Shiba Inu continues to face selling pressure as the meme coin trades below key technical levels. The token has lost ground consistently since early October, raising questions about potential price floors. SHIB currently changes hands at $0.00001004 after declining from higher levels earlier this month. The asset dropped to $0.0000074
Market commentator Etherscan_SHIB has noted continued growth in Shiba Inu wallet addresses despite recent price weakness. The number of on-chain holders has increased modestly throughout the current market volatility period. Data from Etherscan shows SHIB holder addresses rose 0.01% in a 24-hour period to reach 1,546,558. The count climbed further
A Coinbase wallet holder has executed a burn of over 140 million Shiba Inu tokens, marking the largest single destruction transaction recorded in nearly three months. Community burn tracker Shibburn identified the transfer on October 15. The transaction occurred at approximately 20:14 UTC when anonymous address 0x27d…fe606 transferred 140,033,123 SHIB
Shiba Inu faces growing challenges in reclaiming its all-time high of $0.00008845 despite community optimism about October performance. The token currently trades at $0.00001081, representing an 87.88% decline from peak levels. October has delivered losses instead of the anticipated “Uptober rally.” SHIB has dropped nearly 10% month-to-date from around $0.000012.
A bullish technical pattern has developed on Shiba Inu’s chart with potential to retest price levels seen before the recent market correction. Analyst DRAGONEAGE_FX shared this outlook in TradingView analysis posted October 13. The commentary identified a Shiba Inu breakout above a descending trendline on the 4-hour timeframe. The meme
Shiba Inu has recorded a sharp increase in token burn activity over the past 24 hours. According to Shibburn data, 9,782,588 SHIB tokens were removed from circulation, pushing the daily burn rate up by 13,000%. The accelerated burn activity contrasts with weekly metrics showing a 13.7% decline in the seven-day
Shiba Inu continues facing resistance at a critical trendline that has prevented upward momentum in recent trading sessions. The second-largest meme coin by market capitalization remains constrained between two key technical levels. TradingView analyst SwallowAcademy identified SHIB’s position between the 200-exponential moving average above and support around $0.0000119 below. This
Crypto investors are once again captivated by the return of Shiba Inu’s meme-fueled rally, as the token experiences a surge in community activity and renewed social media buzz. However, while SHIB’s loyal fanbase continues to drive momentum, another project — Ozak AI (OZ) — is quickly emerging as the real
Shiba Inu has reached a critical juncture that could determine its price direction through the 2025-2026 market cycle. Analyst CryptoNuclear published TradingView analysis on October 1 identifying key technical levels that will shape SHIB’s trajectory. The 6-day chart reveals a long-term accumulation pattern developing since 2022. Following its peak at
Cryptocurrency analyst Zayn has highlighted bullish indicators for Shiba Inu entering October, citing exchange reserve levels that have reached their lowest point in two years. The analyst shared the observation through social media, drawing attention to supply dynamics that could support price appreciation. Data from CryptoQuant shows SHIB exchange reserves
