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Shiba Inu (SHIB), the popular and second-largest crypto meme coin by market cap, is poised to break its ongoing consolidation, which it has been facing for the last five trading days.
According to widely-followed crypto influencer ‘artchick,' Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) will not be the main meme coin beneficiaries of a rally. The influencer's forecast hinges on Bitcoin (CRYPTO: BTC) maintaining its momentum and Ethereum (CRYPTO: ETH) and Solana (CRYPTO: SOL) outperforming.
The Shiba Inu burn rate has displayed a massive decline, according to the data recently shared by the Shibburn blockchain tracker. In the meantime, the SHIB price has shown a movement in a totally different direction.
Shiba Inu confronts a critical juncture as the 67 trillion SHIB level nears a breakdown. With key support levels weakening and bearish market sentiment intensifying, SHIBs path forward hinges on regaining investor interest and stability.
Dog-themed cryptocurrency Shiba Inu (SHIB) has recently experienced a surge in large holder net flows, skyrocketing by an astonishing 1,445%.
Although Shiba Inu price has crashed by over 30% from its December high, its ecosystem is doing well, pointing to an eventual rebound. SHIB price comeback will be supported by its futures open interest and the NPL indicator, which points to capitulation.
Shiba Inu surges 13%, hitting an 8-month high amid renewed meme coin interest. Explore what's next for SHIB traders.
Leading meme coin Shiba Inu (SHIB) has seen a 4% price increase in the past 24 hours, reflecting the uptick in the broader crypto market. However, this price rally may be shortlived as bearish sentiment continues to overshadow the meme coin.
On-chain data points to major ramifications for the asset's future, placing Shiba Inu at a pivotal point. As the market continues to exhibit bearish tendencies, the enormous 67 trillion SHIB support level — which is strongly correlated with high transaction volumes and market stability — is in jeopardy.
Shiba Inu (SHIB), one of the most talked-about meme coins in the cryptocurrency space, has seen a notable surge in whale activity in the past 24 hours. Particularly, data from on-chain analytics platform IntoTheBlock reveals a 265% increase in whale transactions within the past 24 hours.
After Donald Trump's crypto pump, Bitcoin crossed $108,000 for the first time. This also means the money could possibly flow to altcoins, ultimately triggering the altseason, which is considered the most profitable period of a bull market.
The 50 EMA, a crucial technical level that serves as a solid support for bullish momentum, has been breached by Ethereum. The asset is at a turning point, and the sustainability of its bullish trend is called into question, as is its capacity to sustain its recent recovery.
Shiba Inu (SHIB) price has entered a critical phase as multiple technical indicators suggest conflicting signals for its short-term trajectory. The popular meme coin has faced significant selling pressure over the past week, dropping 20% and seeing its market cap decline from $15 billion to $12.5 billion.
Shiba Inu (SHIB) has become a popular strategy for those seeking early retirement, but how much of this digital asset do you need to accumulate to reach the $2 million retirement threshold? While the answer depends on factors such as the price of SHIB and the size of your initial investment, we'll break down potential scenarios to give you an idea of what it takes to retire early with this cryptocurrency.
The Doge-inspired meme coin Shiba Inu ($SHIB) has faced a massive selloff, which has pulled $SHIB's value down 21% over the week to $0.000022.
Crypto analyst Master Kenobi has presented a master plan, suggesting that Floki (FLOKI), a dog-themed meme coin, is on the brink of a massive breakout. While Dogecoin (DOGE) and Shiba Inu (SHIB) have experienced notable price surges in the past, Floki is projected to skyrocket by at least 1,100% in Q1 2025.
Shiba Inu has achieved a 936% surge in its burn rate, permanently removing millions of SHIB tokens from circulation. Despite the milestone, SHIBs price remains locked below critical levels, struggling to gain upward momentum.
Shibburn tracking platform spread the word about a substantial increase in the pace at which SHIB meme coins are being driven out of the circulating supply. Several million SHIB have been transferred to dead-end wallets.
Bears have turned out to be more powerful than bulls at the beginning of the week, according to CoinStats.
Shiba Inu (SHIB) price is struggling to maintain an uptrend as Bitcoin remains stunted below the $100,000 mark. Shiba Inu's price is pegged at $0.00002172, down by 1.39% in 24 hours, per CoinMarketCap.
Offering on various networks increases visibility and distribution for a token, helping drive investment and usage among network users.
Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) show strong fundamentals, but the trader community remains hesitant about their potential to outperform other trending cryptocurrencies. What Happened: Shibburn data shows 6.02 million SHIB tokens burned in the past 24 hours, driving the burn rate up by 661.7%.
As on-chain data shows, almost half of its investors are losing money as Shiba Inu is currently going through a difficult period. Only 53% of SHIB holders are in the money or have profitable investments at the moment, while 43% are losing money, according to profitability metrics.
Few assets have demonstrated more millionaire-maker potential than Shiba Inu (SHIB -0.92%), a controversial cryptocurrency that soared by 45,278,000% in 2021. But this unprecedented rally was based on hype instead of sustainable fundamentals, and the token gave back most of its gains by mid-2022.
