Shiba Inu Enters Top 10 by Surpassing TRX, TON Following Weekend Surge
The price rally comes in the wake of Donald Trump's return to the White House, with analysts predicting a new dawn for the crypto industry.
Keep up with what's happening in the crypto world in real-time.
The price rally comes in the wake of Donald Trump's return to the White House, with analysts predicting a new dawn for the crypto industry.
Shiba Inu surged with a 20% rally, sharply outpacing XRPs modest 4% rise, highlighting SHIBs current bullish momentum. Breaking critical resistance at $0.000021, Shiba Inus recent spike signals potential for further gains as investor interest rises in the meme coin sector.
Against the backdrop of a highly bullish market on Monday, the Shiba Inu burn rate once again witnessed a remarkable surge, propelling market optimism surrounding the meme coin's price run ahead. As per recent data, the meme token noted a roughly 1000% surge in its burn rate as nearly 500 million SHIB were destroyed.
Shiba Inu price has soared over 64% in the last 6 days, recording the largest weekly gain since February 2024. This increase comes amid Bitcoin breaking previous all-time highs and the entire crypto market surging to $2.915 trillion.
Shiba Inu (SHIB) has recently experienced a strong breakout, pushing its price to a five-month high. This 36% rally has invigorated bullish momentum for the popular meme coin, though the possibility of a correction from profit-taking investors remains a potential risk.
The dog-themed cryptocurrency Shiba Inu (SHIB) witnessed a notable surge in whale activity, with 6.47 trillion tokens transacted in just 24 hours. This 150% spike highlights increased interest among major holders as Shiba Inu approaches key resistance levels amid a broader crypto rally.
As it continues the altcoin rally, Shiba Inu is drawing market attention with a notable price recovery. Many traders have shifted their attention to promising altcoins like SHIB as a result of this upward movement, which coincides with Bitcoin's dominance approaching a crucial 60% level.
Shiba Inu has experienced a notable increase in large transactions, raising questions about its price trajectory.
Shiba Inu has surged following lead developer Shytoshi Kusama's proposal for a strategic blockchain innovation hub in the U.S. The announcement coincided with a major price pump for Shiba Inu (SHIB).
Shytoshi Kusama, the pseudonymous lead developer of the Shiba Inu network, has revealed plans to propose to the new presidential administration the creation of a “Strategic Hub for Innovation and Blockchain” (S.H.I.B.) in a US city.
Shiba Inu (SHIB) are starting to gain traction alongside Bitcoin's price surge. Bitcoin has been setting new all-time highs almost daily, drawing attention from both retail and institutional investors.
Investors are keenly eyeing the next big opportunity as the cryptocurrency landscape evolves. The Shiba Inu price has captured attention with its vibrant community and meme-driven appeal, positioning itself for a potential rally in the upcoming market surge.
Shiba Inu developer Shytoshi Kusama has proposed the establishment of a Strategic Hub for Innovation in Blockchain (SHIB) in the US as a Silicon Valley for the blockchain industry. In a post on X, Kusama noted that his proposal aligns with Donald Trump's plan to build 10 new tech-focused cities.
During the Sunday trading session, the crypto market witnessed a massive inflow as Bitcoin prices hit a new high of $80,137. The buying pressure extended the recovery trend to mostly major altcoins, including SHIB.
The past week marked the most bullish period for the market since early March, as the global crypto market cap surged to $2.85 trillion by the weekend. Bitcoin (BTC) spearheaded the rally following Donald Trump's victory in the U.S.
Dog-themed cryptocurrency Shiba Inu (SHIB) is showing impressive momentum, rising nearly 50% in the last 24 hours.
SHIB trades at its highest level since June this year.
The crypto industry is reveling in bullish sentiment, with most meme coins also participating in the action. Notably, a crypto analyst on the TradingView platform has dropped an interesting 160% bullish outlook for a meme coin, and it's neither Dogecoin nor Shiba Inu.
Recently Shiba Inu has outperformed Ripple's XRP with a remarkable 20% price rally, outpacing XRP's more modest 4% gain. This striking disparity demonstrates SHIB's recent momentum, which has been driven by heightened investor interest and meme coin growth in general.
In an exciting development, Robinhood Crypto has announced that Shiba Inu (SHIB) transfers are now available on its platform.
Experts are confident that Shiba Inu could potentially undergo a massive price surge on the back of a positive overall outlook on cryptocurrency. Donald Trump's victory in the recently concluded US election brings waves of optimism in the cryptocurrency market which SHIB Inu can ride on to propel it to a 306% price hike.
Shiba Inu (SHIB), the popular and second-largest meme coin, is now poised for a significant upside rally after consolidating for more than six weeks. It has been observed that while top crypto assets experience notable upside rallies, SHIB remains in a consolidation phase and appears to be struggling.
The rivalry between Shiba Inu (SHIB) and Dogecoin (DOGE) continues to rage, making headlines and becoming a top discussion among crypto community members. Recently, Investment firm Sistine Research unveiled a Shiba Inu chart analysis, which suggests that SHIB might be poised to outperform DOGE in 2025.
Shiba Inu's Layer 2 scaling solution, Shibarium, is rapidly gaining traction, and it's now on the verge of hitting a significant transaction milestone. Over the past few weeks, Shibarium has seen remarkable growth, with daily transaction counts averaging 4 million.