Dogecoin and Shiba Inu prices have crashed again following their recent upward trend, which led to significant price gains. These price crashes are primarily due to the current macro environment and market uncertainty, which don't favor risk assets like these meme coins.

Shiba Inu's social media marketing expert, Lucie, has addressed the SHIB community with a message, in which she warned them against “gambling” on new crypto tokens at this particular time.

Shiba Inu is back in the meme coin spotlight with a series of surges. But a price correction seems to be on the way. That turns attention to Shiba Shootout, a hot play-to-earn game centered around a crypto wild west.

Data provided by the Shibburn platform, which tracks transactions targeted at reducing the circulating supply of Shiba Inu, shows a gigantic plunge in the SHIB burn rate that has been observed since yesterday morning.

On-chain analytics platform Lookonchain highlighted traders booking significant profits with Solana (CRYPTO: SOL) meme coin Popcat (CRYPTO: POPCAT), which could go higher still, according to analysts. What Happened: One trader executed eight trades since Aug. 20, all of which have been profitable, resulting in a total profit of over $1 million.

This calculated move from the SHIB trader appears to have paid off and he is now holding an unrealized profit of over 67%.

Just recently, an economist predicted that both Dogecoin (DOGE) and Shiba Inu (SHIB) could reach new all-time highs in the upcoming crypto cycle, drawing attention from investors hoping to capitalize on the incoming success. However, while these well-known tokens are expected to make significant gains, this $0.

Dog-themed cryptocurrency Shiba Inu (SHIB) has seen a 109% surge in large transaction volume over the last 24 hours as the market faced profit-taking.

Based on on-chain data showing an increase in whale activity, Shiba Inu looks to be close to a possible recovery. More than three trillion tokens were transferred through major transactions on SHIB in the last day, which represents a notable increase in volume.

Shiba Inu is showing signs that a potential price reversal could be underway. SHIB is currently consolidating after bouncing off important support levels following a protracted downtrend over the previous few months.

A SHIB trader who made history earning $145 million has once again caused up a stir across the broader market, primarily by switching trade positions. On-chain data on Tuesday revealed that the trader swapped his Neiro Ethereum (NEIROETH) holdings for First Neiro on Ethereum (NEIRO), sparking optimism on the token's future price movements.

Shiba Inu (SHIB) is subtly positioning itself for a potential breakout. Recently, SHIB has risen above its 200-day exponential moving average (EMA), a crucial indicator often signaling a change in market sentiment.

Shiba Inu (SHIB) finds itself in a challenging position. Despite initial signs of recovery following a recent market crash, the digital asset has struggled to gain traction, leading to a persistent downturn in its value.

Doggy-themed meme coin, Shiba Inu (SHIB) could be on the verge of a major market downturn as recent data reveals a major crash in the cryptocurrency's whale transaction volume. This sharp decline in whale activity could have far-reaching implications for its price outlook, hinting at a possible decline.

Here's why the meme coin could be on the verge of a substantial price increase.

Crypto analyst Murad Mahmudov predicts a "meme coin super cycle" that could reshape the cryptocurrency landscape in the coming years. What Happened: In a recent podcast, Mahmudov shared his unconventional thesis on why meme coins are poised to outperform traditional crypto assets.

The official SHIB marketing lead, known under the pseudonym Lucie, has take to her account on the X social media tool (widely known as Twitter for more than a decade in the past) to stress the important role that the BONE token plays in the whole SHIB ecosystem, including Shibarium.

Shiba Inu set to continue on its bullish trajectory as the market confirms the second half of its cup and handle pattern.

Why are newer memecoins outperforming the original giants like Dogecoin and Shiba Inu?

In an unprecedented mover, rumors of a Shiba Inu ETF launch looming over the crypto horizon have set the market abuzz. On Monday, renowned on-chain tracker Whales HQ revealed that Wall Street experts anticipate a SHIB ETF launch in the near future.

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.

Is SHIB ready to follow in the footsteps of the rest of the meme coin market and chart even better gains this week?

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.