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Today, the popular meme-inspired cryptocurrency Shiba Inu (SHIB) saw real excitement, namely with its position onn the cryptocurrency market - in its top echelons - as it climbed into the top 10 largest cryptocurrencies by market capitalization according to CoinMarketCap, where it had long given way to Tron (TRX) and Toncoin (TON).
Shiba Inu's (SHIB) crypto price has increased by 40% in the last seven days following the broader market rally. But today, SHIB faced a roadblock as it attempted to rise above $0.000030.
Shibarium Trustwatch sounded the alarm again: check out the latest alert.
A lot of limelight has been seen recently on Shiba Inu (SHIB) making it one of the hottest topics to consider in the cryptocurrency arena. The price of SHIB rose by more than 70% over the past week, to the delight of investors and dealers.
With an incredible 17 trillion SHIB in big transactions over the past day, Shiba Inu (SHIB) is drawing market attention as its on-chain activity soars. This spike shows that SHIB investors are once again interested in the ecosystem, indicating both buying and redistribution activity.
After eight months of silence, an early Shiba Inu (SHIB) investor, identified by the wallet address "0xd6b," has reappeared, as reported by Spot On Chain. Known for their jaw-dropping gains with the meme-inspired cryptocurrency, this whale has now offloaded a major cut of the holdings, depositing 100 billion tokens, valued at around $2.81 million, onto Gemini - a top U.S. crypto exchange.
A Shiba Inu whale sold $2.85 million worth of tokens while maintaining a large position as SHIB's price increased 65% weekly with accelerated token burns and increased trading activity.
Shiba Inu (SHIB) is on the rise! In the last 24 hours, its price jumped by 16%, now sitting at $0.00002913.
Shiba Inu (SHIB) is on fire! After a massive 67% surge in just seven days, SHIB shows no signs of slowing down. This rally has captured the attention of a SHIB whale, who recently sold 100 billion SHIB tokens for a profit of $2.85 million.
PEPE price extended its uptrend on Tuesday, gaining 8.9 percent to trade at $0.0000141 at the time of writing. With that, the meme coin's gains in the last week stand at 80 percent and year-to-date gains at 1,000 percent.
DOGE and SHIB account for over 60% of the entire market capitalization of the niche.
Amid a positive momentum noted in the meme coin market today, a Shiba Inu whale garnered significant attention with his trading strategies. Recent on-chain data indicated that a smart whale sold a whopping 100 billion SHIB amid the coin's bull run to make a remarkable profit.
The altcoin season is picking up pace, with the Bitcoin price claiming a new ATH above $89,000. The Meme Coins market cap has crossed the $100 billion mark at $110.26 billion. With more than 50% of its market cap concentrated in Dogecoin's $58.60 billion market cap, smaller-cap Meme Coins showcases a massive upside potential.
Shiba Inus burn rate skyrocketed by 1,028.67% on November 11, wiping out 463 million SHIB tokens in a single day. This reduction in supply has sparked optimism among investors as SHIBs price rises 9% intraday, with bullish projections of a 300% rally ahead.
Shiba Inu leader Shytoshi Kusama announced bold plans for SHIBs future, inspired by the vision of founder Ryoshi. Through a series of impactful tweets, Kusama tackled community doubts and encouraged supporters to help propel SHIB beyond its initial aspirations.
Shiba Inu ignited a wave of investor FOMO after 21 trillion SHIB changed hands in just one day, pushing the meme coins price up and breaking records. Whale moves add intrigue as SHIBs unstoppable momentum captures the markets attention.
Even with the recent strong rally, Shiba Inu still has a long way to go before hitting its all-time high (ATH). To reach its ATH level, which it last reached at the height of the last bull market, SHIB would need to see a further 250% price increase.
Can Shiba Inu sustain its place in crypto's global TOP 10 as the magnificent bull rally recoups meme coin dominance?
Top coins were setting new records in the continuation of a strong rally.
Shytoshi Kusama, the lead developer behind the Shiba Inu cryptocurrency, has pitched a bold proposal to Elon Musk, suggesting the establishment of a Strategic Hub for Innovation in Blockchain (S.H.I.B.) as part of the incoming Trump administration's tech agenda.
Floki (CRYPTO: FLOKI), dubbed as an “underrated” meme coin by traders, could catch up to Dogecoin's (CRYPTO: DOGE) gains soon, according to sentiment on social media. What Happened: Crypto trader Unipcs shared his fondness for betting on "underrated, non-consensus plays," naming Floki as his top pick.
The recovery of Shiba Inu (SHIB) has met resistance at $0.00002800, resulting in a decline.
Dogwifhat (CRYPTO: WIF) has rallied 12% on Monday, sparking predictions of a potential bull run from traders. What Happened: Trader CrediBULL Crypto stated that Dogwifhat hit his upside target, leading him to take profits on his long positions in altcoins.
The price of top meme coin Shiba Inu (SHIB) has significantly increased in the past week. Fueled by the broader meme market rally, SHIB's price has climbed by over 50% in the past seven days and now trades at a six-month high of $0.000025.
