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news-imageFebruary 3, 2025

Shiba Inu (SHIB) Faces 40% Drop and Potential Price Decline

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.
Publisher: The Currency Analytics
Sentiment: Negative
SHIB

More News Articles

Negative
cover-imageBitcoinist
February 4, 2025

Fraud Allegations Rock Shiba Inu: Lead Dev Under Fire

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.

Positive
cover-imageBenzinga
February 3, 2025

Fartcoin Rebounds 38% In A Day, Outpaces Dogecoin, Shiba Inu

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.

Negative
cover-imageBenzinga
February 3, 2025

Dogecoin, Shiba Inu Crater 13% As Bitcoin Takes A Tariff Beating

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.

Negative
cover-imageUToday
February 3, 2025

Shiba Inu (SHIB) to Add Another Zero? 40% Price Drop

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.

Positive
cover-imageThe Motley Fool
February 3, 2025

Want to Make $5,000 With Shiba Inu? Follow These 4 Rules.

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.

Positive
cover-imageBenzinga
February 1, 2025

Analyst Forecasts Mammoth 200% Surge for This Dogecoin and Shiba Inu Competitor

The crypto market might be in for a surprise as a well-known crypto analyst predicts a significant rally for a competitor of Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB). What Happened: The analyst, known as Inmortal, shared on X platform that the meme coin Floki (CRYPTO: FLOKI) is showing a Relative Strength Index (RSI) pattern similar to one that previously resulted in a 200% price surge.

Positive
cover-imageThe Currency Analytics
February 1, 2025

Shiba Inu's Path to $100K, $500K, and $1 Million

Shiba Inu (SHIB) has remained a prominent cryptocurrency in recent years, gaining attention from investors due to its potential for significant price increases. Despite recent struggles in the market, many holders are still optimistic about its future performance.

Positive
cover-imageInvezz
January 31, 2025

Will SHIB rise in February? A look at Shiba Inu's past performance

Historical data shows Shiba Inu (SHIB) has never recorded losses in February. While past trends aren't an assurance due to the crypto market's wild fluctuations, SHIB's consistent patterns have grabbed the crypto community's attention. Shiba Inu's Feb performance Cryptorank's stats show the dog-themed token has gained 21.1% on average in February, with 20.3% median returns.

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