Wed, December 18

Are SHIB Resistance Levels Poised for a Breakthrough?

Shiba Inu (SHIB) is showing signs of recovery after hitting a month-low of $0.00001231 just four days ago. Currently trading at $0.00001346, SHIB has surged 2.51% in the past 24 hours, with trading volume increasing by 46%. Despite this recent uptick, the token is still down 4.13% over the past

September 10, 2024 2 mins read

Is Shiba Inu’s Burn Rate Decline a Sign of Trouble Ahead?

Shiba Inu (SHIB), the world’s second-largest meme coin, has witnessed a significant decline in recent weeks, with its price falling by approximately 24% over the past 30 days. This drop has pushed its market capitalization below $8 billion, positioning SHIB as the 16th-largest cryptocurrency.  Meanwhile, the coin’s burn rate—a critical

August 19, 2024 2 mins read

Why is Shiba Inu Price Slipping Despite Increased Trading Volume?

Shiba Inu ecosystem witnessed a tumultuous turn of events today as the price of the meme coin continued its downward trajectory, shedding 2.02% to settle at $0.00002304. This decline comes amidst a broader correction experienced over the past week, garnering significant attention from investors. Of notable interest was the movement

May 15, 2024 2 mins read

SHIB Hits 7-Day Low: What Investors Need to Know Further?

Shiba Inu (SHIB) has been making waves, but recent days have seen a significant downturn, leaving investors on edge. The memecoin experienced a notable dump, hitting a 7-day low of $0.00002266, with a staggering 35% decrease in trading volume. Analyzing the technical indicators, the daily Relative Strength Index (RSI) stands

May 8, 2024 1 min read

Shiba Inu Was a Top Dog Last Cycle, but Analysts Believe These 3 Alternatives Will Beat It in 2024

Cryptocurrencies have taken the financial world by storm, offering lucrative opportunities for investors seeking high returns. Among the myriad digital assets available, Shiba Inu (SHIB) has garnered significant attention due to their meme-inspired origins and speculative appeal. Shiba Inu (SHIB) skyrocketed to fame during the last cryptocurrency market cycle, capturing

April 16, 2024 4 mins read