Shiba Inu price joined other cryptocurrencies in a steep sell-off as the recent rally took a breather and the burn rate declined. Shiba Inu (SHIB), the second-largest meme coin, dropped to $0.

The majority of the coins are in the red zone today, according to CoinStats.

Binance founder and former CEO Changpeng Zhao on Tuesday voiced concerns about the current state of meme coins, calling their proliferation “a little weird.” What Happened: In a tweet, Zhao clarified he isn't against memes but urged the crypto community to focus on building meaningful blockchain applications.

Bitcoin (BTC) has registered a sharp decline as its march to $100,000 faced a significant setback as the price slipped below $95,000. BTC is down almost 4% over the past 24 hours and trading at $94,351, with sellers in control.

With a significant 13% decline in the last day, Shiba Inu seems to have lost its recent vigor. A strong rally that gave investors hope for long-term gains preceded this correction.

Chainlink's LINK token has reached $18.4 after a 10% gain, approaching a key resistance level at $22 where 100,220 addresses hold 57.2 million tokens.

Shiba Inu's ecosystem shows strong growth potential as lead developer Shytoshi Kusama acknowledges TRON's success model, while SHIB posts 48% monthly gains and Shibarium reaches new TVL highs.

Shiba Inu (SHIB), a cryptocurrency that originally gained attention as a meme coin, is slowly evolving into something much more. With a market cap of $15 billion and a massive surge in its burn rate, SHIB is gaining momentum. But there's a bold idea floating around, burn 99% of its supply.

The price of Shiba Inu (SHIB) is stable and hovering between the resistance at $0.00002800 and support at $0.00002300. Neither the bulls nor the bears have broken this range.

Shiba Inu lead developer Shytoshi Kusama lauded TRON's Justin Sun on Tuesday over the blockchain's recent milestone achievement. The lead developer primarily highlighted TRX's product-market fit (PMF) in stablecoin use cases, underscoring the network's pioneering stance as a decentralized, fast, and affordable solution.

An analyst has explained how the path to a new Chainlink all-time high (ATH) could open up if LINK can break past this resistance block. Chainlink Could Find Major Resistance At The $20 Level In a new post on X, analyst Ali Martinez has discussed how the resistance barriers for LINK are currently looking in terms of the on-chain cost basis distribution.

Investor optimism was sparked by Shiba Inu's recent successful breakout from its consolidation phase. Despite this, there has not been a noticeable acceleration in price movement, suggesting that the rally has stalled.

Shytoshi Kusama, the driving force behind Shiba Inu, shared key insights into SHIB burns and the ecosystems future. As burn rates jumped 135% in 24 hours, Kusama stressed the importance of building partnerships to boost Shibariums utility and burn potential.

Shiba Inu (CRYPTO: SHIB) has gained traction amid rising burn rates, sparking optimism among technical analysts about bullish momentum for the token. What Happened: According to Shibburn data, the burn rate for SHIB surged by 486.8% over the past day, with 5.9 million SHIB coins permanently removed from circulation.

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.

Following a listing on Coinbase, Dogwifhat (CRYPTO: WIF) has been listed for trading by Robinhood Crypto. What Happened: The company announced the listing on its X account on Monday.

The dream of Shiba Inu reaching $0.01 remains one of the most talked-about and debated topics in the cryptocurrency community. While many analysts deem this goal unrealistic, renowned crypto expert Luis Delgado (also known as Del Crxpto) believes that the impossible is indeed possible for Shiba Inu, pointing to several past instances in the crypto market where unexpected price surges occurred.

Shiba Inu lead developer Shytoshi Kusama has addressed inquiries regarding the ambitious goal to burn 99% of the circulating SHIB token supply. Kusama initially engaged with the community by inviting questions for his podcast, stating, “What a topic or question you want to hear answered on my podcast?

Check out the next potential SHIB targets (according to some popular analysts).

A new report has revealed a startling trend in the cryptocurrency market: 76% of influencers on X (formerly Twitter( promoting meme coins are endorsing tokens that eventually lose nearly all their value. What Happened: The study, by CoinWire, analyzed 1,567 meme coins promoted by 377 influencers, uncovering that two out of three tokens they promoted are now classified as "dead.

Crypto's second biggest meme coin, the $15 billion market cap Shiba Inu ($SHIB), may be on the verge of a blistering bull run, according to CryptoTuber Austin Hilton. The renowned Web3 influencer says growing $SHIB adoption and the potential for further development of Shiba Inu's ecosystem will be key price drivers in the coming months.

Shiba Inu price has underperformed other popular meme coins in the past few days. SHIB trades at $0.000026 on Monday, where it has been stuck since November 10, as investors anticipate more upside as the burn rate rebounds.

Shytoshi Kusama, the pseudonymous lead of the Shiba Inu team, has been debating with SHIB enthusiasts on X and revealing interesting details about his work schedule. He also poured cold water on the idea of some SHIB enthusiasts as to how the SHIB burn mechanism works in reality.

Story Highlights The Chainlink price is up 71.8% this month. Technical indicator EMA 50/200-day registers a Golden Cross, indicating a higher price mark. Sustained bullish sentiment to push price beyond $25 this year. Despite the Bitcoin price struggling to achieve the milestone of $100,000, the altcoin market has recorded a strong bullish recovery.

Within a crucial support cluster of 470 billion tokens (at the time of the writing), Shiba Inu is retaining its position and offering a temporary area of stability. Nevertheless, in contrast to prominent players like Bitcoin, Ethereum and XRP, its performance is noticeably stagnant.

The Shiba Inu community has launched a petition urging Binance to list Bone ShibaSwap (BONE), a pivotal token within the Shiba Inu ecosystem. This move aims to strengthen the ecosystem's growth and enhance the interconnected utility of its tokens—SHIB, BONE, and LEASH.

Chainlink achieves $17.3 trillion in total transaction value while its LINK token tests $18 resistance amid growing network adoption and positive technical indicators.

Shiba Inu (SHIB) became well-known in cryptocurrencies by turning little investments into riches over its explosive climb. But as the token ages and its market fills, the explosive potential that once distinguished it starts to fade.

This will allow people to share, trade, and launch memes between two of the fastest blockchain networks: Solana and Injective. This makes it easier than ever to move memes between these two chains with just one click.

The meme coin mania of the past few weeks pushed Shiba Inu's (SHIB) price to an eight-month high of $0.000030 on November 12. Due to this hike, a significant portion of SHIB's supply is now profitable.

Whale wallets holding SHIB have increased their positions by 425% during a period of price consolidation near $0.000029, while trading volume and open interest decline.

Chainlink (LINK), known for its pivotal role in blockchain infrastructure, has recently hit an extraordinary milestone of $17.3 trillion in cumulative on-chain transaction value. This significant achievement underscores the platform's growing adoption and influence within the cryptocurrency sector.

Recently Kyle Doops, host of Crypto Banter's Trading Show, has revealed many new altcoins that weren't part of previous market cycles. While altcoins haven't yet broken out, he sees strong signs of a potential surge. Kyledoops believes that once key resistance levels are breached, dips could present buying opportunities.

Whales holding $1 million to $10 million worth of SHIB tokens have increased their holdings by 425%.

Large Shiba Inu transactions surged by 148% in 24 hours, reaching $300.98 million. Despite this, SHIBs price has declined 9.05% to $0.00002486, signaling cautious sentiment in a bearish cryptocurrency market.

LINK nears $18 resistance with strong momentum, supported by growing adoption.

Shiba Inu (SHIB) has been consolidating in a tight triangle pattern on its daily chart, a technical setup that often precedes a breakout or breakdown. However, on-chain data is raising concerns about the asset's stability.

Shiba Inu's lead developer, Shytoshi Kusama, has addressed a growing wave of requests from investors hoping for a major price rally for the token. The call for a “moonshot” has intensified as the crypto market continues its bullish trend, particularly with Bitcoin nearing new all-time highs.

A market analyst says Shiba Inu (CRYPTO: SHIB) could experience a massive rally, predicting gains exceeding 2,000%. What Happened: The forecast has sparked excitement among the cryptocurrency's community as SHIB continues to gain traction as a leading meme coin.

The market has turned to red at the end of the week, according to CoinStats.

According to IntoTheBlock data, Shiba Inu has seen a 148% surge in large transaction volume in the last 24 hours.

Shytoshi Kusama, the anonymous lead spokesperson of the Shiba Inu (SHIB) ecosystem, has taken to X to highlight the popular meme-inspired cryptocurrency's position among the market's top performers.

With the help of profitability metrics and on-chain data, Shiba Inu is getting ready for a possible market shift. As key addresses move into profitable zones, 74 trillion SHIB is expected to become active potentially leading to a significant directional shift in the tokens price dynamics.

The cryptocurrency market is gaining momentum, with leading analyst Ali Martinez sharing optimistic forecasts for three major digital assets: Binance Coin (BNB), Bitcoin (BTC), and Shiba Inu (SHIB). His analysis points to substantial gains, provided these assets clear critical resistance levels.

According to CoinGecko data, Stellar (XLM) has managed to surpass Shiba Inu (SHIB) by market cap following a massive rally.

Shiba Inu price rose for four consecutive days as it continued to underperform Dogecoin, the biggest meme coin in the industry. SHIB was trading at $0.000028 on Sunday, a few points below this month's high of $0.000030. It has risen by 145% from its August lows.

Shibarium's Total Value Locked (TVL) hits a record $4.72 million, reflecting growing adoption in the ecosystem.

Chainlink (LINK) is experiencing significant growth in the cryptocurrency sector, with a 20% increase in value in just one week and a potential change in its long-term trajectory. Related Reading: XRP Gains Momentum: Whale Activity Points To $15 Breakthrough For months, the cryptocurrency has been on a downward trajectory; however, it is currently exhibiting significant signs of recovery.