Shiba Inu remains one of the most popular meme coins but the performance of the cryptocurrency in the last year has been discouraging for holders. Despite remaining the second-largest meme coin, it has continued to decline in price and this has caused the asset to fall below very crucial support. And now that SHIB is…
In the world of cryptocurrencies, strange and unexpected events are not uncommon. The latest puzzling development revolves around Shiba Inu (SHIB), as trillions of these tokens have mysteriously found their way into large holders’ accounts, often called whales. The influx of SHIB tokens into these wallets has caught the attention of crypto enthusiasts and analysts,…
Data shows the Dogecoin and Shiba Inu whales have moved around massive of coins amounts today, a sign that dumping may be going on. Dogecoin And Shiba Inu Whales Have Transferred Huge Amounts According to data from the cryptocurrency transaction tracker service Whale Alert, several large SHIB and DOGE transactions have occurred during the last…
The price of Shiba Inu has been consolidating, leading to a downward trend. In the last 24 hours, SHIB has lost 2% of its value, and there has been limited movement on the weekly chart. This indicates a decrease in buying interest and an increase in selling pressure. The market for SHIB appears oversold, but…
Here’s how the growth in PEPE has so far compared with that of its predecessor meme coins: Shiba Inu (SHIB) and Dogecoin (DOGE). PEPE’s Peak Trading Volume Hasn’t Been Near DOGE Or SHIB’s Yet Pepe Coin, a token based on the popular internet frog meme avatar, suddenly burst into the scene last month. The coin…
The Shiba Inu community has remained consistent in burning SHIB tokens. In a week, it sent a whopping 1,748,403,277 SHIB tokens to the project’s dead wallet. The burning mechanism is part of the processes that the Shiba Inu uses to maintain stability in its ecosystem. It is a strong measure to reclaim the value of…
The bear market has been brutal on cryptocurrencies in the market such as Shiba Inu. As a result, the profitability levels of investors in the meme coin have dropped drastically during this time. Even now, SHIB holders continue to see a decline in profitability, bringing it to one of the highest levels of losses since…
The Shiba Inu price is currently in deep bearish territory. After being rejected at the 200-day EMA in mid-April (blue line) and breaking the ascending trend line on the 1-day chart to the downside on April 20 (black line), the SHIB price is now in free fall. Yesterday, the SHIB price initially received support at…
Meme coins are currently the dominating trend on the crypto market once again due to PEPE. After the furious price rallye of PEPE, investors are feverishly looking for the next meme coin that makes 100x. Whether this trend will continue for much longer or if this marks a top for the crypto market remains to…
Missing out on crypto that becomes the next big thing in crypto can hurt. To avoid this, popular on-chain analyst LookOnChain has sorted out prominent whales to keep an eye on and ease the task of catching the next PEPE. According to the analyst, these whales were very early to notable meme coins such as…