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In a remarkable development, Shiba Inus burn rate exploded by 3,348%, erasing 7.8 million SHIB tokens within 24 hours. While the coins price dipped slightly, shrinking sell-offs and encouraging trends hint at a possible resurgence for the popular meme cryptocurrency.
The 50-day EMA crossing below the 200-day EMA is signaling a possible death cross, according to Bitcoin's technical indicators. The current chart indicates that the difference between the two moving averages has been closing, and this crucial cross may occur in the coming days.
Shiba Inu (SHIB) has had a tough market in the last six months, losing more than half of its value. At $0.0000138 now, the token is down 70% from its March high of $0.000045.
After going on an incredible run back in 2023, top Shiba Inu competitor FLOKI has swam into the mainstream of crypto investments. Its break toward the $1 billion market cap level solidified its position as one of the leading meme coins in the space.
The majority of the cryptocurrencies have returned to the green zone, according to CoinStats.
Shiba Inu lead Shytoshi Kusama has once again set the crypto community abuzz with a cryptic update to his X profile. This time, Kusama changed his location to "Whale.
Shiba Inu is stuck in a deep bear market after falling by over 71% from its highest level this year, making it one of the top laggards in the crypto industry. Shiba Inu (SHIB) was trading at $0.
Shiba Inu's (CRYPTO: SHIB) relatively flat performance over the past week and month is accompanied by consistently rising burn rates. What Happened: The burn rate has skyrocketed by 14,506.9% thanks to a burn transaction of 25 million coins around 17 hours ago, according to Shibburn data.
Shiba Inu (SHIB) price has been moving sideways, fluctuating between $0.00001462 and $0.00001271 over the past few weeks. The altcoin has been stuck in this range since early August, looking for bullish cues to break free and rally upward.
The targeted recovery of the Shiba Inu (SHIB) meme coin project is all-encompassing, with the burn rate skyrocketing as high as 3,348% in 24 hours. Per data from Shibburn, a total of 7,843,196 SHIB has now been sent to inactive addresses.
The popular meme-inspired cryptocurrency Shiba Inu (SHIB) has been popping behind the scenes lately, with the volume of large transactions nearly tripling over the past 24 hours, according to data from IntoTheBlock.
The pseudonymous social media marketing lead of the Shiba Inu team Lucie has taken to her X account to continue the recently published post about the “ugly truth” about the backstage of the listing process on some cryptocurrency exchanges.
The renowned dog-themed meme cryptocurrency Shiba Inu once again garnered optimism with a substantial surge in SHIB burn on Tuesday. Burn data streamlined by the community's tracker revealed a whopping 3300% uptick as millions of coins were taken out of the total supply in the past 24 hours.
Shiba Inu delivered one of the greatest returns in the history of financial markets during 2021.
Shiba Inu shows potential for higher prices despite recent declines and consolidation.
Hackers stole $20.5 million, including 9 billion SHIB tokens, from Indodax, highlighting security risks in the cryptocurrency market.
Shiba Inu price has been consolidating for most of the last months following the August 5 crash. There was a price outburst around August 20, but it was quickly quelled, and the asset dropped back into its range.
Shiba Inu (SHIB) recorded a 104% surge in derivatives trading volume over the last 24 hours, reaching $145.89 million. Meanwhile, SHIBs spot market volume rose by 57%, indicating a resurgence in market demand for the meme-based cryptocurrency.
Scammers keep targeting the SHIB community: here's the latest danger.
Lucie, the marketing lead for the Shiba Inu ecosystem, has addressed concerns about the token's large supply, which a user had described as a “major disadvantage” for the SHIB community. She revealed plans to reduce it soon, generating optimism within the community that could potentially fuel a price leap for Shiba Inu's native token, SHIB.
Which one is likely to hit the $1 mark first? Let's dive deep into Dogecoin vs.
Now, the question is will the SHIB price reach $1 after Bitcoin halving? Let's take a look at this SHIB Price prediction article.
Shiba Shootout (SHIBASHOOT) is the talk of the Shiba Inu-themed meme coin trading community right now, as experts predict big gains ahead.
According to CoinGlass, the volume of derivatives trading on the popular meme-inspired Shiba Inu (SHIB) cryptocurrency has more than doubled in the past 24 hours.
