There has been a big shift in the lower half of the crypto top 20 today, and popular meme coin Shiba Inu is once again in the spotlight — but not in the direction SHIB holders might prefer.
The price of Dogecoin (DOGE) is correcting higher as buyers try to push the price above the $0.20 resistance and moving average lines.
Dogecoin holders have been withdrawing their funds from spot markets in April, with the leading meme coin facing mounting selling pressure.
Major meme coin and probably the most popular one, Dogecoin (DOGE) found itself in a technical structure that may be the beginning of new bull momentum, but there's one key level standing in the way of any real move: the 50-day simple moving average.
The meme coin market is bouncing back after Trump stopped plans to raise tariffs and new inflation data showed signs of slowing down. This positive news helped Bitcoin move closer to $85,000, which triggered buying interest in popular meme coins like Dogecoin and Shiba Inu.
Shiba Inu is currently experiencing an identity crisis as it is nowhere near its own version from 2021. SHIB seems to be losing steam quickly due to poor fundamentals, waning whale interest and a lack of leadership.
Dogecoin, long considered a mere crypto joke, continues to surprise. With the release of Libdogecoin v0.1.4, the developers demonstrate their desire to professionalize the project.
With Bitcoin (BTC) swiftly reclaiming $80K, the outlook for crypto markets has improved, with many expecting altcoins to rally. Among memecoins, can Dogecoin (DOGE) lead or will Shiba Inu (SHIB) price take the initiative?
A Dogecoin foundation developer has warned of potential scams and urged users to be cautious as certain projects attempt to capitalize on Dogecoin's popularity.
Shiba Inu (SHIB) is showing signs of recovery after a sharp crypto market sell-off earlier this week triggered by macroeconomic pressures. The meme coin surged from $0.00001029 to $0.00001214 on Wednesday, briefly dipped on Thursday, and then resumed its rebound Friday, hitting $0.00001238 early Saturday.
Dogecoin (DOGE) is rebounding alongside the broader crypto market, gaining 6% in the past 24 hours to reach $0.166 as of early Saturday. The memecoins latest upswing coincides with the formation of a golden cross on the hourly charta bullish technical pattern that occurs when a short-term moving average crosses above a long-term one.
21Shares, one of the largest crypto exchange-traded product (ETP) issuers, teamed up with the House of DOGE to launch the only Dogecoin ETP endorsed by the Dogecoin Foundation.
Shiba Inu price has moved sideways in the past few days after falling to a crucial support level. It was trading at $0.00001240, a few points above the year-to-date low of $0.00001080. This means that it remains sharply lower than last year's high of $0.00004560. This article explores the potential scenarios for the coin.
A recent analysis by a Bitcoin analyst has thrown cold water on the possibility of the Shiba Inu price hitting the $1 mark. The analyst firmly dismissed the idea, suggesting that it is highly unlikely, if not downright impossible.
Shiba Inu's price spiked as token burns soared and bullish technicals pointed to a major breakout.
The memecoin ecosystem has joined the latest revival in the broader market, with the Shiba Inu price now in the spotlight. The memecoin has reset its bearish outlook and will break crucial price milestones in the coming days.
Dogecoin developers have rolled out a major update to the blockchain's with the release of Libdogecoin v0.1.4.
Dogecoin has been under heavy selling pressure in recent weeks, with global tensions and macroeconomic instability dragging down risk assets across the board. The broader market correction, fueled by fears of a global recession and escalating trade disputes, hit meme coins especially hard—Dogecoin among them.
The price of Shiba Inu (SHIB) continued to fall and reached a low of $0.00001028 on April 7. The bulls bought the dips as it corrected higher.
Expectations for the Dogecoin price to eventually rise to $1 are still high, despite the meme coin having crashed significantly over the last few months. Crypto analysts have given various timelines for when this could be possible, all giving different reasons as to why.
Dogecoin (DOGE) is witnessing increased whale transactions, with an artificial intelligence (AI) tool projecting that such activity will likely help the token spike by almost 200% by year-end.
Dog-themed cryptocurrency Dogecoin is seeing a rebound as the broader crypto market traded in the green in the early Saturday session. At the time of writing, Dogecoin was up 6% in the last 24 hours to $0.166, extending its recovery from Friday's session.
In the midst of a wider cryptocurrency market recovery, the burn rate of Shiba Inu (CRYPTO: SHIB) has seen a dramatic increase of 580%. What Happened: A significant rise in the burn rate and price of the Shiba Inu token, despite a decrease in volume.
Shiba Inu, along with the broader crypto market, rebounded after an earlier sell-off in the week sparked by macroeconomic concerns.
With rising activity and a bullish chart, $0.20 might just be the start for the memecoin.
Despite lingering market uncertainty fueled by Donald Trump's escalating trade war, the cryptocurrency market showed signs of recovery this week.
As the net capitalization of the cryptocurrency segment is growing, meme coin holders benefit. Bonk (BONK) is attempting to blast past the $1 billion cap yet again while Pengu (PENGU) and Dogwifhat (WIF) meme coins are also posting double-digit gains overnight.
Shiba Inu (SHIB 2.96%) and Dogecoin (DOGE 3.75%) used to be similarly valued cryptocurrencies. But Shiba Inu has been underperforming its rival meme coin over the past year, which appears to have gotten a boost from the Department of Government Efficiency (DOGE) agency Elon Musk is behind -- its acronym is the same as the symbol for Dogecoin.
Data recently shared by the Shibburn tracking platform that picks data from Etherscan has revealed that a massive SHIB burn rate increase has taken place overnight. This metric has demonstrated a three-digit growth just a few steps away from a four-digit one.
Despite the recent market turbulence that pushed Shiba Inu (SHIB) to a 13-month low of $0.0000010 on Monday, popular crypto analyst Luckside Crypto has identified three key catalysts that could drive the popular meme coin toward a significant price recovery, potentially reaching $0.0003.
With its daily trading volume having slipped by 28.27%, Dogecoin's market activity and liquidity have diminished.
Dogecoin price has surged 3% in the last 24 hours moving above its crucial support of $0.165 and setting the stage for a massive breakout for 3x gains ahead. On the other hand, the DOGE whale accumulation could provide an additional boost for the rally ahead.
Shiba Inu burn rate continues to deal a massive blow to the meme coin's circulating supply, surging nearly 1000% this Saturday. Recent statistics from the token's official burn tracker revealed that almost 17 million coins were removed from the circulating supply in just a day.
Dogecoin's recent attempt at recovery has quickly unraveled, and a deceptive price structure is starting to form beneath the surface. A short-lived rally driven by external news (specifically, Donald Trump's announcement to pause tariffs sparked optimism across the market, but that optimism is fading just as fast.
Dogecoin (DOGE) is approaching a critical resistance level at $0.17, a pivotal point that could determine its next major move. After weeks of weak consolidation, DOGE has shown signs of recovery, boosted by a notable increase in daily trading volumeits highest in weekssuggesting renewed trader interest and potential for upward momentum.
Shiba Inu (SHIB) has seen a sharp resurgence in its token burn activity, recording a staggering 580.28% spike in burn rate over the past 24 hours, according to Shibburn. This follows several days of subdued burn activity, sparking renewed optimism within the SHIB ecosystem.
Dogecoin (DOGE) is making headlines after a massive 24-hour liquidation event coincided with a broader crypto market recovery. Triggered by the U.S. decision to pause trade tariffs, the overall market experienced liquidations totaling $468.45 million across 131,342 traders, according to CoinGlass data.
Shiba Inu (SHIB) is battling to maintain its position among the top 20 cryptocurrencies by market capitalization, as it faces stiff competition from Sui Network (SUI). SHIB is currently priced at $0.00001202, up 0.84% over the past 24 hours, according to CoinMarketCap.
Bearish pressure is building up again around Dogecoin after a slight upward move caused by a renewed bullish sentiment in the general crypto market. While the ongoing volatility may have impacted DOGE significantly, key developments in its price trend paint a positive outlook for the dog-themed meme coin as the upside momentum grows.
Dogecoin (DOGE), once dismissed as a mere meme, is now commanding significant attention in the crypto market. A recent deep dive by 21 Shares, a leading asset manager and crypto ETP investing platform, has unveiled the meme coin's massive potential, positioning it as a formidable player in the crypto space.
XRP has officially crossed back above the psychologically and technically critical $2 mark, setting the stage for a potential rally toward $2.50 in the near term. A crucial indicator that has traditionally indicated trend reversals on cryptocurrency markets, the 200-day Exponential Moving Average (EMA) is regained by the asset as it gains momentum.
SHIB burn rate and price note a resurgence, but volume remains in the red. What does this mean for the SHIB ecosystem?
Cryptocurrency markets are trading higher on Friday, amid Florida passing a Bitcoin reserve bill. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $83,687.73 +5.5% Ethereum (CRYPTO: ETH) $1,565.31 +3.3% Solana (CRYPTO: SOL) $120.10 +8.4% XRP (CRYPTO: XRP) $2.03 +4.3% Dogecoin (CRYPTO: DOGE) $0.1599 +4.6% Shiba Inu (CRYPTO: SHIB) $0.00001220 +5.7% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 12.3% and daily active addresses grow ingby 5.6%.
Cryptocurrency analyst Davinci Jeremie, who became popular following his 2011 advice to purchase Bitcoin when it was only priced at $1, has shared his take on whether Shiba Inu (SHIB) is ever going to hit the $1 price target. In a recent video, Jeremie delved into the mathematical reality behind such a price prediction and
Bitcoin (BTC) is showing strength as buyers have pushed the price above $82,500, but higher levels are likely to attract solid selling from the bears. CryptoQuant analysts said in a recent market report that Bitcoin could face resistance around $84,000, but if the level is surpassed, the next stop may be $96,000.Although trade tensions between the United States and China have flared up, institutional crypto investment firm Bitwise remains bullish on Bitcoin.
Dogecoin (DOGE 5.59%) is one of the most popular meme coins today with a market cap of $24 billion. And that's after a sharp 50% drop year to date.
Despite bears' pressure, most of the coins are in the green zone today, according to CoinStats.