Shiba Inus whale transactions have sharply decreased, plummeting from typical highs of four trillion SHIB to just 500 billion in the past seven days. This unexpected decline may significantly affect the tokens future price and volatility.
As it gets closer to forming a golden cross, Shiba Inu is exhibiting indicators of a possible breakout. The 50-day moving average crossing above the 200-day moving average is a bullish pattern that frequently results in a substantial increase in market momentum.
Shiba Inu is on the cusp of a significant transformation. Lucie (@LucieSHIB), the marketing lead for Shiba Inu, announced via X on October 17 that the Shiba Inu Decentralized Autonomous Organization (DAO) and the Shib Doggy DAO Foundation are “coming soon,” signaling a pivotal shift toward decentralization and community governance.
Shiba Inu (SHIB) price forecasts are turning bullish, with one popular TradingView user predicting a stunning 400% surge in the coming months and weeks.
On-chain metrics unravel a momentum change, but two gargantuan resistance levels loom in Shiba Inu's upward journey.
Shiba Inu (SHIB) price, a popular meme cryptocurrency, is gaining attention as it shows signs of potential value growth. With the broader cryptocurrency market struggling to maintain momentum, SHIB stands out with notable developments.
The markets are always buzzing with predictions, and the latest one is turning heads. Dogecoin price, a fan favourite, is expected to rally to $1 before December.
The Dogecoin price has rallied by over 7% in the last 24 hours, outperforming Bitcoin and Shiba Inu. This price rally is primarily thanks to the world's richest man, Elon Musk, who continues to support the foremost meme coin indirectly.
SHIB's market cap must rise by approximately 10x for the prediction to come true.
If big investors continue buying Shiba Inu, it could boost interest in the market, helping SHIB break through its price limit and rise higher.
Early Bitcoin adopter Jeremie Davinci has taken to his account on the X social media giant (formerly known as Twitter) to share his take on what he believes meme coins, including flagships Dogecoin and Shiba Inu, can reach in this market cycle in terms of market capitalization value.
The consolidation phase in SHIB price, marked by resistance at $0.000018 and support at $0.000016, has prompted Shiba Inu whales to gradually increase their holdings.
Amid fluctuating price trends in the cryptocurrency market, Shiba Inu (SHIB) continues to experience significant volatility, facing persistent challenges at its resistance levels. Over the past 20 days, the meme coin has encountered rejection six times, raising questions about its ability to break through its current barriers.
As Shiba Inu (SHIB) continues to reign supreme as the second-largest meme coin based on market value, the altcoin is witnessing an impressive holding culture.
Amid increased price volatility in the crypto market, top projects have recorded a significant uptrend with some altcoins recording double-digit gains. However, the Shiba Inu price has repeatedly faced rejection at its resistance level of the trend pattern. Notably, it has repeatedly faced 6 rejections over the past 20 days.
Shiba Inu coin once again caught the eyes of crypto market enthusiasts as SHIB team confirms that the ecosystem is eyeing a transformative shift ahead. On Thursday, the marketing lead highlighted that the Shib Doggy DAO and Foundation launch remains imminent.
Dog-themed cryptocurrency Shiba Inu might be on the verge of a transformative shift that will put power into the hands of real holders. A recent update from Shiba Inu team member Lucie has hinted at upcoming governance milestones, which would mark Shiba Inu's next chapter in the coming days.
The price of Shiba Inu (SHIB) has resumed its uptrend as it pulls back and finds support above the moving average lines. During the initial surge, the altcoin peaked at $0.00002167 before being pushed back.
When market exhaustion sets in, SHIB sees higher daily gains as BTC traders reallocate profits into high-cap tokens.
The growth of altcoins: focus on Shiba Inu (SHIB) and Ripple (XRP).
Shiba Inu's price currently needs help finding a clear direction, with its key momentum indicators signaling a weakening trend and reduced momentum. This indicates a consolidation period for the leading meme coin, where neither bullish nor bearish forces dominate.
Recent whale activity on Shiba Inu has sharply decreased, with large transactions falling to just 500 billion SHIB over the last seven days. This represents a sharp decline from the typical highs of four trillion SHIB and a significant change in the volume of transactions for the token.
Shiba Inu (SHIB) has garnered attention from traders and investors alike. After a period of uncertainty and volatility, recent technical indicators suggest that SHIB may be poised for a bullish trend.
SHIB's burn rate surge and growing network activity are good signs, but is that all?
As the crypto market prepares for another season of explosive growth, there does seem to be the emergence of some investors in search of the next bunch of assets that would change their fortunes the way Dogecoin (DOGE) and Shiba Inu (SHIB) did on their previous surges.
Cryptocurrencies based on internet memes and online communities are jumping to billion-dollar valuations in record quick time, leaving behind corporate America in the process. What happened: A study by cryptocurrency analytics firm Social Capital Markets revealed that some Nasdaq-listed companies took an average of 25-35 years to reach billion-dollar valuations, while meme coin projects like Shiba Inu (CRYPTO: SHIB) and Pepe (CRYPTO: PEPE) achieved a similar feat in less than a year.
The team promised refunds and VIP tickets to guests.
Shytoshi Kusama, the mastermind behind Shiba Inu, has sparked excitement with a surprise visit to Turkey. His location change follows a significant partnership between Shiba Inu and Mass Finance, aimed at reshaping the ecosystems financial infrastructure.
Shiba Inu (SHIB) trading volume has jumped 21% in just 24 hours, hitting $206 million. This sudden increase in market activity is fueling discussions of an upcoming SHIB price rally as the broader crypto market remains bullish.
Shiba Inu executive Lucie has announced SHIB's “game-changing” partnership with Mass Finance. This significant development could help boost Shiba Inu's adoption and onboard new users into the meme coin's ecosystem.
Bitcoin bulls are keen to hit $70,000, but a selloff at this level could trigger a sharp downside in BTC and altcoins.
Shiba Inu (SHIB) price is showing strong upward momentum, with recent gains fueling optimism in the market. The popular meme cryptocurrency is seeing increased attention as it trades within a bullish trend, signaling potential for further growth.
A new study has highlighted how meme coins have achieved billion-dollar valuations at a pace that far outstrips traditional Nasdaq-listed companies. What Happened: The report reveals that while many established corporations took 25-35 years to reach billion-dollar valuations, meme coins like Shiba Inu (CRYPTO: SHIB) and Pepe (CRYPTO: PEPE) managed to hit these milestones within months, reshaping conversations around value creation in modern financial markets.
A leading analyst has forecasted that Shiba Inu may surge by 400%, elevating its price to $0.000074. This prospective increase is supported by recent price movements and significant technical indicators.
Shiba Inu (SHIB) is once again at the forefront of market discussions. Despite some recent positive movements, the outlook for SHIB remains muddled, with mixed signals that have traders and enthusiasts alike wondering what the future holds.
OKX crypto exchange has announced a new lineup of trading pairs involving Shiba Inu's BONE, EIGEN, and TURBO tokens. These tokens will now be available for trading with USDC, a stablecoin pegged to the U.S. dollar.
It appears that bullish sentiment has returned to the Shiba Inu (SHIB) community. The trading volume of the popular meme coin has surged by 21.21% in the last 24 hours, according to CoinGlass.
Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) are surging, with the former benefitting from social media chatter about Elon Musk heading a “D.O.G.E” department. What Happened: Dogecoin, Shiba Inu and Dogecoin-themed cryptocurrencies have performed exceptionally well over the past 24 hours: Cryptocurrency Price Market cap 24-hour trend 7-day trend Dogecoin $0.1256 $18.386B +11.2% +15.1% Shiba Inu $0.00001875 $11.04B +5.2% +7.2% Department Of Government Efficiency (D.O.G.E) $0.026 $25.68M +122.4% +152.4% Also Read: Dogecoin's On-Chain Data, Chart Patterns Flash Bullish Signals: This Top Analyst Thinks It's A ‘Buy' Trader Notes: Crypto analysts are speculating on the potential impact of a Trump victory in the upcoming U.S. presidential election on certain cryptocurrencies, particularly those associated with the “DOGE” narrative.
Shiba Inu (SHIB) analysis, highlighting key resistance and support levels, offers insights into potential price movements for the week ahead.
Shiba Inu enthusiast from Japan, @kuro_9696_9696, has spotted that the pseudonymous SHIB lead developer Shytoshi Kusama has changed his geo location status on X and drew the attention of the community to this fact in his recent X post.
Let's have a quick look at some of the technical factors for SHIB that may give us an indication of what's next for its price.
Cryptocurrency prices bounced back this week, with Bitcoin surging to over $67,000, and the crypto fear and greed index approaching the greed area of 60. Bitcoin is approaching the important resistance point at $70,000, raising the possibility that it will retest the all-time high of $73,800.
Ethereum, which has seen a strong uptick in the past day, made one of the biggest returns on the cryptocurrency market during Q4. Following weeks of sluggish recovery, Ethereum's price has experienced a sharp increase, and it is currently exhibiting the strongest revival since the start of the quarter.
The cryptocurrency space is beginning to heat up as Shiba Inu bulls are priming to take their positions in the market. However, this emerging Ethereum-based token, ETFSwap (ETFS), is capturing the attention of crypto enthusiasts with its prediction of 20000x gains before 2025.
The cryptocurrency market has been showing concerning signs of market activity for investors. Alarmingly, Shiba Inu (SHIB) and Ripple (XRP) have experienced downward price trajectories recently.
Shiba Inus (SHIB) burn rate has rocketed by a staggering 7,911%, wiping 281 million tokens out of existence. As SHIBs circulating supply shrinks, the tokens price is gearing up for an explosive move past the $0.00002 resistance level.
Shiba Inu's quest to slash circulating supply is paying off since the ecosystem's burn rate recently hit an astonishing 18,592%, according to Shibburn data.