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The popular meme coin Shiba Inu just burned about $600 million in market value in nine hours, dropping its cap from $5 billion to $4.39 billion, as per CoinMarketCap. The price slid straight to $0.0000074 USDT — and at this level, traders better not consider it a discount.It is important to note tha…
In the last 24 hours, Shiba Inu has seen more outflows than inflows into spot markets, a positivity for the dog coin even as the broader crypto market faces selling pressure.The crypto market extended its drop early Saturday with over $307 million in leveraged positions liquidated.While major crypto…
Shiba Inu lead ambassador Shytoshi Kusama remains silent on X, with his last post made Sept. 15.The silence calls for attention, particularly in light of recent developments in the Shiba Inu ecosystem that tested its strength, including a rebase issue with the LEASH token and a brief exploit of the …
Shiba Inu watchers have a new data point to consider after 389,999,999,999 SHIB left an Upbit-linked address, as per Arkham, and flowed into an unusually active wallet across several exchanges. This wallet has been making transfers to and from Binance, Bitget and a variety of smaller exchang…
In the last seven days, a total of over 46 million SHIB have been burned without causing an impact in burn rate, rather the SHIB burn rate took a decline.According to Shibburn, a total of 46,597,909 SHIB were burned in the past seven days, with the weekly burn rate dropping 94.35%.Contributing to th…
The spotlight is currently on Shiba Inu, which is trading at the crucial level of $0.000009 as extreme fear returns to the market. Bitcoin slipped to its lowest level since May before paring some losses, as sentiment across the crypto market turned into extreme fear.The Crypto Fear & Greed Index fel…
Shiba Inu (SHIB) is showing renewed strength, consolidating tightly above a critical support zone and hinting at an impending breakout.
As the meme coin industry and the larger cryptocurrency market continue to be dominated by pessimism, Shiba Inu has officially dropped to its lowest level since January 2024. The token has fallen to about $0.0000089, confirming a protracted downtrend that now spans nearly nine months, breaking throu…
Global investment manager T. Rowe Price has taken a step forward through its new Active Crypto ETF filing with the U.S. SEC, spotlighting Shiba Inu.
Once again, Shiba Inu holders are having their nerves tested as the popular meme token plunges deeper into its lowest trading range in over a year. Both the monthly and weekly Bollinger Bands are compressing, pushing the price closer to the lower boundary of $0.0000062.Breaching this level could tr…
After weeks of silence on X, Shiba Inu lead ambassador Shytoshi Kusama has updated his bio.Kusama's bio now reads: "Founder. Innovator. Visionary. Here to prove the liars wrong. Tune in." while his location was updated from "on the cutting edge" to "Watching the Blue Kachina."The Blue Kachina, which…
Shiba Inu’s 24-hour netflow shifted by -147.7 trillion SHIB, sending its exchange flow metric into the negative. Tokens are being removed from exchanges and sent to wallets when there is a negative netflow, which is a clear sign of accumulation or long-term holding behavior. Even though this data in…