The crypto world has its most popular cryptocurrencies, Shiba Inu (SHIB) and Solana (SOL) gained the attention of investors in 2021. It demonstrated how innovation and passion of the community can make companies skyrocket. It demonstrated how innovation and passion of the community can make companies skyrocket.

Shiba Inu price fell below the critical $0.00002 mark this week, mirroring broader crypto market corrections. The meme coin saw increased volatility while Bitcoin hovered near $101,000.

So here we are again, with Shiba Inu (SHIB) hanging by a thread, ready to either dive into the abyss or maybe, just maybe, spring back up. The price of this meme coin has been teetering, and it looks like we are about to see if it finds that second bottom.

The Shiba Inu community has recently secured a monumental feat with the introduction of their new operating system, ShibOS. This operating system boasts itself as the gateway to a fully decentralized future, offering businesses, governments, and individuals a way to transition on-chain (Web2 to Web3) seamlessly.

The ongoing consolidation on the market pushed forward a new frontline in the Shiba Inu (SHIB) ecosystem amid the search for balance. The burn rate skyrocketed by 612% overnight, becoming the only metric in the ecosystem with an uptick.

The crypto market witnessed a selloff as bullish sentiment regarding Donald Trump's inauguration faded. The global market cap tumbled over 3% to $3.52 trillion, with trading volume tanking 25% over the last 24 hours.

Given that the asset is on the verge of marking a lower high, XRP's recent bullish rally is about to face a crucial turning point. This possible development may indicate that the current bull run is coming to an end, which will worry investors who have seen a notable upswing in the last few months.

Shiba Inu's lead developer, Shytoshi Kusama, has sparked discussions across the crypto space after responding to a critic on Twitter who claimed the token must hit $0.50 to regain their attention.

SHIB could soar by 20% to reach the $0.000025 level in the future.

Shiba Inu price tumbled towards $0.0000021 on Wednesday Jan 22, reflecting 15% losses on the weekly timeframe. On-chain data shows the recent market dip has coincided with a considerable decline in whale demand for SHIB, as newly-launched memes linked to Donald Trump drew investor attention.

Website: https://elluminex.com Twitter/X: https://x.com/elluminex Telegram: https://t.me/Elluminex

The short-term Shiba Inu (SHIB) burn rate has accelerated as the meme cryptocurrency faces increased price volatility.

Most of the cryptocurrencies have returned to the green zone; however, there are some exceptions to the rule, according to CoinStats.

Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) are trending downwards as market participants closely monitor whale activity, burn rates and technical signals for the next big move. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin (CRYPTO: DOGE) $0.3669 $54.2 billion -6.7% +4.4% Shiba Inu (CRYPTO: SHIB) $0.00002061 $12.1 billion -2.5% -2.2% Pepe (CRYPTO: PEPE) $0.00001594 $6.7 billion +1.5% -6.2% Trader Notes: Crypto analyst Ali Martinez remains optimistic about Dogecoin's potential for further upside.

The Shiba Inu community celebrated a 600% surge in its burn rate, fueling optimism for price appreciation.

The inauguration of President Donald Trump has had an impact on the crypto market, revived investors' interest, and boosted the crypto community. Ripple (XRP) is now close to reaching the $4 goal after crossing $3. Meanwhile, Shiba Inu (SHIB) has been on a downtrend, forcing investors to look for other opportunities.

Data shared by the popular crypto tracking service Shibburn reveals that during the past 24 hours, the Shiba Inu community has disposed of a large number of meme coins, pushing the burn rate up four digits.

In what comes as a bullish market event, the Shiba Inu burn rate skyrocketed 600% on Wednesday, sparking immense optimism among traders amid a broader sector recovery. Recent burn data indicated that over 3 million tokens were taken out of the meme coin's circulating supply.

The cryptocurrency market has been showing signs of revival, but not without some challenges. Shiba Inu (SHIB) has been facing strong resistance as it struggles to hold onto key support levels.

Shiba Inu (SHIB), the popular and second-largest crypto meme coin, is poised for a price surge as it has formed a bullish price action pattern on its four-hour time frame.

Check out why SHIB bulls may have a reason to celebrate soon.

Shiba Inu is attracting attention as experts anticipate significant market shifts after a phase of accumulation. Meanwhile, a lesser-known cryptocurrency is stirring excitement with its potential for massive returns, projected to achieve a staggering 15,000% increase.

Shiba Inu price sat at a crucial support level on Tuesday as a sense of calmness remained following Donald Trump's inauguration. Can SHIB escape this state of calmness and trigger a massive rally that could push it to 100x from the current level?

While the last few days on the cryptocurrency market have been more of a roller coaster ride than a financial one, there is still something stable to look at.

Shiba Inu (SHIB) has been under selling pressure in the last 24 hours, as has the cryptocurrency market. A bearish technical pattern known as a "death cross" has recently emerged on Shiba Inu's hourly charts, signaling potential further declines amid the ongoing market sell-off.

The crypto ecosystem is giving up its accrued gains, with Shiba Inu (SHIB) also dragged into the mix. At writing time, SHIB bears are apparently in takeover mode, pushing the token down toward its crucial support level.

While the rest of the cryptocurrency market is rising, Shiba Inu has taken an unexpectedly bearish turn, underperforming and breaking below important support levels. This divergence casts doubt on the asset's future prospects and investor mood.

Mark Cuban recognizes the community-driven success of SHIB, while its developer underscores the token's commitment to long-term value creation.

In an unprecedented turn of events, Shiba Inu lead developer Shytoshi Kusama has reacted as Billionaire entrepreneur and investor Mark Cuban lauded SHIB publicly. On Tuesday, the lead developer drew attention to the dog-themed meme coin on X, sharing Mark's post highlighting why it is among one of the most prominent players across the meme

Cryptocurrency prices and the crypto fear and greed index dropped after Donald Trump ignored the industry in his first day as the US president. Bitcoin, which reached a record high of $109,200 on Monday and then pulled back below $102,000.

Shiba Inu is still having a lot of trouble because its price is not able to hold onto important support levels. The asset has been declining, which is a worrying indication for traders.

Shiba Inu price has surged an impressive 130% over the past year, demonstrating resilience amid market fluctuations. Despite slight corrections, SHIB continues to trade above $0.00002, maintaining bullish momentum.

Shiba Inu (SHIB) opened the week on a silent note, trading around $0.000021 for most of the day and threatening to extend its months-long consolidation into the new week.

Shytoshi Kusama, the lead developer of Shiba Inu, has reached out to Ethereum co-founder Vitalik Buterin, seeking collaboration to propel SHIB toward global adoption.

Amid the rising market, Shiba Inu hit the reverse gear with a range breakdown. Will the SHIB prices drop 25% amid rising sell-off?

The enigmatic SHIB lead developer known to the meme coin community under the pseudonym Shytoshi Kusama has turned his eye to fudders and issued a major warning, slamming those who are spreading fear, uncertainty and doubt (FUD) about Shiba Inu and its ecosystem.

Shiba Inu (SHIB) experienced price volatility and market cap decline as the launch of $TRUMP token disrupted the memecoin sector

Shiba Inu gives up its weekly gains as price retests monthly support level - Can the bulls make something of it?

Shiba Inu coin lead developer Shytoshi Kusama has again caused a stir across the global crypto landscape, saying “big week ahead” for the SHIB community. Via a series of X posts on Monday, the lead developer hinted that noteworthy advancements for the broader ecosystem are in the pipeline.

Sherpa, a highly followed crypto analyst, has forecasted a significant surge for the altcoin Hyperliquid (CRYPTO: HYPE). What Happened: In a post on X, Sherpa shared his bullish perspective on Hyperliquid.

The cryptocurrency world is buzzing with excitement after President-elect Donald Trump unveiled his meme coin, “TRUMP.”

Shiba Inu price plummeted 5% to hit $0.000022 on Sunday, January 19 as traders reacted to Donald Trump's memecoin launch hours before the US Presidential Inauguration. Memecoin sector performance trends suggest SHIB price could be at risk of further downside.

TRUMP, the meme coin inspired by former U.S. President Donald Trump, briefly overtook Shiba Inu (SHIB) in market capitalization, earning the title of the second-largest meme coin.

Shiba Inu (SHIB) has been hit by market turbulence, which has led to its steep decline from the top 15 cryptocurrencies by market cap.

The price of the popular meme-inspired cryptocurrency Shiba Inu (SHIB) has lost more than 17% in the last two days as one of the largest "vampire attacks" on a cryptocurrency market liquidity took place.

Dog-themed cryptocurrency Shiba Inu (SHIB) has seen a surge in burn rate within the last 24 hours. According to the Shibburn X account, 30,067,245 SHIB tokens were burned in the last 24 hours, representing a 951.63% surge in the daily burn rate.

Shiba Inu price retreated during the weekend as crypto traders' attention possibly shifted to Official Trump. Shiba Inu (SHIB) token retreated to $0.00002104, down by 8.5%.