Dog-themed cryptocurrency Shiba Inu (SHIB) has seen a 764% surge in large holder netflows, sparking speculation that whales may be making a comeback.

Shiba Inu price saw a massive price increase in 2021 when Vitalik Buterin burned 410 trillion SHIB tokens sent to him by developers. This burn process led to SHIB erasing three zeros from its price within a short time.

Shiba Inu saw a minor price increase, which raises recovery expectations, but a closer look at the chart shows there is not much of a foundation for a full-blown bullish retrace. SHIB's longer-term future does not look as bright as one would like to see.

The Shiba Inu (SHIB 1.83%) cryptocurrency could have turned an investment of just $1 into over $1 million between Jan. 1, 2021, and Oct. 28, 2021. That's right -- after opening at a price of $0.00000000008 per token that year, it soared by more than 100,000,000% to a record high of $0.000086 in just 10 months.

Market reactions will determine if burns can stabilize SHIB's price or if further action is required.

Shiba Inu (SHIB) bulls are nervously prodding the price higher early on Thursday as traders await Friday's highly anticipated White House crypto summit that could reveal the launch of a US strategic Bitcoin reserve. The post Shiba Inu Stuck In a Downtrend – SHIB Price Collapse Coming? appeared first on Cryptonews.

Over the past year, Bitcoin has remained one of the few stable forces in the crypto market, marking significant growth. In contrast, many altcoins, including Shiba Inu (SHIB), have struggled to maintain momentum.

Trading volume for Shiba Inu is rising significantly, but the conditions surrounding this upswing are not encouraging. Although a spike in volume frequently indicates increasing momentum and interest, the fact that it appears during a downtrend should be interpreted differently.

Shiba Inu (SHIB) price a popular meme-based coin, holds above the $0.000013 support level. The price has seen slight gains in the past 24 hours as market sentiment improves.

The Shiba Inu futures' open interest has been in the spotlight in the past 24 hours as the broader market momentum shifted positively. Per data from CoinGlass, open interest has jumped by over 6% in 24 hours.

Few things have been stable on the cryptocurrency market over the past 12 months, except for the rise of Bitcoin. If you compare the prices then and now, only the main cryptocurrency has shown any significant growth over this period.

Pi Network's subscribers base on X may soon exceed Dogecoin's (DOGE).

Shiba Inu (CRYPTO: SHIB) is benefiting from renewed optimism in crypto markets, but technical analysis suggests caution despite rising burn rates. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Shiba Inu (CRYPTO: SHIB) $0.00001324 $7.8 billion +5.4% -6.7% Dogecoin (CRYPTO: DOGE) $0.2019 $29.9 billion +6.6% -2.3% Pepe (CRYPTO: PEPE) $0.057123 $2.9 billion +6.4% -12.4% Trader Notes: According to TradingView's technical analysis, SHIB's Relative Strength Index (RSI) sits at 38.5, indicating oversold conditions.

The Shiba Inu (SHIB) community has again shown its dedication to lowering the token's overall supply. According to Shibburn data, 39,185,585 SHIB tokens were burned in the last 24 hours, resulting in a staggering 5,440.85% surge in the daily burn rate.

The combined digital currency ecosystem has pared off its losses from the past week after a swift rebound pushed Bitcoin (BTC) and altcoins like Shiba Inu (SHIB) to a new monthly high. Shiba Inu, in particular, has recovered from its worst sell-off earlier in the week and is now changing hands for $0.00001309, up by 3.33% in the past 24 hours, per data from CoinMarketCap.

Shibburn, a leading on-chain data tracker for Shiba Inu (SHIB), reported a massive burn transaction that removed 20 million SHIB from circulation. This transaction, carried out by an anonymous whale, contributed to todays total burn of 20,794,281 SHIB, marking a 34.24% increase in the daily burn rate.

Shiba Inu (SHIB) recently attempted to break above the 26-day Exponential Moving Average (EMA), but the move was a fakeout, trapping bullish traders before the price retraced. Currently, SHIB is trading around $0.00001410, lacking strong upward momentum.

Shiba Inu (SHIB) price has been consolidating after the recent crypto market correction. However, analysts see signs of a rebound, indicating a potential bullish trend.

Shiba Inu (SHIB) has been facing a difficult period in the cryptocurrency market, with its price nearing a critical point where it could lose even more value. Once a top contender in the coin space, SHIB is now under intense selling pressure, erasing most of its recent gains and trading at its lowest levels in months.

March appears promising for Bitcoin and the broader cryptocurrency market, as a handful of bullish events and historic market patterns are expected to occur in the coming weeks.

Popular onchain data platform Shibburn, which tracks SHIB burn transactions on the Ethereum chain and then shares the details on its website and its X handle, has noticed a massive SHIB transaction which proved to be a burn transfer.

The Dogecoin and Shiba Inu prices have witnessed double-digit crashes in the last few days, sparking a bearish sentiment for the foremost meme coins. This price decline has occurred due to several factors, including Trump's tariffs on Mexico and Canada.

Meme coin battle heats up as Catzilla rises with a 700% ROI potential, challenging SHIB's dominance. #partnercontent

Shiba Inu (SHIB), the dog-themed meme coin, has posted a rebound in its price action after witnessing intense volatility in the past seven days. SHIB dipped to a low of $0.00001238 from a high of $0.00001512 within this time frame.

The rates of coins keep going down today, according to CoinStats.

The pseudonymous marketing expert of the Shiba Inu team, known to the crypto community as Lucie, has addressed the SHIB army regarding the current market decline.

Two popular meme coins, Shiba Inu and Pepe Coin, have experienced a substantial drop in value, leaving many reeling. Investing in these currencies today is akin to putting your investment at risk, with minimal potential for recovery.

Shiba Inu News: SHIB marketing lead Lucie recently revealed why the crypto's team is not making any major announcements amid the broader market crash. Notably, Lucie has reflected a gloomy outlook surrounding poor market conditions on X this Tuesday, deeming it to be the reason for no latest advancements.

The wandering dog of crypto seeks refuge, torn between a heavenly ascent and an abyssal fall, as the market oracles whisper uncertain prophecies.

The price of Shiba Inu is about to drop by another zero due to strong selling pressure. After battling for months, SHIB has lost the majority of its previous gains and is now at its lowest point in recent history.

Shiba Inu (SHIB) is set for a major price move, with AI predicting a 97% surge by March 2025. But is it the right time to invest amid rising scams?

Cryptocurrency prices were on edge on Tuesday, mirroring the performance of American stocks. Bitcoin price plunged to $84,000, a big drop from the weekend high of over $100,000. The total market cap of all cryptocurrencies tracked by CoinMarketCap plunged by over 10% to $2.77 trillion, while liquidations jumped.

The cryptocurrency market's focus has once again shifted to Bitcoin as it looks to regain its bullish momentum. A significant recovery ensued following a steep correction that saw Bitcoin momentarily fall below $92,000, driven by the U.S. announcement of a strategic crypto reserve.

Shiba Inu (SHIB), the popular dog-themed cryptocurrency, has shown signs of recovery, with its profitability increasing to 40%. This is a notable improvement after it recently dropped to a low of 18%.

Shiba Inu ecosystem's main pair of tokens SHIB & BONE could serve as gas fee payment options on Ethereum.

Mutuum Finance (MUTM) is quickly becoming one of the top performers, set to unseat leading meme coins like Pepe Coin (PEPE) and Shiba Inu (SHIB). At the time of press, Shiba Inu is trading at $0.00001413 and Pepe Coin at $0.0000074.

Shiba Inu (SHIB) investors were left stunned after the cryptocurrency experienced what seemed like a promising breakout, only to face a sharp reversal. The price briefly surged past the critical resistance level of $0.000014, triggering excitement among traders, but it quickly fell back below that mark, leading many to wonder if this price movement was merely a “fakeout.

"Always verify the handle and followers," Shibarium Trustwatch advised.

As became known thanks to on-chain data from Arkham Intelligence, an unknown Shiba Inu (SHIB) whale deposited all their meme coin holdings to Coinbase just 10 hours ago. Thus, almost 174.6 billion SHIB, which is roughly equal to $2.53 million, ended up in the hot wallet of the leading U.S. cryptocurrency exchange, sent there by the address "0x45492.

Dog-themed cryptocurrency Shiba Inu (SHIB) is showing signs of recovery, with the percentage of holders "in the money" returning to 40%, a significant rebound from its recent low of 18%. This marks a turnaround in market sentiment, suggesting renewed investor confidence in the dog-themed coin.

Shiba Inu price faces bearish pressure despite the broader crypto market recording a relief rally over the weekend. SHIB has lost over $1 billion in market cap in the last month, and even as analysts forecast a potential rally, Shiba Inu Coin (SHIB) continues to face bearish headwinds, including a drop in the burn rate

When Shiba Inu tried to break out at the $0.000014 level, it was abruptly rejected, resulting in what now seems to be a classic fakeout. A deeper decline in the upcoming sessions is a concern as a result of SHIB's inability to maintain momentum after the price spike above this crucial resistance level initially suggested a possible bullish continuation.

The U.S. Securities and Exchange (SEC) Commission, on February 27, under the Division of Corporate Finance, announced that meme coins are not securities, claiming that they don't have any underlying value or function.

Shiba Inu price has remained in a deep bear market this year as it crashed by over 55% from its highest level in November. SHIB token was trading at $0.00001455 on Monday morning, and is hovering near its lowest level since September last year.

Shiba Inu (SHIB) has recently seen some positive momentum following a rough period where its value dropped to $0.00001305 on February 28, 2025. However, SHIB demonstrated resilience by bouncing back above the $0.000014 mark shortly afterward.

Shiba Inu (SHIB) has captured the attention of many investors looking to retire early. With its dramatic price fluctuations, SHIB presents a unique opportunity for those seeking a life-changing return on their investments.

The Shiba Inu (SHIB) community witnessed a major token burn, with 14,372,556 SHIB permanently removed from circulation in a single transaction. Token burning involves sending tokens to an inaccessible dead wallet, reducing supply to create scarcity and potentially drive value.