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After notable price surges in several cryptocurrencies, a crypto whale has made a significant bet on Shiba Inu (SHIB), which is poised for upside momentum. On January 1, 2024, the blockchain-based transaction tracker Lookonchain posted on X (formerly Twitter) that a crypto whale had withdrawn 220 billion SHIB meme coins, worth $4.63 million, from Binance.
Shiba Inu (SHIB) has become one of the most widely discussed cryptocurrencies in recent years, drawing both hype and skepticism from investors. Despite facing a 14.5% dip from its December high, trading at $0.00002178, SHIB has gained a loyal following that believes in its potential for significant growth.
The year 2025 has started with a notable rally for Shiba Inu price, marking a 10% increase over the past 24-hours. After a period of stagnation, the SHIB has broken out from market consolidation, leading the charge among the top 10 meme cryptocurrencies.
A few days ago, the price chart of the Shiba Inu (SHIB) token showed a "death cross," which is when a lower-order moving average dips below a higher-order one. This is usually a sign that downward trends are getting stronger.
SHIB's circulating supply currently equals around 584.1 trillion tokens.
The Shiba Inu community has made another successful effort at burning SHIB meme coins, pushing the burn rate up significantly.
The withdrawal of a substantial amount of 220 billion SHIB tokens from Binance's wallets in a single transaction has garnered attention. Instead of signaling immediate market activity, such movements are frequently read as a shift toward self-custody, suggesting a possible long-term hold strategy.
The Meme Coin market has recorded a surge of over 7.5% in the last 24 hours. Almost all the top ten meme coins have experienced growth; Dogecoin has grown by 6.7%, Shiba Inu by 6.6%, Pepe by 3.3%, ai16z by 22.8%, Bonk by 7.6%, Pudgy Penguins by 10%, dogwifhat by 9.3%, and FLOKI by 4.8%.
Shiba Inu (SHIB) has captured the spotlight with a strong rebound from the critical $0.00002045 support level. This bounce not only reaffirms the significance of this zone but also sparks fresh hopes for a potential bullish breakout.
Shibarium, the Shiba Inu Ethereum-based Layer-2 scaling solution, is showing signs of growing adoption. After the daily transaction count dropped as low as 4.51 million on Dec. 24 and 4.63 million on Dec. 29, the transaction metrics are now back to peak levels of 4.78 million.
SHIB correction appears over. Will buyers return?
Shiba Inu (SHIB) is back in the news courtesy of projections of a 260% price increase, which is making people very excited. There are “textbook bull signals” on the charts, which means SHIB could reach $0.000081 in the next few months, according to an analyst.
Mysterious personality Shytoshi Kusama clarified in a podcast that aired Tuesday that not he but Ryoshi is the founder of the Shiba Inu (CRYPTO: SHIB) ecosystem. What happened: In the first episode of a 44-part podcast series, Kusama said he joined Shiba Inu like any other member of the community.
Shiba Inu price is gaining attention as analysts suggest the token could see a 260% rally in the coming months. Following a bearish phase that saw Shiba Inu fall by more than 37% from its December highs, market analysts now believe the meme-inspired cryptocurrency may be poised for a strong recovery.
Most of the coins remain in the red zone at the beginning of 2025, according to CoinStats.
Shiba Inu (SHIB), the meme-inspired cryptocurrency, ended 2024 on a high note, staying above the key $0.00002 price point. This level, which is both psychological and technical, might mean more than just a year-end win.
Shibarium, the Ethereum-based Layer-2 scaling solution for Shiba Inu, has pushed its daily average transaction up a notch. According to data from Shibariumscan, the protocol now averages 4.77 million transactions.
Popular Shibburn tracking service that monitors daily and weekly SHIB burn transactions and then shares the details on its website and on the X social media platform has revealed that over the past year, a staggering amount of SHIB meme coins have been transferred to “inferno” wallets. More than two tens of billions of them was destroyed in virtual flames.
Shiba Inu (SHIB) has been consolidating over the past two weeks, struggling to break out and recover from recent losses.
Can Shiba Inu (SHIB) reach $1 this January? Find out what could drive its price up!
The renowned dog-themed meme crypto Shiba Inu has continued birthing market speculations, primarily in the wake of its sluggish performance despite ecosystem developments. On Wednesday, January 1, SHIB price soared roughly 1% intraday, struggling to reach the $0.0001 level.
Bitcoin's price performance as 2024 comes to an end worries investors. At the 50 EMA, a level essential to sustaining bullish momentum, Bitcoin has lost its main support.
In an ongoing series of X updates, Shytoshi Kusama—widely known as the lead developer behind the Shiba Inu (SHIB) project—has shared significant insights into the upcoming launch of TREAT, the fourth and last official token in the Shiba Inu ecosystem.
SHIB drops 21.27% in December, paving the way for 1FUEL with a hot presale and 500% expected returns pre-launch. #partnercontent
