Latest News

Shiba Inu's proud & loyal community initiated a jaw-dropping 30 million drop in the meme coin's circulation.

The general crypto market has faced significant headwinds this week, with top meme coins among the hardest hit.

Once a leading performer in the cryptocurrency market, Shiba Inu (SHIB) is having difficulty regaining ground following a 31% decline in just 30 days. With transactions above 1,000 SHIB falling 80% and whale activity decreasing 88%, the token, which is currently trading at $0.000013, has lost 43% of its value in only three months.

Major U.S. cryptocurrency exchange Coinbase recently saw a large outflow of popular meme-inspired cryptocurrency Shiba Inu (SHIB).

Shiba Inu (SHIB) price is down by 83% from its all-time highs, with the downtrend mirroring a pullback across the broader cryptocurrency market. Due to this decline, 58% of all SHIB holders are now in losses per IntoTheBlock.

Shiba Inu's token burn strategy has fueled investor optimism, with a 1,300% burn rate spike and a price uptick of 4%.

Shiba Inu (SHIB) has seen a mild price rebound on the daily chart, suggesting the meme coin's sell-off trend might be over. At the time of writing, the coin jumped by 3.76% in 24 hours to $0.00001476, paring off the losses of the past week to 4.4%.

Dog-themed cryptocurrency Shiba Inu has witnessed outflows of 719 billion SHIB in the last 24 hours, which have been linked to large holders, or whales. According to IntoTheBlock data, Large Holders Outflow, which tracks funds leaving addresses belonging to whales or large holders, totaled 719 billion SHIB in the past day.

SHIB is attempting to break out of the bear trend, sparking new hopes among investors.

Shiba Inu's market dynamics are changing rapidly, followed by the outflow of whales and a drop in activity. Unfortunately, when looking at the price and the on-chain background of SHIB, a lot of worrying thoughts are arising.

Data shared by popular data tracker Shibburn, which monitors SHIB burn transactions and then shares the details on its website and X page, has revealed that over the past day, a substantial amount of meme coins was driven out of the circulating supply.

Shiba Inu's burn rate nabbed significant investor attention in the midst of a broader market turmoil on Thursday. The latest burn metrics signaled that over 30 million tokens were sacked from the asset's circulating supply, resulting in a 1300% uptick.

Shiba Inu price could surge by 450% in the near term buoyed by its long-term breakout holding. The trend is expected to trigger another growth spurt for Shiba Inu (SHIB) in the near term despite falling prices.

Launched in December, Binance Alpha program provides a listing pool for upcoming tokens.

The meme coin hype train has taken a breather as markets struggle with adverse macroeconomic conditions. However, meme coins are not going anywhere, as can be seen by the influx of new meme coins looking to dethrone the top dogs in the ecosystem, Dogecoin (DOGE) and Shiba Inu (SHIB).

Shiba Inu price movements have caught attention as the market navigates recent downturns. Despite a looming death cross, analysts suggest a possible reversal instead of a decline.

Dog-themed cryptocurrency Shiba Inu (SHIB) is back in the spotlight as its large holder inflows surge by a staggering 206%, signaling renewed investor interest. Large holder inflows, which track the funds entering into whale addresses, have surged 206% this week, skyrocketing to 975.96 billion Shiba Inu in the last 24 hours, per IntoTheBlock data.

Shiba Inu (CRYPTO: SHIB) is gaining traction with rising burn rates rise and whale activity, prompting cautious optimism among traders remain about its ability to hold key support levels. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Shiba Inu (CRYPTO: SHIB) $0.00001423 $8.4 billion +3% -7.7% Dogecoin (CRYPTO: DOGE) $0.2081 $30.8 billion +0.7% -18.2% Pepe (CRYPTO: PEPE) $0.058107 $3.4 billion +3.5% -14% Trader Notes: The Crypto Basic reports that SHIB is hovering around its crucial support level at $0.0000147.

The Shiba Inu (SHIB) community has ramped up token burns, removing 13,938,285 SHIB from circulation in the past 24 hours, according to Shibburn. A single transaction accounted for 12,904,644 SHIB, fueling an impressive 531% spike in the burn rate.

Shiba Inu (SHIB) has been trading well below $0.000020 for the past month, experiencing a 30% decline in February. Its market cap now stands at $8.25 billion.

Bitcoin has dropped to its lowest point since 2025, breaking below a significant sideways channel and suggesting that there may be more downward pressure. Bitcoin is currently trading at $88,835, having dropped by almost 3% over the last day and broken through the crucial $92,000 support level.

Shiba Inu (SHIB) has been in the spotlight recently due to a remarkable surge in its token burn activity, which increased by a staggering 2532.14% over the past 24 hours. This surge is part of efforts to reduce the circulating supply of the cryptocurrency, which theoretically could drive its value upward due to scarcity.

Crypto market volatility continues as Shiba Inu price trades near a crucial support level. SHIB is hovering around $0.000013, mirroring the broader downturn.

Tuesday's crypto freefall escalated with Bitcoin, Solana, Shiba Inu all hitting quarterly lows.