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Shiba Inus (SHIB) burn rate has rocketed by a staggering 7,911%, wiping 281 million tokens out of existence. As SHIBs circulating supply shrinks, the tokens price is gearing up for an explosive move past the $0.00002 resistance level.
Shiba Inu's quest to slash circulating supply is paying off since the ecosystem's burn rate recently hit an astonishing 18,592%, according to Shibburn data.
Shiba Inu (SHIB) whale transactions exploded by 517%, with over $58 million moved after SHIB revealed a groundbreaking AI-powered partnership with Mass Finance, set to transform its financial ecosystem. Whale Activity Surges 517% After Partnership Announcement The revelation of an exciting new alliance has caused the dog-themed cryptocurrency Shiba Inu (SHIB) to experience a tremendous increase in whale activity, with a jump of 517%.
The cryptocurrency market is experiencing renewed bullish momentum, with Bitcoin recently surpassing the $65,000 mark. Despite minor corrections, many crypto coins are witnessing a surge in demand.
A noted Forex trader enters the crypto sphere with three low-cap investments set to soar with exponential potential. These include Dogwifhat (WIF), Fantom (FTM), and IntelMarkets (INTL).
Shiba Inu (SHIB) has witnessed a massive spike in its burn rate in the last 24 hours, providing a bullish outlook for the second-largest meme coin by market cap.
Shiba Inu's new partner previously teamed up with the payment giant Stripe.
Despite delaying ShibaCon, the meme community-uniting conference offers free VIP tickets in an undisclosed destination.
Most of the cryptocurrencies keep setting new local peaks, according to CoinStats.
Shiba Inu (SHIB) has recently experienced a notable price surge, drawing attention to the meme-based cryptocurrency. However, analysts remain doubtful about its future, with one labeling SHIB a “relic of the past.
Dog-themed cryptocurrency Shiba Inu (SHIB) has seen a remarkable surge in whale activity, skyrocketing by 517% amid the announcement of an exciting new partnership.
Here's what signals that SHIB can jump even higher in the short term.
The crypto market sentiments appear to have flipped in favour of the bulls the traders have displayed some confidence. Besides, the volume remains restricted below $100 billion, which suggests a large chunk of them remain uncertain of the upcoming trend. Meanwhile, the memecoins have gained significant attention, mostly the newly launched ones.
After a huge spike in on-chain activity, which was exemplified by a recent transaction volume of 3.12 trillion SHIB in a single day, Shiba Inu is beginning to rise again. This notable increase in large transactions suggests that the market is once again interested in the well-known meme coin and may portend a reversal or new bullish momentum.
The high-ranking representative of the Shiba Inu team, Lucie, addressed the SHIB community with a fundamental message about crypto and its true potential - which has not been unleashed yet.
The outlook for SHIB remains uncertain, with no clear consensus on its next move.
Shiba Inu (SHIB) is back on track after its burn rate picked up a massive surge for the second time. After igniting by over 14,000% on Oct. 14, the meme coin has soared further by 7,911%.
Technical analysis suggests Shiba Inu (SHIB) may be forming a bull flag pattern, with some analysts projecting a potential breakout that could lead to significant price increases.
The cryptocurrency market is stable at the moment, with Bitcoin priced at $63,000. Since Bitcoin has reached $60,000, other altcoins are reacting positively.
Shiba Inu coin lead developer Shytoshi Kusama has once again echoed a frenzy across the global crypto landscape, spotlighting a game-changing partnership for the SHIB ecosystem. On Tuesday, the lead developer drew attention to the latest partnership with ‘Mass Build,' hinting it to be the new ‘financial layer of the Shiba State.
In a significant development, the Shiba Inu (CRYPTO: SHIB) team announced a new partnership with financial solutions company Mass, aiming to enhance the financial layer of the ‘Shiba State'. What Happened: On Monday, the official X account of Shiba Inu revealed that Mass, with its AI-driven legal and fiscal solutions, would build the finance layer of the ambitious but utopian state.
Shiba Inu is approaching key resistance—will bulls push it higher, or will a pullback halt the rally?
Memecoins made full use of the return of bullish sentiment on Monday, with the less established ones topping the biggest market gainers list. What happened: Solana (CRYPTO: SOL)-based BOOK OF MEME pumped over 28% to become the best-performing cryptocurrency in the last 24 hours.
Technical analysis suggests that Shiba Inu is currently positioned at a critical price junction, one that could lead to a massive 400% breakout to the upside. According to an analyst on the TradingView platform, the current Shiba Inu price action is pointing towards a full breakout of a bull flag formation.
