The SHIB burn rate has demonstrated an astounding surge, reaching a seven-digit figure since last morning. Still, the amount of meme coins that got burned is not a mind-blowing one, despite the high growth figure.

The weekend's drop continues on the cryptocurrency market, according to CoinStats.

Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) are down 5% and 2% respectively as traders cling on to strong fundamental data to deliver a turnaround in the medium term. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin (CRYPTO: DOGE) $0.1526 $21.6 billion -5.3% -10.7% Shiba Inu (CRYPTO: SHIB) $0.00001128 $6.65 billion -2.2% -6.9% Pepe (CRYPTO: PEPE) $0.056447 $2.7 billion -4.4% -8% Trader Notes: Trader Tardigrade encouraged resilience, saying, "The harder the battle, the sweeter the victory," as Dogecoin retests a key support level from its previous consolidation zone.

The price of the meme coin tanked to its lowest mark in over a year.

Shiba Inu (SHIB) is currently trading at approximately $0.00001210, down 1.94% in the past 24 hours. The popular meme coin remains under pressure, hovering near a critical support level at $0.000011.

Shiba Inu price has plunged alongside the broader crypto market, with a staggering 10% decline in the last 24 hours. The recent downturn has pushed SHIB to its lowest level since February 2024, despite heightened activity on Shibarium after transactions rose to 1 billion.

During the most recent market downturn, Shiba Inu has suffered greatly, and the data presents a depressing picture: only 5% of SHIB holders are currently making money. Investor sentiment is rapidly deteriorating as the meme coin trades around $0.0000107, and the charts do not provide much short-term respite.

The crypto market has crashed, leading to a $1.5 trillion wipeout, with the total market cap of all coins plunging to $2.37 trillion. Bitcoin dived to $75,000, while Ethereum plunged to $1,445.

More depreciation for SHIB. Maybe, but it might not be all bad news for traders.

Amid ongoing market uncertainty, Shiba Inu continues to inspire confidence in its community. Lucie, a prominent team member, recently shared an uplifting message on social media, urging the SHIB army to remain focused on the projects ambitious roadmap.

After months of steep decline, Shiba Inu flipped green, with a 5.5% gain in the past week. This rising trend has pushed its price above the $0.000013 mark. However, uncertainty tempers the recent excitement.

Though technical and macroeconomic pressures are starting to build, Bitcoin has been maintaining key levels. After several unsuccessful attempts to break above the 200 EMA, which is located around $85,344, Bitcoin is currently exhibiting signs of weakness at $82,870.

Amid the current market uncertainty, Shiba Inu team member Lucie has stepped forward to remind the community of the exciting road ahead.

Despite market uncertainty as memecoin's struggle, Shiba Inu long-term holders remain optimistic.

The SHIB burn rate has plummeted sharply, according to Shibburn, a platform tracking Shiba Inu (SHIB) token burns on Etherscan. Over the past 24 hours, SHIB burn volume fell by 42.07%, with only 21.6 million SHIB transferred to dead wallets and permanently removed from circulation.

Shiba Inu (SHIB) has shown resilience amid ongoing market volatility in Q1. Despite challenges in maintaining key support levels, SHIB surged 2.45% in the last 24 hours, trading at $0.00001233.

Shibarium, the Ethereum-based Layer-2 scaling solution within the Shiba Inu ecosystem, has surpassed 10 million blocks and is quickly approaching the 10.5 million mark. With a current count of 10,306,430 blocks, and adding one block every five seconds, Shibarium is on track to reach the milestone before April ends.

Behind the overwhelming losses of SHIB wallets, the infrastructure still roars. Between discouragement and rumors of resurgence, the ecosystem slowly burns, ready to reignite the speculative flames.

Coincodex, a Machine Learning (ML) algorithm, has shared a bullish prediction for the Shiba Inu price in April. Despite being in a prolonged downtrend, CoinCodex boldly forecasts that Shiba Inu can rise by over 96.54% in a few days.

Data shared by the public Shibburn blockchain tracking platform, which traces SHIB burn transactions on Etherscan, and then accumulates that data on its website, has reported that the level of daily SHIB burns has shown a major plummet.

Expectations for Bitcoin and the broader altcoin market are largely bullish from market players, as Q2 has historically been bullish for most cryptocurrencies.

Shiba Inu was one of the early meme coins that made a name for itself in the dog meme coin category. Since then, it has amassed a loyal set of hodlers.

Analysts are signaling a hidden bullish divergence opportunity as SHIB's dev team drops a crucial update on Shibarium L3.

According to IntoTheBlock data, a significant 82.96% of SHIB addresses are “out of the money,” meaning the current token price is below the average price at which those addresses acquired their holdings. Only 14.97% of addresses are currently profitable.

Shiba Inu (SHIB) has been experiencing price fluctuations and has found it difficult to sustain major support amid a market rout in Q1. Despite the volatility, 31.83 trillion SHIB are "in the money.

Shibarium, the Ethereum-based Layer-2 scaling solution tied to the Shiba Inu ecosystem, has scaled past the 10,000 000 block milestone and looks set to attain another. Less than 30 days after setting the record of 10,000,000 blocks, Shibarium is set to add another half a million blocks.

Shiba Inu price may be on the verge of a massive 550% rally according to a top market analyst. This bullish SHIB price prediction comes after the meme coin formed a bullish triangle chart pattern, which signals a bullish breakout.

Is a memecoin supercycle more probable than a traditional altcoin season?

Shiba Inu (SHIB) is showing early signs of a potential recovery after an extended downtrend. The meme coin is holding above the critical $0.00001200 support level, a historically strong accumulation zone.

The market is becoming more bearish, and Solana is close to a pivotal psychological level. The asset looks perilously close to dropping below the $100 mark, which has not been reached in several months, with prices currently circling $120.

Leading on-chain metrics and price prediction firm CoinCodex has published a bullish forecast for Shiba Inu (SHIB) in April 2025. According to their machine learning algorithm, the popular meme coin could experience a notable price surge in the coming days.

Despite strong token burns, Shiba Inu (CRYPTO: SHIB) is down 10% over past seven days. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Shiba Inu (CRYPTO: SHIB) $0.00001222 $7.2 billion +0.8% -8.1% Dogecoin (CRYPTO: DOGE) $0.1672 $24.9 billion +6.2% -6.7% Pepe (CRYPTO: PEPE) $0.057041 $2.96 billion +7.7% -8.5% Trader Notes: Crypto trader Bicoinmoney highlighted in an analysis on TradingView that SHIB is trading inside a descending channel, capped by a major downward trendline.

Shiba Inu's layer-2 network, Shibarium, has officially crossed one billion total transactions, a significant achievement for the ongoing push to expand beyond meme coin status. Shibarium's growth stems from steady activity and the adoption of the layer-2 network within the broader Shiba Inu ecosystem.

Dog-themed cryptocurrency Shiba Inu has seen 8.9 trillion SHIB in total futures open interest, amounting to about $110 million. SHIB open interest refers to the total number of outstanding contracts for Shiba Inu that have yet to be settled.

Shiba Inu price might be on the verge of a bullish reversal after Shibarium announced a flurry of updates seeking to bolster network activity and increase the SHIB burn rate. In this article, we explore how high SHIB can rally if these updates remove more than 100 trillion tokens from the circulating supply.

The Shibarium blockchain has announced the completion of 1 billion transactions. The Layer2 blockchain for the Shiba Inu ecosystem reached the milestone just 18 months after its launch.

Shiba Inu (SHIB) continues its aggressive token burn strategy, eliminating over 15 million SHIB from circulation today despite a broader crypto market slump. According to data from Shibburn, a total of 15,239,220.91 SHIB was sent to dead wallets, pushing the all-time total burned to 819 million SHIB.

Shiba Inu (SHIB) has plunged 15.56% over the past 24 hours, struggling under intense bearish pressure in the broader crypto market. The meme coin, known for its dog-themed branding, faces the risk of losing another decimal place if the downtrend continues.

This week, we examine Ethereum, Ripple, Cardano, Solana, and Shiba Inu in greater detail. Ethereum (ETH) Ethereum and most of the market closed March in red and April opened with a tariff war which crashed prices this week.

On-chain data shows conviction remains strong among the Shiba Inu long-term holders as they still control a decent majority of the supply.

Amid the ongoing crypto market bloodbath, the Shiba Inu (SHIB) community has continued its token burn strategy, with the team revealing the latest burn activity involving 15,239,220.91 SHIB being removed from circulation.

Shiba Inu price is on a strong bearish trend, with price indicators recording losses in all time frames. The highly popular meme token now threatens to add an additional zero to its value if the current bear run continues for much longer.

Shiba Inu (SHIB -3.79%) is plunging on Thursday. The cryptocurrency lost 4% as of 1:30 p.m.

Dogecoin, Shiba Inu, and PEPE have all crashed today, sparking a bearish sentiment for the foremost meme coins. This price crash occurred following Donald Trump's tariff announcement, which led to a wave of sell-offs in the crypto market.

Shiba Inu price continued its downward trend and neared a crucial support level even after Shibarium crossed a major milestone. Shiba Inu (SHIB), the second-biggest meme coin, dropped to $0.

Shiba Inu (SHIB) has lost 15.56% of its value amid bearish pressure on the cryptocurrency market. The dog-themed meme coin risks adding another zero to its value if the downturn lingers for long.

Despite SHIB's price decline, certain cohort of holders have demonstrated resilience and long-term belief in the asset.