July and August have been quite successful for the self-proclaimed Dogecoin killer, with its price closing both months in the green. Nonetheless, certain important elements suggest that September may not be as beneficial and could deliver a move south. The Worrying Signals The first concerning element on the list is Shiba Inu’s burn rate, which […]
The meme coin niche has been one of the biggest beneficiaries of the latest market pump, with Shiba Inu (SHIB) standing out as a prime example. The price of the self-proclaimed Dogecoin killer has climbed to a three-month peak, and some industry participants believe there is still plenty of room for further growth. However, certain […]
The SHIB team and community have scorched billions of tokens in the past month. The resurgence of the burning program has coincided with the positive performance of the self-proclaimed Dogecoin killer, whose price has jumped by 10% within that period. Big Burn, But There’s a Catch The X account Shibburn revealed that over 3.2 billion […]
In another relatively boring and uneventful trading day during the weekend, in which most cryptocurrencies have remained sideways, the second-largest meme coin by market cap exploded in a rare reminder of what the niche used to do a few years ago. Some of the potential reasons behind this massive surge seem to be related to […]
The team behind the popular meme coin tried to settle an interesting competition, but instead became the subject of criticism from its community. SHIB’s price has finally rebounded, while several bullish factors suggest a much more substantial rally could be on the horizon. The SHIB Army Demands Action Inspired by Spain’s victory in the FIFA […]
The meme coin remains stuck in a heavy downtrend caused by the prolonged bear market and other negative factors. Despite the grim conditions, Shiba Inu’s holders base continues to rise, recently reaching a new all-time high. The New Record The total number of SHIB wallets has been rising slowly recently, but at the beginning of […]
The cryptocurrency market has staged an evident rebound over the past 24 hours, with Bitcoin (BTC) rising by 4% and Solana (SOL) surging by 9%. MemeCore (M), though, has outperformed all top 100 digital assets by skyrocketing 80% in a single day. Following the rally, it has become the third-biggest meme coin and could soon […]
It was late 2021 when the self-proclaimed Dogecoin killer shocked the crypto world with a massive price surge, pushing its market capitalization above $40 billion. However, that peak was short-lived, and Shiba Inu headed south before staging an evident resurgence in 2024 (though it did not reach its historical peak). The past year has been […]
The team behind Shiba Inu unveiled certain ecosystem updates that may favor the bulls. Despite the progress, the token has underperformed lately and is no longer the second-largest meme coin. The New Record Earlier this week, Shibarium’s X account revealed that the total number of SHIB holders has surged by 1,100 in a single day, […]
While the second-largest meme coin has been stuck in a prolonged downtrend over the past several months, some market observers believe the price may stage an impressive comeback soon. Certain on-chain factors reinforce the bullish scenario, whereas stalled activity on Shibarium suggests the bears might not give up easily. SHIB to Skyrocket? As of press […]