Shiba Inu Price Surges 12% Whale Demand Hits 3-Month Peak of 1.5 Trillion
Shiba Inu price hit the $0.000014 mark on Sept 10, up 12% in the last 4-days. Fresh on-chain movements suggest whale investors may trigger another breakout.
Keep up with what's happening in the crypto world in real-time.
Shiba Inu price hit the $0.000014 mark on Sept 10, up 12% in the last 4-days. Fresh on-chain movements suggest whale investors may trigger another breakout.
Shiba Inu's marketing lead Lucie on Tuesday issued an important announcement about the SHIB ecosystem's Layer 2 blockchain, Shibarium. The marketing lead stated, “In just under 9 days, something big is coming” to the Layer 2, sparking a buzz across the broader industry.
Check out which cat-themed meme coin hit a new ATH.
After weeks of uncertainty, Dogecoin is starting to show signs of recovery as its price is rising steadily. DOGE is currently trading at $0.10, slowly approaching the second zero of the decimal point — a psychological barrier that might indicate new life for the meme-based cryptocurrency.
Shiba Inu (SHIB) rebounded with a 68% rise in whale transactions, pushing the tokens market activity past $25 million. This sudden surge follows a challenging week for SHIB, hinting at renewed bullish sentiment driven by large account holders.
Shiba Inu (SHIB) is experiencing a significant decrease in trading volumes, with the tokens liquidity now at risk. The sharp decline in whale activity and on-chain metrics signals potential long-term challenges despite recent price stability.
SHIB's lead deciphers Shiba Inu's advantage over its younger peers as canine cryptos fight for dominance.
Shiba Inu (SHIB) is at center stage in a major market reshuffle following a week-long drawdown. At the time of writing, data from CoinMarketCap showed Shiba Inu was trading for $0.0000132, up by 1.75% in 24 hours.
Shiba Inu has been struggling to post significant price gains lately, but famed investor Jake Gagain does not care about it and stays extremely optimistic about the cryptocurrency's future. Related Reading: Helium (HNT) Network Expansion Fuels 13% Gains Despite Faltering Market Despite the recent dip in value, Gagain was still very optimistic about SHIB.
Dog-themed cryptocurrency Shiba Inu (SHIB) is seeing a 164% surge in large holder inflows, an indicator that tracks the funds going into addresses belonging to whales, according to IntoThBllock.
As the Shiba Inu (SHIB) price struggles in a long-term downtrend, Shiba Inu holders are beginning to back a new meme coin project, with some analysts predicting gains of as much as 10x or 1,000%.
Over the past 24 hours, Shiba Inu (SHIB) has seen some unusual activity behind the scenes as, according to data from IntoTheBlock, there has been a huge increase in whale activity, with the popular meme-inspired token experiencing a spike of more than 74.1% in the volume of large transactions over the past 24 hours.
Shiba Inu (SHIB) price, a popular meme cryptocurrency, has experienced a slight market rebound in recent trading sessions. Despite this, the SHIB price continues to face challenges in maintaining upward momentum.
Elon Musk has declared the Shiba Inu dog, commonly known as “Doge,” as the official mascot for his proposed Department of Government Efficiency. This announcement came after an earlier tweet featuring an AI-generated image of Musk with the acronym “DOGE,” sparked a modest surge in Dogecoin price.
Let's take a closer look at what the Shiba Inu price outlook for the following days are based on three important technical metrics.
With trading volume and large transaction metrics at all-time lows, Shiba Inu is going through a difficult time. Even though SHIB's price has been doing fairly well these past few weeks, there appears to be less market interest, as evidenced by the notable decline in on-chain activity, especially trading volume.
Memecoins lifted Sunday as the broader cryptocurrency market staged a spirited recovery from Friday's lows. What happened: Cat-themed cryptocurrency, Popcat, led the rally, with gains upwards of 6.5% in the last 24 hours.
The end of the week is bullish for the crypto market, according to CoinStats.
Shiba Inu (SHIB) investors have been given a major reality check as crypto analysts issue a more cautious and pessimistic outlook for the meme coin's price. While still confident in Shiba Inu's long-term bullish potential, the analyst urged investors to temper their expectations, warning them that a dramatic price spike would be unlikely anytime soon.
In just one day, 1.9 trillion Shiba Inu were transacted: SHIB whales might finally be returning. With almost 1.9 trillion SHIB transferred in the last 24 hours, big whale transactions involving Shiba Inu have experienced a surge.
As we head into the final quarter of 2024, the meme coin market remains as volatile and exciting as ever. With Shiba Inu (SHIB) showing resilience, and new competitors like Mpeppe (MPEPE) rising fast, it's a good time to evaluate where these coins might be headed.
Meme tokens continue to dominate headlines. The latest buzz centers around Mpeppe (MPEPE), a hybrid meme token that has captured the attention of Gen Z and millennials who previously made a fortune investing in Shiba Inu (SHIB).
PEPE price fell towards $0.000063 on Sept 6, down 20% within the weekly time frame, however markets data shows rising demand for PEPE across DEXs, and the derivatives trading platforms.
There appears to have been a trend of comparing Shiba Inu (SHIB) to other meme coins like Dogecoin (DOGE), Pepe Coin (PEPE) and Dogwifhat (WIF). Shiba Inu's marketing lead LucieSHIB commented on this trend and noted that such comparisons are unwise.
