Most financial experts doubt Shiba Inu will ever flip Dogecoin despite recent whale activity and SHIB's slight outperformance of ETH.
In a recently published post on the X social media network, the Dogecoin team opposed the recent tweet by Michael Saylor in which he shared his Bitcoin vision, comparing BTC to chess.
Recent on-chain data has revealed that Dogecoin whales are back in the market and accumulating tokens en masse. Based on the current state of the market, these whales appear to be taking advantage of low prices to buy more DOGE tokens in hopes of an imminent rally.
Shiba Inu (SHIB) is showing signs of renewed momentum as its burn rate jumps by 111.43% in 24 hours, with a weekly increase of 19.48%, according to blockchain tracker Shibburn. This notable uptick marks a potential revival in SHIBs deflationary mechanism, reigniting optimism among holders.
A massive Dogecoin (DOGE) transaction involving 478 million tokensvalued at over $72 millionwas flagged by blockchain tracker Whale Alert on April 16. The transfer occurred between two unknown wallets, igniting widespread speculation across the crypto community.
A recent poll indicates that financial experts remain skeptical if Shiba Inu is able to overtake Dogecoin in value. The poll, conducted by Finders, surveyed 14 finance experts for their opinion on whether SHIB will ever overtake DOGE in market capitalization.
Crypto analyst Mindfully Lost has revealed price action levels for XRP and Dogecoin. He mentioned the resistance and support levels to keep an eye out for these heavy hitters amid this market downturn.
Shiba Inu has once again faced significant downward pressure. The asset is now trading at about $0.00001168, having failed to set up a significant support level in the last few sessions.
After weeks of relatively low burn activity, Shiba Inu's burn rate is seeing a slow but notable rebound, according to the latest figures from blockchain tracker Shibburn.
Dogecoin network has a vibrant global online community and introducing Dapps could stir up more growth. Stebbing expects collaborative and open protocols for future Dogecoin Layer 2 projects. Timothy Stebbing, a product lead at the Dogecoin Foundation, has highlighted how he thinks the meme lord should evolve in the future.
A digital asset analyst has pointed to bearish Dogecoin (DOGE) on-chain data, pointing to a heavy correction. This comes on the heels of plunging United States tech stocks and crypto prices as the market digests the impact of recent tariffs.
A DOGE whale has drawn the crypto community's attention following a recent transfer involving millions of the meme coin. This development comes as crypto analyst Master Kenobi predicted that a Dogecoin price breakout will happen “within hours.
Shiba Inu (SHIB) looks primed for a possible breakout as the price action on the weekly chart constricts. Several cryptocurrency analysts are referring to a pattern formation that suggests SHIB could be on the verge of a massive price action following a consolidation phase.
Blockchain monitoring platform Whale Alert has reported a massive Dogecoin transaction involving 478 million DOGE tokens on April 16. According to the data, the transaction—worth over $72 million—occurred between two unidentified wallets, sparking a flurry of speculation within the crypto community.
ตามรายงานจาก NewsBTC นักเทรดในตลาด Futures ของ Binance กำลังเดิมพันอย่างหนักว่าราคา Dogecoin จะพุ่งขึ้น ข้อมูลจาก Ali Martinez (@ali_charts) บน X เผยให้เห็นว่า 72.13% ของผู้ใช้งานที่เปิดสถานะ Dogecoin นั้นอยู่ในฝั่ง Long ในขณะที่เพียง 27.
What's fueling the buzz behind SHIB and OM this week? Shiba Inu (SHIB) price analysis shows the token testing $0.000012, with whales and retail users stacking up trillions of tokens. Over on the RWA side, Mantra (OM) Price Forecast is looking strong after a $1B tokenization deal and a Google Cloud validator partnership.
Bitcoin (BTC) has risen above $85,000, signaling that the bulls are trying to form a higher low at $83,000. The short-term price action remains susceptible to news related to the US tariffs and the ongoing trade war with China.Gold has been a clear winner during the current bout of macroeconomic uncertainty.
Even after a sharp cooldown, the meme coin sector refuses to die quietly. With Fartcoin (CRYPTO: FARTCOIN) in the focus, traders say the meme coin mania might be entering a stronger, more refined phase.
Dogecoin price is still stuck in a bear market after crashing by almost 70% from its last year's high. This performance is happening as on-chain data shows that whales are capitulating and dumping their tokens.
The Dogecoin price has been steadily going down since December 2024 after hitting a new local peak in November. This has carried into the new year, and so far, the meme coin has lost over 50% of its value in the space of four months.
The XRP price has fallen by 4% in the past 24 hours, yet a recent report from Kaiko underlines how the coin could explode later this year. The post XRP Price Eyes Breakout as ETF Approval Odds Rise, Beating Solana and DOGE appeared first on Cryptonews.
A fresh snapshot of Binance's futures market data shows Dogecoin attracting a remarkably bullish stance among traders. According to a chart shared by Ali Martinez (@ali_charts) on X, 72.13% of Binance users with open Dogecoin positions are currently long, leaving only 27.87% on the short side.
Shiba Inu price is consolidating within the range lows amid a lack of buying momentum. However, the meme coin's consolidation is happening within a bullish pattern, with a breakout suggesting that the price may be poised for a 17x surge to $0.0002.
The Dogecoin (DOGE) price is experiencing intense consolidation after the latest broader market breakdown. The meme coin has dropped by more than 3.5% in the past 24 hours and is trading for $0.1533.
In early April 2023, Elon Musk amazed the crypto community when they saw a Dogecoin mascot (the image of the famous meme Shiba Inu dog Kabosu) instead of the habitual blue bird on Twitter when the tech mogul only started rebranding the social network as X. This Twitter logo change took place on April 3.
SHIB and XRP are both testing historically significant support zones, with technical indicators hinting at a potential shift in momentum as traders watch for key breakout levels to confirm a trend reversal. Shiba Inu (SHIB) is currently trading at $0.
Shiba Inu (CRYPTO: SHIB) is seeing a significant uptick in on-chain activity and surging burn rates even as prices consolidate. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Shiba Inu (CRYPTO: SHIB) $0.00001163 $6.9 billion -2.9% +6.2% Dogecoin (CRYPTO: DOGE) $0.1534 $22.8 billion -4.07% -5% Pepe (CRYPTO: PEPE) $0.057127 $2.99 billion -3.2% -12.4% Trader Notes: Crypto trader Javon Marks remains bullish, stating that SHIB's first major breakout target sits over 550% higher at $0.000081.
With options heating up and key resistance at $0.2036 in sight, is a breakout imminent—or is this a bull trap in disguise?
Although Shiba Inu may be having trouble on the price chart, a significant change in its on-chain behavior might indicate a possible recovery. A notable increase in important whale-related metrics could indicate that large holders are once again interested even though market performance has been weak.
XRP's first leveraged ETF debuts in the US, while platforms like XY Miners offer a stable way to profit through AI-powered cloud mining. #pressrelease
Dogecoin is hanging by a thread! Will it bounce back above $0.16 or crash below $0.15?
After weeks of rally and strong fluctuations, the cryptocurrency market has experienced a setback with a decline of over 3% in the last 24 hours. This pause comes in a climate of high volatility, as observers note contrasting technical signals on Bitcoin, Solana, and Dogecoin, and interpret the recent accumulation moves by large investors. In the last few hours, the price of Bitcoin ( BTC ) has dropped to nearly 83,500 dollars, after surpassing the 84,200 mark the previous day. The 3.3% decline in the overall capitalization of the crypto market follows profit-taking that interrupted the most recent bull momentum.
The cryptocurrency price prediction for today, April 16, suggests choppy moves will continue as Bitcoin price defends $80,000 while Ethereum holds on to the $1,500 support level. Meanwhile, macro trends are shifting as President Trump considers pausing auto tariffs.
Shiba Inu stagnates under pressure, its fall is imminent. Bitcoin absorbs investors, and SHIB, with its anemic volume, could lose a zero in value if no change occurs.
Dogecoin (DOGE -5.02%) was created as a joke by two friends in 2013. Cryptocurrency was becoming very serious back then with the rise of Bitcoin, and they wanted to lighten the mood.
SHIB could decline by 30% if it fails to break above the upper boundary of the descending channel pattern.
Bitcoin (BTC) and major cryptocurrencies fell over 3% as profit-taking followed Tuesday's rally.
DOGE is down by 4% over the past 24 hours.
Dogecoin (DOGE) has recently climbed above $0.16, supported by a short-term ascending trendline. However, this bullish structure is showing signs of weakness.
Shiba Inu (SHIB) is back in the spotlight following a surge in whale activity, hinting at a potential trend reversal. In the past 48 hours, over 160 billion SHIB tokens have flowed into the asset, signaling renewed accumulation by large holders.
As investor sentiment shifts globally, the Dollar Index (DXY) has continued its losing streak and entered a steep downward spiral, breaking below important support levels. With a significant intraday increase of 1.48%, Bitcoin is demonstrating strength and resilience in the meantime, reaching $85,885.
Shiba Inu (SHIB) has seen a massive spike in daily volume, reaching a total of 224 billion SHIB within 24 hours. This surge has attracted attention due to its connection with a significant rise in whale activity.
XRP exchange-traded funds may be the next SEC-approved product that gives investors exposure to crypto, according to data firm Kaiko.
Kaiko analysts said in a Monday report that Ripple-affiliated cryptocurrency XRP is ahead of other alternative cryptocurrencies like Solana (SOL) and Dogecoin (DOGE) when it comes to spot exchange-traded fund (ETF) approval by the U.S. Securities and Exchange Commission.
Dogecoin is revisiting a critical higher timeframe support zone, the channel low, which previously triggered a massive bullish expansion.
Memecoin's whales have been pretty busy lately.
The Securities and Exchange Commission (SEC) is resisting a request from Elon Musk's Department of Government Efficiency (DOGE) to gain read and write access to specific agency records.
Shiba Inu's badge of honor: Shibarium wants to reward users for participating in Web3 activities via Karma points.