The Shiba Inu price decline following the October 10 liquidation was as swift as the rest of the market, and even now, the meme coin continues to struggle to reach its pre-crash prices. Nevertheless, there have been some developments among major metrics that could indicate that the Shiba Inu price is getting ready to mark…
They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits…
Crypto exchange Changelly has predicted when the Shiba Inu price could delete three extra zeros and rally to as high as $0.01. Based on the prediction, the top meme coin is still over a decade away from achieving this milestone, even as it currently underperforms in this market cycle. When The Shiba Inu Price Could…
Shiba Inu is back in focus as October begins, with the crypto now trading above $0.000012 after weeks of sideways movement below this price level. Despite the sideways price action, on-chain data is pointing to a change in metrics that could soon translate into a breakout. Crypto analyst Zayn shared fresh on-chain data of Shiba…
Shiba Inu is approaching a decisive inflection on the 6-day SHIB/USDT chart, according to analyst CryptoNuclear’s October 1 TradingView update. The pair is pressing into a long-standing demand shelf between $0.00000850 and $0.00001183, a band that has repeatedly arrested declines since 2022 and underpinned the market’s extended sideways structure. The zone is highlighted as the…
Ethereum founder Vitalik Buterin recently offloaded billions in meme coins. This has brought back memories of how Buterin handled the Shiba Inu tokens that SHIB’s founder Ryoshi sent to him back in 2021. Ethereum Founder Offloads Billions Of Meme Coins On-chain analytics platform Onchain Lens revealed in an X post that the Ethereum founder had…
Shiba Inu (SHIB) is witnessing a significant shift on centralized exchanges, as fresh on-chain data reveals that the meme coin’s reserves have plunged below the $1 billion mark following a massive withdrawal spree. While this decline may seem concerning at first glance, historical trends suggest that such large-scale withdrawals often indicate a shift from selling…
Shiba Inu has spent the past several days trading in a downward path after a failed breakout attempt above $0.000015 earlier this month. Despite the cautious sentiment among investors, Shiba Inu’s chart structure on the 2-day candlestick timeframe is pointing to an interesting structure. Related Reading A technical analysis by crypto analyst Jonathan Carter highlights…
XRP’s burn mechanism, which is a long-term supply control feature of the network, is now facing serious questions after daily burns are now at almost zero. Particularly, on-chain metrics from CryptoQuant show that the once-active burn activity that removed thousands of coins per day from circulation has virtually disappeared in recent weeks. This collapse in…
Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging…