Shiba Inu (SHIB) Faces Key Setback with Loss of Support Level
A shift in market sentiment has been reflected in Shiba Inu’s (SHIB) recent decline below a critical support level. The cryptocurrency has moved below its 100-day Exponential Moving Average (EMA) and is nearing the important 200 EMA. Over the past 24 hours, SHIB’s price has dropped by -1.70%, now trading at approximately $0.00002142. The downward […]
What will be Shiba Inu’s price if it hits Tether and Ethereum current market cap
Shiba Inu (SHIB) remains one of the most discussed cryptocurrencies, with its price movements closely tracked by enthusiasts. Despite recent bearish trends, optimism persists about its long-term potential. Currently trading at $0.00002178, SHIB has dropped 14.5% from its monthly high. While December has been challenging for the token, proponents anticipate that 2025 could usher in […]
Shiba Inu Price Holds Steady as Whale Activity Slows
Whale investors moved 10 trillion Shiba Inu (SHIB) tokens in the past 24 hours. While this may sound impressive, it pales in comparison to the token’s historical transaction peaks. Large transaction volumes often signal heightened whale activity, which can precede major market moves. However, this recent activity remains subdued relative to SHIB’s previous record-breaking days. […]
Gemini Expands SHIB Trading with New Perpetual Contracts
Gemini Foundation, a subsidiary of the Gemini cryptocurrency exchange, has announced the launch of Shiba Inu (SHIB) perpetual contracts. These contracts aim to give users in select jurisdictions more trading options for the popular canine-themed cryptocurrency. Details of SHIB Perpetual Contracts Traders can now access SHIB perpetual contracts denominated in Gemini Dollars (GUSD). This feature […]
SHIB Analysts Predict a Massive Surge: Is Shiba Inu Set for New Highs?
Shiba Inu (SHIB), a leading meme coin, has experienced a remarkable rally since mid-September 2024. Analysts believe this rally, which has driven SHIB’s price up by 153%, may only be the beginning. SHIB’s Strong Performance Highlighted by Analysts The surge in SHIB’s price from $0.00001317 to $0.00003343 has caught the attention of prominent analysts. Crypto […]
Shiba Inu Transaction Spike: Is a Price Surge Imminent?
Shiba Inu (SHIB) has attracted significant market attention, with a staggering 17 trillion SHIB in large transactions over the past 24 hours. This sharp increase in on-chain activity signals growing interest in the ecosystem, suggesting both buying and redistribution activity. According to IntoTheBlock data, the number of large transactions has surged to an all-time high […]
Shiba Inu Whales Make Big Moves, Adding Over 1 Trillion Tokens
Large investors in Shiba Inu (SHIB) have significantly expanded their holdings, acquiring over 1.12 trillion tokens in just 24 hours. Data from IntoTheBlock reveals a dramatic rise in SHIB netflows, showing that these whales have added 1.127 trillion tokens to their wallets during this period. Tracking Whale Movements with Netflow Metric The rise in whale […]
Shiba Inu Battles 11.5 Trillion SHIB Sell Wall Near $0.00002
Shiba Inu (SHIB), the popular meme-inspired cryptocurrency, recently surged by 17.82%, marking a multi-month high at $0.0000199. Despite this significant rally, SHIB faces a critical hurdle as it nears the $0.00002 price level. According to recent data from blockchain analytics firm IntoTheBlock, approximately 11.5 trillion SHIB tokens are concentrated in a specific price range, potentially […]
Kusama’s S.H.I.B. Plan: Building a Blockchain-Driven Future for the U.S.
In a recent post, Shytoshi Kusama, lead developer of SHIB, introduced the Strategic Hub for Innovation and Blockchain (S.H.I.B.). His vision centers on creating a hub in a single U.S. city as a pilot, aiming for blockchain-powered transformation nationwide. This proposal, intended for the future U.S. president and the broader global crypto community, outlines an […]
Shiba Inu Whale Activity Spikes: What’s Driving the Surge?
Shiba Inu (SHIB) has drawn significant attention recently, not due to a price spike, but because of notable trends in its on-chain data. While SHIB’s price has stayed relatively flat, its on-chain activity suggests substantial interest among major holders, often referred to as “whales.” Despite challenging market conditions marked by low volatility, these significant holders […]