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The Shiba Inu burn rate has again fueled substantial market optimism across the crypto landscape, witnessing a whopping 7200% surge on Friday. As over 1 billion tokens were removed from the asset's circulating supply in the past 24 hours, a bullish market sentiment bubbled the meme-themed asset.
About a billion Shiba Inu (CRYPTO: SHIB) tokens were removed from circulation on Thursday, applying further deflationary pressure on the popular dog-themed cryptocurrency. What Happened: Kaal Dhairya, a key figure in the ecosystem, took to X to announce the massive burning event to celebrate upgrades made to ShibTorch, Shiba Inu's community-driven burn portal.
The Dogecoin and Shiba Inu prices are rising today, sparking a bullish sentiment among investors. This comes following the massive wave of sell-offs earlier in the week, which led to a significant decline for the foremost meme coins.
Billionaire Mark Cuban has slammed the newly launched TRUMP coin, labeling it a symbol of “crypto chaos” while offering praise for established meme coins like SHIB and DOGE.
Ripple (XRP) eyes $4 next while Shiba Inu (SHIB) gathers steam for its next big move; DTX Exchange (DTX) is on track for a 100x upswing after Tier-1 exchange listings.
Patterns on the crypto market can be elusive, but sometimes, history leaves behind hints. Shiba Inu (SHIB) might just be one of those cases.
The meme coin ecosystem is witnessing remarkable development as Dogecoin (DOGE), Shiba Inu (SHIB) and PEPE record a price recovery. This has triggered speculation on the broader market as participants wonder if the current resurgence signals the comeback of meme coins.
The Shiba Inu (SHIB) community has received an urgent security alert after reports surfaced about fake websites impersonating official SHIB platforms.
If more traders experience losses, it could extend Shiba Inu's downtrend.
The Shiba Inu burn rate again witnessed a remarkable 280% surge on Thursday, igniting bullishness among investors amid a broader market recovery. Latest burn statistics indicated that roughly 12 million coins were taken out of the asset's supply, causing the abovementioned surge.
Shiba Inu (SHIB) witnessed a 284.37% upsurge in the deflationary mechanism in the last 24 hours. This occurred following a critical price rebound move by the dog-themed meme coin.
Shiba Inu shows mixed market signals with a recent 2.7% price increase amid bearish technical indicators, while long-term growth plans focus on token burns, Shibarium adoption, and ecosystem development.
Shiba Inu (SHIB) is witnessing one of 2025s most significant price declines, resembling a falling knife pattern. The token has dropped to $0.00001817, with $0.000020 now acting as resistance.
Shiba Inu price moved above $0.000018, posting only its second gaining day on Fed rate pause, in 10 trading sessions dating back to Jan 18. Will SHIB rebound above $0.000020 or succumb to an early reversal.
Bitcoin is once again gaining traction, and a discernible increase in trading volume indicates that market volatility is returning. The price is resilient above important support levels, currently trading at about $102,700.
Meme coin Shiba Inu is facing renewed downward pressure, with its price reflecting a decline in both the 24-hour and seven-day timeframes. Furthermore, on-chain data reveals a similar trend of a significant drop in large transactions, raising concerns about waning whale activity.
IntelMarkets is drawing attention from SHIB and SOL investors, with predictions of a 1,800% jump in 2025. #partnercontent
The market has turned to red again, according to CoinStats.
Shiba Inu (SHIB) has registered significant activities in the last 24 hours as investors move strategically amid ongoing price volatility. According to CoinGlass data, over 18 trillion SHIB tokens have been committed in open interest.
Dogwifhat (CRYPTO: WIF) is bouncing back from a prolonged downtrend, prompting traders to speculate whether the popular meme coin has finally found its bottom. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogwifhat (CRYPTO: WIF) $1.35 $1.3 billion +18% -6.4% Dogecoin (CRYPTO: DOGE) $0.3288 $48.6 billion -1.6% -10% Shiba Inu (CRYPTO: SHIB) $0.00001844 $10.9 billion -2.9% -10% Trader Notes: Pseudonymous trader TheFlowHorse sees WIF as a strong play for a potential bounce, while prominent analyst Kevin highlighted to his followers that WIF hit “peak fear” under one dollar.
Shiba Inu price remains in a freefall, with bulls remaining in the sidelines for now. Its social sentiment score has fallen as demand has largely disappeared.
In a series of updates posted on January 28 via X , Shiba Inu's lead developer, Shytoshi Kusama, signaled that a major new collaboration is on the horizon for the Shiba Inu (SHIB) ecosystem. Kusama also took the opportunity to reiterate the importance of protecting the integrity of SHIB's official communication channels from any misuse.
The Ozak AI token presale has attracted numerous buyers who recognize the value of this new financial tool.
Shiba Inu (SHIB) has long been a favorite among crypto enthusiasts, with many holding onto hopes of a significant price surge.
