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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.
The world's largest meme coin, Dogecoin (DOGE) could see even more heated competition from its primary rival, Shiba Inu (SHIB). According to Shiba Inu's lead marketer, Lucie, SHIB could potentially surpass Dogecoin, especially with Tesla Chief Executive Officer (CEO), Elon Musk's support for DOGE.
The Shiba Inu (SHIB) price is advancing nicely on Monday in tandem with a broader push higher in the crypto markets.
The meme coin island is abuzz with double-digit gains on Monday as one humongous whale goes on a buying spree.
Crypto trader Murad Mahmudov has listed his “top 10 picks for the cycle” after having predicted a “memecoin supercycle” at the Token2049 conference in Singapore. What Happened: The top pick is a “movement coin” called SPX6900 (CRYPTO: SPX), with a “clear mission of flipping the stock market.
The last two weeks disappointed crypto investors as the market failed to show the ‘Uptober' rally. While the early-month sell-off can be attributed to the Israel-Iran war, most major altcoins are yet to reveal bottom formation, indicating the possibility of prolonged correction.
Given the broader crypto market rebound, Shiba Inu (SHIB) has seen some metrics display very bullish sentiment. In the last 24 hours, SHIB trading volume has surged by approximately 64.29% and currently sits at $371.97 million.
In a recent tweet, Shiba Inu lead Shytoshi Kusama addressed claims circulating within the community about individuals allegedly owning billion-dollar SHIB wallets.
According to data shared by the Shibburn tracking platform with public access, the red value of the SHIB burn was suddenly pushed into the greed zone today, with an astonishing rise of almost 15,000%.
Analytics provider Lookonchain highlighted a whale trader who lost money on Dogwifhat (CRYPTO: WIF) but successfully captured profits trading Popcat (CRYPTO: POPCAT). What Happened: The trader initially lost $4.44 million trading WIF twice between April 8 and June 24.
Shiba Inu's lead developer Shytoshi Kusama caused a stir across the broader cryptocurrency market on Monday, ringing alarms against individuals claiming to own billion-dollar Shib wallets. Recently, the lead developer asked market participants to confirm such cases before blindly believing so, raising investor concerns globally.
Shiba Inu's (CRYPTO: SHIB) rising burn rates has traders speculating that the meme coin is getting ready for an upcoming price rally. What Happened: Shiba Inu's burn rate has skyrocketed by 14,575.02% since the last burn transaction of 277.6 million coins, according to Shibburn data.
Shiba Inu's price is gaining momentum, climbing over 2% today to reach $0.00001812. This recent price rally has been fueled by growing market confidence, with SHIB's trading volume spiking 31% to $319.74 million. Investors are keeping a close eye on the meme coin, with analysts pointing to several factors behind this upward trend.
Solana (SOL), XRP, and Shiba Inu (SHIB) are crypto's top contenders for the next potential breakout. These coins have distinct support and resistance levels, setting the stage for possible rallies.
The Shiba Inu burn rate has rocketed more than 14570% today, gaining significant attention from investors. Besides, this surge also comes amid a spike in SHIB price today, with recent analysis indicating towards a massive breakout for the meme coin.
The popular meme-inspired cryptocurrency Shiba Inu (SHIB) has an interesting deadline this October, as the price history of SHIB promised an increase of at least 200% up to 283%, but until Oct. 14 we only saw a gain of 2.67%.
Shiba Inu price consolidates inside a symmetrical triangle after surging 67% from September 18 to September 27. The days following this spike comprised lower highs and lower lows, forming a symmetrical triangle likely to break out in the direction of the preceding trend.
When the recovery momentum around the $0.000017 level was lost, Shiba Inu's current price pattern was deemed invalid. It appears that the symmetric triangle pattern that once suggested a breakout is weaker now.
Shiba Inu is facing growing uncertainty as whales offload 1 trillion SHIB in a massive sell-off. With whales retreating and SHIB struggling to break resistance, the market is bracing for potential downward pressure on the token.
