Shiba Inu, one of the biggest meme coins, has ended up among the worst-performing tokens over the past 24 hours after losing more than 3%, according to CoinGecko data.
Popular analyst Rekt Capital believes that the next few months could be life-changing as the market is breaking out of a long downtrend. If this breakout is confirmed, we could see the altcoin market shoot up and try to hit the $780 billion mark.
Veteran trader Peter Brandt says that Dogecoin (DOGE) is set for more upside price action after printing a textbook breakout pattern. Brandt tells his 741,000 followers on the social media platform X that DOGE is in the middle of breaking out from a nearly seven-month-long downward channel.
Whales have dived into Dogecoin, and boom, 1.4 billion DOGE on the menu. It's going to bubble up!
The crypto universe draws another week to a close with attention-nabbing developments unfolding across the industry. Former Binance CEO CZ (Changpeng Zhao) was released from prison, whereas Bitcoin (BTC) and altcoins maintained a bullish stance over the past seven days.
Dogecoin's price action has been incredibly strong as the meme coin scene explodes with massive gains amidst inflows into the crypto market. The meme coin's rally was underscored when it recently surged past the $0.12 mark, confirming a bull breakout from a multi-month downtrend.
In contrast to the investor's fear, September has turned out to be very bullish, especially for the Shiba Inu, as it has surged to a three-month high. It happened after the crypto market began to rise following the Fed 50 bps interest rate cut.
Doggy-themed meme coin, Shiba Inu (SHIB), could be gearing up for a major rally to new all-time highs this bull cycle. Given the cryptocurrency's recent bullish performance, analysts predict that Shiba Inu can surge above its all-time high of $0.000086.
Crypto veteran Peter Brant has become bullish on Dogecoin (DOGE). At the same time, Shiba Inu (SHIB), the second-largest meme coin's outlook is also bullish.
Shibarium has emerged as one of the major beneficiaries of SHIB's latest uptrend.
Dogecoin (DOGE) whales are back, grabbing the spotlight in the crypto sphere with a recent 1.4 billion DOGE buying spree. This huge buy comes as chart expert Peter Brandt spots a technical pattern that indicates a potential breakout on the horizon.
Shiba Inu has been shining this week. The second-largest meme coin emerged as the top gainer in a roundup of the top 10 crypto assets, with an impressive 36% gain over the past week.
Shiba Inu (SHIB) traded subdued on Thursday amid a quiet broader crypto market. However, despite a notable decline from its March peak of around $0.000045, SHIB has demonstrated resilience.
5 newly-launched memecoins skyrocketted towards billion-dollar valuation since the US Fed rate cut on Sept 18. Will they challenge SHIB and DOGE in Q4 2024?
In the past week, meme coins have been on a roll, with shiba inu (SHIB) leading the top five pack, gaining 35.5% against the U.S. dollar over seven days. However, the real standout was MOODENG, the meme token inspired by a baby pygmy hippopotamus from Thailand.
Shiba Inu, Pepe, and Dogwifhat led the top weekly market gainers as the total meme coin market cap rose 25%, surpassing $55 billion. Leading the weekly gainers, Shiba Inu (SHIB) surged 39% to $0.
Yes, Shiba Inu (SHIB) can drop a zero from its price in 2024, provided it can rally more than 400% from the current level of $0.0000199. However, can SHIB rally 400% in 2024?
Dogecoin co-founder Billy Markus, who goes by the name Shibetoshi Nakamoto on X, recently reacted to a take on Ethereum price.
Analysts predict a possible surge of up to 1,150%, as bullish trends gain strength. Could DOGE be gearing up for a major breakout?
Dogecoin broke above a bullish pattern, and this could soon result in a 100% price rally.
Lucie, Shiba Inu's marketing lead, has shared a crucial development in the Layer-2 blockchain Shibarium. The marketing lead highlighted that the ecosystem had recorded a significant achievement as its total value locked (TVL) hit an all-time high (ATH).
Shiba Inu (SHIB) has seen a massive surge in trading activity this week, with its trading volume in the last 24 hours hitting an impressive $1.46 billion, equivalent to 74 trillion SHIB, according to data from CoinMarketCap.
Memecoin supercycle seems far from over after the recent altcoin surge.
Dogecoin is trading above $0.12 after a 20% pump over the past two days, reigniting investor enthusiasm. The meme coin had been struggling to break past the $0.11 mark, leaving investors frustrated as other cryptocurrencies surged.
Dog-themed cryptocurrency Shiba Inu surpassed the $0.00002 price point for the first time since mid-June during Friday's trading session, reaching highs of $0.00002169. Bulls attempted to extend Shiba Inu's four-day surge in Saturday's trading session with price reaching highs of $0.00002146.
A well-known crypto expert, Unipcs aka the Bonk Guy, in a recent X post noted that Shiba Inu has just hit a 3-month high. He speculates that meme-based tokens, like Shiba Inu, will insanely surge in the coming weeks. Shiba Inu's price pumped to a three-month high yesterday.
Dogecoin price has seen a notable surge over the past week, largely influenced by endorsements from Elon Musk. The spike in value coincides with Musk's active participation in the U.S. political scene, particularly his support for Donald Trump's presidential campaign.
Elon Musk, CEO of Tesla, reiterated his support for US presidential candidate, Donald Trump, and his favorite crypto, Dogecoin (DOGE), in one post. The post also referenced Trump's proposed plan for a government efficiency commission led by Musk if re-elected.
As Bitcoin broke the $65,000 barrier, altcoins like SHIB, W, and SEI rallied, fuelled by bullish market sentiment.
The pseudonymous social media marketing lead of the SHIB team known to the community as Lucie has boasted another milestone reached by Shiba Inu. This time, it was featured by fund management giant Grayscale in its weekly report.
Veteran commodity trader Peter Brandt recently drew attention to Dogecoin (DOGE), the largest meme-based cryptocurrency by market capitalization, suggesting a potential bullish breakout. Brandt shared a DOGE/USDT chart in a post on X, pointing to a breakout DOGE has recently achieved from a descending channel that the asset has been stuck in for over half a year.
SHIB has been skyrocketing lately, adding 42% of value in a week.
"While theoretically possible, several factors would have to align to achieve such a substantial jump before the end of 2024," the chatbot estimated.
Evaluating DOGE's next move after retesting Q3 support-turned-resistance.
Dogecoin (DOGE) whales are returning, taking the spotlight in the crypto market with a recent 1.4 million DOGE purchase worth over $140 million. This massive buy has caught the attention of the broader crypto community, triggering possibilities of a bullish turnaround for the popular meme coin.
Data shows metrics related to Shiba Inu have seen rapid growth alongside the meme coin's 34% surge, a potential sign that FOMO is developing among investors. Shiba Inu Has Seen An Uptick In Activity With Its Latest Rally In a new post on X, the analytics firm Santiment has discussed how the various indicators related to Shiba Inu have looked while its price has shot up 34% over the past week.
The price of Dogecoin has failed to live up to expectations with the continuous sideways movement that has plagued the meme coin. This has led to mixed signals on the chart, making it hard to pinpoint where the altcoin's price might be headed.
Shiba Inu is experiencing a notable price breakout, surging over 19% and positioning itself toward the critical resistance level of $0.00002631. This significant rally indicates a shift in market momentum, characterized by robust buying pressure and increased trading volume.
A giant new stimulus package in China mixed with a recent Fed rate cut is fueling demand for the more speculative corners of a speculative market.
Dogecoin ($DOGE) whales have amassed over 1.4 billion tokens in just 48 hours to add more than $140 million worth of the largest meme-inspired cryptocurrency by market capitalization to their wallets.
Shiba Inu (SHIB) price, a popular meme coin, has recently experienced a significant rise. Currently, SHIB is trading along an upward trajectory.
Bitcoin's break above $65,000 and solid buying in-the-spot BTC ETFs have traders convinced that the bull market is back in full swing.
Shiba Inu has surged over 20%, nearing a key resistance level and drawing increased market attention.
A slew of metrics indicate the top meme asset Dogecoin (DOGE) could be primed for a price boost, according to a popular crypto trader.
Cryptocurrency markets are finishing the week on a high, with Bitcoin peaking past $66,000 in midday trading. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $65,934 +1.1% Ethereum (CRYPTO: ETH) $2,705 +1.9% Solana (CRYPTO: SOL) $158.59 +1.3% Dogecoin (CRYPTO: DOGE) $0.1246 +5.3% Shiba Inu (CRYPTO: SHIB) $0.00002052 +10.9% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 3.7% and daily active addresses rising by 1.3% for Bitcoin.
The various developments in the Shiba Inu ecosystem have aligned very well with the market movement. As soon as Bitcoin started moving up since September 26, Shiba inu started rising shoulder to shoulder. In the last two days, Shib has surged over 45%. But why is it falling now, let's analyze.
Here are some of the top DOGE price forecasts coming from popular analysts.