Shytoshi Kusama, known in the crypto space as a leading voice in the ecosystem around the Shiba Inu (SHIB) token, made a number of high-profile comments on social network X. The comments touched on both the entire cryptocurrency market and the popular meme-inspired Shiba Inu token in particular.

As Bitcoin momentarily approaches the $100k milestone, the Litecoin rally is heading to challenge the $100 mark. Crossing over the $90 mark, a post-retest reversal plans for a bull run ahead in the LTC price trend.

Technical analysis reveals a bull pennant formation in Shiba Inu's price action, suggesting potential for a 53% rally to $0.000037 if the $0.000025 resistance level is breached.

Analyst and trader Ali Martinez is leaning bullish on one large-cap crypto asset while offering his insight on Bitcoin (BTC) and two altcoins.

Crypto whales acquired 1.67 trillion SHIB tokens from the exchanges in the past 24 hours.

An analyst has explained how Shiba Inu could kickstart a new rally to this price target if it can break through the $0.000025 resistance level. Shiba Inu Is Currently Trying To Break Past The $0.000025 Resistance In a new post on X, analyst Ali Martinez has discussed a pattern that has been forming in the SHIB price recently.

Assessing if LTC has enough firepower to break through its immediate resistance amid strong bullish sentiment in the market.

Shiba Inus supply took a significant hit on November 21, as its burn rate rose 2225% with 14.58 million tokens destroyed. Despite a 2% price decline, market sentiment stays bullish amid monthly gains and favorable on-chain trends.

Is Shiba Inu's bull flag formation a sign of market confidence or just a temporary spike?

The triangle pattern formation that Shiba Inu is currently showing on its daily chart may pave the way for noteworthy price action. In the case of SHIB, triangle patterns frequently signal a period of consolidation prior to a clear market move, which may provide the groundwork for a robust upward rally.

The GMMEME index, which tracks key memecoins such as PEPE, SHIB and DOGE, has surged over 90% in November.

Shiba Inu (SHIB) price has experienced a significant surge this November, riding the wave of a bullish cryptocurrency market trend. The meme coin has demonstrated robust upward momentum, signaling strong potential for continued growth heading into 2024.

Story Highlights Litecoin price soared ~7% in 24 hours, reclaims the $90 mark. Technical indicators record a positive price action, highlighting further uptrend. Sustained bullish sentiment could push the altcoin to $100 this weekend. The Litecoin price has experienced a strong bullish recovery after recorded a bearish price action this week.

Shytoshi Kusama, the pseudonymous lead developer of Shiba Inu, has laid out a strategic plan focused on driving mainstream adoption and enticing centralized exchange (CEX) support for Shibarium, Shiba Inu's Ethereum Layer-2 solution.

With Bitcoin (BTC) reaching new highs this week, altcoins have also drawn increased attention, notably with price momentum in meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB).

Shiba Inu (SHIB) is forming s a bull flag, signaling a move to $0.000037 if SHIB can break past the $0.000025 resistance, as just reported by Ali Martinez, a prominent crypto analyst who is considered a technical analysis expert.

Some coins keep setting new local peaks, while others have come back to the red zone, according to CoinStats.

Analyst predicts a major breakout for Shiba Inu, with a potential 60% price increase if the cryptocurrency can break through the $0.000025 resistance level.

The coin powering The Open Network, Toncoin ($TON), could soon overtake both its direct competitor, Avalanche ($AVAX), and the second biggest meme coin by market cap, Shiba Inu ($SHIB), according to the latest figures. Toncoin has barely moved at all in the last 24 hours, and still trades for around $5.42.

Check out the latest alert issued by Shibarium Trustwatch.

Shiba Inu (CRYPTO: SHIB) is gaining bullish momentum as traders eye a potential breakout off the back of Bitcoin hitting a new all-time high. What Happened: Shiba Inu's burn rate has increased by 209%, with 11.6 million SHIB removed from the ecosystem in the past 24 hours, according to Shibburn data.

Litecoin (LTC) has just formed a golden cross on its daily charts, igniting fresh interest in the cryptocurrency community, given Bitcoin's rise to new all-time highs.

Litecoin maintains position above $80 support while facing multiple resistance levels up to $88, with technical indicators suggesting a decisive move pending as price consolidates within this range.

Litecoin revealed in a lengthy X post that it had no affiliation with the recently launched memecoin on Solana's Pump.fun, Lester. Litecoin's post outlined how a group of individuals took the Litecoin mascot, Lester, created by X meme creator Greg, to popularize the memecoin.

Litecoin price is consolidating above the $80.00 level against the US Dollar. LTC could start a fresh increase if it clears the $88.00 resistance zone.

By 2024, the cryptocurrency market has seen the rise of a fully developed meme coin sector. Known for their high volatility, these assets offer the potential for massive returns — but they come with equally high risks.

The Litecoin network is flourishing, with its hashrate approaching new all-time highs. Now at 1.7 PH/s, Litecoin's hashrate has consistently grown since the start of the year.

As the year 2024 is coming to an end, an overview of the best-performing tokens is a must. Prepare for 2025, or re-evaluate your 2024, here is your chance!

Litecoin (LTC) has registered unusual activity on the Binance exchange. Whale Alert on X, the renowned blockchain transaction tracker, spotted the movement of 407,510 LTC valued at approximately $35.4 million.

65% of Litecoin holders or 5.23 million addresses are currently in profit.

Popular meme-inspired cryptocurrency Shiba Inu (SHIB) continues to dominate the news headlines, this time due to the wild imbalance of liquidations that emerged over the past 24 hours. Thus, according to data from CoinGlass, over the past 24 hours, the volume of liquidations with Shiba Inu token futures amounted to $2.65 million.

The cryptocurrency industry is bracing for a potential surge in exchange-traded funds (ETFs) after Donald Trump's election win, signaling what experts believe could be a transformative era for digital assets in the U.S. What Happened: Market participants are hopeful that a pro-crypto Trump administration will end regulatory gridlock and usher in broader approval for innovative crypto-based financial products, according to a Financial Times report. The Securities and Exchange Commission's (SEC) recent approval of spot Bitcoin and Ethereum ETFs marked a significant milestone after years of regulatory pushback.

Shiba Inu (SHIB) has recently caught the attention of the crypto community, with its marketing lead, Lucie, expressing confidence in the token's current position and predicting a potential price surge to $0.00006861. Despite some recent price fluctuations, Lucie reassured the community that Shiba Inu is “doing just fine,” and the team is optimistic about its future performance.

Shiba Inu (SHIB) price has experienced a remarkable 65% surge in the past week, attracting significant attention from both retail and institutional investors. However, following this rally, SHIB has seen a sharp pullback, bringing it to a critical support level at $0.00002411.

Shiba Inu price moved into a bear market, falling by over 20% from its highest level this week as the recent crypto bull run faded. Shiba Inu (SHIB), the second-biggest meme coin in crypto, was trading at $0.

Shiba Inu (SHIB) price, a popular meme-based cryptocurrency, has surged by an impressive 27% over the past week. This rally reflects growing investor optimism, fueled by encouraging market trends and robust signals of further gains.

LESTER was recently launched on the Pump.fun platform, following a humorous declaration by Litecoin.

After a two-week uptrend, Shiba Inu has hit a roadblock, dropping 7.77% to $0.0000237 in the past 24 hours.

Popular meme-inspired cryptocurrency Shiba Inu (SHIB) has seen a truly anomalous rise in one of the key on-chain metrics in the past 24 hours. Thus, according to IntoTheBlock, the cryptocurrency's net flow into the wallets of those who hold at least 0.1% of the circulating supply of Shiba Inu rose 1.559% in 24 hours, going from 44.45 billion SHIB to 693 billion SHIB.

Shiba Inu (CRYPTO: SHIB) has cooled off 6% on Friday after its recent rally, but growing optimism stems from rising burn rates and favorable technical analysis. What Happened: Shiba Inu's burn rate soared 114.5% in the past 24 hours after burning 16.2 million tokens in a single transaction, according to Shibburn.

Shiba Inu (SHIB), the popular dog-themed memecoin has seen its rally hitting a roadblock after gaining 80% in November before correcting by over 20%. Now, SHIB is stuck in a consolidation phase, leaving many to wonder what comes next.

Solana-based meme token Litecoin Mascot (LESTER) has seen its market cap surge to over $140 million within just 48 hours of its debut. The post Solana Meme Token Litecoin Mascot (LESTER) Hits $140M Market Cap in Two Days appeared first on Cryptonews.

This week, we examine Ripple, Cardano, Dogecoin, Shiba Inu, and Sui in greater detail. Ripple (XRP) XRP is quickly approaching $1 and has impressed with a 47% price increase in the past seven days.

Blockchain tracking platform Whale Alert, which monitors large cryptocurrency transfers and then shares the details with the crypto community on the X platform, has spotted a tremendous amount of the second largest meme cryptocurrency Shiba Inu.

Assessing if Litecoin buyers can provoke a breakout or if the altcoin will see a pullback from its recent pattern.

The rapid rise of meme coins like LESTER highlights the volatile influence of social media on cryptocurrency markets and investor behavior. The post Solana meme coin Litecoin Mascot soars to $120 million market cap in less than 48 hours of launch appeared first on Crypto Briefing.

Shiba Inu may be in a difficult market position because its recent rally seems to have stalled. Since SHIB's price fell more than 20% after hitting new highs, it may find it difficult to sustain its upward trajectory.