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Leading meme coin Shiba Inu (SHIB) has witnessed a significant decline in large-holder coin flow to exchanges in the last week.

Shiba Inu and Dogecoin have suffered market crashes today after the Bitcoin price crash. Both of these meme coins have seen their prices fall more than 7% already, leaving investors bewildered as to what is causing the crash.

Shiba Inu Coin Price Prediction: Meme coins like Shiba Inu, Dogecoin, and Pepe are falling drastically amid the bloodbath in the crypto market this week. Although bears dominated trading in June, Bitcoin toppling $60,000 support intensified pressure on the sell side.

In an unexpected and thrilling announcement, Shiba Inu's pseudonymous lead, Shytoshi Kusama, has taken to X (Twitter) to announce its first-ever meet and greet event, stirring excitement within the SHIB community. The event is set to take place at the IVS Official Shiba Inu booth in Kyoto, marking a significant moment for the community.

The local bottom might not have been found, according to CoinMarketCap.

Shibarium, the layer-2 blockchain solution for Shiba Inu, has seen a big jump in average transaction fees over the past 24 hours. Data from Shibariumscan shows that the amount of BONE tokens spent per transaction has shot up from 30.4 to 90.84.

There was a massive crypto crash today, with the total market cap dropping to $2.14 trillion. This marks a 4.3% decrease over the past 24 hours.

The price of Shiba Inu has dropped by 8% in the past 24 hours, slumping to $0.00001528 as the entire crypto market suffers a bearish selloff today.

As Shiba Inu faces a significant price dip, the next massive support range identified by on-chain data might provide a crucial point of reference for SHIB's price action. The range between $0.000008 and $0.000014, where 155.15 trillion SHIB were acquired, according to on-chain data, could act as a significant buffer against further declines.

Shiba Inu now trades at the $0.000015 price level, which is the support of the "last resort," and there is a real possibility of an aggravation. We might even see Shiba Inu adding another zero to its price if $0.00001 does not hold.

The memecoin trading volume has surged to some extent, unfortunately, the volume is flowing in favour of the bears. Shiba Inu, the second-highest memecoin as per the market cap, has also recorded an over 11% drop in the past couple of days.

A major thing that is happening for Shiba Inu is the rapid acceleration in the burn rate that has sent more SHIB tokens to the burn address.

Today, BitMEX has launched a new product: the MEMEMEXTUSDT. This is a Basket Index perpetual swap contract.

Check out which meme coins are deep in the red today (July 4).

BitMEX, one of the largest digital asset exchanges, has rolled out a meme coin basket index.

Scott Melker and Austin Arnold explore the potential influence of Shiba Inu and Solana ETFs on the cryptocurrency market, emphasizing their growth prospects. Bitcoins Rise Driven by ETFs Scott Melker, host of The Wolf of All Streets, and Austin Arnold, co-host of Altcoin Daily, discussed potential future developments in the crypto ETF market.

Bitcoin has failed to regain a foothold above the $63,000 mark, which led to a move toward $61,000. Unfortunately, this outcome opens up a pathway for a plunge below $60,000.

After showing glimpses of promise at the start of July, Bitcoin's (BTC) price slumped back to the $60K mark with other cryptocurrencies nursing declines of their own.

Shiba Inu marketing lead, Lucie has made a cryptic announcement to the SHIB community, indicating that something “special” was set to take place and highlighting the potential for more SHIB token burns.

Bonk (CRYPTO: BONK) is down over 30% over the past 30 days, with traders wondering whether there is any upside to expect from the meme coin. What Happened: One trader sees Bonk rebounding from a support trendline but for bullish continuation, the meme coin needs to break above its resistance level.

Bitcoin price struggles to trade above $60,000, and the bullish setup displayed by altcoins is also beginning to crumble. Is the bull market coming to an end?

A ground-breaking discovery in Coinbase filings awakens Shiba Inu custodians, rushing to sign the SHIB ETF petition.

The cryptocurrency market is currently in a lull following a significant bull wave. Consequently, Dogecoin (DOGE) whales are dumping their DOGE and Shiba Inu (SHIB) holdings.

Bitcoin's cryptocurrency market dominance has been decreasing slightly, leading analysts to predict a potential bottom for altcoins and the beginning of a new alt season. The largest cryptocurrency by market capitalization has been on the defensive for the past few weeks, reaching multi-month lows.