Shiba Inu (SHIB) shows bullish reversal signals after rebounding from the 0.786 Fibonacci support, with wave (v) potentially targeting above 0.00002826 amid strengthening RSI momentum.

The SHIB burn rate has jumped by 18 million in the last 48 hours as the Shiba Inu price stabilized. Over 12 million tokens were incinerated on Tuesday and another 5.3 million on Wednesday.

It seems that a massive Shiba Inu (SHIB) purchase took place in the last 24 hours. As revealed thanks to on-chain data from Arkham Intelligence, an unknown massive investor withdrew 107,071 billion SHIB from one of the largest crypto exchanges, ByBit.

Popular cryptocurrency tracker Shibburn has spread the word about a large number of SHIB meme coins that have been pushed out of circulation over the past day.

Shiba Inu (SHIB) is currently worth $0.00001644, up 5.09% in the last 24 hours thanks to big news from the United Arab Emirates (UAE). The country recently announced its plan to use blockchain technology, which has given SHIB a short-term boost.

Shiba Inu has been experiencing a sharp decline, as shown by the market being shaken by an astounding 7.5 trillion outflow of tokens. This enormous token movement indicates significant changes in investor sentiment, which will increase selling pressure and cause a significant decline in price.

The latest SHIB burn data propelled a massive tide of optimism among crypto traders and investors as it soared over 500% intraday. Following the recent Shiba Inu and UAE partnership announcement, this surge has pushed market watchers to be highly optimistic.

The Shiba Inu (SHIB) ecosystem announced a strategic partnership with the United Arab Emirates (UAE), suggesting blockchain integration at a federal level.

SHIB is among the best-performing top 20 cryptocurrencies today (February 5).

The UAE Ministry of Energy and Infrastructure has partnered with Shiba Inu to implement blockchain technology across government services, marking the first federal-level blockchain integration by a national government and potentially saving over $3 billion in processing costs.

Shiba Inu's price has taken a big hit, dropping below key support levels. Is this a buying opportunity or a sign of more trouble ahead?

SHIB's price action depends on breaking resistance amid shifting market dynamics.

Shiba Inu whales are back in action, initiating massive transactions worth millions of dollars. Recently, on-chain data revealed that Shiba Inu whales had moved a staggering 15.1 trillion SHIB tokens in just one day.

Shiba Inu (SHIB) price has remained sluggish despite the ongoing bullish sentiment in the crypto market. While several major cryptocurrencies have registered strong gains, SHIB's price has struggled to maintain momentum.

Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) are showing steady price action, but on-chain data and technical indicators suggest a massive rally could be on the horizon. Cryptocurrency Price 24-Hour Trend Dogecoin (CRYPTO: DOGE) $0.2636 -5.7% Shiba Inu (CRYPTO: SHIB) $0.00001563 -3.4% Pepe (CRYPTO: PEPE) $0.00001001 -5.0% Trader Notes: Crypto trader Javon Marks predicts that Shiba Inu could surge nearly 10x to $0.0001553.

According to a prominent trader, the Department Of Government Efficiency (D.O.G.E) token is following the typical meme coin trajectory—major rallies followed by deep corrections. What Happened: In a post on X on Tuesday, trader Unipcs highlighted that despite facing heavy criticism after a 90% drop from its $500 million peak, this pattern is normal and D.O.G.E is primed for a comeback.

The UAE Ministry of Energy (MOEI) has struck a partnership with Shiba Inu to develop Web3 solutions in energy, infrastructure, and more. As per the press release, the partnership will mark a new era in Web3, leveraging Shiba Inu's broad range of Web3 technologies to support public service efficiency, green infrastructure, and citizen-focused governance models.

Shytoshi Kusama, an enigmatic person known in the crypto space as the Shiba Inu (SHIB) community lead and a sort of spokesperson for the popular meme-inspired cryptocurrency, recently shared an intriguing hint on their social media.

A project focused on the meme coin market called the Doge Jones Industrial Average (CRYPTO: DJI) has announced the beta launch of its new DJI App, a self-custody index platform designed for meme coins. The platform, which is now live, enables users to buy, hold,and manage an index of these digital assets directly.

The United Arab Emirates (UAE) government and cryptocurrency project Shiba Inu have partnered to promote Web3 innovation and growth in the country.

A rather rare anomaly recently stunned the on-chain realm behind the scenes of Shiba Inu token SHIB. Thus, as became known thanks to data from IntoTheBlock, the number of outflows from the wallets of meme cryptocurrency whales in the last 24 hours totaled 6.51 trillion SHIB.

Shiba Inu price decline has crossed the 25 percent mark this year, but whales could help bridge the divide between BTC and meme coin momentum.

Leading meme coin Shiba Inu (SHIB) has seen a significant drop in value, falling by 20% over the past week. Due to this double-digit price fall, a key on-chain metric suggests that SHIB has become undervalued, indicating it might be a good time to buy.

Shiba Inu (SHIB), the dog-themed meme coin, has significantly developed on the broader cryptocurrency market. There has been an upsurge in trading volume as over 10 trillion SHIB tokens have hit Binance, the largest crypto exchange, in the last 24 hours.

VICKY is up 22% in the last 24 hours as Vitalik Buterin retains the majority of VICKY holdings allocated to him at launch.

Dog-themed cryptocurrency Shiba Inu (SHIB) shows signs of rebounding following a sharp sell-off in Monday's trading session.

Shiba Inu's burn rate increased by 567.83% as 4.61 million tokens were permanently removed from circulation, coinciding with a 24% price surge and a major whale purchase of $444,000 worth of SHIB tokens.

Shiba Inu (SHIB 6.10%) soared by 45,278,000% during 2021, which means had you bought it on Jan. 1 and sold it on Dec. 31, an investment of as little as $3 could have made you a millionaire. Sadly, none of us own a crystal ball.

According to the data provided by the public blockchain data tracker Shibburn, which monitors SHIB burn transfers on the Ethereum chain and shares the details on its website and the X account, over the past day, burn efforts have been quite successful, pushing millions of meme coins out of circulation.

Shiba Inu (SHIB) price has rebounded after a sharp decline, following a three-day selloff that triggered widespread liquidations. The broader crypto market shows signs of recovery, with SHIB surging 10% in the last 24 hours.

Shiba Inu is plunging, traders are panicking, and liquidations are pouring in. A crypto tragedy worthy of a soap opera, except this time, it's the wallet that is crying.

The Shiba Inu burn rate witnessed a remarkable uptick of over 550% on Tuesday, fueling investor optimism amid a broader crypto market recovery. Notably, over 4 million coins were again removed from the asset's circulating supply, boosting the meme coin's tokenomics.

Shiba Inu (SHIB) has faced significant price challenges this week, experiencing a sharp decline that mirrors broader market trends. As of writing, SHIB has dropped by 21.16% over the past week and 19.18% within the last 24 hours.

Shiba Inu's prominent lead developer Shytoshi Kusama finds himself at the center of controversy following a barrage of accusations levied by the account @shibburn on X (formerly Twitter). The alleged improprieties—ranging from unauthorized project endorsements to misleading the community—have reignited debates about transparency and leadership within the popular memecoin ecosystem.

XRP's price plummeted by 43%, wiping out weeks worth of gains. Just the most recent daily candle has created a vicious knife that is 30% downward, indicating extreme volatility and panic selling.

Shiba Inu has declined to hit a four months low as SHIB holders start panic selling.

Shiba Inu (SHIB), the popular cryptocurrency coin that once captivated investors with its explosive rise, is facing a challenging period in the market. Recently, the cryptocurrency experienced a significant 40% price drop, pushing it below key support levels.

Fartcoin (CRYPTO: FARTCOIN) is recovering faster from a temporary market downturn than rivals Dogecoin and Shiba Inu, drawing renewed attention from traders on social media. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Fartcoin (CRYPTO: FARTCOIN) $0.7934 $793.4 million +38% -13.5% Pudgy Penguins (CRYPTO: PENGU) $0.01287 $809.2 million +0.6% -41.8% Dogwifhat (CRYPTO: WIF) $0.8185 $814.07 million -20.5% -26.9% Trader Notes: Trader Cold Blooded Shiller noted that Fartcoin has twice tested key resistance and is now breaking higher after a full wipeout of the past two months' upside.

Details revealed by the popular tracking platform Shibburn show that over the past day, the key SHIB burn metric has demonstrated a massive plunge in light of the overall crypto market collapse that started over the weekend.

The latest price analysis by Coinidol.com report, Shiba Inu (SHIB) prices have continued to fall gradually, reaching the predicted level of $0.00001429.

Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) suffered double-digit losses overnight as Bitcoin (CRYPTO: BTC) briefly slumped to $92,000. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin (CRYPTO: DOGE) $0.2571 $38 billion -12.6% -17.6% Shiba Inu (CRYPTO: SHIB) $0.00001484 $8.7 billion -13.5% -16.8% PEPE (CRYPTO: PEPE) $0.059745 $4.09 billion -19.2% -21.4% Trade Notes: Crypto trader Tardigrade reassured that DOGE's pullback is part of a macro cycle.

Shiba Inu (SHIB) has seen a sharp decline, plunging 20% in the last 24 hours to trade at $0.000014. The meme coin's weekly drop now stands at 25%, raising concerns over its price stability.

With its price falling below the 200 EMA, a crucial support level, Shiba Inu is currently experiencing one of its most critical moments. Due to this action, SHIB has returned to its February 2024 price levels, wiping out months of gains and igniting worries that the asset may drop below $0.00001 and add another zero to its valuation.

The Relative Strength Index (RSI) for the Shiba Inu (SHIB) price action reads a value of 24.94, which means that the bears are now in control of the altcoin's price action.

Shiba Inu's 32% weekend price drop to $0.000014 has attracted substantial whale accumulation, with large transactions surging to 4.3 trillion SHIB, suggesting potential price support despite broader market instability.

SHIB lost its spot in the top 20 crypto club as its market capitalization slipped under $8.5 billion.

While there's no guarantee that anyone will make money when investing in a silly meme coin like Shiba Inu (SHIB -24.14%), there are a few things you can do to maximize your chances of walking away with some cash, and minimize the risk of a total wipeout of your investment.