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Here's what signals that SHIB might be gearing up for a rally in the short term.

The renowned dog-themed meme crypto SHIB has once again fueled optimism among crypto market traders globally, recording a remarkable surge in the Shiba Inu burn rate on Wednesday. Latest burn data suggests that nearly 27 million coins were taken out of the supply, igniting market optimism surrounding the meme coin's future movements.

Cat-themed Popcat (POPCAT) shrugged off declines in the meme coin space to emerge as one of the market's biggest gainers on Tuesday. What happened: The Solana (CRYPTO: SOL)–based coin rose 5.63% in the last 24 hours, becoming the second-best-performing cryptocurrency in the market.

Shiba Inus Shibarium saw an astonishing 3,370% jump in transactions within days, skyrocketing from 3,690 to over 324,000. The surge hints at growing community adoption, though the exact trigger remains unclear.

In the wake of a minor price dip, whales have withdrawn 1.2 trillion Shiba Inu tokens valued at $21.7 million from centralized exchanges. Despite this massive accumulation, SHIBs price remains subduedraising questions about whats next.

As the Dogecoin price and Shiba Inu price compete for supremacy, a new contender, ETFSwap (ETFS), is capturing attention with an astonishing forecast of a $9,230% increase over the next 30 days, positioning itself as a potential game-changer in the crypto market. Dogecoin Gs.

Hopes of a rally toward $3,000 were raised by Ethereum's recent 15% price increase but it looks like the upward momentum has encountered a major obstacle. For ETH the 100 EMA has shown to be a strong resistance level and the assets recovery appears to have stalled at this point.

Traders might be closing their existing positions to minimize losses from liquidations.

Shiba Inu's unusual support for its competitors sparks thoughts: what if its time is running out?

Some coins keep setting new local peaks, while others have come back to the red zone by now, according to CoinStats.

Shiba Inu whale transactions have skyrocketed by a whopping 240%, as large-scale investors have been seen moving trillions of SHIB tokens this week. Considering the significant increase in SHIB whale movements, the price of Shiba Inu could continue its previously halted uptrend to $0.00002.

An amazing development has occurred for Shiba Inu (SHIB) amid the recent price dip. The broader crypto market witnessed a price correction, with Bitcoin (BTC) slightly dropping below its crucial levels.

Shiba Inu price has seen a significant increase since its inception, and investors are speculating about the probability of the meme coin surging to $1. SHIB already has a massive market cap of $10 billion, and at an all-time high, it hit around $60 billion.

SHIB has fallen by 3.5% today, with the meme token's fall to $0.00001803 coming as the cryptocurrency market also sheds 3.5% in 24 hours.

Shiba Inu might net an extra +70% recovery gains if its reclaims $0.00003260. But short-term uncertainty remains.

Rising as one of the best-performing meme coins, Shiba Inu (SHIB) keeps making headlines in the crypto scene. The meme coin has jumped by over 30% during the past month, drawing both retail and analytical interest.

Within the next 100 days, Shiba Inu may be about to form a golden cross, which is traditionally regarded as a bullish signal on conventional financial markets. The onset of a notable uptrend is frequently linked to this technical formation, which happens when a shorter-term moving average (such as the 50-day EMA) crosses above a longer-term moving average (such as the 200-day EMA).

The cryptocurrency market is buzzing with activity as Shiba Inu (SHIB) recently posted an impressive 20% increase, discussions about a potential bull run. Meanwhile, Ethereum (ETH) is displaying some troubling patterns, and Solana (SOL) is hitting a critical resistance level at $160.

Shibarium stunned the community earlier, as transactions on the layer-2 blockchain network skyrocketed significantly over the weekend. Per data from Shibariumscan, the layer-2 transactions moved from 3,690 on Oct. 17 to a high of 324,590 as of Oct. 19.

Former President Donald Trump's unconventional campaign stop at a McDonald's drive-thru gave the Shiba Inu (CRYPTO: SHIB) community an opportunity to flex their meme muscle, as they used clever wordplays to call attention to the ecosystem's cryptocurrency tokens. What happened: The Republican presidential nominee was seen serving customers and operating the fry cooker at the fast food joint in an effort to court working-class voters.

MEW, a Solana-based token, soared by 14% following its listing on the South Korean exchange Upbit in the KRW market. The announcement has sparked an increase in trading volume by 370%, signaling heightened investor interest and bullish sentiment toward the token.

In the last 24 hours, whale transactions on Shiba Inu have dropped to less than 1 trillion SHIB, a significant decrease that could spell future price volatility. With whale participation waning, SHIBs price may face downward pressure unless investor interest picks up.

Is Shiba Inu's price at a turning point? Exploring the burn rate vs.

The crypto market is a highly speculative community. A lot of what-if scenarios are constantly thrown at the wall as investors wonder “what could be” for their favorite cryptocurrencies.