Famous cryptocurrency investor Armando Pantoja of X has projected a target price for SHIB, the native token of the Shiba Inu ecosystem, over $0.001. Pantoja listed a number of cryptocurrencies that he believes will rise along with his predictions for their respective price ranges in a recent post.
Read MoreA brand-new memecoin called Flying Monkey (FLYMONK), which debuted on Solana today, is expected to make significant gains in light of the recent declines in popularity of DogWifHat (WIF) and Shiba Inu (SHIB).
Read MoreIn the past seven days, Pepe (PEPE) holders have seen a 24% decrease in their bags as meme coins have suffered some of the worst losses during a market-wide decline.
Read MoreThis suggests that the market is in a very bearish trend. In addition, SHIB's market capitalization has decreased by 12% to $12.7 billion, with $1.9 million worth of trading activity every day. According to Shibburn, Shiba Inu's token burn rate has increased dramatically during the last day, leaping by an astounding 25,035.22%.
Read MoreSignificant investors in the meme-inspired cryptocurrency Shiba Inu (SHIB) have increased their holdings dramatically, setting off on-chain fireworks. This is a noteworthy example of whale activity. These major players amassed an astounding 2.85 trillion tokens in a single day.
Read MoreThe quantity of tokens being transferred to the burn address has significantly increased, according Shibburn data.
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