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The latest data from IntoTheBlock shows that large-scale transactions in Shiba Inu (SHIB) have increased by over 361% in the past 24 hours. The number of transactions in USD went from $10.95 million to $39.6 million, with the total amount of SHIB going from 628.55 billion to 2.34 trillion tokens.
One of the Shiba Inu team's social media admins known as @DavinciShib on the X platform has published an important warning to the Shiba Inu community.
Shiba Inu's Lucie anticipates a November bull run while expressing caution amid the uncertainties of the US election.
The Shiba Inu (SHIB) burn rate has displayed an unusual anomaly in the past 24 hours. After a landmark rally in the past week, the last time any SHIB entered the burn wallet was two days ago.
In a post on social media platform X, Lucie, the Shiba Inu marketing lead, expressed expectations for a November bull run and plans to seize the opportunity with a few interesting cryptocurrencies.
For the Shiba Inu price to reach $1, several key factors must align perfectly. This price milestone would require substantial changes in market conditions that would propel it to new heights.
Recently Shiba Inu's volatility has dropped to almost zero and the asset has been trading in an exceptionally narrow range. The price floor $0.000016 has served as a bulls' line of defense and the token is remaining stable around it.
The cryptocurrency market has seen a surge of interest in meme coins, with tokens like Shiba Inu and Dogecoin making headlines in past years. However, 2024 has introduced a new contender: Vantard. This nascent project has quickly raised over $306,000, achieving the title of the year's most promising crypto presale.
Shiba Inus enigmatic developer Shytoshi Kusama took to X to voice his exasperation, warning SHIB fans of new scam tactics exploiting his online presence. He emphasized the importance of verifying information through official SHIB channels.
Following a notable uptick in September, Shiba Inu has been in recovery mode for the past few weeks. Important moving averages on the chart have converged, which has put SHIB on traders' radars as they watch for an impending volatility spike.
Shiba Inu (SHIB) experienced a notable boost last week, driven by a broader crypto market rally spearheaded by Bitcoin and Ethereum.
The price of Shiba Inu (SHIB), the popular meme-inspired cryptocurrency, has recently come under a lot of selling pressure, dropping over 6.1% in the past 24 hours. Right now, SHIB is trading at $0.0000164, which is close to the low it hit in late October.
The recent fluctuations of Shiba Inu raise concerns and hopes among crypto investors. Is this the right time to invest?
The dog-themed cryptocurrency Shiba Inu (SHIB) has seen a surge in its burn rate, skyrocketing by an astonishing 6,153% over the past week.
In contrast to the trillion-level transactions that were the on-chain activity for Shiba Inu, the same level has significantly declined with only 628 billion SHIB transacted in the last 24 hours. This declined volume raises concerns about the long-term viability and market appeal of SHIB by pointing to a potential change in whale activity.
The crypto universe has closed another week with remarkable developments unfolding across the broader sector. While Ripple vs.
The Shiba Inu price movement has been marked by ups and downs in the past seven days. Particularly, the meme coin rallied from $0.00001660 to $0.00001996 in three days before dropping sharply to $0.00001770 in the three days after.
Despite a massive burn rate spike, SHIB might struggle to break out of its historical price trends.
The Shiba Inu burn rate has experienced a dramatic rise, soaring by over 24,271% in just one day. This massive token burn, as reported by the Shibburn tracking platform, coincides with a notable uptick in Shibarium transactions.
The crypto market has witnessed a bearish turnaround ahead of the U.S. presidential election. As Bitcoin price dives below the $70,000 threshold, most major altcoins, including popular memecoin coin SHIB, showed renewed selling pressure.
The cryptocurrency market is mainly falling today, according to CoinStats.
In October, Shiba Inu's (SHIB) price increased by 10%, driving speculation that the token could extend this rally. But as November began, things seemed to have changed.
Shibarium's impressive transaction count blowout since the last week of October has sparked excitement in the Shiba Inu ecosystem. However, the daily transaction volumes have since dropped considerably compared to the stunning 4.77 million recorded on that occasion.
The mysterious SHIB lead developer known to the community under the pseudonym Shytoshi Kusama has published a thread on his account on the X social media network (formerly known as Twitter).
