Shiba Inu (SHIB) Suddenly Gains 7% in Hour, Here's What's Happening.
In a surprising turn of events, Shiba Inu (SHIB) experienced a significant 7% increase in value within a single hour, standing out in a broader crypto market rebound.
This rise is particularly noteworthy as it occurred without the influence of major news or announcements over the weekend, pointing to technical factors as the primary catalyst.
Technical analysis plays a pivotal role on the cryptocurrency market, where price movements can often be attributed to patterns, trends and indicators rather than fundamental news. In the case of SHIB, the 7% rise appears to be athe result of such technical factors.
Traders and analysts alike have observed that SHIB's price bounced sharply off a key support level, a sign that the token was oversold in the very short term. SHIB's price has largely lulled since last week as traders eagerly awaited a decisive move.
As seen on the hourly chart, Shiba Inu recorded three massive green hourly candlesticks after the price hit support at lows of $0.00002155. In the last hour, Shiba Inu posted a gigantic green candlestick, the largest in the recent four hours with the price reaching highs of $0.00002395.
At the time of writing, SHIB was up 5.52% in the last 24 hours to $0.00002357.
The overall crypto market is showing signs of recovery, with several major cryptocurrencies regaining lost ground.
This rebound has created positive sentiment among investors, which may have contributed to SHIB's rapid price increase. The market's optimism, combined with SHIB's technical indicators, created a perfect storm for the token's value to surge.
As SHIB continues to chart its course, traders are intently watching price movements for the next resistance levels amid speculation over how far SHIB can rise in the days ahead.
This week, the United States will disclose significant CPI data for April, a macroeconomic event that may cause volatility on the cryptocurrency markets.$BTC #bitcoinhalving

A recent tweet from Tesla and SpaceX CEO Elon Musk has sparked significant buzz within the Bitcoin (BTC), XRP, and Dogecoin (DOGE) communities. Known for his influential posts, Musk's latest message on X (formerly Twitter) discussed the Federal Reserve's monetary policies, drawing a parallel to the board game Monopoly.
In his tweet, Musk likened the Fed's ability to print money to Monopoly's rule that prevents the bank from going bankrupt. This analogy highlighted ongoing concerns about the Federal Reserve's quantitative easing (QE) measures and their implications for inflation and currency value.
Following Musk’s provocative post, responses varied across cryptocurrency communities. Financial analyst Michaël van de Poppe suggested that in light of potential QE reintroduction, assets like Bitcoin, silver, and gold could be prudent investments.
Bitcoin enthusiasts saw Musk’s comments as an endorsement of the need for robust monetary policies and appreciated Bitcoin's attributes as a deflationary asset with a capped supply and predictable issuance. The phrase "Bitcoin fixes this" became a rallying call, emphasizing Bitcoin as a solution to inflationary pressures.
Dogecoin responses included remarks from co-founder Billy Markus, aka "Shibetoshi Nakamoto," and notable community member "Sir Doge of the coin," who echoed the sentiment, "Dogecoin fixes this."
Meanwhile, XRP influencer "XRP crypto wolf" advised followers to protect themselves with XRP and other cryptocurrencies, highlighting the broader sentiment in the crypto community about finding financial refuge in digital assets.#bitcoinhalving

BPCKAPX OWB
BPET9 QKDXN
BP QZ2FM5X9
Shiba Inu, or SHIB, is projected to reach $0.000058 in 2024. In the most bearish scenario, SHIB's value might drop to $0.000018 in the same year. Previously, Shiba Inu hit its all-time high on October 28, 2021, when it was priced at $0.000086.
Last week, SHIB was trading at $0.000024 and has since shifted by 6.79%, currently sitting at $0.000023. Over the past 24 hours, SHIB has decreased by 2.13%. There's a mild bearish sentiment in the crypto market currently, though the long-term outlook remains bullish with predictions suggesting SHIB could reach $0.00011 by 2025.
The total circulating supply of Shiba Inu at the time of this writing was 589,263,175,318,158.50, and its market cap is $13,999,396,437.
SHIB Price Prediction: Key Points
1. Primary Support and Resistance Levels:
On a weekly basis, SHIB's lowest support level is at $0.000007, and its highest resistance might be around $0.000053.
2. Market Sentiment:
Market conditions as of April 2024 indicate weakening bullish momentum.
3. Predictive Forecasts:
According to AI/ML model predictions, SHIB's average price could reach $0.0001 by 2031 and increase further to $0.0003 by 2035.
Stay informed with SHIB through comprehensive weekly technical analysis and future forecasts.
SHIB Technical Analysis: Battling Bearish Reversals
Analysis of SHIB’s weekly charts indicates fluctuating prices, revealing potential future trends for 2024. Initially, the token faced resistance at $0.000011. Repeated efforts to break this in April ended in declines, eventually dropping below the lowest support of $0.000007 in June. Although bulls temporarily reclaimed this level, the rise was short-lived, and by September, prices had fallen back to the lowest support.
Following a brief drop below this support in October, bulls made another recovery attempt, challenging resistance in December only to be pushed back. However, SHIB did not return to previous lows.
$SHIB #BinanceLaunchpool

Shiba Inu Can Now Be Used to Buy Nike, PS5, and Book Airbnb
CoinGate, a fintech company based in Lithuania, has boosted the utility of Shiba Inu (SHIB) by integrating it with Polygon and Binance Smart Chain (BSC).
This strategic move allows SHIB holders to purchase products from major brands like Nike and book services like Airbnb.
🔸 Shiba Inu Price Consolidates Despite Growing Adoption
The payment gateway CoinGate acts as a link between crypto and traditional finance, facilitating digital asset transactions for goods and services. The inclusion of SHIB tokens on these platforms enhances accessibility and presents numerous opportunities for SHIB holders to participate in real-world transactions.
💬 “Shibarmy, use your SHIB to book Airbnb, grab the latest games from Steam & PS5, refresh your wardrobe with Nike & Zalando and more,” CoinGate wrote.
Moreover, Shiba Inu is not just expanding its transactional use. It is trying to evolve beyond its meme coin origins. The launch of Shibarium, an Ethereum layer-2 scaling solution, represents a significant step forward in improving blockchain efficiency.
This update includes a major hard fork completed earlier this month, which is expected to result in faster transactions and more stable gas fees, enhancing the overall user experience.
In April, the Shiba Inu team also made headlines by raising $12 million to develop a new layer-3 blockchain. This fundraising attracted significant contributions from notable investors, including Polygon Ventures, Mechanism Capital, and Animoca Brands, highlighting the growing confidence in SHIB’s potential.
Despite these advancements, the price of SHIB has been consolidating. Since May 7, it has fluctuated between $0.00002379 and $0.00002227. A breakout could propel the price to $0.00002558, marking an increase of over 13% from current market price. #BinanceLaunchpool #ETHETFS #altcoins

Shiba Inu experienced a staggering 338% increase in its weekly burn rate.
The cryptocurrency observed a significant 225% surge in large holder inflows over seven days.
Maintaining the critical range where 45 trillion SHIB tokens are held is paramount for price stability.
Shiba Inu (SHIB) has witnessed a remarkable escalation in its burn rate, soaring over 330% within the span of a week. This strategic move has seen millions of SHIB tokens being systematically incinerated, marking a substantial reduction in the total token supply.
HOURLY SHIB UPDATE$SHIB Price: $0.00002261 (1hr -0.16% ▼ | 24hr 0.26% ▲ )Market Cap: $13,322,019,514 (0.29% ▲)Total Supply: 589,273,648,402,449TOKENS BURNTPast 24Hrs: 30,384,330 (-27.27% ▼)Past 7 Days: 200,591,910 (338.77% ▲)
— Shibburn (@shibburn) May 12, 2024
Despite this impressive surge in the weekly burn rate, the daily burn rate experienced a slight downturn, declining by 27.27% over the past 24 hours. Nevertheless, the overarching commitment to reducing the token supply remains a focal point for Shiba Inu, reflecting its dedication to bolstering its long-term value proposition.
Additionally, amidst these developments, Shiba Inu has also witnessed a substantial uptick in a crucial metric tracking the inflow of funds into whale addresses, commonly referred to as large holder inflows. This surge, totaling an impressive 225% over the course of seven days, suggests a heightened interest from major stakeholders in the cryptocurrency’s trajectory.
As Shiba Inu continues to navigate its growth trajectory, various initiatives aimed at expanding utility, fostering community engagement, and driving innovation remain at the forefront. Meanwhile, the cryptocurrency market at large has experienced relatively subdued trading conditions, with SHIB displaying a marginal decline of 0.14% over the past 24 hours, hovering at $0.00002256.
Central to the recent price action of Shiba Inu is a critical range where a significant number of SHIB addresses hold approximately 45 trillion tokens. This range acts as a pivotal support level for the

Highest profit today #SUPER/USDT 5% 🔥Pump in only 24hrs
The list of Top 25 crypto coin on binance exchange, And we are provide every day this list are VIP PREMIUM list of are provide Top 1 to Top 5 coin VIP signal
#Write2Eam
#TrendingTopic
#HotTrends
As you can see, AI algotrading software has found out which is the crypto coin which will pump in the coming 48hrs. The list of all those crypto coins was shared some time ago and now you can see the coin of that list.
And now you can see that some of these coins have pumped up more than 20%. Hopefully, I will deliver the profit that I promise to you if you recommend top 1 to ton 5 coins like this every day.
👉Here you can see Signal for free and from this list, Top 5 bullish coin which will go up the most within 48hrs.👇👇#altcoins #ETFvsBTC #BinanceLaunchpool

😱🚀Good News for Shiba Inu (SHIB) investors: The rally may be imminent.
#ShibaInu (#SHIB ) has lost 20 percent in value during the monthly period with the sharp declines it has experienced recently. During this period, SHIB's market capitalization has fallen below $ 13.5 billion.
Although the situation at SHIB is bad, analysts are not panicking. On the contrary, many famous names believe that the popular coin is preparing for a new bull run. One of these analysts is Del Crxpto, who has about 100,000 followers on X. The famous analyst said what is coming up in SHIB and and why he invested in SHIB:
“I see the future, I know what awaits SHIB. I will not share this information because I do not want to disrupt my relations with SHIB. But I will tell you this: I am saving SHIB!”
Critical assessment of Shiba Inu (SHIB) from analysts!
Ali Martinez, another analyst who evaluates the Shiba Inu ecosystem, stated that a bullish flag has formed in the technical structure of memecoin, which signals an increase of 300.
Analysts such as Rekt Capital and CRYPTO SHERIFF have also made price predictions for SHIB. Rekt Capital claimed that SHIB has reached the price levels in 2022 and the asset will experience a triple-digit increase if the critical resistance at $ 0.00002741 is passed. CRYPTO SHERIFF, on the other hand, predicted a 350 percent increase for SHIB and argued that the breakdown has already occurred.#BinanceLaunchpool #ETHETFS #altcoins

It sounds like you're involved in
cryptocurrency trading and have completed
a transaction involving the token $PEPE .
"Follow target 2k" likely means you're
aiming for a price target of $2000. Good luck
with your trading strategy!#altcoins #ETHETFS #BlackRock #Pips

Shiba Inu Team Teases Big Announcement, Sparking Community Speculation 💥🦊
Shytoshi Kusama, lead developer of Shiba Inu, has once again piqued the community's interest with a cryptic social media post. A gif featuring the word "Evita," meaning "life" or "living" in Spanish, has set off a flurry of speculation among followers. Fellow developer Kaal Dhairya added fuel to the fire with a similar tweet, leaving the SHIB community abuzz with theories.
Ranging from potential partnerships to new token introductions, the speculation is rampant. Given Kusama's history of hinting at major announcements, it's likely that the mystery will soon be revealed.
Adding to the excitement, the recent Shiba Inu network update, a layer-2 blockchain solution, promises significant improvements in transaction speeds and gas fees. The community is on high alert for any clues or announcements that might shed light on the meaning behind "Evita".
Will the announcement herald a new technological feature, strategic partnership, or something entirely unexpected? Only time will tell. The tweet's timing is notable, as Shiba Inu's performance has been lackluster, currently hovering around $0.000023.
#ETHETFS #altcoins #MicroStrategy

PEPE whales traded a lot of memecoin yesterday, according to on-chain statistics. These tokens are going here.
PEPE whales were online today.
Last day, Whale Alert reported two huge PEPE trades in a few hours. Both of these actions are characteristic of whales, who may impact the market due to their massive transfers.
Their network position may affect bitcoin prices, thus their movements should be watched. What these investors wanted to accomplish determines how their transfers may affect the asset.
As seen, this PEPE whale transaction's sending address was an unknown wallet, unaffiliated with any centralized platform like an exchange. These wallets are generally investors' self-control addresses.
However, Binance is associated with the receiving address. This suggests that the whale transferred 1,238,332,920,144 PEPE (worth approximately $10.5 million at the time) from their wallet to the exchange.
Such transfers are exchange inflows. When investors wish to sell on these platforms, they make exchange inflows. Thus, exchange inflows may hurt prices.
Given the size of the transaction, PEPE may suffer if the whale made the deposit to sell. However, the second transaction from today is an exchange outflow, which is good news for meme coin investors.
In this transaction, this PEPE whale shifted money from Binance to an unknown wallet. Long-term investors shift to personal addresses since it's safer outside central entities' control. Possibly, this whale will HODL these currencies.
Interesting, this trade involves 1,241,850,000,000 PEPE ($10.5 million), identical to the exchange influx. Since the same trade is engaged in both, the same whale may be responsible.
But because the addresses don't match, it's still unclear. In principle, an equal-sized exchange outflow hours following the influx should offset any negative consequences.
PEPE is now trading at $0.000008445479, up 21% in a week.$ETH #buythedip #altcoins

#buythedip #CryptoWatchMay2024 #BTC #bitcoinhalving Whale Moves 800 Billion SHIB in 1 Minute: Big News, Shiba Inu Price Prediction
SHIB has lost 6% in 24 hours, bringing the Shiba Inu price to $0.00002401 as the crypto market fell 1.5%.
Despite a 2% weekly gain, the meme currency has dropped 10% in two weeks and 15% in 30 days.
However, SHIB has gained 150% in the last year and remains popular with traders despite its ups and downs.
Today's rise followed a whale's 875 billion SHIB transfer from Robinhood on May 2, indicating that the meme currency might rebound shortly.
The purple relative strength indicator fell as low as 35 this morning, but it has since risen near 50, indicating that SHIB's cheap price is enticing buyers.
SHIB's 30-day moving average (orange) is close below its 200-day (blue), indicating additional losses.
It also suggests a bottom is near and the currency will shortly return.
Additionally, SHIB's resistance (red) and support (green) levels are converging, which is promising.
Convergence usually generates a pinch point that compels an asset to shift significantly in either direction.
SHIB has been punished enough in recent days, so this decision should be helpful.
In the tweet above, one huge trader acquired $20 million in SHIB a few days ago, which whales may anticipate.
Smart money expects SHIB to rise shortly, and where whales lead, retail follows.
The larger market will assist SHIB gain in the next weeks and months, since rate cuts will revive the crypto market.
Since its creators raised $12 million for a privacy-focused layer-three network, Shiba Inu may have the best meme token foundations.
Thus, by summer's end, Shiba Inu might hit $0.00004.

Shiba Inu has failed to break through key resistance levels and is now experiencing downward pressure. This movement is characterized by a descending triangle pattern on the charts, indicating potential further declines.
The descending triangle, typically viewed as a bearish signal, suggests that sellers are more aggressive than buyers, leading to progressively lower highs. Currently, SHIB is facing resistance along the triangle's upper trend line, while support has been established around $0.0000237. If this support level fails to hold, there is a strong possibility that SHIB could drop toward the next significant support at $0.000021.
Shiba Inu's market sentiment appears to be tilting toward bearishness. A breach below $0.000021 could lead to a test of the $0.00002 mark. The potential for a breakdown below this level could set the stage for even more of a substantial loss, bringing some troubles for market participants, and for SHIB specifically.
On the flip side, if SHIB can gain enough buying pressure to reverse the current downtrend, a return to higher resistance levels such as $0.0000268 could be possible. This would necessitate a significant shift in market dynamics, potentially driven by positive developments within the Shiba Inu ecosystem or broader market sentiment shifts.
Monitoring volume right now could be the best way to predict an upcoming move for Shiba Inu. Currently, volume trends have been relatively flat, which typically suggests a lack of conviction in the market's direction. An increase in trading volume, especially on upward movement, would be a positive sign that a stronger rebound might be underway, but only if the market in general is reversing upwards, which is not the case for now, unfortunately.#altcoins #BlackRock #buythedip

The collapse of the US government debt market has begun
This will have huge effects on the American economy
🛑🛑🛑 Any news or information issued by me is not advice, so do not forget to use DYOR
♥️ Thank you for Watching my Post ♥️
♥️You can support me with tips to provide better content♥️#RNDR #altcoins #BlackRock

Pepe Coin Price Analysis: Amid a large accumulation trend in Pepe coin, the buyers gave a divisive breakout from the Inverted H&S signals signaling the potential for higher rally.
Pepe Coin Price Analysis: Amid the ongoing market rebound, the Pepe Coin experienced a notable recovery this week, escalating from $0.00000592 to its current trading price of $0.00000842. This 42% upswing in the daily chart revealed the formation of an inverted head and shoulder pattern. This bullish reversal setup commonly observed in the market's local bottom indicates a shift in market dynamic from selling on rallies to buying on dips.
On-Chain Indicators Align for Pepe Coin's Recovery.
PEPE, the Frog-themed Memecoin entered its current recovery trend in mid-April as its price rebounded from a $0.00000393 low. The bullish turnaround propelled the asset 128% within a month to a high of $0.00000893,
Amid this recovery, the PEPE coin price projected two higher low formations indicating the buyers are actively accumulating this asset at dips. Moreover, In a recent on-chain activity, the multisig wallet identified by the address 0x323 made significant moves with the cryptocurrency PEPE, as reported by the on- chain data tracker Spot On Chain.
This wallet withdrew 915.85 billion PEPE tokens, valued at approximately $7.75 million, from Binance. This transaction adds to the wallet's recent activities over the past 28 hours, during which it has withdrawn a total of 1.238 trillion PEPE tokens (valued at around $10.4 million) for its initial trade involving this cryptocurrency.
Amid the renewed recovery sentiment, this activity accentuates higher growth potential for the PEPE price.
On May 4th, the coin buyers gave a decisive breakout from the $0.000008 neckline resistance of inverted head and shoulder pattern. If the chart pattern holds true, the PEPE price should surpass the last swing resistance of $0.0000108 to hit a potential target of $0.000012.
#buythedip #eth‬ #MicroStrategy

Nearly three years ago, Ethereum co-founder Vitalik Buterin shook the crypto world by executing a massive burn of Shiba Inu (SHIB) tokens, removing a staggering 410 trillion from circulation. This bold move, valued at $6.7 billion, marked a pivotal moment for SHIB and the broader market.
On May 17, 2021, Buterin burnt 90% of his SHIB holdings, reducing the total supply by almost half, and donated the remaining 10% to charity. His act reflected a commitment to decentralization and community empowerment.
Now, 1,084 days later, the impact of this historic burn continues to reverberate. While the immediate aftermath saw a mild price spike, the long-term effects have been nuanced, reflecting the complex interplay of technological advancements, market dynamics, and investor sentiment.
With SHIB's current price reflecting a complex mix of factors, the Buterin burn remains a landmark event in crypto history, now valued at a whopping $10 billion. The Shiba Inu community has continued to advance SHIB burns, with recent burns totaling billions of tokens, alongside BONE and LEASH.
In the last 24 hours alone, over 4.7 million SHIB tokens were burned in six transactions, underscoring the ongoing commitment to reducing supply and supporting the token's value.
Stay tuned as the crypto landscape evolves, and let's continue to celebrate the milestones that shape our decentralized#altcoins #BlackRock #eth‬

SHIB breakout the triangle after a bullish rally. An upward move is  expected from here.#MicroStrategy #BlackRock #eth‬

Shiba Inu, the meme coin that captured the hearts of crypto enthusiasts, is now treading on thin ice, showing potential signs of a weak reversal amid dwindling market demand. Here's the scoop on Shiba's shaky steps:
Current Climate:
- Tentative Trend: Despite some upward momentum from recent lows, Shiba Inu's recovery appears fragile, lacking the vigorous buying that marked its previous rallies. 📈↔️📉
- Critical Levels: Shiba Inu is hovering around $0.00002264, grappling with resistance at $0.00002384—a pivotal point that could make or break its next move.
What to Watch:
- Resistance Test: If Shiba Inu can push past $0.00002384, it might set its sights on the next hurdle at $0.00002447. 🎯
- Downward Risk: On the flip side, a slip below the support at $0.00002175 could see it spiraling towards the $0.00002000 mark, a critical threshold for its near-term trajectory. ⚠️🔻
Market Mood:
- Cautious Sentiment: With the market's lukewarm appetite for risk, especially towards meme coins, Shiba Inu finds itself in a precarious position, needing more than just meme magic to sustain its market cap.#CryptoWatchMay2024 #MicroStrategy #BlackRock

$SHIB seems primed for a significant bullish rally ahead. 🚀
#SHIBUSDT and #USDT closely for potential bullish movements. 📈📈
@BreakOut_Expert #bitcoin #Binance #USDT $SHIB #BlackRock #altcoins #eth‬

Pepe (#PEPE )
Pepe (PEPE), a cryptocurrency inspired by the popular Pepe the Frog meme, is making waves in the digital currency market. Launched on the Ethereum blockchain, this platform is inspired by the viral internet culture, much like its predecessors Dogecoin and Shiba Inu.
PEPE price has increased by 10% in the last 24 hours to $ 0.000008533. This increase comes amid a broader market correction observed last month.
With a transaction volume of $ 1.24 billion during the same period, PEPE rose to ninth place in the market capitalization ranking, indicating an increased interest in meme-centric cryptocurrencies.
3. Dogwifhat (#WIF )
Dogwifhat (WIF), the digital currency on the Solana blockchain, is experiencing an extraordinary increase in growth. with a market capitalization of $2.7 billion, it is currently 39th on CoinMarketCap. is ranked. WIF has increased by 1543% since its introduction on November 20, 2023.
This remarkable increase in value puts it ahead of well-known meme tokens such as Shiba Inu and Pepe coin. Investors now see Dogwifhat as a major competitor in the meme coin sector, generating potential profits of up to $100,000 in May alone.
4. Bonk (#BONK )
Bonk (BONK), a new cryptocurrency inspired by the dog themes on the Solana network, recently shook up the market by distributing 50% of its tokens to Solana users. This strategy quickly increased its market capitalization to an impressive $ 1.59 billion.
Bonk, which is currently priced at $ 0.00002852, experienced a 14% increase the previous day. Moreover, its value has increased by 4153% this year. These statistics show that Bonk can be a lucrative investment and can challenge Dogecoin's potential to become one of the most popular cryptocurrencies to follow.
As a result
With the crypto market on the rise, these meme coins offer exciting growth opportunities. Their distinctive features and enthusiastic ensembles make them strong candidates for significant returns this month.#altcoins #MicroStrategy #buythedip

SHIB: brief price analysis by CoinPedia
Following in the footsteps of the category leader, the second largest memecoin by market cap, Shiba Inu price continues to display a similar trend by recording a jump of approximately 4% within the past 24 hours. Furthermore, the SHIB token has a Year-to-Date (YTD) of 121.38% in value.
However, the SHIB coin price has lost 11% within the past seven days and 15.32% over the past 30 days, highlighting a rising bearish sentiment for the memecoin in the crypto space. On the other hand, its EMA 50-day acts as a resistance to the price chart, indicating a negative influence in the crypto space.
The Moving Average Convergence Divergence (MACD) shows a constant flatline in its chart, indicating weak buying and selling pressure for the memecoin in the market. However, the averages display a neutral trend, suggesting uncertainty in future price action.
If the market pushes the price above the resistance level of $0.00002375, the bulls will regain momentum and prepare to test its upper resistance level of $0.0000308. Conversely, bearish price action may pull the price toward its support level of $0.0000170 during the upcoming weeks#altcoins #BlackRock #MicroStrategy