Shiba Inu: Are whales losing interest in SHIB?
MakerDAO founder sells significant quantities of SHIB, adversely affecting the memecoin's price.
Keep up with what's happening in the crypto world in real-time.
MakerDAO founder sells significant quantities of SHIB, adversely affecting the memecoin's price.
As the cryptocurrency market rides out its most recent wave, with Bitcoin (BTC) recently hitting a new all-time high (ATH) after briefly topping $69,000, the ripple effect is being felt across the entire sector.
Shiba Inu is back in the spotlight with a massive rally. Key Support levels: $0.0000025 Key Resistance levels: $0.000037 1.
Most of the coins are keeping their bull run, however, there are some exceptions to the rule, according to CoinMarketCap.
As the crypto market continues to be in the green, with the market capitalization edging closer to the $2.6 trillion mark, altcoins are not being left behind as they are making significant strides.
Bitcoin (CRYPTO: BTC) moved lower, with the cryptocurrency prices falling below the key $67,000 level on Wednesday. Ethereum (CRYPTO: ETH), meanwhile, recorded gains, trading above the key $3,800 mark this morning.
Binance, the top crypto exchange, has added new trading pairs for meme coins like Dogecoin (DOGE), Pepe Coin (PEPE), and Shiba Inu (SHIB). This move comes as meme coin prices surge, showing strong investor interest in this market.
In a thrilling move, Binance, the leading cryptocurrency exchange, has amplified the frenzy surrounding meme coins by introducing new trading pairs for popular tokens like Dogecoin (DOGE), Pepe Coin (PEPE), and Shiba Inu (SHIB), among others. Meanwhile, this decision comes amid a recent surge in the prices of meme coins, indicating a robust investor sentiment
Shiba Inu price has dropped by 12 % from what it was yesterday and might rebound back to the hike zone. This price drop was quick, even when SHIB performed very well over the last few days.
New data from crypto tracker Lookonchain reveals that a 2021 trade involving memecoin Shiba Inu (SHIB) has posted over 600x gains and has moved onto top US-based crypto exchange Coinbase. Lookonchain notes the trader spent 1.
Shytoshi Kusama, the lead figure behind Shiba Inu, recently shared a bold prediction about the cryptocurrency's future market value. Reposting a statement suggesting that Shiba Inu could achieve a market cap of $100 billion during this market cycle, Kusama added a GIF from “Family Business,” featuring Robert Picardo with the words “YOUR WORDS, NOT MINE.
Binance announces the launch of new spot trading pairs and the expansion of trading bot services on its platform starting from March 7, 2024, aiming to enhance users' trading experience and provide a wider range of trading choices.
The massive profit will be realized if the trader sells the stash.
Shiba Inu and other meme coins have been rallying in recent months.
Dog-themed cryptocurrency Shiba Inu has been the star of the week so far, gaining nearly 300% in the last seven days.
Shytoshi Kusama, the lead developer of Shiba Inu (CRYPTO: SHIB), slammed U.Today for misquoting him in an article about SHIB reaching a $100 billion market cap. What Happened: U.
Shiba Inu (SHIB) has been a major delight to the community after an intensive rally over the past week. Per current market data, the digital currency is seeing a reversal in its price as the token is down by 3.56% in the past 24 hours to $0.00003782.
Investors are venturing back into the riskier segments of the cryptocurrency industry.
The entire cryptocurrency market is undergoing a significant correction, pushing prices below crucial support levels. Shiba Inu has been heavily affected by this downturn, with the token losing some of the gains it had made in the previous day.
The meme coins have gained notable traction lately, amid a price rally of the major players in the segment, especially the Solana-based dogwifhat (WIF). However, recent retreats in the prices of top contenders like Shiba Inu (SHIB) and Dogecoin (DOGE) have stirred speculation about the sustainability of the meme coin frenzy.
Shiba Inu's price recently witnessed a notable incline, and investors and traders are keenly observing the indicators to forecast its next move. Is this just another crypto rollercoaster, or are we seeing the beginning of a sustained price elevation for the memecoin?
According to the data shared by the blockchain tracking platform Shibburn, since last morning the Shiba Inu community has managed to dispose of over 177 million SHIB meme coins. It happened while the second major meme-inspired cryptocurrency SHIB collapsed by 40% and then staged a substantial recovery earlier today.
On-chain data reveals 1.8 trillion SHIB on the move, with an unknown wallet transferring substantial amounts to another unknown address and significant portions to Binance. Despite a dip in Shiba Inu's price, there's anticipation of a potential pump.
Crypto market saw massive selloff in the last 24 hours plunging the global crypto market cap by more than 2% from $2.57 trillion to a low of $2.29 trillion. Bitcoin (BTC) and Ethereum (ETH) prices tumbled 15% within 5 hours, and other altcoins including Solana (SOL), BNB, XRP, and Cardano (ADA) also fell.
