Prominent blockchain tracker Whale Alert has spotted a mammoth-sized SHIB transaction that carried almost three trillion meme coins. In this transaction, a top crypto exchange in Turkey was involved.
Volatility has always been a feature of the cryptocurrency markets. The collective value of all coins and tokens in existence recently hit an all-time high of nearly $3.9 trillion, but the market is in correction territory again, with a 12% drop as of this writing.
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Shiba Inu (SHIB), the 17th largest cryptocurrency by market capitalization, has made remarkable progress since its modest beginnings as a meme coin.
Shiba Inu's recent recovery attempt failed, and the price was unable to break above the crucial 100 EMA resistance level, resulting in a major setback. As a result of this significant drop in bullish momentum, traders and investors are beginning to doubt whether a long-term upward trend is possible.
Shiba Inu's (SHIB) ecosystem developers have finally opened early access to the much-awaited SHIB: The Metaverse. It comes after the team re-scheduled the launch from December 2023 to 2024/2025 due to unforeseen circumstances. Understanding SHIB: The Metaverse The new platform aims to transform the Shiba Inu ecosystem with community-centered developments and immersive experiences.
Dogecoin has struggled to recover from its recent losses, with demand noticeably declining over the past few days. As the year draws to a close, many investors are choosing to sit out the volatility associated with this transitional period.
A massive 6.26 million SHIB was delivered to a dead address. The introduction of “SHIB: The Metaverse” this past Christmas was seen by the community.
Riding political shifts, regulatory optimism and growing institutional interest, these three coins delivered monumental gains this past year.
A closely followed crypto analyst believes top memecoin Dogecoin (DOGE) is gearing up to unleash another parabolic rally.
Optimism toward a meme coin has increased as a result of Shiba Inu's recent recovery above the 100 EMA at $0.0000230. But this rebound is still not enough to verify a legitimate trend reversal.
The Dogecoin (DOGE) price has rallied back to $0.33 after falling as low as the $0.26s last week, and is forming a triangle pattern that could soon be the catalyst for a bullish breakout. The post Dogecoin Price Rallies to $0.33 – Will the Triangle Pattern Spark a Rally? appeared first on Cryptonews.
While widespread liquidations would be expected from the recent DOGE price crash, Dogecoin whales have embraced the downturn as a prime opportunity. Viewing the dip as a chance for a low market entry, these whales now purchase Dogecoin in large volumes, with the latest transactions recording a 270 million buy.
Bitcoin's recovery shows solid buying at lower levels, increasing the possibility of a break above $100,000 in the short term.
PENGU meme coin jumps 28% as Pudgy Penguins creator challenges Dogecoin dominance. Is this the next big crypto contender? Here's what you need to know. The post PENGU Meme Coin Surges 28% as Pudgy Penguins Creator Takes Shots at Dogecoin – Can it Overtake DOGE? appeared first on Cryptonews.
Shiba Inu (SHIB) price has seen a 10% decline over the past seven days, yet it remains the second-largest meme coin in the market, only trailing Dogecoin. Despite the recent pullback, SHIB's RSI has been climbing steadily, indicating improving buying momentum and a potential shift in market sentiment.
The significant surge in Shiba Inu burn rate has once again garnered notable investor attention toward the renowned dog-themed meme crypto, SHIB. Recent burn data indicated that millions of coins were taken out of the token's circulating supply, sparking noteworthy optimism surrounding the crypto amid recent ecosystem developments.
Shytoshi Kusamas latest update about More TREATS has sent waves of excitement through the Shiba Inu community. With the SHIB price rebounding and Shibarium reaching major milestones, optimism around the tokens future is on the rise.
Crypto analyst Trader Tardigrade has highlighted an interesting development in the Dogecoin price movement as it starts to trade within a range. According to technical analysis by the crypto analyst, Dogecoin is currently in a manipulation phase.
Meme cryptocurrency Shiba Inu (SHIB) is witnessing a short-term price correction, but technical indicators suggest that the coin might target new highs.
While top altcoins like Dogecoin (DOGE) and Ripple (XRP) are popular, the ROI is limited, making them less appealing to savvy investors. In contrast, DTX Exchange (DTX) is set for almost a 100% gain after its debut, scheduled to go live on Tier-1 exchanges in the coming weeks.
According to the recent data shared by the Shibburn tracking service, over the past day, the SHIB community has managed to push a substantial amount of meme coins out of the circulating supply.
A crypto analyst, known as ‘CryptoSanders9563', disclosed in a report on TradingView that the Dogecoin price has broken out of a symmetrical triangle pattern. This technical pattern, signaling a bullish continuation for Dogecoin, is expected to trigger a price surge to a new target above $0.375.
If you're into Shiba Inu and all things virtual, here's exciting news for you. As a Christmas gift, the team has finally launched Shiba Inu Metaverse. It's not just an ordinary release. This platform is meant to change the way we interact online.
In a festive twist, dog-themed cryptocurrency Shiba Inu (SHIB) has seen a 7% increase in price within the last 24 hours. The cryptocurrency market experienced a boost heading into the Christmas holiday.
Shiba Inu price appears to be gearing up for a major rally ahead, primarily in the wake of recent ecosystem advancements. On Wednesday, the token's lead developer, Shytoshi Kusama, spotlighted ‘SHIB: The Metaverse' launch while also saying ‘more TREATS soon,' sparking optimism across the SHIB community.
Investors are keeping close track of the Dogecoin price, as the meme coin has recorded a surge of nearly 5% today, after a volatile trading recently. Besides, several market experts have recently sparked speculations with their comments on DOGE ETF, with many anticipating a potential launch in 2025.
Recent network activity on Shiba Inu has significantly decreased, with activity levels falling by 30%. The state of SHIB's ecosystem and its possible effects on the token's price trajectory have caused some investor outflow.
The Shiba Inu ecosystem has witnessed an increase in SHIB burning endeavors in the 24 hours leading up to Christmas day. According to data from Shibburn.com, Shiba Inu's burn tracker, the meme coin has witnessed a 41.87% increase in the number of Shib tokens burned when compared to the previous 24-hour timeframe.
As Bitcoin (BTC) continues to dominate headlines with its record-breaking surge, up 46% since November's election and 133% year-to-date, attention is shifting to altcoins that offer high potential at a lower price point.
The crypto market rebounded heading into Christmas Day, with traders hoping for a holiday rally of various crypto assets. Amid the expectations on the crypto market, whales, or large holders, are making significant moves.
Pseudonymous Shiba Inu team's marketing lead Lucie has published a tweet dedicated to the SHIB Metaverse – a project that has been in the works for the past two years but no updates about it have been released for a long while already.
Shibarium, the layer-2 blockchain solution for Shiba Inu (SHIB), has hit a significant milestone. As the world marks Christmas Day, Shibarium soared past 700 million transactions.
As the Bitcoin price gained strength, the markets also turned bullish. Most cryptos initiated a strong recovery from the latest pullback, which has kept up the momentum of most of the altcoins.
SHIB has finally rebounded, charting a 4% rise on a 24-hour scale.
SHIB's price tumbled by nearly 50% in weeks but is that all about to change?
Investors are preparing strategically for perfect returns looking for the next crypto to explode as Bitcoin soars to $107,000. The next crypto bull run has begun and it is anticipated to run through 2025, becoming essential to identify early high-potential projects to yield high gains.
Dogecoin network activity surges, raising adoption hopes while transaction volume highlights room for growth.
Shiba Inu News: The meme coin sector has gained notable traction lately, with SHIB emerging as a leading player in the space. The crypto has caught the eyes of investors lately, especially after the crypto market witnessed volatile trading after the latest US FOMC.
On Tuesday, Ali, a prominent voice in the crypto community, revealed that whale investors purchased a staggering 270 million Dogecoin (CRYPTO: DOGE) in less than four days. What Happened: On Christmas Eve, Ali took to X to announce the significant investment in Dogecoin.
Here's what you need to know if you want to become a SHIB millionaire.
Shiba Inu (SHIB) investors are eyeing ambitious price targets in the hope of significant returns. Despite the dog-themed cryptocurrency's struggles in recent times, with a 10.21% dip in value over the last month, there's a renewed sense of optimism.
The XRP chart shows a descending flag pattern, indicating that the asset has entered a critical phase. A possible decline is frequently indicated by this bearish continuation pattern.
Dogecoin faces stagnation as open interest drops severely and key support levels fail to hold.
Crypto analyst Ali Martinez has indicated that there is a looming parabolic rally for the Dogecoin price. Martinez predicted that the foremost meme coin could rally above $1 and reach as high as $20 if history repeats itself.
Shiba Inu (SHIB), the popular and second-largest crypto meme coin by market cap, is poised to break its ongoing consolidation, which it has been facing for the last five trading days.
Analysts and investors alike have Dogecoin under the lens, particularly in light of recent forecasts indicating a possible price spike. Market analyst Javier Santini has made headlines with his forecast that Dogecoin could hit $4 within a week after an ongoing correction phase.
A Morgan Stanley expert has identified WallitIQ (WLTQ), an AI token, as one of the top crypto picks for 2025. While Dogecoin's fan base is growing as some analysts predict that the Dogecoin Price will soon hit the $30 mark, this Morgan Stanley expert has recognized a crypto diamond in the rough.