
April 11th, 2025
The Shiba Inu community witnessed a major burn rate spike, yet despite the decreased supply, caution is advised by security experts.
The price of Shiba Inu has continued on its uptrend despite ongoing Shibarium transaction slipoff.
Dogecoin (DOGE) is leading the meme coin market recovery supported by other players like Shiba Inu, POPCAT, and FLOKI with each gaining 10-15%.
According to the team, “big things are on the way” for Shiboshis on Shibarium.
Per IntoTheBlock data, Dogecoin and Shiba Inu are among the longest HODLed coins in the market.
The consolidation phase in SHIB price, marked by resistance at $0.000018 and support at $0.000016, has prompted Shiba Inu whales to gradually increase their holdings.
This calculated move from the SHIB trader appears to have paid off and he is now holding an unrealized profit of over 67%.
The crypto market has remained calm, with the fourth quarter expected to yield bullish sentiments that will extend into 2025.
Crypto investors will be watching two major macro developments this week that includes the Fed Chair Jerome Powell speech and the upcoming US non-farm payrolls report on Friday.
The SHIB Ecosystem’s “Shib the Metaverse” aims to enhance community engagement, creativity, and collaboration among SHIB holders in a borderless virtual space.
Strong on-chain activity and whale transactions have led to a major Shiba Inu price surge with other altcoins such as PEPE, BONK, and FLOKI joining the party.
Shiba Inu’s Shibarium blockchain sees remarkable growth and community backing, positioning it for continued expansion in the decentralized finance space.
Memecoin giant Shiba Inu is on track to launch a new stablecoin to boost ecosystem growth.
The total meme coins’ market cap led by Dogecoin and Shiba Inu rallied over 6 percent in the past 24 hours to hover at about 50 billion on Thursday.
A new project is about to hit the Shiba Inu community, which could possibly drive more adoption of its ecosystem.