Shiba Inu coin price has moved sideways in the past few weeks and created a death cross pattern pointing to further downside ahead. The SHIB token dropped to $0.000016, down by over 50% from its highest level in December.
Shiba Inu (SHIB), the popular dog-themed cryptocurrency, is nearing a critical price point that could put an astonishing 607 trillion SHIB tokens in profit. According to the Break Even Price indicator by IntoTheBlock, over 202,000 SHIB holders, who purchased their tokens within the $0.000016 to $0.000024 range, are on the verge of seeing their investments turn profitable if the price revisits these levels.
The recent downturn that has swept across the entire crypto market has pushed meme coin PEPE into oversold territory, according to the Relative Strength Index indicator. Notably, this is only the third time PEPE has reached the oversold levels in its history, particularly on the daily candlestick timeframe.
Shiba Inu (SHIB) price, a popular meme-based cryptocurrency, is consolidating as it fluctuates within a tight trading range. Despite recent declines, SHIB stabilizes above $0.000015, signaling a potential recovery.
The Department of Government Efficiency (D.O.G.E) meme coin has rebounded, with prominent advocate Unipcs suggesting the real rally is just starting. What Happened: Unipcs noted on Monday on X that the largest holder of Pepe (CRYPTO: PEPE) tokens is reportedly making big moves into D.O.G.E.
Pepe (PEPE) investors are in a state of panic as the pullback from early December highs above $0.000028 deepens, and the threat of a total market capitulation rises. The post Pepe Investors Panic as Prices Drop – Is a Total Collapse Near? appeared first on Cryptonews.
Cryptocurrencies remained downbeat on Monday as Bitcoin stayed stuck within the $97K region. While altcoins contemplate their next moves, Shiba Inu (SHIB) displays weakness amid faded demand. Reduced interest from new traders and the emerging death cross pattern on SHIB's 1D chart positions the alt for extended declines.
Ethereum (ETH), Solana (SOL), and Shiba Inu (SHIB) all hover near key price levels. Ethereum is attempting to stabilize after a sharp decline, Solana faces a potential breakdown if support doesn't hold, and Shiba Inu is struggling to regain bullish momentum.
Not much is going on in the cryptocurrency market, especially with the price of the Shiba Inu (SHIB) token, lately. It has been a week since the largest liquidation event in the history of the digital asset market, and the SHIB price seems to be stuck in a tight range between $0.000017 and $0.00001475, neither rising nor testing local lows.
Dog-themed cryptocurrency Shiba Inu (SHIB) is approaching a crucial price range that could push a staggering 607 trillion SHIB tokens into profit. According to IntoTheBlock's Break Even Price indicator, over 202,000 SHIB holders who acquired tokens between $0.000016 and $0.000024 would finally be in profit if prices return to this range.
The meme coin hype that marked the crypto market in the first few weeks of 2025 has significantly faded, and Shiba Inu (SHIB) is bearing the brunt of this shift.
Pepe Coin price, an Ethereum-based meme coin, has plunged significantly amid broader market corrections. The meme coin has dropped 65% from its ATH of $0.00002825, recorded two months ago.
The Shiba Inu (SHIB) burn rate shot up by 807% in the past 24 hours, with more than 20.5 million SHIB tokens permanently removed from circulation.
Bitcoin (BTC) is showing signs of recovery, trading around $96,934 after a brief pullback. Market sentiment remains cautiously optimistic as BTC consolidates near crucial support levels.
The broader digital currency ecosystem has continued consolidating, with Shiba Inu (SHIB) in the spotlight. The digital currency has wriggled away from its lowest price mark in the past 24 hours, signaling signs of an early rebound.
The price of Shiba Inu (SHIB) fell to the bottom of the chart after the price dip on February 3.
Factors that influence the price of SHIB
The Dogecoin and Shiba Inu prices are currently struggling to maintain a bullish momentum as they continue to suffer significant pullbacks. This downtrend is due to macro factors that have brought about market uncertainty and sparked a bearish sentiment among investors.
Shiba Inu is clearly struggling as the death cross formation is getting closer and closer to the price of the asset. The recent price action of SHIB is dictated by bears instead of bulls, and the strengthening of a downtrend is only a matter of time in SHIB's case.
Donald Trump's tariff war is only heating up – he announced a 25% levy on aluminum and steel imports. Trump also warned that countries levying US imports will face even higher tariffs.
Data shared by the prominent blockchain tracking service Shibburn has unveiled that during the last day, the SHIB army has managed to push a substantial amount of SHIB meme coins from circulation.
Following a brief decline, Bitcoin is currently showing a moderate recovery at around $96,934. Since Bitcoin is consolidating close to important support levels, market sentiment is still cautiously optimistic.
Shiba Inu has made a notable rebound in recent days after a sharp decline that caused concern among many investors. In the past 24 hours, the price has increased by over 5%, rising to $0.00001649.
The once-thriving Shiba Inu has seen its price stagnate recently, leaving investors searching for new opportunities. As analysts observe SHIB's lack of momentum, their attention has shifted to WallitIQ (WLTQ)—an Ethereum-based token making waves with its groundbreaking features and rapid presale success. With an entry price of just $0.
The Shiba Inu is playing hide and seek with traders: a dizzying drop, a rebound in sight, and whales gorging themselves in the background. Ready for the roller coaster?
Dog-themed cryptocurrency Shiba Inu (SHIB) has seen a surge in its burn rate, with over 2.26 million SHIB tokens removed from circulation.
It seems that those who did not invest in Shiba Inu (SHIB) during the recent price slump may soon experience fear of missing out, or FOMO as it is known in the cryptocurrency market.
Concerns have emerged over Shiba Inu's (SHIB) token distribution after analysts revealed that several wallets hold a significant portion of its supply.
The past week in the world of finance was marked by significant developments in the cryptocurrency sector. From warnings against buying the dip in Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and XRP (CRYPTO: XRP), to Shiba Inu's surprising partnership with the UAE government, the week was anything but dull.
Will Shiba Inu (SHIB 3.68%) go to the moon and make its investors rich once again, for the fifth time in its history? It's very possible, but that doesn't mean you should buy it with a sizable investment of $5,000 on the line.
Shiba Inu has regained some ground after experiencing a sharp decline in recent weeks. The altcoin is up over 5% in the past 24 hours, attempting to recover investors' losses.
Shiba Inu's most recent market decline will more likely push the death cross formation, making it a reality. With the 50 EMA crossing 200 EMA, the bearish trend will solidify, indicating the end of the bullish phase for SHIB on the market.
Last Monday, the cryptocurrency market saw its biggest crash ever, wiping out over $2 billion worth of investments. Following this, many altcoins fell sharply from their recent highs, leading major investors to buy them up, which could trigger a strong recovery rally.
The crypto market has again been gripped by volatility, keeping traders on edge. Bitcoin (BTC) recently dipped to $95K before recovering slightly, while Ethereum (ETH) and Solana (SOL) struggled in negative territory. XRP, however, managed to post a 1% gain, offering some stability amid the turbulence.
A noteworthy event has caught the attention of the crypto community: over 3.36 trillion Shiba Inu (SHIB) tokens have been moved to an unmarked blockchain wallet. The transaction, which took place on February 8, 2025, was valued at around $51.15 million, according to tracking services from Whale Alert.
Ssocial volume has been falling since early December, when memecoin euphoria lost its grip.
DTX Exchange has gained ground quickly to become the most talked-about altcoin in the market. Its explosive presale momentum has outpaced DOGE and SHIB weekly performances as these meme tokens face market shakeups.
Tron is on fire this year, beating even Bitcoin in price performance. Yes, you read that right.
Pepe (PEPE), the popular and world's third-largest crypto meme coin, is poised for an upside rally after experiencing a 28% price drop in recent days. Following this notable price drop, the meme coin has reached a crucial support level of $0.00000928, which has a history of price reversals.
Sellers' pressure remains relevant today as well, according to CoinStats.
Shiba Inu (SHIB) is in the spotlight as the combined crypto market capitalization dropped by another 1.48% in 24 hours to $3.13 trillion. Shiba Inu has, however, decoupled from the general trend, inking a minor uptick within the same time span.
Although Solana (SOL) and Shiba Inu (SHIB) are still well-liked in the crypto market, a startling change is occurring: smart investors are subtly shifting their money onto a new altcoin with great 2025 potential.
The cryptocurrency market constantly fails to regain momentum with top tokens losing significant valuation in their respective portfolios. Notably, top tokens have failed to hold their value above their important support levels, indicating rising uncertainty in price action. With the market turning extremely volatile, investors are closely watching their portfolios with constant FOMO & FUD.
On-chain data analytics platform Lookonchain recently spotted a huge transaction from a top Pepe whale. On Friday, this large investor tagged Nascent sold 175 billion PEPE, valued at about $1.5 million.
Dog-themed cryptocurrency Shiba Inu (SHIB) has seen a 5,277% surge in large holder netflows, an indicator that provides an idea of the change in the positions of whales or large holders.
As the crypto market experiences turbulence, the Shiba Inu price remains near $0.000015, struggling to gain momentum amid widespread corrections. Bitcoin's drop below $97,000 has fueled uncertainty, pressuring altcoins.
Shibburn blockchain tracker has revealed that over the past 24 hours, the SHIB army has managed to burn more than a dozen million meme coins out of the circulating supply, triggering a massive burn rate increase.