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Dog-themed cryptocurrency Shiba Inu (SHIB) has seen a staggering 2025% surge in large holder inflows, signaling renewed interest from large holders, referred to as whales. This sudden spike has sparked speculation about what might be going on and what it means for SHIB's next move.
According to IntoTheBlock data, 84.94% of Shiba Inu (SHIB) addresses are "out of the money," meaning the current price is lower than their average purchase price.
A recent tweet published by the Shibarium Updates account spread the word about the layer-2 solution Shibarium approaching two important milestones regarding the total number of transactions on the network and the total amount of wallets linked to Shibarium.
Shiba Inu (SHIB), which started as a meme coin, has now become one of the most popular cryptocurrencies among investors. Right now, SHIB is trading at $0.0000127, holding strong above $0.0000125.
Over the past week, the Shiba Inu price has faced strong volatility, however, it has managed to hold above the $0.0000125 support levels. Furthermore, large volume transactions for SHIB and rising burn rate can serve as an additional catalyst for the same.
Shiba Inu (SHIB) is currently trading within a descending triangle pattern, a setup that often signals an impending breakout and increased volatility. The memecoin has been squeezed into a narrowing range, posting lower highs while maintaining support near $0.0000125.
Due to significant resistance and declining technical indicators, Dogecoin is currently at a pivotal point in its history. A crucial resistance level that could determine DOGE's next market move is difficult for the price to overcome.
Shiba Inu (SHIB), the popular meme coin, has been struggling to break out of a downtrend that has persisted for the past three months.
A rare bullish pattern forms on Shiba Inu's 4-hour charts, but beware of two incoming sell walls.
Shiba Inu (SHIB) has underperformed the wider cryptocurrency market since the start of the year. However, a recent development concerning the token's exchange reserves could herald the beginning of a move to the upside.
Shiba Inu (SHIB), a dog-themed meme coin, has battled bearish pressure in the last 30 days. Despite delays in experiencing a breakout, a significant 123.27 trillion SHIB are in profit.
A chart shared by on-chain data aggregator IntoTheBlock has revealed that the “digital silver” coin, LTC, which was created two years after Bitcoin, in 2011, is still popular with long-term investors.
Shiba Inu (SHIB) whales seem to be making a strong comeback, with large holder netflows up a staggering 1,448%.
Cryptocurrency trader and analyst Ali Martinez is leaning bearish on the memecoin FLOKI (FLOKI). Martinez tells his 133,600 followers on the social media platform X that FLOKI has formed a flag pattern on the three-hour time frame.
Dog-themed cryptocurrency Shiba Inu (SHIB) has seen its burn rate skyrocket by 495% in the last 24 hours, with 14,052,230 SHIB burned over this time frame, per a Shibburn X report.
There is a substantial resistance cluster for Shiba Inu at the $0.000013 price level, where investors hold 551 trillion SHIB at a loss. This extreme concentration of supply raises the possibility that many addresses are trying to break even or turn a profit at this point, which could lead to a price reversal.
In an astounding development, Shiba Inu's burn rate has skyrocketed by nearly 500% over the last 24 hours. This has sparked widespread optimism, with analysts reinforcing their prediction that the Shiba Inu price will hit the coveted $0.01 target.
The ecosystem of a popular meme coin has attained two major milestones, showing the continued interest in the token that could lead to a bullish scenario. Analysts reported that Shiba Inu recently reached 1.5 million holders while its Shibarium recorded 10 million blocks, an indicator that the SHIB ecosystem could attract new users.
The pseudonymous marketing lead of the SHIB team, known to the community as Lucie, has published a brief but important guidance on how to increase the security of holding your crypto to a maximum.
Dogecoin and Shiba Inu prices are in the green today, providing a bullish outlook for the foremost meme coins. This price surge is due to several developments, including the US Federal Reserve hinting at easing monetary policies soon enough.
Does on-chain data reveal whether this signals accumulation or further selling pressure?
Bears are coming back to the game, according to CoinStats data.
Dog-themed cryptocurrency Shiba Inu (SHIB) is eyeing a push toward $0.000014, but a 236 billion SHIB supply could determine its next major move. According to IntoTheBlock data, 236.46 billion SHIB are currently being held at $0.000014 by 3,780 addresses.
Popular meme coin Fartcoin (CRYPTO: FARTCOIN) is rebounding, leading to renewed optimism among traders for a sustained meme coin rally. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Fartcoin (CRYPTO: FARTCOIN) $0.3912 $391.3 million +13.4% +43.3 Dogecoin (CRYPTO: DOGE) $0.1739 $25.8 billion +0.9% +3.1% Shiba Inu (CRYPTO: SHIB) $0.00001294 $7.6 billion +1% +6.7% Trader Notes: Crypto trader Unipcs indicated he is up seven figures on his Fartcoin long.
