Shiba Inu (CRYPTO: SHIB) is trading higher amid a sharp increase in its token burn rate and anticipation surrounding the launch of the TREAT token on Jan. 14. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Shiba Inu (CRYPTO: SHIB) $0.00002165 $12.8 billion +2.6% -7% Dogecoin (CRYPTO: DOGE) $0.3337 $49.3 billion +1.5% -4.3% Pepe (CRYPTO: PEPE) $0.00001772 $7.5 billion +1.5% -14% Trader Notes: Crypto trader Javon Marks observed that Shiba Inu is maintaining its post-breakout momentum, signaling the potential for further gains.

Shiba Inu (SHIB), the dog-themed meme coin, is in rebound mode as the Open Interest has skyrocketed by over 36% in the past 24 hours. This rebound coincides with SHIB breaching the $0.0000211 price level within the same time frame.

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Shiba Inu price remains firmly above the $0.00002 support level. In 2024, Shiba Inu experienced a significant rally, following a bullish trend from early in the year.

TREAT token sees a major list ahead of its much-awaited launch on January 14. Notably, the top crypto exchange KuCoin has recently revealed its plan to list the SHIB ecosystem token on its platform, which has gained significant attention from investors.

A massive 4,100% increase in Shiba Inu's burn rate, removing 21.7 million tokens from circulation, failed to prevent an 11% price decline amid broader market volatility and increased whale activity.

Data provided by an independent tracking platform Shibburn, which accumulates transaction data on Etherscan and then shares it on their website and X account, has revealed a massive SHIB burn rate spike over the last day.

The CMC Crypto Fear and Greed Index has plummeted below 50, reaching its lowest point since Oct. 14. This drop coincides with Bitcoin‘s (CRYPTO: BTC) price slipping under $92,000, marking a notable change in market sentiment.

Renewed investor optimism and interest in Shiba Inu (SHIB) has emerged despite market volatility. This is due to a remarkable 4,100% surge in its burn rate within just 24 hours, resulting in the removal of nearly 21.7 million SHIB tokens from circulation.

Shiba Inu finds itself at a critical juncture as bearish momentum intensifies, putting key support levels to the test. With the $0.00002045 mark under pressure, the token's ability to maintain this level could be decisive in shaping its short-term outlook.

Shiba Inu price, a meme-based cryptocurrency, has experienced a significant drop over the past week. This decline aligns with a broader downturn in the cryptocurrency market.

Shiba Inu (SHIB), the popular meme-inspired cryptocurrency, is currently experiencing a price drop and is trading at $0.0000208, which, according to the Bollinger Bands, is quite close to the "oversold" zone — this is an important moment for traders to keep an eye on.

Shiba Inu (SHIB) price have fallen below the moving average lines. Cryptocurrency price analysis brought by Coinidol.com.

Five whale addresses now control an astounding 57% of the entire supply, or 565 trillion SHIB tokens, which is an interesting development in the on-chain dynamics of Shiba Inu. Considering such a large concentration of funds in the hands of a small fraction of investors is raising questions ahead of potential market volatility.

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The Shiba Inu community has continued their effort in reducing the token's supply from the market but the recent burn rate drop has sparked concerns. According to recent data, the burning rate has declined significantly over the last 24 hours, with SHIB price also witnessing a similar trajectory.

Shiba Inu announces January 14 launch of TREAT token, completing its four-token ecosystem while experiencing market volatility with SHIB trading at $0.00002125, marking a new phase in the project's evolution from meme coin to digital network state.

The SHIB community continues to actively remove meme coins from the circulating Shiba Inu supply. According to the data recently shared by the Shibburn tracking platform, the SHIB burn rate has plunged heavily in the last 24 hours.

Shiba Inu (SHIB) has long been known for its impressive growth, especially during the 2020/2021 bull market, where it soared by an astonishing 150 million percent in just 14 months. While its recent performance has been less spectacular, the SHIB community remains optimistic about its future potential.

After retracing below the psychological $100,000 threshold, Bitcoin has investors wondering if this is a short-term decline or a more substantial change on the market. As of right now, Bitcoin is trading at about $95,933, down 1.04% from the previous day.

The Shiba Inu (SHIB) community was left stunned when Crypto.com, one of the leading cryptocurrency exchanges, moved a massive 32.74 trillion SHIB—worth approximately $390 million—into an unknown wallet. The massive transaction, initially flagged by blockchain tracker Whale Alert, fueled various speculations, including concerns of potential hacks, whale activity, and market manipulation.

Wednesday was another trading session full of losses for all types of cryptocurrencies. Several macroeconomic news items from the previous day continued to push down sentiment, as did rising bond yields.

The Shiba Inu and Dogecoin prices have suffered double-digit losses today, having started the week on a positive note. This price drop has occurred thanks to macroeconomic factors, which present a bearish outlook for these coins.

Crypto's second biggest doge-themed meme coin, the $12.6 billion Shiba Inu ($SHIB), has experienced a significant 2,133% surge in its burn rate, which coincided with a 10% increase in price. The community says these burns are helping $SHIB keep its place among the best meme coins even as the top ten leaderboard gets a reshuffle.

A whale transferred a significant 8.18 trillion SHIB coins worth $195.1 million.

Shiba Inu's Layer 2 solution, Shibarium, has just crossed a huge milestone—over 700 million transactions. This marks a pivotal moment for the network, which is quickly becoming a key player in the Shiba Inu ecosystem.

In recent developments, Stellar (XLM) has surpassed Shiba Inu (SHIB) in the cryptocurrency market rankings. Stellar is ranked 15th among the top cryptocurrencies by market capitalization, with a market value of $13.15 billion, while Shiba Inu has dropped to 16th, with a current market valuation of $12.69 billion.

Shiba Inu lead developer Shytoshi Kusama has recently commented on the utility of SHIB, BONE, LEASH, and the soon-to-launch TREAT token. This has gained notable traction from the investors, as the market participants eagerly await the launch of the TREAT token, expected on January 14.

Shiba Inu coin price has crashed by over 35% from its December high and faces further downside risks as the burn rate and Shibarium fees continue to decline. Shiba Inu (SHIB) retreated to $0.

Dominating the crypto narrative, crypto bears are pushing down on meme coins. However, Shiba Inu, clinging to a crucial support, hints at a bounce back. Will this result in a quick V-shaped reversal?

In the last 24 hours, Shiba Inu's burn rate has surged by an astonishing 4,100%, with a total of 21,709,094 SHIB tokens permanently removed from circulation.

Leading meme coin Shiba Inu has noted a 10% price fall in the past 24 hours. This drop follows a surge in profit-taking by traders, who cashed out a staggering $426 million on Tuesday, its biggest single-day selloff since 2022.

Sellers are dominating today, according to CoinStats.

The cross-border market has witnessed a strong bearish action with major cryptocurrencies recording a double-digit drop. Moreover, the memecoin category is the most affected with an 11.48% drop in the segment's valuation. Following this, Dogecoin and Shiba Inu have both secured a spot in the top losers list.

Shiba Inu (SHIB) price fell sharply on Wednesday, dropping over 10% in the past 24 hours. The decline broke crucial support levels following a market-wide correction that erased gains from the recent bullish trend.

A change in market sentiment is indicated by Shiba Inu's recent decline below a crucial support level. SHIB is currently trading below the 100 EMA and getting closer to the crucial 200 EMA, per the charts.

Finding the next great prospect is an ongoing hunt as the cryptocurrency market enthrals investors. Rexas Finance (RXS) has become a convincing substitute for those let down by Shiba Inu price drop.

The trading volume of Ethereum, the second-largest cryptocurrency by market capitalization, has significantly increased recently. This significant rise is a sign of increased market activity since it implies that traders and investors are participating more actively.

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%.

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.

Shiba Inu (SHIB) trading volume soared, hitting $503 million as anticipation of the TREAT token launch drives activity.

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.

The American crypto exchange Coinbase has increased SHIB's spot trading volume by 1,711%. The rise has been attributed to the SHIB/USD pair on Coinbase, which has generated $13.12 million in trading over the last 24 hours.

Over the past hour, an unusual Shiba Inu (SHIB) acquisition was spotted on-chain. Per data insight from the analytics platform Whale Alert, at least 818,460,000,000 SHIB were moved from the top Singapore crypto exchange Crypto.com.

Here's what signals that SHIB's price could keep rising in the near future.

Rexas Finance shows potential for explosive gains in 2025, echoing SHIB and SOL's transformative 2021 surges. #partnercontent

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.