A well-known cryptocurrency analyst issued a bullish prediction for Shiba Inu (CRYPTO: SHIB), coinciding with a significant jump in the token's burn rate over the last 24 hours. What Happened: On Sunday, widely followed X personality Kevin observed a “rounding bottom formation with an inverse head-and-shoulders” pattern for the popular dog-themed meme coin, prompting a massive 50% price increase projection.

With a 20% rise in profitability, Shiba Inu is emerging as a possible recovery, which may portend a bullish run for the asset. The data indicates that 55% of SHIB holders are now profitable, which is an increase from earlier levels.

Although flying under the radar concerning price movements during Bitcoin's recent bull run, the dog-themed cryptocurrency Shiba Inu (SHIB) was able to appreciate 8.18% in the last week while Bitcoin reclaimed the $69,000 mark on Friday. Analysts have already predicted further upward potential for this meme coin.

Shiba Inu (SHIB), the meme-inspired cryptocurrency, is approaching its first golden cross since December 2023. The convergence of its 50- and 200-day moving averages raises speculation about another potential price rally.

Bitcoin's bullish weekend price action could be a sneak peek of what's to come this week. Will ETH, SOL, DOGE, and SHIB follow?

Dog-themed cryptocurrency Shiba Inu (SHIB) has seen an 880% increase in its burn rate, with 320 million SHIB tokens burned in the past seven days.

New data from market intelligence firm Santiment hints at a potential correction for popular dog-themed memecoins Dogecoin (DOGE) and Shiba Inu (SHIB).

The price of the popular meme-inspired cryptocurrency that is the second largest in its sector, Shiba Inu (SHIB), is approaching the first golden cross on its price chart since December 2023.

Shiba Inu's (SHIB) price action over the last 30 days has drawn a notable reaction from the meme coin holders. If sustained, this action could be crucial to a significant price increase for the token, which struggled for most of the last two quarters.

The largest and perhaps most popular meme cryptocurrency Dogecoin (DOGE) ends the third week of October on an extremely bullish note with a 28.5% gain and a price of $0.143. This price level for DOGE is the highest since June 10, which is more than a third of a year.

Liquidation heatmap and reduced buying pressure indicated that Shiba Inu might not yet be ready for a proper breakout.

Memecoins have a fascinating history in the crypto market, with assets like Shiba Inu (SHIB) turning small investments into millions, especially in 2021. Back then, few could predict SHIB's extraordinary 8,000% rally, turning a meme coin into one of history's most profitable altcoin investments.

Buyers keep controlling the initiative at the beginning of the weekend, according to CoinStats.

Dog-themed cryptocurrency Shiba Inu (SHIB) has experienced a notable price surge recently, driven by increased buying pressure. SHIB's price has been steadily climbing since October, and it now hovers near the $0.00002 mark, a level seen as a significant resistance point.

According to on-chain analytics firm Santiment, top meme coins are drawing the most hype in five months.

Shiba Inu, the dog-themed cryptocurrency, has recorded a 367% jump in burn rate, sending over 11.5 million SHIB to dead wallets. According to Shibburn's update, the burn occurred only in two transactions.

A widely followed analyst and trader is leaning bullish on the Solana-based pet-themed memecoin cat in a dogs world (MEW) while outlining his forecast for Dogecoin (DOGE) and Shiba Inu (SHIB).

Over the past week, blue-chip assets like Bitcoin (BTC) and Ethereum (ETH), have been major topics of discussion in the cryptocurrency space — and rightfully so — after a strong positive performance week. Meme coins such as Dogecoin (DOGE) and Shiba Inu (SHIB) have also enjoyed a fair share of the attention in the last seven days.

Against the backdrop of bullish market dynamics, Shiba Inu coin has once again nabbed considerable investor attention as the week closes. Notably, SHIB price remains poised for a 2021-like parabolic rally ahead, primarily attributable to recent ecosystem developments.

DeFi ecosystem expert has given an eye-opening investment alert that could help you make millions of dollars if you take early action. This expert has predicted the ETFSwap (ETFS) price to make a meteoric 20,700% rally from its current presale price of $0.03846 to $8 in the coming crypto market cycles.

Shiba Inu (SHIB) is now priced at about $0.00001783, just below a key resistance zone which means that the market is in a good mood. Market analysts are ready to witness another possible rally in the meme coin space.

The Shiba Inu price surged 2.7% during Friday's trading session to reach $0.000018. The bullish narrative is fueled by restoring Uptober rally sentiment as Bitcoin climbs toward $70,000.

There are still reasons to believe that Shiba Inu (SHIB) could be one of the major gainers in this market cycle despite its underperformance compared to other meme coins. These reasons relate to the meme coin's fundamentals, which paint a bullish outlook for it.

Shiba Inu (CRYPTO: SHIB) is riding a price pump off the back of Dogecoin (CRYPTO: DOGE) leading a broader meme coin rally. What Happened: On-chain intelligence firm Arkham Intelligence recently reported an unknown whale withdrawing 105.9 billion SHIB, valued at $1.99 million, from Coinbase in a transaction split into three parts.

Solid buying in the Bitcoin ETFs suggests that investors expect Bitcoin to breakout to a new all-time high. Will altcoins follow?

The price action and momentum were bullish, but the buying volume was tepid. This trend was seen in the mean coin age as well.

A look at the large transaction volumes for SHIB shows that buying pressure from whales has waned.

Leading U.S. exchange Coinbase has been hit by the withdrawal of billions of Shiba Inu (SHIB) tokens over the past 24 hours.

Data shared by the Shibburn tracker shows that this metric has demonstrated an impressive increase both on the 24-hour and weekly time frames. The SHIB army has managed to dispose of a mammoth amount of meme coins lately.

As speculation builds around Donald Trump's potential creation of the Department of Government Efficiency (D.O.G.E.), investors are on the hunt for the next big Dogecoin rival to buy.

Since last weekend, crypto buyers have returned enthusiastically, delivering the Q4 momentum many had anticipated. With Bitcoin's October performance flipping to the green, the altcoin market is gathering sufficient strength to spark a high-momentum rally.

SHIB bulls beware: here's what signals a possible correction in the short term.

NEIRO, a newly added meme coin, has been causing a stir after it reached an increase of 5400% in just a month. After being listed at a price of $0.00003109, NEIRO climbed the ranks to $0.001710 on the price charts due to market fervor.

While past Shiba Inu and XRP price surges have made the tokens a darling to most crypto investors, a new AI token has emerged and has already seen a significant price surge in its ongoing presale.

The official SHIB marketing lead who uses pseudonym Lucie has published a tweet on her X account to discuss the issue of increased FUD (a popular acronym within the crypto community that means “fear, uncertainty, doubt”) aimed at the SHIB team and the Shiba Inu ecosystem. Per her tweet, the FUD against SHIB has reached an all-time high.

At 443 trillion tokens, Shiba Inu is trading close to a crucial support level that could act as a solid safety net for the current price threshold. This extensive support zone connected to 1,633 addresses activity provides information about possible market movements.

SHIB whales on the run, Shiba Inu sees its hopes of a rebound swallowed in the ocean of crypto.

As the crypto market progresses towards Q4 of 2024, investors anxiously await the next big thing to unfold. Among the older reputed players like Litecoin (LTC) and Shiba Inu (SHIB), numerous challenges impede them.

Shiba Inus whale transactions have sharply decreased, plummeting from typical highs of four trillion SHIB to just 500 billion in the past seven days. This unexpected decline may significantly affect the tokens future price and volatility.

As it gets closer to forming a golden cross, Shiba Inu is exhibiting indicators of a possible breakout. The 50-day moving average crossing above the 200-day moving average is a bullish pattern that frequently results in a substantial increase in market momentum.

Shiba Inu is on the cusp of a significant transformation. Lucie (@LucieSHIB), the marketing lead for Shiba Inu, announced via X on October 17 that the Shiba Inu Decentralized Autonomous Organization (DAO) and the Shib Doggy DAO Foundation are “coming soon,” signaling a pivotal shift toward decentralization and community governance.

To the surprise of various community members, the Shiba Inu team has announced the postponement of the highly anticipated ShibaCon conference. Originally, scheduled to take place on November 9, the Shiba Inu team has decided to reschedule the ShibaCon conference till further notice, leaving many in the community wondering what prompted the sudden change.

Shiba Inu (SHIB) price forecasts are turning bullish, with one popular TradingView user predicting a stunning 400% surge in the coming months and weeks.

On-chain metrics unravel a momentum change, but two gargantuan resistance levels loom in Shiba Inu's upward journey.

Shiba Inu (SHIB) price, a popular meme cryptocurrency, is gaining attention as it shows signs of potential value growth. With the broader cryptocurrency market struggling to maintain momentum, SHIB stands out with notable developments.

The markets are always buzzing with predictions, and the latest one is turning heads. Dogecoin price, a fan favourite, is expected to rally to $1 before December.

The Dogecoin price has rallied by over 7% in the last 24 hours, outperforming Bitcoin and Shiba Inu. This price rally is primarily thanks to the world's richest man, Elon Musk, who continues to support the foremost meme coin indirectly.