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A week after the tumultuous price movement in Bitcoin and altcoins, hope for a bullish revival surfaces. With Bitcoin hanging near $59K, meme coins experience a shift in underlying sentiments as DOGE and SHIB prepare for a bull cycle.
Shiba Inu (SHIB) coin has continued its downward trend and is struggling to gain positive traction near the 0.00001404 level.
Shiba Inu's lead developer, Shytoshi Kusama, has highlighted a feature that gives Shiba Inu an edge over the foremost meme coin, Dogecoin (DOGE). Despite this development, Dogecoin still looks to be the most preferred choice among crypto enthusiasts based on this important on-chain metric.
Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) are looking to grind back upwards amid a mix of positive and negative factors. What Happened: Crypto trader Kevin noted that Dogecoin is trading in a falling channel on the weekly chart.
A recent transaction from Binance, the largest crypto exchange in the world, has caught the attention of the Shiba Inu community. This transaction was reported carrying a large number of SHIB tokens, sparking speculations of why the exchange executed this transaction in the first place.
In the heat of top dog race, SHIB's lead developer takes a jab at Dogecoin's recently surfaced gaming plans.
Shiba Inu price shows signs of resilience while eyeing immediate support below for potential relief from the price drop. The price action is facing heavy rejection around $0.00001400, which means the chances of further pullback to the next support around $0.00001200 are high.
Strange things are happening behind the scenes of the popular meme-inspired cryptocurrency Shiba Inu (SHIB), as a key metric that characterizes whale activity suddenly spiked by over 240%.
On the 11th of August, 38.8 million SHIB were burnt, a 38199412.62% increase compared to the previous day.
The weekend trade remained extremely bearish for the entire crypto space, which included even memecoins. The top 5 memecoins, Dogecoin, Shiba Inu, Pepe, dogwifhat & Bonk, are trying to rise above the bearish influence. Therefore, the buying pressure is slowly rising and hence the memecoins are about to gain mainstream attention soon.
The Shiba Inu community has received a crucial warning from Shiba Inu-focused X account ShibArmy Scam Alerts, dedicated to protecting SHIB holders from scams.
Wondering if Shiba Inu (SHIB) will rise? Discover the latest price predictions and what could be next for this popular cryptocurrency.
Shiba Inu (SHIB), the popular canine-themed meme coin, is fighting off bears in an unusual way. SHIB's recent movements come amid a drop to the $0.00001370 price territory.
With a higher low pattern developing on the chart, Shiba Inu may be indicating the beginning of a trend reversal. This technical development raises the possibility of upward movement following the recent downtrend.
A cryptocurrency whale has been buying Pepe (CRYPTO: PEPE) on the cheap, taking advantage of the frog-themed memecoin's recent drops to stock up. What Happened: According to on-chain tracking platform Spot On Chain, a wealthy investor named, “cookislandstrust.eth”, has been aggressively accumulating PEPE In the last week, the whale spent 3.13 million Tether (CRYPTO: USDT) to buy 420 billion PEPE on two occasions, including last week's Monday sell-offs and again in the last few hours.
The Shiba Inu (SHIB) burn rate erupted by an astonishing 38,199,412% in just 24 hours, consuming over 39 million tokens, leading to dramatic price swings that caught traders off guard. SHIB Burn Rate Explodes 38,199,412% The burning rate of the dog-themed cryptocurrency Shiba Inu (SHIB) has skyrocketed to 38,199,412%.
Shiba Inu (SHIB) saw its price skyrocket by 5% as bulls took charge, only for a sharp reversal to leave traders on edge, wondering if more volatility is on the horizon. SHIB Reaches New High An intriguing new development came up on the price chart of the Shiba Inu (SHIB) cryptocurrency, which is a popular cryptocurrency that was inspired by memes.
Binance has transferred 137 billion Shiba Inu (SHIB) tokens, a strategic move likely aimed at optimizing liquidity across its network. This significant transfer, though not officially explained, highlights the exchanges operational efficiency efforts.
In a dramatic turn, Shiba Inu (SHIB) has ignited the market with a 4,411% burn rate surge, sparking a rapid price rebound and renewed excitement among investors as the meme coin fights to stabilize. Shiba Inu Burn Rate Soars 4,411% An inherent deflationary control mechanism called burn has been activated by the dog-themed meme coin Shiba Inu ( SHIB).
Shytoshi Kusama, the visionary leader of Shiba Inu, has made a daring claim of SHIBs superiority over DOGE, unveiling plans for a Web3 revolution in the Shiba Eternity game that could redefine the meme coin landscape. Shytoshi Kusama Emphasizes SHIBs Advantages Over Dogecoin In a message to the SHIB community, Shiba Inu head developer Shytoshi Kusama emphasized SHIBs advantages over Dogecoin, the original meme cryptocurrency.
After a significant acquisition of 487 trillion SHIB tokens, Shiba Inu bulls are now focused on breaking through a critical resistance level. The upcoming price move could define the future trajectory of SHIB.
Shiba Inus lead developer, Shytoshi Kusama, has issued a critical warning to the SHIB community about an alarming rise in scams involving imposters posing as him to deceive and exploit unsuspecting members. Imposters Target Shiba Inu Lead Shytoshi Kusama The Shiba Inu community has been recently alerted by the Shibarmy Scam Alerts account, which focuses on the Shiba Inu breed, about the increasing danger of imposters pretending to be Shytoshi Kusama, the projects principal creator, U.Today reports.
Shiba Inu ( SHIB) is battling a critical downturn as multiple on-chain indicators suggest a persistent bearish trend, raising concerns among investors. SHIB Recovery Attempts Fail to Gain Traction Shiba Inu, a cryptocurrency based on memes, is currently in a precarious position due to multiple on-chain indications showing a negative trend.
The price of XRP has been gradually approaching the $0.60 level, which if it holds may indicate a more persistent uptrend. Even so there are indications that the uptrend may be waning despite the positive price movement.
