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.
After being trapped in a horizontal consolidation between $0.000015 and $0.000012 since early August, Shiba Inu (SHIB), the second-largest meme coin by market cap, broke out of the liquidity zone.
Shiba Inu (SHIB) ecosystem explosive growth: 2,190% jump in Shibarium fees and a 203% surge in trading volumes. Why this renewed interest in SHIB?
Shiba Inu's Shibarium blockchain sees remarkable growth and community backing, positioning it for continued expansion in the decentralized finance space.
Shiba Inu (SHIB), a popular meme-based altcoin, has experienced a very notable price surge in the last 24 hours. The asset is in the middle of a rally that has driven prices up by 14.40% at press time.
TL;DR Imminent Release: The Shiba Inu team has hinted at the upcoming release of the SHI stablecoin, which aims to provide stability and utility within the Shiba Inu ecosystem. Stable Value: SHI is designed to be pegged at $0.01, offering a reliable value for transactions and mitigating price manipulation risks.
A new day has brought a new twist to the popular meme-inspired Shiba Inu (SHIB) cryptocurrency. According to Shibariumscan, the total volume of BONE tokens collected as transaction fees on the Shibarium network has increased by 2,190% in the last 24 hours.
Cryptocurrency Market Today: With 1.19% growth in the last day, the global cryptocurrency market has maintained its upward trajectory, with a total market capitalization of $2.26 trillion. However, trading volume decreased by 8.74% to $67.53 billion at this time.
Meme coin leaders Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) are picking up steam and could rise even further, according to predictions. What Happened: Shiba Inu's burn rate increased by 640.7%, as around 1 million SHIB coins were burned in a single transaction, according to Shibburn data.
Dog-themed cryptocurrency Shiba Inu (SHIB) has experienced a significant surge in trading volumes, skyrocketing by 203% as the cryptocurrency makes a massive price breakout.
Shiba Inu might become the next cryptocurrency project to introduce its own stablecoin.
Memecoin giant Shiba Inu is on track to launch a new stablecoin to boost ecosystem growth.
One of the crypto market's most popular meme coins, Shiba Inu (SHIB) is often in the news due to its cute logo. The name Rexas Finance (RXS),
The total meme coins' market cap led by Dogecoin and Shiba Inu rallied over 6 percent in the past 24 hours to hover at about 50 billion on Thursday.
The SHIB team reveals the upcoming launch of SHI stablecoin. Will SHI boost or compete with SHIB in the Shiba Inu ecosystem?
Something unusual is happening with Shiba Inu (SHIB) as multiple metrics are skyrocketing today. Beginning with the burn rate, data from Shibburn shows that this metric has jumped by over 640% in 24 hours to 5,555,360 SHIB.
Official marketing lead at the Shiba Inu team, who goes by the pseudonym Lucie, has published a post with details of the SHI stablecoin whose concept was first introduced by the mysterious creator of SHIB Ryoshi.
Dogecoin price is at a crucial point with a potential breakout in the works. The crypto markets have been recovering steadily of late, and Dogecoin and Shiba Inu coin prices show the highest gains in the top 20, according to Coingecko.
The cryptocurrency market is steady right now, with Bitcoin holding strong at around $63,000. Market experts are predicting that October will kick off a big bull run. They believe that memecoins might be some of the hottest coins to watch, potentially offering huge returns.
Shiba Inu's larget native token has soared by 13% in the past 24 hours.
Shiba Inu marketing lead Lucie's recent comments on the SHI stablecoin have garnered noteworthy attention across the global crypto landscape. On Thursday, the marketing lead revealed how the stablecoin is a game-changer for Shibarium, staging as a developmental key for stability and utility for Layer 2.
The broader market sentiment stands neutral as the Bitcoin price struggles to sustain dominance above the $64,000 mark. The fear and greed index stands at 48, with the crypto market cap at $2.24 trillion. Despite the neutrality in the broader market, the bull run in the meme coins is gaining momentum.
Did you know, the Founder of Shiba Inu, with a pseudonym Ryoshi, had planned a stable coin in the Shiba ecosystem? The marketing lead of Shib shared exciting details about this stable coin in her recent X (formerly Twitter) post. The stable coin was introduced by the founder in 2021 and named it SHI.
Shiba Inu price scaled heavily by more than 300% during the Q1 trade, elevating the levels from $0.00000925 to as high as $0.00004 in just a couple of days. With the change in market dynamics, the SHIB price failed to hold the gains and, as a result, lost nearly 70% of them.
Shiba Inu (SHIB) is on the verge of a historic run, as investors have accumulated a significant amount of Shiba Inu tokens in recent days. However, the meme coin's fundamentals remain concerning as they paint a bearish picture for SHIB.
Bitcoin continues to face selling near $65,000, but the intensity seems to be reducing, paving the way for an upside breakout.
Shiba Inu has finally begun to exhibit indications of a possible bullish trend following a protracted period of consolidation and decline. Indicators of an asset's shift in momentum are frequently regarded as key indicators, and the token recently broke through its 50-day Exponential Moving Average.
Shiba Inu (SHIB) is on the verge of a substantial profit increase, with nearly half of its holders currently making money as the price steadies around $0.00001499. A breakthrough above the crucial $0.00001700 level could ignite a stronger rally, attracting more investors to the meme-based cryptocurrency.
Seasoned crypto trader switches focus from mainstream meme coins to AI crypto after a few badly-timed plays.
Few tokens have experienced the meteoric rise and fall as quickly as WYNN (CRYPTO: WYNN), a meme coin launched in January this year. Initially, WYNN surged to an all-time high (ATH) market cap of $85 million, driven in part by social media buzz and a reported indirect endorsement from artist Drake.
Shiba Inu, the famous meme-based cryptocurrency, has recently reached a new significant milestone, marking a turning point in its evolution. As market attention focuses on the developments of next-generation blockchains, Shibarium, Shiba Inu's layer 2 solution, continues to surprise with impressive results.
Most of the coins keep trading in the green zone, according to CoinMarketCap.
After seven months of correction, the Shiba Inu price has started to adopt a sideways trend above the $0.0000123 level. This consolidation trend sparks bottom-formation sentiment and reversal potential as Quarter 4 often drives a high momentum rally in the crypto market.