Defx Insights

Tag: Shib

  • Shiba Inu vs Dogecoin: 79% of Experts Reject SHIB Flippening Potential

    Shiba Inu vs Dogecoin: 79% of Experts Reject SHIB Flippening Potential

    A comprehensive survey by Finders has revealed that an overwhelming 79% of financial experts believe Shiba Inu (SHIB) will never overtake Dogecoin (DOGE) in market capitalization, casting doubt on the popular meme coin’s long-term potential. This analysis comes at a crucial time for both cryptocurrencies, with Dogecoin’s long positions reaching 72% on Binance, suggesting increased market speculation.

    Expert Survey Reveals Skepticism About SHIB’s Future

    The survey, which gathered insights from 14 prominent finance experts, paints a clear picture of market sentiment. Only 7% of respondents expressed confidence in SHIB’s ability to surpass DOGE, with these optimists projecting a potential flip by 2026. The remaining 14% maintained an uncertain stance on the matter.

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    Supply Dynamics: The Core Challenge

    Dr. Sathvik Vishwanath, Unnocoin’s jurisdictional head, highlights the fundamental supply disparity between the two tokens. SHIB’s massive circulating supply of 589.25 trillion tokens dwarfs DOGE’s 148.82 billion, creating a significant barrier to market cap dominance despite Shiba Inu’s strong tokenomics and community backing.

    Market Cap Analysis: The 240% Challenge

    Currently, Dogecoin maintains its position as the 8th largest cryptocurrency with a $24.60 billion market cap, while Shiba Inu sits at 17th place with $7.3 billion. For SHIB to achieve a flippening, it would need a remarkable 240% increase in value, assuming DOGE’s price remains stable.

    Recent Whale Activity Signals Potential Shift

    Despite expert skepticism, recent on-chain data shows increasing whale interest in SHIB. IntoTheBlock reports a surge in daily trading volume to 224 billion tokens, with large holder inflows more than doubling from 96 billion to 224 billion SHIB between April 13-14.

    Historical Context: The 2021 Temporary Flippening

    This isn’t uncharted territory for these meme coins. In 2021, SHIB briefly surpassed DOGE with a $39 billion market cap, though this victory proved temporary as Dogecoin quickly reclaimed its position as the leading meme cryptocurrency.

    FAQ Section

    Can Shiba Inu realistically overtake Dogecoin?

    While technically possible, experts suggest it’s highly unlikely due to the massive supply disparity and current market dynamics.

    What factors could enable a SHIB flippening?

    A combination of significant token burns, increased institutional adoption, and enhanced utility could potentially create conditions for a flippening scenario.

    How does whale activity impact SHIB’s price?

    Large whale movements often precede significant price action, with recent increased activity potentially signaling growing institutional interest.

  • Shiba Inu Teases Major Development Amid 40% Price Drop

    Shiba Inu Teases Major Development Amid 40% Price Drop

    The Shiba Inu (SHIB) ecosystem is preparing for significant developments despite experiencing a 40% price decline since January 2025. The team’s marketing representative has hinted at groundbreaking technological advancements while the token trades at $0.00001103.

    Market Pressure Tests SHIB Community Resolve

    In line with broader crypto market uncertainty, SHIB has faced intense selling pressure, recording a 9% loss over the past week. The decline coincides with Bitcoin’s retreat to $74,000, triggering a widespread cryptocurrency market correction.

    Behind-the-Scenes Development Continues

    Lucie, Shiba Inu’s marketing spokesperson, took to X (formerly Twitter) to reassure the community about ongoing development efforts. According to her statement, the team remains focused on building substantial technological improvements despite challenging market conditions.

    “While the market looks gloomy, behind the scenes we’re preparing technological advances that will revolutionize the Shiba Inu ecosystem,” – Lucie, SHIB Marketing Representative

    New Features and Ecosystem Expansion

    The development team has revealed several key initiatives:

    • Implementation of the new Karma system on Puppynet
    • Enhanced L2 network functionality
    • Expanded DeFi capabilities
    • Community engagement rewards program

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    Price Targets and Future Outlook

    Despite current market challenges, the team maintains optimistic price projections:

    • Short-term target: $0.0001833 (12x current value)
    • Long-term potential: $0.01 per token
    • Technical support level: $0.00001000

    Frequently Asked Questions

    What is causing the current SHIB price decline?

    The decline is attributed to broader market volatility, Bitcoin’s correction, and general risk-off sentiment in crypto markets.

    When will the new technological features be released?

    While specific dates haven’t been announced, the team indicates major releases are expected within Q2-Q3 2025.

    How does the new Karma system work?

    The Karma system on Puppynet tracks user engagement and provides rewards for active participation in the ecosystem.

    As the cryptocurrency market continues to navigate through uncertain waters, the Shiba Inu team’s focus on technological development rather than price action suggests a long-term commitment to building sustainable value. Investors and community members are advised to monitor official channels for upcoming announcements regarding these developments.

  • Shiba Inu’s Shibarium Hits 1B Transactions While SHIB Price Struggles at $0.000012

    Shiba Inu’s Shibarium Hits 1B Transactions While SHIB Price Struggles at $0.000012

    Shiba Inu’s layer-2 scaling solution Shibarium has achieved a remarkable milestone of 1 billion total transactions, marking a significant technical achievement for the popular meme coin’s ecosystem. However, this breakthrough hasn’t translated into price gains, with SHIB continuing to face bearish pressure around the $0.000012 level.

    Shibarium’s Billion-Transaction Milestone: A Closer Look at the Numbers

    According to official data from Shibariumscan, the network has processed over 1,012,261,457 transactions across 10,284,922 blocks since its launch in August 2023. The platform has also generated nearly 195 million unique addresses, demonstrating significant adoption of the layer-2 solution.

    Daily transaction volumes have been particularly impressive, with recent 24-hour periods showing:

    • Current 24-hour period: 2.75 million transactions
    • Previous 24-hour period: 4.11 million transactions

    Price Divergence: Why SHIB Remains Bearish Despite Network Growth

    Despite Shibarium’s technical achievements, SHIB’s price action tells a different story. The broader crypto market downturn, exacerbated by Trump’s recent tariff announcements, has contributed to SHIB’s bearish trend. Key price metrics include:

    • Current price: $0.00001210
    • 7-day performance: -9.4%
    • 24-hour change: -1.2%

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    Market Analysis: Key Factors Affecting SHIB’s Price

    Several factors are contributing to SHIB’s price struggles:

    1. Decoupling of network metrics from price action
    2. General crypto market bearish sentiment
    3. Reduced speculative interest in meme coins
    4. Technical resistance at the $0.000012 level

    Looking Ahead: What’s Next for Shiba Inu?

    While Shibarium’s growth demonstrates the network’s technical capabilities, investors should watch these key factors for potential price recovery:

    • Support level at $0.000012
    • Overall crypto market sentiment
    • New Shibarium ecosystem developments
    • Institutional interest in meme coins

    FAQ Section

    What is Shibarium?

    Shibarium is Shiba Inu’s layer-2 scaling solution designed to improve transaction speed and reduce costs on the network.

    Why isn’t SHIB’s price rising despite network growth?

    The disconnect between price and network metrics suggests market sentiment currently prioritizes broader crypto market conditions over network achievements.

    What’s the next major support level for SHIB?

    If SHIB breaks below $0.000012, the next significant support level would be at $0.000010.

  • Dogecoin, SHIB, PEPE Crash 12% as Trump Tariffs Spark Meme Coin Selloff

    The meme coin market faced severe turbulence today as leading tokens Dogecoin (DOGE), Shiba Inu (SHIB), and PEPE experienced double-digit losses following Donald Trump’s sweeping tariff announcement. The broader crypto market also reeled from the tariff news, with risk assets facing particular pressure.

    What Triggered the Meme Coin Crash?

    According to CoinMarketCap data, the meme coin selloff was triggered by Trump’s announcement of a 10% base tariff on all countries, with additional targeted tariffs planned for major economies including China, the European Union, and Japan. The news sparked immediate risk-off sentiment across crypto markets.

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    Technical Analysis: Critical Support Levels in Focus

    Prominent crypto analyst Ali Martinez highlighted that Dogecoin is testing a crucial make-or-break level at $0.16. A sustained break below could trigger further losses to $0.06, while holding this support could set up a recovery toward $0.57.

    Market Impact and Expert Outlook

    The selloff has broader implications beyond just price action. Analyst Master Kenobi suggests that DOGE needs to maintain support at $0.17 to avoid entering a bear market phase. The correlation between major meme coins means that weakness in one token often spreads to others in the ecosystem.

    Macroeconomic Factors

    The Federal Reserve’s ongoing quantitative tightening policies add another layer of pressure to risk assets like meme coins. With potential inflation concerns from the new tariffs, the Fed may be forced to maintain or intensify its hawkish stance.

    FAQ

    Why are meme coins particularly vulnerable to macro events?

    Meme coins typically show higher volatility during market stress due to their speculative nature and lower liquidity compared to major cryptocurrencies.

    What are the key support levels to watch?

    For Dogecoin, $0.16 and $0.14 represent critical support levels. Breaking below these could signal a broader market shift.

    Could the meme coin market recover?

    Recovery potential depends on broader market sentiment, Federal Reserve policies, and the impact of Trump’s tariffs on global trade.

  • Shiba Inu’s Shibarium Hits 1B Transactions, Outpaces Bitcoin’s Growth

    Shiba Inu’s Shibarium Hits 1B Transactions, Outpaces Bitcoin’s Growth

    In a groundbreaking development for the meme coin ecosystem, Shiba Inu’s Layer-2 solution Shibarium has achieved an unprecedented milestone by processing over 1 billion transactions in less than two years since its launch. This remarkable achievement not only showcases the platform’s robust scalability but also highlights the growing adoption of SHIB’s blockchain infrastructure.

    Record-Breaking Transaction Volume

    According to official data from Shibariumscan, the Layer-2 blockchain reached the 1 billion transaction mark on March 31, 2025, demonstrating exceptional growth since its inception in August 2023. The platform currently processes approximately 4 million transactions daily, indicating substantial user engagement and network activity.

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    Unprecedented Growth Velocity

    What sets Shibarium’s achievement apart is the unprecedented speed at which it reached this milestone. While Bitcoin took approximately 15 years to process its first billion transactions, Shibarium accomplished this feat in just 20 months. This comparison becomes particularly relevant in light of recent predictions about Bitcoin’s growing dominance in the financial sector.

    Network Statistics and Infrastructure

    Beyond transaction volume, Shibarium has demonstrated impressive network metrics:

    • 193.93 million unique blockchain addresses
    • 10.23 million mined blocks
    • 5.0 second average block time
    • Current transaction volume: 1.001 billion+

    Technical Resilience and Evolution

    Despite facing initial technical challenges that resulted in a two-week downtime shortly after launch, Shibarium has shown remarkable resilience. Since its recovery in late August 2023, the network has maintained consistent uptime and performance, demonstrating the team’s commitment to technical excellence.

    Frequently Asked Questions

    What makes Shibarium’s achievement significant?

    Shibarium’s ability to process 1 billion transactions in less than two years demonstrates unprecedented scalability and adoption rates in the Layer-2 blockchain space.

    How does Shibarium compare to other blockchains?

    While Bitcoin and Ethereum have processed more transactions overall, Shibarium reached the 1 billion milestone significantly faster, achieving in months what took others years.

    What does this mean for SHIB holders?

    The high transaction volume indicates growing adoption and utility of the Shiba Inu ecosystem, potentially impacting long-term value proposition and use cases.

    As Shibarium continues to evolve and process millions of daily transactions, its achievement signals a new era for Layer-2 solutions and meme coin utility. The platform’s success could pave the way for increased institutional interest and broader adoption of SHIB-based financial applications.

  • Shiba Inu Holders Surpass Bitcoin, ETH with 76% Long-Term Retention

    In a surprising development that’s reshaping perceptions in the cryptocurrency market, recent data from IntoTheBlock reveals that Shiba Inu (SHIB) has achieved an unprecedented milestone in investor loyalty, surpassing both Bitcoin and Ethereum in long-term holder metrics.

    Record-Breaking Holder Statistics

    According to IntoTheBlock’s analysis, an impressive 76% of Shiba Inu holders have maintained their positions for over one year, exceeding Bitcoin’s 73% and Ethereum’s 74% long-term holder rates. This statistic gains additional significance when considering SHIB’s recent ecosystem growth, which saw ShibaSwap DEX volume surge 244% to $10M.

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    Detailed Holder Distribution Analysis

    The breakdown of Shiba Inu’s holder statistics reveals:

    • 76% – Held for more than 12 months
    • 22% – Held between 1-12 months
    • 2% – New holders (less than 1 month)

    Comparative Holding Periods

    Despite its younger age, Shiba Inu demonstrates remarkable holder loyalty with:

    • Average holding period: 2.6 years
    • Ethereum comparison: 2.4 years
    • Bitcoin comparison: 4.4 years

    Market Implications and Future Outlook

    This unprecedented level of holder retention suggests a maturing market perspective toward what was once dismissed as merely a memecoin. The data indicates a significant shift in investor behavior and could signal long-term value potential for SHIB.

    Expert Analysis and Risk Considerations

    While the holding statistics are impressive, investors should consider:

    • Market volatility risks
    • Regulatory uncertainties
    • Overall crypto market conditions
    • Project development progress

    Frequently Asked Questions

    Why are long-term holding statistics important?

    Long-term holding statistics indicate investor confidence and reduced selling pressure, potentially leading to price stability and growth.

    How does this compare to other cryptocurrencies?

    Shiba Inu’s 76% long-term holder rate exceeds most major cryptocurrencies, including market leaders Bitcoin and Ethereum.

    What does this mean for SHIB’s future?

    While high retention rates suggest strong investor confidence, future performance depends on multiple factors including market conditions and project development.

  • ShibaSwap DEX Volume Explodes 244% to $10M as SHIB Ecosystem Booms

    ShibaSwap DEX Volume Explodes 244% to $10M as SHIB Ecosystem Booms

    The Shiba Inu ecosystem’s decentralized exchange ShibaSwap has witnessed an extraordinary surge in trading activity, with weekly volume skyrocketing 244% to reach $10 million. This remarkable growth signals renewed interest in the SHIB ecosystem and positions ShibaSwap as an emerging competitor in the DEX landscape.

    ShibaSwap’s Record-Breaking Performance

    According to the latest data, ShibaSwap’s weekly trading volume has surged from $2.93 million to an impressive $10 million, marking its highest level since mid-January. This 244% increase demonstrates growing trader confidence in the platform and coincides with broader positive sentiment around the Shiba Inu project.

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    Key Performance Metrics

    • Monthly trading volume: $20.12 million
    • All-time trading volume: $17.18 billion
    • Total Value Locked (TVL): $67.94 million (2,187% increase)
    • Active liquidity pools: 1,097 (85% growth)

    Ecosystem Token Performance

    The platform’s growth has catalyzed positive price action across the Shiba Inu ecosystem:

    • SHIB: Up 14% to $0.00001521
    • BONE: Increased 15% to $0.4178
    • LEASH: Gained 5% to $173

    What This Means for Traders

    The substantial increase in trading volume and TVL suggests growing liquidity and potentially better trading conditions on ShibaSwap. Traders can benefit from:

    • Enhanced liquidity across trading pairs
    • More competitive trading fees
    • Expanded yield farming opportunities
    • Greater price stability for large trades

    Frequently Asked Questions

    What is driving ShibaSwap’s growth?

    The growth is attributed to increased ecosystem development, rising SHIB token prices, and broader market interest in decentralized trading platforms.

    How does ShibaSwap compare to other DEXes?

    ShibaSwap’s total trading volume now exceeds several established competitors, including PancakeSwap and Hashflow in certain metrics.

    Is this growth sustainable?

    While the current growth rate is exceptional, the platform’s increasing TVL and expanding liquidity pools suggest a strong foundation for sustained development.

    Bottom Line: ShibaSwap’s remarkable performance metrics and ecosystem token appreciation indicate a maturing platform that’s gaining significant traction in the DEX space. With continued development and growing user adoption, the platform appears well-positioned for further growth in the competitive DeFi landscape.

  • Shiba Inu Burn Rate Surges 33%: Key Price Levels to Watch

    In a significant development for SHIB holders, the Shiba Inu burn rate has witnessed a remarkable 33% increase in the past 24 hours, according to latest data from Shibburn.com. This surge comes at a crucial time as the popular meme coin navigates through challenging market conditions and attempts to establish new support levels.

    Breaking Down the Latest SHIB Burn Activity

    The latest burn statistics reveal that 18,684,231 SHIB tokens were permanently removed from circulation through four distinct transactions. The most substantial burn involved 16,035,545 SHIB tokens, followed by three smaller burns totaling approximately 2.6 million tokens. While these numbers might seem significant at first glance, they represent only a fraction of Shiba Inu’s massive 500 trillion token supply.

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    Technical Analysis and Price Implications

    Currently trading at $0.00001272, Shiba Inu is showing interesting technical patterns that could signal potential price movement. The token has established a critical support level at $0.0000125, with resistance at $0.000013. This price action bears similarity to patterns seen in other meme coins, as highlighted in our recent analysis of Dogecoin’s market structure.

    Market Impact and Future Outlook

    While the 33% increase in burn rate is noteworthy, market analysts remain divided on its long-term impact. The current burn rate would need to increase exponentially to significantly affect SHIB’s tokenomics. However, the psychological impact of consistent burns could help support positive market sentiment.

    FAQ Section

    What does the increased burn rate mean for SHIB price?

    While the current burn rate may not immediately impact price action, sustained burning could contribute to long-term value appreciation through reduced supply.

    How does SHIB’s burn mechanism work?

    SHIB tokens are burned by sending them to a dead wallet address, permanently removing them from circulation.

    What are the key price levels to watch?

    The critical support level is at $0.0000125, while immediate resistance stands at $0.000013.

    Trading volume has declined by 14.5% over the past 24 hours, suggesting a potential consolidation phase before the next significant move. Investors should closely monitor these developments as they could signal broader market trends in the meme coin sector.

  • Shiba Inu Hits 1.5M Holders: SHIB Ecosystem Shows Massive Growth

    In a significant development for the meme coin sector, Shiba Inu (SHIB) has achieved two major milestones that signal growing adoption and ecosystem strength. The project has surpassed 1.5 million holders while its Layer-2 solution Shibarium crossed 10 million blocks, demonstrating sustained community interest despite broader market challenges.

    Record-Breaking Growth in SHIB Ecosystem

    As meme coins continue showing resilience in the current market, Shiba Inu has reached a remarkable milestone of 1.5 million unique holders. The project’s marketing lead LUCIE confirmed this achievement on March 18, with an additional 843 new holders joining since the announcement – highlighting the token’s sustained appeal to crypto investors.

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    Shibarium Achieves Technical Milestone

    Complementing the holder growth, Shibarium – Shiba Inu’s Layer-2 scaling solution – has processed over 10 million blocks, reaching approximately 10,010,974 blocks at press time. This technical achievement demonstrates the network’s robust infrastructure and growing utility.

    Key Ecosystem Metrics

    • Total Holders: 1.5 million+
    • New Daily Holders: 843
    • Shibarium Blocks: 10,010,974
    • Total Addresses: ~175 million
    • SHIB Tokens Burned: 713 million

    Market Performance Analysis

    Despite these achievements, SHIB’s price action has faced headwinds, experiencing a 68% decline over four months from $0.00003343 to $0.00001082. However, the token has shown relative stability at current levels, trading at $0.00001288 with a market cap exceeding $7.5 billion.

    Future Outlook and Implications

    The dual milestones of holder growth and technical advancement position Shiba Inu for potential future growth. The continued expansion of Shibarium and its token burning mechanism could create positive price pressure through supply reduction.

    FAQ Section

    What does the 1.5 million holder milestone mean for SHIB?

    This milestone indicates growing mainstream adoption and long-term holder confidence in the project’s vision.

    How does Shibarium’s growth impact SHIB tokenomics?

    Shibarium facilitates token burning and transaction efficiency, potentially creating deflationary pressure on SHIB supply.

    What’s next for the Shiba Inu ecosystem?

    Focus remains on Shibarium development, community growth, and expanding utility across the ecosystem.

  • SHIB Breaks 100-Day MA: Epic 260% Rally Incoming?

    SHIB Breaks 100-Day MA: Epic 260% Rally Incoming?

    Breaking: Shiba Inu Shows Powerful Bullish Signal

    In a significant market development, Shiba Inu (SHIB) has broken above its 100-day moving average, signaling what could be the start of a major bullish trend. This technical breakthrough comes as trading volumes surge, suggesting growing investor confidence in the popular meme coin.

    Technical Analysis Reveals Bullish Pattern

    The breakthrough above the 100-day moving average represents a crucial technical milestone for SHIB. This indicator, widely regarded as a key determinant of long-term trends, suggests that buyers are gaining control of the market momentum. Additionally, the MACD indicator has crossed into positive territory, reinforcing the bullish narrative.

    Key Price Levels to Watch

    • Immediate Resistance: $0.00001703
    • Secondary Resistance: $0.00002045
    • Major Resistance: $0.00002631
    • Critical Support: 100-day SMA
    • Secondary Support: $0.00001272
    • Emergency Support: $0.00000847

    Market Implications and Trading Strategy

    For traders and investors, this technical breakout presents several strategic opportunities. The sustained move above the 100-day moving average could trigger a cascade of buying pressure, potentially leading to a significant price rally. However, risk management remains crucial, with clear stop-loss levels needed below the current support zone.

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    Expert Outlook

    Market analysts suggest that if SHIB maintains its position above the 100-day MA, we could see a potential test of higher resistance levels. The combination of increased trading volume and positive technical indicators points to growing market confidence in SHIB’s upward trajectory.

    Source: NewsBTC