Is Shiba Inu On Track To Dethrone Dogecoin? Here’s What The Experts Say
A recent poll indicates that financial experts remain skeptical if Shiba Inu is able to overtake Dogecoin in value. The poll, conducted by Finders, surveyed 14 finance experts for their opinion on whether SHIB will ever overtake DOGE in market capitalization. Their findings? A whopping 79% of the total participants believe that Shiba Inu will…
Shiba Inu’s Shibarium Marks 1 Billion Transactions Milestone, But Why Is SHIB Price Still Struggling?
Shiba Inu’s layer-2 network, Shibarium, has officially crossed one billion total transactions, a significant achievement for the ongoing push to expand beyond meme coin status. Shibarium’s growth stems from steady activity and the adoption of the layer-2 network within the broader Shiba Inu ecosystem. However, this major milestone hasn’t translated into positive momentum for SHIB’s…
Shiba Inu Smashes Records—1 Billion Transactions And Counting
The Layer-2 blockchain of a popular meme coin has achieved a remarkable feat processing over 1 billion transactions since its inception in 2023. The significant milestone attained by Shibarium, the Layer-2 blockchain of Shiba Inu, could be an indication of the growing adoption of the token within the cryptocurrency space. Shiba Inu Milestone: 1 Billion…
Shiba Inu Gains Momentum: SHIB Price Breaks Above 100-Day Moving Average, What’s Next?
Shiba Inu is gaining momentum as its price breaks above the critical 100-day moving average, a sign that bullish sentiment may be strengthening. This breakout marks an important shift in SHIB’s market structure. Historically, moving averages serve as dynamic support and resistance levels, and reclaiming the 100-day SMA often signals renewed upward potential. If SHIB…
Shiba Inu Bears Roar: Will SHIB Hit $0.00001272 Amid Market Sell-Off?
Shiba Inu is under mounting pressure, bringing the key $0.00001272 support level into focus. After multiple failed attempts to reclaim higher levels, sellers have tightened their grip, pushing SHIB toward a potential breakdown. The declining buying interest and growing bearish sentiment suggest that a decisive move below this support could open the door for a…
Shiba Inu Whale Activity Plunges 79% In Three Months — What’s Happening?
The meme coin market has seen a remarkable transformation in the past year, large-cap tokens like Dogecoin (DOGE) and Shiba Inu (SHIB) have managed to stay in the forefront. Specifically, the SHIB token has experienced impressive growth, increasing in value by roughly 65% in the past year. However, the current uncertain climate has not spared…
Dogecoin Open Interest Plunges 58%: How Do Shiba Inu & Pepe Compare?
Data shows the Dogecoin Open Interest has seen a large drop recently. Here’s how the trend has compared for Shiba Inu and other memecoins. Dogecoin Has Witnessed A Decline In Open Interest Recently In a new memecoins in the cryptocurrency sector. The “Open Interest” here refers to an indicator that keeps track of the total…
Shiba Inu Millionaire Numbers Fall Below 1,000 After Market Crash, How Much Do They Control?
The number of Shiba Inu millionaires continues to decline as the recent market crash puts a damper on holder’s profits. Notably, on-chain data reveals that the total number of Shiba Inu millionaires has fallen below 1,000. However, they still control a significant portion of the meme coin’s supply. SHIBMillionaires Drop Below 1,000 Following a broader…
Shiba Inu Price Eyes 250% Surge Amid Falling Wedge Breakout
Recent analysis reveals that the Shiba Inu price has formed a Falling Wedge pattern and is on the verge of breaking above it. Technical indicators suggest that SHIB could embark on a massive rally once this breakout occurs, as analysis predicts a price surge of over 250% in the coming months. Shiba Inu Price Gears…
Just 10 Holders Control 61.3% Of Shiba Inu Supply: How This Compares With Other Altcoins
On-chain data shows Shiba Inu has a high concentration of supply on its largest holders. Here’s how Ethereum and other altcoins compare. Top 10 Shiba Inu Wallets Control The Majority Of Supply In a new whales compares for four altcoins: Ethereum (ETH), Shiba Inu (SHIB), Chainlink (LINK), and Toncoin (TON). Below is the chart shared…