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news-imageFebruary 6, 2025

Shiba Inu at risk of 45% crash as death cross forms, burn rate falls

Shiba Inu price remains in a bear market and could see additional downside after forming a death cross pattern while a key metric declines. Shiba Inu (SHIB), the second-largest meme coin in crypto, dropped to a low of $0.
Publisher: Crypto news
Sentiment: Negative
SHIB

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Positive
cover-imageBenzinga
February 6, 2025

Shiba Inu More Than A Meme? The 'Technology Powerhouse' Partners With United Arab Emirates Government

Cryptocurrency traders hope Shiba Inu (CRYPTO: SHIB) may be poised for a comeback off the back of a partnership announcement with the government of the United Arab Emirates. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Shiba Inu (CRYPTO: SHIB) $0.00001504 $8.9 billion -6.3% -20.4% Dogecoin (CRYPTO: DOGE) $0.2468 $36.51 billion -5.3% -26.2% Pepe (CRYPTO: PEPE) $0.059381 $3.94 billion -7.9% -29.4% Trader Notes: Crypto trader Scofield highlighted that meme coins are evolving beyond hype, pointing to projects like Floki Inu (CRYPTO: FLOKI), Dogwifhat (CRYPTO: WIF) and SHIB.

Neutral
cover-imageUToday
February 6, 2025

Shiba Inu (SHIB) to Dodge Death Cross If This Bounce Accelerates

After a brutal sell-off, Shiba Inu is at a turning point and exhibiting signs of a possible recovery, but any attempts at recovery could be hampered by an impending death cross. Following a recent decline below important support levels, the asset has experienced a modest recovery and is currently trading at $0.000016.

Positive
cover-imageBitcoin
February 6, 2025

UAE Ministry Partners With Shiba Inu to Drive Web3 Innovation

The United Arab Emirates Ministry of Energy and Infrastructure has partnered with Shiba Inu to implement Web3 solutions for energy, infrastructure, and other areas. Public Service Efficiency Gets a Web3 Makeover The United Arab Emirates (UAE) Ministry Energy and Infrastructure (MOEI) announced on Feb.

Neutral
cover-imageCoinPedia
February 5, 2025

Shiba Inu Rally Imminent? 1.23 Trillion SHIB Moves into Wallet

Amid ongoing market uncertainty, Shiba Inu (SHIB), the popular and second-largest crypto meme coin, has gained attention from crypto enthusiasts and made a big move. Today, February 6, 2024, blockchain-based transaction tracker Whale Alert posted on X (formerly Twitter) that a crypto whale transferred 1.239 trillion SHIB tokens, worth $20.

Negative
cover-imageUToday
February 5, 2025

7.5 Trillion Shiba Inu (SHIB) Outflow: What's Happening?

Shiba Inu has been experiencing a sharp decline, as shown by the market being shaken by an astounding 7.5 trillion outflow of tokens. This enormous token movement indicates significant changes in investor sentiment, which will increase selling pressure and cause a significant decline in price.

Positive
cover-imageThe Currency Analytics
February 5, 2025

Shiba Inu Price Outlook: $150B Market Cap Potential

Shiba Inu (SHIB) has recently shown notable upward movement, briefly surpassing the $0.000016 price point, igniting discussions about the potential for its market capitalization to hit $150 billion. This speculation follows a turbulent period in the broader cryptocurrency market, where SHIB experienced significant losses only to stage a sharp recovery.

Positive
cover-imageBlockonomi
February 5, 2025

Shiba Inu to Power UAE Government's Digital Infrastructure

The UAE Ministry of Energy and Infrastructure has partnered with Shiba Inu to implement blockchain technology across government services, marking the first federal-level blockchain integration by a national government and potentially saving over $3 billion in processing costs.

Positive
cover-imageBenzinga
February 4, 2025

Shiba Inu Eyes 393% Rally, Dogecoin Targets 333% Gains: What's Happening?

Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) are showing steady price action, but on-chain data and technical indicators suggest a massive rally could be on the horizon. Cryptocurrency Price 24-Hour Trend Dogecoin (CRYPTO: DOGE) $0.2636 -5.7% Shiba Inu (CRYPTO: SHIB) $0.00001563 -3.4% Pepe (CRYPTO: PEPE) $0.00001001 -5.0% Trader Notes: Crypto trader Javon Marks predicts that Shiba Inu could surge nearly 10x to $0.0001553.

Positive
cover-imageBenzinga
February 4, 2025

Dogecoin, Shiba Inu, Popcat Have Corrected Multiple Times And Bounced Back, D.O.G.E Set To Do The Same, Trader Argues

According to a prominent trader, the Department Of Government Efficiency (D.O.G.E) token is following the typical meme coin trajectory—major rallies followed by deep corrections. What Happened: In a post on X on Tuesday, trader Unipcs highlighted that despite facing heavy criticism after a 90% drop from its $500 million peak, this pattern is normal and D.O.G.E is primed for a comeback.

Positive
cover-imageCryptopolitan
February 4, 2025

UAE Government and Shiba Inu to energize WEB3 in UAE

The UAE Ministry of Energy (MOEI) has struck a partnership with Shiba Inu to develop Web3 solutions in energy, infrastructure, and more. As per the press release, the partnership will mark a new era in Web3, leveraging Shiba Inu's broad range of Web3 technologies to support public service efficiency, green infrastructure, and citizen-focused governance models.

Neutral
cover-imageUToday
February 4, 2025

Rare 6.51 Trillion SHIB Anomaly Stuns Shiba Inu Coin

A rather rare anomaly recently stunned the on-chain realm behind the scenes of Shiba Inu token SHIB. Thus, as became known thanks to data from IntoTheBlock, the number of outflows from the wallets of meme cryptocurrency whales in the last 24 hours totaled 6.51 trillion SHIB.

Positive
cover-imageUToday
February 4, 2025

SHIB Burns Jump 567%, But Here's Big Price Twist

According to the data provided by the public blockchain data tracker Shibburn, which monitors SHIB burn transfers on the Ethereum chain and shares the details on its website and the X account, over the past day, burn efforts have been quite successful, pushing millions of meme coins out of circulation.

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