Shiba Inu is burning its tokens by the millions, traders are getting excited, the price is taking a nap: what if this crypto hasn't said its last word yet?
The figure is attention-grabbing: 65% of Shiba Inu (SHIB) holders are currently recording losses. This observation, derived from the latest on-chain data, occurs during a marked correction phase for cryptocurrencies with a strong speculative component. Boosted yesterday by the viral excitement of memecoins, SHIB now reflects the uncertainties of a market where the community is no longer enough to support the price.
Mass withdrawals, spontaneous combustion, and the dream of billions: Shiba Inu is playing the big bluff of the memecoin that would like to become a serious crypto… without losing its marketing flair.
The so-called "meme" cryptos never promised the moon, but for a time, they managed to make us believe it. Today, Dogecoin and Shiba Inu are stumbling, out of breath from their own speculative madness. And while the jokes age, the charts are no longer laughing. The time has come to ask: is the market turning the page on these cryptos? Or is it just a simple dip in an increasingly difficult cycle to follow?
Stuck under 533 trillion SHIB, Shiba Inu is holding back. But if Bitcoin soars, the little crypto dog might just bite off a big chunk of the market!
The memecoin Shiba Inu (SHIB) is showing encouraging signs of recovery with an 8.6% growth over the past seven days. While Bitcoin continues to lead the bullish cryptocurrency market, SHIB is attempting to break through a major technical resistance that could determine its trajectory for the weeks to come.
While Bitcoin is breaking records at $90,000, it’s Ripple that is thriving in Indian wallets: less noble, but evidently more playful. And the memecoins are having a laugh too.
Shiba Inu stagnates under pressure, its fall is imminent. Bitcoin absorbs investors, and SHIB, with its anemic volume, could lose a zero in value if no change occurs.
Behind the overwhelming losses of SHIB wallets, the infrastructure still roars. Between discouragement and rumors of resurgence, the ecosystem slowly burns, ready to reignite the speculative flames.
The Shiba Inu ecosystem is about to reach a historic milestone. The Shibarium blockchain, a layer 2 solution dedicated to this crypto universe, is nearing the billion transactions mark. At the time these lines are written, the counter shows more than 992 million transactions, with a daily rate exceeding 3.8 million. Just a few more days, and Shibarium will make history.
Cathie Wood cuts to the chase: memecoins are nothing but illusion and speculation. A dizzying plunge is looming, leaving behind only ruins and disillusionment.
They were said to be dead, those brave SHIB. But the team is barking, burning tokens in batches and preparing a revenge that could bite much harder than expected. It's going to bleed!
The wandering dog of crypto seeks refuge, torn between a heavenly ascent and an abyssal fall, as the market oracles whisper uncertain prophecies.
The collapse of Shibarium hits Shiba Inu like a thunderclap: 96% fewer transactions, a wreck for the meme crypto, taking with it the hopes of investors.
The Shiba Inu is playing hide and seek with traders: a dizzying drop, a rebound in sight, and whales gorging themselves in the background. Ready for the roller coaster?
Shiba Inu is plunging, traders are panicking, and liquidations are pouring in. A crypto tragedy worthy of a soap opera, except this time, it's the wallet that is crying.
The cryptosphere is going through a period of uncertainty marked by sustained volatility in the markets. Among the most monitored assets, Shiba Inu (SHIB) particularly draws attention. This memecoin, often compared to Dogecoin, is at the heart of an intense mobilization of its community, which recently burned over 66 million tokens to reduce the circulating supply. Despite these efforts, the price of SHIB has plunged, highlighting the limits of token burn mechanisms in the face of market forces. This situation raises questions about the effectiveness of these strategies in a complex economic context.
Under the spotlight of speculation, memecoins attract and terrify. Solana leads the dance, Coinbase follows, while traders oscillate between golden dreams and cold sweats.
After lounging at the edge of the abyss, the Shiba Inu aims for a dazzling peak. 235%, they say. Numbers that dance, but will reality follow?
The sharp-toothed memecoin bites into blockchain innovation with Chainlink, flirting with 12 chains in a disconcertingly elegant technological dance.
Since its rapid rise on the crypto scene as an iconic memecoin, Shiba Inu (SHIB) has established itself as a key player in this universe. This token, often seen as a lucrative opportunity by investors, seemed until now to capitalize on the enthusiasm of its community. However, the recent drop in its price constitutes an unexpected event. After reaching a spectacular peak, SHIB is undergoing a correction phase that raises questions about its long-term viability. Thus, the current situation highlights the fragility of market dynamics surrounding community tokens and prompts reflection on the challenges facing the Shiba Inu ecosystem, despite the unwavering support of its followers.
On December 10, several memecoins, including Dogecoin (DOGE), Shiba Inu (SHIB), and Dogwifhat (WIF), experienced significant declines, wiping out much of the gains made during the recent rally inspired by Donald Trump. This drop brought the total market capitalization of the crypto memecoin market to a three-week low of $119.6 billion.
With XRP soaring, Ethereum galloping, and the Fed squawking, the week promises to be as unpredictable as a night market. Watch out for the jolts!
What if reducing a part of yourself to nothingness was the key to shining even more? This is the bold bet that Shiba Inu is making by destroying 2 billion SHIB tokens in a week. Behind this spectacular fire lies a calculated strategy to redefine the place of this meme coin in the crypto ecosystem. But will this flashy move be enough to transform this popular token into an essential player?
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When Shiba Inu (SHIB) first emerged as a meme coin, few imagined it would evolve into a complex and innovative crypto ecosystem. Yet, the team behind SHIB once again proves their ability to surprise, especially with the recent launch of ShibDev, a portal dedicated to developers. ShibDev: A springboard for…
Memecoins in free fall, Shiba Inu grits its teeth to stay afloat. Not the time to stumble!