• bitcoinBitcoin (BTC) $ 65,293.00
  • ethereumEthereum (ETH) $ 3,541.79
  • tetherTether (USDT) $ 0.999748
  • bnbBNB (BNB) $ 603.19
  • solanaSolana (SOL) $ 140.27
  • staked-etherLido Staked Ether (STETH) $ 3,540.99
  • usd-coinUSDC (USDC) $ 1.00
  • xrpXRP (XRP) $ 0.493062
  • dogecoinDogecoin (DOGE) $ 0.125441
  • the-open-networkToncoin (TON) $ 7.02
  • cardanoCardano (ADA) $ 0.393869
  • shiba-inuShiba Inu (SHIB) $ 0.000019
  • avalanche-2Avalanche (AVAX) $ 27.24
  • tronTRON (TRX) $ 0.116777
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 65,473.00
  • chainlinkChainlink (LINK) $ 14.33
  • polkadotPolkadot (DOT) $ 5.94
  • bitcoin-cashBitcoin Cash (BCH) $ 395.46
  • uniswapUniswap (UNI) $ 10.34
  • litecoinLitecoin (LTC) $ 74.20
  • nearNEAR Protocol (NEAR) $ 5.01
  • wrapped-eethWrapped eETH (WEETH) $ 3,690.71
  • matic-networkPolygon (MATIC) $ 0.572629
  • leo-tokenLEO Token (LEO) $ 5.72
  • daiDai (DAI) $ 0.999453
  • pepePepe (PEPE) $ 0.000012
  • internet-computerInternet Computer (ICP) $ 8.33
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,554.42
  • kaspaKaspa (KAS) $ 0.147471
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • ethereum-classicEthereum Classic (ETC) $ 23.81
  • fetch-aiFetch.ai (FET) $ 1.30
  • aptosAptos (APT) $ 7.04
  • moneroMonero (XMR) $ 170.21
  • render-tokenRender (RNDR) $ 7.86
  • hedera-hashgraphHedera (HBAR) $ 0.081624
  • mantleMantle (MNT) $ 0.830770
  • stellarStellar (XLM) $ 0.092634
  • cosmosCosmos Hub (ATOM) $ 6.83
  • okbOKB (OKB) $ 42.96
  • crypto-com-chainCronos (CRO) $ 0.094099
  • filecoinFilecoin (FIL) $ 4.45
  • blockstackStacks (STX) $ 1.70
  • arbitrumArbitrum (ARB) $ 0.821751
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.997572
  • immutable-xImmutable (IMX) $ 1.56
  • makerMaker (MKR) $ 2,453.81
  • optimismOptimism (OP) $ 1.95
  • lido-daoLido DAO (LDO) $ 2.35
  • the-graphThe Graph (GRT) $ 0.220003
  • dogwifcoindogwifhat (WIF) $ 2.08
  • bittensorBittensor (TAO) $ 300.80
  • injective-protocolInjective (INJ) $ 21.01
  • suiSui (SUI) $ 0.824740
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,938.37
  • vechainVeChain (VET) $ 0.026447
  • arweaveArweave (AR) $ 28.36
  • ondo-financeOndo (ONDO) $ 1.21
  • flokiFLOKI (FLOKI) $ 0.000177
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,664.81
  • bitget-tokenBitget Token (BGB) $ 1.16
  • notcoinNotcoin (NOT) $ 0.015729
  • jasmycoinJasmyCoin (JASMY) $ 0.032705
  • fantomFantom (FTM) $ 0.555020
  • based-brettBrett (BRETT) $ 0.153315
  • theta-tokenTheta Network (THETA) $ 1.49
  • bonkBonk (BONK) $ 0.000022
  • thorchainTHORChain (RUNE) $ 4.18
  • whitebitWhiteBIT Coin (WBT) $ 9.53
  • aaveAave (AAVE) $ 87.00
  • celestiaCelestia (TIA) $ 6.52
  • coredaoorgCore (CORE) $ 1.32
  • eosEOS (EOS) $ 0.570075
  • cheeleeCheelee (CHEEL) $ 19.66
  • pyth-networkPyth Network (PYTH) $ 0.314981
  • quant-networkQuant (QNT) $ 78.17
  • algorandAlgorand (ALGO) $ 0.138754
  • ethenaEthena (ENA) $ 0.650679
  • sei-networkSei (SEI) $ 0.356926
  • flare-networksFlare (FLR) $ 0.025291
  • gatechain-tokenGate (GT) $ 8.22
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,577.60
  • jupiter-exchange-solanaJupiter (JUP) $ 0.758222
  • galaGALA (GALA) $ 0.028199
  • starknetStarknet (STRK) $ 0.739363
  • beam-2Beam (BEAM) $ 0.019394
  • kucoin-sharesKuCoin (KCS) $ 9.89
  • flowFlow (FLOW) $ 0.620033
  • zebec-protocolZebec Protocol (ZBC) $ 0.018097
  • pendlePendle (PENDLE) $ 5.74
  • bitcoin-svBitcoin SV (BSV) $ 44.21
  • tokenize-xchangeTokenize Xchange (TKX) $ 10.91
  • axie-infinityAxie Infinity (AXS) $ 5.92
  • dydx-chaindYdX (DYDX) $ 1.44
  • bittorrentBitTorrent (BTT) $ 0.00000088
  • gnosisGnosis (GNO) $ 324.51
  • zksyncZKsync (ZK) $ 0.227023
  • ethereum-name-serviceEthereum Name Service (ENS) $ 26.37
  • elrond-erd-2MultiversX (EGLD) $ 30.36
  • ordinalsORDI (ORDI) $ 38.45
  • neoNEO (NEO) $ 11.42
  • roninRonin (RON) $ 2.39
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 3,547.69
  • tezosTezos (XTZ) $ 0.774743
  • msolMarinade Staked SOL (MSOL) $ 168.58
  • the-sandboxThe Sandbox (SAND) $ 0.323090
  • usddUSDD (USDD) $ 0.999269
  • chilizChiliz (CHZ) $ 0.081624
  • akash-networkAkash Network (AKT) $ 2.99
  • nexoNEXO (NEXO) $ 1.28
  • fasttokenFasttoken (FTN) $ 2.21
  • frax-etherFrax Ether (FRXETH) $ 3,543.77
  • singularitynetSingularityNET (AGIX) $ 0.538714
  • worldcoin-wldWorldcoin (WLD) $ 2.84
  • wormholeWormhole (W) $ 0.375297
  • havvenSynthetix Network (SNX) $ 2.01
  • oasis-networkOasis Network (ROSE) $ 0.096902
  • lido-staked-solLido Staked SOL (STSOL) $ 167.12
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 3,800.54
  • fraxFrax (FRAX) $ 0.997621
  • dexeDeXe (DEXE) $ 11.23
  • ecasheCash (XEC) $ 0.000032
  • mina-protocolMina Protocol (MINA) $ 0.568492
  • dog-go-to-the-moon-runeDOG•GO•TO•THE•MOON (Runes) (DOG) $ 0.006235
  • conflux-tokenConflux (CFX) $ 0.151391
  • swethSwell Ethereum (SWETH) $ 3,741.55
  • decentralandDecentraland (MANA) $ 0.331625
  • livepeerLivepeer (LPT) $ 18.76
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.31
  • klay-tokenKlaytn (KLAY) $ 0.164133
  • book-of-memeBOOK OF MEME (BOME) $ 0.008661
  • heliumHelium (HNT) $ 3.54
  • rocket-poolRocket Pool (RPL) $ 28.60
  • apecoinApeCoin (APE) $ 0.927315
  • aioz-networkAIOZ Network (AIOZ) $ 0.532295
  • tether-goldTether Gold (XAUT) $ 2,333.57
  • mantra-daoMANTRA (OM) $ 0.690762
  • iotaIOTA (IOTA) $ 0.171357
  • safeSafe (SAFE) $ 1.31
  • staked-frax-etherStaked Frax Ether (SFRXETH) $ 3,850.53
  • 1inch1inch (1INCH) $ 0.432029
  • xdce-crowd-saleXDC Network (XDC) $ 0.034724
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000092
  • kavaKava (KAVA) $ 0.463401
  • true-usdTrueUSD (TUSD) $ 0.995902
  • illuviumIlluvium (ILV) $ 73.90
  • nervos-networkNervos Network (CKB) $ 0.010920
  • theta-fuelTheta Fuel (TFUEL) $ 0.070523
  • stader-ethxStader ETHx (ETHX) $ 3,636.11
  • axelarAxelar (AXL) $ 0.657208
  • blurBlur (BLUR) $ 0.266782
  • constitutiondaoConstitutionDAO (PEOPLE) $ 0.087077
  • curve-dao-tokenCurve DAO (CRV) $ 0.350631
  • iotexIoTeX (IOTX) $ 0.046009
  • bitcoin-goldBitcoin Gold (BTG) $ 24.51
  • pax-goldPAX Gold (PAXG) $ 2,315.03
  • apenftAPENFT (NFT) $ 0.00000043
  • corgiaiCorgiAI (CORGIAI) $ 0.001235
  • trust-wallet-tokenTrust Wallet (TWT) $ 1.02
  • magaMAGA (TRUMP) $ 8.89
  • woo-networkWOO (WOO) $ 0.216788
  • aevo-exchangeAevo (AEVO) $ 0.488942
  • pepecoin-2PepeCoin (PEPECOIN) $ 3.48
  • echelon-primeEchelon Prime (PRIME) $ 9.94
  • usdbUSDB (USDB) $ 1.00
  • paypal-usdPayPal USD (PYUSD) $ 0.998664
  • compound-ethercETH (CETH) $ 71.07
  • raydiumRaydium (RAY) $ 1.52
  • astarAstar (ASTR) $ 0.069117
  • wemix-tokenWEMIX (WEMIX) $ 1.08
  • ether-fiEther.fi (ETHFI) $ 3.37
  • arkhamArkham (ARKM) $ 1.66
  • dydxdYdX (ETHDYDX) $ 1.44
  • aerodrome-financeAerodrome Finance (AERO) $ 0.775426
  • ioio.net (IO) $ 3.94
  • golemGolem (GLM) $ 0.373871
  • memecoin-2Memecoin (MEME) $ 0.018195
  • kusamaKusama (KSM) $ 24.45
  • cat-in-a-dogs-worldcat in a dogs world (MEW) $ 0.004127
  • mx-tokenMX (MX) $ 3.74
  • osmosisOsmosis (OSMO) $ 0.543073
  • safepalSafePal (SFP) $ 0.778763
  • sats-ordinalsSATS (Ordinals) (SATS) $ 0.00000017
  • aragonAragon (ANT) $ 8.95
  • ocean-protocolOcean Protocol (OCEAN) $ 0.547011
  • polymeshPolymesh (POLYX) $ 0.335771
  • stepnGMT (GMT) $ 0.163505
  • compound-governance-tokenCompound (COMP) $ 50.39
  • radixRadix (XRD) $ 0.032604
  • mog-coinMog Coin (MOG) $ 0.00000092
  • manta-networkManta Network (MANTA) $ 1.02
  • compound-wrapped-btccWBTC (CWBTC) $ 1,310.33
  • zilliqaZilliqa (ZIL) $ 0.017404
  • holotokenHolo (HOT) $ 0.001811
  • celoCelo (CELO) $ 0.589161
  • superfarmSuperVerse (SUPER) $ 0.698484
  • zcashZcash (ZEC) $ 20.84
  • metis-tokenMetis (METIS) $ 54.98
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 3,686.32
  • ankrAnkr Network (ANKR) $ 0.030862

Shiba Inu (SHIB) Breakout Failed

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Shiba Inu has let us down again, as the meme coin has failed to break through the crucial 50 EMA resistance level and retraced back below it, potentially losing traction and dropping toward previous price levels. According to the current chart, SHIB is in trouble, at least for now.

The technical analysis shows SHIB struggling to maintain its upward momentum. The price action indicates a failed attempt to surpass the 50 EMA, resulting in a pullback that has brought SHIB below this key resistance level. This setback may lead to a further decline, with SHIB potentially heading toward the $0.000024 support level. If this support fails to hold, the next target could be around $0.000022, which is another important support area.

Shiba Inu (SHIB) Breakout Failed

On-chain data adds to the concerns. The number of large transactions, defined as those exceeding $100,000, has seen a recent spike, with 378 large transactions recorded in the last 24 hours. This increase in large transactions could be a sign of a surging activity among whales, but it also raises the possibility of significant selling pressure. The total volume of large transactions reached 8.97 trillion SHIB, nearing the seven-day high of 9.6 trillion SHIB.

Additionally, the Network Value to Transaction (NVT) ratio has dropped by 22.70% in the last 24 hours, suggesting that the market value is declining relative to transaction volume. This decrease in the NVT ratio could imply weakening market sentiment, with investors possibly losing confidence in SHIB’s short-term performance.

Shiba Inu’s recent failure to break through the 50 EMA resistance level and the subsequent retracement indicate potential trouble for the meme coin. Technical analysis points to a possible decline toward key support levels, while on-chain data reveals increased large transaction activity and a falling NVT ratio, signaling potential market weakness.

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