A successful retest above $0.000017 could propel Shiba Inu by 18% and take it toward the $0.000020 level.
Shiba Inu's Layer-2 scaling solution, Shibarium, is quickly approaching a significant milestone—reaching one billion transactions. This achievement highlights the continued growth of Shiba Inu's ecosystem and could have important implications for SHIB's price, potentially affecting both its adoption and demand.
Crypto traders have increased risky acquisitions in Toncoin following resilient price corrections. Generally, large investors utilize a crash in prices during the dip to purchase tokens, leading to a redistribution between retail and institutional investors.
As crypto faces declines, WallitIQ turns green, with predictions of a massive surge, attracting early investors. #partnercontent
According to the figures shared by the prominent blockchain tracker Shibburn, since last morning, one of the key metrics of the meme cryptocurrency SHIB has demonstrated a massive decline.
Shiba Inu (SHIB) has gained 2% in the past 24 hours, with technical indicators flashing a strong buy signal that could fuel further upside in the near term.Over the past week, SHIB has also posted a 2.6% gain, showing resilience despite broader market volatility. However, like most meme coins, SHIB remains down 23.4% year-to-date.
The recently released Consumer Price Index (CPI) summary shows that inflation has risen marginally, which led Bitcoin to move up in value by single digits. Altcoins, however, experienced more of an impact as BNB price pumped by more than 13% in the last 24 hours.
The price action of the Shiba Inu (SHIB) coin in recent days has been far from inspiring, or even reasonable. After a series of ups and downs, the price of the popular meme cryptocurrency is back where it was at the beginning of the week - at $0.0000162 per SHIB.
Shiba Inu (SHIB) Price has risen to $0.000016 as it achieved a minor price increase. Multiple market participants remain focused on meme coins including SHIB which has prompted them to evaluate the possibility of SHIB performing a substantial market uptrend.
Dogecoin (CRYPTO: DOGE) has notably outpaced Shiba Inu (CRYPTO: SHIB) over the past 12 months, kickstarting a debate on social media over what drives this performance. The apex meme coin has surged 218% over the past year, outpacing Shiba Inu's 73% gains.
For a good reason, crypto enthusiasts love meme currencies. With their rapid rallies, Pepe Coin (PEPE) and Shiba Inu (SHIB) have made news turning little investments into life-changing rewards. Though many tokens flourish on buzz and community support, they lack the foundations for sustained development.
The price of Toncoin (TON) has been falling as it approaches the bottom of the chart. Price analysis by Coinidol.com.
As on-chain data shows a sharp drop in whale transactions, Shiba Inu is still having difficulties. Nearing zero activity, the number of large SHIB transfers has fallen by 93%.
Shibarium, the Shiba Inu-owned layer-2 scaling solution on Ethereum, is on the verge of breaking a major transaction milestone. The protocol is just days from breaching the one billion transaction milestone, an outlook that marks a good omen for SHIB's price.
Airdrops have become a popular marketing tool in the cryptocurrency space, but they often introduce price instability. Notcoin, which launched last May, is a prime example.
OKX Ventures invests in Blum, an innovative trading app on Telegram, enhancing the TON ecosystem. Blum achieves significant milestones with 90 million users and a robust presence on DEXs.
Recent analysis reveals that the Shiba Inu price has formed a Falling Wedge pattern and is on the verge of breaking above it. Technical indicators suggest that SHIB could embark on a massive rally once this breakout occurs, as analysis predicts a price surge of over 250% in the coming months.
Shiba Inu has been stuck in a persistent downtrend, with recovery attempts consistently failing. The meme coin has struggled to break through key resistance levels, and investor sentiment remains lackluster due to ongoing losses.
Shiba Inu (SHIB) price appears poised for a rebound after consolidation and market decline. The memecoin has shown signs of recovery, gaining momentum alongside the broader cryptocurrency market.
Despite the optimistic factors, SHIB continues to underperform.
Shiba Inu (SHIB), the world's second-largest crypto meme coin, is poised for upside momentum as it has formed a bullish price action pattern after experiencing a notable price decline in recent days. This bullish trend in the meme coin follows a shift in sentiment from negative to positive.
Dog-themed cryptocurrency Shiba Inu (SHIB) has seen a drop in large holder netflows, plunging by 44,431% in the last seven days.
Toncoin (TON), which once saw significant hype leading to consistent new highs, has struggled to regain upward momentum. After a series of steady declines in the past week, the asset's price has now slipped below the $4 mark, leaving investors concerned about its near-term potential.
Not very much is happening these days on the cryptocurrency market as fear, greed, uncertainty and doubt took over and it seems that no concrete direction in which the prices on digital assets tend to lean is here yet.
The crypto market was down in the early Wednesday session, apparently in response to recent remarks by Federal Reserve Chair Jerome Powell. The majority of crypto assets, including Bitcoin, XRP and Shiba Inu, are posting losses on the day as Fed Chair Jerome Powell sparked caution across the markets with his recent statement.
Bitcoin and other altcoin prices traded lower on Wednesday after the U.S. released hotter-than-expected consumer inflation data. Bitcoin (BTC) fell by 3%, while other popular altcoins saw steeper declines.
Toncoin (TON) is currently trading at $3.80, which has raised discussions among investors and traders alike about whether this is an undervalued opportunity or merely a potential bull trap. With its price significantly down from recent highs, Toncoin is signaling a possible rebound.
Shiba Inu (SHIB) is back in the spotlight as its burn rate has surged by an impressive 390%. However, millions of SHIB tokens have been taken out of circulation, sparking excitement among investors.
Amid the ongoing market turmoil, the Toncoin price has continued to lose value this year. This indicates a strong bearish sentiment for the altcoin in the crypto space. Further, with consolidated price action, this altcoin has repeatedly failed to reclaim the $4 mark.
The total value of all cryptocurrencies in circulation hit an all-time high of $3.9 trillion in December, thanks mostly to solid gains in Bitcoin (BTC -2.01%), which makes up more than half of that value on its own.
Is SHIB sitting on a golden opportunity, or is this just another fleeting trend?
Prominent blockchain tracker Shibburn has revealed a staggering rise in the SHIB burn metric with millions of meme coins transferred out of circulation.
Shiba Inu is certainly struggling to recover properly as the asset's struggle on the market continues. At around $0.00001575, SHIB is clearly moving in a downtrend, forming lower high after lower high and not showing any upside momentum.
TON's price has dropped to $3.80 amid decreased trading volume and network activity, even as the protocol prepares for exclusive integration with Telegram's blockchain mini-apps on February 21, 2025.
Will bulls seize this window of opportunity, or will hesitation keep the breakout on hold?
TON integrates with LayerZero to enhance cross-chain liquidity, enabling seamless asset transfers, improved developer tools, and broader blockchain interoperability.
The Arbitrum One blockchain will provide the core infrastructure for USDT0, the new, interoperable Tether stablecoin. The blockchain will host the Legacy Mesh solution to connect USDT deployments on Arbitrum, Ethereum, Tron and Ton to a unified USDT0 network.
Shiba Inu has maintained a relatively bearish outlook in the digital currency ecosystem as most altcoins pared off their losses. Despite this, onchain signs of Shiba Inu whale return signal positive long-term prospects for the memecoin.
The price of Bitcoin has been fluctuating in a narrow range, failing to breach significant levels of support and resistance. As investors await a clear decision, the asset is presently mired between $106,000 and $92,000, indicating hesitancy.
The Open Network (TON) has recently announced its integration with the interoperability protocol LayerZero. This partnership is set to expand TON's capabilities for cross-chain asset transfers, aiming to connect the network with over 100 different blockchain networks.
Toncoin (TON), the cryptocurrency linked to the popular messaging app Telegram, has experienced a notable decline in value, dropping 28% over the past month. Currently priced at $3.89, this marks a historic low for the asset based on key risk metrics.
Shiba Inu (SHIB) price has been trading sideways over the past seven days but remains down 27% in the last 30 days, reflecting a broader period of weakness. Despite recent signs of recovery, momentum indicators like the RSI and BBTrend suggest that SHIB is still struggling to establish a clear direction.
Toncoin is approaching a key zone and it is the right time to learn about this layer-1 blockchain in detail for investors who are interested in this token.
TL;DR TON integrates with LayerZero to enable asset transfers across more than 100 blockchains, improving liquidity and access to assets from networks such as Ethereum and Solana. The collaboration opens new possibilities for decentralized applications, providing developers with tools to create interoperable and scalable cross-chain solutions.
Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) are attempting to stage a rally on Tuesday as Bitcoin hovers around $96,000. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin (CRYPTO: DOGE) $0.2548 $37.7 billion +0.5% -5.2% Shiba Inu (CRYPTO: SHIB) $0.00001582 $9.32 bilion -0.4% +0.2% Pepe (CRYPTO: PEPE) $0.059870 $4.15 billion +1.6% -4.1% Trader Notes: Crypto chart analyst Ali Martinez sees Dogecoin's path clear for a potential rally to $4.
While Shiba Inu holders appear to be making their exit amidst recent headwinds, the new ICO Meme Index ($MEMEX) is turning heads. The post Shiba Inu Holders Abandon Ship – This New ICO Is Gaining Massive Attention appeared first on Cryptonews.
Is it time to look beyond Dogecoin (DOGE) and Shiba Inu (SHIB)? One rising crypto, Lightchain AI, is set to outperform them, with analysts predicting it could turn $455 into $26,455 by year-end.