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Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) continue to trade sideways, but traders maintain that more upside is still to come for the underperforming meme coins. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin (CRYPTO: DOGE) $0.2538 $37.6 billion +2.9% -22.2% Shiba Inu (CRYPTO: SHIB) $0.0000154 $9.07 billion +2.6% -18% Pepe (CRYPTO: PEPE) $0.059434 $3.9 billion +1.2% -31.8% Trader Notes: Trader Tardigrade highlighted that Dogecoin's past rebounds followed over 50% corrections, with the latest dip at -58.25% mirroring previous breakout patterns.

As Shiba Inu (SHIB) and Solana (SOL) struggle with declining values, investors are turning their attention to a new crypto project rapidly gaining traction

Fartcoin (CRYPTO: FARTCOIN) is bouncing back from a severe downturn but remains over 50% down over the past seven days. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Fartcoin (CRYPTO: FARTCOIN) $0.4765 $476.3 million -0.08% -54.1% Ai16z (CRYPTO: AI16Z) $0.342 $372.2 million +18.7% -49.8% Brett (Based) (CRYPTO: BRETT) $0.04569 $452.8 million +3.2% -48.3% Trader Notes: Cold Blooded Shiller pointed out that Fartcoin has reached a critical level in its target zone, meaning it could either see a major bounce or face full-blown capitulation.

Shiba Inu (SHIB) price, a meme-based cryptocurrency, has captured the crypto community's attention due to its rapid rise in popularity. As one of the most talked-about tokens, SHIB has experienced significant price fluctuations over the years, driven by social media buzz, market sentiment, and strategic developments.

The recent turbulence in the market have significantly affected meme coins, causing their total market cap to fall below $70 billion. While some altcoins and meme coins have shown a lot of price fluctuations, Shiba Inu & Dogecoin, in particular, are having a hard time stabilizing their prices.

Less than 48 hours ago, an unknown wallet received 1.24 trillion Shiba Inu (SHIB) tokens—worth approximately $20.2 million—from the crypto exchange Kraken, according to Whale Alert data. 🚨 1,239,940,928,235 #SHIB (20,136,020 USD) transferred from #Kraken to unknown wallethttps://t.

Shiba Inu (SHIB) continues to be at the center of attention in the crypto world. Two recent developments are capturing the interest of the community: the mysterious holder of 60% of the SHIB supply and the potential price of the crypto if its market capitalization were to reach that of XRP. Both topics raise crucial questions for investors.

Amid the growing push for consolidation in the broader crypto ecosystem, an unusual Shiba Inu whale transaction was flagged on-chain. Per data from Whale Alert, 3,368,549,976,020 SHIB were shifted on-chain in just one minute.

A Shiba Inu whale echoed a market frenzy on Friday by moving a staggering 3 trillion tokens amid a broader sector dip. Recent whale data indicated that the transfer was made between two unknown wallets, igniting a tidal wave of speculations among traders and investors globally.

SHIB's valuation has tanked by over 20% in the last week.

According to a recent tweet published by the Shibarium Updates account on the X social media platform, the layer-2 solution Shibarium has witnessed a major growth in three key parameters since last morning.

Open interest in Shiba Inu is sharply declining, indicating a significant change in the dynamics of the market. At approximately $155.83 million, open interest in SHIB futures has fallen 50% from its recent peak.

The amount of Shiba Inu (SHIB) in circulation has fallen again following a recent token burn event. Notably, more than 15 million SHIB tokens were wiped out.

According to Santiment's latest on-chain report, the concentration of top wallet holdings for major cryptocurrencies like Shiba Inu (SHIB), Ethereum, Chainlink and Toncoin shows potential market risks and opportunities driven by a small group of key players.

A recent transaction involving crypto exchange Kraken and the Shiba Inu token has captured the attention of the crypto community. Whale Alert, a leading whale-tracking platform, reported that Kraken moved an enormous quantity of Shiba Inu to an unmarked address, which has raised both curiosity and concern.

This collaboration highlights the growing potential of blockchain technology in public sector services. It also positions Shiba Inu as a major player in the crypto world.

Santiment warns that Shiba Inu's high whale dominance could trigger price drops if major holders decide to sell suddenly.

The altcoin industry has been solving the decentralization aspect of the blockchain trilemma for the past years. With the scalability and security aspects having been solved through layer one and layer two chains, the distribution of altcoins to achieve higher decentralization has been a work in progress in most projects.

The market for cryptocurrencies has a history of turning little investments into fortunes that change people's lives. Often taken early in a token's existence, strategic decisions can pay amazing returns.

Shiba Inu is currently one of the top meme coins, with a market cap of $9.2 billion, trailing the other “top dog-themed coin,” Dogecoin. When meme coins pump, SHIB is one of the popular tokens that surge and dominate market activity.

Though the Shiba Inu (SHIB) price may be in a sharp downtrend right now, that isn't stopping whales from scooping up the token in abundance. The post Shiba Inu Whale Moves 1.23 Trillion SHIB – Massive Rally Starting? appeared first on Cryptonews.

For what it seems, considering that these two tokens account for over half the market cap of all meme coins, the odds of a short-term reversal are high.

Cryptocurrencies remain volatile on Thursday, with tokens displaying mixed performances. Bears have dominated since the US declared the partially-delayed tariffs on China, Canada, and Mexico. Meme coins traded downward, with the meme market capitalization plunging by over 7% to $74.1 billion. Moreover, the declined 24-hour trading volume indicates fading investor interest in meme assets.

What initially appeared as a major SHIB whale transfer was later identified as an internal liquidity movement by Kraken.