NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident

SHIB Price Trends Sideways – Will It Surge Anytime Soon?

Ana N.
Ana N.
2 years ago
2 mins read
SHIB Price Trends Sideways, Will It Surge Anytime Soon?

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

The crypto market’s overall performance has not been impressive, including memecoins like SHIB. The prices of almost all crypto assets declined over the past few weeks. But then, the story changed just when it seemed like the market was to witness high volatility.

With the strong influence of the bears, the value of digital assets took to the south. In addition, the recent collapse of one of the world’s prominent crypto exchanges, FTX, spiked an unfavorable shift in the space.

Related Reading

Solana

FTX Crash Triggers Major Selloff In Solana Price – How Deep Will SOL Dive?

2 years ago

Following the trend in the market, the leading memecoins have shown strength in their movement. Though the entire market suffered, memecoins fared more positively than most crypto tokens.

Over the last week, Dogecoin (DOGE) rose by almost 14%. On its part, Shiba Inu (SHIB) has given a tremendous upward movement. This new strength in SHIB is raising eyes if the token could make more positive progress in the coming weeks.

Will SHIB Record A Price Jump Soon?

Despite the prevailing bearish market trend and other negative factors, SHIB displayed an impressive record. Several top whales have had massive SHIB holdings through the thin period.

As per data from Whalestats, Shiba Inu recorded up to 500 Ethereum whales that hold more than $76 billion worth of SHIB. Furthermore, it reported that the past two weeks had not significantly changed the SHIB holdings of the top 100 whales on the Ethereum chain.

Shiba Inu gathered more value as Elon Musk took over Twitter. This created a spike in the value of SHIB, causing the coin to hit a new ATH in October 2022. After Musk’s acquisition, Shiba Inu was competing favorably against Dogecoin. As a result, arguments erupted online over which memecoin between SHIB and DOGE will hit $1 first.

Even though the collapse of the FTX crypto exchange drained what the memecoin accrued during the period, there’s still hope for it.

SHIB, One Of The Safest Crypto Coins?

The crypto space has been facing growing fear and doubts with the collapse of FTX and the twists of events that followed it. As a result, investors now desire safe investment options in the crypto market to secure their funds.

A report from Santiment Insights highlighted Shiba Inu as one of the safest coins for investment in the current crypto market.

Related Reading

Chainlink

Chainlink May Rise 25% This Week As Bulls Work To Reclaim Its Pre-Crash Value

2 years ago

On-chain, data revealed the transfer of about 1.8 trillion SHIB coins in several exchanges early this week. Also, there were similar transfers of Shiba Inu from giant whales following the collapse of the FTX crypto exchange.

SHIB Price Trends Sideways, Will It Surge Anytime Soon?
Shiba Inu price grows with over 1% gains l SHIBUSDT on Tradingview.com

According to Santiment, Shiba and Uniswap are historically within the assets group with the lowest purchasing risk. However, they are at the bottom among the top 10 tokens based on Market Cap versus Realised Cap (MVRV) calculations.

Featured image from Pixabay, chart from TradingView.com
Tweet123Share196ShareSend
Ana N.
Ana N.

Ana N.

Passionate Writer and Blockchain fanatic.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Dogecoin

312 Million Dogecoin Moved To Coinbase – What’s Going On?

The price action of Dogecoin in the past 48 hours have seen it finally break below the $0.2 mark after...

Scott Matherson 1 day ago
Ethereum Pulls Back 10% But Holds Monthly Gains – Is the Next Pump Loading?

Ethereum Pulls Back 10% But Holds Monthly Gains – Is The Next Pump Loading?

Ethereum is holding strong above the $2,500 level, showing resilience as the broader crypto market undergoes a healthy pullback. Despite...

Sebastian Villafuerte 1 day ago
Dogecoin

Can Dogecoin Price Still Rally 1,000%? Analyst Reveals End-Of-Year Prediction

A crypto analyst has forecasted a potential 1,000% rally for the Dogecoin price by the end of the year, suggesting...

Scott Matherson 1 day ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Shiba Inu

Shiba Inu Crash To Calm – Is SHIB Forming A Base Below?

Godspower Owie 3 hours ago
Dogecoin price news

Dogecoin Just Hit Its Final Support—Bulls Have One Last Shot

Jake Simmons 6 hours ago
Ethereum Price Consolidates and Eyes Recovery

Ethereum Price Stabilizes After Drop — Can Bulls Regain Control?

Aayush Jindal 12 hours ago

Premium Sponsors

Top Brands

Press Releases

  • Cryptocurrency Enthusiasts: How to Use Ripple (XRP) to Earn...

    1 hour ago
  • Is BTC cloud mining real? Can you really make $10,000 a...

    2 hours ago
  • Trust Wallet Launches Buy+, Powered by Binance Connect, to...

    3 hours ago
  • Cloud Mining Trick Makes $9,0177 a Day — #XRP &...

    13 hours ago
  • RIPPLECOIN Mining creates stable income cloud mining...

    20 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.