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Shiba Inu (SHIB) is back to a 2-month consolidation range after briefly losing it as geopolitical tensions brought uncertainties. Now, Finbold has identified key support and resistance levels to watch this week in SHIB's on-chain data and price chart.
If BTC halving causes the market to turn bullish, then Shiba Inu might touch its March 2024 highs soon.
Shiba Inu's (SHIB) burn rate, a crucial growth metric, has seen more than 57,000% in the last 24 hours, indicating a major push to boost its deflationary status. Shiba Inu Records Largest Monthly Burn Rate According to Shibburn, the meme coin's burn tracker, a burn rate of 57,262.74% was spotted.
According to data provided by CoinGecko, the leading meme cryptocurrency Shiba Inu (SHIB) is up more than 17%.
Shiba Inu saw a surge in network activity as an anonymous whale made a substantial transfer on an exchange, most likely for selling. A total of 100 billion SHIB tokens, as indicated by the chain of transactions from a wallet starting with 0x859, have been moved in what appears to be a selling spree by whales.
It's a new dawn for meme coins, as they continue showing stellar performance thanks to the bullish momentum in the crypto market.
Several larger-cap altcoins have soared in the past 24 hours, but none more than SHIB.
Shiba Inu, one of the most famous meme coins, has seen a significant price surge in a day as the value has surged 20% from yesterday. The token is trading at $0.00002767 with a market cap of $16.29B after a 19% surge.
XRP, the digital asset often associated with Ripple, is currently engaged in a fierce battle to maintain its position above the crucial $0.5 mark. This threshold holds not only technical significance but also psychological weight in the minds of traders.
Despite the pre-halving bloodbath that has reigned in the crypto market in recent weeks, Shiba Inu strategist Lucie is still optimistic about SHIB's future price prospects, positing that the meme coin is on track for a supercycle — propelled by Bitcoin's price action.
Shiba Inu (SHIB), the self-proclaimed “Dogecoin Killer,” is making headlines again. After a rollercoaster year in 2023, the canine-themed meme coin is exhibiting signs of life in the first half of 2024.
The Shiba Inu community is being targeted by another string of scam attacks aimed at profiting from unsuspecting members. As a result, the Shibaarmy Scam Alert, an X (formerly Twitter) social media handle dedicated to exposing scams, has issued a crucial warning to the entire SHIB community.
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The market is trading neutrally as the prices of some coins are rising while others keep falling, according to CoinMarketCap.
Dogecoin killer Shiba Inu (CRYPTO: SHIB) has experienced a significant surge in its burn rate, increasing by an impressive 172%. The surge coincides with a notable rebound in SHIB's market price, marking a promising turn for the dog-themed digital currency.
In the last 24 hours, the movement of SHIB tokens, totaling a monumental 4.34 trillion SHIB, represents a significant uptick in large transactions within the Shiba Inu ecosystem, prompting speculation and anticipation.
The cryptocurrency landscape is evolving rapidly, especially following the recent Bitcoin halving on April 19th. Among the myriad of digital currencies, Toncoin (TON), Shiba Inu Coin (SHIB), and XRP stand out as the top three altcoins with the potential for massive gains.
Binance, one of the world's leading cryptocurrency exchanges, has announced a scheduled system upgrade set to take place April 23.
In a bid to inject a dose of market optimism into Shiba Inu, its marketing lead, Lucie, recently took to a post on X, spotlighting a hot trend for the dog-based meme cryptocurrency in India. The post shared by the marketing lead today, April 20, drew keen attention to Shibarium bridging, as the term emerged
Navigate the cooling crypto market by identifying meme coins to sell, protecting investments from the expected slowdown in assets.
Shiba Inu, one of the most popular dog-based meme cryptocurrencies, sparked immense curiosity among crypto market traders and investors today, April 20, as its weekly burn noted a remarkable spike. Coming in tandem with the broader crypto market's recovery post-halving, this surge in the meme coin's weekly burn rate added a dash of market optimism
XRP is battling for the $0.5 threshold, a battleground that could set the stage for its future trajectory. Apart from being a strong technical threshold, it also has psychological importance.
Shiba Inu (SHIB) price was expected to note a 43% rally before the meme coin fell victim to broader market bearishness.
The Shiba Inu burn rate has seen another daily increase, which is a welcome development for the community. However, the figures being burned paint another picture, especially when it comes to participation from Shiba Inu holders in the SHIB burning initiative.
