The dog-themed cryptocurrency Shiba Inu (SHIB) witnessed a notable surge in whale activity, with 6.47 trillion tokens transacted in just 24 hours. This 150% spike highlights increased interest among major holders as Shiba Inu approaches key resistance levels amid a broader crypto rally.
With a pivotal Golden Cross imminent, Dogecoin is stirring excitement in the crypto world. Kevin Capital foresees a stretch to $1.80, contingent on Bitcoins performance, while Dima James raises the stakes, envisioning DOGE reaching $10 if historical patterns repeat.
As it continues the altcoin rally, Shiba Inu is drawing market attention with a notable price recovery. Many traders have shifted their attention to promising altcoins like SHIB as a result of this upward movement, which coincides with Bitcoin's dominance approaching a crucial 60% level.
After a notable rally, Dogecoin can soar 50% in the coming days.
Dogecoin has continued its bullish momentum into the weekend, registering a 31% gain to push its price to $0.28. The present price is the highest the token has ever witnessed since November 2021.
Shiba Inu has experienced a notable increase in large transactions, raising questions about its price trajectory.
Bitcoin, the leading cryptocurrency, soared to a new all-time high of $80,100 on November 10, triggering a broader market breakout. While most major altcoins followed the same momentum, the meme cryptocurrency experienced a high-momentum rally driven by its inherent volatility and appeal among speculative traders.
Several tailwinds are helping to fuel optimism in crypto, including the lovable meme coins inspired by the likes of Dogecoin and Elon Musk.
Shiba Inu has surged following lead developer Shytoshi Kusama's proposal for a strategic blockchain innovation hub in the U.S. The announcement coincided with a major price pump for Shiba Inu (SHIB).
Shytoshi Kusama, the pseudonymous lead developer of the Shiba Inu network, has revealed plans to propose to the new presidential administration the creation of a “Strategic Hub for Innovation and Blockchain” (S.H.I.B.) in a US city.
Shiba Inu (SHIB) are starting to gain traction alongside Bitcoin's price surge. Bitcoin has been setting new all-time highs almost daily, drawing attention from both retail and institutional investors.
The leading canine-themed cryptocurrency, Dogecoin (DOGE), today overtook Ripple-promoted XRP and Circle's USDC stablecoin to become the sixth-most valuable crypto in the world. DOGE's upsurge is fueled by positive sentiment around the crypto's endorsement by tech billionaire Elon Musk following Donald Trump's landslide win in the U.S. Presidential elections.
Investors are keenly eyeing the next big opportunity as the cryptocurrency landscape evolves. The Shiba Inu price has captured attention with its vibrant community and meme-driven appeal, positioning itself for a potential rally in the upcoming market surge.
Shiba Inu developer Shytoshi Kusama has proposed the establishment of a Strategic Hub for Innovation in Blockchain (SHIB) in the US as a Silicon Valley for the blockchain industry. In a post on X, Kusama noted that his proposal aligns with Donald Trump's plan to build 10 new tech-focused cities.
During the Sunday trading session, the crypto market witnessed a massive inflow as Bitcoin prices hit a new high of $80,137. The buying pressure extended the recovery trend to mostly major altcoins, including SHIB.
The past week marked the most bullish period for the market since early March, as the global crypto market cap surged to $2.85 trillion by the weekend. Bitcoin (BTC) spearheaded the rally following Donald Trump's victory in the U.S.
Dog-themed cryptocurrency Shiba Inu (SHIB) is showing impressive momentum, rising nearly 50% in the last 24 hours.
With bitcoin climbing 4.5% over the past day, the godfather of meme coins, dogecoin (DOGE), has leapt over 20% in the same 24-hour period. Dogecoin Frenzy: Massive 127% Monthly Gain Sends DOGE to the Top Dogecoin is soaring Sunday morning at 9:44 a.m. EDT, climbing 20.5% against the U.S. dollar.
The Dogecoin price action since the beginning of the week has been nothing short of impressive. Notably, the price of Dogecoin has doubled in the past 30 days, with price data highlighting a 115% increase within this time frame.
SHIB trades at its highest level since June this year.
DOGE to the moon? It's looking better than it has since 2021 as Dogecoin surges 65% on the week on Elon Musk and Donald Trump hype.
DOGE's run has now taken it to well over $0.24.
As questions swirl around whether Donald Trump could use bitcoin to "wipe out" U.S. debt, Musk has called U.S.
The crypto industry is reveling in bullish sentiment, with most meme coins also participating in the action. Notably, a crypto analyst on the TradingView platform has dropped an interesting 160% bullish outlook for a meme coin, and it's neither Dogecoin nor Shiba Inu.
DOGE prices zoomed a further 14% on Sunday, pushing the token above XRP to make it the seventh-largest by market capitalization.
The beginning of an alt season rally is suggested by recovery signals displayed by Ethereum, Dogecoin and XRP. Given that Bitcoin's market share recently reached 60% some analysts think this could mark a sea change for altcoins and possibly the beginning of a time when major altcoins outperform Bitcoin in terms of percentage gains.
Recently Shiba Inu has outperformed Ripple's XRP with a remarkable 20% price rally, outpacing XRP's more modest 4% gain. This striking disparity demonstrates SHIB's recent momentum, which has been driven by heightened investor interest and meme coin growth in general.
In an exciting development, Robinhood Crypto has announced that Shiba Inu (SHIB) transfers are now available on its platform.
Dogecoin (DOGE), a dog-themed cryptocurrency, has overtaken XRP in market capitalization following a significant price surge in the past week.
Blockchain tracking platform Whale Alert, which tracks down large cryptocurrency transfers, has spotted an astounding Dogecoin transaction made by an anonymous whale from a popular investment and trading app.
Can Dogecoin reach $3 or even $10? Analysts weigh in on DOGE's market cycle, highlighting key resistance levels and upcoming trends in 2025. The post Dogecoin Price Forecast: Can DOGE Hit $3 with Golden Cross on the Horizon? Analyst Weighs In appeared first on Cryptonews.
DOGE has more than doubled in price in the past month.
Cryptocurrency prices continued booming during the weekend as Bitcoin surged to a new record high of $78,675, pointing to more gains to $80,000 soon. The total market cap of all coins has jumped to over $2.7 trillion, and analysts expect that this valuation will get to $3 trillion soon.
Experts are confident that Shiba Inu could potentially undergo a massive price surge on the back of a positive overall outlook on cryptocurrency. Donald Trump's victory in the recently concluded US election brings waves of optimism in the cryptocurrency market which SHIB Inu can ride on to propel it to a 306% price hike.
Crypto analyst Trader Tardigrade has highlighted a similarity between the Dogecoin price action and that witnessed in 2020. The analyst further revealed what happened the last time this pattern formed on the Dogecoin chart and what to expect.
How far away is the memecoin's next price rally? That depends on a few factors
Following an impressive 46% rally in recent days, Dogecoin (DOGE) has been making waves in the crypto landscape. It now appears that the meme coin is poised for another massive rally in the coming days, as it has formed a strong bullish price action pattern on its daily time frame.
Shiba Inu (SHIB), the popular and second-largest meme coin, is now poised for a significant upside rally after consolidating for more than six weeks. It has been observed that while top crypto assets experience notable upside rallies, SHIB remains in a consolidation phase and appears to be struggling.
The rivalry between Shiba Inu (SHIB) and Dogecoin (DOGE) continues to rage, making headlines and becoming a top discussion among crypto community members. Recently, Investment firm Sistine Research unveiled a Shiba Inu chart analysis, which suggests that SHIB might be poised to outperform DOGE in 2025.
Shiba Inu's Layer 2 scaling solution, Shibarium, is rapidly gaining traction, and it's now on the verge of hitting a significant transaction milestone. Over the past few weeks, Shibarium has seen remarkable growth, with daily transaction counts averaging 4 million.
Analyst Olivier has indicated that the Dogecoin price could be only a few weeks away from a new all-time high (ATH). The analyst further revealed what must happen between now and then so the meme coin could surpass its current ATH of $0.73.
According to data from Shibburn, on November 9, the burn rate of Shiba Inu showed a 1323.66% increase, resulting from the destruction of 34.91 million tokens. As a result of this significant rise in the burn rate, the total supply of the meme token has decreased to 589.26 trillion SHIB. 110.
The Dogecoin price is currently enjoying a bull run, especially considering its gains over the past few weeks. This has led to discussions on how high the meme coin could rise in this market cycle, with $3 a possibility.
Dog-themed cryptocurrency Shiba Inu (SHIB) has recently seen an increase in large transaction volumes, with a total of 6.47 trillion SHIB tokens or $123.18 million being transacted in the last 24 hours.
Dogecoin (DOGE), the largest meme cryptocurrency by market capitalization, saw an incredibly successful week. As meme coins benefit the most from the crypto recovery, Dogecoin (DOGE) became the best performer amid all large-caps.
Shiba Inu (SHIB) might be gearing up for a notable leg-up thanks to the formation of a bullish pennant consolidation.
In massive transactions, a whopping 1.6 trillion Shiba Inu (SHIB) tokens have recently been transferred to the major U.S. crypto exchange Coinbase. According to blockchain data tracker Whale Alert, three major transactions were responsible for this massive move.
Dog-themed Shiba Inu (SHIB) has recorded a spike in burn rate as the meZXcoin battles to breach key price resistance levels. In the last 24 hours, the burn rate has skyrocketed by a staggering 1,323%.