Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Is a bitcoin -top income? What suggest these flashing indicators

2025-05-17

Genius Act votes on May 19: Will the US finally regulate Stablecoins?

2025-05-17

Jan 2024 SECs x Account Hacker received 14 months in prison for cyber fraud

2025-05-17
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    The Alice Collective elevates ‘My Neighbor Alice’ in collaboration with Persona Journey

    2025-05-17

    Cardano (ADA) Founder reveals long-awaited AirDrop details! Will be distributed among 37 million portfolios! – Some users cannot receive AirDrop!

    2025-05-17

    Top 5 block chains due to 7-day growth in active addresses and transactions

    2025-05-17

    SFT protocol to redefine Web3 Sports Landscape in collaboration with Athleta Network

    2025-05-17

    Rideshare Company Lyft taps bee cards for decentralized mapping data

    2025-05-17
  • NFT

    Raoul Pal sees NFT market exploding when Ethereum Bull Cycle is approaching

    2025-05-17

    Ethereum is at the top of the charts in weekly NFT sales with $ 44.7 million in sales volume

    2025-05-16

    Founder wallet emptied while he leaves

    2025-05-15

    British Museum puts sculptures from Dürer’s ‘Rhinoceros’ on Bitcoin Blockchain

    2025-05-14

    The Shibuya streaming platform from PPLEPPLEASR is back with 5 epic short films

    2025-05-14
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    Michael Burry van Big Short abruptly sells one ‘recession-proof’ assets

    2025-05-17

    $ 40 billion in XRP on the road – where are they going?

    2025-05-17

    Bitcoin who sees heavy accumulation on Coinbase and Binance, says analysis company Glassnode – here is the prospects

    2025-05-17

    Analyst who mentioned XRP price mark at $ 0.5 says that the increase in this level is coming

    2025-05-17

    Billionaire Warren Buffett dumps $ 3,230,000,000 from Berkshire’s exposure to Citigroup, Bank of America and Capital One after leaving Wells Fargo, JPMorgan Chase

    2025-05-17
  • Learn

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15

    Inside Changelly: 10 years of steadfast support and compliance

    2025-05-15

    What Is Proof-of-Work (PoW)?

    2025-05-12

    What Is Proof-of-Authority (PoA)?

    2025-05-10
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Altcoins»Shiba Inu price recovers towards $0.00003, putting 69% of all holders back in the green
Altcoins

Shiba Inu price recovers towards $0.00003, putting 69% of all holders back in the green

2024-12-12No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

This article is available in Spanish.

The Shiba Inu price has risen to $0.00003, increasing most of the price SHIB holders back in green. This is significant, considering how this could put Shiba Inu on the path to higher prices.

Most SHIB holders in green as Shiba Inu price returns

IntoTheBlock data shows that most SHIB holders are in the green as the Shiba Inu price returns to $0.00003. 69% of this SHIB holders are now in the money, while 24% are out of the money and 6% are currently in the money. This could be bullish for the Shiba Inu price as holders are less likely to sell when they are in the money.

Related reading

Shiba Inu Prize 1
Source: IntoTheBlock

This could reduce sales pressure on SHIB and preserve the Shiba Inu price recovery. The meme coin has recovered towards $0.00003. The ‘In the Money’ metric shows that the next significant resistance level for Shiba Inu to overcome is $0.000033. 130,620 wallet addresses purchased 15.06 trillion SHIB tokens around this level.

However, the on-chain metrics still paint a bearish picture for Shiba Inu, which is undoubtedly concerning. Data from IntoTheBlock shows that the ‘Concentration’ metric is in the red, indicating this SHIB whales currently have bearish sentiment towards the meme coin and are choosing not to collect more coins.

This large transaction metric is also bearish at the moment, as Shiba Inu whales choose not to collect more coins. The net network growth also paints a bearish picture for the Shiba Inu price, as there is currently a low inflow of new addresses purchasing the meme coin.

See also  Bitcoin Coinbase Premium Gap stays in a positive zone - what this means for the price

The Shiba Inu combustion rate has also remained inconsistent, providing further bearish prospects for the Shiba Inu price. Shibburn data shows that the burn rate has dropped by more than 79% in the last 24 hours, with three million coins burned during this period.

From a technical analysis perspective

Crypto analyst Javon Marks has provided a bullish outlook for Shiba Inu from a technical analysis perspective. In an X post, he stated that Shiba Inu recently confirmed another bullish pattern, which could lead to a continuation of the uptrend. The analyst added that another big upside move could be in play for SHIB, with the meme coin potentially rising to $0.00081 or even higher.

Related reading

Shiba Inu Prize 2
Source:

The crypto analyst further said that with this target of $0.000081, the Shiba Inu price could see a 180% increase and that this rally may already be in play. A rally to $0.000081 could pave the way for Shiba Inu to surpass its current price highest ever (ATH) of $0.000088.

At the time of writing, the Shiba Inu price is trading around $0.000029, up more than 8% in the past 24 hours, according to facts from CoinMarketCap.

Shiba Inu price chart from Tradingview.com
SHIB price struggles to break $0.00003 | Source: SHIBUSDT on Tradingview.com

Featured image created with Dall.E, chart from Tradingview.com

Source link

Green holders Inu Price putting Recovers Shiba
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Genius Act votes on May 19: Will the US finally regulate Stablecoins?

2025-05-17

Pi’s 4-week rally threatened what will decide if $ 0.30 is the next one

2025-05-17

Bitcoin Options Market also signals upwards potential for BTC price: New ATH soon?

2025-05-17

Trump Token Mania: More than 6,000% pump or classic Solana Trap?

2025-05-17
Add A Comment

Comments are closed.

Top Posts

How loyal supporters can claim free tokens worth $ 50

2025-02-18

Gaming NFTs are in the top 3 for daily sales; Fantasy Top leads with US$831K

2024-05-29

ABGA partners with Animoca Brands for Kaia Demo Day

2024-11-20
Editors Picks

Could a deeper decline be in store?

2024-12-30

Several crypto exchanges reportedly block Russian users because of EU sanctions

2022-10-14

Ethereum Price Reaches $3,450: Can It Continue?

2024-11-13

Dogecoin Price (DOGE) Struggles: Can It Overcome the Slump?

2024-09-04
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Is a bitcoin -top income? What suggest these flashing indicators

Genius Act votes on May 19: Will the US finally regulate Stablecoins?

Jan 2024 SECs x Account Hacker received 14 months in prison for cyber fraud

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$103,311.49-0.23%
  • ethereumEthereum(ETH)$2,479.39-0.72%
  • tetherTether USDt(USDT)$1.000.01%
  • rippleXRP(XRP)$2.36-0.42%
  • binancecoinBNB(BNB)$642.77-0.08%
  • solanaSolana(SOL)$167.03-0.79%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.215978-1.09%
  • cardanoCardano(ADA)$0.74-2.34%
  • tronTRON(TRX)$0.2718250.91%
  • suiSui(SUI)$3.75-0.91%
  • chainlinkChainlink(LINK)$15.38-0.93%
  • avalanche-2Avalanche(AVAX)$22.23-2.41%
  • stellarStellar(XLM)$0.286598-1.48%
  • hyperliquidHyperliquid(HYPE)$26.45-3.52%
  • shiba-inuShiba Inu(SHIB)$0.000014-0.31%
  • hedera-hashgraphHedera(HBAR)$0.191451-1.39%
  • unus-sed-leoUNUS SED LEO(LEO)$8.62-3.60%
  • bitcoin-cashBitcoin Cash(BCH)$396.35-0.30%
  • the-open-networkToncoin(TON)$3.070.34%
  • litecoinLitecoin(LTC)$96.45-2.80%
  • polkadotPolkadot(DOT)$4.61-1.61%
  • moneroMonero(XMR)$339.380.26%
  • bitget-tokenBitget Token(BGB)$5.031.45%
  • daiDai(DAI)$1.000.00%
  • piPi(PI)$0.741.03%
  • pepePepe(PEPE)$0.000012-1.41%
  • ethena-usdeEthena USDe(USDE)$1.00-0.02%
  • bittensorBittensor(TAO)$423.25-0.14%
  • uniswapUniswap(UNI)$5.74-3.38%
  • aaveAave(AAVE)$220.50-3.10%
  • nearNEAR Protocol(NEAR)$2.69-2.74%
  • aptosAptos(APT)$5.07-2.13%
  • okbOKB(OKB)$53.140.16%
  • ondo-financeOndo(ONDO)$0.92-0.77%
  • kaspaKaspa(KAS)$0.108958-6.18%
  • ethereum-classicEthereum Classic(ETC)$18.13-1.61%
  • internet-computerInternet Computer(ICP)$5.15-1.26%
  • gatechain-tokenGateToken(GT)$21.620.22%
  • crypto-com-chainCronos(CRO)$0.097219-2.27%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.690.82%
  • mantleMantle(MNT)$0.73-1.08%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.232799-0.36%
  • vechainVeChain(VET)$0.027737-1.29%
  • render-tokenRender(RENDER)$4.53-0.79%
  • usd1World Liberty Financial USD(USD1)$1.000.06%
  • ethenaEthena(ENA)$0.361802-7.33%
  • filecoinFilecoin(FIL)$2.80-1.20%
  • algorandAlgorand(ALGO)$0.215575-2.32%
  • cosmosCosmos(ATOM)$4.72-0.68%
  • bitcoinBitcoin(BTC)$103,311.49-0.23%
  • ethereumEthereum(ETH)$2,479.39-0.72%
  • tetherTether USDt(USDT)$1.000.01%
  • rippleXRP(XRP)$2.36-0.42%
  • binancecoinBNB(BNB)$642.77-0.08%
  • solanaSolana(SOL)$167.03-0.79%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.215978-1.09%
  • cardanoCardano(ADA)$0.74-2.34%
  • tronTRON(TRX)$0.2718250.91%
  • suiSui(SUI)$3.75-0.91%
  • chainlinkChainlink(LINK)$15.38-0.93%
  • avalanche-2Avalanche(AVAX)$22.23-2.41%
  • stellarStellar(XLM)$0.286598-1.48%
  • hyperliquidHyperliquid(HYPE)$26.45-3.52%
  • shiba-inuShiba Inu(SHIB)$0.000014-0.31%
  • hedera-hashgraphHedera(HBAR)$0.191451-1.39%
  • unus-sed-leoUNUS SED LEO(LEO)$8.62-3.60%
  • bitcoin-cashBitcoin Cash(BCH)$396.35-0.30%
  • the-open-networkToncoin(TON)$3.070.34%
  • litecoinLitecoin(LTC)$96.45-2.80%
  • polkadotPolkadot(DOT)$4.61-1.61%
  • moneroMonero(XMR)$339.380.26%
  • bitget-tokenBitget Token(BGB)$5.031.45%
  • daiDai(DAI)$1.000.00%
  • piPi(PI)$0.741.03%
  • pepePepe(PEPE)$0.000012-1.41%
  • ethena-usdeEthena USDe(USDE)$1.00-0.02%
  • bittensorBittensor(TAO)$423.25-0.14%
  • uniswapUniswap(UNI)$5.74-3.38%
  • aaveAave(AAVE)$220.50-3.10%
  • nearNEAR Protocol(NEAR)$2.69-2.74%
  • aptosAptos(APT)$5.07-2.13%
  • okbOKB(OKB)$53.140.16%
  • ondo-financeOndo(ONDO)$0.92-0.77%
  • kaspaKaspa(KAS)$0.108958-6.18%
  • ethereum-classicEthereum Classic(ETC)$18.13-1.61%
  • internet-computerInternet Computer(ICP)$5.15-1.26%
  • gatechain-tokenGateToken(GT)$21.620.22%
  • crypto-com-chainCronos(CRO)$0.097219-2.27%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.690.82%
  • mantleMantle(MNT)$0.73-1.08%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.232799-0.36%
  • vechainVeChain(VET)$0.027737-1.29%
  • render-tokenRender(RENDER)$4.53-0.79%
  • usd1World Liberty Financial USD(USD1)$1.000.06%
  • ethenaEthena(ENA)$0.361802-7.33%
  • filecoinFilecoin(FIL)$2.80-1.20%
  • algorandAlgorand(ALGO)$0.215575-2.32%
  • cosmosCosmos(ATOM)$4.72-0.68%