The Shiba Inu (SHIB -2.58%) cryptocurrency has seen big sell-offs in this week's trading. The popular meme coin was down 22.7% over the last seven days of trading as of 4 p.m.

Bonks community-backed 1 trillion token burn is sparking fresh momentum as the $0.11 price goal takes center stage. With a Christmas deadline and rapid market growth, Bonk is capturing the attention of crypto investors worldwide.

Shiba Inu (SHIB) whales have sparked a bullish resurgence, moving 12.16 trillion tokens in just 24 hours. This surge includes 520 large transactions exceeding $100,000, igniting optimism for SHIB to recover lost value and achieve new price highs.

Data shared by the prominent Shibburn wallet tracker reveals a massive jump in the SHIB burn rate over the last 24 hours. Millions of meme coins have been removed from the circulating supply.

The cryptocurrency market has shown resilience following a significant downturn, with Shiba Inu (CRYPTO: SHIB) leading the recovery. What Happened: A prominent market analyst predicts the dog-themed token could achieve a massive 235% rise, reaching a new yearly high of $0.00005816.

The cryptocurrency market has shown signs of recovery following a sharp downturn that saw Bitcoin lose over 10% of its value, dropping to approximately $93,000. The decline triggered selling pressure across altcoins, including Shiba Inu (SHIB), which revisited its major support level near $0.0000185.

The $0.00004 resistance zone identified on the daily chart had a sizeable concentration of liquidation levels around it.

Dog-themed cryptocurrency Shiba Inu (SHIB) rebounded sharply in Friday's trading session after four days of losses, bouncing off a key support level. Shiba Inu rebounded upon reaching $0.0000185, a level near the daily 200-day Simple Moving Average (SMA), as traders rushed to buy the dip.

In a recent recovery on Saturday, Solana-based BONK led the rally among dog-themed meme coins, as Bitcoin bounced back above $98,000 after a steep drop to around $93,000 on Friday. Memecoins Surge As per data from Coingecko, BONK surged 30%, while Dogecoin, Shiba Inu, Dogwifhat and Floki Inu surged as much as 20%.

Bonk has unveiled its bold plan to burn 1 trillion tokens as part of its ongoing “BURNmas campaign”, with its founders predicting a price target of $0.11. If the BONK token reaches this price, it would represent an incredible 328,000% gain from its current price.

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Shiba Inu (SHIB) is getting a major defining moment as whales within the ecosystem are currently pushing for new heights. Per data from the crypto analytics platform IntoTheBlock, SHIB whales have moved 12.16 trillion tokens in 24 hours, a figure that marks a 41% surge in 24 hours.

As of midday Dec. 19, the cryptocurrency industry sported a total market cap of more than $3.4 trillion. This puts the digital asset market's value near record territory.

Memecoins are known for their high volatility and tend to outperform major tokens during price rallies, serving as a leveraged bet

Is SHIB on the verge of a pivot after the latest bearish onslaught? We explore its latest performance and a deal that could sweeten the long term outlook.

Story Highlights The live price of the BONK token is BONK coin price may reach a high of $0.000085 by the end of 2024. BONK, with a potential surge, could reach a maximum of $0.0050 by the end of 2030.

After a 20% weekly drop, PEPE may be recovering. Will this trend last?

The Shiba Inu price has crashed below $0.000022, declining by more than 20% in just one week. This massive crash has left 43% of SHIB investors facing losses.

Shiba Inu is under pressure, with whales moving 2.75 trillion SHIB out of key wallets in just 24 hours. The tokens 23% price slump highlights the effects of increased volatility and bearish market sentiment.

Shiba Inu (SHIB) could be on the cusp of a major lift-off following a groundbreaking partnership with Chainlink (LINK), a leader in blockchain interoperability.

The crypto markets faced a massive sell-off that began ever since Bitcoin marked the highs at $108,000 a few days ago. However, the top memecoins, Dogecoin & Shiba Inu, had triggered much before the BTC price crash, which suggests the market participants have exited the memecoin space much before and entered the star token.

Bloomberg Senior ETF analyst Eric Balchunas showcased a PR pitch he received on mail, revealing the 20 best-performing meme coins of 2024. What Happened: Balchunas highlighted a list of the top-performing meme coins of 2024, compiled by Kryptocasinos.

Shiba Inu has taken a significant step forward by partnering with Chainlink to enhance cross-chain functionality and data integration across its ecosystem, according to a Dec. 19 statement. This collaboration introduces cutting-edge interoperability features and positions the Shiba Inu network for broader adoption.

"We're excited to enter a partnership with Shiba Inu and grow its ecosystem together," Chainlink's CBO said.

Shiba Inu has entered into a strategic partnership with Chainlink, according to a press release published in SHIB Magazine.

Pepe's (CRYPTO: PEPE) price slump has raised concerns, but its growing user base and positive long-term outlook suggest potential for future gains. What Happened: Lookonchain data reveals that a whale deposited 150 billion PEPE (worth $2.72 million) into Binance to cut losses amid the price drop.

Like other cryptos in the market, Shiba Inu's (SHIB) price experienced a double-digit decline in the last 24 hours. This price decrease could be linked to the rising dominance of SHIB bears, as bulls appear to have taken a backseat.

Although Shiba Inu and Dogecoin have been capturing headlines for some years, a new contender, PropiChain, is positioning itself as the future of blockchain innovation. Industry analysts predict that PropiChain could soar by 65,000% by January 2025, leaving meme coins like Dogecoin and Shiba Inu in the dust. This surge isn't just speculation.

The Shiba Inu price has plummeted by 20% today, with the meme token dropping to $0.00001927 amid whale dumps and a general market selloff. The post Shiba Inu Price Crashes as $6M Whale Sell-Off Sparks Chaos – Buy the Dip or More Selling to Come? appeared first on Cryptonews.

According to data from IntoTheBlock, Shiba Inu (SHIB) has seen a staggering 2.75 trillion SHIB recorded in large holder outflows alone in the past day. This movement is part of an even larger trend, with the total large transaction volume for SHIB hitting 6.37 trillion SHIB in the past 24 hours.

The crypto market is facing significant this week and the price of meme coins like Floki and Bonk are falling sharply today following a dire outlook from the Federal Reserve regarding inflation and the pace at which they plan to cut rates next year.

Chainlink has formed a strategic partnership with the Shiba Inu memecoin ecosystem.

Shibarium, Shiba Inu's Layer-2 blockchain network, has partnered with Chainlink to bring cross-chain interoperability and advanced data integration to its growing decentralized ecosystem.

The Shiba Inu meme coin has grown to a vibrant Web3 ecosystem through the Shibarium layer two scaling solution, which has over $3.4 million in TVL.

Prominent cryptocurrency and stock trading platform Robinhood continued to expand its meme coin offering with the listing of Bonk. According to a Dec. 20 announcement, the Solana-based meme coin will now be accessible to over 24 million Robinhood users.

Shiba Inu has suffered a significant setback, losing almost 20% of its value in a few trading sessions. The price has fallen through important support levels such as the 50 EMA and is currently trading at about $0.00002214, having touched the 100 EMA.

Dogecoin, Shiba Inu, and Pepe tumble as memecoins face bearish setups, signaling more downside ahead.

A crypto whale dumped 150 billion PEPE worth $2.72 million onto Binance at a loss of $219,000.

With a recent 9% decline, Shiba Inu broke through the crucial 50 EMA level and made contact with the 100 EMA, another important support level. The asset is in a risky position going forward as a result of this loss of support, which emphasizes how flimsy SHIB's recent rally was.

The cryptocurrency market is seeing a day of big sell-offs in Thursday's trading. Bitcoin's token price was down 4.8% over the previous 24 hours of trading as of 4 p.m.

A significant Shiba Inu (SHIB) transfer has caught the attention of traders today, December 19, as an early and highly profitable SHIB whale moved nearly 400 billion tokens. On-chain analysis service Spot On Chain (@spotonchain) highlighted that this well-known early buyer deposited 399.99B SHIB (worth $9.69 million) to Gemini, building on a history of substantial gains after initially acquiring 15.2 trillion SHIB in August 2020 for a mere 10 ETH.

Some of crypto's best meme coins have been rocked by a sharp downturn, with tokens like Pepe, Bonk, and Floki suffering catastrophic losses. Hailed as the tokenized epitome of internet culture and speculative euphoria, holders of these tokens now wonder if there is much future in them.

Meme coins have turned small investments into millions, showcasing their explosive potential but also high risks.

Shibarium aids Shiba Inu's ecosystem with token burns, but SHIB's price continues to struggle.

A Pepe (PEPE) whale has shocked the broader cryptocurrency community with its market activity. Lookonchain, an on-chain analytics platform, noticed and shared the transaction in a post on X.

The crypto market felt the aftershock of the latest 25 bps cut and the Fed's hawkish comments on Bitcoin hurt Bitcoin price and the other altcoins within the market. Seems that the downtrend triggered large whale sell-offs, commonly referred to as whales, in the hope to profit from previous gains.

Pepecoin, the OG green frog meme coin, had a rough week. $PEPE is down nearly 21% over the past seven days as the euphoria of Bitcoin's surge above $100K wears off slightly.