In recent hours, the meme coin market has experienced increased selling pressure following Bitcoin’s drop from its peak. Prices for Pepe and Shiba Inu coins have significantly fallen as both whales and short-term holders have been offloading their holdings, leading to a sharp decrease. Nonetheless, analysts predict a strong recovery as buyers look to capitalize …
Shiba Inu has seen a 148% surge in large transaction volume in the last 24 hours. Large transactions greater than $100,000, often indicators of whale activity, signal significant buying or selling pressure. Large transaction volume for Shiba Inu came to $300.98 million, or 11.61 trillion SHIB, in the last 24 hours. The recent spike in …
The burn rate of Shiba Inu (SHIB) has surged by an astounding 49,464%, according to data from the Shibburn platform. This significant increase occurred as SHIB’s price jumped over 10% in just two hours, climbing from $0.00002523 to $0.00002784. As a result, the Shiba Inu community transferred a total of 175,311,356 SHIB to unspendable addresses. …
Following an impressive weekly surge in the meme coin market, Shiba Inu is now aiming for a massive comeback in the price chart. Over the last few days, SHIB price has been declining due to a market-wide selling pressure. This has resulted in a sharp drop in Shiba Inu’s on-chain metrics. However, as the meme …
Shiba Inu (SHIB) is catching everyone’s attention again. Its price has climbed 2.9% in the last 24 hours, and it’s now up an impressive 142% since hitting its August lows. But the big news? SHIB just hit a major token burn milestone. With rising prices and bullish signals, many are wondering—can SHIB go even higher? …
Shibarium, the Ethereum-based Layer-2 scaling solution backed by the Shiba Inu (SHIB) ecosystem has recorded a huge mainnet milestone. According to data from the Shibarium scan, the total transactions processed on the platform has crossed the 500 million milestone. Notably, Shibarium got a major boost less than a month ago when Shiboshi-linked NFT update triggered …
Shiba Inu (SHIB), the Ethereum-based meme coin, has been seeing a massive surge recently, with a 52% rise over the past week, but that’s not all. Its burn rate has surged by a jaw-dropping 1837%, with nearly half a billion SHIB tokens being destroyed. This surge has sparked huge excitement, with many investors now predicting …
A much anticipated Trump victory in the 2024 US presidential elections has impacted all financial markets, with the crypto industry at the forefront of gains. As the initial gains were witnessed only in Bitcoin, the altcoins have now caught up. Dogecoin, jumped by 20% to a three-year high today and Shiba Inu, has performed even …
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. Why is the SHIB Price Increasing? Recently, …
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. 110.64 million coins were burned …
After the recent rise in the Bitcoin price to new highs, the token, along with the other altcoins, has begun to consolidate. Moreover, the bulls have been fighting with the bears since the last trading day, which may delay the next bullish action. However, the Dogecoin price has begun to rise, aiming to reach the …
Shiba Inu (SHIB) surprised the crypto world with a massive burn rate spike of 3,674% in just one day. With over 53 million SHIB tokens sent to burn wallets, this effort is a big step in Shiba Inu’s mission to reduce its circulating supply. So, what’s driving these numbers? And could this burning trend push …
The crypto market is experiencing volatility amid the US elections. The BTC price is back to $68k as the FUD surges. Under such conditions, SHIB and MOG are rising against the bearish tide, with intraday gains teasing the continuation of the uptrend. With a golden crossover in SHIB and MOG ready for a bullish comeback, …
In the ongoing potential bull run, Shiba Inu (SHIB), the popular and the second-largest meme coin is about to end its consolidation and is poised for a massive upside rally. This bullish speculation arises from the coin’s positive price action and the continuous attention from investors and traders. Shiba Inu Technical Analysis and Upcoming Levels …
October hasn’t been as positive for cryptocurrencies as expected. Bitcoin and other altcoins have seen unstable prices due to market volatility. With only a few days left in the month, Shiba Inu aims to make a robust breakout as Bitcoin holds above the $70K mark. This bullish analysis is supported by several on-chain metrics as …
Shiba Inu has announced the launch of a non-fungible token (NFT) bridge for its Layer-2 blockchain, Shibarium, paving the way for the smooth transfer of Ethereum. On Monday, Shiba Inu’s official X account posted about the activation of the NFT Bridge on Shibarium. The new feature allows users to deposit and withdraw Ethereum-based NFTs by …
The crypto markets are trying hard to validate a decent upswing before the end of the month. Meanwhile, the memecoins have also displayed a tendency to close the monthly trade on a bullish note as the most dominant one, Dogecoin is manifesting extreme strength. Besides, Shiba Inu and Pepe prices are failing to generate the …
Amid the confusing market sentiment, Shiba Inu (SHIB), the popular meme coin is poised for a notable price decline as it has formed a bearish price action pattern on its daily chart. This negative sentiment extends across the cryptocurrency landscape including Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). Shiba Inu Technical Analysis and Upcoming Levels …
With a bullish failure to regain a decisive rally, the top meme coins are facing massive overhead supply pressure. Amid the bear market, Shiba Inu price action reveals a constant struggle to overcome the bearish influence. Will the second biggest meme coin in the crypto space manage to kickstart a breakout rally? Read this SHIB …
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. Among …
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. The Surge in Shiba …
On September 27, 2024, the overall cryptocurrency market experienced a price reversal amid this Shiba Inu (SHIB) outperformed major cryptocurrencies with its impressive performance. According to the coinmarketcap data, SHIB has experienced a significant price surge of over 20% in the last 24 hours and is currently trading near the $0.0000187 level. SHIB Current Performance …
Did you know, the Founder of Shiba Inu, with a pseudonym Ryoshi, had planned a stable coin in the Shiba ecosystem? The marketing lead of Shib shared exciting details about this stable coin in her recent X (formerly Twitter) post. The stable coin was introduced by the founder in 2021 and named it SHI. It …
Shiba Inu price scaled heavily by more than 300% during the Q1 trade, elevating the levels from $0.00000925 to as high as $0.00004 in just a couple of days. With the change in market dynamics, the SHIB price failed to hold the gains and, as a result, lost nearly 70% of them. The bull remained …
Shiba Inu has seen increased whale activity as data showed 1.3 trillion SHIB transferred in large transactions of no less than $100,000 in the past day. This figure is 115% higher than the day before. In dollar terms, the increase was characterized by a $10.15 million increase in the volume of large transactions. Notably, Over …
The meme coin market has been quiet recently due to some economic news and Bitcoin’s bearish trend below $60,000. With Bitcoin still struggling to attract buyers, the popular meme coin Shiba Inu has been holding steady around $0.000014. As a result, interest from large investors has decreased, which could make it harder for Shiba Inu …
While SHIB has faced a massive price decline overnight, following Bitcoin’s crash, Shiba Inu’s marketing lead, Lucie, has issued a friendly reminder to the community. Lucie has warned the community that while everybody likes memes and meme coins, they must not forget to DYOR (Do Your Own Research) when planning to invest in crypto in …
As per the data shared by the Shibburn tracker, the burn rate of SHIB has shot up significantly with a 1,088% surge in token burns, rising together with the SHIB price. Despite the impressive surge in this key metric, the amount of meme coins burnt by the SHIB community was not major, as it comprised …
Amid the ongoing challenges in the cryptocurrency landscape, an analyst has shared a bullish outlook for Shiba Inu (SHIB). In a post on X (previously Twitter), the analyst noted that SHIB is on the verge of breaking out of a massive bullish falling wedge price action pattern on a daily time frame. Shiba Inu Near …
The crypto market is trying to recover from the recent decline. Amidst these hard times, the biggest crypto exchange Binance has released their proof of reserve report. The report shows a drop of 0.27% in Shiba Inu holdings. This might look like a minor decline however, this has caused concerns among investors and meme coin …