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The SHIB token has dropped 9.5% in 24 hours, adding another zero to its price as roughly 138 billion tokens were moved to exchanges. At the time of writing, the price sits at $0.000009351 with trading volume declining 9.31% to $5.51 billion. The selloff triggered ecosystem marketing lead Lucie to address the community and counter claims of a “dead ecosystem.” Her message focuses on transformation rather than simple recovery, and whale activity continues pressuring prices across the sector. SHIB Whale Moves Signal Turbulence but Shiba Inu Recovery Looms Source: Watcher.Guru 138 Billion Tokens Transferred as Shiba Inu Crashes The recent drop gained momentum as it was estimated that around 138 billion SHIB was transferred to other exchanges by the holders. This was an indication that the token is ready to be dumped as it faced technical weakness. With this giant transfer, selling pressure was created since SHIB was below crucial support levels that it had been in during the oth...

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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 ...

Base, the Coinbase-sponsored second layer blockchain for Ethereum that prided itself on not having a proprietary token, has launched a proprietary token. After a brief rally of two hours on its surprise announcement, the newly minted BASEISFOREVERYONE memecoin crashed 88% within two minutes . Then, at 4:30pm, someone decided to pull the rug out from under buyers, and within seven minutes, its price crashed 94%. It has since rebounded to just shy of $10.4 million. Despite the token’s crash, Base didn’t delete its announcement tweet. Instead, it tried to renew enthusiasm for the disastrous launch. Founder Jesse Pollak made no apologies and carried on with his podcast tour while retweeting blame-the-victim style admonitions about “teaching a valuable lesson” to crypto speculators. Coinbase, meanwhile, has claimed that “Base did not launch a token.” A spokesperson told Cointelegraph, “This is not an official Base token, and Base did not...

XRP faced intense selling pressure this week, plunging below the critical $2 mark amid broader market panic triggered by President Donald Trump’s sweeping global tariff announcement. The sharp downturn on April 2 led to a 5.63% drop in XRP’s price, contributing to a wider cryptocurrency market sell-off that erased more than $140 billion in value. XRP one-day price chart. Source: Finbold Despite the steep decline, XRP managed to stage a modest rebound, rising nearly 3% intraday to trade at $2.06 at press time.  The recovery comes amid early signs of market recovery and coincides with the Senate Banking Committee’s advancement of Paul Atkins’ nomination to head the U.S. Securities and Exchange Commission (SEC). XRP at risk of breakdown to $1.30 Despite a short-term recovery, analysts warn that XRP remains vulnerable to a significant downward move.  The token is flashing a major technical red flag after decisively breaking below the $2 neckline of a he...

Bitcoin might crash after a fake price rise that failed to reach new highs. Expert trader Alan Santana sees multiple danger signs in current market conditions. Bitcoin has dropped for five days straight – something not seen since May 2023. Market data shows consistently low trading volumes and weakening price support levels, raising serious concerns about future price stability. Also Read: How High Bitcoin (BTC) May Pump If Trump Wins The US Elections? Navigating Bitcoin’s Volatility: Expert Insights and Price Analysis Image: Watcher Guru Bitcoin (BTC) Critical Support Levels Under Pressure BTC now sits at a key price point of $69,000, with mounting pressure from sellers. Santana warns of a major market crash that could push prices down to $40,000 if it drops below this mark. Recent charts show a clear “rounded top” pattern, which typically signals more price drops ahead. A failed attempt to break through the $73,800 resistance level strengthens the bearish case....

With Bitcoin (BTC) still struggling to surpass and stay over the critical psychological price level at $60,000, some cryptocurrency experts predict another massive crash before the maiden crypto asset can continue toward making new all-time highs (ATHs). As it happens, Bitcoin has been increasing its dominance in recent weeks, signaling the possibility of a strong crash as it happened before, according to the observations shared by pseudonymous crypto market analyst Mikybull Crypto in an X post on August 12. Bitcoin crash before recovery Specifically, the crypto trading expert has noted that Bitcoin’s “crash down will be as violent as it was after the cycle bottom signal,” matching the flagship decentralized finance (DeFi) asset’s dominance cycle top confirmation, as the analyst’s chart demonstrates. Picks for you Bifrost to transition...

Robert Kiyosaki, a prominent investor and the author of the best-selling personal finance book ‘ Rich Dad Poor Dad,’ took to X on the evening of July 3 to deliver a message of doom and a message of hope. According to the Finfluencer , ‘technical charts’ are indicating that the ‘biggest crash in history’ and that the value of assets across the board –  stocks, real estate, commodities, and cryptocurrencies including Bitcoin (BTC) – will soon collapse. The warning fits within Kiyosaki’s more long-standing claims that the current system is highly unstable and is set to collapse.  Picks for you Economist says Fed it’s 'way too late' to rescue economy, warns largest crash next 1 min ago Colorado's most active...

Top Pepe mania profiteers have dumped their PEPE tokens en masse, suggesting declining holding interest among whales. Earlier in May, the market capitalization of Pepecoin (PEPE) — a cryptocurrency inspired by the popular internet meme Pepe the Frog — had soared to $1.8 billion. Two weeks later, the PEPE market cap has come crash ing down to roughly $665 million, a 65% decline. Let’s look at the reasons why.  PEPE market capitalization since April. Source: CoinGecko Pepe mania winners dump PEPE whales appear to have been primarily responsible for the price drop, according to data tracked by Wuligy, an on-chain analyst at Dune Analytics. Notably, the top fifteen addresses with the highest earnings and returns, and those holding a significant amount of PEPE tokens around its market peak have dumped most of their holdings in recent weeks.  Some whales have even sold 100% of their PEPE reserves during the crash, as shown below. Top 15 Pepe addresses with highest earnings and returns. Sou...