DOGE and SHIB Price Prediction for December 9
A new week has started with a market correction, as all of the top 10 coins are in the red zone, according to CoinMarketCap.
Keep up with what's happening in the crypto world in real-time.
A new week has started with a market correction, as all of the top 10 coins are in the red zone, according to CoinMarketCap.
The lead developer of the Shiba Inu team known, under the pseudonym Shytoshi Kusama, has published a tweet that illustrates the way people feel at the very start of their journey on the path of crypto and after spending three years on it already.
As Bitcoin turns sluggish, the memecoin mania has also faded to a large extent. The most dominant memecoin, Dogecoin, has now turned bearish as the BTC price is flashing bearish signals.
It was a sea of red in the crypto industry, with Bitcoin price falling to $98,000 and the total market cap of all coins falling by almost 4%. Still, cryptocurrencies have been the best-performing assets in the last decade, with most of them beating traditional assets like stocks and gold.
A crucial resistance level that might determine Shiba Inu's short-term course is drawing near. Since the asset's recent rally appears to be slowing down, SHIB is probably going to experience a lot of selling pressure near the transactional resistance level of five trillion SHIB that has the power to make or break its next significant price shift.
PEPE hit a new all-time high of $0.000027 on December 8, crossing the $11 billion market cap milestone for the first time. Analysts are now predicting the crypto will continue leading the memecoin market, staying ahead of popular coins DOGE, SHIB, UNI and LTC.
It certainly seems so, and in fact, it is still definitely very far from the highs.
PEPE smashed a new ATH at $0.00002717 in the early trading hours after surpassing the crucial resistance zone. With this, the token has achieved a market capitalisation of over $11 billion, surpassing the giants like Litecoin.
If you thought $PEPE vs $BRETT was spicy (link), get ready for the heavyweight showdown of the dog-themed memecoin titans: Shiba Inu ($SHIB) and Floki ($FLOKI). As we dive into the final chapter of the memecoin trilogy, the stakes are higher than ever.
Shiba Inus price soared over 5% this weekend, fueled by an extraordinary 1.136 trillion SHIB whale accumulation. On-chain data highlights bullish momentum as major holders bolster their positions, solidifying the tokens resilience above critical price thresholds.
As it continues to struggle to break the historic $100,000 barrier, many investors have found the recent price action of Bitcoin to be both exciting and frustrating. Due to strong market forces opposing the asset's upward momentum, this crucial level has turned into a psychological and technical resistance.
The Shiba Inu ecosystem is advancing its capabilities by incorporating Zama's Fully Homomorphic Encryption (FHE) technology.
Bulls are trying to hold the initiative on the last day of the week, according to CoinStats.
The price of the popular meme-inspired cryptocurrency Shiba Inu (SHIB) is showing a bit of appreciation today as it shines green over the weekend, even rising over 5% in the last few hours. The bigger picture reveals more encouraging details as the Shiba Inu token continues to quote the above-mentioned key price level of $0.00003.
The price of Shiba Inu (SHIB) is rising as it recovers from the previous drop. Price analysis by Coinidol.com.
Dog-themed cryptocurrency Shiba Inu has steadily risen over the last two days, culminating in a retest of $0.000033 in today's trading session.
PEPE is among the top performers in the past month among the meme coins.
An analyst has predicted that Shiba Inu could surge by 178%, potentially returning to its all-time high. In October 2021, Shiba Inu hit its peak price of 0.000048845. To reach that level again, Shiba Inu would need to rise by 178%.
The riveting world of crypto has concluded another week, primarily with Bitcoin (BTC), XRP, and Shiba Inu (SHIB) stealing the spotlight. Notably, the flagship crypto saw events unfold in favor of its future movements, whereas XRP and Shiba Inu mirrored immense optimism in light of community advancements.
Shibarium, the Ethereum-based Layer-2 (L2) scaling solution of the Shiba Inu (SHIB) ecosystem has broken a new landmark milestone. According to data insight from the Shibariumscan, the L2 network now have a total of 2 million wallet addresses registered onchain.
Dog-themed meme coin Shiba Inu (CRYPTO: SHIB) has surged by 208% so far in 2024, catapulting its market capitalization to $18.28 billion. What Happened: Currently positioned at number 12, Shiba Inu's consistent rally since the beginning of Q4 2024 has led crypto analysts to forecast its potential rise into the top 10 cryptocurrencies by market cap.
Shiba Inu is very likely to challenge its all-time high over the next 3-4 months.
Shiba Inus market activity intensifies as it approaches a critical 85 trillion SHIB support zone. This level, crucially accumulated by thousands of investors, could spark significant price action depending on broader market dynamics and buyer resilience.
This past few days has been quite the week for Shiba Inu, the second-largest meme coin by market valuation. The token saw a minor drop following a rejection over the weekend, but it began the month of December strongly with a price increase on the 1st.