An obstacle has been encountered in Bitcoin's ascent to the elusive $100,000 milestone, prompting traders and investors to wonder what is preventing the top cryptocurrency from reaching its full potential. Although Bitcoin has recently experienced bullish momentum that brought it near $100,000, the psychological barrier has not been broken.

Why Some of the Market's Favorite Altcoins Were Soaring Today

A wallet linked to the United States government has transferred over 54 billion Shiba Inu (SHIB) tokens to a newly created wallet. Popular blockchain analytics platform Arkham Intelligence indexed the transaction on December 3.

The U.S. government's latest crypto transfers include $18 million in ETH and $13 million in BUSD amid a market rally.

Despite price consolidation, Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) have maintained strong bullish momentum, buoyed by broader market recovery and community enthusiasm. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin (CRYPTO: DOGE) $0.4158 $61.1 billion +2.6% +3.7% Shiba Inu (CRYPTO: SHIB) $0.00003006 $17.7 billion +7.2% +18.7% Pepe (CRYPTO: PEPE) $0.00003006 $9 billion +9% +8.3% Trader Notes: Crypto trader Scofield highlighted a bullish chart pattern, saying everything is going as planned: $DOGE Update Going exactly as planned pic.twitter.com/BnsAIYlRmw — Scofield (@Crypto_Scofield) December 4, 2024 Technical analyst Kevin notes that in Dogecoin's previous cycle, after a major rally, the token consolidated for 24 days before surging to a macro golden pocket.

Bitcoin may consolidate in the near term while select altcoins continue to outperform.

The Shiba Inn (SHIB) price is looking perky in wake of an exciting new Shibarium upgrade, the could help power further development in layer-2 Ethereum scaling blockchain ecosystem. The post Shibarium Upgrade Sparks SHIB Rally – Can It Propel Shiba Inu to $1? appeared first on Cryptonews.

Pepe (CRYPTO: PEPE) saw a surge in trading activity following its listing announcement on Binance US, with analysts predicting further upward movement. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend 30-Day Trend Pepe (CRYPTO: PEPE) $0.00002031 $8.5 billion +4% +4.7% +152.4% Dogecoin (CRYPTO: DOGE) $0.4033 $59.3 billion +0.14% +1.1% +158.4% Shiba Inu (CRYPTO: SHIB) $0.00002928 $17.3 billion +5.7% +16.3% +76.1% Dogwifhat (CRYPTO: WIF) $3.13 $3.1 billion +1.9% +1% +57% Trader Notes: Crypto trader Davie Satoshi noted the bounce from key support levels as a positive sign, indicating bullish momentum may be on the horizon.

The USA Government has just carried out a transaction involving the cryptocurrency Shiba Inu for an amount of about 1.6 million dollars.

An unknown major investor recently withdrew over 80 billion Shiba Inu (SHIB) tokens from leading U.S. crypto exchange Coinbase. According to on-chain data from Arkham Intelligence, the previously empty wallet under the code "0xE0624" began actively transferring SHIB tokens from Coinbase today and managed to add $2.39 million worth of Shiba Inu to its holdings in 13 hours.

Dog-themed cryptocurrency Shiba Inu (SHIB) has experienced a significant price increase of 7% within the last 24 hours. Within this time frame, the volume of large transactions, which refers to those greater than $100,000, came in 10.43 trillion SHIB tokens, or $299.13 million, according to IntoTheBlock data.

Shiba Inu price has risen substantially at a time when meme coins are struggling amid altcoin rally. Here's why SHIB's upside will extend.

With Bitcoin ($BTC) heading back up once more, some of the altcoins are breaking out. That said, the memecoin niche is the one to watch.

Shiba Inu's lead developer, Shytoshi Kusama, has made the crypto community excited by spotlighting a new meme coin, SHIFU through his tweet post. This latest dog-themed coin is already gaining traction, particularly because of its ties to Shiba Inu's ecosystem, one of the most successful meme coins in the market.

Shiba Inu (SHIB) has been experiencing an impressive rally recently, witnessing a price surge of 72% in the past month. This significant uptick has been accompanied by a marked rise in activity across its network, with new wallets joining and an increase in address engagement.

Shiba Inu's network experienced a dramatic surge in early December 2024 with 7,600 new wallets and $857 million in peak transaction volume, followed by a steep decline to $176.94 million in volume and a return to normal activity levels.

Shiba Inu (SHIB) is capitalizing on the broad revival in the digital currency ecosystem to chart a bullish growth trend. After dropping as low as $0.00002713 over the past 24 hours, the token has managed to breach the $0.00003 price mark in an unexpected rebound push.

The crypto market cap hits a new all-time high (ATH) today, surpassing the $3.50 trillion landmark. The Altcoin Season Index by platforms including Blockchain Center and CoinMarketCap indicated the market has entered altcoin season, with confirmation from one of the top analysts Markus Thielen, CEO of 10x Research.

Shiba Inu price, a popular meme-based coin, has gained significant attention this month. With a 230% increase in value over the past year, SHIB has generated excitement among investors.

Data shared by the Shibburn tracker in a recently published tweet reveals that over the last day, the SHIB burn metric has skyrocketed to a high that has not been seen for a long while.

Shiba Inu lead developer Shytoshi Kusama captured noteworthy market attention on Wednesday, highlighting a new meme coin launch. Notably, the lead developer posted on the social media platform X, bringing attention to the new dog-themed coin SHIFU.

The U.S. government has once again moved significant amounts of cryptocurrency seized during legal battles involving FTX and Alameda Research. This latest development adds to the ongoing management of billions of dollars in digital assets confiscated from high-profile crypto collapses.

Shiba Inu gains momentum with a surge in network growth as new wallet addresses hit yearly highs.

On Tuesday, the U.S. government once again shifted some cryptocurrency holdings—this time, it was shiba inu (SHIB), the popular meme coin. Crypto Mystery: U.S. Marshals Service Wallet Hoards SHIB, ETH, and BUSD The government moved a staggering 54 billion SHIB on Dec. 3, a transfer flagged by Arkham Intelligence. Valued at $1.

As the Bitcoin price eyes a surge to $120,000, market excitement is spilling over to promising altcoins. Shiba Inu (SHIB) stands to benefit significantly from this bullish market momentum as investors set optimistic targets on the altcoin.

Shiba Inu (SHIB) price continues to show high volatility amid mixed technical signals. With a 19.01% gain in the past seven days, SHIB maintains its position as the second-largest meme coin by market cap, trailing only Dogecoin (DOGE).

Shiba Inu recorded a massive 4.23 billion SHIB burn in the past week, reducing its circulating supply significantly. Paired with a 70% monthly price surge, bullish momentum builds as whales accumulate billions in tokens.

Shiba Inu price has retreated for two consecutive days, even as the burn rate jumped by over 3,400%. Shiba Inu (SHIB), the second-largest meme coin, retreated to $0.00002765, down by 16.2% from its highest level this month.

The official X account of the layer-2 blockchain Shibarium @ShibariumNet spreads the word about launching major upgrades for the Shibarium mainnet.

Coinbase Institutional announced it is adding five new cryptocurrencies to the Coinbase 50 Index (COIN50), suggesting these are promising investments. The index counts with a “robust methodology” to diversify with a “rigorous fundamental and eligibility screening,” as Coinbase describes it.

Due to on-chain data showing a possible influx of 33.7 trillion SHIB in the next 24 hours, Shiba Inu is getting ready for volatility. The price performance of the token and the general dynamics of the market may be significantly impacted by this enormous activity.

The latest SHIB burn data has once again ignited a tidal wave of optimism surrounding the renowned dog-themed meme crypto, Shiba Inu. Notably, the meme coin's supply continues to take a blow, as indicated by a nearly 3,400% upsurge in the burn rate on Tuesday.

Shiba Inu's (CRYPTO: SHIB) 72% monthly gain and its active coin-burning mechanism continue to fuel optimism among traders. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Shiba Inu (CRYPTO: SHIB) $0.00002905 $17.1 Billion +1.6% +21% Dogecoin (CRYPTO: DOGE) $0.4164 $61.2 Billion +1.7% +10.2% Pepe (CRYPTO: PEPE) $0.00002025 $8.5 Billion +1.1% +12% Trader Notes: Crypto trader Bluntz Capital expects meme coin enthusiasm to reignite retail interest in projects like Dogecoin, Shiba Inu and Floki.

The popular meme coin Shiba Inu has been showing strong growth, rising by over 21% in just a week and 73% since November. As the crypto market rallies this December, SHIB looks ready for even more growth.

In the ever-evolving crypto landscape, Chainlink (LINK) and Shiba Inu (SHIB) represent two significant approaches.

Shiba Inu (SHIB) records 13% daily gain reaching $0.00003061, posts 109% three-month growth, while analyst projects potential 179% increase to $0.000081 amid ecosystem developments.

Shiba Inu (SHIB) has displayed significant performance over the past few weeks. Trading at $0.00001712 early in November, the meme token soared 93% to $0.000033159 on late 1 December. The robust uptrend saw the frog-themed cryptocurrencies exploring price levels not seen over the past eight months.

​​As the bullish momentum grips the cryptocurrency market, the Shiba Inu price is showing strong signs of upward movement. The popular meme coin recently surged by 20%, reaching new price highs and fueling investor optimism.

Data shared by the popular blockchain wallet tracker Shibburn has revealed that an anonymous whale has burned a mammoth-sized amount of Shiba Inu meme coins in just a single transaction.

XRP is still at the top of the cryptocurrency market, up 20% in just one day, reaching $2.44. As of right now, its market capitalization is $132 billion, making it the fourth-largest cryptocurrency in terms of market value.

Shiba Inu (SHIB) is stirring up excitement again. The meme-based cryptocurrency has seen bullish momentum lately, grabbing the attention of investors and analysts alike.

Shytoshi Kusama, the face of Shiba Inus decentralized movement, has vowed to thwart challenges facing SHIB DAO. His pledge to defend the ecosystem and empower SHIB holders reflects the teams readiness for decisive actions against threats.

Shiba Inu (CRYPTO: SHIB) is down 9%, despite a soaring burn rate and increasing transaction volumes fueling optimism for its long-term trajectory. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Shiba Inu (CRYPTO: SHIB) $0.00002889 $17 Billion -9.5% +13.2% Dogecoin (CRYPTO: DOGE) $0.4177 $61.4 Billion -3.2% +3.2% Pepe (CRYPTO: PEPE) $0.00001993 $8.4 Billion -10.9% +4.3% Trader Notes: InvestingHaven predicts SHIB could climb to $0.

Is SHIB preparing for a new all-time high soon?

Shiba Inu's burn rate surged over 7000% last week while its price action turned bullish.

Shiba Inu has experienced a significant uptrend since September, pushing its price to multi-month highs. This rise allowed SHIB to capitalize on the bullish market sentiment and record a 24% gain over the past 24 hours.

Popular dog-themed meme coin Shiba Inu is currently riding the bullish wave, attracting notable gains following the renewed momentum of the general crypto market. This recent uptrend of Shiba Inu has fueled robust optimism within the community about its potential for a significant rally in the upcoming weeks.