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Crypto-News-Flash

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SHIB Burn Rate Soars—Will Shiba Inu Price Follow With 81% Gains?

  • A total of 410,745,405,123,635 SHIB has been burned in 24 hours, reducing the available supply.
  • SHIB price has seen minimal impact from the burn, with slight declines across trading periods.
  • Analysts suggest SHIB is breaking out of a falling wedge pattern and may surge by 81%.
  • Massive engagement on the SHIB network with significant increase in large transaction volumes.

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TechBullion

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Missed PEPE & SHIB? This Crypto Presale Could Be the Next 1000x Crypto!

  • BlockchainFX is a community-governed trading ecosystem shaping asset management and trading in the digital age.
  • The platform allows users to switch between asset classes swiftly and efficiently, providing a hedge against market volatility.
  • Passive income rewards system redistributes 70% of trading fees back to users in the form of $BFX and USDT.
  • BlockchainFX offers AI copy trading and staking, enabling users to replicate experienced traders' strategies and enhance potential earnings.

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Bitcoinist

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Here’s Why The Dogecoin And Shiba Inu Prices Are In The Green Today

  • Dogecoin and Shiba Inu prices have surged in the last 24 hours, following the US Federal Reserve hinting at easing monetary policies.
  • The US Federal Reserve's announcement of slowing the balance sheet runoff could pave the way for quantitative easing, boosting investors' confidence in meme coins.
  • Ripple's announcement of the SEC dropping the lawsuit is also contributing to the price surge, with Dogecoin and Shiba Inu rallying alongside XRP.
  • The launch of CFTC-regulated XRP Futures by Bitnomial could attract institutional funds, leading to a positive outlook for Dogecoin and Shiba Inu prices.

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TronWeekly

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SHIB Burns Surge 857% as 551M Coins Destroyed, But Price Stalls

  • The SHIB burn rate increased by 857% in the past week, removing over 551 million SHIB from circulation.
  • The largest burn occurred on March 15, when 459.2 million SHIB were destroyed in a single transaction.
  • Despite the increase in burns, the SHIB price showed only a modest 4% recovery, raising questions about its long-term impact.
  • Shibarium, the layer-2 blockchain solution of SHIB, plays a role in the burn operations by applying fees paid through transactions.

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Zycrypto

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Shiba Inu Whales Moving Trillions Of SHIB — Will $0.0003 Price Be The Next Stop?

  • Shiba Inu (SHIB) has seen a surge in whale activity, with large transactions totaling 2.79 trillion SHIB worth $76.48 million.
  • Despite the increase in whale activity, SHIB's transaction volumes have declined, hinting at caution among retail investors.
  • The price of SHIB has found support above its 50-day moving average, but faces resistance at $0.000012. The next key level for SHIB is $0.0000283.
  • The market for SHIB is currently in a consolidation phase, with the 1-day RSI indicating a neutral state and the MACD line suggesting short-term selling pressure.

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Cryptoticker

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SHIB vs DOGE: Can One of Them Make You a Millionaire?

  • Meme coins Shiba Inu (SHIB) and Dogecoin (DOGE) dominate speculative trading in the crypto market.
  • Dogecoin price shows signs of stabilization, with a potential for a reversal if sentiment shifts and accumulation increases.
  • Shiba Inu price has room for recovery, with potential bullish divergence and ecosystem developments driving renewed interest.
  • Dogecoin benefits from mainstream adoption and billionaire endorsements, while Shiba Inu has a more active development team and growing ecosystem.

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Bitcoinist

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Shiba Inu Price Ready To Bounce Off 3.5 Year Triangle For 660% Surge Toward ATH

  • Crypto analyst, The Cryptagon, predicts a bullish outlook for Shiba Inu price as it bounces off an ascending triangle.
  • The Shiba Inu price could rally to its all-time high (ATH) and possibly surpass it, representing about a 700% increase.
  • Other analysts, such as Javon Marks, also project a significant rally for Shiba Inu, with a target price range of $0.000081.
  • However, a bearish case suggests that if the price fails to break above $0.00001260, it could dip towards $0.00001220.

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Crypto-News-Flash

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Shiba Inu Sets New Record – 1.5M SHIB Holders & 10M Blocks on Shibarium

  • The Shiba Inu ecosystem has reached 1.5 million holders and surpassed 10 million blocks on Shibarium.
  • The number of Shiba Inu holders has continued to grow, with 843 additional addresses joining the ecosystem.
  • Shibarium has processed 10,013,845 blocks, demonstrating high network reliability and longevity.
  • Shibarium has facilitated the burn of over 713 million SHIB tokens, reinforcing its role in SHIB’s long-term deflationary strategy.

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Zycrypto

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Shiba Inu Team Reaches Out to Elon Musk To Showcase 4 Years Of Progress for SHIB

  • Shiba Inu's lead marketing strategist reaches out to Elon Musk to showcase the progress made by SHIB over the past four years.
  • Shiba Inu has transformed from a meme coin to a utility-driven cryptocurrency through key milestones and developments.
  • Highlights include the implementation of Shibarium, a Layer-2 blockchain, successful gaming ventures, major partnerships, and the introduction of Shib OS.
  • The Shiba Inu team aims to capture Musk's attention and differentiate SHIB as a technologically advanced project with real-world applications.

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TronWeekly

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Shiba Inu (SHIB) Eyes $0.00001320 as Bullish Momentum Gains Strength

  • Shiba Inu ($SHIB) trades at $0.00001263, surpassing $0.00001260 resistance; next target is $0.00001280–$0.00001320.
  • RSI at 50.04, and MACD crossover signal potential bullish breakout.
  • Shibarium upgrade introduces Pump Token and simplified token creation, enhancing ecosystem growth potential.
  • Shiba Inu (SHIB) holding steady near $0.00001263, forming a Falling Wedge pattern, indicating bullish reversals, and showing resilience in the market.

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TronWeekly

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Shiba Inu’s Early Whales Still Driving Market Trends, Report Shows

  • Shiba Inu started the week with a surge, but quickly fell, down 3.17%.
  • Early Shiba Inu whales influence price swings, with Glassnode tracking their trading patterns.
  • Key indicators suggest whales took profits after peaks, affecting the market.
  • Early investors' movements in Shiba Inu foreshadow market sentiment and price direction.

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Crypto-News-Flash

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Hey Elon, Here’s What Shiba Inu Built: 5 Major Milestones

  • Shiba Inu (SHIB) has transformed into a robust crypto ecosystem with a strong community backing it.
  • Shiba Inu launched Shibarium, a Layer-2 blockchain solution to enhance transaction speed and reduce fees.
  • Shiba Inu has expanded into gaming and the metaverse, including the development of SHIB: The Metaverse.
  • Shiba Inu has formed strategic partnerships with Chainlink, the UAE Ministry of Energy and Infrastructure, and Zama.ai.

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Newsbtc

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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, signaling a potential trend reversal for SHIB.
  • Buyers are showing renewed interest in SHIB, with increased trading volume and an uptrend indicating a shift in market sentiment.
  • A decisive breakout above the 100-day moving average could trigger an extended rally, targeting higher resistance levels.
  • Key support zones at the 100-day moving average and $0.00001272 will be crucial in determining the sustainability of the bullish trend.

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Crypto-News-Flash

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Shiba Inu Makes Shibarium Token Launches Simpler with Latest Upgrade

  • The Shiba Inu Shibarium upgrade aims to simplify token launches.
  • The upgrade introduces features like Pump Token and simplified token creation tool on the Layer-2 network.
  • Pump Token allows users to explore and vote for newly created tokens, giving them early access and benefit potential.
  • The simplified token creation tool enables easy deployment of new tokens, increasing accessibility within the Shiba Inu ecosystem.

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TronWeekly

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Shiba Inu’s Big Bet: Shibarium Upgrade to Simplify Token Launches with Game-Changing Features

  • Shiba Inu's team plans a Shibarium upgrade to simplify and accelerate token launches.
  • New features include Pump Token for voting and a tool for easy token creation.
  • The upgrade aims to boost Shibarium's adoption and innovation.
  • The upgrade will make it easier for users to create, invest in, and discover new tokens on the Layer-2 blockchain.

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