Check out the next potential SHIB targets (according to some popular analysts).

A new report has revealed a startling trend in the cryptocurrency market: 76% of influencers on X (formerly Twitter( promoting meme coins are endorsing tokens that eventually lose nearly all their value. What Happened: The study, by CoinWire, analyzed 1,567 meme coins promoted by 377 influencers, uncovering that two out of three tokens they promoted are now classified as "dead.

Crypto's second biggest meme coin, the $15 billion market cap Shiba Inu ($SHIB), may be on the verge of a blistering bull run, according to CryptoTuber Austin Hilton. The renowned Web3 influencer says growing $SHIB adoption and the potential for further development of Shiba Inu's ecosystem will be key price drivers in the coming months.

Robinhood has thrown its crypto caution out the window following Donald Trump's victory earlier this month, adding yet another meme coin.

Over $116 billion worth of decentralized exchange (dex) trades have been placed on the Solana network in November. Record Volume for Solana DEXs As of Nov. 25, Solana's monthly trade volume on decentralized exchanges (dexs) surpassed $100 billion for the first time. The network's dex trade volume so far in November has reached $116.

Some of the new offerings will be available to users from November 26.

The world of decentralized finance (DeFi) has witnessed a new milestone: the monthly volume of Solana-based DEX (Decentralized Exchange) has surpassed 100 billion dollars for the first time, reaching the impressive figure of 109 billion dollars in November 2024.

Raydium dominates Solana's DEX landscape, capturing over 63% of weekly trading volume. The post Solana DEXs Hit Record $100B Monthly Trading Volume appeared first on Cryptonews.

TL;DR Digital asset investment products saw record inflows of $3.13 billion in one week. Bitcoin led the inflows with 3 billion, while Solana stood out among altcoins with 16 million. Europe experienced capital outflows, while the United States, Canada and Hong Kong showed strong interest.

TL;DR Solana surpassed $100 billion in monthly DEX trading volume for the first time, reaching a total of $109.8 billion in November. Factors such as the memecoin frenzy and low transaction fees have driven its remarkable growth, doubling Ethereum's volume. The network also stands out with 107.

Major cryptocurrency exchange Binance has announced the inclusion of six new listings, focusing on Hedera, Solana, meme coins and other tokens. This move is part of Binance's continued attempts to diversify its offerings and cater to the evolving interests of its users.

The weekend's correction might have finished, according to CoinStats.

Shiba Inu price has underperformed other popular meme coins in the past few days. SHIB trades at $0.000026 on Monday, where it has been stuck since November 10, as investors anticipate more upside as the burn rate rebounds.

Solana has surpassed the $100 billion threshold for monthly decentralized exchange trading volume for the first time in crypto history. Throughout November 2024, Solana(SOL) DEX volume reached $109.

$2.9M in $PYTH stolen via zero-transfer phishing on Solana. Scammers swapped stolen $PYTH for $SOL, consolidating stolen funds.

Pump.fun, the decentralized memecoin generation and promotion platform on Solana, is experiencing a rise in live-streaming NSFW content as memecoin creators incorporate adult-themed material into their tokens. The platform, launched in Jan. 2024, enables users without coding skills to create and trade memecoins swiftly, contributing to its rapid growth.

Shytoshi Kusama, the pseudonymous lead of the Shiba Inu team, has been debating with SHIB enthusiasts on X and revealing interesting details about his work schedule. He also poured cold water on the idea of some SHIB enthusiasts as to how the SHIB burn mechanism works in reality.

Bitcoin (BTC) stalled after coming within touching distance of $100,000 as the cryptocurrency reached a peak of $99,655 before declining to its current level. BTC is marginally down over the past 24 hours but registered a substantial decline over the weekend and dipped to a low of $95,816 late on Sunday before recovering.

The Solana network reported over $109 billion in decentralized exchange (DEX) trading volume for November 2023, marking the first time it has surpassed the $100 billion threshold.

Solana's monthly DEX volume surpasses $100 billion for the first time, fueled by high network activity and the memecoin frenzy.

The latest fraud incident in the Solana ecosystem is phishing in the form of apparently legitimate signature requests according to Scam Sniffer, a web3 anti-scam firm. The problem originates from Solana's fast transaction speed because it leads to a divergence between emulated wallet states and real-world states.

Solana price has witnessed a significant surge this month, reflecting robust bullish momentum as the broader cryptocurrency market rallies. SOL's price climb has captured market attention by breaking multiple resistance levels, with analysts speculating a potential breakout on the horizon.

As Solana-based memecoins continue to gain traction, the famous Solana-based memecoins platform Pump.fun has found itself in a controversy involving its livestream feature, which is showcasing disturbing content that threatens to damage the industry's credibility.

Within a crucial support cluster of 470 billion tokens (at the time of the writing), Shiba Inu is retaining its position and offering a temporary area of stability. Nevertheless, in contrast to prominent players like Bitcoin, Ethereum and XRP, its performance is noticeably stagnant.

Amid revolutionary announcements, technological advancements, and regulatory turbulence, the crypto ecosystem continues to prove that it is both a territory of limitless innovations and a battleground of regulatory and economic disputes. Here is a summary of the most notable news from the past week surrounding Bitcoin, Ethereum, Binance, Solana, and Ripple.

The Shiba Inu community has launched a petition urging Binance to list Bone ShibaSwap (BONE), a pivotal token within the Shiba Inu ecosystem. This move aims to strengthen the ecosystem's growth and enhance the interconnected utility of its tokens—SHIB, BONE, and LEASH.

Bitcoin ETFs experienced record inflows of $3.12 billion last week, while Solana outpaced Ethereum with $16 million in inflows, according to CoinShares.

From all indications, Solana looks to be showcasing a growing dominance in the blockchain space.

On November 23, Solana's (SOL) price hit a new all-time high, sparking speculation that the altcoin could rally as high as $300. While that did not happen, recent data shows that Solana traders are betting on a rebound.

Shiba Inu (SHIB) became well-known in cryptocurrencies by turning little investments into riches over its explosive climb. But as the token ages and its market fills, the explosive potential that once distinguished it starts to fade.

This will allow people to share, trade, and launch memes between two of the fastest blockchain networks: Solana and Injective. This makes it easier than ever to move memes between these two chains with just one click.

Solana's price has broken above $240 and shows continued strength with multiple technical indicators supporting further upside potential, while maintaining strong support levels.

The monthly fees from pump.fun and Raydium also recorded all-time highs in November as the memecoin frenzy continues.

Solana (SOL), the fourth-largest cryptocurrency by market capitalization, has captured the attention of traders and investors alike after reaching its all-time high (ATH). While the price has recently been consolidating near this peak, technical indicators and market sentiment suggest that Solana could be poised for a significant upward move.

The meme coin mania of the past few weeks pushed Shiba Inu's (SHIB) price to an eight-month high of $0.000030 on November 12. Due to this hike, a significant portion of SHIB's supply is now profitable.

Whale wallets holding SHIB have increased their positions by 425% during a period of price consolidation near $0.000029, while trading volume and open interest decline.

Sui (SUI) dominates the upcoming cliff-based token unlocks this week with 64.19 million tokens valued at $213.77 million, representing 2.26% of its circulating supply. The protocol leads a fleet of unlocks scheduled between November 25 and December 2.

Whales were net negative on Binance exchange after clearing their long BONK positions and taking profit.

Whales holding $1 million to $10 million worth of SHIB tokens have increased their holdings by 425%.

Solana started a fresh increase above the $240 zone. SOL price is consolidating gains and might aim for an upside break above the $255 resistance.

Large Shiba Inu transactions surged by 148% in 24 hours, reaching $300.98 million. Despite this, SHIBs price has declined 9.05% to $0.00002486, signaling cautious sentiment in a bearish cryptocurrency market.

As whale activity increases and the price approaches crucial resistance levels, Dogecoin has been garnering a lot of attention. Market conditions point to the potential for another wave that aims for the eagerly awaited $1 mark following a robust rally that lifted the meme coin above $0.5.

After reaching an all-time high, where could SOL go next? Let's find out.

Shiba Inu (SHIB) has been consolidating in a tight triangle pattern on its daily chart, a technical setup that often precedes a breakout or breakdown. However, on-chain data is raising concerns about the asset's stability.

Shiba Inu's lead developer, Shytoshi Kusama, has addressed a growing wave of requests from investors hoping for a major price rally for the token. The call for a “moonshot” has intensified as the crypto market continues its bullish trend, particularly with Bitcoin nearing new all-time highs.

Here is how some of your favorite assets concluded the week.

A market analyst says Shiba Inu (CRYPTO: SHIB) could experience a massive rally, predicting gains exceeding 2,000%. What Happened: The forecast has sparked excitement among the cryptocurrency's community as SHIB continues to gain traction as a leading meme coin.

The NFT market showed resilience in the past week, with overall sales holding steady despite a slight drop. Solana maintained its position as the third-largest blockchain for NFT sales, recording $23.9 million in weekly transactions.