tldrdaily.news logo
Tag

Shib

All articles tagged with #shib

cryptocurrency7 months ago

Massive Whale Movement Sparks Shiba Inu Price Uncertainty

A dormant whale moved 100.45 billion SHIB to Binance amid declining retail interest and rising whale exits, raising concerns about a potential further price drop. SHIB remains near a key demand zone, but bearish momentum, increased short interest, and reduced retail participation suggest the token could face further downside unless buyers step in. The market's next move depends on whether SHIB can hold its support levels or break below them.

via AMBCrypto|
#cryptocurrency#market-sentiment#price-analysis
cryptocurrency7 months ago

Shiba Inu's Price Outlook and Whale Activity Amid Market Uncertainty

Despite a recent 7.5% drop and a potential 18% decline if support levels are broken, whales are actively buying the dip in Shiba Inu, indicating they may know something about future gains. Retail investors are exiting, while whale transactions surge, suggesting a possible upcoming reversal if key support holds. Technical analysis shows a downtrend with increased short positions, but a rebound is possible if SHIB sustains above critical support levels.

via AMBCrypto|
#cryptocurrency#market-volatility#price-prediction
cryptocurrency1 year ago

"Shiba Inu (SHIB) Set for Major Reset"

Shiba Inu (SHIB) is entering a new weekly market cycle, showing consistent volume patterns with spikes at the beginning of each week. Currently trading at $0.00002446, SHIB remains above the 50-day Exponential Moving Average, indicating bullish sentiment. On-chain data reveals that 60% of holders are in profit, and 73% of SHIB tokens are held by large whales, suggesting they may influence price movements. The general market sentiment for SHIB is positive, supported by on-chain and exchange indicators.

via U.Today|
#cryptocurrency#market-cycle#on-chain-data
cryptocurrency1 year ago

Shibarium Nears 5 Million Blocks, Boosting Shiba Inu Prospects

Shibarium, the layer-2 blockchain of the Shiba Inu ecosystem, is nearing 5 million blocks, indicating increased validator activity. However, SHIB's price remains stagnant at $0.000024, and network activity has declined, with fewer transactions and new addresses. Despite a slight increase in the price of Bone ShibaSwap (BONE), Shibarium's Total Value Locked (TVL) has decreased, suggesting limited market confidence in the blockchain's potential for gains.

via AMBCrypto News|
#blockchain#cryptocurrency#shib
cryptocurrency1 year ago

Dogwifhat Memecoin Rollercoaster: WIF Rises 3% While SHIB Drops 7%

WIF experienced a 3% price rise while SHIB dropped 7% in the last 24 hours, with WIF's social volume remaining higher than SHIB's. WIF's recovery looks promising, with potential targets of $3.9 and beyond, but selling pressure is increasing. On the other hand, SHIB's metrics are bearish, with its MVRV ratio dropping and NVT Ratio spiking, suggesting overvaluation and potential further price decline.

via AMBCrypto News|
#cryptocurrency#market-analysis#meme-coins
cryptocurrency1 year ago

Shiba Inu's Shibarium Skyrockets Amid Celebrity-Powered Surge

The Shiba Inu team's official marketing specialist, Lucie, has expressed determination to see Shibarium reach the top of the cryptocurrency market, regardless of changes in team partnerships. Meanwhile, Shibarium transactions have surged, with a 5,027% increase in daily transactions, and close to 260 million SHIB coins have been burned in the past week to reduce circulating supply.

via U.Today|
#cryptocurrency#cryptocurrency-market#lucie
cryptocurrency1 year ago

"Meme Coin Meltdown: Is It Time to Sell SHIB, WIF, and PEPE?"

The memecoin sector, including SHIB, WIF, and PEPE, experienced significant losses following a market-wide depreciation triggered by Bitcoin's fall. WIF saw the largest decline at 21.33%, while SHIB and PEPE dropped by 12.50% and 19.23% respectively. WIF dominated social media activity, while sentiment for SHIB and PEPE remained relatively positive. However, traders were bearish towards PEPE, with 52% taking short positions. The future of memecoins depends on their ability to gain popularity and attention on social media.

via AMBCrypto News|
#cryptocurrency#market-correction#memecoin
cryptocurrency1 year ago

Shiba Inu's Price Surge: What's Next?

The Shiba Inu cryptocurrency has seen a 7.4% surge, reclaiming its position above $0.000028, sparking discussions about its potential to reach $0.000045. However, 58 trillion SHIB, accounting for 9.84% of the total circulating volume, are concentrated between the current price and the desired milestone, presenting a significant obstacle to its upward trajectory. Overcoming this barrier is crucial for substantial price appreciation, and as speculation heightens, the future of Shiba Inu remains uncertain.

via U.Today|
#cryptocurrency#market-analysis#price-prediction
cryptocurrency1 year ago

Shiba Inu's Volatile Trajectory: Price Predictions and Speculation Explained

Shiba Inu (SHIB) has experienced a significant increase in its token burn rate, with over 24.2 million tokens burned in the last 24 hours, marking a 61.02% surge. The community's active participation in burning tokens has led to around 410.7 trillion tokens being removed from the initial supply, indicating a commitment to the ecosystem. This surge in burn rate has coincided with a 3.18% increase in SHIB's price, hinting at a potential trend reversal, although market participants may wait for the Bitcoin halving event before major price movements are seen.

via U.Today|
#cryptocurrency#price-outlook#shib
cryptocurrency1 year ago

SHIB Burn Rate Soars 162% Amid Impending Price Surge

The burn rate for SHIB has surged by 162.85% with over 16 million Shiba Inu coins burned in the last 24 hours, while the SHIB price attempted a breakout but ultimately declined. Analysts and SHIB team members anticipate a new all-time high for SHIB after the upcoming Bitcoin halving, with expectations of reaching over $0.001. Additionally, Shibarium has achieved a new milestone with over 413 million transactions and 1.3 million linked wallets.

via U.Today|
#bitcoin-halving#cryptocurrency#shib
cryptocurrency1 year ago

Altcoin Price Predictions: What's Ahead for SHIB, DOGE, and BONK?

Despite significant declines in memecoin prices over the last week, Shiba Inu (SHIB), Dogecoin (DOGE), and BONK have seen slight appreciation in the last 24 hours. Social dominance measures indicate increased attention on these coins, potentially leading to higher volatility. On-chain analysis suggests potential short-term surges, with SHIB possibly reaching $0.000030, DOGE retesting $0.20, and BONK jumping to $0.000024. However, the Relative Strength Index (RSI) and declining volumes may challenge the bullish bias, making the weekend price predictions uncertain.

via AMBCrypto News|
#bonk#cryptocurrency#cryptocurrency-prices
cryptocurrency1 year ago

"Predicting the Impact of the Next Bitcoin Halving on SHIB and DOGE Prices"

The upcoming Bitcoin halving is expected to impact the cryptocurrency market, potentially leading to a sustainable increase in Bitcoin's price due to high demand. This could also affect meme coins like SHIB and DOGE, with predictions suggesting a potential spike in their prices during the halving event. While DOGE may see a 5x surge to $1, SHIB predictions indicate a more modest 40% increase in the next few weeks and up to 300% in the following months. However, the crypto market's volatility and the enhanced price fluctuations associated with meme coins should make investors cautious.

via CryptoPotato|
#bitcoin#bitcoin-halving#cryptocurrency
cryptocurrency1 year ago

Shiba Inu's Golden Pocket: A Forecast for 2024

Shiba Inu's price has experienced a 40% drop over eighteen days, with on-chain metrics indicating a consolidation phase and a potential retracement to the Fibonacci golden pocket. Despite the recent downtrend, bullish long-term outlook and on-chain accumulation suggest a possible range formation before a potential bullish reaction. However, this information does not constitute financial advice and is solely the writer’s opinion.

via AMBCrypto News|
#cryptocurrency#market-trends#shib