Bitcoin's rally above $100,000 has improved sentiment, triggering a strong recovery in several altcoins.
Meme coins Peanut The Squirrel (CRYPTO: PNUT), Popcat (CRYPTO: POPCAT), and Goatseus Maximus (CRYPTO: GOAT) surged on Wednesday amid significant exchange listing announcements, surpassing the performance of Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB). Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Peanut The Squirrel $1.30 $1.29 billion +30% +4.3% Popcat $1.26 $1.23 billion +14.7% -8.9% Goatseaus Maximus $0.6855 $685.4 million +29.2% -11.8% Dogecoin $0.4123 $60.5 billion +7.3% +0.0% Shiba Inu $0.00002917 $17.1 billion +13.8% -2.5% Trader Notes: Crypto trader Dami-Defi predicts PNUT could bring life-changing opportunities.
Memecoins like DOGE and SHIB plunge amid market-wide liquidations and heightened volatility.
Shiba Inu marketing exec Lucie unveiled the SHIFU airdrops enticing details, offering rewards to LEASH, BONE holders, gamers, and NFT enthusiasts. The announcement comes as SHIB price spikes 4% intraday, fueling excitement across the community.
‘Dogecoin Killer' Shiba Inu (CRYPTO: SHIB) is holding firm at a crucial horizontal support level, fueling speculation of significant upside potential. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Shiba Inu (CRYPTO: SHIB) $0.000029 $17 billion +15.1% -4.1% Dogecoin (CRYPTO: DOGE) $0.4166 $61.3 billion +10.8% +1% Pepe (CRYPTO: PEPE) $0.00002503 $10.5 billion +9.4% +15.8% Trader Notes: Traders are closely monitoring the meme coin's price action as it shows resilience in a challenging market environment.
Shiba Inu's marketing lead Lucie sparked a flurry of discussions across the broader market on Wednesday, revealing vital updates on the SHIFU coin airdrop. Notably, the marketing lead revealed key opportunities for LEASH and BONE holders as the airdrop approaches while also highlighting the benefits for SHIB gamers and NFT enthusiasts in light of the
Despite a significant 11% drop earlier this week, Shiba Inu (SHIB) has rebounded with bullish momentum as traders aim to recover recent losses.
It's been more than a month since the presidential election, and crypto prices are still surging. President-elect Donald Trump has nominated several extremely crypto-friendly candidates to his cabinet, and Bitcoin (BTC 1.12%), the world's largest cryptocurrency, has surpassed $100,000 several times.
Shiba Inu (SHIB) is in rebound mode after two days of grueling price drawdown fueled by whale buyers. Thus far this week, the meme coin has dropped as low as $0.00002434, retaining an 11.72% over the trailing seven-day period.
Shibarium surpasses 600 million total transactions while reaching $6 million TVL and 2 million addresses, demonstrating expanded adoption of Shiba Inu's Layer-2 scaling solution.
Shiba Inu's price has dropped 11% over the past week, mirroring the broader market downturn. Unlike other tokens, this decline has not triggered a cascade of sell-offs among SHIB holders.
Bitcoin crashed nearly 10% below its all-time high of $104,088 to a low of $94,150 on Monday. The flash crash was short-lived, but it dragged down altcoins and meme coins like Dogecoin, Shiba Inu, Pepe, Dogwifhat and Bonk.
While the memecoin mania had kicked off, Dogecoin & Shiba Inu refrained from making massive moves. As a result, these tokens lag behind their respective ATHs while the others form a new one. Now that the Bitcoin price rally has kicked off above the psychological barrier at $100K, these top memecoins have begun to swell.
The cryptocurrency market saw another decline on Dec. 10, 2024, with Bitcoin dropping below $95,000 for the second time in recent days, causing widespread liquidations.
The recent price movement of Bitcoin emphasizes how difficult it is to reach the elusive $100,000 threshold. Substantial market liquidations totaling $1.58 billion over the last day have prevented Bitcoin from sustaining momentum above this crucial psychological threshold.
Shiba Inu's Shibarium Layer-2 has reached over 600 million transactions and $6 million in TVL, showcasing rapid growth.
The Shiba Inu burn rate has seen a turnaround, skyrocketing by 1,068% despite the meme coin's recent price decline. This unexpected Shiba Inu burn recovery comes amid a bearish market trend, with indicators suggesting the potential for further SHIB price corrections.
Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) have seen sharp declines, with traders debating whether these drops signal a buying opportunity or a deeper trend reversal. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin (CRYPTO: DOGE) $0.3779 $55.6 billion -13.5% -7.4% Shiba Inu (CRYPTO: SHIB) $0.00002484 $14.8 billion -16.4% -11% Pepe (CRYPTO: PEPE) $0.00002287 $9.6 billion -17% +16% Trader Notes: Crypto trader DonAlt highlights Dogecoin's sideways movement over the past month, describing it as one of the most “net-worth-destructive” charts in crypto history.
Many larger-cap alts have marked substantial losses, but meme coins lead the pack.
The price of Shiba Inu has plummeted by 10% today, yet its indicators suggest that a rebound is just around the corner. The post Shiba Inu's Rally Hits a Snag – Could More Corrections Be Around the Corner? appeared first on Cryptonews.
The 12th largest cryptocurrency in the world, Shiba Inu (SHIB) started off as a humble meme coin — however, since then, it has stood out through its staying power as well as several technical improvements that could serve to position it as a part of the wider blockchain and DeFi space that actually provides utility.
Meme coins took a hard hit as Bitcoin plunged on Monday and liquidations surged, with Dogecoin and others still showing red.
Retail investors are flocking to memecoins, with Reddit data revealing PEPE (CRYPTO: PEPE) as the current frontrunner in capturing retail mindshare, according to a recent analysis of cryptocurrency subreddit growth trends. What Happened: The analysis, shared in a detailed thread on X on Dec. 5, highlights the importance of understanding retail investor psychology in the current market cycle.
Shiba Inu (SHIB) has experienced significant volatility recently, with its price falling by 16% in just 24 hours.
Shiba Inu's burn rate spike and reduced token supply have stirred optimism, although SHIB price saw a 9% dip in the last day.
After a massive surge in the past month, the Shiba Inu price rose by 20%, capturing market attention. Despite minor corrections, the popular meme-based crypto signals potential future gains.
Analytics X account @spotonchain has revealed that earlier today, a whale purchased almost 150 billion Shiba Inu meme coins. This whale decided to return to SHIB as an investment tool after they had earned an impressive amount of dollars on it earlier this year.
Yesterday's trading session on the crypto market turned into a veritable bloodbath, with $1.5 billion in various long and short positions being liquidated by smaller measures. As for the popular meme-inspired cryptocurrency Shiba Inu (SHIB), about $20 million were liquidated in derivatives on it, represented mainly by open-ended futures, of which a much larger part is long positions, which is obvious.
The rise of Dogecoin and Shiba Inu in 2021 has raised numerous ‘what ifs' for many traders. These top meme coins to buy, attracted thousands of individuals and transformed their initial supporters into dollar millionaires.
Shiba Inu (SHIB) recently drew the market's attention with a remarkable surge in burn rate. Notably, the SHIB burn rate surged over 1,000%, drastically reducing the amount of tokens in circulation.
The Shibarium network, the layer 2 of the Shiba Inu ecosystem, continues to amaze with surprising results.
The $1.5 million SHIB tokens were seized from Alameda Research during FTX-related forfeitures. No signs suggest the SHIB tokens were sold, with no exchange addresses linked.
SHIB token recorded a 1000% increase in burn rate with 51.76 million tokens removed from circulation, while maintaining a 16% weekly price gain and reaching 2 million registered Shibarium network addresses.
Check out what signals good days ahead for SHIB bulls.
Over the years, many investors have profited from the concept of crypto being the future. Those who initially saw these digital assets as a bubble bound to burst sooner or later are now green with envy as the leading crypto – Bitcoin reached and surpassed the $100,000 mark for the first time ever.
There is an urgent need for a more decentralized support base, as far as this memecoin is concerned.
Shiba Inu's price took a hit, following a sharp drop in Bitcoin and other altcoins. What's behind the sudden reversal?
The Shiba Inu coin has once again nabbed investor attention amidst a roaring Q4 bull market, primarily with a remarkable surge in the SHIB burn rate. On Tuesday, burn data mirrored a whooping 1000% surge, indicating that the crypto's supply took a massive hit.
Shibarium has been making the headlines lately, recently blasting through another milestone.
Shiba Inu (SHIB) hovers on a razors edge after a steep 8.38% plunge shook its long-held support level. While buyers managed to push it back above this zone, SHIBs price trajectory hangs in the balance, with traders eyeing a decisive move.
Shiba Inu (SHIB) price has risen by 59.71% in the last 30 days, although its market cap has decreased from the $18 billion mark. Despite this decline, SHIB remains the second-largest meme coin in the market, only behind Dogecoin.
Shiba Inu (CRYPTO: SHIB) is seeing increasing burn rates even though prices remain stagnant. What Happened: Shibburn data revealed that 40.46 million SHIB coins were burned in a single transaction, pushing the burn rate higher by 876.05%.
Shiba Inu's Shibarium upgrade integrates the new FHE technology, setting a new privacy standard in DeFi.
Guess who just broke into crypto's top 20 by market cap? If you bet on a certain green frog, you guessed right.
Shiba Inu price, a meme-based cryptocurrency, surged 60% over the past month, capturing significant market attention. Despite minor pullbacks, SHIB maintains a strong bullish trajectory, signaling potential for further growth in 2024.
Shiba Inu price suffered a harsh reversal on Monday, Dec. 9, as Bitcoin and other altcoins retreated. Shiba Inu (SHIB) dropped by about 7% to a low of $0.000030, much lower than this month's high of $0.000033.
The new week on the crypto market opened in the red when, after several weeks of growth since November, the prices of digital assets succumbed to a correction. Diving into the details, it is clear that the total crypto market lost a total of $161.38 billion at the peak of the fall, of which more than 60% is the share of Bitcoin (BTC), which lost six figures and is now trading at $99,000.