Shiba Inu (SHIB) has fallen 10% over the past week amid a broader crypto market selloff driven by inflation concerns and fears of Federal Reserve rate hikes. The token recently confirmed a bearish short-term death cross on its 2-hour chart, where the 50-day moving average crossed below the 200-day moving average, signaling potential further declines. SHIB also lost key support below the $0.000006 level and its daily 50 moving average, levels it had held since mid-April. Investors will watch closely to see if SHIB can regain these supports as momentum indicators approach oversold territory.
Shiba Inu holders have withdrawn almost 500 billion SHIB tokens from centralized exchanges, reducing the sell-side liquidity and easing market pressure. This shift indicates less short-term selling intent as more tokens move to private wallets or sta...
A crypto mentor revealed how one student turned a $30 Shiba Inu investment into $600,000 during the token's peak rally, highlighting the extreme gains possible in the meme coin boom. However, Shiba Inu's price has since dropped over 93% from its high...
Shiba Inu (SHIB) is approaching the critical 82 trillion token mark held on centralized exchanges, a level closely watched as it often signals increased sell pressure. While large token movements to exchanges typically indicate traders preparing to s...
Several cryptocurrencies, including Hyperliquid (HYPE), XRP, Toncoin (TON), Ethereum (ETH), and Shiba Inu (SHIB), are showing technical signs of potential recovery after periods of volatility. Hyperliquid leads with strong trend support and a rebound...
Shiba Inu (SHIB) has underperformed Dogecoin (DOGE) over the past month, dropping 4.4% while DOGE gained 3%. A recent spike in SHIB's burn rate by over 1,000% was driven by a single transaction burning 25 million SHIB tokens, with 198 million tokens ...
