Data shared by the prominent Shibburn tracker in a recent tweet shows that the burn rate metric has surged enormously, stunning the SHIB community with a six-digit increase.
Amid the ongoing bearish market sentiment, Shiba Inu (SHIB), the popular and world's second-largest meme coin, is gaining immense attention from whales and long-term holders.
In the world of meme coins, Pepe Coin and Shiba Inu are two prominent names and are often considered competitors. Due to PEPE's sudden popularity and exponential growth in 2024, it was seen as one of the most promising cryptos, but SHIB's dominance was the best after Dogecoin and could not be shaken.
Dog-themed cryptocurrency Shiba Inu (SHIB) has seen a staggering 2025% surge in large holder inflows, signaling renewed interest from large holders, referred to as whales. This sudden spike has sparked speculation about what might be going on and what it means for SHIB's next move.
According to IntoTheBlock data, 84.94% of Shiba Inu (SHIB) addresses are "out of the money," meaning the current price is lower than their average purchase price.
A recent tweet published by the Shibarium Updates account spread the word about the layer-2 solution Shibarium approaching two important milestones regarding the total number of transactions on the network and the total amount of wallets linked to Shibarium.
Shiba Inu (SHIB), which started as a meme coin, has now become one of the most popular cryptocurrencies among investors. Right now, SHIB is trading at $0.0000127, holding strong above $0.0000125.
Over the past week, the Shiba Inu price has faced strong volatility, however, it has managed to hold above the $0.0000125 support levels. Furthermore, large volume transactions for SHIB and rising burn rate can serve as an additional catalyst for the same.
Shiba Inu (SHIB) is currently trading within a descending triangle pattern, a setup that often signals an impending breakout and increased volatility. The memecoin has been squeezed into a narrowing range, posting lower highs while maintaining support near $0.0000125.
Due to significant resistance and declining technical indicators, Dogecoin is currently at a pivotal point in its history. A crucial resistance level that could determine DOGE's next market move is difficult for the price to overcome.
Shiba Inu (SHIB), the popular meme coin, has been struggling to break out of a downtrend that has persisted for the past three months.
A rare bullish pattern forms on Shiba Inu's 4-hour charts, but beware of two incoming sell walls.
Shiba Inu (SHIB) has underperformed the wider cryptocurrency market since the start of the year. However, a recent development concerning the token's exchange reserves could herald the beginning of a move to the upside.
Shiba Inu (SHIB), a dog-themed meme coin, has battled bearish pressure in the last 30 days. Despite delays in experiencing a breakout, a significant 123.27 trillion SHIB are in profit.
A chart shared by on-chain data aggregator IntoTheBlock has revealed that the “digital silver” coin, LTC, which was created two years after Bitcoin, in 2011, is still popular with long-term investors.
Shiba Inu (SHIB) whales seem to be making a strong comeback, with large holder netflows up a staggering 1,448%.
Cryptocurrency trader and analyst Ali Martinez is leaning bearish on the memecoin FLOKI (FLOKI). Martinez tells his 133,600 followers on the social media platform X that FLOKI has formed a flag pattern on the three-hour time frame.
Dog-themed cryptocurrency Shiba Inu (SHIB) has seen its burn rate skyrocket by 495% in the last 24 hours, with 14,052,230 SHIB burned over this time frame, per a Shibburn X report.
There is a substantial resistance cluster for Shiba Inu at the $0.000013 price level, where investors hold 551 trillion SHIB at a loss. This extreme concentration of supply raises the possibility that many addresses are trying to break even or turn a profit at this point, which could lead to a price reversal.
In an astounding development, Shiba Inu's burn rate has skyrocketed by nearly 500% over the last 24 hours. This has sparked widespread optimism, with analysts reinforcing their prediction that the Shiba Inu price will hit the coveted $0.01 target.
The ecosystem of a popular meme coin has attained two major milestones, showing the continued interest in the token that could lead to a bullish scenario. Analysts reported that Shiba Inu recently reached 1.5 million holders while its Shibarium recorded 10 million blocks, an indicator that the SHIB ecosystem could attract new users.
The pseudonymous marketing lead of the SHIB team, known to the community as Lucie, has published a brief but important guidance on how to increase the security of holding your crypto to a maximum.
Dogecoin and Shiba Inu prices are in the green today, providing a bullish outlook for the foremost meme coins. This price surge is due to several developments, including the US Federal Reserve hinting at easing monetary policies soon enough.
Does on-chain data reveal whether this signals accumulation or further selling pressure?
Bears are coming back to the game, according to CoinStats data.
Dog-themed cryptocurrency Shiba Inu (SHIB) is eyeing a push toward $0.000014, but a 236 billion SHIB supply could determine its next major move. According to IntoTheBlock data, 236.46 billion SHIB are currently being held at $0.000014 by 3,780 addresses.
Popular meme coin Fartcoin (CRYPTO: FARTCOIN) is rebounding, leading to renewed optimism among traders for a sustained meme coin rally. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Fartcoin (CRYPTO: FARTCOIN) $0.3912 $391.3 million +13.4% +43.3 Dogecoin (CRYPTO: DOGE) $0.1739 $25.8 billion +0.9% +3.1% Shiba Inu (CRYPTO: SHIB) $0.00001294 $7.6 billion +1% +6.7% Trader Notes: Crypto trader Unipcs indicated he is up seven figures on his Fartcoin long.
As became known thanks to the transparency of blockchain and cryptocurrency, a large Ethereum whale has acquired billions of Shiba Inu (SHIB), the popular meme-inspired cryptocurrency.
The number of transactions on Shiba Inu has recently increased significantly, hitting an incredible 3.4 trillion SHIB in a single day. This abrupt spike in on-chain activity has sparked conjecture regarding the well-known meme coin's possible resurgence.
Shiba Inu (SHIB) has managed to maintain stability around $0.00001287, even as market uncertainty lingers. Whale activity is rising, sparking fresh interest in the meme-inspired cryptocurrency.
The entire crypto market cap (excluding BTC) is up around 14% since a potential bottom was hit last week. Memecoins have also taken part in this recovery.
Shiba Inu and Dogecoin are battling for dominance in the meme coin space, but which one has the potential to deliver 1000x gains in the next 60 days?
Data provided by the Shibburn blockchain tracker has revealed that the burn rate has logged an impressive rise of 857% with more than half a billion meme coins locked in dead-end wallets.
Data provided by the Shibburn blockchain tracker has revealed that the burn rate has logged an impressive rise of 857%, with more than half a billion meme coins locked in dead-end wallets.
Everyone's second favourite memecoin is in an interesting position on the charts.
Shiba Inu price is still under bearish pressure after falling by 85% from its all-time highs. However, the SHIB community is still optimistic that the meme coin could hit 1 cent or $0.01 before the end of 2025.
With the Securities and Exchange Commission (SEC) renouncing its appeal against Ripple, the San Francisco-based blockchain start-up has won handily. After making the announcement, XRP quickly surged and overcame significant resistance levels.
Meme coins have found a special place in cryptocurrencies' large and ever-changing realm, inspiring investors. Shiba Inu (SHIB) and Pepe Coin (PEPE) have become well-known challengers with unique communities and stories. As of March 8, 2025, investors are closely weighing which digital assets present a more attractive investment possibility.
Crypto analyst The Cryptagon has provided a bullish outlook for the Shiba Inu price. The analyst revealed that the meme coin is ready to bounce off an ascending triangle, which could send its price to its current all-time high (ATH) and possibly surpass it.
Shiba Inu just hit 1.5 million on-chain holders, while the 7-day SHIB burn rate is sizzling 10% gains since last week.
The meme coin market is slowly bottoming, with top meme coins showing the best returns for traders. What Happened: According to on-chain analytics from Into The Block, the meme coin market cap has returned to Q3 2024 levels, which were the lowest since early 2024 levels.
LUCIE, Shiba Inu's lead marketing strategist, has contacted Elon Musk to highlight the ecosystem's transformation over the past four years.
Shiba Inu (SHIB) has gone up by 2.6% in the past 24 hours to stand at $0.00001281 as meme coins keep recovering from last week's sell-off.
Meme coins are making waves again, with Pepe (CRYPTO: PEPE), Fartcoin (CRYPTO: FARTCOIN), and Bonk (CRYPTO: BONK) surging in value over the past week. Despite uncertainty in broader markets, these coins have defied the trend, attracting increased trading volume and investor interest.
Shiba Inu (SHIB), the prominent Ethereum-based memecoin, is facing market volatility on Wednesday, March 19, 2025. Amid broader cryptocurrency uncertainty, traders are monitoring several critical indicators including institutional investor movements, token destruction rates, and key price thresholds.
Shiba Inu (SHIB) might be one of the most recognizable meme coins — but it has been largely overshadowed in recent months. En masse, traders have turned either to Dogecoin (DOGE) the original meme coin, or other new projects emerging on the Solana (SOL) blockchain.
Data shared by prominent blockchain tracker Etherscan has revealed that over the past few hours, almost 30 billion Shiba Inu meme coins have been transferred, including transactions between anonymous cryptocurrency wallets.