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This shift follows the launch of Bitcoin ETFs, contributing to a surprising turn in the crypto market. Interestingly, many altcoins, led by Ethereum (ETH), have outperformed Bitcoin, with ETH surging by 12.8% while Bitcoin experienced a 3.5% decline.
The first cryptocurrency tests the 50-day EMA, an important level that often foreshadows significant market movements. This technical threshold is more than just a line on a chart; it represents the demarcation between bullish hope and bearish reality.
Shiba Inu (CRYPTO: SHIB) is down 4.3% on the day, but fundamental developments point to potentially better times ahead for the Dogecoin (CRYPTO: DOGE) rival. What Happened: U.Today cited IntoTheBlock data that large transaction volumes skyrocketed from 902.36 billion SHIB on Jan. 14 to 5.9 trillion SHIB on Jan. 16, marking a 551.4% growth.
In a notable development, giant US brokerage firm Robinhood has made a significant move, amassing an astonishing 233 billion Shiba Inu (SHIB) tokens in under 24 hours.
Shiba Inu (SHIB) has clinched the title of the most traded coin on India's leading cryptocurrency exchange, WazirX.
The fourth largest Shiba Inu custodian adds another 202B, sounding the alarm for crypto whales to regain consciousness.
Shiba Inu, an Ethereum-based meme coin, is currently in the spotlight as the altcoin has been witnessing massive accumulation in the past few days, which has raised speculations among community members about whether a sell-off is imminent.
In a move poised to shake up the Shiba Inu (SHIB) market, recent on-chain data reveals a potential path for the meme coin to reclaim the elusive $0.00001 mark. The key lies in addressing the concentration of SHIB liquidity at specific price levels, according to insights from IntoTheBlock.
More than 30 million SHIB tokens have been burned in the past 24 hours.
Justin Sun, founder of the Tron blockchain, its former chief executive and now a crypto billionaire who owns the Poloniex and Huobi cryptocurrency exchanges, has acquired a jaw-dropping amount of Shiba Inu meme coins, according to a recent report.
This move has triggered speculation and discussions worldwide about the intentions behind this diverse portfolio.
In a surprising turn of events, the burn rate of Shiba Inu (SHIB) tokens has witnessed an astronomical surge, reaching an astonishing 2,924.74% in the last 24 hours. Shibburn data reveals that an impressive 30,247,447 SHIB tokens were incinerated during this period, contributing to a total of 410.7 trillion tokens burned from the initial supply.
Justin Sun, a controversial crypto figure, unexpectedly pulled many altcoins from Binance. The crypto community is abuzz over TRON founder Justin Sun's strategic acquisition of SHIB, AAVE, and LINK. What makes this move noteworthy is that Sun's wallet, previously reserved for stablecoins and ETH, is now actively involved in altcoin transactions.
The SHIB team values the active involvement of the SHIB army in the Shiba Inu ecosystem. The community's strong support has been crucial in keeping the token going since it started.
On the widely-used trading platform Robinhood, Shiba Inu, frequently hailed as the “Dogecoin slayer,” has sparked a surge of enthusiasm within the cryptocurrency realm. In a remarkable turn of events, Robinhood amassed a staggering 231 billion tokens within a mere 24 hours, boldly proclaiming its presence in the crypto arena.
In an unexpected turn of events, an Ethereum (ETH) whale has reemerged from the depths of crypto hibernation to make a staggering investment in popular cryptocurrency Shiba Inu (SHIB). Etherscan data reveals that the wallet address "0xfb2" executed a series of purchases, acquiring a whopping 606.36 billion SHIB within the past 24 hours, amounting to a substantial $5.80 million.
Recent on-chain data orbiting TRON founder Justin Sun's wallet address sparked immense curiosity among crypto market traders and investors globally as the address shifted seven digital assets in colossal amounts. As per the data unveiled by Spotonchain, a platform offering on-chain metrics, a wallet linked to Justin Sun accumulated these assets from Binance, the world's
A prominent Shiba Inu ($SHIB) community member has recently pointed out that data from Arkham Intelligence shows that the commission-free trading platform Robinhood (NASDAQ: HOOD) currently has 36.684 trillion SHIB tokens in its wallet.
SHIB whales caused the token's price to fall sharply as network transaction volumes surged 651% in the past 24 hours. The past 24 hours recorded transactions worth $56.5 million from those who moved $100,000 or more.
SHIB Token serves SHIB Army the ultimate treat with free merch, on one condition.
Data from Arkham Intelligence reveals Robinhood's significant increase in Shiba Inu (SHIB) holdings. Shiba Inu enthusiast named “Lola” on social media platform X, highlights the recent surge, with Robinhood accumulating billions of SHIB within 24 hours.
The Shiba Inu (SHIB) name service is set to take off as lead developer Shytoshi Kusama revealed how users can get in early on the service. Kusama also highlighted how this initiative could be a game-changer for the SHIB community.
Sellers have come back to the game, according to CoinStats.
After a month of quiet paws, Shibarium, the Layer-2 solution for the popular meme coin Shiba Inu, has roared back to life with a staggering 200% increase in daily transactions over the past two days. This surge marks a dramatic turnaround from its recent lull, reigniting optimism among the SHIB army and sending the platform's gas token, BONE, leaping 6%.
