Latest Shiba Inu News and Insights | Yellow.com

The meme coin market experienced significant turbulence this week. Top tokens saw dramatic price fluctuations. News events and community actions drove these changes as always, but meme coins also took heavy hits from the outside world. Dogecoin (DOGE) stumbled initially. An Elon Musk tweet failed to spark enthusiasm, causing a 5% drop. But rumors of an e-commerce partnership reversed the trend. DOGE closed the week up 3%. Shiba Inu (SHIB) made a strong comeback. A new DeFi integration announcement propelled it up 12%. Enthusiastic community support pushed SHIB to new weekly highs. Pepe (PEPE) was the week's most stable performer. It surged 18% after launching a new NFT collection. This move tapped into investor nostalgia and excitement. Then it went back to its usual positions. A newcomer, dogwifhat (DOGWH), turned heads with a 15% fall, that followed an amazing 20% jump. Viral social media posts fueled its rise. Fresh investors piled in, drawn by the buzz. Bonk (BONK) had a solid week, climbing 4%. A successful community giveaway event drove the increase. It showcased the power of grassroots initiatives in the meme coin space. Floki (FLOKI) went on a wild ride. A Viking-themed marketing campaign initially boosted it 7%. Profit-taking then led to a 5% dip. FLOKI still ended slightly up for the week, as vikings never surrender, you know. Brett (BRETT) saw a 10% uptick, and then rolled down for 3%. New partnerships with emerging crypto platforms enhanced its appeal. The vocal Brett community played a key role in sustaining momentum. Mog Coin (MOG) truly went through the wringer. It dropped 10% on negative sentiment, then rebounded 15% after launching a staking feature. Talk about a rollercoaster! Book of Meme (BOM) steadily gained 4%. Small but positive platform updates drove its performance. BOM's consistency continued to attract new investors. We love stability, of course. And we lack it so desperately. Dog (Runes) faced headwinds, dropping 8%. Market corrections and regulatory concerns were to blame, no doubt. Yet, the community remained upbeat about future developments. To sum up, this week's events highlight the meme coin market's unpredictability that goes far beyond the ordinary altcoins. But that's why we love meme coins, right? They are insanely fun and insanely risky. That's probably not what Satoshi intended for us, but who says we can't have fun while Daddy is away.

Recent on-chain data suggests a bullish trend for Shiba Inu (SHIB). Large holders are moving tokens off exchanges. This could indicate a price rally on the horizon. Santiment, an analytics firm, shared these findings on X, with an interesting addon, as they've categorized SHIB whales into two groups. According to analysts, there are exchange whales and non-exchange whales. Each group comprises the 150 largest wallets in their category. The data paints an interesting picture. Exchange whales have significantly reduced their holdings. In just a month, they've offloaded 5.53 trillion SHIB tokens. Where did these tokens go? It seems non-exchange whales scooped them up. These self-custodial investors increased their holdings by 6.57 trillion SHIB. They've even acquired additional tokens from smaller holders. This shift is noteworthy. Coins held on exchanges are often primed for trading. A decrease in exchange supply could mean less selling pressure. It's a potential boon for SHIB's price. The timing of these moves adds another layer of intrigue. These outflows occurred during a price dip. It suggests whales see the current lows as a buying opportunity. "The accumulation naturally shows that the whales believe the recent lows to have been profitable entry points into the asset," Santiment noted. However, the market remains uncertain and SHIB's price has taken a beating recently, which was a bit shocking to many users, especially the rookies who don't know much about crypto market volatility yet. It's down 28% in the past month, trading around $0.00001639.

The Shiba Inu cryptocurrency has fallen below the $0.000017 support level. This presents a potential opportunity for investors. They usually call it 'buy the dip'. Crypto analyst SHIB Knight has identified a new buy zone for Shiba Inu. He shared this analysis on X, formerly Twitter. The analyst highlighted several key price levels in a chart. Important levels include $0.00002392, $0.00002105, and $0.00001837. The most significant level lies below $0.000018. This decline has created new investment opportunities. SHIB Knight's analysis uses the weekly chart. He identifies critical support levels around $0.00001760 and $0.00001766. The analyst states, "$SHIB is on buy zone at weekly chart. Bulls should defend this zone for uptrend." This analysis comes amid speculation of an impending uptrend for Shiba Inu. The AI at CoinCodex predicts a bullish wave in the coming days. Those forecasts mention 2x growth, with SHIB potentially reaching $0.00003825 within five days. This would represent a 121% increase from current levels. However, the AI is less optimistic about July. It predicts a notable price crash next month, with a potential low of $0.00001638. Currently, Shiba Inu faces bearish pressure. The price has dropped 1.9% in the past day. And in general, it has fallen 7.54% over the past week. Impressive, huh? At the time of writing, Shiba Inu trades at $0.00001715.

Shiba Inu's adoption rate is accelerating at a fightening speed. The meme coin has secured another significant partnership. Crypto.com, a prominent digital asset exchange, has announced its inclusion in Visa card payments. The exchange revealed this development via X. Shiba Inu joins other popular meme coins like Floki, PEPE, and Dogwifhat (WIF) in this integration. The Crypto.com Visa card is a prepaid crypto card programme. It functions similarly to a standard debit card. However, it can be used for both digital asset transactions and ATM withdrawals. The card supports over 100 digital assets, including major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH). Crypto.com has an extensive network of more than 40 million Points of Sale (POS) worldwide. This network could significantly boost SHIB's adoption. Shiba Inu investors will now be able to use this Visa card for daily transactions globally. One could have hardly imagined this a couple of years ago when a scandaloud meme coin was launched. At the moment, the lucky crypto card is available in Singapore, the United States, the United Kingdom, Europe, Canada, and various other countries. Both SHIB investors and regular crypto users can now utilize the Crypto.com Visa card for SHIB-related payments. The exchange's X post revealed that investors can fund their Visa card with Shiba Inu via their crypto wallets. This allows for seamless transactions through card payments. Shiba Inu continues to expand its reach through support from various cryptocurrency exchanges globally. The meme coin is listed on most of the world's popular and renowned exchanges, including Binance and Coinbase. SHIB is the second-largest meme coin by market capitalization, and its popularity is still growing. This growth is fueled by its humorous meme coin status and position in the crypto space. The cryptocurrency's large community holds millions of users. The integration with Crypto.com's Visa card is a major step for Shiba Inu. The humorous meme coin is marching towards mainstream adoption.

There is a new star on the crypto sky. A new AI trading bot meme coin project called WienerAI (WAI) has just raised an eye-watering $6 million at presale. Some might say WAI looks very similar to famous cybernetic sausage dogs DOGE, SHIB, FLOKI and BONK. But in fact it WAI is a totally different animal. WienerAI is a project that aims to be the most advanced beginner-friendly trading bot in crypto. The developers call it a “Revolutionary AI Trading partner.” It is user-friendly, provides AI-enhanced trading, seamless swap functionality and zero fees. Using it is just as simple as any other chatbot out there. All you need to do is just ask a question like “what’s the best meme coin to invest right now?” and WienerAI will momentarily answer. It uses complex data analysis, using predictive technology to find next crypto winners. The chatbot is also capable of fast and efficient token swaps. It uses best prices it can find on different DEXs. The developers claim WienerAI is smarter and faster than traditional MEV bots, which are based on basic arbitrage scripts. A whopping $6 million on presale is quite a result. It shows great interest that investors have towards WienerAI. That's second AI token that has risen significant money recently. The first one was AI security token Scotty the AI (SCOTTY), which ended its ICO with over $10 million. So investors have interest and faith in AI tokens. AI's integration with crypto is growing, and we are on the verge of the new era