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

As Bitcoin (BTC) closed the third consecutive week in the price discovery phase, the altcoin space gained significant bullish sentiment. During the past week, the altcoin market – led by Stellar Lumens (XLM), Decentraland (MANA), and The Sandbox (SAND), among others – registered palpable gains.

Bitcoin experienced a significant drop from $98,500 to $95,500 Sunday, triggering a broader market decline. The volatility led to over $500 million in futures liquidations, predominantly affecting smaller altcoins and midcap futures.

The last couple of weeks were extremely bullish for the markets as the star token, Bitcoin, led a steep rise close to $100K. This caused a momental shift in the popular altcoins like Dogecoin, which woke up from a prolonged consolidation and surged above their pivotal resistance.

Last week was another positive period for the Dogecoin price. After concluding the prior week in a phase of consolidation, the meme cryptocurrency carried this trend into the early days of the new week.

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.

As whale activity increases and the price approaches crucial resistance levels, Dogecoin has been garnering a lot of attention. Market conditions point to the potential for another wave that aims for the eagerly awaited $1 mark following a robust rally that lifted the meme coin above $0.5.

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.

Dogecoin was on track to test its all-time high, but there might be a hindrance ahead.

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.

Here is how some of your favorite assets concluded the week.

No Rest For the Wicked: Another Big Weekend Move for Dogecoin

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.

Arthur Hayes, the former CEO of Bitmex, has shared his thoughts on the future of cryptocurrencies and issued some bold predictions about Bitcoin (BTC) and Dogecoin (DOGE) in a recent podcast. Thus, the entrepreneur thinks Bitcoin could reach $100,000 by the end of 2024, and maybe even $250,000 by the end of 2025.

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

Widely followed crypto trader Rekt Capital says that Ethereum (ETH) rival Avalanche (AVAX) is positioning itself for another big rally to new price targets. Rekt Capital tells his 514,000 followers on the social media platform X that AVAX has turned the $38.

Bears have turned out to be more powerful than bulls on the last day of the week, according to CoinMarketCap.

It's another recent milestone for Dogecoin, but the market is now red with Bitcoin down and DOGE and other meme coins falling hard.

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

Catslap token price has hurtled to a new all-time high of $0.0069 and a corresponding market cap of $62 million. The post DOGE, Pepe, Popcat Stall But New Meme Coin Catslap (SLAP) Price Explodes 50% Today appeared first on Cryptonews.

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.

Crypto analyst Master Kenobi has made a bold two-day prediction for the Dogecoin price, stating that it will hit a new all-time high (ATH) in the next two days. The analyst highlighted Dogecoin's Relative Strength Index (RSI), which he suggested is very bullish for the meme coin at the moment.

The Dogecoin price has entered another stage of bullish momentum that has reignited inflows from traders. Notably, the DOGE price has surged by about 16.3% over the past 24 hours.

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.

Shiba Inu's pseudonymous marketing lead known as Lucie has taken to her X account to publish a post that discusses “shady bad actors” that target the cryptocurrency community around the globe.

Despite a spirited resurgence earlier this month and a brief period of consolidation, Shiba Inu (SHIB) could be on the brink of an even bigger rally.

The original meme coin Dogecoin (DOGE) rose today, hitting a new yearly high of nearly $0.48, as fresh speculation over Elon Musk launching payments to his X social media platform arises again.

Dogecoin (CRYPTO: DOGE) experienced a 5% surge following a tweet by Elon Musk on X. This has sparked fresh speculations about the imminent payments service on Musk's social app.

Dogecoin is on a rally, gaining over 20% in the past 24 hours and reaching a current price of $0.47. With strong investor momentum, $0.50 is just around the corner.

While Cardano and XRP have reclaimed $1, DOGE is yet to reach it. However, its secret weapon could fuel its rise.

Large holders of Dogecoin (CRYPTO: DOGE) have been making significant moves, with Dogecoin whales recently buying up 550 million DOGE tokens, valued at $214.5 million, in one day. What Happened: The transactions, recorded on blockchain monitoring services, highlight the growing activity among Dogecoin's biggest investors.

In the last 24 hours, dog-themed cryptocurrency Shiba Inu (SHIB) has seen contrasting fluctuations in trading activity and whale movements.

Shibarium, the Shiba Inu (SHIB) Layer-2 protocol, appears set to hit a new milestone amid sustained adoption in the crypto space. This adoption has led to an increase in the number of Shibarium wallet addresses.

The global cryptocurrency market increased by 11.5% this week, reaching a record high of $3.49 trillion and adding $358 billion in valuation.

The Dogecoin price, which has been on a consolidation trend since November 12, has given rise to a rare and bullish chart pattern known as the high tight flag. This pattern, which is like the bull flag, is setting up the Dogecoin price for a significant upward movement.

The cryptocurrency market is experiencing a surge similar to what it did with Dogecoin in 2021.

Dog-themed cryptocurrency Dogecoin (DOGE) has surged by nearly 25% in the last 24 hours, reaching intraday highs of $0.4807 in Saturday's trading session.

Shiba Inu lead Shytoshi Kusama has announced the launch of the TREAT token, a major addition to the SHIB ecosystem. Originally envisioned by SHIB's creator, Ryoshi, Treat is designed to replace BONE as ShibSwap's reward token and provide liquidity for SHIB, the ecosystem's stablecoin.

The Bitcoin price is consolidating just below the $100K milestone, which has shaken up the major altcoins. Meanwhile, the memecoin has remained stuck within a range as Dogecoin gains huge momentum.

The price of Dogecoin (DOGE) saw another epic surge in the past 24 hours, rising over 17% to a high of $0.4656. If this momentum continues, on-chain analyst Ali Martinez believes DOGE could rally to $0.82.

The Dogecoin price has recently exhibited a classic bull flag pattern on its price chart, a technical indicator often signaling continued upward momentum. The Dogecoin price has mostly traded below $0.4 in the past seven days on the back of a continued price consolidation.

Data shared by the Shibburn tracking platform in a recently published X post shows that in the past day the burn rate of the popular meme-inspired cryptocurrency has demonstrated a mind-blowing five-digit increase.

Tesla billionaire Elon Musk has predicted the U.S. could collapse into bankruptcy "super fast"—joking he will "fix" it with a "department named after a meme coin."

The recent surge in the SHIB burn rate has sparked optimism, as evidenced by the recent Shiba Inu price rally. Notably, the burn rate has rocketed more than 4,100% today, bolstering market sentiment amid the already bullish momentum noted in the broader crypto market.