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 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.
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.
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.
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.
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.
Athens Exchange Group, Greece's national stock exchange, has finalized the design of its zero-knowledge powered fundraising platform set to go live on the Sui blockchain. Sui Foundation announced the development in a blog post on April 16, noting the partnership between Athens Exchange Group and Mysten Labs.
Greek exchange Athens Exchange Group has moved closer to adopting a Sui-based order book following its collaboration with Mysten Labs.
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.
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.
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.
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.
SHIB could decline by 30% if it fails to break above the upper boundary of the descending channel pattern.
Digital currencies traded in the red on Wednesday as Bitcoin failed to hold above the key region of $85,000. Amidst the uncertainty, layer1 blockchain Sui Network attained a crucial milestone in its DeFi journey.
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.
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.
Shiba Inu's badge of honor: Shibarium wants to reward users for participating in Web3 activities via Karma points.
TL;DR Sui will integrate Babylon's Bitcoin staking protocol and operate as a Bitcoin Secured Network in Phase 3 of the expansion plan. The integration allows BTC staking without bridges or custodians. Babylon will apply its protocol over Sui's Mysticeti consensus, reinforcing its modular, multi-network approach to Proof-of-Stake.
Fartcoin (CRYPTO: FARTCOIN) continues to surge, with a 57% over the past week and traders anticipating the rebound rally to last. What Happened: Crypto trader CRG points out that Fartcoin has now tested its yearly open six times without a decisive breakout.
Shiba Inu (SHIB) has registered large transactions in the ecosystem, recording a leap of 173% within the last 24 hours. According to IntoTheBlock data, SHIB has recorded increased transactions as whale traders move SHIB amid the dynamic market trend.
Dog-themed cryptocurrency Shiba Inu (SHIB) has just seen a surge in large holder inflows in the last 24 hours, according to data from IntoTheBlock.
Sui (SUI) has gone down by 4% today to $2.20 per coin as the market has been choppy since the week started. Trading volumes have subsided by 16% as traders stay on the sidelines while prices consolidate.
Bears are back as most of the coins are in the red zone, according to CoinStats.
Shiba Inu developers are ushering in a new phase with the launch of Karma, a trust-scoring system designed to evaluate user activity across its decentralized ecosystem. Shadowhunter, one of the projects developers, recently appeared on a podcast to discuss the new system, highlighting its pivotal role in the Shiba Inu DAO and broader dApp landscape.
Shiba Inu price has failed to register significant gains in the last two months, which has caused a decline in the number of daily active addresses to a one-year low. This drop shows that the level of market interest in SHIB is waning.
Shiba Inu's Layer-2 blockchain, Shibarium, has officially surpassed 1 billion transactions, marking a significant achievement for the ecosystem. This milestone comes 18 months after the platform's launch, underscoring its rapid adoption and growing role in the crypto space.
Shiba Inu price remained in a tight range at a crucial support level as the token's burn rate gained momentum. Shiba Inu (SHIB) was trading at $0.00001192 on Tuesday, where it has been for the past few days.
The Shiba Inu protocol has seen a major bump in its deflationary metric, the burn rate. According to data from Shibburn, this metric has jumped by 2,063% in 24 hours, with more than 20 million SHIB sent to dead wallets.
Dogecoin, Shiba Inu, and the broader meme coin sector are seeing selloffs while investor sentiment in leading cryptocurrencies seems to be back.
With market observers anticipating another test of the psychologically and technically significant $0.00001 level, Shiba Inu is once again approaching a critical price juncture. Since early February, the meme-inspired token has been trapped in a persistent downward trend, and current price action indicates that SHIB holders may be in for more suffering.
Shiba Inu's 2000% burn rate surge failed to lift prices, as traders debate whether technical patterns signal an imminent rally or 50% crash ahead.
During a recent podcast appearance, Shadowhunter, a Shiba Inu developer, explained that karma will be very important for the ecosystem, including the project's decentralized autonomous organization (DAO).
The Shiba Inu burn rate once again shot up by a staggering 2000% on Tuesday, reverberating market optimism surrounding its future price movements. Recent burn metrics revealed that over 20 million SHIB tokens were removed from the asset's circulating supply in just a day.
The Shiba Inu price chart is sending bearish long-term signals, including that a 50% price crash could be just around the corner. The post Shiba Inu (SHIB) Price Prediction – 50% Crash Coming? appeared first on Cryptonews.
More than 19 million Shiba Inu (CRYPTO: SHIB) tokens were kicked out of circulation Monday, applying additional deflationary pressure on the popular dog-themed meme coin. What happened: The burn rate exploded 1734% over the last 24 hours, resulting in a supply squeeze of 19.16 million SHIB tokens, according to Shibburn, the coin's official burn tracker.
Shiba Inu (SHIB), the popular dog-themed meme coin, saw a massive drop in its burn rate over the last 24 hours. According to data from Shibburn, just 964,247 SHIB tokens were destroyedmarking a sharp 95% decrease and one of the lowest daily burn volumes recorded in recent history.
Shiba Inu (SHIB -0.18%) has had a wild ride so far in 2025, with billions of dollars wiped off its market cap. It's been a punishing blow to existing investors in the cryptocurrency.
Shiba Inu is on the cusp of breaking into major resistance territory while community devs collaborate on innovation.
Sui is gearing up for major infrastructure upgrades that could make it 100x faster. And with Walrus possibly powering that growth, a new DePIN era may just be getting started.
Shiba Inu price risks a massive drop as a decline in the number of daily active addresses indicates waning network activity. This decline often suggests reduced investor confidence in the meme coin, which may trigger selling activity.
Dog-themed cryptocurrency Shiba Inu saw significantly low burns in the last 24 hours, raising eyebrows on the market. According to data from Shibburn, only 964,247 SHIB tokens were burned in the last 24 hours, a 95% drop in the daily burn rate.
The prospect of Shiba Inu (SHIB) attaining the highly anticipated $1 mark has captured the imaginations of many in the cryptosphere.
While global economies remain very uncertain going forward, the crypto market is beginning to coil up, and the U.S. stock market allowing, we could see a substantial surge into the Summer. Solana (SOL), Binance Coin (BNB), and Sui (SUI) are well placed to lead this resurgence.
After weeks of silence, SHIB is showing signs of a breakout. It's climbing above key levels, and the charts are hinting at a bigger move.
Shiba Inu is trending once more, but not due to a spike in price. On-chain data, however, is showing some whale activity that could change the game.
Shiba Inu (SHIB) remains under bearish pressure despite a slight price rebound to $0.0000123, raising concerns it could add another zero to its valuation. While the recent climb offers temporary relief, it lacks the momentum for a sustainable uptrend.