Defx Insights

Tag: Shib

  • Shiba Inu Price Forms Critical Support at $0.0000125 – What’s Next?

    Shiba Inu Price Forms Critical Support at $0.0000125 – What’s Next?

    Shiba Inu (SHIB) has entered a crucial consolidation phase after experiencing a sharp 16.7% decline from $0.00001500 to $0.00001250 between May 29-30. This price action, reminiscent of similar patterns seen in other meme coins, suggests a potential base formation that could determine SHIB’s next major move.

    Technical Analysis: Understanding SHIB’s Recent Price Action

    The recent sell-off triggered significant volume spikes, indicating widespread distribution and panic selling among holders. Current price action shows SHIB trading at $0.00001266, with key metrics revealing:

    • 24-hour change: +0.47%
    • 30-day decline: -3.80%
    • 180-day performance: -54.73%

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    Critical Support and Resistance Levels

    Key price levels to monitor include:

    • Current Support: $0.00001250
    • Major Resistance: $0.00001350-$0.00001400
    • 24-hour trading range: $0.00001257-$0.00001308

    Volume Analysis and Market Sentiment

    Trading volume analysis reveals a significant spike during the initial sell-off, followed by declining volume during consolidation. This pattern typically suggests exhaustion of selling pressure, though the overall market sentiment remains bearish.

    What’s Next for SHIB?

    Traders should watch for:

    • Breakout above $0.00001350 for potential bullish reversal
    • Break below $0.00001250 could trigger further downside
    • Volume patterns for confirmation of next major move

    Frequently Asked Questions

    Q: What caused the recent SHIB price drop?
    A: The decline appears driven by broader market uncertainty and significant holder distribution.

    Q: Where is SHIB likely to find strong support?
    A: The $0.00001250 level represents crucial support, with additional buying interest possible at $0.00001200.

    Q: What signals would confirm a bullish reversal?
    A: A decisive break above $0.00001350 with increasing volume would suggest renewed bullish momentum.

  • Shiba Inu’s Shibarium Network Crashes 99% in New Account Growth

    Shiba Inu’s Shibarium Network Crashes 99% in New Account Growth

    The Shibarium Layer 2 network, launched by the Shiba Inu team in August 2023, is experiencing a dramatic decline in adoption metrics amid broader market challenges. Despite the initial excitement and strong community backing, recent data reveals concerning trends in network participation and user growth that could signal deeper issues for the SHIB ecosystem.

    Shibarium Network Activity Shows Alarming Decline

    According to data from ShibariumScan, new account creation on the network has plummeted to unprecedented lows. After reaching a peak of 5,111 new accounts on May 6, 2025, the network has seen a staggering 99% decrease in daily new accounts, with recent figures falling below 100 per day.

    This sharp decline in new user acquisition comes at a time when Bitcoin has reached new all-time highs above $110,000, highlighting the divergence between Shibarium’s performance and the broader crypto market momentum.

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    Key Network Metrics Show Broader Weakness

    The decline extends beyond new account creation:

    • Active daily accounts dropped from 21,000 to under 15,000
    • Daily transactions decreased from 3 million to 1.87 million
    • Total SHIB holders declined from 1.4 million to 1.39 million addresses

    Price Action Reflects Network Struggles

    SHIB’s price action mirrors the network’s declining metrics, with the token trapped in a tight trading range between $0.000014 and $0.000017. Technical analysts suggest the possibility of a breakdown below current support levels if selling pressure continues.

    FAQ: Shibarium Network Decline

    Q: What caused Shibarium’s sharp decline in new users?
    A: Multiple factors including market competition, reduced network incentives, and shifting investor sentiment have contributed to the decline.

    Q: Could Shibarium recover from these lows?
    A: Recovery would likely require significant protocol improvements, new use cases, or increased network incentives to attract users.

    Q: How does this affect SHIB’s long-term outlook?
    A: The sustained decline in network metrics could pressure SHIB’s price and ecosystem growth unless addressed by the development team.

  • Shiba Inu Burn Rate Crashes 80%: What This Means for SHIB Price

    Shiba Inu Burn Rate Crashes 80%: What This Means for SHIB Price

    The Shiba Inu (SHIB) ecosystem faces a significant challenge as its burn rate plummets by 79.89% in just 24 hours, raising concerns about the meme coin’s deflationary strategy and future price trajectory. This dramatic decline comes amid broader market uncertainty and could signal shifting sentiment in the SHIB community.

    Key Takeaways from the SHIB Burn Rate Crash

    • Burn rate dropped from 49 million to just 8.2 million SHIB tokens in 24 hours
    • Total burned tokens stand at 410.7 trillion SHIB
    • Current SHIB price: $0.0000144, down 39.8% from yearly high
    • Remaining supply: 589.2 trillion SHIB tokens

    Understanding the Impact on SHIB’s Tokenomics

    The sharp decline in Shiba Inu’s burn rate represents a significant shift in the token’s deflationary mechanism. Unlike many cryptocurrencies with automated burn protocols, SHIB relies heavily on community-driven burns to reduce its massive supply. This recent drop could signal waning community participation or broader market concerns.

    Similar to recent developments in Dogecoin’s market movement, SHIB’s price action appears to be at a critical juncture. The correlation between meme coins continues to influence market sentiment and trading patterns.

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    Technical Analysis and Price Outlook

    Despite the concerning burn rate statistics, technical analysts remain cautiously optimistic. Market expert Crypto Catalysts projects a potential surge to $0.000035, representing a 147% increase from current levels. This prediction is based on:

    • Formation of an accumulation base between $0.000007-$0.000014
    • Historical support levels holding strong
    • Previous rally patterns from similar price zones

    Frequently Asked Questions

    What causes SHIB burn rate fluctuations?

    Burn rate variations typically result from changes in community participation, market sentiment, and coordinated burning events.

    How does the burn mechanism affect SHIB price?

    Token burns reduce the circulating supply, potentially increasing scarcity and value over time if demand remains constant or increases.

    Will SHIB recover from this burn rate decline?

    Historical data suggests burn rates fluctuate cyclically, often recovering with improved market conditions and renewed community initiatives.

    Looking Ahead: Key Metrics to Watch

    Investors and traders should monitor several critical indicators:

    • Daily burn rate trends
    • Community engagement levels
    • Overall market sentiment
    • Whale wallet movements
    • Development activity on the Shibarium network

    The coming weeks will be crucial in determining whether this burn rate decline represents a temporary setback or a more significant shift in SHIB’s deflationary narrative.

  • 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.