The Shiba Inu Shibarium Suffers 97.6% Crash In Active Accounts, What’s Going On?

Shiba Inu’s Shibarium recently suffered a major setback following a massive crash in active accounts on the layer-2 network. This development undoubtedly presents a bearish outlook for Shiba Inu, considering Shibarium’s impact on the meme coin’s price.  The Shiba Inu Shibarium Records 97.6% Crash In Daily Active Accounts Data from Shibariumscan shows that the layer-2… Continue reading The Shiba Inu Shibarium Suffers 97.6% Crash In Active Accounts, What’s Going On?

Here’s What’s Going On With The Shiba Inu Price

The Shiba Inu (SHIB) price has remained lackluster for a while now, with the second-largest meme coin by market cap still below the crucial price level at $0.00002. This unimpressive price action is thanks to several factors, including Bitcoin’s tepid price movement.  Why The Shiba Inu Price Is Down Shiba Inu’s price has been on… Continue reading Here’s What’s Going On With The Shiba Inu Price

Shiba Inu Secures Community Support To Rally To $1, Here’s How

The possibility of Shiba Inu rising to $1 is one crypto community members look to support. This follows a recent poll by the crypto exchange CoinW, which showed that others besides the SHIB community believe such a price target may be attainable.  Shiba Inu Rising To $1 Gains Community Support In an X (formerly Twitter)… Continue reading Shiba Inu Secures Community Support To Rally To $1, Here’s How

Shiba Inu Skyrocketing Potential: Could SHIB Surge 500%?

Shiba Inu (SHIB) may be gearing up for a massive spike as cryptocurrency analysts are divided on what could come next. Javon Marks, one popular social media member in the crypto-verse, has taken to X, formerly known as Twitter, with some very bullish comments that SHIB is on the brink of a major breakout. According… Continue reading Shiba Inu Skyrocketing Potential: Could SHIB Surge 500%?

Why Is The Shiba Inu Price Crashing Today?

With the Bitcoin price crash over the weekend, the prices of other cryptocurrencies such as Shiba Inu have followed sharply. The result of this has been a double-digit price crash for Shiba Inu, alongside other altcoins. Naturally, the rapid decline has raised questions, with industry stakeholders wondering what is driving this massive crash. Shiba Inu… Continue reading Why Is The Shiba Inu Price Crashing Today?

Shiba Inu’s NVT Ratio Sees Drastic Increase, Is A Rise To $0.00003 Still Possible?

The Shiba Inu (SHIB) network value to transactions (NVT) ratio has come into focus, with the meme coin currently enjoying an uptrend. However, this metric suggests that Shiba Inu could soon hit a roadblock on its journey to $0.00003.  Shiba Inu NVT Ratio Is On The Rise Data from the on-chain market intelligence platform Glassnode… Continue reading Shiba Inu’s NVT Ratio Sees Drastic Increase, Is A Rise To $0.00003 Still Possible?

Shiba Inu, XRP Forming Bullish Divergence, Analytics Firm Reveals

The on-chain analytics firm Santiment has revealed how Shiba Inu and XRP are among altcoins that are seeing a bullish divergence on the MVRV Z-Score. MVRV Z-Score Says XRP And Shiba Inu Traders Are Seeing Losses Currently In a new Market Value to Realized Value (MVRV) ratio” is a popular indicator that, in short, measures… Continue reading Shiba Inu, XRP Forming Bullish Divergence, Analytics Firm Reveals

End Of The Road? Shiba Inu’s Shibarium Sees Massive 80.3% Crash In Active Accounts

The Shibarium network, an Ethereum Layer 2 network that was developed and launched by the Shiba Inu team, did well following its initial launch in August 2023. However, less than one year following its launch, the Layer 2 network has run into some hard times, losing market share to larger counterparts. This has led to… Continue reading End Of The Road? Shiba Inu’s Shibarium Sees Massive 80.3% Crash In Active Accounts

Machine Learning Algorithm Predicts Shiba Inu Price Will Rise 119% In 5 Days

With the vast popularity of Shiba Inu in the crypto space and millions of investors holding the SHIB token, the direction of the price has always been an interesting and hotly debated topic. Expectations are that the meme coin will continue to rise drastically as theme coins become some of the frontrunners of the crypto… Continue reading Machine Learning Algorithm Predicts Shiba Inu Price Will Rise 119% In 5 Days

Here’s Why The Bitcoin Price Crashed Below $66,000, Taking Shiba Inu And Dogecoin With It

On Sunday, the Bitcoin price saw a sudden crash that sent the likes of Dogecoin and Shiba Inu spiraling alongside it. This crash saw $2,000 wiped off the Bitcoin price in mere minutes, bringing it back down below $66,000. While this decline did not last at the time, there were a few factors behind it,… Continue reading Here’s Why The Bitcoin Price Crashed Below $66,000, Taking Shiba Inu And Dogecoin With It