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Shibainu

Shiba Inu is Exhibiting a DowntrendIn the daily timeframe, Shiba Inu is exhibiting a downtrend, indicated by its positioning between a high that's lower than the previous one and a low that's also lower than its predecessor. We anticipate a continued decline in price, with our primary target being the support zone within the trading range, specifically the area marked by the blue support box. (All analyses will be updated) This analysis is informational, not financial advice. Good luck!
by MonoCoinSignal
1
Shiba Inu Burn Frenzy: Community Incinerates 44 Million SHIB the self-proclaimed "Dogecoin killer," has witnessed a remarkable surge in its burn rate, soaring by a staggering 232.85% within the last 24 hours. The Shiba Inu community took the reins in this burning frenzy, incinerating a whopping 44.09 million CRYPTOCAP:SHIB in a bid to reshape the tokenomics of the meme coin. Despite the enthusiastic burn campaign, the Shiba Inu price chart has experienced a 3.27% drop over the past day, sparking curiosity and concern within the crypto community. The Burn Report: Data from Shibburn, a platform dedicated to providing insights into Shiba Inu burning activities, revealed the extraordinary surge in the burn rate. The community's active participation led to the incineration of 44.09 million CRYPTOCAP:SHIB within a 24-hour period, with two significant transactions to dead wallets playing a pivotal role. The first transaction saw 13.63 million CRYPTOCAP:SHIB moved to a dead wallet, followed by a massive 30.46 million CRYPTOCAP:SHIB in another transaction. This remarkable burning spree has fueled optimism among traders and investors as the community strives to enhance the SHIB tokenomics. Market Reaction: Contrary to the burning enthusiasm, the Shiba Inu price chart paints a different picture. Currently trading at $0.00000910, the meme coin has witnessed a 3.27% decline in the past 24 hours. The market cap and trading volume have also experienced notable decreases of 3.27% and 21.39%, respectively. Despite these downturns, proponents of Shiba Inu believe that the recent burning frenzy could provide the necessary impetus to bolster prices in the near future. Community-Driven Tokenomics: The Shiba Inu community's proactive involvement in the burning process showcases a commitment to shaping the tokenomics of the meme coin. By voluntarily transferring substantial amounts of CRYPTOCAP:SHIB to dead wallets, community members aim to reduce the circulating supply and potentially drive up the value of the remaining tokens. This grassroots effort reflects a unique approach to fostering community engagement and influencing the trajectory of Shiba Inu in the broader crypto landscape. Future Prospects: As the Shiba Inu community continues its burning campaign, the crypto market eagerly awaits the potential impact on the meme coin's price. Despite the recent price drop, enthusiasts remain optimistic that the significant reduction in circulating supply could lead to a positive shift in Shiba Inu's valuation. The ongoing burning chronicle, driven by community initiatives, adds an intriguing layer to the narrative surrounding Shiba Inu, making it a token to watch in the evolving crypto landscape. Conclusion: Shiba Inu's burn frenzy has undoubtedly captured the attention of the crypto community, with enthusiasts closely monitoring the impact on tokenomics and market dynamics. While the recent price drop raises questions, the community's dedication to burning millions of CRYPTOCAP:SHIB reflects a unique strategy to influence the meme coin's future. As the burning saga unfolds, Shiba Inu remains a captivating and dynamic player in the ever-evolving world of cryptocurrencies.
COINBASE:SHIBUSD
by DEXWireNews
SHIB Shiba Inu Potential Rally Soon!I told you about the 'buy the rumor, sell the news' strategy on SHIB Shiba Inu after the Bitcoin ETF approval in the last article: We reached the price target of $0.00000850 last Friday, and I believe that was the last dip for now! With the stock market at an all-time high, I anticipate crypto assets to follow suit. Elon Musk is likely to implement crypto payments to his new platform, X Payments. So, yes, exciting times ahead! My next price target is $0.00001250.
Long
by TopgOptions
Shiba Inu: Navigating the Whirlpool of Whales and Stability Shiba Inu has emerged as a fascinating case study, drawing attention to the intriguing dance between whale transactions and market stability. Recent whale movements, highlighted by a jaw-dropping transfer of 4.2 trillion Shiba Inu ( CRYPTOCAP:SHIB ) tokens valued at $38 million, have set the stage for speculation and curiosity within the cryptocurrency community. Lets delve into the intricacies of these massive transfers, their potential implications, and the remarkable resilience of Shiba Inu's market amidst the turbulence. The Whale Chronicles: The Shiba Inu token, celebrated for its robust community support and inherent price volatility, has recently witnessed a series of colossal whale transactions. Notable among these is the latest transfer of 4.2 trillion CRYPTOCAP:SHIB from the Bitvavo exchange to an undisclosed wallet. This follows a trend that includes transfers of 4.23 trillion CRYPTOCAP:SHIB ($44.45 million) on January 1, 4.24 trillion SHIB ($44.64 million) on December 30, and 4.25 trillion CRYPTOCAP:SHIB ($44.91 million) on December 29. A significant movement of 2.28 trillion CRYPTOCAP:SHIB , valued at $23.58 million, from Binance to an anonymous wallet was also reported on December 26. Whale transactions of this magnitude are pivotal in the Shiba Inu market, often serving as barometers of strategic investment decisions or responses to prevailing market conditions. Analysts posit various reasons behind these transfers, ranging from portfolio diversification and security measures to potential large-scale sales or exchanges. The market's reaction to these actions is crucial, influencing trading volumes and, at times, the token's price. Shiba Inu's Steady Course: Despite the seismic ripples created by these whale transactions, Shiba Inu has demonstrated an impressive stability. Current reports from Coingape reveal that CRYPTOCAP:SHIB is trading at $0.00000920, marking a modest increase of 1.4%. The market capitalization of Shiba Inu stands strong at $5.36 billion, with a 24-hour trading volume of $164 million. Intriguingly, the impact of these high-value transactions on CRYPTOCAP:SHIB 's market price has been minimal in the short term. This resilience in the face of significant whale activity reflects the robust nature of the Shiba Inu market. It suggests a balanced response from other investors, who continue to trade and invest in CRYPTOCAP:SHIB without succumbing to drastic shifts in reaction to these large transactions. The stability observed is paramount for the token's long-term health, ensuring its continued attractiveness to both large and small investors. The Enigma of Whales: The intrigue surrounding these whale transactions deepens as the cryptocurrency community speculates on the intent and identity of the recipients. The anonymity inherent in cryptocurrency transactions adds an extra layer of mystery, leaving room for a myriad of theories. Whether these whales are orchestrating strategic moves to navigate market dynamics or simply diversifying their portfolios, their actions leave an indelible mark on Shiba Inu's narrative. Conclusion: Shiba Inu's journey through the tumultuous waters of whale transactions underscores the resilience and maturity of its market. As the cryptocurrency community watches with bated breath, the ability of CRYPTOCAP:SHIB to maintain stability in the face of significant market movements solidifies its position as a player to be reckoned with. The enigma of whale transactions continues to weave an intriguing tale, further enhancing the allure of Shiba Inu in the ever-evolving landscape of cryptocurrencies.
COINBASE:SHIBUSD
by DEXWireNews
2
BITCOIN on the way to the price of 37,000We have the four-hour chart of Bitcoin, finally, according to our expectations, Bitcoin has reached the demand area, we will probably see the growth of Bitcoin in the short term until the price of 42000, and then we will see its fall from this area, which is the supply area of the four-hour time. -After breaking the demand area (40500-41300), the next demand area is (39450-39850) and the next area is (37480-37980). If Bitcoin moves up, we have the supply area (42,380-42,840) to enter selling positions.
Short
by Golden_Star1994
SHIB : Does SHIBA INU Have a Future?🤔📉Hi Traders, Investors and Speculators of Charts📈 Shiba Inu (SHIB) was initially created as a joke, based on the popular Shiba meme. However, unlike prior meme coins such as Dogecoin, SHIB operates as an ERC-20 token on top of the Ethereum blockchain, which means that the Shiba Inu network has access to a range of decentralized applications (dApps). This is one of the reasons that Shiba Inu is often referred to as the “Dogecoin killer.” There is a fixed supply of one quadrillion SHIB tokens but Shiba Inu utilizes a token burn strategy, including manual and automatic burns, to manage token value and stabilize prices. The current circulating supply of Shiba Inu is 589.28T . There is a larger network of cryptocurrency projects built around Shiba Inu, including: 👉 Shibaswap — a decentralised exchange (DEX) 👉 Shibarium — a layer 2 scaling solution for Ethereum 👉 Shiba Eternity — a play-to-earn (P2E) game 👉 Shib.io — the Shiba Inu metaverse 👉 Shiboshis — a non-fungible token (NFT) collection In terms of future prospective, SHIB offers a unique value proposition as a meme-based cryptocurrency that has real dApps built around it. While most meme coins disappear quickly, Shiba Inu has the potential to continue building a community that can stand the test of time. The fact that Shib is still around and has such a large community has to count for something. But let's talk about the biggest problem and obstacle to the price - the supply. In December 2023, Shiba Inu (SHIB) lead developer Shytoshi Kusama has teased that the project might undertake a massive burn soon. According to Kusama, almost $1.2 million worth of SHIB tokens might face incineration. SHIB's burn rate has taken a back seat in 2023, with sporadic, untimely burns occurring randomly. The effect of this is evident on the chart, as the price fails to make new highs under the pressure of infinite amounts of coins/supply/sellers. 💭My personal take is this - Shiba Inu can be traded, and if a big burn occurs it will definitely be bullish for the price... but for how long? For now, the supply is the biggest downside and until the burn-rate is improved, it's a big chance to take based on a "tease". If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets. _______________________ 📢Follow us here on TradingView for daily updates📢 👍Hit like & Follow 👍 CryptoCheck CRYPTOCAP:SHIB BINANCE:SHIBUSDT
CRYPTOCAP:SHIB
by CryptoCheck-
1
🔥 BTC/USD - More Fall Ahead ? (READ THE CAPTION FOR MORE INFO)By examining Bitcoin in the 4-hour time frame, we see that according to the previous analysis, as I expected, the price could not maintain the support of the $41,700 range, and for this reason, it started to fall and corrected to $40,700! Probably, we will see growth up to $42350 to fill FVG before falling further! Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
Short
by ArmanShabanTrading
7
💎 ADA/USDT - Bullish Target Reached, What's NXT? (READ CAPTION)By checking the Cardano chart in the weekly time frame, we can see that the price entered the specified supply range based on our analysis and started to fall from 0.6140 and fell to 0.4866! This fall will continue if we stabilize the weekly candle below the price of 0.4650, in which case we can expect more fall from Cardano! Otherwise, targets above 1 dollar are not far from expected! Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
Short
by ArmanShabanTrading
3
SHIB LOOKS BEARISH (4H)SHIBA seems to have a bearish structure and move downwards in hourly time frames. We have falling OF (order flow). Recent internal structures have accumulated LQs (liquidity) and formed a resistance zone. It is expected that by hitting this resistance zone, we will be rejected towards the lower ranges. In the lower part, we have a liquidity pool. With this downward structure, the price is expected to move towards this liquidity soon Closing two 4-hour candles above the invalidation level will violate the analysis For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
Short
by behdark
it's time to going up for SHIBUSDTbefore buying, please check for being sure about your opinion about this CRYPTOCURRENCY!!! (in every target you want, closed the position but our target is the third one) *Guy's the entry place is importance things in enter in a position and be careful do not going up your leverage over 7x ,all things it's about risk management* ************************************************* if you want to enter in this position: Enter Price: here Target1: 0.000010219 Target2: 0.000010866 Target3(Final Target): 0.000011544 Stoploss: 0.000009090 ************************************************* Guy's if this idea was useful and it was intresting for you please follow for more please do comment and like my idea If you like my idea show me in comment section doing and living in the best quality thanks of all of you dear's ;)
Long
by MakingMoney444
1
Robinhood's $SHIB Purchase Send Shockwaves Through Crypto MarketPopular American exchange Robinhood has made a bold move by acquiring a staggering 202 billion Shiba Inu ( CRYPTOCAP:SHIB ) tokens in less than 24 hours. This unprecedented buying spree positions Robinhood as the fourth largest custodian of Shiba Inu, trailing behind Binance, Crypto.com, and the mysterious black hole wallet associated with the original Shiba Inu project. The move has not only caught the attention of the crypto community but has also sparked discussions about the potential implications for Shiba Inu's future and the broader cryptocurrency market. Robinhood's Growing Influence: The acquisition by Robinhood now means that the platform holds approximately 2% of SHIB's circulating supply. This significant ownership stake raises questions about Robinhood's strategic vision for Shiba Inu and its potential impact on the token's market dynamics. The move is particularly noteworthy as it comes amidst a period of price stagnation for CRYPTOCAP:SHIB , with the token slipping below 1% following a week-long correction in the overall crypto market. Vitalik Buterin's Legacy and CRYPTOCAP:SHIB 's Circulating Supply: It's crucial to revisit the project's history, especially Vitalik Buterin's use of the dead wallet address to burn $6.7 billion in Shiba Inu tokens nearly three years ago. This altruistic act, which removed approximately half of CRYPTOCAP:SHIB 's supply from circulation, still resonates on the blockchain, constituting 41.04% of the total supply. The current ownership dynamics, with Robinhood emerging as a major custodian, adds a new layer to Shiba Inu's evolving narrative. Crypto Whales in Action: The article further explores other notable transactions within the Shiba Inu ecosystem, shedding light on the actions of crypto entrepreneur Justin Sun. SpotOnChain, a blockchain whale-watching agency, reveals Sun's recent move to cash out 79.334 billion CRYPTOCAP:SHIB tokens from Binance to a decentralized wallet on-chain. This follows his substantial withdrawal of 500 billion CRYPTOCAP:SHIB coins just last month, indicating an intriguing accumulation phase for the crypto billionaire. Market Reversal and Long-Term Investment Potential: As the crypto community closely monitors these whale movements, there's a recognition that such actions often precede price trend reversals. Additionally, the article underscores the significance of these moves in assessing the long-term investment potential of Shiba Inu. While some crypto whales accumulate CRYPTOCAP:SHIB in response to positive developments like the acceptance of Bitcoin exchange-traded funds (ETFs), it's essential to note the current negative correlation between Shiba Inu and Bitcoin prices, as highlighted by blockchain data analysis platform IntoTheBlock. Conclusion: Robinhood's substantial acquisition of Shiba Inu tokens has injected fresh energy into the Shiba Inu ecosystem, prompting speculation and discussions within the crypto community. The article dives into the historical context, market dynamics, and the actions of key players like Justin Sun, providing readers with a comprehensive understanding of the current state of Shiba Inu and its potential trajectory in the ever-evolving cryptocurrency landscape.
by DEXWireNews
1
Shiba Inu Burn Rate Soars 400% As $SHIB Price Continues To RallyShiba Inu, an Ethereum-based altcoin, gains significant traction with a 400% upswing in burn rate followed by a price surge. Shiba Inu, one of the most popular meme coins built atop the Ethereum blockchain, once again echoed a sense of frenzy across the broader crypto market on Friday, following a colossal upswing marked in the token’s burn rate. Notably, according to the data unveiled by Shibburn, a roughly 400% surge in the meme coin’s burn rate sparked immense curiosity among crypto market traders and investors. Meanwhile, as the burn data surfaced over the crypto horizon amid Shiba Inu’s sustained price rally, additional inferences seem to be birthing for the token. SHIB’s Burning Saga As per the data by Shibburn, a platform facilitating SHIB burning insights, the community noted a 395.43% upsurge in the burn rate today, January 12. Furthermore, aligning with this data, a staggering 18.24 million SHIB was incinerated over the past 24 hours. Coinciding with this, three noteworthy burn transactions appear to be primarily responsible for the aforestated upswing. These transactions collectively incinerated a whopping 16.56 million SHIB out of the total amount burned mentioned above. Moreover, the total number of coins incinerated from SHIB’s initial supply now amounts to 410.707 trillion, grabbing significant attention globally. However, Shibarium, a layer two blockchain facilitated by Shiba Inu, recorded a notable plunge in its activity. As of writing, the daily transactions on the network totaled 1.86 million, illustrating a notable downfall. This further showcases a considerable step-down for the L2 blockchain, as the daily volume recently recorded over 6 million transactions per day on the network. However, with the upswing in SHIB burn rate, accompanied by Shiba Inu’s sustained price rally, market sentiments for the token appear to be taking an exciting turn. Shiba Inu Price Soars As of writing, the Shiba Inu price has exhibited a considerable surge of 2.70% over the past 24 hours and is currently trading at $0.00001021. Moreover, the token’s weekly chart portrays a 3.69% upsurge, further accompanied by a monthly pump of 5.99%. Intriguingly, the surge in price also falls in line with the upswing in the CRYPTOCAP:SHIB burn rate. Moreover, the token again ditched a zero from its price recently, garnering additional bullish thoughts among crypto market traders.
COINBASE:SHIBUSDLong
by DEXWireNews
🔥 BTC/USDT - Pump and Dump ? What Happend ? (READ THE CAPTION)By checking the Bitcoin chart, we can see that yesterday with the fake news that was published by the American SEC Twitter account (it was hacked) and said that the Bitcoin ETF was approved, the price of Bitcoin was pumped up to about $48,000, and after the fakeness of this The news was published that Bitcoin was dumped up to $44,700 again, and this caused FVG to be filled! We will probably see more fall from Bitcoin! Related News : • The SEC is a regulator that is responsible for maintaining market integrity in the US. • The SEC’s X account was hacked and posted a fake news about approving a spot Bitcoin ETF, which is a type of investment product that tracks the price of Bitcoin. • The fake news caused Bitcoin’s price to spike and then drop, affecting the crypto market and investors. • Lawyers are calling for the SEC to investigate itself for possible market manipulation and cybersecurity breaches. Source : Coin Edition Please share your opinion about the possible trend of this chart with me and support us with your likes and comments. Best Regards , Arman Shaban
Short
by ArmanShabanTrading
25
Shiba Inu Burn Rate Jumps 27510% Shiba Inu, a prominent meme coin, gains phenomenal traction following a burn rate upswing and a whale accumulation. Shiba Inu, one of the most prominent meme coins functioning atop the Ethereum blockchain, marked a tempest of strides today following a colossal surge noted by the token’s burn rate. Notably, as per on-chain data unveiled by Shibbrun, a platform facilitating SHIB burning insights, the meme coin’s burn rate surged over 27000%, garnering noteworthy attention among crypto market enthusiasts globally. Meanwhile, the token also appears to have noted a significant whale accumulation, as per data hovering over the crypto horizon. Simultaneously, Shiba Inu’s market charts portrayed remarkable gains, amassing bullish sentiments for the token. SHIB Burn & Whale Activity Report In accordance with the data revealed by Shibburn, the Shiba crypto community noted a phenomenal 27510% upswing in its burn rate over the past 24 hours, with a staggering 9.35 billion SHIB incinerated as of Wednesday, January 10. Furthermore, the total number of coins burnt from the token’s initial supply is now estimated to be 410.70 trillion, fueling additional inferences among crypto market traders. Aligning with this, even the weekly burn rate soared 2278.29% while writing, mirroring the colossal burn. Meanwhile, amid the aforementioned burning saga, the token jotted down a critical burn transaction, shifting a whopping 9.35 billion CRYPTOCAP:SHIB to a dead wallet. This massive transfer appears to be majorly responsible for the enormous upswing in the CRYPTOCAP:SHIB burn rate, nabbing significant attention globally. On the other hand, a massive whale accumulation also appears to have piqued the global crypto market’s interest. According to on-chain insights offered by Lookonchain, a fresh whale was registered, accumulating 1.44 trillion SHIB from Binance and Gate. Concerning this, the address 0xF633Cd…3493Bbac was observed accumulating the previously stated amount in a series of five transactions. Concurrently, the number of coins withdrawn totaled $13.36 million while writing. In conjunction with this, market sentiments orbiting Shiba Inu are taking an exciting turn. The surge in burn rate, additionally escorted by an increase in on-chain activity, appears to be propelling bullish thoughts on the token.
COINBASE:SHIBUSD
by DEXWireNews
💎 ADA/USDT - First Long , Then SHORT ! But ? (READ THE CAPTION)By checking the Cardano chart in the weekly time frame (logarithmic), we see that the price fell after reaching the supply range of 0.67 and corrected to $0.46! If the price stabilizes below the supply range of $0.56 to $0.68, I will have a higher probability of falling from Cardano in the medium term! Only if the price breaks the $0.68 resistance and stabilizes above it, we can expect another Bull Run from Cardano! The efficiency of this cryptocurrency has been more than 150% so far ! Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
Short
by ArmanShabanTrading
4
SHIB Shiba Inu Price Prediction after the BTC ETF approvalIf you haven`t bought SHIB before that big rally: Then you should know that the price of SHIB Shiba Inu will be affected by the approval of the Bitcoin ETF this week. Some of the biggest asset managers on the entire planet are going to release a BTC ETF: Blackrock $9.3 Trillion Fidelity $4.5 Trillion Franklin Templeton $1.53 trillion Invesco $1.5 Trillion. BlackRock expects Bitcoin ETF approval on Wednesday, in-line with Bloomberg's January 10 deadline. I expect the approval to a buy the rumor, sell the news event. Employing the strategy of "buy the rumor, sell the news," traders strategically capitalize on market movements by entering positions based on speculative information. This approach involves opening positions on rumors and closing them when the anticipated news is officially announced, typically resulting in a profit. A retracement in the price of SHIB Shiba Inu, after the news, probably to $0.00000850, would be a buying opportunity for a year-end rally, in my opinion.
by TopgOptions
BITCOIN:D1According to the chart: the price has started an upward movement. It is now in the range of resistance levels. In our indicator, we see divergence, but divergence should be considered for us when the price can penetrate to an important level, otherwise it will invalidate the divergence by being sideways. So we are waiting for price reaction to resistance levels. Know this point, in case of breakout of the resistance levels, the price can easily move up to the level of 63000. Be very careful in finding positions. Suitable areas for buying and selling are indicated on the chart
by youseftn1
🔥 BTC/USDT - Ready for SELL (Scalping) ?As you can see, by checking the Bitcoin chart in the 2-hour time frame, we can see that the price went up to $44,700 from the exact range that I specified and sent you the analysis. Now the price is trading in the range of $43,900, and first I expect a slight correction, and then we will probably be accompanied by the further growth of Bitcoin, monitor the range of $44,730 to $45,500 for a SHORT (SELL) position! Please share your opinion about the possible trend of this chart with me and support us with your likes and comments. Best Regards , Arman Shaban
Short
by ArmanShabanTrading
3