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news-imageJanuary 7, 2025

Why Shiba Inu Is Plummeting Today

Shiba Inu (SHIB -9.94%) is seeing big sell-offs in Tuesday's trading. The cryptocurrency's token price was down 8.2% over the last 24 hours -- a period that also saw Bitcoin's price fall 5% and Ethereum's price fall 7.4%.
Publisher: The Motley Fool
Sentiment: Negative
SHIB

More News Articles

Positive
cover-imageCoingape
January 7, 2025

Is a Shiba Inu Price Recovery Looming As Whales Move $39M?

Shiba Inu (SHIB) has recently drawn attention as large-scale transactions involving the token were spotted on-chain. According to Whale Alert, a blockchain analytics platform, more than 1.6 trillion SHIB tokens, worth about $39 million, were transferred from Crypto.com to anonymous wallets.

Negative
cover-imageBenzinga
January 7, 2025

Dogecoin Down 6%, Shiba Inu Slumps 8%: What Is Going On?

Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) are falling on Tuesday, as Bitcoin finds itself trading back below $98,000. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin (CRYPTO: DOGE) $0.3669 $54.12 billion -5.8% +12.9% Shiba Inu (CRYPTO: SHIB) $0.00002253 $13.3 billion -7.9% +3.9% Pepe (CRYPTO: PEPE) $0.00001906 $8 billion -9.8% -10.4% Trader Notes: Crypto chart analyst Ali Martinez flagged a sell signal on DOGE's daily chart, predicting a potential price correction.

Positive
cover-imageCoinPedia
January 7, 2025

Time to Buy Shiba Inu? Whale Moves 8.18 Trillion SHIB

Amid the ongoing market recovery, Shiba Inu (SHIB), the world's largest crypto meme coin, is poised for massive upside momentum. The potential reasons for this bullish speculation include recent SHIB transactions from exchanges to wallets, ongoing consolidation following a breakout, and the presidential inauguration. Crypto Whale Moves 8.

Positive
cover-imageThe Currency Analytics
January 7, 2025

Shiba Inu Targets $0.000066651 with Bullish Momentum

Shiba Inu (SHIB), one of the most talked-about tokens in the crypto world, is showing signs of a potential breakout. Analysts have identified bullish patterns in SHIB's price movement, suggesting the token could target a significant rally to $0.000066651.

Positive
cover-imageCoinPedia
January 6, 2025

BONK Defies DOGE, SHIB, PEPE, Eyes on 45% Rally

BONK, the popular Solana-based meme coin, is poised for a massive rally as its price action, recent market sentiment, and continuous token accumulation support its bullish outlook. As of today, January 7, 2024, BONK, with all this bullish momentum, has outperformed major meme coins like Dogecoin (DOGE), Shiba Inu (SHIB), Pepe (PEPE), and others.

Neutral
cover-imageBeInCrypto
January 6, 2025

Shiba Inu (SHIB) Tests Resistance Amid Waning Bullish Momentum

Shiba Inu (SHIB) has surged nearly 14% in the past week, bringing its market cap to $14 billion and solidifying its spot as the second-largest meme coin after DOGE. While the recent rally signals strength, SHIB's RSI indicates a moderate bullish phase, leaving room for additional gains if momentum builds further.

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