Shiba Inu's price has been repeatedly rejected at significant resistance levels, which has caused it to struggle with upward momentum. The asset is stuck in a difficult range that indicates persistently negative market sentiment despite efforts to regain its bullish footing.

The launch of TREAT, a new token in the shiba inu ecosystem has sparked excitement, but with a spicy touch of controversy. While some community members celebrate the new launch, others worry about the project's focus shift from BONE.

According to the data revealed by Shibburn, over the past day, the burn rate of the prominent meme coin Shiba Inu has demonstrated a massive crash. However, the coin's price reacted unexpectedly.

Shiba Inu's (SHIB) burn rate spikes as the TREAT token launches, signaling a strategic ecosystem expansion and heightened market attention.

Shiba Inu (SHIB), coin that captured the hearts of millions, has recently shown signs of recovery after a tense period where its price hovered dangerously close to a critical support level. In the face of market volatility, SHIB managed to regain momentum and break above the 200 Exponential Moving Average (EMA), a key technical level that traders often use to gauge market trends.

Cryptocurrencies crawled back on Tuesday as Bitcoin climbed from $88,000 to almost $97,000 ahead of the US inflation report. Pepe coin price also rose, as one crypto analyst predicted more gains that could see it flip Shiba Inu to become the second-biggest meme coin.

With its price falling below the crucial 200 EMA, Shiba Inu has had a wild ride lately. Traders were alerted by this move because it implied a possible move into bearish territory.

Traders must be cautious - The CMF showed that capital flows were slightly negative.

Shiba Inu (SHIB) has been consolidating above the critical support level of $0.00002093, struggling to break out and post rallies.

Meme coins have faced intense volatility in the last two weeks. Data from CoinMarketCap shows that the total meme coin market capitalization has fallen below $100 billion, with most of these coins registering double-digit percentage losses in just one week.

Shiba Inu debuts its reward token TREAT on three major exchanges amid a dramatic 2,229% surge in SHIB burn rate, signaling potential market implications.

Peanut The Squirrel (CRYPTO: PNUT) has rebounded with a 22% single-day surge but remains down 47% on the month, with traders questioning its near-term potential. Cryptocurrency Price Market Cap 24-Hour Trend 24-Hour Trading Volume Peanut The Squirrel (CRYPTO: PNUT) $0.6217 $621.6 million +24.8% $572.8 million Shiba Inu (CRYPTO: SHIB) $0.3519 $51.8 billion +8.1% $371.9 million Dogecoin (CRYPTO: DOGE) $0.00002138 $12.6 billion +4.9% $3.2 billion Pepe (CRYPTO: PEPE) $0.00001724 $7.3 billion +5.3% $874.01 million Trader Notes: Crypto Bull expressed confidence in PNUT, predicting it's time for the meme coin to reach $1 following its Coinbase listing.

The crypto market trades downward amid rising selling pressure and underwhelming price actions. Like the rest of the market, Cardano (ADA) and Shiba Inu (SHIB) are in bearish zones, sparking concerns. However, IntelMarkets (INTL), a new AI crypto, is on a bullish course.

The price of popular meme-inspired cryptocurrency Shiba Inu (SHIB) may be on the verge of stunning price action in the coming weeks. In particular, as the Bollinger Bands indicate on the weekly price chart of SHIB, the price of the asset found support at a median level, despite a painful sell-off yesterday.

Most of the coins are back in the green zone today, according to CoinStats.

Dog-themed meme coin Shiba Inu (SHIB), has seen its Open Interest soar amid the ongoing rebound on the cryptocurrency market. According to CoinGlass data, 18.64 trillion SHIB worth $399.79 million in outstanding derivatives contracts were opened in the last 24 hours.

As became known thanks to data from IntoTheBlock, the amount of Shiba Inu (SHIB) tokens outflowing from the wallets of large holders in the past 24 hours skyrocketed by a staggering 475%.

Shiba Inu burn rate has surged significantly in the last 24 hours. Over 21 million SHIB tokens have been burned in the last 24 hours, bringing down the circulating supply to create scarcity and mark upticks in price.

Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) are gaining momentum, trading significantly up on Tuesday morning. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin (CRYPTO: DOGE) $0.3475 $51.3 billion +9.7% -10.1% Shiba Inu (CRYPTO: SHIB) $0.00002133 $12.6 billion +6% -10.1% Pepe (CRYPTO: PEPE) $0.00001721 $7.2 billion +6.6% -15.4% Trader Notes: Crypto trader Kevin highlighted that Dogecoin's price action remains strong as long as it holds above $0.26 within its bullish falling channel.

Shiba Inu (SHIB) currently trades at $0.00002148, reflecting a 5.07% rise in the past 24 hours, lifting its market capitalization to $12.65 billion.

Public burn tracker Shibburn has revealed that another large SHIB stash has been transferred to a “virtual furnace” over the past day. The burn rate, respectively, has shown a four-digit rise.

Shiba Inu price remains steady this week, reflecting the broader crypto market trend. The SHIB is trading above $0.00002, exhibiting sideways movement.

Shiba Inu has reversed its trajectory above the 200 EMA at $0.00002082, avoiding a critical breakdown. SHIB has proven resilient after testing this crucial support level and enduring a bearish wave, which is much-needed relief for its investors.

Kaal Dhariya, a leading developer within the Shiba Inu ecosystem, has strongly refuted claims that the team behind Shiba Inu could still mint Bone ShibaSwap (BONE) tokens, despite prior assurances that the token's supply was fixed. The confusion arose after a claim from a Solidity developer known by the username @shallowhal-i4n, who suggested that the Shiba Inu team could exploit a loophole in the contract to mint additional BONE tokens.

Eligible KuCoin, Gate.io, and Bitget users will receive millions of TREAT tokens.

Here's why SHIB could escape the bearish territory soon.

The price of leading meme coin Shiba Inu has fallen by more than 10% over the past week. On-chain data suggests that this double-digit price decline has made the meme asset undervalued, presenting a buying opportunity for investors looking to trade against the market.

Dog-themed cryptocurrency Shiba Inu (SHIB) has dropped to the psychological $0.00002 level amid an ongoing crypto market sell-off, stoking questions about what might happen next for the cryptocurrency.

Shiba Inu (SHIB) is showing signs of a potential price reversal after weeks of decline, with key market indicators pointing toward a possible surge. Despite recent losses, including a sharp 12.31% dip in one week and a 26.72% decline over the month, Shiba Inu is starting to exhibit early signs of recovery.

Due to its inability to sustain important support levels, Shiba Inu is on the verge of entering a bearish phase. SHIB is currently trading at $0.00002025, below its 200 EMA, which has historically served as a strong support level.

The month of January is nearly halfway through, and the crypto market has had a subdued start to 2025. With Bitcoin struggling to break past the $95,000 mark, altcoins have faced challenges in recovering or posting significant rallies.

Cryptocurrency prices have brought little to no joy in recent days, and the popular meme coin Shiba Inu (SHIB) is no exception. Losing nearly 20% since its January high of $0.000025 is painful to say the least, but as the price chart and the formations on it for SHIB show, this could be just the beginning of misfortune for the popular meme cryptocurrency.

After much waiting, the Treat Token's listing date is just around the corner, building investor enthusiasm. This token is said to play a significant role in the Shiba Inu's ecosystem and will primarily work towards rewarding the use of their contribution to the same.

The cryptocurrency market continues experiencing a bearish action with top tokens losing significant valuation in their respective portfolios. Reportedly, top cryptocurrencies are constantly failing to hold their value above their important support levels, highlighting rising uncertainty in future price action. With the market turning unpredictable, investors are closely watching their portfolios with various doubts.

Shiba Inu (SHIB) heeft vandaag te maken met extra weerstand, terwijl er niet genoeg kopers zijn om de druk op te vangen. De bekende meme crypto is vandaag met 4,5% gedaald naar $0,00002060 en dreigt deze middag nog verder te zakken.

Shiba Inu's ($SHIB) developer, Shytoshi Kusama has introduced the ‘WHY Combinator', a decentralized technology stack that helps projects within the meme coin sector answer one simple question.

Shiba Inu's lead developer, announced that they have launched a WHY Combinator, a decentralized, robust, and comprehensive technology stack programmed.

Shytoshi Kusama, the mysterious personality associated with the Shiba Inu (CRYPTO: SHIB) ecosystem, explained the utility and significance of the soon-to-be-launched TREAT token. What happened: In a Saturday blog post, Kusama said TREAT stands for “Transactional Rewards for Engagement & Access Token,” placing it at the center of the so-called technology stack, the 36 Chambers of Tech.

Finally, XRP has breached a crucial descending trendline resistance level, suggesting that a major bullish rally may be about to begin. After weeks of consolidation within a narrowing range, traders have a clear indication that momentum may be turning upward with this breakout.

Shiba Inu's lead developer, Shytoshi Kusama, has announced the launch of the WHY Combinator, a decentralized program aimed at fostering growth and innovation within the meme coin ecosystem.

Shiba Inu's lead developer, Shytoshi Kusama, has praised the success of Shibarium, the layer-2 blockchain network powering the Shiba Inu ecosystem.

The Shiba Inu (CRYPTO: SHIB) community has witnessed a 300% surge in token burns within the last 24 hours. However, the SHIB Army, a group of SHIB enthusiasts, is advocating for even more substantial burns.

$0.00002117 and $0.00002312 levels were the nearby high leverage liquidation clusters for the memecoin.

Shiba Inu price experienced a 3% pullback on January 12 as buyers remained hesitant. With market demand flat-lining, can SHIB rebound above $0.000025?

On the daily chart, Shiba Inu seems to be forming a head-and-shoulders pattern, which is a bearish reversal indicator that frequently indicates possible downside in the future. There are three peaks in this formation with the middle peak (the head) being higher than the two side peaks (the shoulders) and a neckline serving as a level of support.

Neither buyers nor sellers are dominating at the end of the week, according to CoinStats.

Wondering where SHIB is headed? Find out if its price is likely to rise or fall in the next 30 days!