Prix de Shiba Inu on BaseSHIB

Meme Coins BONK, FLOKI, WIF, SHIB, and DOGE Suffer The cryptocurrency market took another dive on December 10, 2024, as Bitcoin fell below $95,000 for the second time in as many days, triggering widespread liquidations. Meme coins in particular suffered some of the heaviest losses. After briefly rallying to a multi-year high of $0.485, Dogecoin (DOGE) has fallen 12% in the past 24 hours and is now trading below $0.40. Shiba Inu (SHIB) has fallen 15% to $0.000025, while other meme coins like FLOKI, BONK, and WIF have all suffered losses of around 20%. FLOKI struggled to hold above $0.00022, while BONK was trading at just $0.00034.  Despite their recent setbacks, these meme coins still dominate the market in terms of social engagement, with Dogecoin and Shiba Inu remaining among the top 20 assets by market cap. The meme coins’ losses have been exacerbated by a broader market correction that has seen large-cap altcoins fall significantly. Following Bitcoin’s plunge, meme coins have seen extreme volatility. Dogecoin’s price continued to struggle, posting a 10% drop after briefly dipping below $0.39 on Monday. The situation mirrored the woes of other meme tokens like BONK and FLOKI, which have seen similar declines of 16% and 15%, respectively. The risk of the meme coin market is especially evident during corrections like the current one, where sudden price drops, often due to speculative trading, lead to sharp corrections. $MEME

🚀 Top Tokens Trending on Social Media — 11th December Social buzz is one of the strongest indicators of market sentiment. Here’s a rundown of the top 15 tokens with the highest social volume right now: 1️⃣ Bitcoin $BTC - Social Volume: 254,026 2️⃣ Solana $SOL -140,297 3️⃣ Ethereum $ETH -106,066 4️⃣ XRP $XRP -77,291 5️⃣ Dogecoin $DOGE -54,207 6️⃣ Pepe $PEPE -35,001 7️⃣ Cardano $ADA - 24,869 8️⃣ Shiba Inu $SHIB -17,586 9️⃣ Avalanche $AVAX -16,474 🔟 Chainlink $LINK -14,392 1️⃣1️⃣ Peanut the Squirrel $PNUT -14,158 1️⃣2️⃣ Sui $SUI -13,279 1️⃣3️⃣ Litecoin $LTC -12,655 1️⃣4️⃣ Kaspa $KAS -11,743 1️⃣5️⃣ Hedera $HBAR -11,351 💡 Analysis: ‣ As always, Bitcoin, Solana, and Ethereum dominate the conversation. ‣ Meme coins continue to play an important role, with DOGE, PE‣‣ PE, SHIB, and PNUT in the top 15. Meanwhile, platforms like AVAX and SUI are steadily climbing. Which token from today’s list catches your eye? Let me know your thoughts below! 👇

🩸Shiba Inu Price Forecast: Closes below the weekly support👇 🩸Shiba Inu price rallied over 4.3% last week, but on Monday, it declined 15.35%, closing below its weekly support at $0.000028. At the time of writing on Tuesday, it continues to decline, trading around $0.000026. 🩸Just like DOGE, SHIB also shows a formation of bearish divergence on the RSI indicator, suggesting a decline ahead. Moreover, the MACD line shows a bearish crossover on Monday, adding more credence to a bearish outlook. 🩸If the weekly level at $0.000028 holds as resistance, it could extend the decline to retest its 50% price retracement level (drawn from the early August low of $0.000010 to December’s high of $0.000033) at $0.000022. $SHIB

Don't miss out on this incredible buying opportunity! 🤯 The market may be down, but that means it's the perfect time to scoop up coins like: ✨ Neiro (NEIRO) ✨ Pepe ✨ Shib ✨ Bonk ✨ ICE ✨ X ✨ Dogs ✨ BGB These hidden gems could potentially explode in value, with gains of up to 50% in just 2 days! 🚀 Don't wait – seize this opportunity and add these coins to your portfolio! 📈 _Remember to always do your own research and invest responsibly!_ 📊 $NEIROCTO $ICE $X $BGB #cryptocurrency #investment #buyingopportunity

Shiba Inu price rallied over 4.3% last week, but on Monday, it declined 15.35%, closing below its weekly support at $0.000028. At the time of writing on Tuesday, it continues to decline, trading around $0.000026. Just like DOGE, SHIB also shows a formation of bearish divergence on the RSI indicator, suggesting a decline ahead. Moreover, the MACD line shows a bearish crossover on Monday, adding more credence to a bearish outlook. If the weekly level at $0.000028 holds as resistance, it could extend the decline to retest its 50% price retracement level (drawn from the early August low of $0.000010 to December’s high of $0.000033) at $0.000022. SHIB/USDT daily chart