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Prominent blockchain tracker Whale Alert has spotted a mammoth-sized SHIB transaction that carried almost three trillion meme coins. In this transaction, a top crypto exchange in Turkey was involved.
Volatility has always been a feature of the cryptocurrency markets. The collective value of all coins and tokens in existence recently hit an all-time high of nearly $3.9 trillion, but the market is in correction territory again, with a 12% drop as of this writing.
Shiba Inu (SHIB), the 17th largest cryptocurrency by market capitalization, has made remarkable progress since its modest beginnings as a meme coin.
Shiba Inu's recent recovery attempt failed, and the price was unable to break above the crucial 100 EMA resistance level, resulting in a major setback. As a result of this significant drop in bullish momentum, traders and investors are beginning to doubt whether a long-term upward trend is possible.
Shiba Inu's (SHIB) ecosystem developers have finally opened early access to the much-awaited SHIB: The Metaverse. It comes after the team re-scheduled the launch from December 2023 to 2024/2025 due to unforeseen circumstances. Understanding SHIB: The Metaverse The new platform aims to transform the Shiba Inu ecosystem with community-centered developments and immersive experiences.
A massive 6.26 million SHIB was delivered to a dead address. The introduction of “SHIB: The Metaverse” this past Christmas was seen by the community.
Optimism toward a meme coin has increased as a result of Shiba Inu's recent recovery above the 100 EMA at $0.0000230. But this rebound is still not enough to verify a legitimate trend reversal.
Shiba Inu (SHIB) price has seen a 10% decline over the past seven days, yet it remains the second-largest meme coin in the market, only trailing Dogecoin. Despite the recent pullback, SHIB's RSI has been climbing steadily, indicating improving buying momentum and a potential shift in market sentiment.
The significant surge in Shiba Inu burn rate has once again garnered notable investor attention toward the renowned dog-themed meme crypto, SHIB. Recent burn data indicated that millions of coins were taken out of the token's circulating supply, sparking noteworthy optimism surrounding the crypto amid recent ecosystem developments.
Shytoshi Kusamas latest update about More TREATS has sent waves of excitement through the Shiba Inu community. With the SHIB price rebounding and Shibarium reaching major milestones, optimism around the tokens future is on the rise.
Meme cryptocurrency Shiba Inu (SHIB) is witnessing a short-term price correction, but technical indicators suggest that the coin might target new highs.
According to the recent data shared by the Shibburn tracking service, over the past day, the SHIB community has managed to push a substantial amount of meme coins out of the circulating supply.
If you're into Shiba Inu and all things virtual, here's exciting news for you. As a Christmas gift, the team has finally launched Shiba Inu Metaverse. It's not just an ordinary release. This platform is meant to change the way we interact online.
In a festive twist, dog-themed cryptocurrency Shiba Inu (SHIB) has seen a 7% increase in price within the last 24 hours. The cryptocurrency market experienced a boost heading into the Christmas holiday.
Shiba Inu price appears to be gearing up for a major rally ahead, primarily in the wake of recent ecosystem advancements. On Wednesday, the token's lead developer, Shytoshi Kusama, spotlighted ‘SHIB: The Metaverse' launch while also saying ‘more TREATS soon,' sparking optimism across the SHIB community.
Recent network activity on Shiba Inu has significantly decreased, with activity levels falling by 30%. The state of SHIB's ecosystem and its possible effects on the token's price trajectory have caused some investor outflow.
The Shiba Inu ecosystem has witnessed an increase in SHIB burning endeavors in the 24 hours leading up to Christmas day. According to data from Shibburn.com, Shiba Inu's burn tracker, the meme coin has witnessed a 41.87% increase in the number of Shib tokens burned when compared to the previous 24-hour timeframe.
Pseudonymous Shiba Inu team's marketing lead Lucie has published a tweet dedicated to the SHIB Metaverse – a project that has been in the works for the past two years but no updates about it have been released for a long while already.
Shibarium, the layer-2 blockchain solution for Shiba Inu (SHIB), has hit a significant milestone. As the world marks Christmas Day, Shibarium soared past 700 million transactions.
SHIB has finally rebounded, charting a 4% rise on a 24-hour scale.
SHIB's price tumbled by nearly 50% in weeks but is that all about to change?
Shiba Inu News: The meme coin sector has gained notable traction lately, with SHIB emerging as a leading player in the space. The crypto has caught the eyes of investors lately, especially after the crypto market witnessed volatile trading after the latest US FOMC.
Here's what you need to know if you want to become a SHIB millionaire.
Shiba Inu (SHIB) investors are eyeing ambitious price targets in the hope of significant returns. Despite the dog-themed cryptocurrency's struggles in recent times, with a 10.21% dip in value over the last month, there's a renewed sense of optimism.
