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Shiba Inu

Shiba Inu coin was created anonymously in August 2020 under the pseudonym "Ryoshi." According to its whitepaper, Shiba Inu was created with the intention of creating a "100% community-led" cryptocurrency. Shiba Inu aims to be the Ethereum-based counterpart to Dogecoin's Srypt-based mining algorithm. Shiba Inu is widely considered to be a "memecoin" due to its high volatility and network effect, driven by influential commentators like Tesla CEO Elon Musk.

‘Dogecoin Killer' Shiba Inu (CRYPTO: SHIB) is demonstrating resilience with a 1% gain amid a notable surge in its daily transactions and whale activities. The Shib community and analysts anticipate positive momentum for the token.

Shiba Inu Spikes 516% In Daily Transactions, 220% For Whales: Trader Says 'SHIB History Repeats Itself'

Dogecoin

Solana

A crypto strategist who accurately called the latest Bitcoin (BTC) correction says the top meme token Shiba Inu (SHIB) may be mirroring a pattern last seen during the 2021 bull market.

Trader Says Shiba Inu May Be Repeating 2021 Bull Market Pattern, Updates Outlook on Solana and Dogecoin

Shiba Inu (SHIB) prices have risen to a high of $0.00004552 before falling again. Price analysis by Coinidol.com.

Shiba Inu Starts A Horizontal Trend And Reaches A High Of $0.00004500

Meme coin Shiba Inu (CRYPTO: SHIB), the world's second-biggest meme cryptocurrency, has seen a significant surge in SHIB tokens permanently removed from circulation, marking a notable milestone in its journey. Despite recent market downturns, SHIB's price is on a path to recovery, showcasing the resilient spirit of its community.

Shiba Inu Burn Intensifies, Millions Of Tokens Destroyed: 'If Someone Can Pull Miracle Recovery It's SHIB'

Floki Inu (CRYPTO: FLOKI) witnessed a 75% rally earlier in the day after the meme coins returned riding on the back of a Bitcoin rally. While the token entered a sports partnership, analysts are bullish for the future.

'Golden Bull' Floki's 75% Single Day Rally Leaves Dogecoin, Shiba Inu Behind: 'Casual 10x Incoming,' Says Trader

Using a misspelling of U.S. President Joe Biden's name, meme coin Jeo Boden (CRYPTO: BODEN) is trading 48% higher in the past 24 hours with a 65% surge in trading volumes. What Happened: Based on DEXScreener data, the Jeo Boden meme coin boasts of $1.9 million in liquidity and a market capitalization of $160 million.

Biden-Inspired 'Jeo Boden' Meme Coin Leaves Behind Dogecoin, Shiba Inu In Monthly Gains, 'Relevancy Increases' On Election Narratives Says Trader

Shiba Inu (CRYPTO: SHIB) is trading 5% higher as meme coin market capitalization stands 15.8% higher in the past 24 hours. The token, nicknamed “Dogecoin Killer,” is seeing a surge in short-term holders and whale transactions.

'Dogecoin Killer' Shiba Inu Up 5% On Whale Acquisitions, Rising Short-Term Hodlers, Community Expects 'Much Wows Incoming'

While Shiba Inu (CRYPTO: SHIB) is experiencing a 5% drop in trade amidst the overall decline in the meme coin market, Shibarium's meme coin DAMN (Sol Killer) reported significant gains. What Happened: Shibarium's newly launched meme coin, DAMN, quickly gained attention as one of the hottest coins on the market tracker DEXTools.

Shiba Inu Blockchain Shibarium's Meme Coin DAMN Leads Board With 22% Single Day Gains, Active Accounts Spike 1059%

The ‘Dogecoin Killer' Shiba Inu (CRYPTO: SHIB) is back on track with its surging burn rates, and some traders are accumulating the meme coin, reflecting positive investor sentiment. What Happened: According to data from Shibburn, Shiba Inu currently boasts a 2,889.5% burn rate.

'Dogecoin Killer' Shiba Inu Burn Rate Skyrockets 2,289%, As Unknown Whale Hoards $14M In SHIB

Nearly 30 million Shiba Inu (CRYPTO: SHIB) tokens have been permanently removed from circulation. This move comes amidst a significant price correction for the meme coin, which saw a sharp decline following a recent peak.

Shiba Inu Burn Intensifies Amid Dramatic Market Downturn

Based on the most recent data, the meme cryptocurrency shiba inu has witnessed 410 trillion tokens burned, translating to approximately 41% of its entire circulation. Concurrently, the digital asset has experienced a recent price revival over the last four weeks.

Despite Recent Dip, Meme Coin Shiba Inu Marks 177% Monthly Growth

Shiba Inu (CRYPTO: SHIB) is back on track with a burn rate 933% surge and an 8% increase in daily active addresses. Analysts remain bullish on the meme coin despite a recent drop.

'Dogecoin Killer' Shiba Inu Burn Rate Defies Market Action With 933% Surge, Daily Active Addresses Spike By 8%

Coinbase's meme cat, Toshi (CRYPTO: TOSHI) is up 39.3% in the past 24 hours, pushing its monthly gains to 121.6% and leaving other trending memecoins like Dogwifhat, Pepe and Bonk behind. What Happened: On March 7, Toshi proposed to allow users to decide whether the sales tax will be removed or kept until the treasury, currently sitting at 500 ETH, hits 1000 ETH.

Toshi Leaves Dogecoin, Shiba Inu Behind With 39% Gain: Trader Thinks Meme Coin Is Undervalued

Shiba Inu (CRYPTO: SHIB), despite a flat weekly performance, is attracting bullish sentiment. What Happened: The dog-themed meme coin is seeing an increase in whale transactions and significant trading volumes, according to U Today, citing IntoTheBlock data.

Shiba Inu May Have 'Another 147%' Upside Coming, Analyst Says As $31B Trading Volumes Overshadow Dogecoin

Myro (CRYPTO: MYRO) is up 31% in the past 24 hours, buoyed by recent listings over the last week, with analysts optimistic about the token's prospects. What Happened: On March 12, Uphold, a multi-asset digital money platform used widely across the U.S., announced that Myro will now be available on its platform.

'Shiba Inu Of Solana' Myro Bites Off 31% One-Day Gain: 'God Candle Coming Soon,' Says Trader

The two leading meme coins Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) have recorded monthly gains of 109% and 238%, respectively. However, their gains pale in comparison to other dog coins, frog coins or cat coins.

Why Can't Dogecoin And Shiba Inu Keep Up With Other Meme Coins?

Despite Shiba Inu's price currently dropping 5.7% in a single day and jeopardizing growth, the Shib community states that Shiboshi non-fungible tokens (NFTs) are like a passive income for life. What Happened: Data from IntoTheBlock indicates a sudden spike in Shiba Inu whale transactions to 923 (17.6 trillion SHIB) as of March 11 compared to 588 transactions (5.74 trillion SHIB) as of March 10.

'Dogecoin Killer' Shiba Inu Witnesses 6.84M Tokens Shifted To Coinbase, Binance: Rep Touts Shiboshi As 'Passive Income For Life'

A newly emerged memecoin branded after the viral X influencer NFTNick rallied 1,136% in the past three days. The token was created three days ago and riding on the back of NFTNick's X community popularity.

Viral NFTNick Kicks Dogecoin, Shiba Inu Out Of The Spotlight With 1,136% Gains Backed By 'Choose Rich' Catchphrase

Bitcoin

Ether

Pepe

Tesla investor Ross Gerber took to X, formerly Twitter, to caution the younger generation about the pitfalls of investing in lesser-known cryptocurrencies, commonly referred to as “sh*tcoins.” What Happened: On Monday, Gerber took to X and urged them to focus on established cryptocurrencies like Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), referring to them as the king and queen of the crypto world.

Tesla Bull Says Don't Fall For 'Sh*tcoins' Like DOGE, SHIB, PEPE: 'Stick To The King, Bitcoin. Or Queen, ETH'

Bitcoin ETF inflows could lead to a “sell-side” crisis in the coming months, one market observer said.

DOGE, SHIB Rally Eases as Bitcoin Bullishness Remains 'Elevated'

In February, crypto phishers managed to steal a staggering $47 million, primarily through fake accounts on Elon Musk‘s social media platform X. These scams, related to Bitcoin, Dogecoin (CRYPTO: DOGE), Shiba Inu (CRYPTO: SHIB), and other cryptocurrencies, resulted in over 57,000 victims falling prey to these schemes.

Staggering $47M Stolen In Crypto By Bitcoin, Dogecoin And Shiba Inu Phishers In February, Targeting 57K Victims On Elon Musk's X

Shiba Inu (CRYPTO: SHIB) could not spur a rally last week despite whale movements and recent token burns. What Happened: Etherscan data indicated a movement of 2 trillion Shiba Inu tokens, worth $78.5 million, between hot wallets of the Crypto.com exchange.

Shiba Inu TVL Peaks At $2.25M As 2 Trillion SHIB Tokens Move Between Exchange's Hot Wallets

In the first two months of 2024, the cryptocurrency community has been hit with a staggering $104 million in losses due to phishing incidents. The majority of the victims were Ethereum (CRYPTO: ETH) users, who accounted for $78 million of the losses.

Crypto Community Lost Staggering $104M In Bitcoin, Dogecoin, Shiba Inu Phishing Scams In 2024: Ethereum Users Hit The Hardest

The price of Shiba Inu (SHIB) is still above the moving average lines, but the uptrend has stopped at $0.00004500 on March 5, 2024.

Shiba Inu Price Rally Ends And Drops

Crypto analyst Ali Martinez has identified a crucial pattern for Shiba Inu (CRYPTO: SHIB) on the coin's 4-hour chart, suggesting a significant price movement could be imminent, provided it could carry out a “sustained close” above the $0.000038 resistance. What Happened: On Sunday, Ali Martinez highlighted a technical formation for SHIB.

News for Shiba Inu Crypto (SHIB)