The Shiba Inu (SHIB) burn rate shot up by 807% in the past 24 hours, with more than 20.5 million SHIB tokens permanently removed from circulation.

Bitcoin (BTC) is showing signs of recovery, trading around $96,934 after a brief pullback. Market sentiment remains cautiously optimistic as BTC consolidates near crucial support levels.

The broader digital currency ecosystem has continued consolidating, with Shiba Inu (SHIB) in the spotlight. The digital currency has wriggled away from its lowest price mark in the past 24 hours, signaling signs of an early rebound.

The price of Shiba Inu (SHIB) fell to the bottom of the chart after the price dip on February 3.

The Dogecoin and Shiba Inu prices are currently struggling to maintain a bullish momentum as they continue to suffer significant pullbacks. This downtrend is due to macro factors that have brought about market uncertainty and sparked a bearish sentiment among investors.

Shiba Inu is clearly struggling as the death cross formation is getting closer and closer to the price of the asset. The recent price action of SHIB is dictated by bears instead of bulls, and the strengthening of a downtrend is only a matter of time in SHIB's case.

Data shared by the prominent blockchain tracking service Shibburn has unveiled that during the last day, the SHIB army has managed to push a substantial amount of SHIB meme coins from circulation.

Shiba Inu (SHIB) and Pepe (PEPE) have often been speculated about in relation to their opportunities of hitting the desirable $1 milestone. Nonetheless, with SHIB now priced at $0.00001578 and PEPE at $0.059561, the journey to $1 continues to be a challenging ascent.

Following a brief decline, Bitcoin is currently showing a moderate recovery at around $96,934. Since Bitcoin is consolidating close to important support levels, market sentiment is still cautiously optimistic.

Shiba Inu has made a notable rebound in recent days after a sharp decline that caused concern among many investors. In the past 24 hours, the price has increased by over 5%, rising to $0.00001649.

The once-thriving Shiba Inu has seen its price stagnate recently, leaving investors searching for new opportunities. As analysts observe SHIB's lack of momentum, their attention has shifted to WallitIQ (WLTQ)—an Ethereum-based token making waves with its groundbreaking features and rapid presale success. With an entry price of just $0.

The Shiba Inu is playing hide and seek with traders: a dizzying drop, a rebound in sight, and whales gorging themselves in the background. Ready for the roller coaster?

Dog-themed cryptocurrency Shiba Inu (SHIB) has seen a surge in its burn rate, with over 2.26 million SHIB tokens removed from circulation.

It seems that those who did not invest in Shiba Inu (SHIB) during the recent price slump may soon experience fear of missing out, or FOMO as it is known in the cryptocurrency market.

Concerns have emerged over Shiba Inu's (SHIB) token distribution after analysts revealed that several wallets hold a significant portion of its supply.

The past week in the world of finance was marked by significant developments in the cryptocurrency sector. From warnings against buying the dip in Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and XRP (CRYPTO: XRP), to Shiba Inu's surprising partnership with the UAE government, the week was anything but dull.

Will Shiba Inu (SHIB 3.68%) go to the moon and make its investors rich once again, for the fifth time in its history? It's very possible, but that doesn't mean you should buy it with a sizable investment of $5,000 on the line.

Shiba Inu has regained some ground after experiencing a sharp decline in recent weeks. The altcoin is up over 5% in the past 24 hours, attempting to recover investors' losses.

Shiba Inu's most recent market decline will more likely push the death cross formation, making it a reality. With the 50 EMA crossing 200 EMA, the bearish trend will solidify, indicating the end of the bullish phase for SHIB on the market.

A noteworthy event has caught the attention of the crypto community: over 3.36 trillion Shiba Inu (SHIB) tokens have been moved to an unmarked blockchain wallet. The transaction, which took place on February 8, 2025, was valued at around $51.15 million, according to tracking services from Whale Alert.

Ssocial volume has been falling since early December, when memecoin euphoria lost its grip.

DTX Exchange has gained ground quickly to become the most talked-about altcoin in the market. Its explosive presale momentum has outpaced DOGE and SHIB weekly performances as these meme tokens face market shakeups.

Sellers' pressure remains relevant today as well, according to CoinStats.

Shiba Inu (SHIB) is in the spotlight as the combined crypto market capitalization dropped by another 1.48% in 24 hours to $3.13 trillion. Shiba Inu has, however, decoupled from the general trend, inking a minor uptick within the same time span.

Although Solana (SOL) and Shiba Inu (SHIB) are still well-liked in the crypto market, a startling change is occurring: smart investors are subtly shifting their money onto a new altcoin with great 2025 potential.

The cryptocurrency market constantly fails to regain momentum with top tokens losing significant valuation in their respective portfolios. Notably, top tokens have failed to hold their value above their important support levels, indicating rising uncertainty in price action. With the market turning extremely volatile, investors are closely watching their portfolios with constant FOMO & FUD.

Dog-themed cryptocurrency Shiba Inu (SHIB) has seen a 5,277% surge in large holder netflows, an indicator that provides an idea of the change in the positions of whales or large holders.

As the crypto market experiences turbulence, the Shiba Inu price remains near $0.000015, struggling to gain momentum amid widespread corrections. Bitcoin's drop below $97,000 has fueled uncertainty, pressuring altcoins.

Shibburn blockchain tracker has revealed that over the past 24 hours, the SHIB army has managed to burn more than a dozen million meme coins out of the circulating supply, triggering a massive burn rate increase.

Shiba Inu (SHIB), the second-largest meme coin by market capitalization, faces severe downside momentum as several technical indicators turn bearish. As the market enters a correctional phase due to the decline in Bitcoin, Shiba Inu records a 61% decline in burn rate while its trading volume falls below $400 million.

On-chain data shows Shiba Inu has a high concentration of supply on its largest holders. Here's how Ethereum and other altcoins compare.

As its price continues to struggle due to waning momentum, Shiba Inu is on the verge of a significant bearish signal. The asset has been steadily declining in value for a few weeks, and a death cross is about to form, which could signal a more serious decline.

Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) continue to trade sideways, but traders maintain that more upside is still to come for the underperforming meme coins. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin (CRYPTO: DOGE) $0.2538 $37.6 billion +2.9% -22.2% Shiba Inu (CRYPTO: SHIB) $0.0000154 $9.07 billion +2.6% -18% Pepe (CRYPTO: PEPE) $0.059434 $3.9 billion +1.2% -31.8% Trader Notes: Trader Tardigrade highlighted that Dogecoin's past rebounds followed over 50% corrections, with the latest dip at -58.25% mirroring previous breakout patterns.

Fartcoin (CRYPTO: FARTCOIN) is bouncing back from a severe downturn but remains over 50% down over the past seven days. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Fartcoin (CRYPTO: FARTCOIN) $0.4765 $476.3 million -0.08% -54.1% Ai16z (CRYPTO: AI16Z) $0.342 $372.2 million +18.7% -49.8% Brett (Based) (CRYPTO: BRETT) $0.04569 $452.8 million +3.2% -48.3% Trader Notes: Cold Blooded Shiller pointed out that Fartcoin has reached a critical level in its target zone, meaning it could either see a major bounce or face full-blown capitulation.

Shiba Inu (SHIB) price, a meme-based cryptocurrency, has captured the crypto community's attention due to its rapid rise in popularity. As one of the most talked-about tokens, SHIB has experienced significant price fluctuations over the years, driven by social media buzz, market sentiment, and strategic developments.

The recent turbulence in the market have significantly affected meme coins, causing their total market cap to fall below $70 billion. While some altcoins and meme coins have shown a lot of price fluctuations, Shiba Inu & Dogecoin, in particular, are having a hard time stabilizing their prices.

Less than 48 hours ago, an unknown wallet received 1.24 trillion Shiba Inu (SHIB) tokens—worth approximately $20.2 million—from the crypto exchange Kraken, according to Whale Alert data. 🚨 1,239,940,928,235 #SHIB (20,136,020 USD) transferred from #Kraken to unknown wallethttps://t.

Shiba Inu (SHIB) continues to be at the center of attention in the crypto world. Two recent developments are capturing the interest of the community: the mysterious holder of 60% of the SHIB supply and the potential price of the crypto if its market capitalization were to reach that of XRP. Both topics raise crucial questions for investors.

Amid the growing push for consolidation in the broader crypto ecosystem, an unusual Shiba Inu whale transaction was flagged on-chain. Per data from Whale Alert, 3,368,549,976,020 SHIB were shifted on-chain in just one minute.

A Shiba Inu whale echoed a market frenzy on Friday by moving a staggering 3 trillion tokens amid a broader sector dip. Recent whale data indicated that the transfer was made between two unknown wallets, igniting a tidal wave of speculations among traders and investors globally.

SHIB's valuation has tanked by over 20% in the last week.

According to a recent tweet published by the Shibarium Updates account on the X social media platform, the layer-2 solution Shibarium has witnessed a major growth in three key parameters since last morning.

Open interest in Shiba Inu is sharply declining, indicating a significant change in the dynamics of the market. At approximately $155.83 million, open interest in SHIB futures has fallen 50% from its recent peak.

The amount of Shiba Inu (SHIB) in circulation has fallen again following a recent token burn event. Notably, more than 15 million SHIB tokens were wiped out.

According to Santiment's latest on-chain report, the concentration of top wallet holdings for major cryptocurrencies like Shiba Inu (SHIB), Ethereum, Chainlink and Toncoin shows potential market risks and opportunities driven by a small group of key players.

A recent transaction involving crypto exchange Kraken and the Shiba Inu token has captured the attention of the crypto community. Whale Alert, a leading whale-tracking platform, reported that Kraken moved an enormous quantity of Shiba Inu to an unmarked address, which has raised both curiosity and concern.

This collaboration highlights the growing potential of blockchain technology in public sector services. It also positions Shiba Inu as a major player in the crypto world.

Santiment warns that Shiba Inu's high whale dominance could trigger price drops if major holders decide to sell suddenly.