Since Monday, the 16th of September, the entire crypto market has trended bullishly, and around 7% gains were seen. Shiba Inu made an 8% move higher and the breach of the $0.000014 local resistance signaled another 7%-8% move higher.

Shiba Inu (SHIB) originally started as meme crypto but is currently among the 15 largest cryptos, with over $7.69 billion in market cap. Unlike new meme coins like Pepe, Dogwifhat, Popcat, and many others,

Shiba Inu has been in a downward trend since its March 2024 top of $0.00004567. The meme coin dropped to a low of $0.00001078. SHIB erased nearly 3% of its value on Sunday amidst the declining utility of its Layer 2 scaling solution and Shibaswap.

Shiba Inu coin price may be on the verge of a breakout as price action confirms a bullish reversal trend is almost complete. Additionally, a new feature

Shiba Inus burn rate soared over 340% in the past 24 hours, leading to a 2% price uptick to $0.00001350. Meanwhile, Shibarium is close to hitting 420 million transactions, signaling robust growth in the

Shiba Inu, the popular dog-themed cryptocurrency, has recently experienced a significant drop in whale net flows, plummeting by over 30,000%. According to data from IntoTheBlock, the meme token’s whale net flows—often used to track large investor activity—have declined by 30,