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news-imageFebruary 7, 2025

Has Fartcoin Run Out Of Steam? 50% Downturn Signals Dogecoin, Shiba Inu Have Little To Fear

Fartcoin (CRYPTO: FARTCOIN) is bouncing back from a severe downturn but remains over 50% down over the past seven days. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Fartcoin (CRYPTO: FARTCOIN) $0.4765 $476.3 million -0.08% -54.1% Ai16z (CRYPTO: AI16Z) $0.342 $372.2 million +18.7% -49.8% Brett (Based) (CRYPTO: BRETT) $0.04569 $452.8 million +3.2% -48.3% Trader Notes: Cold Blooded Shiller pointed out that Fartcoin has reached a critical level in its target zone, meaning it could either see a major bounce or face full-blown capitulation.
Publisher: Benzinga
Sentiment: Negative
DOGE
SHIB

More News Articles

Positive
cover-imageThe Currency Analytics
February 7, 2025

Whales Accumulate 750 Million Dogecoin Amid Dip, 300% Rally Ahead

Whales have been scooping up Dogecoin (DOGE) after the cryptocurrency's recent price slump, leading many to speculate whether a 300% surge is on the horizon. According to market analyst Ali Martinez, a significant number of whales took advantage of a dip, purchasing 750 million DOGE tokens as the price dropped below key psychological levels.

Negative
cover-imageBenzinga
February 7, 2025

Bitcoin, Ethereum, XRP, Dogecoin Bleed Lower As Trump Tariff Threat Looms

Crypto markets are grinding lower on Friday, with Bitcoin reversing gains on renewed tariff fears after briefly having touched $100,000. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $96,769.28 -0.8% Ethereum (CRYPTO: ETH) $2,650.07 -1.7% Solana (CRYPTO: SOL) $195.91 -2.4% XRP (CRYPTO: XRP) $2.43 -5.5% Dogecoin (CRYPTO: DOGE) $0.2502 -2.4% Shiba Inu (CRYPTO: SHIB) $0.0000153 -2.5% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 12.2% and daily active addresses falling by 0.3%.

Positive
cover-imageBenzinga
February 7, 2025

Dogecoin Eyes $2 While Shiba Inu Burn Rate Surges 1,151%—Is a Rally Coming?

Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) continue to trade sideways, but traders maintain that more upside is still to come for the underperforming meme coins. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin (CRYPTO: DOGE) $0.2538 $37.6 billion +2.9% -22.2% Shiba Inu (CRYPTO: SHIB) $0.0000154 $9.07 billion +2.6% -18% Pepe (CRYPTO: PEPE) $0.059434 $3.9 billion +1.2% -31.8% Trader Notes: Trader Tardigrade highlighted that Dogecoin's past rebounds followed over 50% corrections, with the latest dip at -58.25% mirroring previous breakout patterns.

Neutral
cover-imageThe Cryptonomist
February 7, 2025

Shiba Inu: the mystery of the supply and the possible future of the price

Shiba Inu (SHIB) continues to be at the center of attention in the crypto world. Two recent developments are capturing the interest of the community: the mysterious holder of 60% of the SHIB supply and the potential price of the crypto if its market capitalization were to reach that of XRP. Both topics raise crucial questions for investors.

Negative
cover-imageCrypto Daily
February 7, 2025

Crypto Price Analysis 2-7: BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, DOGECOIN: DOGE, RIPPLE: XRP, JUPITER: JUP, STACKS: STX

Bitcoin (BTC) dived back into the red as momentum stalled around the $99,000 price level and fell to a low of $95,891 before recovering and moving to its current level. The flagship cryptocurrency is down almost 1% as it oscillates between $95,000 and $99,000, nearly 11% below its all-time high as it struggles to reclaim $100,000.

Neutral
cover-imageBloomberg Markets and Finance
February 7, 2025

Elon Musk Is Being Very Transparent: Rep. Comer on DOGE

Rep. James Comer (R) Kentucky discusses the latest on what framework is needed to create the Reconciliation Bill and get it approved by Republican members in the House of Representatives. He also shares his thoughts on Elon Musk and DOGE, saying Musk is "being very transparent," and states that Musk has no authority to do anything and that the power lies with President Trump or Congress.

Neutral
cover-imageThe Currency Analytics
February 7, 2025

Kraken Transfers $20M Worth of Shiba Inu to Unknown Wallet

A recent transaction involving crypto exchange Kraken and the Shiba Inu token has captured the attention of the crypto community. Whale Alert, a leading whale-tracking platform, reported that Kraken moved an enormous quantity of Shiba Inu to an unmarked address, which has raised both curiosity and concern.

Positive
cover-imageCoinPedia
February 7, 2025

Shiba Inu Tops Altcoin Market Under Heavy Whale Influence

The altcoin industry has been solving the decentralization aspect of the blockchain trilemma for the past years. With the scalability and security aspects having been solved through layer one and layer two chains, the distribution of altcoins to achieve higher decentralization has been a work in progress in most projects.

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