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SHIB: The Metaverse is definitely taking off, and Shytoshi Kusama, the lead spokesperson behind Shiba Inu (SHIB), is gearing up to highlight the next chapter of the SHIB ecosystem. The new TREAT token has been in the works for a while, and now it is about to take center stage, according to Kusama's new post.
As the cryptocurrency market gears up for 2025, key trends surrounding Dogecoin's (DOGE) prediction, Shiba Inu's (SHIB) price target, and BlockDAG (BDAG) achieving its mining milestones are capturing attention. Analysts are weighing in on Shiba Inu's potential for a rise, fueled by developments like Shibarium and ShibaSwap.
Shiba Inu faced a dramatic 99.5% collapse in whale activity as token inflows surged by trillions before abruptly crashing. Despite the on-chain chaos, SHIBs price remains stable, hinting at resilience amid turbulent market conditions.
Shiba Inu has struggled to regain bullish momentum, with its price chart reflecting limited recovery efforts. The meme coin remains unable to recover recent losses, keeping it well below its previous highs.
The Dogecoin and Shiba Inu prices have crashed in the last 24 hours as the broader crypto market correction continues. This price crash is due to several developments, including the holiday season, with several traders choosing to stay out of the market during this period.
Check out which have been the most-traded cryptocurrencies in India this year.
The popular meme-inspired cryptocurrency, Shiba Inu (SHIB), continues to experience significant disruptions both on the price chart and behind the scenes in the on-chain realm. For example, the latest episode of SHIB's misadventures was an unprecedented 99.5% drop in bullish whale activity on the Shiba Inu token.
Shiba Inu is plotting a potential comeback amid contrasting onchain indicators.
A developing double-bottom formation that can be seen on the daily chart suggests that Shiba Inu may be indicating a possible reversal. The long-awaited catalyst for SHIB investors may be this traditional bullish pattern, which is frequently linked to a shift in the market.
A substantial movement of Shiba Inu (SHIB) tokens sent ripples through the cryptocurrency community. A transaction involving an enormous 2.88 trillion SHIB tokens, valued at approximately $65.7 million, was flagged by Whale Alert, a well-known crypto tracking platform.
The Shiba Inu (SHIB) price is stabilizing in the low-$0.000020s in wake of last week's impressive bounce from its 200DMA around $0.000018s, a sign that will fill the SHIB bulls with optimism. The post Shiba Inu Price Stays Firm Following Bullish 200DMA Bounce – What's Next for SHIB? appeared first on Cryptonews.
A notable headwind rocked the cryptocurrency market on Thursday, driving down not only the sector's leading asset but a great many coins and tokens that tend to slipstream behind it.
‘Dogecoin Killer' Shiba Inu's (CRYPTO: SHIB) relatively flat performance over the past week has not stopped its burn rates from increasing. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Shiba Inu (CRYPTO: SHIB) $0.00002167 $12.8 billion -5.2% -2.2% Dogecoin (CRYPTO: DOGE) $0.314 $46.3 billion -5% -1.5% Pepe (CRYPTO: PEPE) $0.00001743 $7.3 billion -5.5% -1.2% Technical Analysis: Benzinga technical analysis shows Shiba Inu's RSI is oversold at 28.6.
Shiba Inu (SHIB) price has declined 10% over the past seven days, following its December 7 peak when it reached its highest levels since January 2024. The recent pullback highlights weakening momentum, with key indicators such as RSI and DMI reflecting a bearish shift in market sentiment.
The project is "more than a digital space - it's a platform for creativity, connection, and ownership," LUCIE stated.
Although the price of the popular meme-inspired cryptocurrency, Shiba Inu (SHIB), has lost over 35% in the past two weeks, its misadventures may not end there. The fact is that on the price chart of the Shiba Inu token, a "death cross" is rapidly forming, as the event is called, when a lower-order moving average crosses a higher-order moving average from top to bottom.
As Bitcoin (BTC) continues to dominate headlines with its impressive rally—up 46% since November's election and 133% year-to-date—investors are increasingly turning their attention to altcoins with high growth potential at a lower price point.
Sellers might have seized the initiative, according to CoinStats.
Meme coin prices crashed on Thursday, erasing most of the gains made during the Santa Claus rally on Christmas Eve. Fartcoin (FARTCOIN), one of the top meme coins in the Solana ecosystem, dropped by 16.
TL;DR Shiba Inu has launched SHIB: The Metaverse, an immersive digital world built on Shibarium, aiming to drive higher adoption rates for SHIB and create new interaction opportunities. The platform features a land map supported by Chainlink's CCIP, allowing users to own land as NFTs, explore the virtual world, and generate passive income.
The Shiba Inu price has recorded a significant decline today as the broader crypto market retreated amid investors' holiday mood. However, despite the recent dip, traders remained optimistic about the long-term trajectory of SHIB, indicating strong confidence in the crypto.
While whales are becoming active, more participation is needed to drive the price action.
"Nothing in life is free. Even the things that seem free often come with hidden costs or risks," Shiba Inu's team alerted.
A staggering 2.88 trillion SHIB worth $65.7 million was transferred from Turkeys BTCTurk to an anonymous wallet, sparking intrigue among crypto enthusiasts. The transfer coincides with the SHIB Metaverse debut on the Shibarium blockchain, marking a pivotal moment for Shiba Inu.
