Attention, Dogecoin is taking off! October is blazing, November is mysterious: this memecoin continues to shake the stock markets, driving the crypto frenzy.
The cryptocurrency market is mainly falling today, according to CoinStats.
In October, Shiba Inu's (SHIB) price increased by 10%, driving speculation that the token could extend this rally. But as November began, things seemed to have changed.
Dogecoin (DOGE), the eighth largest cryptocurrency by market capitalization, has experienced price fluctuations of late. DOGE's recorded price volatility became pronounced as it crashed from a high of $0.1677 to $0.1569 within 24 hours.
The weekend has started bearish for most of the coins from the top 10 list, according to CoinMarketCap.
Robinhood Crypto now supports Dogecoin (DOGE) token transfers. Users can now withdraw and deposit their DOGE and earn a 1% deposit bonus on the official application until 30 November.
Shibarium's impressive transaction count blowout since the last week of October has sparked excitement in the Shiba Inu ecosystem. However, the daily transaction volumes have since dropped considerably compared to the stunning 4.77 million recorded on that occasion.
The mysterious SHIB lead developer known to the community under the pseudonym Shytoshi Kusama has published a thread on his account on the X social media network (formerly known as Twitter).
Bitcoin's rally slows down near the weekend, top altcoins record double digit gains.
Dogecoin (DOGE) price, a major meme-based crypto, saw a slight rise in intraday trading as it gained momentum for a short-term upward correction. The recent uptick reflects positive buying pressure as DOGE stabilizes near a critical support level, suggesting market resilience.
This week, most meme coins took a breather compared to October's eventful trends, with Dogecoin (DOGE) leading the pack. However, other meme coins didn't fare that well.
Dogecoin fan Elon Musk recently suggested ex-Congressman Ron Paul for a prospective role in his “Department of Government Efficiency.” Musk's endorsement followed Paul's interest in working with him to reduce government spending, hinting at a potential collaboration if Donald Trump once again secures victory in the upcoming US election.
Shiba Inu's price action in November could surprise a lot of people!
Following Bitcoin's recent bullish trajectory, the Dogecoin price has ended October in the green, marking its second-highest monthly returns in October since 2014, according to Cryptorank's historical data. Now, as November unfolds, investors and market experts are eager to see what the month has in store for the popular meme coin.
A prominent crypto analyst has forecasted a potential surge for Dogecoin (CRYPTO: DOGE) in November, sparking interest among traders and investors. What Happened: Popular crypto analyst Ali Martinez has shared insights suggesting that Dogecoin might experience a significant upward trend this month.
The Shiba Inu price has seen a slight decline over the past 24 hours, suggesting that some traders may be taking profits after its recent price rally that peaked at $0.00001972. This dip, however, hasn't dampened the overall bullish outlook for the meme coin.
In a mysterious Growvember post, Shiba Inus lead Shytoshi Kusama hinted at possible developments for SHIB this November, sparking speculation of new releases and staking rewards. The SHIB community is on high alert as Kusama keeps details under wraps.
A widely followed crypto analyst thinks the top meme asset Dogecoin (DOGE) could kick off a parabolic bull run this month.
Dogecoin has had quite an eventful few days in terms of price action, trading volume, trading activity, and interest among investors. Dogecoin led the entire market in inflows, outperforming even Bitcoin in the past week.
Shytoshi Kusama, the lead of the Shiba Inu project, has made a bold request to Ethereum co-founder Vitalik Buterin. Kusama wants 10 minutes of Buterin's time to showcase SHIB's potential.
October has been an eventful month in the crypto market with positive price movements from digital assets. Dogecoin and Shiba Inu, for example, have made a remarkable recovery.
Shiba Inu (SHIB), the meme-inspired cryptocurrency, recently entered a consolidation phase amid a broader market slowdown. Despite current challenges in maintaining stability, SHIB has surged 123% over the past year.
Markets have started to sell-off, and Bitcoin needs to hold $70,000 for the BTC and altcoin rally to continue.
Shiba Inu (SHIB) is showing signs of a potential upward movement, as market analyst Alex Clay identifies a bullish Inverse Head and Shoulders pattern on the daily chart. This technical formation is often viewed as a reliable signal for trend reversals, suggesting that SHIB could be preparing for a significant breakout in the near future.
The anticipated crypto bull run has investors closely watching top digital assets showing strong weekly performances. Recently, with the surging in value, these cryptocurrencies are positioned to double in price as market sentiment improves potentially.
The Shiba Inu burn rate skyrocketed by 252,910% as $100,000 worth of SHIB tokens was burnt in one transaction. This typically presents a bullish outlook for the Shiba Inu price, but the scam detector platform Susbarium has explained to investors why they should be wary of such token buns.
Dogecoin's (CRYPTO: DOGE) recent price drop has traders speculating about entry points in case a bullish rally resumes. What Happened: Trader Crypto Daily Trade Signals highlighted a "cup and handle" formation on Dogecoin's daily chart, a pattern that started in June 2024 with a consolidation phase in October.
The enigmatic Shiba Inu lead developer Shytoshi Kusama has taken to his official account on the X social media platform (widely known as Twitter in the past) to deliver a message to the SHIB army.
Recently, the price of Shiba Inu hit a critical point on the chart at $0.000017, which is just above a crucial support level created by a group of moving averages and a large on-chain cluster of 274 trillion SHIB at the breakeven price level. SHIB appears to be at a turning point; according to the daily chart, any additional decline could send the asset into bearish territory.
With the hype growing around memes, here are the top 10 Memecoins to watch this November 2024, being the top 10 memecoins of October 2024 by monthly performance.
DTX Exchange becomes the ‘bullcoin' of Q4, as the presale soars past $6.3 million. Priced at $0.08, the DTX token has emerged as the ultimate winner of this bull run, outpacing established players like Shiba Inu and Cardano (ADA).
“Dogecoin Killer” Shiba Inu (CRYPTO: SHIB) has seen a sharp increase in its burn rate, accompanied by a rise in daily transactions. What Happened: Over the past 24 hours, the Shiba Inu ecosystem recorded a 254,078.1% spike in its burn rate, with 5.6 billion SHIB tokens burned in a single transaction, according to Shibburn.
Amid the heightened crypto volatility in the last few weeks, Dogecoin (DOGE) price has rallied over 46 percent in the past three weeks to retest a crucial resistance level above 15 cents. The meme lord, with a fully diluted valuation of about $23 billion and a daily average traded volume of around $2.
Currently priced at $0.1606 after a 5% fall on the 24-hour chart, Dogecoin (DOGE) still has surged 50.10% over the past month and climbed 16.36% in the last week.
The recent Dogecoin price action is flashing a familiar signal from 2021, sparking speculation about whether history is poised to repeat itself. Back then, DOGE price experienced a meteoric 15,000% rise, captivating the crypto space.
With the crypto market witnessing almost $100M in short-side liquidations, the bull run chances are increasing amid Q4 rally chances. Further, as the BTC price is inching closer to surpassing the $65k mark as the buying pressure increases, the altcoins prepare to launch a new bull run.
The Shiba Inu (SHIB) ecosystem recorded an unexpected boom in its burn rate in the past 24 hours, as total assets torched soared. Jumps in the burn rate are not uncommon; however, over the past few weeks, only a few thousand SHIB have been sent to dead wallets, making the current billions of SHIB figure a rare occurrence.
This week, we examine Ripple, Binance Coin, Solana, Dogecoin, and Maker in greater detail. Ripple (XRP) The week started well for XRP, but the price action turned bearish on Wednesday, closing the week with a 3% loss.
The Shiba Inu community witnessed a major burn rate spike, yet despite the decreased supply, caution is advised by security experts.
A widely followed analyst and trader is leaning bullish on a blockchain oracle built in the Solana (SOL) ecosystem while offering his outlook on Bitcoin (BTC) and Dogecoin (DOGE).
The X account @susbarium affiliated with the Shiba Inu team has published a warning to the community, drawing its attention to the fact of the massive $100,000 SHIB burn that took place during the past 24 hours – 5,612,878,479 SHIB, according to Shibburn.
Here's what signals that SHIB's correction may end soon.
Everyone's favourite memecoin is in a good place now, but can it go to a better place soon?
Taking advantage of Bitcoin's recent surge above $70,000, Shiba Inu has recently displayed some serious signs of strength. The cryptocurrency market was filled with optimism as a result of Bitcoin going above $70,000, pushing assets like SHIB forward and producing technical signals that suggested potential for future growth.
The Shiba Inu burn rate surged nearly 253,000% today, catching the investors' attention. Notably, the notable jump comes as billions of tokens were burnt in the last 24 hours, indicating a potential rally in the SHIB price.
As Shiba Inu price faces rejection at a crucial resistance level, a top trader has said he is opening a 5X Short leverage position on SHIB, anticipating a 28% crash from the current price. His forecast indicates a strong bearish sentiment, sparking curiosity about what factors could influence this decision.
The cryptocurrency market is experiencing a dynamic shift, with Shiba Inu (SHIB) showing signs of a possible reversal, Solana (SOL) facing a concerning pattern in its momentum, and Bitcoin (BTC) pushing toward an ambitious target of $84,000. As traders navigate this volatile landscape, it's essential to understand the indicators that could influence price movements in the coming days.