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Shiba Inu price continues to struggle and has been left behind by other popular meme coins. This underperformance is likely because of the ongoing decline in Shibarium's total value locked (TVL) and its fees.
Shiba Inu continues to show a mixed picture, to say the least. Even though its price action is still largely unchanged, on-chain data indicates significant accumulation activity at a crucial level, indicating possible future movements.
Cryptocurrency analysts of Coinidol.com report, Shiba Inu (SHIB) price action remained steady after the December 20, 2024 price decline.
In a tweet published earlier today, the Shibburn platform revealed that over the past day, the SHIB community managed to dispose of a substantial amount of meme coins, sending them permanently out of circulation.
Large holder netflows have flipped negative after a drop from 382B SHIB to -178B SHIB.
Shiba Inu (SHIB) price has declined 21% over the past 30 days, with its trading volume down 16% in the last 24 hours, now at $386 million. Technical indicators show mixed signals, with the RSI recovering from oversold levels but remaining neutral, indicating a lack of strong momentum.
Despite Shibarium's progress, SHIB's price remains in the red today (January 15).
The Dogecoin and Shiba Inu prices are surging today, recording significant gains in the process. This price surge for the foremost meme coins came following a recent development on the macro side, which provided some relief for the crypto market.
Recent technical analysis suggests that the Shiba Inu price may be preparing for a bullish rally, as the second-largest meme coin shows signs of a recovery from a correction phase. With key support levels established, a crypto analyst has projected a new bullish price target for Shiba Inu (SHIB).
Shiba Inu price drops 33% from December highs but signals of a potential rebound emerge Shiba Inu (SHIB), the second-biggest meme coin, rose to a high of $0.00002215, up 12% from its lowest swing this week.
Shiba Inu (SHIB), the dog-themed meme coin, has witnessed a massive transaction surge in the last 24 hours. Over 2.8 trillion SHIB tokens have been transacted on the leading cryptocurrency exchange, Binance.
Shiba Inu's price has been repeatedly rejected at significant resistance levels, which has caused it to struggle with upward momentum. The asset is stuck in a difficult range that indicates persistently negative market sentiment despite efforts to regain its bullish footing.
The launch of TREAT, a new token in the shiba inu ecosystem has sparked excitement, but with a spicy touch of controversy. While some community members celebrate the new launch, others worry about the project's focus shift from BONE.
According to the data revealed by Shibburn, over the past day, the burn rate of the prominent meme coin Shiba Inu has demonstrated a massive crash. However, the coin's price reacted unexpectedly.
Shiba Inu's (SHIB) burn rate spikes as the TREAT token launches, signaling a strategic ecosystem expansion and heightened market attention.
De huidige stagnatie van de Shiba Inu koers heeft tot zorgen geleid binnen de SHIB community. Het kritieke ondersteuningsniveau bij de $0,00002093 lijkt stand te houden, maar voor hoe lang?
Shiba Inu (SHIB), coin that captured the hearts of millions, has recently shown signs of recovery after a tense period where its price hovered dangerously close to a critical support level. In the face of market volatility, SHIB managed to regain momentum and break above the 200 Exponential Moving Average (EMA), a key technical level that traders often use to gauge market trends.
Cryptocurrencies crawled back on Tuesday as Bitcoin climbed from $88,000 to almost $97,000 ahead of the US inflation report. Pepe coin price also rose, as one crypto analyst predicted more gains that could see it flip Shiba Inu to become the second-biggest meme coin.
With its price falling below the crucial 200 EMA, Shiba Inu has had a wild ride lately. Traders were alerted by this move because it implied a possible move into bearish territory.
Traders must be cautious - The CMF showed that capital flows were slightly negative.
Shiba Inu (SHIB) has been consolidating above the critical support level of $0.00002093, struggling to break out and post rallies.
Meme coins have faced intense volatility in the last two weeks. Data from CoinMarketCap shows that the total meme coin market capitalization has fallen below $100 billion, with most of these coins registering double-digit percentage losses in just one week.
Shiba Inu debuts its reward token TREAT on three major exchanges amid a dramatic 2,229% surge in SHIB burn rate, signaling potential market implications.
Peanut The Squirrel (CRYPTO: PNUT) has rebounded with a 22% single-day surge but remains down 47% on the month, with traders questioning its near-term potential. Cryptocurrency Price Market Cap 24-Hour Trend 24-Hour Trading Volume Peanut The Squirrel (CRYPTO: PNUT) $0.6217 $621.6 million +24.8% $572.8 million Shiba Inu (CRYPTO: SHIB) $0.3519 $51.8 billion +8.1% $371.9 million Dogecoin (CRYPTO: DOGE) $0.00002138 $12.6 billion +4.9% $3.2 billion Pepe (CRYPTO: PEPE) $0.00001724 $7.3 billion +5.3% $874.01 million Trader Notes: Crypto Bull expressed confidence in PNUT, predicting it's time for the meme coin to reach $1 following its Coinbase listing.
