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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.

Shiba Inu (SHIB) prices have finally pulled back above the moving average lines after being rejected at a high of $0.00001759.

Shiba Inu Continues The Bullish Rise Above $0.00001430

SHIB's remarkable resilience during the recent trading session demonstrates growing investor confidence despite market turbulence.

SHIB Holds Strong Above Key Support as Volume Spikes Nearly 4x

Shiba Inu has displayed conflicting market indicators in recent trading sessions. The token initially demonstrated bullish momentum with significant volume support, but this quickly gave way to intense selling pressure.

SHIB Spikes Then Reverses Sharply as Whale Activity Turns Bearish

Bitcoin

Strategy Inc. (NASDAQ:MSTR) Chairman Michael Saylor used the classic DeLorean sports car and the science fiction film franchise “Back to the Future” to advocate for Bitcoin (CRYPTO: BTC) on Tuesday. What happened: Saylor is known for sharing AI-generated photos and videos of himself to advocate for the apex cryptocurrency.

Michael Saylor Drops 'Back To The Future' Reference To Promote Bitcoin, Shiba Inu Flaunts Its Own DeLorean Links

The Shiba Inu token has demonstrated remarkable resilience despite broader market volatility, successfully breaking through key resistance levels while maintaining position above all major moving averages, according to CoinDesk Research's technical analysis data model.

SHIB Jumps Nearly 7% as Bulls Break Through Resistance on Heavy Buying

Shiba Inu (CRYPTO: SHIB) has dropped 16% over the past seven days, but rising burn rates and large transaction activity hint at brewing potential under the surface. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Shiba Inu (CRYPTO: SHIB) $0.00001407 $8.3 billion -4% -16.2% Dogecoin (CRYPTO: DOGE) $0.2163 $32.3 billion -2.5% -10.7% Pepe (CRYPTO: PEPE) $0.00001267 $5.3 billion -3.9% -11.9% Trader Notes: Market commentator Joey Keasberry described Shiba Inu's technical setup as "extremely unusual or impressive.

Shiba Inu Sinks 16% In 7 Days: What Is Going On?

Nearly 23 million Shiba Inu (CRYPTO: SHIB) were kicked out of circulation Sunday, applying further deflationary pressure on the popular dog-themed meme coin. What happened: The burn rate exploded 588.22% in the last 24 hours, resulting in a supply squeeze of 22.94 million SHIB tokens, according to Shibburn, the coin's official burn tracker.

Shiba Inu's Burn Rate Fires 588%, Key Indicators Flash 'Buy' — What Up?

The cryptocurrency market is witnessing a significant downturn, with Shiba Inu (CRYPTO: SHIB) being notably impacted. As per a report, the market has seen liquidations worth $298 million in cryptocurrencies, with Shiba Inu's value declining by 5.81%.

25.74 Trillion Shiba Inu Stuck, As SHIB Trapped In Uncertainty Amid Market Downturn

The cryptocurrency market is feeling the effects of shifting global economic conditions as Shiba Inu (SHIB) faces significant downward pressure.

Shiba Inu (SHIB) Price Drops 7% in 24 Hours but Remains Up 25% Over the Past Month

Shiba Inu (CRYPTO: SHIB) is showing renewed bullish momentum as consistent token burns and growing adoption of the Shibarium Layer 2 network fuel speculation of an explosive leg higher. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Shiba Inu (CRYPTO: SHIB) $0.00001589 $9.4 billion +2% +23.6% Dogecoin (CRYPTO: DOGE) $0.2344 $34.9 billion +2.8% +35.5% Pepe (CRYPTO: PEPE) $0.00001381 $5.8 billion -1% +68.7% Trader Notes: Crypto educator Henry, known as LordOfAlts, suggests the current rally is only the beginning.

Shiba Inu Burns 46 Million SHIB In Single Day: What Is Going On?

Dogecoin

Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) have posted strong gains over the past week, rallying more than 25% as Bitcoin hovers near all-time highs, fueling momentum across the meme coin sector. Cryptocurrency Price 24-Hour Trend 7-Day Trend Dogecoin (CRYPTO: DOGE) $0.2387 +2% +43% Shiba Inu (CRYPTO: SHIB) $0.00001603 +0% +28% Pepe (CRYPTO: PEPE) $0.00001438 +4% +84% Trader Notes: Trader Tardigrade pointed out that Dogecoin is entering the final stage of its Cycle 3, typically the most explosive phase, and says momentum is building fast.

Dogecoin, Shiba Inu Surge Over 25% In 7 Days: What Is Going On?

Shiba Inu (CRYPTO: SHIB) has posted a 27% gain over the past week, with traders now expecting a much larger breakout. Despite a slight dip in whale activity, retail interest appears to be rising as Shibarium adoption continues and tokenomics improve.

Shiba Inu Jumps 27% In 7 Days: What Is Going On?

Ethereum

Altcoins are surging as Bitcoin dominance pulls back, suggesting a renewed flow of capital into Ethereum and the broader altcoin market. Celebrity interest is also heating up, adding fuel to the narrative.

Scottie Pippen Declares 'Altcoin Season' As Ethereum, XRP, Dogecoin, Shiba Inu Rally

The price of Shiba Inu (SHIB) remains positive and is rising above the moving average lines.

Shiba Inu Coin Recovers And Rises Above $0.00001500

Bitcoin Cash

This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole.

Breakout Alert: Ether, Bitcoin Cash-Bitcoin Ratio Break Downtrends as DOGE, SHIB Bottom Out

Shiba Inu (CRYPTO: SHIB) has seen a dramatic jump in its burn rate alongside a 5% price spike, prompting traders to predict a renewed bull run. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin (CRYPTO: DOGE) $0.1841 $27.5 billion +6.7% +2.8% Shiba Inu (CRYPTO: SHIB) $0.00001348 $7.9 billion +5.3% -1.3% Pepe (CRYPTO: PEPE) $0.059292 $3.9 billion +14.4% +2.9% Trader Notes: Longtime SHIB holder Heber Mayen declared Shiba Inu has already seen the worst and expects a breakout soon.

Shiba Inu Surges 5%, Burn Rate Explodes 4,833%: Has The Golden Bull Run Started?

The cryptocurrency market continues to reflect broader economic uncertainties as Shiba Inu (SHIB) faces significant downward pressure.

SHIB Plunges 7.4% in One Week, but Market Sentiment Remains Cautiously Optimistic

Shiba Inu (CRYPTO: SHIB) is down 10% over the past week but continues to attract bullish forecasts from traders, driven by its aggressive token burn rate and high concentration in whale holdings. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Shiba Inu (CRYPTO: SHIB) $0.00001263 $7.4 billion -2.7% -9.7% Dogecoin (CRYPTO: DOGE) $0.1705 $25.4 billion -2.4% -6.6% Pepe (CRYPTO: PEPE) $0.058064 $3.4 billion -2% -12.3% Trader Notes: In an X post on May 4, crypto trader Javon Marks reiterated his bold call for SHIB to hit $0.000081, a nearly 500% gain from current levels.

Shiba Inu Drops 10% In 7 Days: What Is Going On?

Shibarium, the Layer-2 blockchain of Shiba Inu (CRYPTO: SHIB), has reported a significant 54% increase in transactions. This surge indicates a growing interest and engagement in the network.

Shiba Inu's Shibarium Is Booming — Here's What's Driving the 54% Transaction Surge

The price of Shiba Inu (SHIB) has retreated and regained support above the moving average lines, continuing its uptrend.

Shiba Inu Continues The Upward Trend Above $0.00001300

Shiba Inu (CRYPTO: SHIB) has seen a massive spike in burn activity and on-chain growth, fueling speculation of a macro trend reversal. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Shiba Inu (CRYPTO: SHIB) $0.00001317 $7.8 billion -3.3% -3% Dogecoin (CRYPTO: DOGE) $0.1703 $25.4 billion -4.5% -4.9% Pepe (CRYPTO: PEPE) $0.058756 $3.7 billion -3% -1.8% Trader Notes: TradingView analyst Wavervanir International highlighted a potential macro bullish reversal forming at the $0.00001114 support zone.

Shiba Inu Burn Rate Skyrockets 2,094%: What Is Going On?

Shiba Inu (CRYPTO: SHIB) is down 2% on the day, but its Layer-2 blockchain, Shibarium, is gaining in momentum with new developments. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Shiba Inu (CRYPTO: SHIB) $0.00001353 $7.97 billion -1.9% +5.3% Dogecoin (CRYPTO: DOGE) $0.1778 $26.5 billion -1.3% +7.2% Pepe (CRYPTO: PEPE) $0.058943 $3.8 billion -0.5% +8.5% Trader Notes: Shiba Inu community figure Shib Knight noted that SHIB is currently mimicking Dogecoin's historical price structure, a pattern that could precede significant upside if history repeats.

Shiba Inu Down 2%: Can Shibarium's Explosive Growth Fuel A SHIB Rally?

The bullish trend of Shiba Inu (SHIB) resumed as it broke above the moving average lines. The value of the cryptocurrency rose to a high of $0.00001520.

Shiba Inu Bullish Rise Ends At The $0.00001520 Barrier

Shiba Inu's (CRYPTO: SHIB) significant rally over the past seven days and a new Shibarium DappStore launch could lead to a bullish run for the meme coin, traders are speculating. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Shiba Inu (CRYPTO: SHIB) $0.00001399 $8.2 billion +6.1% +16% Dogecoin (CRYPTO: DOGE) $0.1812 $27 billion +4% +16.2% Pepe (CRYPTO: PEPE) $0.058775 $3.7 billion +2.2% +22.6% Trader Notes: Crypto trader InvestingHaven points to a W-pattern forming on SHIB's chart, a classic bullish reversal signal.

'Dogecoin Killer' Shiba Inu Jumps 6%: What Is Going On?

Bitcoin's (BTC) recent uptrend has likely set the stage for a six-figure price mark, catalyzing increased trading activity in the memecoin sector, where DOGE and SHIB are seeing bullish activity.

News for Shiba Inu Crypto (SHIB)