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Since the first week of December 2024, the Shibarmy has experienced a choppy market for Shiba Inu (SHIB) akin to Ethereum (ETH). The mid-cap dog-themed memecoin, with a fully diluted valuation of about $7.
The total cryptocurrency market cap has lost more than $1 trillion in the past three months, causing intensified panic selling.
Shiba Inu is not only seeing a decline in price, but also a falling Open Interest. A technical outlook reveals a potential reversal.
Shiba Inu (SHIB) price has gained attention recently, but it is struggling to maintain momentum. Currently, SHIB is hovering near the $0.000011 support level, showing difficulty in recovering.
Shiba Inu (SHIB) whales are waking up again, as showcased by the significant on-chain activities. In the last 24 hours, SHIB whales have engaged in large transactions, which have jumped by 67%.
According to data from Shibburn, only 1,813,008 SHIB tokens were burned in the past 24 hours. Despite the relatively small amount, the daily burn rate has surged by a surprising 112%.
Wall Street analysts have raised their recession predictions, a move that may affect Bitcoin and other popular altcoins like Shiba Inu, Dogecoin, Ripple, and Cardano.
Extreme downward pressure is being applied to Shiba Inu as the asset finds it difficult to maintain market stability. A substantial rejection at a critical level is suggested by the recent price action, indicating that bearish sentiment is still in control.
The digital artwork was minted on the Tezos blockchain.
The official marketing lead of the Shiba Inu team, known under the pseudonym Lucie, has addressed the crypto community with a post, revealing the key features of the innovative product recently launched by SHIB – the SHIB OS (operating system).
Shiba Inu (SHIB) has faced intense bearish pressure in recent weeks but remains resilient. Despite struggling to hold key support levels, recent price action suggests that bulls are not ready to give up.
After experiencing a massive price crash, Dogecoin (DOGE) and Shiba Inu (SHIB) continue to struggle to recover, currently trading at significant lows. Despite this broader market downtrend, the Machine Learning Algorithm CoinCodex shares an optimistic forecast, offering a glimmer of hope in this bearish market.
After weeks of dictating its market direction, XRP is still stuck in a downward channel. Both the channel's upper and lower boundaries has been moving steadily downward.
Shiba Inu successfully tested the $0.000010 support as buyers dominate the market.
Dogecoin (DOGE) and Shiba Inu (SHIB), the two largest meme coins by market capitalization, are taking a breather today after some heavy losses in the past week.
Dog-themed cryptocurrency Shiba Inu (SHIB) has climbed 8% in the past 24 hours, reversing an earlier sell-off at the start of the week. At the time of writing, SHIB was up 8% in the last 24 hours to $0.0000123, extending its rebound following four straight days of falls since the weekend.
Shiba Inu price has been gaining momentum, fuelling speculation about whether it can hit the highly anticipated $0.001 mark in the next 45 days. SHIB has staged an impressive 7% gain today, March 12, 2025, and trades at $0.0000124.
Major meme coins are bouncing despite the traditional stock market continuing to decline amid President Donald Trump's trade war.
The market may have touched a local deep, according to CoinStats.
The cryptocurrency market has seen a slight recovery, with Ethereum prices hovering around $1,900. This follows a recent surge of 1.81% in the ETH coins market capitalization in the last 24 hours.
Despite reclaiming some of the lost ground, SHIB remains in the red on a weekly scale.
Expert analysts are now paying attention to Mutuum Finance (MUTM) instead of watching Shiba Inu (SHIB) survive its enduring price drop. During its current presale MUTM sought and received $3 million investments from 5,100 investors by offering tokens at $0.02 each price.
Dog-themed cryptocurrency Shiba Inu (SHIB) is facing significant downward pressure amid a broader market sell-off. Continued bearishness drove cryptocurrency prices considerably lower over the weekend, and the sell-off continued into Monday's session.
Amidst the ongoing sell-off in mainstream cryptocurrencies, a new contender, Remittix is emerging as a potentially superior investment option for forward-thinking crypto enthusiasts. Established names like Ethereum, Cardano, and Solana are having a hard time since the start of 2025.
