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Shiba Inu (SHIB) is gaining bullish momentum, extending its short-term rally with over four consecutive days of upward movement. After a prolonged period of consolidation and decline, market sentiment has shifted, with bulls now taking the lead.
With over 15% of its value lost in a matter of hours, Shiba Inu has experienced a dramatic and abrupt reversal that has left many traders and investors in shock. Concerns regarding market liquidity and the sustainability of SHIB's recent rally were raised when what appeared to be a bullish breakout swiftly became a harsh reality check.
The ratio of Shiba Inu (CRYPTO: SHIB) supply held by long-term holders has reportedly surpassed that of Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH). What happened: As of this writing, 76% of SHIB holders have held their tokens for over a year, according to IntoTheBlock, while 22% have held on for more than a month but less than a year.
With more than four days in a row of increasing momentum, Shiba Inu is gaining bullish traction as the meme coin continues its remarkable short-term rally. After a protracted period of consolidation and decline, bulls are starting to assert dominance, as indicated by the recent price action that clearly indicates a shift in market sentiment.
Shiba Inu dominates the meme coin segment this week, thanks to an anonymous whale burning 2 billion tokens.
The Shiba Inu price has shown increasing performance, as it has risen by 15% during the recent week. The present trading value of SHIB exceeds $0.000014, showing potential to increase further.
Shiba Inu is in recovery mode after plunging to a multi-month low of $0.00001090 earlier this month. Shiba Inu (SHIB) has rebounded to $0.000014, up 32% from its March low.
Buyers are getting back in the game at the end of the day, according to CoinStats.
The crypto market wavered on Thursday as concerns about recession rose after Donald Trump announced new auto tariffs. These tariffs came ahead of April 2, his Liberation Day when he will implement reciprocal tariffs.
Despite the massive burn, SHIB's circulating supply remains quite substantial at over 580 trillion tokens.
Fartcoin (CRYPTO: FARTCOIN) has seen significant gains over the past week, prompting traders to speculate about potential exchange listing sand positioning it as the next major meme coin. What Happened: In an X post on March 27, crypto trader MaxBecauseBTC highlighted that the Solana (CRYPTO: SOL) meme coin Fartcoin is dominating the sector, capturing attention from both crypto natives and traditional finance.
Investor interest in Shiba Inu has increased following a sharp 200% increase in large transaction volume, a crucial on-chain indicator that frequently indicates an increase in whale activity. When paired with strong technical momentum, the large money inflow might be the catalyst SHIB needed for a proper recovery.
Almost every year, April sneaks up on Shiba Inu (SHIB) with the same predictable twist. March ends with optimism, gains and a sense of forward momentum.
There's an unexpected trend in the world of cryptocurrencies. According to the latest data from IntoTheBlock, the meme-based crypto Shiba Inu has shown a solid resilience in investor loyalty.
Despite Shiba Inu (CRYPTO: SHIB) prices pulling back, burn rates and whale transactions are surging and fueling optimism for the meme coin's next move. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Shiba Inu (CRYPTO: SHIB) $0.00001436 $8.5 billion -6.8% +12.6% Dogecoin (CRYPTO: DOGE) $0.1960 $29.1 billion -4.3% +14.3% Pepe (CRYPTO: PEPE) $0.058542 $3.6 billion -6.4% +14.8% Trader Notes: Post Shiba Inu's 15% rally in yesterday trading session, crypto trader Javon Marks believes SHIB's momentum remains strong despite its recent breakout.
The lengthy absence of the mysterious Shiba Inu lead known under the pseudonym Shytoshi Kusama on the X platform has become a hot topic within the community recently.
Shiba Inu (SHIB), a popular meme coin, is gaining attention as it finally breaks out of a long-term downtrend! With a massive 57,000% jump in its burn rate and strong bullish signals, traders are expecting a big rally soon. Currently trading around $0.000014, Shiba Inu (SHIB) could double in price, says a prominent crypto analyst.
Shiba Inu has surged 16% this week fueled by a massive token burn rate increase of 8,400% and growing trading volume, with technical indicators pointing to further gains ahead.
Shiba Inu price has crashed to a critical support level this year. SHIB token dropped to a low of $0.00001443, down by about 55% from its highest point this year. It has plunged by over 65% from last year's high.
The official marketing expert of the SHIB team, known to the community as Lucie, has noticed a gargantuan amount of Shiba Inu meme coins that has been burned in a single transfer about six hours ago. Lucie shared her bullish take on that burn transaction with the SHIB army.
Shiba Inu price secured a hotspot on crypto traders' and investors' radars this Thursday by showcasing the potential for massive gains ahead. Primarily against the backdrop of a whopping 60,000% surge in the SHIB burn rate and bullish price pattern formations, the meme coin is signaling an imminent rally.
Cryptocurrencies are swimming in a sea of red following a wave of market corrections across top assets. A glance at the charts reveals that crypto price today exhibits dour sentiments with BTC, ETH, SOL, and XRP in bleed mode.
With the potential to move toward the $3 level, XRP is displaying strong technical indicators that a significant breakout may be imminent. The asset is currently trading at $2.10, and a number of important indicators are going in the bulls' favor.
Folks are paying a lot more attention to ShibaSwap lately. This trading platform, linked to the Shiba Inu cryptocurrency, has seen some pretty big changes in how much trading is happening.
