Shiba Inu (SHIB) - once one of the leading meme coins - is currently stagnating and has been moving in a downward trend for several months in a row. Against this backdrop, the token's popularity is rapidly declining.
Shibarium, the Ethereum-based layer-2 scaling solution for the Shiba Inu ecosystem, has suffered decreased activity in the past couple of days. Daily transactions being processed on the protocol plummeted from 4.77 million on Feb. 14 to just 54,640 on Feb. 17.
Most of the coins are coming back to the green zone after a bearish market opening.
Major news just broke out regarding the U.S. wing of the world's largest cryptocurrency exchange, Binance. In the last couple of years, the activity of Binance US, and the black-and-yellow exchange broadly, has been significantly shredded due to regulation and law enforcement implemented by the previous SEC administration.
A new study sheds light on the common phenomenon of cryptocurrency tokens experiencing sharp price declines after achieving all-time highs. The research identifies key factors contributing to both the rise and subsequent fall of popular digital assets like Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Dogecoin (CRYPTO: DOGE).
Shiba Inu Price faces mounting pressure as market corrections continue to impact its performance. The popular meme-based coin has experienced volatility over the past month.
Despite the lack of action on the cryptocurrency market lately, there is still a lot going on behind the scenes of the price charts, especially in the on-chain realm.
The pseudonymous marketing lead of the Shiba Inu team, famous on social media as Lucie, has taken to the X network (formerly popular as Twitter), to issue a crucial message to the SHIB army and assure them that SHIB and all other Shibarium tokens are likely to have a bright future.
Open interest in meme coin futures has significantly decreased as prices have dropped, sparking a debate about the sector's future. What Happened: In a post on X on Feb 19, Glassnode data shows the decrease, with Dogecoin (CRYPTO: DOGE) open interest down by 58.45%, falling from $3.58 billion on Dec. 9, 2024 to $1.49 billion recently.
The meme coins have noted massive volatile trading lately amid a broader crypto market downturn. Notably, top players in the segment like DOGE, PEPE, SHIB, FLOKI, and others have also gone through a topsy-turvy lately, sparking market concerns.
Shiba Inu, once a leading meme coin, is currently facing a prolonged downtrend. The price has continued to struggle with recovery, and the lack of upward momentum is causing concern among both current holders and potential investors.
Prominent blockchain tracker Shibburn has revealed an impressive rise shown by the SHIB burn rate over the last day. A large amount of meme coins were burned to reached it.
Shiba Inu has finally reached a level that might become a foundation for a proper price reversal. Following the death cross, the price action suggests that SHIB could be around the bottom.
Shiba Inu (CRYPTO: SHIB) has exhibited a lackluster price action over the last month, but a few crucial technical indicators tied to the dog-themed cryptocurrency signaled a rebound. What happened: The world's second-largest meme coin by market capitalization was in the middle of a corrective phase, falling over 3% over the week and around 25% in a month.
Shiba Inu started 2021 at just $0.0000000001; SHIB surged to an all-time high of $0.00008845 by October 2021. This marked an astonishing 52,500,000% increase. Those who spent $1,000 in SHIB at the beginning of 2021 would have been able to buy around 5.9 billion tokens.
Shiba Inu (SHIB) hasn't returned to normal after weeks of losses. Despite intermittent rallies, the asset is under selling pressure, and technical signs suggest a likely further decline. Does SHIB plan to correct or reverse? Analysts say three major caution signs indicate that it is not currently a good buy.
The U.S. SEC has officially acknowledged Grayscales application to convert its XRP Trust into an ETF, marking a significant milestone despite not guaranteeing approval. ETF analyst Nate Geraci called the move an enormous message, as the SEC continues its legal battle with Ripple, recently filing an appeal in the ongoing case.
Solana has just seen its biggest price drop in three years, falling 45% from its most recent high. Due to intense selling pressure, the asset — which was among the best performers during the previous bull cycle — is currently causing investors to worry about its short-term future.
Despite a 30.4% decline in Shiba Inu's (CRYPTO: SHIB) price over the past month, the community continues its burn mechanism to reduce supply. However, the latest burn rate remains weak, signaling a limited impact on price momentum.
SHIB's price has declined by more than 25% on a 30-day scale.
Shiba Inu price remains under bearish pressure amid lackluster performance across the broader cryptocurrency market. Following this downtrend, nearly 77% of SHIB holders are in losses, with the lack of profitability dampening the market sentiment.
Shiba Inu (SHIB) struggled to break above the 26-day exponential moving average (EMA), facing resistance and signaling bearish sentiment. Despite signs of stabilization after a prolonged decline, SHIBs failure to generate enough buying pressure suggests potential downward movement.
The Shiba Inu (SHIB) bears remain very much in control on Monday, as bearish technical signals flash, warning that more near-term downside is likely. The post Shiba Inu in Trouble as Technical Signals Flash Bearish – Where Next for SHIB Price? appeared first on Cryptonews.
While Solana (SOL) became a powerful participant with an amazing price rise of over 25,000,000%, Shiba Inu (SHIB) shocked the cryptocurrency market with an insane price surge of over 52,000,000%. Many crypto aficionados are keen to identify the next major players with comparable potential since both coins saw an exponential rise.
In the past week, the Shiba Inu (CRYPTO: SHIB) community has successfully burned, or permanently removed, 58,303,050 SHIB coins from circulation. What Happened: According to the Shibburn blockchain tracker, which keeps track of daily and weekly changes in the SHIB burn rate, a significant number of SHIB coins were removed from the market.
SHIB experiences significant market downturn amid declining whale activity, while its layer-2 solution Shibarium shows promising growth in TVL.
Shiba Inu's burn rate surged 580.76%, reducing supply and fueling speculation of a breakout.
The crypto-verse constantly fails to regain momentum with top tokens erasing significant valuation from their portfolios. Moreover, top tokens have plunged below their important support levels, indicating rising uncertainty in price action. With the market turning extremely volatile, investors are closely watching the charts of the top memecoins.
Pseudonymous SHIB executive, its official marketing lead known as Lucie, has published a tweet titled “WILD WILD SHIB & BEYOND.” In that X message, Lucie spoke to the SHIB community about the lawless and unpredictable crypto frontier.
SHIB sees slight gains but remains in a downtrend, while investors turn to Rexas Finance for its strong presale performance and real-world utility. #partnercontent
Shiba Inu has failed to break an important resistance level on the market, not even reaching the resistance point. As the most recent price move of SHIB shows, the 26 EMA remains the first and strongest resistance point for the market.
Data provided by the public blockchain tracker Shibburn has revealed that over the last day, the SHIB community has been burning its favorite meme coins quite actively and drove the burn rate way upward.
Shiba Inu has flashed a bullish signal after a price correction that has lasted since December 5, 2025, with the cryptocurrency showing signs of recovery and potential growth. Notably, the Shiba Inu has been abuzz with activity, particularly following significant whale movements and an unprecedented spike in the token's burn rate.
The $0.0000154-$0.0000157 region remains a short-term target for SHIB.
Shiba Inu (SHIB) is facing a critical juncture as recent on-chain data highlights a concerning trend—short-term traders are distancing themselves from the cryptocurrency coin, signaling a shift in market sentiment. The once-popular asset, which gained attention through its community-driven momentum and speculative appeal, is now struggling to maintain its appeal as a trading vehicle for short-term investors.
An important resistance level that might have indicated a possible recovery, the 26-day exponential moving average (EMA), was difficult for Shiba Inu to overcome, resulting in a setback. Although there have been early indications of stabilization following a protracted decline, SHIB's failure to get past this obstacle raises questions about its immediate future.
In the nascent and evolving crypto space, a prominent Shiba Inu team member has laid out a guiding principle aimed at safeguarding investors from potential pitfalls.
Shiba Inu price remains in a deep bear market after crashing by over 50% from its highest level in November last year. Shiba Inu (SHIB), the second-biggest meme coin, has crashed to $0.
Shibburn blockchain tracker, which publishes daily and weekly changes in the SHIB burn rate, has shared that over the past seven days the SHIB community has managed to remove an impressive SHIB batch from the market — several tens of millions of meme coins.
Shiba Inu (SHIB) price has been consolidating after a recent market correction, mirroring the broader cryptocurrency downturn. The Meme coin has hovered around $0.000016, struggling to break higher amid selling pressure.
Shiba Inu (SHIB) continues to capture the attention of crypto investors, many wonder if it's still possible to become a millionaire by holding this dog-themed token. Despite the recent market downturn, the dream of hitting major returns remains alive.
Bulls are trying to hold the gained initiative, according to CoinStats.
Dog-themed Shiba Inu (SHIB) has witnessed significant movement in the broader cryptocurrency space as the meme coin continues on its price recovery. A staggering 253,000,000,000 SHIB tokens hit Binance, the world's biggest crypto exchange, in 24 hours.
Dog-themed cryptocurrency Shiba Inu (SHIB) has entered a period of relative quiet. This trend is reflected in whales or large holders, whose activity has slowed in recent days with pale large transaction volumes.
Everyone's second favourite memecoin might see its fortunes turn soon.
Ripple CEO Brad Garlinghouse recently endorsed Brian Quintenz for CFTC chair, emphasizing the CFTCs vital role in maintaining strong U.S. markets. Garlinghouse also supported the Financial Innovation and Technology for the 21st Century Act (FIT21), which seeks to make the CFTC the primary crypto industry regulator.
Shytoshi Kusama, the pseudonymous developer behind Shiba Inu (SHIB), has laid an ambitious roadmap to evolve the project from its meme coin origins into a dominant force in the tech industry by 2030.