• bitcoinBitcoin (BTC) $ 60,140.00
  • ethereumEthereum (ETH) $ 3,208.69
  • tetherTether (USDT) $ 1.00
  • bnbBNB (BNB) $ 538.57
  • solanaSolana (SOL) $ 145.24
  • usd-coinUSDC (USDC) $ 0.999431
  • staked-etherLido Staked Ether (STETH) $ 3,211.17
  • xrpXRP (XRP) $ 0.537779
  • the-open-networkToncoin (TON) $ 7.36
  • dogecoinDogecoin (DOGE) $ 0.113676
  • cardanoCardano (ADA) $ 0.437196
  • tronTRON (TRX) $ 0.138194
  • avalanche-2Avalanche (AVAX) $ 26.14
  • shiba-inuShiba Inu (SHIB) $ 0.000017
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 60,247.00
  • polkadotPolkadot (DOT) $ 6.25
  • chainlinkChainlink (LINK) $ 13.16
  • bitcoin-cashBitcoin Cash (BCH) $ 381.13
  • uniswapUniswap (UNI) $ 8.35
  • nearNEAR Protocol (NEAR) $ 5.44
  • leo-tokenLEO Token (LEO) $ 5.81
  • daiDai (DAI) $ 1.00
  • litecoinLitecoin (LTC) $ 70.21
  • matic-networkPolygon (MATIC) $ 0.529022
  • wrapped-eethWrapped eETH (WEETH) $ 3,350.43
  • internet-computerInternet Computer (ICP) $ 8.89
  • kaspaKaspa (KAS) $ 0.170405
  • pepePepe (PEPE) $ 0.000009
  • ethena-usdeEthena USDe (USDE) $ 0.999034
  • ethereum-classicEthereum Classic (ETC) $ 22.41
  • aptosAptos (APT) $ 6.62
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 1.22
  • stellarStellar (XLM) $ 0.103129
  • moneroMonero (XMR) $ 157.04
  • makerMaker (MKR) $ 2,788.69
  • hedera-hashgraphHedera (HBAR) $ 0.070792
  • blockstackStacks (STX) $ 1.69
  • crypto-com-chainCronos (CRO) $ 0.092628
  • filecoinFilecoin (FIL) $ 4.25
  • render-tokenRender (RNDR) $ 6.17
  • cosmosCosmos Hub (ATOM) $ 6.18
  • okbOKB (OKB) $ 40.04
  • mantleMantle (MNT) $ 0.720923
  • vechainVeChain (VET) $ 0.028567
  • arbitrumArbitrum (ARB) $ 0.710830
  • immutable-xImmutable (IMX) $ 1.37
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,254.38
  • suiSui (SUI) $ 0.807802
  • injective-protocolInjective (INJ) $ 20.78
  • optimismOptimism (OP) $ 1.72
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.999257
  • bittensorBittensor (TAO) $ 271.20
  • the-graphThe Graph (GRT) $ 0.191952
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,594.95
  • dogwifcoindogwifhat (WIF) $ 1.73
  • bonkBonk (BONK) $ 0.000024
  • arweaveArweave (AR) $ 24.64
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,330.25
  • notcoinNotcoin (NOT) $ 0.015160
  • aaveAave (AAVE) $ 101.97
  • lido-daoLido DAO (LDO) $ 1.68
  • bitget-tokenBitget Token (BGB) $ 1.04
  • ondo-financeOndo (ONDO) $ 1.01
  • flokiFLOKI (FLOKI) $ 0.000149
  • theta-tokenTheta Network (THETA) $ 1.42
  • whitebitWhiteBIT Coin (WBT) $ 9.56
  • fantomFantom (FTM) $ 0.488606
  • thorchainTHORChain (RUNE) $ 3.78
  • celestiaCelestia (TIA) $ 6.29
  • algorandAlgorand (ALGO) $ 0.149301
  • jasmycoinJasmyCoin (JASMY) $ 0.024733
  • based-brettBrett (BRETT) $ 0.120345
  • pyth-networkPyth Network (PYTH) $ 0.307159
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 3,211.77
  • jupiter-exchange-solanaJupiter (JUP) $ 0.806434
  • quant-networkQuant (QNT) $ 73.06
  • sei-networkSei (SEI) $ 0.332087
  • coredaoorgCore (CORE) $ 1.11
  • elrond-erd-2MultiversX (EGLD) $ 35.52
  • gatechain-tokenGate (GT) $ 7.29
  • flare-networksFlare (FLR) $ 0.020068
  • kucoin-sharesKuCoin (KCS) $ 9.28
  • flowFlow (FLOW) $ 0.573743
  • mantra-daoMANTRA (OM) $ 1.05
  • akash-networkAkash Network (AKT) $ 3.43
  • ethereum-name-serviceEthereum Name Service (ENS) $ 25.91
  • eosEOS (EOS) $ 0.548472
  • axie-infinityAxie Infinity (AXS) $ 5.55
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,267.45
  • dydx-chaindYdX (DYDX) $ 1.35
  • bitcoin-svBitcoin SV (BSV) $ 40.84
  • galaGALA (GALA) $ 0.021858
  • tokenize-xchangeTokenize Xchange (TKX) $ 10.06
  • bittorrentBitTorrent (BTT) $ 0.00000082
  • beam-2Beam (BEAM) $ 0.015633
  • msolMarinade Staked SOL (MSOL) $ 174.57
  • tezosTezos (XTZ) $ 0.785852
  • fasttokenFasttoken (FTN) $ 2.35
  • neoNEO (NEO) $ 10.66
  • starknetStarknet (STRK) $ 0.570731
  • usddUSDD (USDD) $ 0.999037
  • the-sandboxThe Sandbox (SAND) $ 0.316633
  • roninRonin (RON) $ 2.14
  • zebec-protocolZebec Protocol (ZBC) $ 0.014087
  • ordinalsORDI (ORDI) $ 33.26
  • gnosisGnosis (GNO) $ 265.82
  • ethenaEthena (ENA) $ 0.395526
  • mog-coinMog Coin (MOG) $ 0.000002
  • lido-staked-solLido Staked SOL (STSOL) $ 171.00
  • nexoNEXO (NEXO) $ 1.16
  • fraxFrax (FRAX) $ 0.996675
  • frax-etherFrax Ether (FRXETH) $ 3,199.18
  • conflux-tokenConflux (CFX) $ 0.148495
  • ecasheCash (XEC) $ 0.000031
  • decentralandDecentraland (MANA) $ 0.331616
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 3,456.79
  • chilizChiliz (CHZ) $ 0.068161
  • pendlePendle (PENDLE) $ 3.87
  • tether-goldTether Gold (XAUT) $ 2,410.66
  • safeSafe (SAFE) $ 1.38
  • zksyncZKsync (ZK) $ 0.158232
  • mina-protocolMina Protocol (MINA) $ 0.510448
  • dexeDeXe (DEXE) $ 10.12
  • popcatPopcat (POPCAT) $ 0.578348
  • havvenSynthetix Network (SNX) $ 1.71
  • oasis-networkOasis Network (ROSE) $ 0.082411
  • klay-tokenKlaytn (KLAY) $ 0.149719
  • book-of-memeBOOK OF MEME (BOME) $ 0.007861
  • iotaIOTA (IOTA) $ 0.161477
  • heliumHelium (HNT) $ 3.22
  • swethSwell Ethereum (SWETH) $ 3,410.03
  • nervos-networkNervos Network (CKB) $ 0.011717
  • astarAstar (ASTR) $ 0.074423
  • 1inch1inch (1INCH) $ 0.413643
  • wemix-tokenWEMIX (WEMIX) $ 1.27
  • axelarAxelar (AXL) $ 0.715223
  • pancakeswap-tokenPancakeSwap (CAKE) $ 1.91
  • worldcoin-wldWorldcoin (WLD) $ 1.85
  • wormholeWormhole (W) $ 0.280516
  • apecoinApeCoin (APE) $ 0.742429
  • raydiumRaydium (RAY) $ 1.89
  • true-usdTrueUSD (TUSD) $ 0.998886
  • staked-frax-etherStaked Frax Ether (SFRXETH) $ 3,505.12
  • aioz-networkAIOZ Network (AIOZ) $ 0.431807
  • dog-go-to-the-moon-runeDOG•GO•TO•THE•MOON (Runes) (DOG) $ 0.004649
  • theta-fuelTheta Fuel (TFUEL) $ 0.069876
  • xdce-crowd-saleXDC Network (XDC) $ 0.030917
  • livepeerLivepeer (LPT) $ 13.75
  • pax-goldPAX Gold (PAXG) $ 2,396.13
  • apenftAPENFT (NFT) $ 0.00000045
  • magaMAGA (TRUMP) $ 9.30
  • bitcoin-goldBitcoin Gold (BTG) $ 25.09
  • kavaKava (KAVA) $ 0.402022
  • illuviumIlluvium (ILV) $ 65.32
  • trust-wallet-tokenTrust Wallet (TWT) $ 1.02
  • zcashZcash (ZEC) $ 27.70
  • sats-ordinalsSATS (Ordinals) (SATS) $ 0.00000020
  • stader-ethxStader ETHx (ETHX) $ 3,321.30
  • layerzeroLayerZero (ZRO) $ 3.75
  • usdbUSDB (USDB) $ 0.996549
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000074
  • singularitynetSingularityNET (AGIX) $ 0.522624
  • aevo-exchangeAevo (AEVO) $ 0.473851
  • aerodrome-financeAerodrome Finance (AERO) $ 0.745925
  • paypal-usdPayPal USD (PYUSD) $ 1.00
  • mx-tokenMX (MX) $ 3.81
  • echelon-primeEchelon Prime (PRIME) $ 8.71
  • woo-networkWOO (WOO) $ 0.193558
  • iotexIoTeX (IOTX) $ 0.039083
  • safepalSafePal (SFP) $ 0.772075
  • corgiaiCorgiAI (CORGIAI) $ 0.001033
  • h2o-daoH2O Dao (H2O) $ 0.427229
  • constitutiondaoConstitutionDAO (PEOPLE) $ 0.068269
  • compound-ethercETH (CETH) $ 64.64
  • curve-dao-tokenCurve DAO (CRV) $ 0.285575
  • stepnGMT (GMT) $ 0.148108
  • kusamaKusama (KSM) $ 22.09
  • rocket-poolRocket Pool (RPL) $ 16.37
  • compound-governance-tokenCompound (COMP) $ 48.07
  • arkhamArkham (ARKM) $ 1.41
  • osmosisOsmosis (OSMO) $ 0.488061
  • memecoin-2Memecoin (MEME) $ 0.014785
  • aragonAragon (ANT) $ 8.12
  • golemGolem (GLM) $ 0.316360
  • beldexBeldex (BDX) $ 0.047057
  • holotokenHolo (HOT) $ 0.001751
  • dydxdYdX (ETHDYDX) $ 1.35
  • dashDash (DASH) $ 25.80
  • zilliqaZilliqa (ZIL) $ 0.016303
  • compound-wrapped-btccWBTC (CWBTC) $ 1,209.35
  • blurBlur (BLUR) $ 0.172105
  • radixRadix (XRD) $ 0.028329
  • blastBlast (BLAST) $ 0.016585
  • justJUST (JST) $ 0.029762
  • celoCelo (CELO) $ 0.537191
  • cat-in-a-dogs-worldcat in a dogs world (MEW) $ 0.003271
  • manta-networkManta Network (MANTA) $ 0.857987
  • project-galaxyGalxe (GAL) $ 2.43
  • ankrAnkr Network (ANKR) $ 0.028538
  • enjincoinEnjin Coin (ENJ) $ 0.172174

Shiba Inu Price Nosedives, Key Indicator Say This

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Shiba Inu (SHIB), the popular meme coin often considered a rival to Dogecoin, has suffered a significant price drop and increased trading volume in the past 24 hours, raising questions about its future trajectory.

It has fallen 5.79% in the past 24 hours, accompanied by a 47.77% increase in trading volume, now reaching $202 million.

According to CoinMarketCap, Shiba Inu’s market capitalization has also dropped by almost 6%, valuing the digital asset at $10 billion and ranking it as the 12th largest cryptocurrency. Meanwhile, Dogecoin (DOGE) also declined 4.31% in the past 24 hours, currently trading at $0.1192.

The SHIB token is 80.76% below its all-time high of $0.00008845, reached three years ago. Additionally, the cryptocurrency has declined 16.15% in the past seven days and 31.04% in the last 30 days. However, SHIB’s price has risen 113.34% since June 2023, outperforming DOGE’s 74.84% increase.

Data from TradingView shows that the cryptocurrency’s Relative Strength Index (RSI) is below 30, currently at 25.6, indicating SHIB is being oversold. This suggests selling pressure significantly outweighs buying pressure.

Shiba Inu Price Nosedives, Key Indicator Say This

Notably, oversold regions often present buying opportunities, while overbought regions are ideal for selling. Meanwhile, the volume of the SHIB/USDT trading pair on Binance has dropped significantly compared to March, when Bitcoin (BTC) reached a new all-time high of $73,000.

While the RSI indicator signals a potential buying opportunity, data from Shibburn confirms that over 3.22 million SHIB tokens were burned in the past 24 hours, with the burn rate decreasing by 84%. To date, a total of 410 trillion tokens have been burned.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

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