Shiba Inu (SHIB)

Shiba Inu (SHIB) Hits 7-Month Lows as Bears Dominate Markets

Shiba Inu (SHIB) Hits 7-Month Lows as Bears Dominate Markets

The ongoing bearish sentiment in the crypto world sees the renowned dog token Shiba Inu crashing towards its 7-month lows on Monday. The previous 24 hours saw Shiba Inu losing 8.9% towards the $0.00001723 (Coinmarketcap data). The canine-themed crypto maintained downtrends over the past week, losing nearly 19% within seven days. That had SHIB exploring value areas last witnessed in October 2021. For now, Shiba Inu ranks 15th in the cryptocurrency list by value, its market capitalization standing briefly beyond $9.5 billion. The latest slump in the Dogecoin competitor emerged despite the recent efforts by the community to keep the…
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Is Shiba Inu (SHIB) Worth Buying After Many Developments and Support?

Is Shiba Inu (SHIB) Worth Buying After Many Developments and Support?

Shiba Inu motivated the community with the 30 March announcement. The meme coin witnesses increased global adoption. Shiba Inu ecosystem boasts multiple developments that might result in a coin's value increase. Shoba Inu (SHIB) has witnessed massive popularity since its launch as a Dogecoin competitor. Though the alternative token arrived in the marketplace as a meme, Shiba Inu expanded its ecosystem with time, now featuring Shiba Swap and the crypto gears towards building its metaverse network. SHIB Development as Growth Catalyst Netcoin's 25 March announcement indicated that the platform added five cryptocurrencies, including the Dogecoin competitor, Shiba Inu. Individuals using…
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Bitcoin (BTC) Rejected Near $40K: Weekend Price Analysis

Bitcoin (BTC) Rejected Near $40K: Weekend Price Analysis

Bitcoin still failed to reclaim $40K, struggling around the $39K mark. Most alts remain somewhat calm today. Bitcoin tried to challenge $40K after losing $6K within a few days but failed to climb high. That had assets in the altcoin market stalling since yesterday, recording slight movements. However, Monero decoupled from broad market actions, registering a substantial price increase. BTC Struggles beneath $40K Indeed, the leading crypto struggled within the previous several days. The crypto recovered losses amid the Russia-Ukraine conflict recorded new monthly peaks. The upward moves had BTC touching $45K. However, bears emerged and pushed Bitcoin south again.…
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Shiba Inu (SHIB) Displays Steady Dynamics at $0.00002429 – Price Analysis

Shiba Inu (SHIB) Displays Steady Dynamics at $0.00002429 – Price Analysis

SHIB displays downside bias today. Dependable resistance stands at $0.00003348. Shiba Inu's trading price is $0.00002429. Today's SHIB outlook unveils bearish actions. However, Shiba Inu bulls display potential amid market fluctuations. That had the meme coin on a massive decline, dropping from $0.00002566 to $0.00002444. Moreover, SHIB extended its downswing. The alt sees massive fluctuations today as SHIB stays beneath the $0.00002500 level. While publishing this article, the Dogecoin competitor trades around $0.00002429. That comes after the token lost 2.35% within the past day, ranking 14 with $1,016,579,442 trading volume. SHIB/USD 4Hr Analysis: Latest Developments SHIB price analysis showed the…
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Top Crypto Prices Today – BTC, ETH Decline; DOGE, SHIB Move Up

Top Crypto Prices Today – BTC, ETH Decline; DOGE, SHIB Move Up

The crypto market exhibited lower prices on Monday. That followed geopolitical tensions from Ukraine and Russia and investors' concerns about the continuing inflationary pressure. Russian military proceedings suggest an imminent invasion. The Crypto market saw trading volumes halving because of high volatility. Besides Dogecoin and Shiba Inu, top digital assets traded low on Monday. DOGE and SHIB recorded marginal increases, while Solana and XRP lost up to 5%. As BTC had its price meandering within the past few days, the dominant crypto by market cap has recorded modest under-radar recoveries from the wintertime collapse. Meanwhile, the recent downswing had the…
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Axie Infinity (AXS) Gains 17% as Bitcoin Steadies above $41K

Axie Infinity (AXS) Gains 17% as Bitcoin Steadies above $41K

Most assets in the cryptocurrency market calmed following a positive and volatile Saturday. Bitcoin stands beyond $41,000. Bitcoin kept its momentum to stay beyond the $41,000 level. The impressive leg up came after Bitcoin struggled beneath $40K for several weeks. Meanwhile, altcoins appear to stall following yesterday's significant gains. Axie Infinity (AXS) is one of the exceptions, with its double-digit upward move. Bitcoin Maintains beyond $41,000 As highlighted earlier, the world's largest crypto struggled around the $37K level and plunged beneath the mark on a few occasions. However, bulls tried to push BTC northward, taking it to value levels of…
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Shiba Inu (SHIB) Plummets beneath $0.00002060 – Price Analysis

Shiba Inu (SHIB) Plummets beneath $0.00002060 – Price Analysis

Shiba Inu reflects a bearish outlook today. Massive resistance stands at $0.00003324. SHIB's trading price is $0.00002056. Shiba Inu's price function unveils a bearish picture today. Moreover, bears discovered new momentum around a resistance they utilized to tighten the mark. Bulls appear to lose their favor in the markets. Indeed, bears control the market at the moment. However, will they maintain their position? Meanwhile, Shiba Inu suffered a massive drop to hit $0.00002107 from yesterday's level of $0.0000220. Nevertheless, SHIB extended its downward trends today. Monday sessions had SHIB continuing its downswings. That had the meme coin losing a portion…
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Shiba Inu (SHIB/USD) Stuck Below $0.00003100 – Price Analysis

Shiba Inu (SHIB/USD) Stuck Below $0.00003100 – Price Analysis

SHIB price analysis displays bullishness today. Massive resistance sits at $0.00003597. Shiba Inu's critical support is $0.00002961. Shiba Inu (SHIB) token seems to join a bull market with slight reversal chances. Indeed, bears dominated the meme coin over the last few weeks. However, bulls stepped up vigorously, recapturing the market. Now, market players wait to see whether SHIB will keep the upward momentum. Yesterday's price actions saw Shiba Inu on positive moves, rising from $0.00003094 to $0.00003069. On 15 January 2022, SHIB's price fluctuated near the $0.00003100 level. The canine-themed crypto seemed to keep the momentum today, wavering around $0.00003071…
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