The popular meme-inspired cryptocurrency Shiba Inu (SHIB) may be mispriced, according to IntoTheBlock. As evidenced by the on-chain data, there has been a notable spike in the Large Holders Netflow metric over the past 24 hours.

Shiba Inu's (CRYPTO: SHIB) prices have spiked over the past month as burn rates continue to rise and significant developments increase bullish sentiment in the community. What Happened: Shiba Inu's burn rate has increased by 544.6% with around 5.2 million SHIB coins burned in the past 24 hours, according to Shibburn data.

SHIB tries to take off, but faces resistance head-on. Traders are ready to dive!

As the Bitcoin price reclaims the $63,000 mark, the memecoin category has experienced a strong bullish action with some tokens recording a massive surge in their respective portfolio within a short period. Following this, top meme coins such as Dogecoin and Shiba Inu have regained traction.

Shiba Inu (SHIB) price has shown remarkable growth recently. Experts are predicting a surge of 650%, reaching $0.000112.

The Shiba Inu team has been one of the most active teams on social media, with marketing executive Lucie giving the community regular updates on the project.

Shiba Inu (SHIB) is starting the week positively, as all of its core metrics have lit up in green. The burn rate stands out atop a 544.55% surge, with 5,166,319 SHIB sent to dead wallets.

The downturn in Shiba Inu's value seems persistent, with no end in sight.

Shiba Inu (SHIB) has witnessed an impressive spike in trading activity, accumulating nearly $500 million in volume over the past 24 hours. This surge, which marks a 24.75% increase, has many market observers speculating about an impending bullish trend for the cryptocurrency.

Memecoins erupted Sunday, with major coins topping the daily cryptocurrency gainers list. What happened: Dog-themed token dogwifhat soared more than 16%, becoming the second-best performing cryptocurrency in the last 24 hours.

The cryptocurrency landscape shifts, Shiba Inu (SHIB) is gaining attention for its potential upward trajectory. Noted market analyst Alan Santana has outlined a bullish forecast, suggesting that SHIB could soon surpass the $0.00007 mark.

Shytoshi Kusama, the mysterious lead developer at the helm of the Shiba Inu (CRYPTO: SHIB) ecosystem, praised the UAE administration for exempting cryptocurrency transactions from value-added tax (VAT). What happened: In an X post on Sunday, Kusama responded to news of the exemption with a GIF of Vegeta, a character in the popular anime series Dragon Ball.

With indications of a potential recovery on its price chart, Shiba Inu is subtly setting itself up for a breakout. Now that SHIB is above its 200-day exponential moving average, which is frequently a crucial indicator for a change in market sentiment, it has emerged from a difficult period of consolidation and declining pressure.

Shiba Inu (SHIB) has emerged as a focal point for investors and enthusiasts alike. Recently, market analyst Alan Santana provided a bullish outlook for SHIB in a detailed analysis on Trading View.

How many Shiba Inu do you need to become a millionaire? We do the math for the Memecoin.

The popular meme-inspired cryptocurrency Shiba Inu (SHIB) is closing the current week on a bullish note, as signaled by the Bollinger Bands indicator. Developed and named after its creator, John Bollinger, the indicator represents two dynamic lines of average maximum and minimum asset prices and the average, forming a full-fledged range.

The end of the week has turned out to be bullish for the crypto market, according to CoinStats.

Billionaire investor and tech entrepreneur Mark Cuban has sparked ire from the meme coin community with his recent remark, labeling all meme coins as potential exit scams with no real-world utility. His statement conflicts with his public support and love for the OG meme coin, Dogecoin.

Shiba Inu is gradually losing its place in the group of trillionaires. According to on-chain data, whale transactions and trading activity have significantly decreased in recent weeks, indicating a change in the momentum of this well-known meme coin.

Shiba Inu (SHIB) rallied over 5% in the last 24 hours, leaving Dogecoin (DOGE) behind, as the largest meme coin by market cap recorded lesser gains. Onchain data shows that crypto whales, considering the whale activity for both meme coins, seem to be favoring Shiba Inu over Dogecoin at the moment.

Memecoin's latest surge and upside potential could be key for its short term.

Shiba Inu is making waves after wrapping up an astounding 1,000% increase in its burn rate, Shibburn data shows. This has occurred simultaneously with a nearly 7% increase in the value of the meme coin.

Shibburn token tracker, which monitors SHIB burn transactions, has shared that this major metric of the second largest meme cryptocurrency Shiba Inu has been showing negative readings both on the daily time frame and over the last week in total.

Savvy DeFi traders are eyeing Cutoshi, a new memecoin in presale, attracting attention from Shiba Inu and Toncoin investors. #sponsoredcontent

The markets appear to be recovering from the recent bearish action, while the memecoins have been gaining significant strength. While the newly launched memecoins like DOG, POPCAT, MEW, etc. have been surging with huge margins. Besides, the popular ones like Dogecoin, PEPE, BONK, FLOKI, & Shiba Inu are trying to validate a bullish reversal.

Shiba Inu has experienced a massive 24.75% spike in trading volume over the past 24 hours, with $499.29 million.

Based on the mean coin age metric, long-term holders decided to start distribution in August.

Shiba Inu burn rate has soared more than 1000% today, sparking discussion over a potential rally in the SHIB price. Notably, this comes amid a surge of nearly 6% in the meme coin's price, which has sparked discussions in the crypto market.

After testing the crucial 100 EMA support level, Shiba Inu has demonstrated a robust price recovery. Bulls are still actively defending important price thresholds, as indicated by this bounce, and the next 48 hours may be very important in determining the short-term trajectory of SHIB.

Despite being in a downward trend all week, Floki (FLOKI) remains significantly bullish, according to a crypto analyst. Basing his analysis on similarities between past price movements, the analyst has outlined a master plan for Floki, predicting that the popular meme coin and Shiba Inu competitor is set for a 2,000% surge.

The Shiba Inu burn tracking website Shibburn recently revealed how many SHIB tokens were burned in September. The burn rate witnessed an impressive surge compared to the number of tokens burned the previous month.

The cryptocurrency market is once again buzzing with speculation, particularly around Shiba Inu (SHIB). The popular digital asset has reached a critical support level, raising concerns that it could soon add another zero to its current price.

Shiba Inu's (CRYPTO: SHIB) sudden spike in prices thanks to positive macro data has traders hoping for more upside in Q4. What Happened: Shiba Inu is up 10% to $0.0000175 on Friday, outperforming its rival DOGE, which is up 5%.

Here's why SHIB's resurgence could continue in the short term.

If Bitcoin sustains its rebound above $60,000, investor sentiment is likely to improve and attract buyers to altcoins.

Solana (CRYPTO: SOL) meme coin Popcat (CRYPTO: POPCAT) is showing strength, prompting traders to predict more outperformance in the near term. What Happened: Crypto trader Altcoin Sherpa shared his forecast for Popcat, suggesting that the meme coin could witness a significant uptick in value within a week, or even just a few days.

The mysterious Shiba Inu leader famous in the community under the pen name Shytoshi Kusama has surprised the SHIB army by adding radical changes to his bio section on the X platform, which has remained unfilled most of the time until now.

An unknown on-chain anomaly has hit Shibarium, a layer-2 blockchain rollup designed for the ecosystem around the popular meme-inspired Shiba Inu (SHIB) cryptocurrency.

According to recent on-chain data, whale activity has been declining for Shiba Inu. Whales have transacted $26.6 trillion worth of SHIB tokens in the last day, indicating a gradual decline in the market power of these significant holders.

Shiba Inu (SHIB) has recorded an appreciable price surge following its poor start to the month. According to data, SHIB's price at the time of writing stood at $0.00001695, with a 5.78% uptick in the past 24 hours.

Although ‘Uptober' has yet to fulfill its promise for the majority of assets in the cryptocurrency market, it seems to have already started for Shiba Inu (SHIB), as evident in its rally that has seen it over 10% in just 24 hours, making it the second-best daily performer.

Bitcoin and other altcoins held steady after the Bureau of Labor Statistics published encouraging September nonfarm payrolls data. US nonfarm payrolls rebound Bitcoin (BTC) rose slightly to $62,500 while Solana (SOL) jumped by 3% to $140.

This week, we examine Ethereum, Ripple, Cardano, Shiba Inu, and Dogecoin in greater detail. Ethereum (ETH) Ethereum had a difficult week and closed with a 10% loss.

Shiba Inu (SHIB) has faced a rough week, dropping 13% in value. Despite the decline, a group of whales has shown confidence in the leading meme coin, steadily increasing their holdings over the past few weeks.

The Shiba Inu meme cryptocurrency nabbed significant investor attention on Friday, fluctuating considerably after a 14% crash over the past week. Notably, the coin stretched its intraday gains to 5% recently despite the weekly charts showing a fall.

Shiba Inu Coin (SHIB) price, a popular meme coin, is anticipated to climb despite recent market setbacks. While the broader market undergoes minor corrections, Shiba Inu is making notable strides within the meme coin category, indicating robust growth trends.

Shiba Inu might be undergoing a bearish correction, but on-chain data suggests some good news and hints at something positive coming in the next few days. Particularly, on-chain data shows that the activity among large holders has spiked positively in the past 24 hours.