Shiba Inus price is on edge, with Bollinger Bands pointing to a possible 17% crash or a surprising breakout. As the weekend approaches, SHIBs next move could define its short-term trajectory amid heightened market tension.

Bitcoin is facing selling above $100,000, but the repeated retest of a resistance level increases the likelihood of a breakout.

Shiba Inu (SHIB), the second-largest meme coin by market cap, may soon awaken, according to popular cryptocurrency analyst Zach Humphries.

The price of the popular meme-inspired cryptocurrency Shiba Inu (SHIB) has come to a point that can be described as nothing short of "now or never." According to the Bollinger Bands indicator, the Shiba Inu token has hit the median line, a fixation below which could result in a painful drop of more than 17% to the lower end of the range.

As fear, uncertainty and doubt reign in the cryptocurrency space, market participants find themselves in the midst of notorious volatility and dislocation in the prices of digital assets. Against this backdrop, it is extremely difficult to make investment decisions, and there is little to guide one.

Fartcoin (CRYPTO: FARTCOIN), a meme-based cryptocurrency with unconventional origins, has hit an all-time high market capitalization of $763.9 million. The Solana (CRYPTO: SOL)-based token's meteoric rise, reaching a preliminary all-time high of $764 million on Friday per DexScreener data, has been driven by a mix of online speculation and social media buzz.

The Shiba Inu price is gearing up for a massive rally amid positive market trends. Notably, the SHIB burn rate also noted a massive surge of over 3700% today, indicating a bullish momentum ahead for the crypto.

The orders imbalance showed that sell orders were few within 10% of the price. This can be perceived as a short-term SHIB buying opportunity.

Shiba Inu (SHIB) has risen 8% to $0.000029, bringing 69% of holders into profit while showing mixed on-chain metrics and decreased burn rate, with technical analysis suggesting potential for further upward movement to $0.000081.

Legacy memecoins have done well so far, but their position could be under threat soon.

17 million Shiba Inu (SHIB) tokens were burnt in the last 2 days, data provided by shibburn.com suggests. That makes for a good title, but actually, that only amount to token worth around $500 being burnt. The post Shiba Inu Burns 17M Tokens – Could a Parabolic Rally Be Next? appeared first on Cryptonews.

The Shiba Inu price has rebounded towards $0.00003, which has put most of the SHIB holders back in the green. This is significant, considering how it could set Shiba Inu on a path to higher prices.

Shibarium, the blockchain scaling solution designed to enhance Shiba Inu's ecosystem, has recently surpassed 600 million transactions. This is a remarkable achievement that highlights its growing popularity and the efficiency of the network in handling high volumes of transactions.

Shiba Inu (SHIB), the popular and second-largest crypto meme coin by market cap, is poised for upside momentum as whale interest in the meme coin skyrockets. Despite the recent price decline across the cryptocurrency market, whales' interest and confidence in SHIB remain unchanged, according to an on-chain analytics report by Coinglass. 3.

Shiba Inu (SHIB) is once again capturing attention as it approaches a pivotal price level, with the $0.00002960 resistance emerging as a defining hurdle for the bulls. After a period of steady gains, market participants are now focused on whether SHIB can muster enough strength to break past this critical threshold.

Shiba Inu (CRYPTO: SHIB) whale Shibtoshi, known for his mysterious persona and gold-themed public mask, has risen to prominence in the crypto world. Operating mostly under a veil of anonymity, he shared his story of turning 37 ETH into a multi-billion-dollar Shiba Inu fortune while navigating the volatile world of cryptocurrency.

Shiba Inu (SHIB) has seen significant price action recently, though it has struggled to break past a crucial resistance level. Despite the lack of sharp gains, investor confidence remains high.

Bonk (CRYPTO: BONK) continues to chase Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB), performing slightly better than its two bigger rivals over the past 24 hours. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Bonk (CRYPTO: BONK) $0.00003949 $2.98 billion +2% -8.4% Dogecoin (CRYPTO: DOGE) $0.4148 $60.9 billion +0.2% -8.1% Shiba Inu (CRYPTO: SHIB) $0.0000288 $16.9 billion +0.2% -10.1% Trader Notes: Crypto trader Cold Blooded Shiller noted Bonk chart is reflecting a huge weekly retest:

Although it may seem like a huge amount, the 10 trillion Shiba Inu that whales have transacted in the last 24 hours are nothing in comparison to its historical highs. Significant market movements may be predicted by high transaction volumes, which frequently signal increased whale activity.

The marketing lead of the Shiba Inu team, known as Lucie, took to her account on the X social media platform to share a bullish Shiba Inu price prediction provided by a cryptocurrency analyst.

Shiba Inu (SHIB), the second-largest memecoin by market cap following Dogecoin (DOGE), is now experiencing a notable surge in its price after breaking through key levels in the past week. Currently trading at $0.00002877, SHIB has risen 14% over the past day, signaling renewed investor interest.

As the year ends, the Shiba Inu price gains significant traction, surging recently by 5%. Despite minor corrections, SHIB remains bullish, rebounding from key support levels and signaling potential growth.

The crypto industry is experiencing fresh growth in price as the combined market cap jumped 5.06% to $3.62 trillion. Riding this positive momentum is Shiba Inu (SHIB), the second-largest meme coin, which is up 7.05% in 24 hours to trade at $0.00002926, per CoinMarketCap data.

Dogecoin, Shiba Inu, and Pepe show mixed signals in technical analysis. DOGE targets $1, SHIB eyes a 50% rebound, and PEPE risks a 40-50% correction after its overheated rally.

"We could be soon witnessing a more than 180% climb unfold in front of our eyes," one analyst predicted.

The memecoin is in a pump of +203% compared to a year ago, but how will the last month close?

Bitcoin's rally above $100,000 has improved sentiment, triggering a strong recovery in several altcoins.

A new token with 20,000% growth potential aims to surpass Shiba Inu's success. #partnercontent

Meme coins Peanut The Squirrel (CRYPTO: PNUT), Popcat (CRYPTO: POPCAT), and Goatseus Maximus (CRYPTO: GOAT) surged on Wednesday amid significant exchange listing announcements, surpassing the performance of Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB). Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Peanut The Squirrel $1.30 $1.29 billion +30% +4.3% Popcat $1.26 $1.23 billion +14.7% -8.9% Goatseaus Maximus $0.6855 $685.4 million +29.2% -11.8% Dogecoin $0.4123 $60.5 billion +7.3% +0.0% Shiba Inu $0.00002917 $17.1 billion +13.8% -2.5% Trader Notes: Crypto trader Dami-Defi predicts PNUT could bring life-changing opportunities.

Memecoins like DOGE and SHIB plunge amid market-wide liquidations and heightened volatility.

Shiba Inu marketing exec Lucie unveiled the SHIFU airdrops enticing details, offering rewards to LEASH, BONE holders, gamers, and NFT enthusiasts. The announcement comes as SHIB price spikes 4% intraday, fueling excitement across the community.

‘Dogecoin Killer' Shiba Inu (CRYPTO: SHIB) is holding firm at a crucial horizontal support level, fueling speculation of significant upside potential. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Shiba Inu (CRYPTO: SHIB) $0.000029 $17 billion +15.1% -4.1% Dogecoin (CRYPTO: DOGE) $0.4166 $61.3 billion +10.8% +1% Pepe (CRYPTO: PEPE) $0.00002503 $10.5 billion +9.4% +15.8% Trader Notes: Traders are closely monitoring the meme coin's price action as it shows resilience in a challenging market environment.

Shiba Inu's marketing lead Lucie sparked a flurry of discussions across the broader market on Wednesday, revealing vital updates on the SHIFU coin airdrop. Notably, the marketing lead revealed key opportunities for LEASH and BONE holders as the airdrop approaches while also highlighting the benefits for SHIB gamers and NFT enthusiasts in light of the

It's been more than a month since the presidential election, and crypto prices are still surging. President-elect Donald Trump has nominated several extremely crypto-friendly candidates to his cabinet, and Bitcoin (BTC 1.12%), the world's largest cryptocurrency, has surpassed $100,000 several times.

Shiba Inu (SHIB) is in rebound mode after two days of grueling price drawdown fueled by whale buyers. Thus far this week, the meme coin has dropped as low as $0.00002434, retaining an 11.72% over the trailing seven-day period.

Shibarium surpasses 600 million total transactions while reaching $6 million TVL and 2 million addresses, demonstrating expanded adoption of Shiba Inu's Layer-2 scaling solution.

Shiba Inu's price has dropped 11% over the past week, mirroring the broader market downturn. Unlike other tokens, this decline has not triggered a cascade of sell-offs among SHIB holders.

Bitcoin crashed nearly 10% below its all-time high of $104,088 to a low of $94,150 on Monday. The flash crash was short-lived, but it dragged down altcoins and meme coins like Dogecoin, Shiba Inu, Pepe, Dogwifhat and Bonk.

While the memecoin mania had kicked off, Dogecoin & Shiba Inu refrained from making massive moves. As a result, these tokens lag behind their respective ATHs while the others form a new one. Now that the Bitcoin price rally has kicked off above the psychological barrier at $100K, these top memecoins have begun to swell.

The cryptocurrency market saw another decline on Dec. 10, 2024, with Bitcoin dropping below $95,000 for the second time in recent days, causing widespread liquidations.

The recent price movement of Bitcoin emphasizes how difficult it is to reach the elusive $100,000 threshold. Substantial market liquidations totaling $1.58 billion over the last day have prevented Bitcoin from sustaining momentum above this crucial psychological threshold.

Shiba Inu's Shibarium Layer-2 has reached over 600 million transactions and $6 million in TVL, showcasing rapid growth.

The Shiba Inu burn rate has seen a turnaround, skyrocketing by 1,068% despite the meme coin's recent price decline. This unexpected Shiba Inu burn recovery comes amid a bearish market trend, with indicators suggesting the potential for further SHIB price corrections.

Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) have seen sharp declines, with traders debating whether these drops signal a buying opportunity or a deeper trend reversal. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin (CRYPTO: DOGE) $0.3779 $55.6 billion -13.5% -7.4% Shiba Inu (CRYPTO: SHIB) $0.00002484 $14.8 billion -16.4% -11% Pepe (CRYPTO: PEPE) $0.00002287 $9.6 billion -17% +16% Trader Notes: Crypto trader DonAlt highlights Dogecoin's sideways movement over the past month, describing it as one of the most “net-worth-destructive” charts in crypto history.

Many larger-cap alts have marked substantial losses, but meme coins lead the pack.

The price of Shiba Inu has plummeted by 10% today, yet its indicators suggest that a rebound is just around the corner. The post Shiba Inu's Rally Hits a Snag – Could More Corrections Be Around the Corner? appeared first on Cryptonews.

The 12th largest cryptocurrency in the world, Shiba Inu (SHIB) started off as a humble meme coin — however, since then, it has stood out through its staying power as well as several technical improvements that could serve to position it as a part of the wider blockchain and DeFi space that actually provides utility.