The popular Shiba Inu (SHIB) cryptocurrency is seeing disturbing developments in the behind-the-scenes, on-chain reality of the crypto market. According to data from IntoTheBlock, the number of Shiba Inu tokens shipped from wallets by major token holders over the past 24 hours totaled 7.48 trillion SHIB.

Check out some of the latest SHIB price predictions.

Shiba Inu price and other meme coins have wavered this week as the recent momentum waned and as Bitcoin failed to cross the $100,000 resistance. Still, technicals suggest that the SHIB coin may be about to go parabolic after forming four bullish patterns.

Dog-themed cryptocurrency Shiba Inu (SHIB) is seeing a modest increase in large transaction volume, rising by 5.32% over the past 24 hours. While this uptick suggests some activity among large holders or whales, it is still a very modest rise in comparison to what the cryptocurrency has seen recently.

With a rounding bottom breakout rally in the AVAX price trend gaining momentum, the bulls are back at play. As the $40 breakout is inching closer to surpassing the $50 psychological mark, buyers anticipate a new 52-week high.

Lucie, the marketing lead for Shiba Inu, shared that the ecosystem would be offering significant rewards for new users engaging with the liquid staking feature. Though the exact reward details are yet to be fully disclosed, Lucie emphasized that participants could expect up to $500 in rewards for getting involved in this program.

Shiba Inu (SHIB) is garnering attention for its robust performance and potential for future expansion as 2024 draws to a close. SHIB has managed to captivate the interest of both investors and crypto enthusiasts, as it is currently dealing at $0.00002566.

AVAX tests critical $38.57 support while showing strong network growth with a 28.56% increase in active addresses and $1.362 billion in Total Value Locked.

Next few days could be critical for AVAX's price action on the charts.

Avalanche (AVAX) has become one of the most closely watched cryptocurrencies in recent years, especially as it continues to gain traction among investors and developers alike. As the broader market enters what many are anticipating to be a new bull cycle, AVAX is expected to play a key role in this potential surge.

The Shiba Inu burn rate is facing new challenges amidst a corresponding lull in the Shiba Inu price. According to data from Shiba Inu burn tracker Shibburn.

Shiba Inu price, a prominent meme coin, has recently witnessed a substantial 41% increase in its value over the past month, marking a robust bullish trend. This surge has contributed to an overall growth of 195% in the past year, boosting confidence among investors.

With news about new rewards unveiling, token burns, and an optimistic 200% Shiba Inu price prediction, could it be enough for the SHIB price to recover?

Shibarium, powered by Shiba Inus active community, hit a record $8.57 million in TVL before a market downturn reduced it to $4.58 million. Shiba Inu leads staking activity with $3 million, underscoring its dominant role in the ecosystem.

As recent bull market sentiment begins to show its cracks and Bitcoin takes a tumble, layer-1 altcoins appear among the most resilient, with Avalanche, Polkadot, and Fantom as standouts. The post Layer 1 Altcoins Immune to Bitcoin Dip: AVAX, DOT and FTM Price Surge Despite Red Market appeared first on Cryptonews.

Shibarium, the layer-2 protocol associated with Shiba Inu (SHIB), has witnessed a spike in activities resulting in remarkable development. According to Lucie, the marketing lead at Shiba Inu, the total value locked (TVL) has hit an all-time high (ATH) of $8.57 million.

Shiba Inu price joined other cryptocurrencies in a steep sell-off as the recent rally took a breather and the burn rate declined. Shiba Inu (SHIB), the second-largest meme coin, dropped to $0.

The majority of the coins are in the red zone today, according to CoinStats.

Binance founder and former CEO Changpeng Zhao on Tuesday voiced concerns about the current state of meme coins, calling their proliferation “a little weird.” What Happened: In a tweet, Zhao clarified he isn't against memes but urged the crypto community to focus on building meaningful blockchain applications.

With a significant 13% decline in the last day, Shiba Inu seems to have lost its recent vigor. A strong rally that gave investors hope for long-term gains preceded this correction.

Shiba Inu's ecosystem shows strong growth potential as lead developer Shytoshi Kusama acknowledges TRON's success model, while SHIB posts 48% monthly gains and Shibarium reaches new TVL highs.

Avalanche has just welcomed its largest software update ever hosted, with a dedicated launch on the Fuji testnet.

Shiba Inu (SHIB), a cryptocurrency that originally gained attention as a meme coin, is slowly evolving into something much more. With a market cap of $15 billion and a massive surge in its burn rate, SHIB is gaining momentum. But there's a bold idea floating around, burn 99% of its supply.

The price of Shiba Inu (SHIB) is stable and hovering between the resistance at $0.00002800 and support at $0.00002300. Neither the bulls nor the bears have broken this range.

Shiba Inu lead developer Shytoshi Kusama lauded TRON's Justin Sun on Tuesday over the blockchain's recent milestone achievement. The lead developer primarily highlighted TRX's product-market fit (PMF) in stablecoin use cases, underscoring the network's pioneering stance as a decentralized, fast, and affordable solution.

Story Highlights The Avalanche price retests the $45 mark, eyes to hit $50. The EMA 50/200-day record a Golden Cross in the daily time frame, highlighting a higher target. The AVAX price has soared over 70% during this month. The AVAX token has maintained its bullish price action despite increased price volatility.

Investor optimism was sparked by Shiba Inu's recent successful breakout from its consolidation phase. Despite this, there has not been a noticeable acceleration in price movement, suggesting that the rally has stalled.

This week's crypto calendar is packed with major events, as Sonic Labs is about to launch its L1 mainnet, the Avalanche Etna update went live, Jupuary voting began for Jupiter, and more.

Shytoshi Kusama, the driving force behind Shiba Inu, shared key insights into SHIB burns and the ecosystems future. As burn rates jumped 135% in 24 hours, Kusama stressed the importance of building partnerships to boost Shibariums utility and burn potential.

Avalanche is going through its largest upgrade since the mainnet launch, unlocking more than $40 million in retroactive rewards.

Shiba Inu (CRYPTO: SHIB) has gained traction amid rising burn rates, sparking optimism among technical analysts about bullish momentum for the token. What Happened: According to Shibburn data, the burn rate for SHIB surged by 486.8% over the past day, with 5.9 million SHIB coins permanently removed from circulation.

In recent hours, the meme coin market has experienced increased selling pressure following Bitcoin's drop from its peak. Prices for Pepe and Shiba Inu coins have significantly fallen as both whales and short-term holders have been offloading their holdings, leading to a sharp decrease.

Following a listing on Coinbase, Dogwifhat (CRYPTO: WIF) has been listed for trading by Robinhood Crypto. What Happened: The company announced the listing on its X account on Monday.

The dream of Shiba Inu reaching $0.01 remains one of the most talked-about and debated topics in the cryptocurrency community. While many analysts deem this goal unrealistic, renowned crypto expert Luis Delgado (also known as Del Crxpto) believes that the impossible is indeed possible for Shiba Inu, pointing to several past instances in the crypto market where unexpected price surges occurred.

Bitcoin's failure to cross above $100,000 could extend the current price pullback. The real question is whether or not bulls will buy the dip.

Shiba Inu lead developer Shytoshi Kusama has addressed inquiries regarding the ambitious goal to burn 99% of the circulating SHIB token supply. Kusama initially engaged with the community by inviting questions for his podcast, stating, “What a topic or question you want to hear answered on my podcast?

The Avalanche Foundation will disburse $40 million in retroactive grants as the new upgrade hits testnet ahead of a planned 2025 launch.

Also launching Monday is Retro9000, a grant program of $40 million to reward builders developing Layer 1 blockchains and other tools on the Avalanche9000 testnet.

Avalanche's largest upgrade to date, Avalanche9000, went live on testnet Monday. The upgrade is designed to cut costs of sending transactions and operating validators, making it easier to build apps on the network.

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.

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.

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.

Story Highlights The live price of the AVAX crypto token is . Avalanche price may reach a maximum of $100 by the end of 2024. With a potential surge, the AVAX coin price may achieve a high of $528 mark by 2030.

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.

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.

The price of Avalanche (AVAX) has risen to a high of $45.07, continuing its uptrend. Cryptocurrency price analysis brought by Coinidol.com.