Shiba Inu (SHIB), the second-largest meme coin by market cap, might be on the verge of a recovery. Recent data reveals a huge spike in SHIB's burn rate, with 26.48 million tokens being permanently removed from circulation. This has led to a slight price increase, raising hopes among investors.

Back in 2021, at the height of the meme coin bull run, Shiba Inu ran over 7,000,000% to outperform the more established Dogecoin. This performance was achieved with the expectation that Shiba Inu was the “Dogecoin killer” and that the meme coin would eventually flip DOGE to become the leading meme coin.

Although Shiba Inu has recently displayed signs of life, on-chain data indicates a significant obstacle that could stop its momentum in its tracks. Following a breakout above the 50 EMA, which frequently indicates a possible change in market structure, SHIB is now getting close to a significant resistance zone that might serve as a significant trap for the meme coin.

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Shiba Inu's price holds at $0.00001250 as burn rate surges 3,277% and whales sell off, with technical patterns suggesting a possible rally.

According to the data published by the popular Shibburn on-chain burn tracker, over the past day, the Shiba Inu team has managed to dispose of a large amount of meme coins, moving millions of them out of the circulating supply.

As it is firmly compressed between two important exponential moving averages, Bitcoin is currently experiencing a crucial technical moment that resembles a traditional price squeeze. Although bulls may just be in the lead, this tension in the charts is preparing for a possible volatility-driven breakout in either direction.

The marketing lead for Shiba Inu (CRYPTO: SHIB), Lucie, has issued a critical warning to the SHIB community. The warning is about potential scams and the significance of self-education in the cryptocurrency space.

In a recent post on X, Shiba Inu team member Lucie issued an important message to the SHIB community.

New blockchain information shows that large investors remain in control of the Shiba Inu crypto market, potentially creating both stability and risk for smaller traders. The meme coin has experienced regular trading activity throughout while exhibiting zero price actions over recent days.

Despite signs of sustained activity, Shiba Inu (SHIB) is sinking into a downward spiral of underperformance. Contrary to the rebound seen in other altcoins, the token shows a historically low profitability rate, revealing a deep imbalance in its market structure.

Shiba Inu has recently displayed indications of establishing a critical support level at the $0.000012 mark supported by on-chain data that shows that over 26,000 wallet addresses hold a staggering 21 trillion SHIB volume at this price point. Depending on the direction of market sentiment going forward, this critical support may serve as the foundation for future price movement.

Everyone's talking about Shiba Inu again, and some believe it could make you a millionaire by 2025.

SHIB's burn rate spiked over 3,273%, stirring bullish sentiment as traders eye a breakout.

SHIB team's marketing lead known under the pseudonym Lucie has taken to her account on the X social media platform to talk to the SHIB community about scammers and things that are necessary to oppose their attacks.

The Chainlink price has not seen a lot of action in recent weeks, oscillating between the $12 and $13 levels since the start of April. This inactivity suggests that the altcoin is yet to recover from its uninspiring run in the first quarter of 2025.

Charles Schwab, a major brokerage firm in the United States, has announced plans to start direct spot crypto trading within the next 12 months. This news has sparked interest among crypto enthusiasts, especially for assets like XRP, Dogecoin, and Shiba Inu, as the firm aims to tap into the growing digital asset market.

Shiba Inu (SHIB) has rebounded alongside the rest of the crypto market, but there is a looming hurdle on the chart that could make or break the next major move.

According to Shibarium Updates, an X account dedicated to sharing insights and updates on the Shiba Inu ecosystem, 881,353,310 SHIB tokens have been burned through the ShibTorch platform.

Shiba Inu (SHIB) recently cleared the $0.000012 resistance level in the crypto market as positive sentiments return to the ecosystem. Despite this development, only 10.62% of accounts are profitable, as the recent uptick has not impacted SHIB holders.

While the net capitalization of the cryptocurrency market is losing value again, the segment of meme cryptocurrencies is sending mixed signals to its audience. Amid all largest dog coins, Shiba Inu (SHIB) shows the strongest performance in the last 24 hours.

The Chainlink price is poised for liftoff, with a bullish rebound on the horizon. As LINK has soared past its key support level, analysts and traders remain bullish about the altcoin's potential rally new heights.

One of the altcoins that the market is most interested in, XRP, might be about to make an unexpected bullish breakout. Due to a traditional descending channel breakout formation, the asset is now showing signs of reversing the trend following months of consolidation and downward movement.

Shiba Inu (SHIB) holders may need to brace for a challenging stretch, as historical price data from CryptoRank paints a bearish outlook for the next seven months. While SHIB has seen explosive gains in the pastmost notably in May 2021those moments are rare.

With a SHIB burn of nearly 28 billion tokens in a day, there could be a strong impact on SHIB's price. The burn activity of Shiba Inu (SHIB) is receiving attention once more after a spike.

Fear remains the key emotion in the crypto space even as enthusiasts remain optimistic of a recovery in the foreseeable future. While most majors and meme coins are still under selling pressure, Bitcoin has benefited from its stability.

Amid the recent market downturn, several developments have occurred in the Dogecoin and Shiba Inu ecosystems. These include fundamentals, which provide a bullish outlook for the foremost meme coins.

Bitcoin (BTC) has been trading in a tight range for a few days, but a minor positive is that the bulls have kept the price above $83,000. Usually, a low volatility period is followed by a range expansion, but it is difficult to predict the direction of the breakout with certainty.Cryptocurrency analysts remain bullish on Bitcoin's prospects because gold's rally in 2017 and 2020 was followed by a sharp rise in Bitcoin's price.

Chainlink price could be on the verge of a bullish breakout after testing a crucial resistance, forming a bullish divergence, and as its exchange outflows rise. Chainlink (LINK) was trading at a crucial resistance point at $12.

SHIB will return to its bullish trend once the buyers push the price above the moving average lines and the positive momentum continues.

Shiba Inu (SHIB) has registered notable price gains in the last 24 hours as it broke a critical resistance level. Given its upward trajectory, SHIB looks set to lose another zero in price as activity picks up on the crypto market.

When looking at Shiba Inu coin price history by CryptoRank, one thing stands out - the next few months might not be kind to SHIB holders. While there is always hope that things could change, the trend is clear - the next seven months could be tough.

Shiba Inu reaches a resistance level that might become an unbreakable wall for the asset in its current shape and form as it struggles with low momentum and substantial on-chain resistance. Over 20,000 addresses bought a massive amount of SHIB at the $0.000012 mark, or roughly 18.83 trillion tokens, according to recent on-chain data.

In a move that caught the attention of the Shiba Inu community, 16,682,282 SHIB tokens were transferred to a dead wallet and burned at one go, according to data from Shibburn.

Shiba Inu price has not made any meaningful gains over the past month, as meme coin traders remain cautious due to uncertainty caused by tariffs and the trade war. However, one top trader has used an Elliott Wave analysis to identify a bullish outlook for SHIB, suggesting that it may be on the verge of

SHIB bulls could be in for some good news - here's what's brewing.

Shiba Inu trades at critical resistance while 59% of traders are bearish, but experts remain optimistic with price poised for potential breakout.

Cryptocurrencies are off to a rough start in 2025. The total value of all coins and tokens in circulation currently stands at $2.7 trillion, which is down about 20% for the year.

Shiba Inu meme coin has recently rattled the crypto market by following one of the latest trends in the sector. The crypto's team shared an X post this Friday that read, “Shib is for everyone.

Shiba Inu (SHIB) recently encountered resistance as a local death cross formed on the four-hour chart, where the 23-period moving average slipped below the 50-period one. This technical crossover triggered a 2.65% drop, pushing SHIB down from its attempt to break above a short-term structure near $0.00001194.

Experts remain bullish on SHIB despite market uncertainty, predicting a potential surge to $0.0000600 by 2025.

The Shiba Inu price continues to attract the attention of analysts, who are watching for its next potential move. A recent report from Finder, based on the insights of 26 crypto industry experts, reveals a cautiously optimistic outlook for SHIB.

The Shiba Inu price is indicating that it can bounce back as investors attempt to gain control of the popular meme token's price action. SHIB appears to be creating trends that would assist in propelling it to the crucial price of $0.00002.

Chainlink network is heavily bolstered by growing fundamentals and a positive regulatory outlook in the United States. LINK bulls must defend the support level above $9.4 to invalidate further capitulation in 2025. Chainlink (LINK) price has been trapped in a multi-week falling channel since the second inauguration of the U.S. President Donald Trump.

The meme coin Shiba Inu (SHIB) recently faced a technical barrier it could not overcome, despite some early attempts. On the four-hour chart, the 23-period moving average crossed below the 50-period one — forming a local death cross — and the price reacted accordingly.

An industry expert panel sets targets for Shiba Inu's year-end price, hinting at 235% growth for the popular canine coin.

While the Shiba Inu price has crashed by 65% from its November highs, one crypto analyst believes it is too resilient to fail and that it is much better than other meme coins like Dogecoin and Pepe. As such, if her reasons are correct, the SHIB price will likely bounce back in the long term.

Shytoshi Kusama, the leader of Shiba Inu, has been quiet for nearly three weeks. But now, he's back with a short, mysterious message, “Next week let's go back to it, can we?” This has made the SHIB community excited, thinking something big might be coming, maybe even a rise in SHIB's price.