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Shiba Inu (SHIB) recently attempted to break above the 26-day Exponential Moving Average (EMA), but the move was a fakeout, trapping bullish traders before the price retraced. Currently, SHIB is trading around $0.00001410, lacking strong upward momentum.
Shiba Inu (SHIB) price has been consolidating after the recent crypto market correction. However, analysts see signs of a rebound, indicating a potential bullish trend.
Shiba Inu (SHIB) has been facing a difficult period in the cryptocurrency market, with its price nearing a critical point where it could lose even more value. Once a top contender in the coin space, SHIB is now under intense selling pressure, erasing most of its recent gains and trading at its lowest levels in months.
March appears promising for Bitcoin and the broader cryptocurrency market, as a handful of bullish events and historic market patterns are expected to occur in the coming weeks.
Popular onchain data platform Shibburn, which tracks SHIB burn transactions on the Ethereum chain and then shares the details on its website and its X handle, has noticed a massive SHIB transaction which proved to be a burn transfer.
The Dogecoin and Shiba Inu prices have witnessed double-digit crashes in the last few days, sparking a bearish sentiment for the foremost meme coins. This price decline has occurred due to several factors, including Trump's tariffs on Mexico and Canada.
Meme coin battle heats up as Catzilla rises with a 700% ROI potential, challenging SHIB's dominance. #partnercontent
Shiba Inu (SHIB), the dog-themed meme coin, has posted a rebound in its price action after witnessing intense volatility in the past seven days. SHIB dipped to a low of $0.00001238 from a high of $0.00001512 within this time frame.
The rates of coins keep going down today, according to CoinStats.
The pseudonymous marketing expert of the Shiba Inu team, known to the crypto community as Lucie, has addressed the SHIB army regarding the current market decline.
Two popular meme coins, Shiba Inu and Pepe Coin, have experienced a substantial drop in value, leaving many reeling. Investing in these currencies today is akin to putting your investment at risk, with minimal potential for recovery.
Shiba Inu News: SHIB marketing lead Lucie recently revealed why the crypto's team is not making any major announcements amid the broader market crash. Notably, Lucie has reflected a gloomy outlook surrounding poor market conditions on X this Tuesday, deeming it to be the reason for no latest advancements.
The wandering dog of crypto seeks refuge, torn between a heavenly ascent and an abyssal fall, as the market oracles whisper uncertain prophecies.
The price of Shiba Inu is about to drop by another zero due to strong selling pressure. After battling for months, SHIB has lost the majority of its previous gains and is now at its lowest point in recent history.
Shiba Inu (SHIB) is set for a major price move, with AI predicting a 97% surge by March 2025. But is it the right time to invest amid rising scams?
Cryptocurrency prices were on edge on Tuesday, mirroring the performance of American stocks. Bitcoin price plunged to $84,000, a big drop from the weekend high of over $100,000. The total market cap of all cryptocurrencies tracked by CoinMarketCap plunged by over 10% to $2.77 trillion, while liquidations jumped.
The cryptocurrency market's focus has once again shifted to Bitcoin as it looks to regain its bullish momentum. A significant recovery ensued following a steep correction that saw Bitcoin momentarily fall below $92,000, driven by the U.S. announcement of a strategic crypto reserve.
Shiba Inu (SHIB), the popular dog-themed cryptocurrency, has shown signs of recovery, with its profitability increasing to 40%. This is a notable improvement after it recently dropped to a low of 18%.
Shiba Inu ecosystem's main pair of tokens SHIB & BONE could serve as gas fee payment options on Ethereum.
Mutuum Finance (MUTM) is quickly becoming one of the top performers, set to unseat leading meme coins like Pepe Coin (PEPE) and Shiba Inu (SHIB). At the time of press, Shiba Inu is trading at $0.00001413 and Pepe Coin at $0.0000074.
Shiba Inu (SHIB) investors were left stunned after the cryptocurrency experienced what seemed like a promising breakout, only to face a sharp reversal. The price briefly surged past the critical resistance level of $0.000014, triggering excitement among traders, but it quickly fell back below that mark, leading many to wonder if this price movement was merely a “fakeout.
"Always verify the handle and followers," Shibarium Trustwatch advised.
As became known thanks to on-chain data from Arkham Intelligence, an unknown Shiba Inu (SHIB) whale deposited all their meme coin holdings to Coinbase just 10 hours ago. Thus, almost 174.6 billion SHIB, which is roughly equal to $2.53 million, ended up in the hot wallet of the leading U.S. cryptocurrency exchange, sent there by the address "0x45492.
Dog-themed cryptocurrency Shiba Inu (SHIB) is showing signs of recovery, with the percentage of holders "in the money" returning to 40%, a significant rebound from its recent low of 18%. This marks a turnaround in market sentiment, suggesting renewed investor confidence in the dog-themed coin.
