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news-imageFebruary 20, 2025

Shiba Inu (SHIB) Trillionaires Disappearing? Worrying Data

The number of Shiba Inu trillionaires is decreasing in rapid fashion, which could be a signal for the rest of SHIB holders. The on-chain data is certainly not positive, and as large holders decrease their SHIB holdings, the market might see continuous selling pressure.
Publisher: UToday
Sentiment: Negative
SHIB

More News Articles

Negative
cover-imageUToday
February 20, 2025

Shiba Inu Burn Rate Drops to 1.97% in Momentary Lull

Dog-themed cryptocurrency Shiba Inu recently experienced a remarkable surge in its burn rate, a strategy aimed at lowering SHIB's total supply while potentially increasing long-term value. However, after a period of increase, Shiba Inu's burn rate has now taken a breather, settling at just 1.97% in the last 24 hours.

Negative
cover-imageBenzinga
February 19, 2025

Study Shows Reasons Why Bitcoin, Ethereum, Dogecoin, Shiba Inu Plummet From Their All-Time Highs

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).

Negative
cover-imageBenzinga
February 19, 2025

Is The 'Meme-Pocalypse' Here? Dogecoin, Shiba Inu, Pepe, Bonk Open Interest Craters Over 50%

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.

Neutral
cover-imageBenzinga
February 19, 2025

Shiba Inu Long Positions Surge Despite 25% Price Drop Over A Month — Case For Buying This Dip?

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.

Positive
cover-imageTokenpost
February 19, 2025

SEC Acknowledges Grayscale's XRP ETF Application, Bitcoin Sees $1.04B Inflows, SHIB Burns 58M Coins

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.

Positive
cover-imageBenzinga
February 17, 2025

Shiba Inu Coin Burns Over 58 Million Tokens As Weekly Price Increases

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.

Negative
cover-imageUToday
February 17, 2025

468 Trillion Shiba Inu (SHIB) Level: Gone

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.

Positive
cover-imageInvezz
February 17, 2025

Shiba Inu bottoms as whales withdraw billions and burn rate skyrockets

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.

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