Shiba Inu Clone VINU Soars 55% After Binance Alpha Listing
Launched in December, Binance Alpha program provides a listing pool for upcoming tokens.
Keep up with what's happening in the crypto world in real-time.
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.
Shiba Inu whale activity soars, hitting a three week high, but bearish sentiment persists.
After recording a bearish weekend, the bearish influence over the crypto markets escalated. With the huge drop in the S&P 500, the crypto markets also slashed, wiping out over $200 billion. The major tokens like Bitcoin, Ethereum, and Solana faced huge pullbacks, forming fresh bottoms.
Bulls remain weaker than bears today, according to CoinStats.
Dog-themed cryptocurrency Shiba Inu (SHIB) is at a decisive juncture, and a breakdown below a key support could lead to a major decline, potentially adding another zero to its price tag.
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According to on-chain data, 60% of Shiba Inu holders are currently losing money, which presents a harsh reality. Many investors were caught offguard by the meme coins' recent price decline, especially those who purchased during recent rallies in anticipation of another leg up.
According to the data shared publicly by the Shibburn blockchain tracker, over the past day, an important metric of the second largest meme coin, Shiba Inu, has soared to display a three-digit rise, with millions of SHIB coins disappearing forever.
The cryptocurrency market faced a sharp downturn over the past 24 hours, with Bitcoin (CRYPTO: BTC) dropping to a low of $87,115 before stabilizing at $88,850, marking a 7% decline. Ethereum (CRYPTO: ETH) saw an even steeper drop of 10%, trading at $2,420.
A move above $0.00001570 is crucial for bullish momentum for Shiba Inu, while $0.00001350 is an important support level.
Despite burns, Shiba Inu is facing some resistance, and price recovery remains uncertain without catalysts.
DOGE, SHIB, PEPE, and BONK are seeing massive losses, while BTC and XRP continued to outperform, maintaining significant post-election price gains.
Shiba Inu (SHIB) price is facing a challenging market environment as bearish trends dominate the meme coin. Over the past month, SHIB price has experienced a decline, reflecting concerns within the crypto market.
Bitcoin and most altcoins crashed on Tuesday morning, continuing a trend that has been going on in the past few months. BTC crashed to $91,000 for the first time since February 3rd and 15% below its highest level this year. Other altcoins were also in the red.