With a SHIB burn of nearly 28 billion tokens in a day, there could be a strong impact on SHIB's price. The burn activity of Shiba Inu (SHIB) is receiving attention once more after a spike.

Fear remains the key emotion in the crypto space even as enthusiasts remain optimistic of a recovery in the foreseeable future. While most majors and meme coins are still under selling pressure, Bitcoin has benefited from its stability.

Amid the recent market downturn, several developments have occurred in the Dogecoin and Shiba Inu ecosystems. These include fundamentals, which provide a bullish outlook for the foremost meme coins.

This week in crypto recorded several key events across various ecosystems that will continue shaping the industry.

Mantra's recovery efforts aim to restore investor confidence and stabilize the ecosystem, highlighting the importance of transparency and trust. The post Mantra CEO says team is finalizing burn program details, buyback is well underway appeared first on Crypto Briefing.

SHIB will return to its bullish trend once the buyers push the price above the moving average lines and the positive momentum continues.

Shiba Inu (SHIB) has registered notable price gains in the last 24 hours as it broke a critical resistance level. Given its upward trajectory, SHIB looks set to lose another zero in price as activity picks up on the crypto market.

Since the beginning of 2025, the Web3 ecosystem has reportedly lost nearly $6 billion to rugpulls, with 92% linked to the Mantra case.

When looking at Shiba Inu coin price history by CryptoRank, one thing stands out - the next few months might not be kind to SHIB holders. While there is always hope that things could change, the trend is clear - the next seven months could be tough.

Shiba Inu reaches a resistance level that might become an unbreakable wall for the asset in its current shape and form as it struggles with low momentum and substantial on-chain resistance. Over 20,000 addresses bought a massive amount of SHIB at the $0.000012 mark, or roughly 18.83 trillion tokens, according to recent on-chain data.

In a move that caught the attention of the Shiba Inu community, 16,682,282 SHIB tokens were transferred to a dead wallet and burned at one go, according to data from Shibburn.

Shiba Inu price has not made any meaningful gains over the past month, as meme coin traders remain cautious due to uncertainty caused by tariffs and the trade war. However, one top trader has used an Elliott Wave analysis to identify a bullish outlook for SHIB, suggesting that it may be on the verge of

SHIB bulls could be in for some good news - here's what's brewing.

Shiba Inu trades at critical resistance while 59% of traders are bearish, but experts remain optimistic with price poised for potential breakout.

Cryptocurrencies are off to a rough start in 2025. The total value of all coins and tokens in circulation currently stands at $2.7 trillion, which is down about 20% for the year.

Shiba Inu meme coin has recently rattled the crypto market by following one of the latest trends in the sector. The crypto's team shared an X post this Friday that read, “Shib is for everyone.

Shiba Inu (SHIB) recently encountered resistance as a local death cross formed on the four-hour chart, where the 23-period moving average slipped below the 50-period one. This technical crossover triggered a 2.65% drop, pushing SHIB down from its attempt to break above a short-term structure near $0.00001194.

Experts remain bullish on SHIB despite market uncertainty, predicting a potential surge to $0.0000600 by 2025.

Mantra's OM token crashed by over 90% on April 13, falling from around $6.30 to under $0.50 in a matter of hours.

The recent OM collapse at MANTRA has left the community confused. In a series of instant drops, $5.5 billion was erased.

Mantra and associated market makers allegedly manipulated liquidity metrics for the OM token by exploiting vulnerabilities in data aggregators' self-reporting systems, according to discussions on the latest edition of “The Chopping Block” podcast. The scheme involved misrepresenting the circulating supply and trading volume of OM to create the appearance of broader market activity than existed.

The Shiba Inu price continues to attract the attention of analysts, who are watching for its next potential move. A recent report from Finder, based on the insights of 26 crypto industry experts, reveals a cautiously optimistic outlook for SHIB.

The Shiba Inu price is indicating that it can bounce back as investors attempt to gain control of the popular meme token's price action. SHIB appears to be creating trends that would assist in propelling it to the crucial price of $0.00002.

The CEO and co-founder of the real-world asset (RWA) crypto project Mantra (OM) unveils a plan to bring back community trust following a massive sell-off of the blockchain's token. On Sunday, the value of the OM token plunged from a high of $6.35 to a low of $0.37, representing a huge drop of 94%.

The Mantra team has cleared the air on the collapse, but traders remain cautious on the sidelines awaiting a post-mortem report. The post Can Traders Trust the MANTRA Price Bounce? Post-Mortem Report on Collapse Incoming appeared first on Cryptonews.

The meme coin Shiba Inu (SHIB) recently faced a technical barrier it could not overcome, despite some early attempts. On the four-hour chart, the 23-period moving average crossed below the 50-period one — forming a local death cross — and the price reacted accordingly.

An industry expert panel sets targets for Shiba Inu's year-end price, hinting at 235% growth for the popular canine coin.

While the Shiba Inu price has crashed by 65% from its November highs, one crypto analyst believes it is too resilient to fail and that it is much better than other meme coins like Dogecoin and Pepe. As such, if her reasons are correct, the SHIB price will likely bounce back in the long term.

Shytoshi Kusama, the leader of Shiba Inu, has been quiet for nearly three weeks. But now, he's back with a short, mysterious message, “Next week let's go back to it, can we?” This has made the SHIB community excited, thinking something big might be coming, maybe even a rise in SHIB's price.

Mantra's OM token collapsed by more than 90% overnight, and the crypto world can't agree on why. On April 13, OM's price plummeted from over $6 to below $0.50, wiping out more than $5 billion in market cap and triggering widespread panic across the crypto industry.The sudden crash drew comparisons to Terra's LUNA implosion as traders scrambled for answers.

The crypto market has been under bearish pressure because of President Trump's tariff policy. The Federal Reserve Chair Jerome Powell has also sparked concerns after his recent remarks revealed that US inflation may also rise because of these tariffs.

Technical and on-chain data indicate that Shiba Inu is about to enter a critical phase, which could see a spike in volatility. The next significant move of the token may be greatly influenced by the astounding 13.7 trillion SHIB tokens that are on the verge of activation currently sitting at or slightly below the break-even level of $0.000012.

Mantra's recent token collapse highlights deeper-rooted issues within the crypto industry around fluctuating liquidity levels, creating additional downside volatility over the weekend, which may have exacerbated the token's crash.The Mantra (OM) token's price collapsed by over 90% on April 13, from roughly $6.30 to below $0.50, triggering market manipulation allegations among disillusioned investors, Cointelegraph reported. While blockchain analysts are still piecing together the reasons behind the OM collapse, the event highlights critical issues for the crypto industry, according to Gracy Chen, the CEO of cryptocurrency exchange Bitget.

The enigmatic Shiba Inu lead known to the community under the pseudonym Shytoshi Kusama has returned after yet another long, almost three-week absence.

The cryptocurrency market is witnessing a split in sentiment after two high-profile events – Mantra OM's collapse and XRP's ETF journey.

Despite a bullish altcoin market, mantra (OM) crashed 90% in 7 days, from ~$6.41 to ~$0.69. Speculation of stealth dumping or forced liquidations due to large pre-crash transfers to exchanges. Analysts cite centralized exchange dominance, thin liquidity, and automated liquidations, not a rug pull. Technical indicators remain bearish with OM below $0.70, low RSI (36.

Shiba Inu (SHIB) continues to face strong selling pressure, now trading around $0.00001168 after failing to establish solid support in recent sessions. The meme coin remains highly vulnerable to a potential drop toward $0.00001050, or even $0.00001000, a psychologically significant level for traders.

Shiba Inu is in the spotlight, joining the broader market rally amid a divergent burn rate outlook. As of press time, data from Shibburn shows the burn rate is down by 98.79%, with less than 857,632 SHIB torched in 24 hours.

Most financial experts doubt Shiba Inu will ever flip Dogecoin despite recent whale activity and SHIB's slight outperformance of ETH.

MANTRA's cataclysmic price collapse on Monday raised immediate red flags about potential insider activity and price manipulation. In response, whales have sold off their holdings, hinting that the most informed wallets are de-risking.

While Mantra's downfall has deepened market skepticism, XRP's likely inclusion in a spot ETF offers a contrasting wave of optimism for traders, Santiment's analysts say.

Shiba Inu (SHIB) is showing signs of renewed momentum as its burn rate jumps by 111.43% in 24 hours, with a weekly increase of 19.48%, according to blockchain tracker Shibburn. This notable uptick marks a potential revival in SHIBs deflationary mechanism, reigniting optimism among holders.

Top crypto prices remained under pressure this week as market participants focused on the ongoing trade war between the US and other countries. Bitcoin was stuck around $84,000, while the crypto fear and greed index moved to the fear zone of 25.

A recent poll indicates that financial experts remain skeptical if Shiba Inu is able to overtake Dogecoin in value. The poll, conducted by Finders, surveyed 14 finance experts for their opinion on whether SHIB will ever overtake DOGE in market capitalization.

Shiba Inu has once again faced significant downward pressure. The asset is now trading at about $0.00001168, having failed to set up a significant support level in the last few sessions.

After weeks of relatively low burn activity, Shiba Inu's burn rate is seeing a slow but notable rebound, according to the latest figures from blockchain tracker Shibburn.

A move to $0.72 was likely in the short-term, and Sunday's selling scrambled the previously healthy-looking uptrend.

Shiba Inu (SHIB) looks primed for a possible breakout as the price action on the weekly chart constricts. Several cryptocurrency analysts are referring to a pattern formation that suggests SHIB could be on the verge of a massive price action following a consolidation phase.