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Shiba Inu price continued its downward trend and neared a crucial support level even after Shibarium crossed a major milestone. Shiba Inu (SHIB), the second-biggest meme coin, dropped to $0.
Shiba Inu (SHIB) has lost 15.56% of its value amid bearish pressure on the cryptocurrency market. The dog-themed meme coin risks adding another zero to its value if the downturn lingers for long.
Despite SHIB's price decline, certain cohort of holders have demonstrated resilience and long-term belief in the asset.
SHIB is heating up again! Is this your last chance to buy before a big breakout?
Despite the ongoing price suppression and the current lull in the broader crypto market, the SHIB army maintains a long-term perspective and is confident in Shiba Inu's future potential.
Shiba Inu's long-term holders rise 7.5% while exchange reserves fall 37%, pointing to reduced sell pressure.
According to data from IntoTheBlock, long-term Shiba Inu (SHIB) holders now collectively own more than 80% of the total supply. This highlights a significant level of commitment among this class of holders, despite the recent uncertainty on the market.
Shiba Inu's official marketing lead known to the community by the pseudonym Lucie has published a tweet to announce that Shibarium's Gold Age has arrived. She shared a post on this topic issued by the “Shibarium Updates” X account affiliated with the SHIB team.
Crypto markets have been rocky so far in 2025. Nearly every major name has lost value this year, Shiba Inu (SHIB -0.80%) included.
Despite a prolonged bearish trend, Shiba Inu's current technical indicators indicate that the worst may already be over. The data presents a somewhat different picture despite persistent concerns that SHIB might add another zero to its price.
Shiba Inu (SHIB) is consolidating near a crucial support level at $0.000012, a zone that has historically sparked reversals. Currently trading at $0.00001245, SHIB faces a pivotal moment as bulls and bears grapple for control.
Dogecoin is currently negotiating a narrow trading range that is surrounded by three significant levels of support and resistance that could impact it in the near future. The asset is currently trading at $0.173, down a little for the day and exhibiting signs of indecision as it lingers in the middle of the price range.
Shiba Inu price remains volatile hovering around the $0.000012 mark on Wednesday, April 2. Historical market trends offer insights into how SHIB price could react if Ripple (XRP) price races towards the $5 mark in the months ahead.
The crypto market volatility has erased gains recorded after the last dip. Recent fluctuations in the top crypto prices have taken their toll on meme coins, leading to whales plunging into panic mode.
While Shiba Inu (SHIB) falters today, metrics and recent price action suggest underlying strength. The post What's Fueling SHIB's 5% Rally? Metrics Say This Is Just the Beginning appeared first on Cryptonews.
The popular meme-inspired cryptocurrency Shiba Inu (SHIB) seems to be missing from the headlines lately. However, this may soon change, as despite the lack of action on the price chart of SHIB amid all the broader crypto market turmoil of late, behind the scenes, in the on-chain realm, SHIB is still active.
Market sentiment comes into play as Shiba Inu tries to flip a 550 trillion resistance bubble into support.
Cryptocurrency market prices experienced turbulent movements on April 2, with most altcoins facing notable pressure across the market. Although Bitcoin remained above $65,000, its rally showed signs of fading momentum.
Shiba Inu has torched more than 115 million SHIB in its sustained deflationary push, a positive shift that is yet to impact the memecoin's price.
Dog-themed cryptocurrency Shiba Inu (SHIB) has recorded 2.38 trillion SHIB in transaction volume over the last 24 hours, according to IntoTheBlock data. This figure might seem impressive, but it represents a drop from 4.54 trillion SHIB recorded on March 31.
The bounce back has not lasted long, and most of the coins are back to the red zone, according to CoinMarketCap.
The meme coin frenzy surrounding Dogecoin (DOGE) and Shiba Inu (SHIB) is seeing a seismic shift as traders pivot to a new high-potential crypto coin: Rexas Finance (RXS). Unlike traditional meme coins, RXS offers real-world asset tokenization, unlocking access to lucrative markets such as real estate and gold.
Shiba Inu price has remained in a consolidation phase in the past few weeks. It dropped from a high of $0.00003322 in November and has stalled at the crucial support level at $0.00001240.
Data shared by popular blockchain tracker Shibburn, which monitors large SHIB transactions to dead wallets and then shares the details on its website and X account, has revealed that over the past day, there has been a massive five-digit increase in the Shiba Inu burn rate.
