Bitcoin's break above $65,000 and solid buying in-the-spot BTC ETFs have traders convinced that the bull market is back in full swing.
Shiba Inu has surged over 20%, nearing a key resistance level and drawing increased market attention.
The various developments in the Shiba Inu ecosystem have aligned very well with the market movement. As soon as Bitcoin started moving up since September 26, Shiba inu started rising shoulder to shoulder. In the last two days, Shib has surged over 45%. But why is it falling now, let's analyze.
A skilled cryptocurrency trader has reportedly made a substantial profit of $392,200 by investing early in MOODENG (CRYPTO: MOODENG), a meme coin inspired by Moo Deng, the adorable baby hippo that has recently taken social media by storm. What Happened: According to data from Lookonchain, the trader entered the MOODENG market when its capitalization was a mere $70,000.
Dogecoin's (DOGE) ascent to become the top meme cryptocurrency was inspired by the token's meteoric rise during the 2021 bull market, and now there are chances that Shiba Inu (SHIB) might follow suit.
The meme coin market is heating up again, with Shiba Inu (SHIB) seeing a 20% price jump since yesterday. Not to be outdone, the Boy's Club-inspired duo, Brett (BRETT) and Pepe (PEPE), aren't far behind – racking up some impressive gains of their own.
The market conditions for a possible breakout toward the $0.00002 price level have been created by Shiba Inu's notable recovery. Investors and traders should monitor three crucial price levels as SHIB gains traction, in order to predict its next move.
Dogecoin (DOGE) and Shiba Inu (SHIB) prices have surged by 10% and 22% in the last 24 hours, respectively. These price surges are thanks to developments on the macro side and these meme coins' fundamentals, which provide a bullish outlook for them.
Despite concerns about an overheated market, Shiba Inu's (SHIB) price continues to hit a higher value and has increased by 32.50% in the last seven days. On Monday, September 23, SHIB's price was $0.000014.
The cryptocurrency market surged Thursday, extending the rise sparked by the Federal Reserve's first interest rate cut in more than four years. The rally was spearheaded by popular dog-themed memecoin Shiba Inu, which spiked more than 20% in the last 24 hours, touching levels not seen since mid-June.
Shiba Inu has jumped by 14% in the past 24 hours, with the SHIB price moving to $0.00001958 on a day when the market as a whole has gained by only 1%.
Meme coins have somehow managed to make headlines throughout Q3 despite the rest of the market remaining subdued.
The cryptocurrency market is abuzz with activity as three notable coins—Shiba Inu (SHIB), XRP, and Solana (SOL)—navigate distinct paths that could shape their futures. After a prolonged period of uncertainty, Shiba Inu is finally showing signs of a bullish trend.
The crypto market has surged this week, with signals of a potential rally in the coming days. The market's bellwether, Bitcoin is near two-month highs and the rest of the crypto assets have tagged along.
The crypto market has rallied this week, with big gains by SHIB and Solana Prices. XRP is a black sheep, but it fits in the top crypto too.
Meme coins have roared back with strong gains over the past 48 hours, riding on the coattails of Bitcoin's comeback above $65,000. What Happened: According to Coingecko data, the market capitalization of meme coins has surged by 18.5% in the past 24 hours, approaching the $55.9 billion mark.
This week, we examine Ethereum, Ripple, Cardano, Shiba Inu, and Dogecoin in greater detail. Ethereum (ETH) Ethereum closed another good week with a 4% price increase.
Here's why SHIB bulls might suffer some pain soon.
Dog-themed cryptocurrency Shiba Inu (SHIB) has seen a 924% surge in large holder inflows, an indicator that tracks funds going into whale-owned addresses. This significant increase comes amid a notable price breakout, capturing the attention of the market.
The Shiba Inu (SHIB) burn rate has skyrocketed by a massive 33,818%, the largest surge recorded in the past few months. Per data from Shibburn, this burn rate has led to a total of 1,884,288,401 SHIB torched, the most significant 1-day burning recorded this quarter.
Strong on-chain activity and whale transactions have led to a major Shiba Inu price surge with other altcoins such as PEPE, BONK, and FLOKI joining the party.
Popular meme coins PEPE, SHIB, FLOKI and BRETT were seen enjoying their time in the green as Bitcoin surged past the psychological threshold of $65,000, sparking hopes of an impending bull run.
With the meme coin market cap nearing the $50 billion mark, the meme coins mania is back in the crypto market. Further, the Bitcoin price ending the stagnation under the $64K level marks a market-wide recovery. As Bitcoin surpasses the $65K mark, the top meme coins, Shiba Inu, FLOKI, and PEPE, give double-digit returns.
Shiba Inu cryptocurrency surged 22% to $0.00001893 amid positive market momentum, with analysts projecting potential further growth to $0.00002908 by early October.
Shiba Inu has taken the crypto world by storm with its explosive SHIB price surge. What's driving this rally, and could SHIB price erase another zero?
Shytoshi Kusama, the pseudonymous SHIB lead, has taken to his official account on the X social media app (widely famous as Twitter in the past) to deliver a mysterious message to the global Shiba Inu community.
Meme cryptocurrency Shiba Inu (SHIB) is currently outperforming every single token in the top 100 by a huge margin, according to data provided by analytics platform CoinGecko.
Cryptocurrency News: The cryptocurrency industry has seen noteworthy growth in the past 24 hours, climbing by 3.11% to reach a market cap of $2.29T. Along with the price wave, trading activity has also increased significantly, with a jump of 34.58% to $86.92 billion.
SHIB is now the 14th-largest cryptocurrency, with a market capitalization exceeding $11 billion.
BTC has risen above $65,000 but the meme coins are on the main stage.
The world's second-largest meme coin Shiba Inu (SHIB) has once again triggered a storm in the crypto space with 23% gains in the last 24 hours and moving closer to $0.0000191. Interestingly, the SHIB Price surge comes along with a 240% surge in the daily trading volumes, above $1.36 billion, reminiscent of the 2021 mega
The crypto prices on Friday sparked substantial investor optimism, illustrating bullish trajectories. Bitcoin (BTC) and altcoins have traded dominantly in the green, whilst Shiba Inu (SHIB) emerged among the day's top gainers.
SHIB's extra gains were likely if THESE roadblocks were cleared.
Shytoshi Kusama, the mysterious lead developer of the Shiba Inu (CRYPTO: SHIB), shared a GIF, purportedly celebrating the breakout rally of the ecosystem's top cryptocurrencies. What happened: On Thursday, the pseudonymous lead posted a meme on X, showing Vegeta, a character in the popular anime series Dragon Ball, smirking after looking at a device.
SHIB price has been on the move recently, with a sharp rise in its 7-day MVRV ratio indicating that many holders are in profit. Whale activity has been cautious, with only modest accumulation, which could limit further price gains.
Shiba Inu (SHIB) could be on the verge of massive growth amid the team's efforts to expand utility. SHIB is currently the second-largest meme coin, with more than $10 billion in market capitalization.
On September 27, 2024, the overall cryptocurrency market experienced a price reversal amid this Shiba Inu (SHIB) outperformed major cryptocurrencies with its impressive performance. According to the coinmarketcap data, SHIB has experienced a significant price surge of over 20% in the last 24 hours and is currently trading near the $0.0000187 level.
Shiba Inu ecosystem is gearing up for another significant milestone as the project's team hints at the potential launch of a new stablecoin, sparking a wave of excitement within the entire SHIB community.
Dogwifhat (CRYPTO: WIF) is up 8% on the day and 26% on the week, closely following its rival Shiba Inu (CRYPTO: SHIB) as traders see more upside playing out shortly. What Happened: On-chain data provider Lookonchain shows a major WIF holder borrowing 2 million (CRYPTO: USDC) from the Solana (CRYPTO: SOL) DeFi protocol Kamino to buy an additional 894,854 WIF at $2.24 each.
Bitcoin, Shiba Inu and Cardano are 3 of the cryptocurrencies with the highest demand in the market today. Although they are very different from each other, they are all going through a moment of great growth and development that have allowed massive adoption.
Crypto analyst Smile has made an ultra-bullish price prediction for Dogecoin (DOGE), Shiba Inu (SHIB), and XRP, stating they will reach $25, $0.05, and $200, respectively. The analyst also provided a timeline for when these coins will reach these price targets.
What does Shiba Eternity's new Play 2 Earn version bring to the table that got fans so excited?
As the cryptocurrency market continues to experience rapid change, investors are on high alert to identify the next breakout star. Among the contenders in the current bull cycle, ETFSwap (ETFS) is gaining momentum with its distinctive DeFi platform above Dogecoin (DOGE) and Shiba Inu (SHIB), regardless of their established status in the crypto market.
Check out the latest scam warning issued by the SHIB team.
Shiba Inu made a strong comeback on Sept. 26, soaring to its highest level since July 27, as Shibarium's fees surged.
Shiba Inu (SHIB) is displaying promising indicators that suggest it could soon become a profitable asset for many investors. Recent on-chain data reveals that approximately 49% of SHIB holders are currently experiencing profits, with the cryptocurrency trading around $0.00001499.
Bullish momentum is set to push SHIB into eagerly awaited territories.