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.

A solid recovery in Bitcoin price is a hint that bulls have not given up on BTC and altcoins as they continue to buy dips below key support levels.

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

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.

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

Chainlink (LINK) experiences a 15% price correction in December, yet analysts maintain bullish predictions for early 2025, supported by technical indicators and positive market fundamentals.

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.

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.

Chainlink (LINK), a leading decentralized oracle network, is making waves in the cryptocurrency market. The digital asset is currently testing a critical resistance level around $24–$25, a range that has been tough to surpass in the past.

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

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.

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.

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.

Dogecoin and Shiba Inu prices have significantly crashed in the last 24 hours. This is partly due to Jerome Powell's speech, which painted a bearish picture for crypto assets despite the announcement of a 25 basis point (bps) rate cut.

‘Dogecoin Killer' Shiba Inu (CRYPTO: SHIB) is expected to see a major rally despite its current stagnation. What Happened: Lookonchain data highlights an early SHIB whale who recently sold 250 billion SHIB (worth $6.05 million) for profit.

The crypto market has turned red, according to CoinStats.

The crypto market experienced a significant downtrend recently, as the Bitcoin price fell below $100,000. Although BTC has recovered from that dip, the impact of the downfall is still visible in the remaining cryptos.

Shiba Inu ($SHIB) and the family of large-cap doge-themed meme coins have taken some heavy losses over the last 24 hours and over the last week as Web3 investors throw their money into smaller projects, banking on some festive upside. Shiba Inu fell 6.9% overnight and 17.

The Shibburn data tracking platform has revealed that the SHIB community has succeeded in removing SHIB meme coins from circulation. However, there is nuance with this massive burn that does not make it look that good.

Shiba Inu investors panicked after whales dumped $6 million worth of SHIB, leading to widespread selloffs and liquidations. Analysts now highlight key resistance levels and on-chain activity pointing toward a potential price recovery.

Whale activity raises questions as Chainlink tests critical resistance levels near $25.

A major Shiba Inu whale's sale of 250 billion tokens worth $6.05 million triggered a 22% weekly price decline to $0.0000241, while maintaining strong community support and technical possibilities for recovery.

According to the analytics X account @Spotonchain, earlier today, two staggering amounts of Shiba Inu meme coins were sold.

There was a notable sell-off in the last hour as a Shiba Inu whale recently liquidated 250 billion SHIB worth $6.05 million. With a mere $3,800, this whale made its first foray into the SHIB market on Aug. 6, 2020, purchasing an incredible 15.28 trillion SHIB, which reached its peak value of $1.22 billion.

Shiba Inu price fell more than 10% today and 22% in a week, with some early SHIB whales booking profits in meme coins including Shiba Inu coin. As CoinGape warned last week, the price fell to $0.000024 level.

Shiba Inu (SHIB) is proving it's more than just a meme coin, turning heads with an impressive 153.3% price increase over the past year. Recently a savvy Shiba Inu whale has reportedly sold 250 billion SHIB tokens worth $6.05 million in the past few hours, reflecting an overall profit of $109 million.

Shibarium Trustwatch sounded the alarm again: here's the latest threat for SHIB users.

Chainlink (LINK) has been making headlines after a major whale withdrew a significant amount of tokens from Binance. In the past 24 hours, a whale withdrew 100,000 LINK tokens, valued at $2.95 million, and over the last three days, this same whale removed a total of 529,999 LINK tokens worth $15.5 million.

The Shiba Inu (SHIB) price dumped around 7% on Wednesday as meme coins took a beating in wake of a hawkish Fed policy announcement that dented sentiment across financial markets. The post Shiba Inu Price Dumps 7% After Fed Announcement – Meme Coin Market Crash Incoming? appeared first on Cryptonews.

Chainlink (LINK) price recently reached its highest levels in three years, reflecting an impressive 87% gain over the past 30 days. However, LINK has pulled back nearly 5% in the last 24 hours, signaling potential short-term weakness.

Pudgy Penguins (CRYPTO: PENGU) newly launched token has found its way into established media, coinciding with a rally on Wednesday. What Happened: In a FOX Business interview on Tuesday, Robinhood CEO Vlad Tenev expressed skepticism about meme coins, calling them “distractions.

Shiba Inu (SHIB) has seen intense bearish pressure as its price slips below the critical $0.00002631 level. This downward move reflects growing market challenges, with SHIB struggling to maintain its position above the 100-day Simple Moving Average (SMA).

Despite a 13% drop, Chainlink attracts crypto investors. Imminent rebound or just a bet?

Here's why SHIB may chart additional price decline in the near future.

Bitcoin's pullback after hitting a new all-time high above $108,000 has started a correction in select altcoins, signaling profit booking by the bulls.

Shiba Inu (CRYPTO: SHIB) continues to attract attention as its burn mechanism drives supply reduction, sparking optimism among traders despite subdued broader market activity. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Shiba Inu (CRYPTO: SHIB) $0.00002566 $15.12 billion -3.1% -11.5% Dogecoin (CRYPTO: DOGE) $0.3849 $56.7 billion -3.1% -7.9% Pepe (CRYPTO: PEPE) $0.00002144 $9 billion -5.6% -14.6% Trader Notes: Crypto trader InvestingHaven outlined their 2025 price forecast for SHIB, suggesting a potential high of $0.0000998 and a low of $0.0000234.