The crypto market volatility has erased gains recorded after the last dip. Recent fluctuations in the top crypto prices have taken their toll on meme coins, leading to whales plunging into panic mode.

While Shiba Inu (SHIB) falters today, metrics and recent price action suggest underlying strength. The post What's Fueling SHIB's 5% Rally? Metrics Say This Is Just the Beginning appeared first on Cryptonews.

The popular meme-inspired cryptocurrency Shiba Inu (SHIB) seems to be missing from the headlines lately. However, this may soon change, as despite the lack of action on the price chart of SHIB amid all the broader crypto market turmoil of late, behind the scenes, in the on-chain realm, SHIB is still active.

Market sentiment comes into play as Shiba Inu tries to flip a 550 trillion resistance bubble into support.

Cryptocurrency market prices experienced turbulent movements on April 2, with most altcoins facing notable pressure across the market. Although Bitcoin remained above $65,000, its rally showed signs of fading momentum.

Shiba Inu has torched more than 115 million SHIB in its sustained deflationary push, a positive shift that is yet to impact the memecoin's price.

Dog-themed cryptocurrency Shiba Inu (SHIB) has recorded 2.38 trillion SHIB in transaction volume over the last 24 hours, according to IntoTheBlock data. This figure might seem impressive, but it represents a drop from 4.54 trillion SHIB recorded on March 31.

The bounce back has not lasted long, and most of the coins are back to the red zone, according to CoinMarketCap.

The meme coin frenzy surrounding Dogecoin (DOGE) and Shiba Inu (SHIB) is seeing a seismic shift as traders pivot to a new high-potential crypto coin: Rexas Finance (RXS). Unlike traditional meme coins, RXS offers real-world asset tokenization, unlocking access to lucrative markets such as real estate and gold.

Shiba Inu price has remained in a consolidation phase in the past few weeks. It dropped from a high of $0.00003322 in November and has stalled at the crucial support level at $0.00001240.

Data shared by popular blockchain tracker Shibburn, which monitors large SHIB transactions to dead wallets and then shares the details on its website and X account, has revealed that over the past day, there has been a massive five-digit increase in the Shiba Inu burn rate.

Over the past week, Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) are down 20% and 15%, respectively, as crypto markets await the impact of President Trump's tariff announcements. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin (CRYPTO: DOGE) $0.1724 $25.6 billion +0.8% -15.9% Shiba Inu (CRYPTO: SHIB) $0.00001233 $7.26 billion -3.3% -20.3% Pepe (CRYPTO: PEPE) $0.057391 $3.1 billion -2.4% -19.2% Trader Notes: Crypto trader Nebraskangooner noted that SHIB's recent breakout was a fakeout, with many altcoins hitting resistance and retracing

Shiba Inu rebounds from recent drop while its Shibarium network reaches one billion transactions in under two years, suggesting growing adoption despite price volatility.

The SHIB community is once again surfing optimistic tides within the crypto realm with a staggering 12,000% uptick in the Shiba Inu burn rate and a key Shibarium milestone achieved lately. On Wednesday, April 2, burn statistics signaled that over 115 million coins were removed from the circulating supply, whereas transactions on the Layer 2

Cryptocurrencies are coming off a strong year in 2024, the total value of all coins and tokens in circulation having soared to a new record high of $3.9 trillion shortly after the U.S. presidential election in November. President Trump campaigned on a series of pro-crypto policies that could pave the way for new use cases and a fresh wave of value creation in the future.

Shiba Inu's price has gone down nearly 5% in the past day of trading. Meanwhile, Shibarium's total transaction volume has exceeded 1 billion for the first time in history.

Shiba Inu's price action showed conflicting signs of different timeframes- but bulls have the upper hand now.

The Layer-2 blockchain of a popular meme coin has achieved a remarkable feat processing over 1 billion transactions since its inception in 2023. The significant milestone attained by Shibarium, the Layer-2 blockchain of Shiba Inu, could be an indication of the growing adoption of the token within the cryptocurrency space.

Over 2 trillion Shiba Inu (SHIB) tokens have been withdrawn from major cryptocurrency exchanges in the past week, with Coinbase, Binance, and Uniswap leading the outflows.

The Shiba Inu price continues to trade well below its current all-time high (ATH) of $0.00008845, a level which it attained in the last cycle. Interestingly, SHIB will still fail to touch its ATH even if it were to attain Dogecoin's current market cap.

Fartcoin (CRYPTO: FARTCOIN) is up 19% on the day, with traders pointing out that the popular meme coin is acting as a high-beta play on Bitcoin. Cryptocurrency Price 24-Hour Trend Fartcoin (CRYPTO: FARTCOIN) $0.52 +19% Dogecoin (CRYPTO: DOGE) $0.1736 +3.8% Shiba Inu (CRYPTO: SHIB) $0.00001293 +3.2% Trader Notes: Crypto trader CRG noted that Fartcoin's chart is showing strength.

Bulls are planning to seize the initiative at the beginning of the month, according to CoinStats.

Recent events point to Shiba Inu (SHIB) and Pepe Coin (PEPE) leading the front stage in the subsequent significant rise. Strong technical indications, committed communities, and market momentum suggest they might beat DOGE in percentage gains during the forthcoming bullish cycle. Shiba Inu (SHIB) shows strong technical and fundamental growth Currently trading at almost $0.

Shiba Inu (CRYPTO: SHIB) is up 5% on Tuesday, with on-chain activity surging and large transactions hitting new peaks. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Shiba Inu (CRYPTO: SHIB) $0.00001283 $7.6 billion +5.5% -4.7% Dogecoin (CRYPTO: DOGE) $0.1711 $25.4 billion +5.1% -8.6% Pepe (CRYPTO: PEPE) $0.057622 $3.2 billion +8.7% -3.9% Trader Notes: Crypto trader CW highlighted that SHIB is rebounding from a buy wall zone, forming additional sell walls along the way.

Dog-themed cryptocurrency Shiba Inu (SHIB) has risen over 6% in the last 24 hours as Shibarium, its layer-2 blockchain, surpassed one billion transactions, a significant milestone for the Shiba Inu ecosystem. This milestone has sparked excitement within the community, highlighting confidence in Shibarium's long-term growth.

The Shibarium community has received a notable warning that could help protect their funds and assets. In an update by Susbarium, the online platform dedicated to exposing scams and protecting community members, users were alerted to possible April Fools' Day scams.

Shiba Inu lead Shytoshi Kusama has once again stolen the spotlight with his recent location update on social media. For context, the Shiba Inu creator has recently mentioned “Cracking The Chrysalis”, which has sparked discussions among investors.

As the crypto space matures, investors are starting to shift focus away from meme-driven hype and toward protocols built on real value. Dogecoin (DOGE) and Shiba Inu (SHIB) may still dominate headlines from time to time, but the spotlight is moving.

SHIB has reacted positively to the development and is the best-performing cryptocurrency from the top 20 club in the past 24 hours.

In a development no one saw coming, U.S. Treasury officials are scrambling after an internal audit revealed a massive discrepancy in Fort Knox's gold reserves.

Shiba Inu (SHIB) has broken below a crucial support level at $0.00001230, signaling a potential continuation of its downtrend. This level has acted as a major support zone since mid-2023, consistently sparking relief rallies.

After successfully recovering from a critical local support level, Shiba Inu may be poised for a significant price reversal. The meme coin, which has been steadily declining over the past few months, has displayed some bullish momentum with a daily gain of +3% and is currently trading at about $0.00001276.

Shiba Inu (SHIB) has garnered attention for its potential, with forecasts suggesting a price increase to $0.000013. However, this growth trajectory appears modest compared to the projections for Mutuum Finance (MUTM), an emerging decentralized finance (DeFi) platform. It launched its fourth phase of funding during its altcoin presale where investors bought it at $0.

Shiba Inu (SHIB) burn rate shot up a whopping 1,300% in the past 24 hours with 17 million tokens being removed from supply.

Shiba Inu buyers are back in the market to buy the dip giving hope for a short term price recovery.

Shiba Inu has formally broken through one of its most important annual support levels, raising the possibility that its protracted decline will continue. After weeks of pressure, the asset is currently trading below the $0.00001230 level, a crucial historical support zone that has remained stable since the middle of 2023.

As Shiba Inu (SHIB) inches closer to its next major breakout, speculation is growing over whether its biggest rival, Mutuum Finance (MUTM), could steal the spotlight. A 20x rally for is a bold prediction, but some analysts argue that MUTM's explosive potential in the DeFi sector could deliver even bigger gains.

Shiba Inu price remains in a freefall as investors remain fearful ahead of Donald Trump's Liberation Day tariff implementations. The coin has crashed for five days, erasing most gains made earlier this month, and moving to its March 14 low.

The price of Shiba Inu (SHIB) is now falling after peaking at $0.00001567.

Although Shiba Inu (SHIB) is still a well-liked meme currency, its long-term prospects are called into doubt due to its volatility and crowded market position. In 2025, analysts predict that SHIB's price might rise by 100%.

The cryptocurrency market has always been surprising, with meme coins like Shiba Inu and Dogecoin exploding in 2021. Driven by celebrity sponsorships and excellent community support, DOGE grew by over 3,300%, while SHIB surged by an astonishing 50,000,000%. Early adopters became billionaires that year. But Shiba Inu trades at $0.

The SHIB community continues its regular attempts to make a noticeable dent at the circulating Shiba Inu supply by burning these meme coins. Yet another large token burn has been conducted during the past day.

An influential investor who excelled at identifying the next breakout crypto is singling out Cardano (ADA), Ripple (XRP) and Mutuum Finance (MUTM) as the next altcoins to surpass Shiba Inu (SHIB) and Dogecoin's (DOGE) massive 2021 runs.

Shiba Inu (SHIB), the popular dog-themed cryptocurrency, is under pressure as the broader crypto market sees a decline. According to CoinMarketCap, SHIB has dropped 1.53% in the last 24 hours, trading at $0.00001262.

Shiba Inu (SHIB) has dropped nearly 10%, falling back to pre-rally levels and wiping out its recent breakout gains. Currently trading at $0.00001273, the meme coin sits just above key support, signaling that the recent price surge was a classic fakeout a short-lived rally that failed to sustain momentum and trapped bullish traders.

After a slight recovery from yesterday's decline, XRP is currently trading at $2.19, displaying concerning weakness as the asset teeters perilously close to the $2.00 threshold. Earlier this week the asset dropped as low as $2, and although today's recovery may provide a brief sense of relief, the bigger picture is still precarious.

The debate over whether Shiba Inu (SHIB) is ready for an exchange-traded fund (ETF) continues to gain traction in the crypto space.