The ongoing market sell-off has taken a toll on SHIB investors, with the majority now holding positions in the red. According to IntoTheBlock data, only 18% of SHIB holders are currently "in the money," marking a rare profitability low for the dog-themed cryptocurrency.

Most of the cryptocurrencies are in the red zone today, according to CoinStats.

In a post on X, Shiba Inu marketing lead Lucie (@LucieSHIB) highlighted the potential impact of Ethereum's forthcoming “Pectra” upgrade on Shibarium, the layer-2 (L2) solution built by the Shiba Inu ecosystem.

Shiba Inu (SHIB) has been garnering significant attention in the cryptocurrency market, and for good reason. The cryptocurrency coin, which once captured the hearts of retail investors, has experienced a remarkable surge in its burn rate.

Rexas Finance enters the cryptocurrency market with quickly rising popularity alongside its promising future prospects. The cryptocurrency market is drawn to Rexas Finance through its blend of SHIB-like hype and SOL-like future potential. Its innovative features and ambitious plans are positioning it as a strong player in the crypto space.

Shiba Inu struggles below key levels—will it rebound or drop further? Check SHIB price analysis and the latest prediction!

Shiba Inu is having difficulty maintaining critical support levels, putting the asset at risk of a catastrophic breakdown. SHIB is now trading at $0.00001326, having dropped more than 6% in the last day, raising the possibility that its price will drop by another zero.

Shiba Inu (SHIB) has seen a sharp increase in its weekly burn rate, with 128,939,614 tokens removed from circulation over the past seven days—a rise of 11.82%. The past 24 hours tell a different story, with only 21,956,446 SHIB burnt, marking a 27.19% decline compared to the previous day.

The Ethereum market value experienced considerable downward pressure by pushing the cryptocurrency toward the important $2,200 support point. The sustained price reduction of Ethereum continues to concern market participants about potential deeper losses or chances to recover previous value.

Shiba Inu's ecosystem team has rolled out an exciting initiative designed to encourage both player engagement and burn tokens to reduce the circulating supply. The newly introduced Shiba Eternity game mode, called Duel Mode, is a player-versus-player contest where participants compete against each other for SHIB rewards.

Shiba Inu (SHIB) investors are demonstrating increasing confidence, as reflected in a notable shift in their behavior. As prices of many assets plummet, Shiba Inu holders have been raising their average holding time, signaling faith in the asset's long-term potential despite a general market slump.

Cryptocurrency prices suffered a big dive this week costing investors billions of dollars. Bitcoin has retreated below $80,000, while the total market cap of all these coins plunged by 5.40% to $2.64 trillion. This means that crypto investors have lost almost $1 trillion in the past few months.

Shiba Inu (SHIB), the world's second-largest meme coin, is poised for a price recovery due to bullish price action and an impressive 24-hour burn rate. Data from the SHIB burn tracker recently revealed in a post on X (formerly Twitter) that the meme coin's burn rate has surged by a staggering 4,137.

Despite recent declines to $0.209 due to intense bearish pressure, Dogecoin's price action may be determined by three key support levels in the future. According to the current price chart, these levels are based on past local peaks, which have a history of serving as areas of high demand during corrections.

Shiba Inu's burn efforts may not be enough to offset the bearish market signals.

Shiba Inu's proud & loyal community initiated a jaw-dropping 30 million drop in the meme coin's circulation.

The general crypto market has faced significant headwinds this week, with top meme coins among the hardest hit.

Once a leading performer in the cryptocurrency market, Shiba Inu (SHIB) is having difficulty regaining ground following a 31% decline in just 30 days. With transactions above 1,000 SHIB falling 80% and whale activity decreasing 88%, the token, which is currently trading at $0.000013, has lost 43% of its value in only three months.

Major U.S. cryptocurrency exchange Coinbase recently saw a large outflow of popular meme-inspired cryptocurrency Shiba Inu (SHIB).

Shiba Inu (SHIB) price is down by 83% from its all-time highs, with the downtrend mirroring a pullback across the broader cryptocurrency market. Due to this decline, 58% of all SHIB holders are now in losses per IntoTheBlock.

Shiba Inu's token burn strategy has fueled investor optimism, with a 1,300% burn rate spike and a price uptick of 4%.

Shiba Inu (SHIB) has seen a mild price rebound on the daily chart, suggesting the meme coin's sell-off trend might be over. At the time of writing, the coin jumped by 3.76% in 24 hours to $0.00001476, paring off the losses of the past week to 4.4%.

Dog-themed cryptocurrency Shiba Inu has witnessed outflows of 719 billion SHIB in the last 24 hours, which have been linked to large holders, or whales. According to IntoTheBlock data, Large Holders Outflow, which tracks funds leaving addresses belonging to whales or large holders, totaled 719 billion SHIB in the past day.

SHIB is attempting to break out of the bear trend, sparking new hopes among investors.

Shiba Inu's market dynamics are changing rapidly, followed by the outflow of whales and a drop in activity. Unfortunately, when looking at the price and the on-chain background of SHIB, a lot of worrying thoughts are arising.

Data shared by popular data tracker Shibburn, which monitors SHIB burn transactions and then shares the details on its website and X page, has revealed that over the past day, a substantial amount of meme coins was driven out of the circulating supply.

Shiba Inu price could surge by 450% in the near term buoyed by its long-term breakout holding. The trend is expected to trigger another growth spurt for Shiba Inu (SHIB) in the near term despite falling prices.

Launched in December, Binance Alpha program provides a listing pool for upcoming tokens.

The meme coin hype train has taken a breather as markets struggle with adverse macroeconomic conditions. However, meme coins are not going anywhere, as can be seen by the influx of new meme coins looking to dethrone the top dogs in the ecosystem, Dogecoin (DOGE) and Shiba Inu (SHIB).

Shiba Inu price movements have caught attention as the market navigates recent downturns. Despite a looming death cross, analysts suggest a possible reversal instead of a decline.

Dog-themed cryptocurrency Shiba Inu (SHIB) is back in the spotlight as its large holder inflows surge by a staggering 206%, signaling renewed investor interest. Large holder inflows, which track the funds entering into whale addresses, have surged 206% this week, skyrocketing to 975.96 billion Shiba Inu in the last 24 hours, per IntoTheBlock data.

Shiba Inu (CRYPTO: SHIB) is gaining traction with rising burn rates rise and whale activity, prompting cautious optimism among traders remain about its ability to hold key support levels. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Shiba Inu (CRYPTO: SHIB) $0.00001423 $8.4 billion +3% -7.7% Dogecoin (CRYPTO: DOGE) $0.2081 $30.8 billion +0.7% -18.2% Pepe (CRYPTO: PEPE) $0.058107 $3.4 billion +3.5% -14% Trader Notes: The Crypto Basic reports that SHIB is hovering around its crucial support level at $0.0000147.

The Shiba Inu (SHIB) community has ramped up token burns, removing 13,938,285 SHIB from circulation in the past 24 hours, according to Shibburn. A single transaction accounted for 12,904,644 SHIB, fueling an impressive 531% spike in the burn rate.

Shiba Inu (SHIB) has been trading well below $0.000020 for the past month, experiencing a 30% decline in February. Its market cap now stands at $8.25 billion.

Bitcoin has dropped to its lowest point since 2025, breaking below a significant sideways channel and suggesting that there may be more downward pressure. Bitcoin is currently trading at $88,835, having dropped by almost 3% over the last day and broken through the crucial $92,000 support level.

Shiba Inu (SHIB) has been in the spotlight recently due to a remarkable surge in its token burn activity, which increased by a staggering 2532.14% over the past 24 hours. This surge is part of efforts to reduce the circulating supply of the cryptocurrency, which theoretically could drive its value upward due to scarcity.

Crypto market volatility continues as Shiba Inu price trades near a crucial support level. SHIB is hovering around $0.000013, mirroring the broader downturn.

Tuesday's crypto freefall escalated with Bitcoin, Solana, Shiba Inu all hitting quarterly lows.

Shiba Inu whale activity soars, hitting a three week high, but bearish sentiment persists.

After recording a bearish weekend, the bearish influence over the crypto markets escalated. With the huge drop in the S&P 500, the crypto markets also slashed, wiping out over $200 billion. The major tokens like Bitcoin, Ethereum, and Solana faced huge pullbacks, forming fresh bottoms.

Bulls remain weaker than bears today, according to CoinStats.

Dog-themed cryptocurrency Shiba Inu (SHIB) is at a decisive juncture, and a breakdown below a key support could lead to a major decline, potentially adding another zero to its price tag.

Shiba Inu may double in price, but FloppyPepe, an AI-powered meme coin, could see massive gains. #sponsoredcontent

According to on-chain data, 60% of Shiba Inu holders are currently losing money, which presents a harsh reality. Many investors were caught offguard by the meme coins' recent price decline, especially those who purchased during recent rallies in anticipation of another leg up.

According to the data shared publicly by the Shibburn blockchain tracker, over the past day, an important metric of the second largest meme coin, Shiba Inu, has soared to display a three-digit rise, with millions of SHIB coins disappearing forever.

The cryptocurrency market faced a sharp downturn over the past 24 hours, with Bitcoin (CRYPTO: BTC) dropping to a low of $87,115 before stabilizing at $88,850, marking a 7% decline. Ethereum (CRYPTO: ETH) saw an even steeper drop of 10%, trading at $2,420.

A move above $0.00001570 is crucial for bullish momentum for Shiba Inu, while $0.00001350 is an important support level.