CandleFocus Only 1.2 Trillion Shiba Inu (SHIB) in 24 Hours: What's Happening?
2024-10-13
Author: Content Editor
The on-chain data for Shiba Inu (SHIB) indicates a decline in transactions and a decrease in support from institutional and large-scale investors. This drop in transaction volume suggests that major holders are leaving the asset. The inability to overcome a pivotal resistance level and the lack of significant bullish momentum make it challenging for SHIB to make progress. However, there is still hope with long-term support provided by the 200-day moving average. To change the perception and make progress, SHIB needs a substantial increase in purchasing pressure, as the ongoing whale exodus and weak market performance hinder its growth.
Related News
$64,000 Breakout Looms: Traders Prepare for Bitcoin’s Next Move After Consolidation Top Upcoming Tokens to Unlock Today: Pendle, GMX Leads Others Arkham Gains Momentum: Surges by 26.8% in a Week with $482M Market Cap Vitalik Buterin Offloads More Meme Coins Despite Criticism Is Crypto Liquidity Drying Up? Stablecoin Market Cap Sees $780M Reduction Akash CEO Greg Osuri on DePIN's appeal to mainstream users — and regulators 'Off The Grid' exposes mainstream audiences to blockchain gaming Patience Pays Off: How One Trader’s Short on WIF is Shaped by BTC Movements Uniswap Leads the Charge in $30M Ethereum Burn, Setting DeFi on Fire Sei Network Price Took U-turn, Does It Have Potential To Make It Big? Bitcoin’s Fixed Supply: A Game Changer in Cryptocurrency StakeLayer up by over 250% amidst market downturn: DMT and THL up by double digits TRON Sees Rapid Growth with Monthly 10M Active Users in 2024 Top Crypto Projects by Weekly TVL Growth, PSTAKE Leading the Pack Trust issues: Can crypto regulation stop those who ‘bamboozle and defraud’? Crypto Analyst Predicts Incoming Parabolic Rally for Bitcoin, Says Wait Almost Over for BTC Renewed Speculation on Satoshi Nakamoto’s True Self Sparks Debate Watch Out: There Are Many Economic Developments and Altcoin Events in the New Week! Here is the Day by Day, Hour by Hour List! A $653 Million Liquidation Could Be Triggered If Bitcoin Price Falls Below This Level 5 Reasons Why Solana Price Could Hit $180 By October End Exploring the Top-Traded Tokens on BNB Chain This Week: GALA, CAKE, TWT, and Others Participate in the Club XYZ experience in The Sandbox to win SAND rewards Total $AXS staked have increased by 11.34% since October, 2023 A roundup of key economic events happening this week Saylor Pitches "Bitcoin Collection" to Christian Ronaldo Bitcoin’s indecisiveness could drive investors to SUI, APT, TAO, and WIF Is this Bitcoin rally the fruit of manipulation? Fantom Crypto Stuck In Range: What’s The Timeline For A Shift? Bitcoin (BTC) Price Prediction for October 13 SHIB Price Prediction for October 13 Watch Out: 23 Altcoins Have Massive Token Unlocks in the New Week – Here is the Day by Day, Hour by Hour List Professor Coin: How Do You Price Cryptocurrencies Like Bitcoin and Ethereum? $ARIX Tops Crypto Market Gainers with a 25.8% Surge on October 13 430 Trillion SHIB Price Cluster: What Will Shiba Inu Bulls Do? Nvidia's insider trader dumps another $20 million worth of NVDA shares XRP Price Prediction for October 13 Off The Grid, battle royale game with planned crypto features, nabs #1 slot on Epic Games Store Stablecoins improve payments for e-commerce and bring new retailers to crypto | Opinion Crypto airdrop: check immediately if you are eligible for Swell and Optimism Avalanche Network Targets Vertical Expansion Strategy Aptos surges 20% in 24 hours, open interest reaches 6-month high Inside the Crypto Web: Cumberland’s Controversial Role and Tether’s Troubling Ties Polygon Recovers But Fails To Break Above The $0.42 Barrier Chinese Giant Acquires New Altcoin – It Was Fully Liquidated in 2022 XRP Could Reach $4 to $6 as it Only Dropped to $0.51 After SEC Appeal, Compared to 70% Crash in 2020 Trading Volume Explodes in 5 Altcoins in South Korea Michael Saylor Delivers Impressive Bitcoin Strategy Insight Bitcoin reserves on exchanges plunge to all-time low, fundamentals remain strong SUI, CHZ, COIN: Top cryptocurrencies to watch this week Whale Confidence Grows as Bitcoin Stays Strong—What’s Next for BlackRock? Predict Bitcoin’s Price VET/BTC Price Chart Marks 5-Year Low Indicating Major Signal for Accumulation and an Eventual Price Pump Expert Pinpoints Specific Timeframe for XRP to Reach $3 Dogecoin Rockets to 8-Month High in Activity, Not Price Why Bitcoin price is set for $105,000 target and beyond MicroStrategy's Saylor Names One Thing Better Than Bitcoin Memecoins’ Next Rally Depends on Users’ Sentiment – Opinion Only 1.2 Trillion Shiba Inu (SHIB) in 24 Hours: What's Happening? Andre Cronje critiques appchains: High costs and liquidity challenges AAVE Price Eyes $200 as Whale Buying Sphere Hits Key Fibonacci Support Gate Ventures, Movement Labs, Boon Ventures to launch $20M crypto fund Ripple CTO: Nobody Cares What Satoshi Wanted for Bitcoin Sell time? Overbought cryptocurrency signals a bearish reversal Cybercriminals Exploit ChatGPT’s Name in New Ethereum Scam: MEV Bot Fraud Unveiled Bitcoin Whale Raises Holdings by 200 $BTC Following $181M in Gains 3 Crypto Assets Poised for Explosive Growth: TIA, FET, WIF JOE Coin Price is Rising: What's Next? Bitcoin Calms Down at $63K as Aptos (APT) Explodes 20% Daily: Weekend Watch Golden Cross Reappears on BTC Charts: Another Explosive Rally on the Horizon? Here’s XRP Price if It is Able To Fully Replace SWIFT The Next 3 Big Altcoin Picks for Explosive Growth: NOT, JASMY, XRP ZachXBT claims there is an uptick in thieves targetting crypto traders offline APT Breaks Free from Key Support Level, Massive Rally Ahead? The Best Ways to Buy Bitcoin & Cryptocurrency in the EU (2024) UK Faces Privacy Challenges Ahead Of 2025 CBDC Pilot The Global Liquidity Cycle and Its Implications for Crypto What Are Based Roll-Ups? A Beginner’s Guide Market Expert Says This Time is Different for XRP: Here’s Why Ethereum Price Hits $2,474.81 Amid Market Fluctuations Fall’s Altcoin Picks for Triple-Digit Growth by 2025: FTM, LINK, AVAX Ethereum Holds Above $2,300 And Approaches Bearish Exhaustion Elizabeth Warren vs. Innovation: It’s Time for Massachusetts to Choose How Bitcoin Miners Are Tapping Into the AI Gold Rush - Part 1 APT Breaks Free from Key Support Level, Massive Rally Ahead? The Best Ways to Buy Bitcoin & Cryptocurrency in the EU (2024) InvestiRay Expands the List of Tools The Evolution of Venture Capital in Web3: How Victus Capital is Leading the Charge An Analytical Perspective on the WTK WadzPay Crisis: Expert Insights Inside Crypto Titan Adds 200 BTC: ‘Strategic Timing’ Pays Off with $181M Profit Bitcoin Bull Run To Resume Soon? Crypto Market Liquidity At Record Highs Big Moves in 2024: The 5 Meme Coins That Are Grabbing Market Attention Want to Trade Ripple Safely? Here’s Why These 5 Exchange Features Matter Repeated Resistance Testing: Is FOXY About to Make a Breakout? South Africa's Tax Agency Adds Crypto to Compliance Programs Unpacking the Markup Phase of the Wyckoff Schematic: XRP’s Time to Shine? $AXL Token Spikes by 42% as DWF Labs Transfers $420K to Binance Bitcoin and Altcoin Rally Ahead As China Boosts Debt Ceiling in Economy Stimulus Crypto Companies paid $19B in Settlements to US Regulators in 2024 Ethereum MVRV Score Signals Cooling Market Momentum – Time To Buy? Russian Investigator Sentenced to 16 Years for Accepting $65M Bitcoin Bribe from Hackers Grayscale Considers Kaspa for Future Investment Products Amid Portfolio Expansion Ethereum-Based Virtual Reality Platform Decentraland Tops Santiment’s Rankings of NFT Projects by Development Next Big Cryptocurrency Picks: Avalanche, BNB, And Other Velo Protocols Publishes New Litepaper, Targets Blockchain Innovation with RWAs and PayFi 5 Leading Crypto Exchanges Dutch Investors Trust in 2024 Neiro On Ethereum Enters Top 100, Faces Stiff Market Competition