A single large address burned 85,795,990 Shiba Inu tokens, causing a major spike in the daily burn rate. Summary Shiba Inu saw a dramatic spike in daily burn rate. One whale was behind the large daily spike, burning 85 million SHIB. Still, the transaction is even the biggest burn in the last two weeks. Burn…
SHIB’s open interest just shed over $100 million in days, marking one of its steepest pullbacks since mid-July, after briefly peaking at $328 million. With Shibarium’s TVL dwindling and broader memecoin sentiment cooling, traders are questioning whether burns alone can reignite momentum. Summary Shiba Inu price fell nearly 9% this week amid a $100 million…
Shiba Inu price continued its strong rebound on Monday, July 21, as Ethereum and the burn rate soared. Shiba Inu (SHIB) token rose for seven consecutive days, reaching its highest level since May 23, and 55% from its lowest point this year. The token rally coincided with the ongoing surge in Ethereum (ETH). Ethereum soared…
Shiba Inu price crashed to a crucial support level this week, but technical indicators and whale accumulation suggest a potential bullish breakout may be on the way. Shiba Inu (SHIB) was trading at $0.0000115 on Saturday, a few points above this week’s low of $0.000010. It remains 35% below the highest level in May and…
The ongoing Bitcoin-led recovery is rippling through the broader crypto market, with improved investor sentiment driving gains across the altcoin and memecoin sectors. Bitcoin (BTC) has been on an upward trend over the past 24 hours, posting an approximate 4% gain that saw the crypto giant reclaim the $105,000 mark. As is typical in Bitcoin-led…
SHIB coin has been trading in a tight range on the daily timeframe, showing signs of a potential accumulation phase. With support holding and a possible double bottom forming, bulls may soon get their opportunity to drive price higher, if demand returns at key levels. SHIB (SHIB) has remained relatively flat on the daily chart,…
Shiba Inu price has already dropped 30% from its May high, and ongoing whale activity suggests further sell-off may be ahead this month. Shiba Inu (SHIB) has fallen from its May peak of $0.00001757 to $0.00001260, currently hovering at its lowest level since May 7. On-chain data reveals that whales have continued offloading their SHIB…
Shiba Inu is nearing a local technical bear market after falling by over 17% from its highest point this month. Shiba Inu (SHIB) was trading at $0.000014 on Sunday, with its 24-hour volume dwindling to $158 million. This volume is much lower than that of other popular meme coins like Dogecoin (DOGE), Pepe (PEPE), Official…
Meme coins have been thrust in the spotlight once again as the controversial MELANIA token makes headlines once again. A Fortune report shows a group of traders that bought millions of dollars worth of MELANIA gained nearly $100 million in profits by selling the meme coin at its peak. Dogecoin (DOGE), Shiba Inu (SHIB) and…
Shiba Inu hasn’t been in the best shape lately. Over the past year, the meme coin has dropped by around 40%. While things seemed to improve a bit for SHIB in April 2025, what’s next? Is Shiba Inu a good investment? What can we expect for the SHIB token this month? To stay up to…
