T. Bulls pushed the price above the $92K resistance, with a sharp move testing the $94K zone and forming a high at $93,888.

April 23, 2025 02:25:13 UTC Bitcoin Price Today In USD Bitcoin Price today surged 5.61%, reaching $92,892.57 with a massive 24-hour volume of $56.38B, up 49.5%, and a market cap of $1.84T. Bulls pushed the price above the $92K resistance, with a sharp move testing the $94K zone and forming a high at $93,888.

On April 22, Shiba Inu executive Lucie announced a major community milestone via an X post, showcasing the dog-themed token's steady growth since its launch in late 2020.

Shiba Inu price may be preparing for a major surge, with some analysts predicting a potential breakout of over 512%. This comes after the coin has shown consistent patterns, with analysts suggesting that a massive rally could soon be underway.

Mantra CEO's token burn aims to restore confidence following OM's price drop, with additional burns planned for ecosystem support.

Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) are gaining momentum as Bitcoin surges past $90,000, fueled by the highest ETF inflows seen since January 2025. This resurgence is reigniting bullish sentiment across the meme coin space.

Shiba Inu (SHIB) has registered 8.6% growth on the crypto market in the last seven days. The dog-themed meme coin has maintained its upward trend since flipping the $0.000012 level.

Shiba Inu (SHIB) has been shining green today, but it is walking straight into a wall — and not a small one. On-chain data by IntoTheBlock shows more than 22.7 trillion SHIB sitting just above the current price, spread across over 49,000 addresses.

Shiba Inu (SHIB) continued to hover around $0.00001239 on Tuesday after posting a modest 2.71% dip over the past 24 hours. Despite the subdued movement, market analysts are pointing to an emerging trend that could ignite a rally reminiscent of SHIB's explosive 2021 surge.

Shiba Inu price continued to rally on Tuesday as both the stock and crypto markets posted modest recoveries. Shiba Inu (SHIB) climbed to $0.

Mantra founder and CEO John Mullin has begun an $80 million burn of OM tokens to regain users' trust following the token's sudden crash earlier in April. However, the question of the underlying reasons for the OM crash remains unanswered, blockchain investigators told Cointelegraph.Unpacking Mantra's OM crash requires a detailed forensic study rather than just basic blockchain analysis, Natalie Newson, senior blockchain investigator at the blockchain security firm CertiK, said.

Mullin announced he will burn 150 million OM tokens—his entire allocation—worth approximately $82 million. The move aims to show his long-term commitment to building the real-world asset (RWA) Layer 1 blockchain.

In recent times, it seemed like popular meme-inspired cryptocurrency Shiba Inu (SHIB) has been kind of out of context with its price showing nothing more than just sideways movement above support, while most of the market was popping either up or down.

As Ethereum (ETH) investors seek new horizons, two cryptocurrencies have emerged as compelling alternatives, Rexas Finance (RXS) and Shiba Inu (SHIB). Rexas Finance, currently in the 12th and final stage of its presale, has seen its token price ascend from an initial $0.03 to $0.20, with 92% of this stage already sold out.

Shiba Inu is back on track as Ethereum's Buterin delivers a ground-breaking proposal ahead of Pectra upgrade.

The crypto market will experience stormy conditions with substantial corrections and uncertainty in 2025. Shiba Inu (SHIB), one of the few tokens under fire, dropped almost 40% this year alone. For long-time SHIB holders, this kind of sudden drop is not novel.

Fartcoin (CRYPTO: FARTCOIN) has surged past the key $1 milestone, eclipsing better-known meme coins and catching the eye of top traders across the space. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Fartcoin (CRYPTO: FARTCOIN) $1.06 $1.06 billion +17.9% +17% Dogecoin (CRYPTO: DOGE) $0.1645 $24.5 billion +2.4% +3.3% Shiba Inu (CRYPTO: SHIB) $0.00001259 $7.4 billion +0.1% +5.5% Trader Notes: Prominent trader Unipcs shared that his Fartcoin long now sits at $5.1 million in profit, up from $3.2 million as of April 9.

In a market full of hype, one investor isn't mincing words: “There's no way this token doesn't overtake Shiba Inu by the end of 2025.” And no — it's not another meme coin: Rexas Finance (RXS) is a presale token quietly making waves with real tech, real utility, and real money behind it.

John Patrick Mullin, the head of the decentralized finance (DeFi) platform Mantra, has started the process of removing 150 million OM OM tokens from circulation.

Despite its resurgence in the past two weeks, SHIB is down by around 60% since the local peak observed in December 2024.

Shiba Inu (SHIB) burn rate has shot up 825% in the past 24 hours with a whopping 26.48 million tokens being removed from the supply.

A whale's recent deposit of over 1.7 million OM to Binance has sparked sell-off fears just as Mantra CEO John Mullin initiates a 150 million token burn.

Mantra CEO burns 150 million OM tokens to restore trust and value after 90% price crash, with plans for additional burns totaling 300 million tokens.

Mantra, the platform specialized in tokenization of real-world assets (RWA), has announced a burn of 300 million OM tokens, equivalent to approximately 16.5% of the total supply, with an estimated value of 160 million dollars. This decision comes at a critical time for the platform, which has seen its token lose 90% of its value in just one day, April 13, with a market capitalization evaporated by over 5 billion dollars. According to the Mantra team, the main cause of the collapse is attributed to irresponsible liquidations by the exchanges, which triggered a bear spiral.

Shiba Inu shows potential for a major rally with bullish technical indicators, decreasing exchange supply, and rising futures interest despite recent price struggles.

Over 100 trillion SHIB was accumulated in 2025 - Is a potential rally incoming?

The enigmatic lead of the Shiba Inu developer team known to the SHIB army under the pseudonym Shytoshi Kusama has once again sent ripples through the meme coin community by changing his status on the X profile.

Mantra, the real-world asset tokenization platform whose OM token crashed earlier this month, is pushing to burn as much as 16.5% of its total supply valued about $160 million to boost staking rewards after talks with key partners.

The meme coin market is edging higher and tracking Bitcoin (BTC) after the king coin surged to $88,000 for the first time in three weeks. At press time, the total meme coin market cap had increased to $50 billion, after gaining by 3%.

Mantra founder and CEO John Patrick Mullin has started unstaking 150 million of his Mantra (OM) tokens in preparation for sending them to a burn address in an attempt to restore the token's value by tightening supply. Mantra announced on April 21 that the unstaking process had begun, and would be completed by April 29, at which point Mullin's Mantra (OM) tokens will be sent to the burn address and permanently removed from circulating supply.

With a recent significant technical advance, Shiba Inu may be about to start a long-awaited bull run. The 50-day Exponential Moving Average (EMA), a crucial resistance level that frequently serves as the first gate to trend reversals, has finally been reached by SHIB after weeks of consolidation and muted price action.

OM crashed after a $17M whale loss, but signs of recovery might emerge soon.

MANTRA founder and CEO John Patrick Mullin has initiated the burn of his full 150 million OM token allocation, following through on a commitment made last week to bolster transparency and rebuild trust within the community.

South Korea's central bank says it will 'actively participate' in stablecoin legislation development and GSR helps a consumer products firm establish a SOL treasury.

As the crypto market began the week with notable rallies across major cryptocurrencies, inching toward what many expect to be another bull market, Shiba Inu is gradually building momentum. This follows a significant daily surge in its large transaction volume, according to data from IntoTheBlock.

OM price has reacted negatively to MANTRA's new token burn announcement. The team announced a token burn plan that will remove 150 million OM tokens from circulation forever.

TL;DR Mantra will burn 150 million OM tokens belonging to its founder on April 29, aiming to reduce supply and adjust staking rewards. The project is in talks with other ecosystem members to burn an additional 150 million tokens, though there's no confirmed date for this second phase yet.

MANTRA also said it is in talks with ecosystem partners to burn an additional 150 million tokens, bringing the total burn to 16.5% of OM's supply.

MANTRA CEO, JP Mullin, is burning 150 million OM tokens from his own allocation and engaging other ecosystem partners to burn an additional 150 million tokens. This 300 million OM token burn aims to restore investor trust in the project and stabilize the altcoin's price dynamics.

Mantra (OM) will unstake the share of founder John Mullin on April 29, in a bid to recover the market price and reputation.

According to the team, MANTRA CEO and founder John Patrick Mullin is burning his entire 150 million OM token allocation—worth approximately $87 million at current prices—in a bid to restore trust following the token's historic 90% collapse last week. The move comes as OM trades at $0.5832, down 90.4% over the last two weeks.