Shiba Inu [SHIB] is facing a significant price drop despite trillions of the meme coins being purchased. However, this amount of purchase can’t seem to stop its price crash. What could be causing this downward trend, and will it continue in the coming months? Despite the large number of Shiba Inu tokens purchased, the cryptocurrency…
The cryptocurrency market has been highly volatile in recent weeks, with Shiba Inu making headlines as a popular meme-inspired cryptocurrency. Over the last 24 hours, the price of the popular meme coin witnessed a slight uptick of approximately 5%, which drew the attention of investors and traders. However, as of the time of writing, the…
Shiba Inu (SHIB), the beloved meme-inspired cryptocurrency, is feeling the heat as the entire crypto market bleeds red on April 21. But unlike some of its peers, Shiba Inu seems to be stuck in a price range, leaving investors wondering if it’s the calm before the storm or the new normal. When a cryptocurrency, or…
Despite the market downturn, Shiba Inu (SHIB) is still seeing growth in terms of its holder base. The meme coin maintains its position as one of the most popular cryptocurrencies as its total holder count has now crossed 1.26 million. 10,000 New Shiba Inu Holders Added In a time when cryptocurrencies across the space are…
Shiba Inu (SHIB) and XRP have shown strength in the present recovery in the market. The crypto market decline had been triggered by the FTX collapse, and even now, the negative effects are still being felt all across the space. However, it has also been a time for digital assets in the space to show…
SHIB’s price shows much strength after breaking out from its long-range channel movement. SHIB trade with good volume, breaking out from a range channel as the price eyes a rally past to a region of $0.0000135. SHIB’s price remains strong on the daily timeframes as the price trades above the 50 Exponential Moving Average (EMA)…
Shiba has piggybacked on the recent meme coin surge to keep 13% gains last week. The entire meme coin category enjoyed an upswing in the last seven days thanks to Elon Musk’s Twitter takeover. The main attention was on Dogecoin due to speculations of the billionaire adding it as a payment option on the social…
SHIB’s price shows strength as it bounces from a downtrend range price rallied to a high of $0.0000122 with eyes set on $0.0000135. SHIB could rally more as the price creates more bullish bias breaking out of its range channel with good volume as SHIB army could push the price to $0.0000135. SHIB’s price remains…
SHIB’s price struggles to hold above key support as the price tends to get a knockout into a range channel. SHIB continues to struggle in a range-bound movement as the price attempts to breakout from its range price. The price of SHIB continues its range movement in a range channel as the price trades below…
Shiba Inu has had a hard time holding on to the value that it had garnered in the bull run of 2021. Along the way, there have been utility and use cases being put forward for the digital asset but even that has not helped it retain its value. Now, the meme coin has fallen…