Shiba Inu (SHIB) experienced a massive deflation event with its token burn rate increasing by 5,223% in 24 hours, resulting in 401 million tokens permanently removed from circulation. This surge coincided with a nearly 40% price jump and $700 million in trading volume, pushing SHIB's market cap to over $3.17 billion and ranking it around 25th globally. Despite the dramatic burn figures, the impact on price is minimal due to SHIB's enormous total supply. The burn spike was driven by heightened trading activity, which also fueled price momentum, leaving investors watching to see if the rally will continue or if profit-taking will bring prices down.
More than 1.16 trillion Shiba Inu (SHIB) tokens were transferred out of Coinbase-linked wallets in a rapid series of large moves, likely internal rebalancing rather than market selling or buying. Despite the massive transfer, SHIB's price stayed near...
The memecoin market cap surged 13% to $25 billion in 24 hours, with PEPE rising over 12%, second only to Shiba Inu's 30% gain. PEPE's price tested a key resistance level linked to a bullish pattern, supported by increasing transaction volume and inst...
Shiba Inu (SHIB) jumped nearly 40% in two days, re-entering the top 25 cryptocurrencies mainly due to a whale-driven liquidity squeeze, with 802 wallets controlling 94.7% of supply. The rally faces resistance near $3.5 billion market cap and the 200-...
Shiba Inu experienced a massive inflow of about 2.4 trillion SHIB tokens into exchange wallets within 24 hours, coinciding with a price jump from $0.0000042 to $0.0000054. This surge was not caused by a single whale but rather by multiple traders, ma...
Bitcoin remained above $66,000 as U.S. Senate Republicans introduced an updated CLARITY Act draft restricting crypto sponsorship by senior officials until 2029. While Bitcoin and Ethereum ETFs saw net inflows, some meme coins like Shiba Inu and BONK ...
