Data shared by the blockchain tracker Shibburn has revealed that in the last day, the SHIB army has managed to shovel another big meme coin lump into “inferno” wallets, removing tens of millions of SHIB.

Shiba Inu coin has again reverberated bullishness across the broader market on Thursday, witnessing a staggering 4500% uptick in the SHIB burn rate. Latest burn data indicated that over 50 million coins were taken out of the token's circulating supply, underlining the crypto's potential to pump ahead.

Shiba Inu (SHIB) has been stuck in a bit of a holding pattern, but something could be brewing. The price is sitting at $0.00002552, and it's been up about 3.77% recently. But here's the kicker—SHIB is forming a symmetrical triangle on the charts. If you're into technical analysis, you know this often signals a breakout.

DOGE flips Porsche, reaching $54.7B market cap. What does this mean for the future of meme coins?

Despite Dogecoin (DOGE) still being 45% below its all-time high of $0.7316, achieved in 2021, DOGE has experienced a notable year-to-date gain of over 400%. When writing, the memecoin leader trades at $0.404, up 5.6% in the past 24 hours.

Crypto analyst Philip has asserted that the Dogecoin price rally is only just beginning despite the gain of over 300%, which the foremost meme coin has enjoyed this year. The analyst used technical analysis to explain why DOGE will still go way higher.

A crypto pundit has suggested that the Dogecoin price rally is far from over, forecasting mid-term targets between $2.2 and $3.46 for the dog-themed meme coin. According to his detailed price chart, Dogecoin is currently in wave 3 of the Elliott Wave Theory and set for a significant price surge.

An analyst known as a “Master Trader” on the crypto exchange Bybit thinks that Dogecoin's (DOGE) correction is over. Pseudonymous analyst Bluntz tells his 299,300 followers on the social media platform X that the top memecoin's parabolic rally is in its early days.

SHIB's triangle pattern shows an indecision, will Shiba Inu break out or fall below support?

Bitcoin, Ethereum, and even Dogecoin are experiencing a surge in prices ahead of Thanksgiving after dipping at the start of the week.

The first-ever Dogecoin Exchange Traded Product (ETP) has been officially launched, sparking excitement for a possible DOGE price rally. Combined with several other bullish factors which have fueled the recent surge in the DOGE price, this new ETP positions the top meme coin for a potential 100% increase to new highs.

Cryptocurrency markets are trading higher on Wednesday, with Bitcoin surging back above the $96,000 mark. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $96,719.50 +5.3% Ethereum (CRYPTO: ETH) $3,599.43 +8.8% Solana (CRYPTO: SOL) $239.41 +4.5% Dogecoin (CRYPTO: DOGE) $0.4042 +6.6% Shiba Inu (CRYPTO: SHIB) $0.00002545 +5.7% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 7.4% and daily active addresses falling by 15%.

Bitcoin's strong recovery shows aggressive buying on every minor dip, but the bulls may struggle to overcome the $100,000 resistance.

Shiba Inu whales made waves with a 712% surge in token outflows, unloading 7.48 trillion SHIB in 24 hours. The dramatic activity coincided with an 8% price drop, leaving traders on edge about the cryptocurrencys next move.

Binance has rolled out trading bots for SHIB and APE, alongside zero-fee promos, creating a buzz in the altcoin market. Price surges in SHIB, APE, and EIGEN suggest a rally could be on the way.

GOAT Network said that Dogecoin holders can lock up their meme coins to help secure the yet-to-be-launched Bitcoin layer-2.

Dog-themed cryptocurrency Dogecoin (DOGE) is currently at a critical juncture, with the market closely monitoring its price action as it approaches a significant resistance level.

Dogecoin growth has hit a new milestone as its $57.8 billion market cap has outpaced that of Porsche.

The Doge Foundation, the beating heart of the Dogecoin community, is stepping up its efforts to promote the global adoption of this popular cryptocurrency. With an eye on 2025, the organization is seeking prominent sponsors to support its ambitious initiatives.

Dogecoin has eclipsed Porsches $56.1 billion valuation, surging to $57.8 billion in market cap, powered by Elon Musks influence and the launch of the first DOGE-focused exchange-traded product. Musks Backing Drives Dogecoins Market Surge Thanks to Elon Musks endorsements and the possibility of an exchange-traded product (ETP) debut, Dogecoins market capitalization has eclipsed that of luxury automaker Porsche.

Landmark moment for dogecoin as first exchange-traded product (ETP) launches on the Swedish Spotlight Stock Market. Traditional Finance Wants a Piece of DOGE The Valour Dogecoin, the first dogecoin (DOGE) ETP accessible in the Nordic region was launched on Tuesday by Valour Inc, a subsidiary of Defi Technologies.

Leading meme coin Dogecoin has overtaken German luxury automaker Porsche in terms of market cap, catapulted by the launch of an exchange-traded product (ETP) for DOGE in Nordics and endorsement from billionaire Elon Musk.

Shiba Inu (SHIB) and Dogecoin (DOGE) have been known as the finest meme-coin supremacy contenders and that is subject to change for a new player emerging from the shadow. Maintaining its recent growth. Shiba Inu still lags behind when it comes to market performance relative to Dogecoin.

Recent listings on Coinbase and Robinhood have invigorated bullish sentiment about Pepe, with traders calling for new all-time highs to come soon. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Pepe (CRYPTO: PEPE) $0.00001833 $7.7 Billion +1.8% -9.2% Dogecoin (CRYPTO: DOGE) $0.3934 $57.8 Billion +4% +0.99% Shiba Inu (CRYPTO: SHIB) $0.00002499 $14.7 Billion +4.2% +1.9% Trader Notes: Crypto trader MaxBecauseBTC sees Pepe standing out in the meme coin space, predicting it will join Dogecoin and Shiba Inu as multi-billion-dollar assets.

The crypto markets are consolidating as the Bitcoin bulls are displaying weakness as they are struggling to hold the rally above $93,000. Meanwhile, the top memecoins like Dogecoin and Shiba Inu continue to rise with a decent range.

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.

The news that the domain DOGE.com is now for sale with an eye-popping price tag of $10,420,069 has taken the internet by storm. Given that Elon Musk recently announced the establishment of his Department of Government Efficiency, which focuses on optimizing procedures and reducing wasteful spending, the timing of this listing does not seem to be coincidental.

Check out some of the latest SHIB price predictions.

The Dogecoin Foundation has recently introduced "Dogebox," an initiative aimed at accelerating the adoption of Dogecoin ($DOGE) by small and medium-sized businesses. The post Dogecoin Foundation Introduces “Dogebox” – Can Elon Musk's Crypto Talk Push DOGE to $1? appeared first on Cryptonews.

Binance has expanded its trading offerings by adding new pairs and trading bots services for trending crypto. Binance Spot will launch pairs for crypto including Apecoin (APE), Hedera (HBAR), Book of Meme (BOME), and other key tokens.

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.

Dogecoin (DOGE), the dog-themed meme coin, has seen growing adoption, particularly among retail investors. The surge in activity suggests these investors are exhibiting Fear of Missing Out (FOMO).

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.

DeFi Technologies Inc., a crypto-focused financial technology firm, has announced the listing of the first Dogecoin (DOGE) exchange-traded product (ETP) in the Nordic region through its subsidiary, Valour Inc.

Cryptocurrencies stabilized a bit on Wednesday after slipping in the past two consecutive days. Dogecoin price rose slightly as traders anticipated Elon Musk's DOGE success.

Some analysts foresee an over 1,000% Dogecoin price increase based on emerging technical chart patterns.

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.

Dogecoin is consolidating above $0.3650 with key resistance at $0.400, while technical indicators suggest a neutral market stance with potential for movement in either direction.

The rise in prices of cryptocurrencies like Bitcoin (CRYPTO: BTC), Dogecoin (CRYPTO: DOGE), and others may have enabled lower-income households to take out new mortgages to purchase property, a new study revealed. What Happened: A paper by the U.S. Treasury's Office of Financial Research has identified a correlation between the surge in cryptocurrency investments and an increase in debt, particularly mortgages, in areas with high exposure to cryptocurrencies.

Dogecoin is consolidating losses above the $0.3650 support against the US Dollar. DOGE could restart increase if it clears the $0.400 resistance.

The cryptocurrency market has experienced a significant downturn, with major digital assets posting notable losses.

The Dogecoin price is up almost 150% since the start of this month, as the foremost meme coin continues to enjoy a massive bull run. Crypto analyst Alan Santana has provided insights into what is driving this rally and whether it is sustainable.

Crypto markets are entering the week like a ticking bomb, primed by global macro pressures and critical technical levels.

Given the obvious signs of waning market momentum, Dogecoin's ambitious quest to reach the $1 milestone may have encountered a snag. Given that Bitcoin recently experienced a retracement that had an impact on altcoins in general, DOGE's trajectory appears less promising.

The Dogecoin price is outperforming Bitcoin. Surprising right?

Elon Musk's net worth recently surpassed $334 billion, thanks to the US Elections, a surge in Tesla's valuation, and high-risk innovative AI investments. 2024 is working well for Musk as his wealth has climbed by more than $70 billion since 2023.

Based on data as of Nov. 26, the Altcoin Season Index (ASI) hosted on blockchaincenter.net is picking up steam, with standout performances from stellar (XLM), sui token (SUI), and mantra (OM), all posting impressive triple-digit increases.