📊 Can 3% Surge Pull Shiba Inu out of Death Cross Zone?
Dog-themed Shiba Inu (SHIB) has registered a significant 3% increase in price within the last 24 hours. This has seen the meme coin trade at $0.00001339 at the time of this writing, according to data from CoinMarketCap. Death cross's bearish impact on SHIB Despite this uptick, SHIB investors remain concerned about the token's future trajectory. SHIB has been in a death cross since last month, and market participants have expressed concern over its performance in the broader cryptocurrency market.
For context, a death cross occurs when the 50-day Moving Average falls below the 200-day Moving Average. This metric indicates a fall in the price of an asset. SHIB has suffered this decline, and the current 3% surge has not done much to clear it off this bearish zone.
Generally, a death cross signals bearish pressure. However, SHIB’s ability to register an uptick amid wild volatility raises market participants' anticipation of a possible rally out of the death cross zone. Analysts say ecosystem support remains crucial for this to happen. For instance, trading volume has dropped by 26.07% to $206.24 million within the last 24 hours, signaling investors' reduced market activity. Market experts say that for SHIB to witness a rally that could clear it off the zone, the trading volume must increase while maintaining a higher burn rate to trigger sentiment and sustain price rallies. Ecosystem trend to watch Meanwhile, according to data from Shibburn, the Shiba Inu ecosystem recently saw the incineration of 20 million SHIB tokens within minutes as part of a deflationary move to keep prices stable. An anonymous whale single-handedly sent over 12 million SHIB to dead wallets.
While the move is commendable, analysts have called for consistency to support SHIB’s quest for higher price levels. Stakeholders backing the token remain optimistic thqt it might chart a rally drawing on the current outlook.
#SHIB #Shibainu
Bitcoin’s Token Titans Tumble: BRC20 and Runes Tokens Languish in 2025
Once hailed as innovative additions, these digital assets now seemingly appear as fleeting anomalies, with valuations tumbling precipitously from their historic peaks. Two distinct token categories rooted in Bitcoin have surfaced since 2023: BRC20 and Runes tokens.
Today, SATS (Ordinals), the leading BRC20 token, commands a $257 million valuation, while DOG leads the Runes cohort at $190 million. Together, they constitute 54.77% of the combined $817 million market for both of these token classes. SATS has eroded 86.7% of its peak value, and DOG languishes 80.7% below its all-time price record set just three months ago.
ORDI market cap.
For instance, the BRC20 ecosystem previously eclipsed $2 billion in total value. DOG briefly neared $961 million by mid-December 2024. ORDI, now second among BRC20 tokens at $193 million, once boasted a formidable $1.8 billion market capitalization. Since cresting on March 5, 2024, ORDI has shed 90.4% of its worth. Among Runes tokens, MIM (Bitcoin) follows DOG in second place with a $37.5 million footprint.
MIM entered markets in late February 2025 but has already retreated 48% from its Feb. 20 pinnacle. PUPS, the third-ranked Runes token at $28.38 million, sits 99.3% below its former glory. Completing the BRC20 trio, WZRD maintains a $33.43 million presence despite surrendering 90.2% of its value since April 19, 2024.
While protocols like BRC20 and Runes briefly captured market imagination, their rapid depreciation signals a maturing sector where technical novelty alone struggles to anchor long-term adoption. Their potential resurgence may ultimately determine if these BRC20 and Runes ventures can transcend ephemeral trends.
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ORDI-13.68%
BITCOIN-17.29%
Initially created as a meme coin, Dogecoin has gained a substantial following and has been utilized
*Topic: The Evolution of Dogecoin: From Meme to Mainstream*
In the vast and unpredictable world of cryptocurrency, few coins have captured the imagination of investors and enthusiasts quite like Dogecoin. Initially created as a joke or "meme coin" in December 2013, Dogecoin has defied expectations and evolved into a formidable player in the digital currency landscape.
*The Birth of a Meme*
Dogecoin was created by Jackson Palmer, a software developer from Australia, and Billy Markus, a programmer from Portland, Oregon. The coin was intended as a parody of the hype surrounding Bitcoin and other cryptocurrencies at the time. The name "Dogecoin" was inspired by the popular "Doge" meme, featuring a picture of a Shiba Inu dog with a caption written in a playful, exaggerated style.
*Gaining Traction*
Despite its humble beginnings as a joke, Dogecoin quickly gained traction and attracted a dedicated community of supporters. The coin's lighthearted and humorous approach resonated with many people who were put off by the more serious and technical nature of other cryptocurrencies. Dogecoin's user-friendly interface and relatively fast transaction times also made it an attractive option for those looking to get involved in the world of cryptocurrency.
*Philanthropic Efforts*
One of the key factors that contributed to Dogecoin's success was its community-driven approach to philanthropy. In 2014, the Dogecoin community raised over $25,000 to sponsor a NASCAR driver, Josh Wise, who drove the Dogecoin-branded car in several races. This publicity stunt helped raise awareness about Dogecoin and cemented its reputation as a community-focused cryptocurrency.
*Partnerships and Integrations*
As Dogecoin's popularity grew, so did its list of partnerships and integrations. In 2014, Dogecoin announced a partnership with the online retailer, Overstock, allowing customers to pay with Dogecoin. Other notable partnerships include those with the charity organization, Doge4Water, and the online gaming platform, Steam.
*Technical Developments*
Despite its lighthearted origins, Dogecoin has undergone significant technical developments over the years. In 2014, the Dogecoin team implemented a new algorithm, known as Scrypt-based proof-of-work, which improved the coin's security and efficiency. More recently, Dogecoin has integrated Segregated Witness (SegWit) technology, which enables faster and more secure transactions.
*The Future of Dogecoin*
As the cryptocurrency landscape continues to evolve, Dogecoin's future remains uncertain. However, its dedicated community and reputation for philanthropy and innovation have ensured its place as a beloved and respected player in the world of cryptocurrency. Whether Dogecoin will continue to grow and expand its user base remains to be seen, but one thing is clear: its impact on the world of cryptocurrency will not be forgotten.
*Conclusion*
Dogecoin's journey from meme to mainstream is a testament to the power of community and innovation in the world of cryptocurrency. From its humble beginnings as a joke to its current status as a respected and beloved cryptocurrency, Dogecoin has proven that even the most unlikely of coins can make a lasting impact. As the world of cryptocurrency continues to evolve, it will be exciting to see what the future holds for Dogecoin and its dedicated community.