Crypto analyst The Cryptagon has provided a bullish outlook for the Shiba Inu price. The analyst revealed that the meme coin is ready to bounce off an ascending triangle, which could send its price to its current all-time high (ATH) and possibly surpass it.
Shiba Inu just hit 1.5 million on-chain holders, while the 7-day SHIB burn rate is sizzling 10% gains since last week.
The meme coin market is slowly bottoming, with top meme coins showing the best returns for traders. What Happened: According to on-chain analytics from Into The Block, the meme coin market cap has returned to Q3 2024 levels, which were the lowest since early 2024 levels.
LUCIE, Shiba Inu's lead marketing strategist, has contacted Elon Musk to highlight the ecosystem's transformation over the past four years.
Meme coins are making waves again, with Pepe (CRYPTO: PEPE), Fartcoin (CRYPTO: FARTCOIN), and Bonk (CRYPTO: BONK) surging in value over the past week. Despite uncertainty in broader markets, these coins have defied the trend, attracting increased trading volume and investor interest.
Shiba Inu (SHIB), the prominent Ethereum-based memecoin, is facing market volatility on Wednesday, March 19, 2025. Amid broader cryptocurrency uncertainty, traders are monitoring several critical indicators including institutional investor movements, token destruction rates, and key price thresholds.
Shiba Inu (SHIB) might be one of the most recognizable meme coins — but it has been largely overshadowed in recent months. En masse, traders have turned either to Dogecoin (DOGE) the original meme coin, or other new projects emerging on the Solana (SOL) blockchain.
Data shared by prominent blockchain tracker Etherscan has revealed that over the past few hours, almost 30 billion Shiba Inu meme coins have been transferred, including transactions between anonymous cryptocurrency wallets.
Dog-themed cryptocurrency Shiba Inu (SHIB) has marked a significant achievement, surpassing 1.5 million holders, according to data from Etherscan. The latest count shows that SHIB has 1,500,742 holders, marking a major milestone for the dog coin.
Most crypto market tokens experience continuing price declines while showing few signs of recovery. The Federal Reserve head Jerome Powell is under intense market observation regarding his upcoming decisions.
Shiba Inu (SHIB) price remains in a bear market this week, mirroring the performance of other crypto coins. It has lost 62% of its value from its November highs, making it a bargain coin with huge potential.
Shibarium has pressed the gas pedal again after recording lower-than-usual activity in the past month.
A notable rise in large-holder inflows into Shiba Inu suggests that market dynamics may be changing. New on-chain data shows that whale inflows have increased by an incredible 365% in the last seven days, suggesting that major investors are once again interested.
Shiba Inu (SHIB), the second-largest meme coin by market cap, is facing a 42% drop in its burn rate, according to Shibburn data. In the last 24 hours, only 9,700,878 SHIB were burned, bringing the total burnt from the initial supply to 410.7 trillion tokens.
After being trapped in a falling trend in the past two months, Shiba Inu (SHIB), the largest dog-themed memecoin on the Ethereum (ETH) network, has possibly reached its correction bottom. The mid-cap memecoin, with a fully diluted valuation of about $7.
Shiba Inu (SHIB) has been on a downward trend in recent weeks, with its price dropping by over 34% since February. This latest movement has drawn some attention amongst investors, mainly because the token is approaching a support level.
An uninspired, fairly directionless cryptocurrency market was draining value from a wide range of altcoins on Tuesday. This wasn't quite a rout, but still, the general gloom hanging over various types of investments shaved the prices of quite a few of the less popular cryptos.
Amid the ongoing price decline, Shiba Inu (SHIB), the popular and second-largest meme coin, has seen a rise in its token burn rate and is now gaining significant attention from crypto enthusiasts.
The impact of large holder exits on Shiba Inu's market value dates back to early 2022, Glassnode study revealed.
Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) are struggling despite positive on-chain metrics and technical buy signals. While SHIB's burn rate is soaring and DOGE whales are accumulating, broader market sentiment remains cautious.
The last few days on the cryptocurrency market have not been as prosperous for crypto enthusiasts as is commonly believed. Let's face it, the last few weeks have been pretty tough, full of pain, controversy, doubt and, of course, fear and greed.
The bounce back might have finished, according to CoinStats.
Dogecoin (DOGE) and Shiba Inu (SHIB), the two largest meme cryptocurrencies (dog-coins) by market capitalization, are both in worst performer list today. Meanwhile, once-leading meme coins like Floki (FLOKI), Dogwifhat (WIF) or Murad's pick SPX6900 (SPX), are losing steam in the top 100.
With recent price action indicating that bearish momentum may intensify, Shiba Inu is at a level it cannot breakthrough. Concerns that SHIB may be on the verge of another decline have been confirmed by the token's inability to rise above the 26-day Exponential Moving Average.
Shiba Inu's layer-2 blockchain, Shibarium, has been active and continues to register significant growth in the Ethereum ecosystem. The L2 protocol is now on the verge of hitting a major milestone in the number of blocks mined.
Dog-themed cryptocurrency Shiba Inu (SHIB) is at a crucial turning point as it faces a major supply test that could determine its next big price move. Ahead of Shiba Inu is a significant price range where 549 trillion SHIB are currently held, and a breakout past this level could trigger a 50% rally, making this a critical time for SHIB holders and traders.
Ethereum cofounder Vitalik Buterin recently got rid of a bunch of meme coins, selling a mix of lesser-known and fake tokens. According to data from OnChain Lens, Buterin made 315,382 DAI and sold a bunch of meme tokens, converting them into a total of 71.69 ETH, which is about $136,684.
The downward trend is even more pronounced when analyzing historical data.
Shiba Inu (SHIB) price has gained significant attention amid market volatility. With the potential for a 500% surge before April, the meme coin future remains uncertain.
The world of cryptocurrencies continues to be characterized by strong volatility, and the price of Shiba Inu (SHIB) is no exception.
SHIB whales have been exerting significant selling pressure on the memecoin.
Shiba Inu (SHIB) is at a pivotal moment as it tests its 26-day Exponential Moving Average (EMA), a key resistance level that could determine its short-term trajectory. After a prolonged downtrend, SHIB has managed a recovery, inching toward this crucial barrier.
As it tests its 26-day Exponential Moving Average, Shiba Inu is currently encountering a significant technical obstacle. The asset's near-term trajectory will probably be determined by the outcome of this level, which has historically served as a significant resistance point.
The 6-hour chart illuminated that SHIB was trading under a local resistance at $0.0000138, a level that rebuffed the bulls on the 16th of March.
Shiba Inu price has been facing a downturn over the past few months, dropping nearly 63% since December 2024. Despite this, a key metric has shown positive signs that may help the meme coin recover.
Prominent crypto chart analyst Ali Martinez has shared insights into his trading strategy, demonstrating how disciplined execution and risk-reward balance have helped him generate significant profits despite occasional setbacks. What Happened: In an X post on Monday, Martinez emphasized that losses are an unavoidable part of trading but managing them effectively ensures that winning trades outweigh the losses over time.
Shiba Inu is gaining momentum as its price breaks above the critical 100-day moving average, a sign that bullish sentiment may be strengthening. This breakout marks an important shift in SHIB's market structure.
A prominent Wall Street expert has weighed in on Shiba Inu (SHIB) reaching $0.01, noting that with its current price at $0.000012, such a surge would require an 85,800% increase, a challenge despite ongoing token burns. Meanwhile, crypto whales are doubling down on Mutuum Finance (MUTM), currently in its presale at $0.
A recent report published by the on-chain data aggregator CryptoQuant shows that the second largest meme cryptocurrency, Shiba Inu (SHIB), has faced a massive decline in one of its key metrics – the SHIB reserve stored on crypto exchanges.
"I'm sure he will have a lot to talk about once he returns to socials," LUCIE stated.
Despite being incredibly diverse and varied, the cryptocurrency market often tends to end up in a ‘winner takes all' scenario.
As fresh data points to a sharp drop in whale activity, Shiba Inu is still having trouble on the market. Large-holder inflows have decreased by an astounding 85% in the last week, according to the most recent on-chain metrics, indicating a precipitous drop in investor confidence.
Shiba Inu (SHIB) burn rate shot up 50,000% in the past day with a massive 13 million tokens being removed from the circulating supply.
Shiba Inu (SHIB) has been on a downtrend because of a bearish sentiment in the broader crypto market. However, analysts are bullish that Shiba Inu price could be on the verge of a breakout that could lead to 2x or 3x gains.
Shibburn blockchain data aggregator spreads the word about a massive five-digit increase in the burn rate over the past day.
Shiba Inu burn rate once again propelled significant investor optimism by gaining over 1500% on Monday. The latest burn metrics signaled that roughly 13 million coins were ditched from the crypto's circulating supply intraday.
The burn rate of Shiba Inu (CRYPTO: SHIB) has skyrocketed by over 62,000%, resulting in the removal of 505 million SHIB tokens from circulation within a single day. What Happened: The burn rate of Shiba Inu surged by an astounding 62,000%, leading to the permanent removal of 505.6 million SHIB from circulation.