Dog-themed meme coin Shiba Inu (SHIB), has seen its Open Interest soar amid the ongoing rebound on the cryptocurrency market. According to CoinGlass data, 18.64 trillion SHIB worth $399.79 million in outstanding derivatives contracts were opened in the last 24 hours.

As became known thanks to data from IntoTheBlock, the amount of Shiba Inu (SHIB) tokens outflowing from the wallets of large holders in the past 24 hours skyrocketed by a staggering 475%.

Shiba Inu burn rate has surged significantly in the last 24 hours. Over 21 million SHIB tokens have been burned in the last 24 hours, bringing down the circulating supply to create scarcity and mark upticks in price.

Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) are gaining momentum, trading significantly up on Tuesday morning. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin (CRYPTO: DOGE) $0.3475 $51.3 billion +9.7% -10.1% Shiba Inu (CRYPTO: SHIB) $0.00002133 $12.6 billion +6% -10.1% Pepe (CRYPTO: PEPE) $0.00001721 $7.2 billion +6.6% -15.4% Trader Notes: Crypto trader Kevin highlighted that Dogecoin's price action remains strong as long as it holds above $0.26 within its bullish falling channel.

Shiba Inu (SHIB) currently trades at $0.00002148, reflecting a 5.07% rise in the past 24 hours, lifting its market capitalization to $12.65 billion.

Public burn tracker Shibburn has revealed that another large SHIB stash has been transferred to a “virtual furnace” over the past day. The burn rate, respectively, has shown a four-digit rise.

Shiba Inu price remains steady this week, reflecting the broader crypto market trend. The SHIB is trading above $0.00002, exhibiting sideways movement.

Shiba Inu has reversed its trajectory above the 200 EMA at $0.00002082, avoiding a critical breakdown. SHIB has proven resilient after testing this crucial support level and enduring a bearish wave, which is much-needed relief for its investors.

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Here's why SHIB could escape the bearish territory soon.

The price of leading meme coin Shiba Inu has fallen by more than 10% over the past week. On-chain data suggests that this double-digit price decline has made the meme asset undervalued, presenting a buying opportunity for investors looking to trade against the market.

Dog-themed cryptocurrency Shiba Inu (SHIB) has dropped to the psychological $0.00002 level amid an ongoing crypto market sell-off, stoking questions about what might happen next for the cryptocurrency.

Shiba Inu (SHIB) is showing signs of a potential price reversal after weeks of decline, with key market indicators pointing toward a possible surge. Despite recent losses, including a sharp 12.31% dip in one week and a 26.72% decline over the month, Shiba Inu is starting to exhibit early signs of recovery.

Due to its inability to sustain important support levels, Shiba Inu is on the verge of entering a bearish phase. SHIB is currently trading at $0.00002025, below its 200 EMA, which has historically served as a strong support level.

The month of January is nearly halfway through, and the crypto market has had a subdued start to 2025. With Bitcoin struggling to break past the $95,000 mark, altcoins have faced challenges in recovering or posting significant rallies.

Cryptocurrency prices have brought little to no joy in recent days, and the popular meme coin Shiba Inu (SHIB) is no exception. Losing nearly 20% since its January high of $0.000025 is painful to say the least, but as the price chart and the formations on it for SHIB show, this could be just the beginning of misfortune for the popular meme cryptocurrency.

After much waiting, the Treat Token's listing date is just around the corner, building investor enthusiasm. This token is said to play a significant role in the Shiba Inu's ecosystem and will primarily work towards rewarding the use of their contribution to the same.

The cryptocurrency market continues experiencing a bearish action with top tokens losing significant valuation in their respective portfolios. Reportedly, top cryptocurrencies are constantly failing to hold their value above their important support levels, highlighting rising uncertainty in future price action. With the market turning unpredictable, investors are closely watching their portfolios with various doubts.

Shiba Inu (SHIB) heeft vandaag te maken met extra weerstand, terwijl er niet genoeg kopers zijn om de druk op te vangen. De bekende meme crypto is vandaag met 4,5% gedaald naar $0,00002060 en dreigt deze middag nog verder te zakken.

Shiba Inu's ($SHIB) developer, Shytoshi Kusama has introduced the ‘WHY Combinator', a decentralized technology stack that helps projects within the meme coin sector answer one simple question.

Shiba Inu's lead developer, announced that they have launched a WHY Combinator, a decentralized, robust, and comprehensive technology stack programmed.

Shytoshi Kusama, the mysterious personality associated with the Shiba Inu (CRYPTO: SHIB) ecosystem, explained the utility and significance of the soon-to-be-launched TREAT token. What happened: In a Saturday blog post, Kusama said TREAT stands for “Transactional Rewards for Engagement & Access Token,” placing it at the center of the so-called technology stack, the 36 Chambers of Tech.

Finally, XRP has breached a crucial descending trendline resistance level, suggesting that a major bullish rally may be about to begin. After weeks of consolidation within a narrowing range, traders have a clear indication that momentum may be turning upward with this breakout.

Shiba Inu's lead developer, Shytoshi Kusama, has announced the launch of the WHY Combinator, a decentralized program aimed at fostering growth and innovation within the meme coin ecosystem.

Shiba Inu's lead developer, Shytoshi Kusama, has praised the success of Shibarium, the layer-2 blockchain network powering the Shiba Inu ecosystem.

The Shiba Inu (CRYPTO: SHIB) community has witnessed a 300% surge in token burns within the last 24 hours. However, the SHIB Army, a group of SHIB enthusiasts, is advocating for even more substantial burns.

$0.00002117 and $0.00002312 levels were the nearby high leverage liquidation clusters for the memecoin.

Shiba Inu price experienced a 3% pullback on January 12 as buyers remained hesitant. With market demand flat-lining, can SHIB rebound above $0.000025?

On the daily chart, Shiba Inu seems to be forming a head-and-shoulders pattern, which is a bearish reversal indicator that frequently indicates possible downside in the future. There are three peaks in this formation with the middle peak (the head) being higher than the two side peaks (the shoulders) and a neckline serving as a level of support.

Neither buyers nor sellers are dominating at the end of the week, according to CoinStats.

Wondering where SHIB is headed? Find out if its price is likely to rise or fall in the next 30 days!

Meme coins Dogecoin and Shiba Inu have dominated bullish predictions from crypto analysts in recent weeks, with many analysts predicting new all-time highs, especially for Dogecoin. However, according to technical analysis by crypto analyst Bluntz (@Bluntz_Capital), another meme coin is on track for a substantial 115% rally in the next couple of months.

SHIB could experience a significant price rebound as market participants adjust their strategies.

According to a recent tweet published by the popular meme coin wallet tracker Shibburn, over the past 24 hours, the SHIB community has transferred an impressive amount of canine-themed coins to dead-end wallets.

Over the past month, Bitcoin (BTC) has posted significant gains, with traders eyeing a break above $100,000 before the end of the year. These gains have boded well for a majority of altcoins.

Shiba Inu's lead developer, Shytoshi Kusama, has outlined an ambitious vision for the SHIB ecosystem. This revelation comes just days before the highly anticipated launch of the TREAT token, set to debut in less than five days.

Dog-themed cryptocurrency Shiba Inu (SHIB) is treading near a critical price zone amid the current market uncertainty. The crypto market saw a significant sell-off during the week, with millions of dollars wiped out in crypto liquidations.

Investors in the meme coins Shiba Inu (SHIB) and Dogecoin (DOGE) may face a rough ride ahead as both cryptocurrencies show signs of significant price corrections. Shiba Inu recently dropped by 10% in the past week, while Dogecoin saw a 14% drop in the same period.

The Shiba Inu community has burned a significant number of SHIB tokens in the last 7 days. The objective is to bring down the circulating supply to create scarcity and spike SHIB prices by leveraging the concept of demand supply.

Shiba Inu price found support at the $0.000020 level on January 11 after the crypto market triggered a sharp 15% correction during the week. On-chain data shows large investors strategically buying the dip.

A double-bottom reversal of a bullish chart pattern that might result in a significant price rebound is what Shiba Inu is indicating is possible. SHIB's price is testing important levels close to the 200 EMA, a crucial long-term support at its current price of $0.00002164, which supports the idea of a potential recovery.

The post-election rally sparked by Donald Trump's November 5 US presidential victory has significantly cooled, leading the broader market into a consolidation phase since early 2025.

The post-election rally sparked by Donald Trump's November 5 US presidential victory has significantly cooled, leading the broader market into a consolidation phase since early 2025.

The trading pair available to the platform's users from January 14 is TREAT/USDT.

De Shiba Inu koers bevindt zich op een cruciaal moment na een recente prijsdaling naar $0,000021. Technische indicatoren zoals de Bollinger Bands en de 200 Exponential Moving Average (EMA) wijzen op een mogelijk herstel, terwijl on-chain data verhoogde whale-activiteit laten zien.

The crypto market saw another eventful week with significant predictions and warnings for 2025. Arthur Hayes outlined the market's trajectory for Q1 2025, while Robert Kiyosaki warned of a looming Bitcoin crash.

A widely followed cryptocurrency analyst believes one Dogecoin (DOGE) and Shiba Inu (SHIB) competitor is gearing up for a huge upside burst. The analyst pseudonymously known as Bluntz tells his 307,800 followers on the social media platform X that FLOKI (FLOKI) is primed to go up by at least 114% from its current level.