Shibburn token tracker, which monitors SHIB burn transactions, has shared that this major metric of the second largest meme cryptocurrency Shiba Inu has been showing negative readings both on the daily time frame and over the last week in total.

Savvy DeFi traders are eyeing Cutoshi, a new memecoin in presale, attracting attention from Shiba Inu and Toncoin investors. #sponsoredcontent

Dogecoin (DOGE), a major meme coin, is witnessing a notable upswing in its market value following a slight recovery across the cryptocurrency landscape. Analysts have observed a consistent upward trend for Dogecoin, suggesting potential gains.

Amid ongoing price reversal, the top meme coin Dogecoin (DOGE) is poised for a significant upside rally as transactions from whales and institutions skyrocket. On October 5, 2024, a prominent crypto expert made a post on X (Previously Twitter) that the number of large Dogecoin transactions on the network continues to rise.

On-chain data shows the Dogecoin whales have gone on a significant buying spree in the past day, a sign that could be bullish for DOGE's price. Dogecoin Whales Have Purchased Big Over The Last 24 Hours As pointed out by analyst Ali Martinez in a new post on X, the DOGE whales have been participating in net buying recently.

Dallas Mavericks minority owner Mark Cuban has teased a plan floated by Donald Trump to pay off U.S.

The markets appear to be recovering from the recent bearish action, while the memecoins have been gaining significant strength. While the newly launched memecoins like DOG, POPCAT, MEW, etc. have been surging with huge margins. Besides, the popular ones like Dogecoin, PEPE, BONK, FLOKI, & Shiba Inu are trying to validate a bullish reversal.

The Dogecoin price suffered a notable crash along with the rest of the market after the Bitcoin price dropped to $60,000. This was brought about by the rising tensions in the Middle East as the fear of war wages on.

Billy Markus, who teamed up with Jackson Palmer to create the original meme-themed cryptocurrency Dogecoin in 2013, took to his account on the X social media platform (formerly popular as Twitter) to share his expectations on the HBO movie that is coming out next week, promising to reveal the true identity of the mysterious Bitcoin creator Satoshi Nakamoto.

Shiba Inu has experienced a massive 24.75% spike in trading volume over the past 24 hours, with $499.29 million.

Based on the mean coin age metric, long-term holders decided to start distribution in August.

Shiba Inu burn rate has soared more than 1000% today, sparking discussion over a potential rally in the SHIB price. Notably, this comes amid a surge of nearly 6% in the meme coin's price, which has sparked discussions in the crypto market.

Dogecoin is testing a crucial level after a 22% decline, bringing the price down to the $0.10 mark. This key area has become a turning point for the popular meme coin, potentially sparking a new rally or leading to further correction.

Billionaire investor and Shark Tank star, Mark Cuban recently declared that all meme coins are rug pulls in a podcast. However, this statement contradicts his well-known support and love for Dogecoin (DOGE), the first-ever meme coin and one of the most popular cryptocurrencies in the market.

After testing the crucial 100 EMA support level, Shiba Inu has demonstrated a robust price recovery. Bulls are still actively defending important price thresholds, as indicated by this bounce, and the next 48 hours may be very important in determining the short-term trajectory of SHIB.

Dogecoin shows bullish potential for Q4 with historical patterns and market sentiment.

Since Wednesday, crypto whales have purchased about 1 billion Dogecoin (DOGE), suggesting that these investors could save the meme coin from a poor start to a historically bullish October. On Sunday, Dogecoin's price was $0.13, but today, it is down to $0.10.

Dogecoin whales were buying, but will it be enough for the memecoin?

Despite being in a downward trend all week, Floki (FLOKI) remains significantly bullish, according to a crypto analyst. Basing his analysis on similarities between past price movements, the analyst has outlined a master plan for Floki, predicting that the popular meme coin and Shiba Inu competitor is set for a 2,000% surge.

The Shiba Inu burn tracking website Shibburn recently revealed how many SHIB tokens were burned in September. The burn rate witnessed an impressive surge compared to the number of tokens burned the previous month.

The cryptocurrency market is once again buzzing with speculation, particularly around Shiba Inu (SHIB). The popular digital asset has reached a critical support level, raising concerns that it could soon add another zero to its current price.

Cryptocurrency markets are trading higher on positive labor market data. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $62,356.18 +2.7% Ethereum (CRYPTO: ETH) $2,432.81 +3.8% Solana (CRYPTO: SOL) $143.92 +5.7% Dogecoin (CRYPTO: DOGE) $0.1094 +5% Shiba Inu (CRYPTO: SHIB) $0.00001751 +10.2% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 10.9%.

Shiba Inu's (CRYPTO: SHIB) sudden spike in prices thanks to positive macro data has traders hoping for more upside in Q4. What Happened: Shiba Inu is up 10% to $0.0000175 on Friday, outperforming its rival DOGE, which is up 5%.

Here's why SHIB's resurgence could continue in the short term.

If Bitcoin sustains its rebound above $60,000, investor sentiment is likely to improve and attract buyers to altcoins.

Solana (CRYPTO: SOL) meme coin Popcat (CRYPTO: POPCAT) is showing strength, prompting traders to predict more outperformance in the near term. What Happened: Crypto trader Altcoin Sherpa shared his forecast for Popcat, suggesting that the meme coin could witness a significant uptick in value within a week, or even just a few days.

New economic data came out today and the rise in oil prices slowed.

The mysterious Shiba Inu leader famous in the community under the pen name Shytoshi Kusama has surprised the SHIB army by adding radical changes to his bio section on the X platform, which has remained unfilled most of the time until now.

An unknown on-chain anomaly has hit Shibarium, a layer-2 blockchain rollup designed for the ecosystem around the popular meme-inspired Shiba Inu (SHIB) cryptocurrency.

According to recent on-chain data, whale activity has been declining for Shiba Inu. Whales have transacted $26.6 trillion worth of SHIB tokens in the last day, indicating a gradual decline in the market power of these significant holders.

Dogecoin's (CRYPTO: DOGE) erratic performance is puzzling traders but fresh demand from small businesses may increase the appeal of the apex meme coin. What Happened: Dogecoin is down 13% over the past seven days and has painted a bearish chart pattern, according to trader Kevin.

Shiba Inu (SHIB) has recorded an appreciable price surge following its poor start to the month. According to data, SHIB's price at the time of writing stood at $0.00001695, with a 5.78% uptick in the past 24 hours.

Although ‘Uptober' has yet to fulfill its promise for the majority of assets in the cryptocurrency market, it seems to have already started for Shiba Inu (SHIB), as evident in its rally that has seen it over 10% in just 24 hours, making it the second-best daily performer.

Bitcoin and other altcoins held steady after the Bureau of Labor Statistics published encouraging September nonfarm payrolls data. US nonfarm payrolls rebound Bitcoin (BTC) rose slightly to $62,500 while Solana (SOL) jumped by 3% to $140.

The cryptocurrency market is volatile, and two of the biggest altcoins–Dogecoin (DOGE) and Ripple (XRP)–have experienced significant dips recently. However, both coins show signs of recovery, attracting investor interest. Amid these developments, attention is shifting to DTX Exchange (DTX), a decentralized finance (DeFi) coin dominating the market with massive growth potential.

Dogecoin has experienced a sharp decline over the past week declining by 11.42%. Analysts argue DOGE must reclaim $0.11 to avoid mass sell-offs.

This week, we examine Ethereum, Ripple, Cardano, Shiba Inu, and Dogecoin in greater detail. Ethereum (ETH) Ethereum had a difficult week and closed with a 10% loss.

Shiba Inu (SHIB) has faced a rough week, dropping 13% in value. Despite the decline, a group of whales has shown confidence in the leading meme coin, steadily increasing their holdings over the past few weeks.

The Shiba Inu meme cryptocurrency nabbed significant investor attention on Friday, fluctuating considerably after a 14% crash over the past week. Notably, the coin stretched its intraday gains to 5% recently despite the weekly charts showing a fall.

Dogecoin whales have accumulated over 1 billion DOGE in the past 24 hours, signaling a potential rally in the cryptocurrency market. Market analysts identified this development, which marks one of the largest buy-ups in recent months, totaling around $108 million.

Billy Markus, a co-founder of the iconic meme cryptocurrency Dogecoin, known under the pseudonym Sibetoshi Nakamoto, has shared his take on the nature of crypto markets and why they keep dropping, leaving investors and traders frustrated.

Shiba Inu Coin (SHIB) price, a popular meme coin, is anticipated to climb despite recent market setbacks. While the broader market undergoes minor corrections, Shiba Inu is making notable strides within the meme coin category, indicating robust growth trends.

The crypto markets saw significant turmoil over the past 24 hours, with over 100,000 traders impacted by mass liquidations, greatly raising concerns during the latest market downturn. Bitcoin (BTC) briefly dipped below the $60,000 mark on October 3 before recovering and pushing back above $60,000.

The Dogecoin project has significantly benefited from the support of tech billionaire Elon Musk and his family of unicorns.

The Dogecoin price has jumped by 5% in the past 24 hours, returning to $0.1087 as the cryptocurrency market repairs some of the damage from this week's selloff.

Dogecoin's price has dipped recently, but its adoption as a payment method among retailers is growing, supported by high-profile backers and increasing integration with payment processors.

Dogecoin (DOGE) whales are making an intriguing comeback to the market, per a recently spotted on-chain acquisition move. As spotted by top market analyst Ali Martinez on X, DOGE whales have acquired one billion DOGE in the past 24 hours.

Dogecoin price recently abandoned a breakout after the entire crypto market crashed following uncertainty from the Middle East conflict. As the Bitcoin price shows a mild recovery to $61,200, other altcoins, including DOGE, are rallying.