Memecoins such as
SHIB and Dogecoin are experiencing a downward trend after Shibarium was allegedly hacked, resulting in a loss of $2.4M. Despite this, substantial movement of SHIB tokens from so-called 'whales' could point to an impending crash or rally. The recent incident has driven
Shiba Inu bulls to accumulate 512 billion SHIB, potentially instigating a surge in value. Observers anticipate there might be a risky situation in the cryptocurrency market consisting of SHIB and Ethereum, as both exhibit patterns indicative of market instability. The
Shiba Inu network has reportedly suffered a breach leading to loss of Ethereum and SHIB, raising concerns about the meme coin's security. Nonetheless, due to a boost from DOGE whales, Shiba Inu aims to scale a 200-day SMA. The cryptocurrency industry offers several meme coin alternatives such as PENGU and LBRETT that could possibly outperform SHIB in this bull run. Gradually,
Remittix has gained popularity as a promising new crypto to buy, with SHIB and PEPE following on its heels. Despite a struggling consolidation phase, SHIB millionaires are diverting towards utility coins in pursuit of significantly larger returns. Moving forward, market observers expect Shiba Inu's price to surge amid dwindling exchange reserves and pending ETF discussions. Furthermore, a noticeable withdrawal of 500 billion SHIB from an exchange by an anonymous whale suggests the potential onset of a meme coin season.
SHIB Coin News Analytics from Sun, 10 Aug 2025 07:00:00 GMT to Wed, 17 Sep 2025 22:30:00 GMT -
Rating 4
- Innovation -6
- Information 3
- Rumor -4
