Из жизни альткоинов

Senator Elizabeth Warren has formally pushed back against a threatened defamation claim from Changpeng “CZ” Zhao’s legal team, saying any lawsuit would be without merit.

The exchange centers on a social media post Warren made on Oct. 23 and the lawyers’ competing accounts of what her post meant and whether it repeats information already in public records.

Warren’s Lawyer Pushes Back

According to a letter filed by Warren’s attorney, Ben Stafford, the senator relied on public DOJ materials and court records when she commented about the matter.

Stafford wrote that a defamation suit would lack legal basis and that public statements from the US Department of Justice were the source for key factual points.

Reports have disclosed that Stafford’s response stressed First Amendment protections for commentary about public figures.

Warren’s Post And Sources

Based on reports, Warren’s post referenced language that appeared in DOJ disclosures from 2023 and related filings. Those public documents were cited by multiple outlets that obtained the letters exchanged between the parties.

The story has been reported by mainstream and crypto-focused newsrooms, and the primary letters — one demanding a retraction and the other replying — were highlighted as central evidence in the dispute.

CZ pleaded guilty to a criminal money laundering charge and was sentenced to prison.

But then he financed President Trump’s stablecoin and lobbied for a pardon.

Today, he got it.

If Congress does not stop this kind of corruption, it owns it. pic.twitter.com/NsWeaJcVeK

— Elizabeth Warren (@SenWarren) October 23, 2025

CZ’s Legal Demand And The Timeline

CZ’s legal demand was sent by Teresa Goody Guillén, who is identified in coverage as counsel for Zhao, co-founder and former CEO of Binance.

The demand requested a retraction of Warren’s Oct. 23 post and threatened litigation if the post were not removed. CZ publicly said he might sue unless the post was taken down.

On Lawsuits & Pardons

In November 2023, Zhao admitted guilt for not keeping Binance’s Anti-Money Laundering program up to standard, violating the Bank Secrecy Act, and was later sentenced to four months in prison by a Seattle court in April 2024.

Warren later fueled controversy with a post on X claiming Zhao had financed US President Donald Trump’s stablecoin project and sought a pardon, a statement that reignited public debate over Trump’s connection to Binance and his family’s crypto startup, World Liberty Financial.

Legal Hurdles For A Defamation Suit

According to legal commentators quoted in reporting, defamation claims against public figures face a high bar under US law because plaintiffs must show “actual malice” — that a false statement was made knowingly or with reckless disregard for the truth.

That standard was raised in classic Supreme Court rulings and was referenced repeatedly in the coverage as a reason why some lawyers view a suit here as a long shot.

Featured image from Vocal Media, chart from TradingView

Гендиректор электросетевой компании Tehran Province Electricity Distribution Company Акбар Хасан Беклоу (Akbar Hasan Beklou) пожаловался на незаконный майнинг в крупных масштабах. По его оценкам, более 95% из 427 000 действующих майнинговых устройств в стране работают без разрешения.

В Банке России заявили, что перевод средств в государственные стейблкоины не приведет к изменению количества денег в экономике — для владельцев безналичных рублей изменятся только запись в онлайн-банке.

Back in September 2025, the Altcoin Season Index, which tracks the performance of the top 100 altcoins against that of Bitcoin, had reached a new yearly peak. This rise had triggered positive sentiment in the market, with calls for the altcoin bull run to finally begin. However, the tide has since turned, and hopes for another altcoin season have been dashed. Now, the index has crashed back downward, moving toward its yearly lows.

Altcoin Season Index Falls To 39 From 78

The Altcoin Season Index on the CoinMarketCap website has declined to a score of 29, representing an over 50% crash from its September highs. Back then, the Altcoin Season Index had climbed to a score of 78, suggesting that altcoins were in a bull market. However, this move was short-lived with the market crash that followed, especially in the month of October.

This index takes into account how the top 100 altcoins by market cap have performed against the Bitcoin price over a 90-day period and uses it to score the chart. The more altcoins are outperforming Bitcoin during this timeframe, the higher the score on the index.

A score of 29 means that only 29 altcoins of the top 100 have seen better performance compared to the Bitcoin price over this 90-day period. The likes of Binance-backed ASTER and ZCASH’s ZEC lead this list after seeing an over 900% increase each during this time.

Interestingly, the Ethereum price appears in the list of altcoins outperforming the market leader, coming in with a 5.18% increase for ETH compared to the 4.32% decline suffered by Bitcoin at the time of writing.

What This Means For Altcoins

The current score of 29 on the Altcoin Season Index represents the poor performance of altcoins over the last few months, as they were especially rocked by the October 10 crash. However, this is not completely bad news for the altcoin market, going by historical performance.

Looking back, a bull run has always begun when the index falls to low levels. Before the September 2025 rally, the Altcoin Season Index had fallen below 40 before marking a bottom. Thus, the current low index score, coupled with market sentiment declining into fear, could suggest that a bottom is close.

Over the past two weeks, the world’s leading cryptocurrency has struggled to break definitively above the $116,000 price mark while also testing the $106,000 support. As Bitcoin consolidates around $110,000, the latest on-chain analysis suggests an exciting outlook despite the recent price struggles.

Why Bitcoin Price Might Soon See Expansion

In a QuickTake post on the CryptoQuant platform, XWIN Research Japan, a crypto research institution, explores the possibility of a price reversal in the Bitcoin market, saying the current consolidation might be representative of asset-building momentum. The institution’s optimistic conjecture relies on readings obtained from three important on-chain metrics.

Firstly, XWIN Research Japan highlights that there has been a sharp drop in Open Interest across futures exchanges since its peak established in September. For context, the open interest is the total number of outstanding futures or options contracts that have not been settled or closed.

A sharp decline in open interest is usually indicative of events referred to as “leverage wipeouts,” where speculative positions are forced out of the market. Historically, a simultaneous decline in open interest alongside the cryptocurrency’s price has often led to market resets, which typically precede sustainable price rallies as a result of growing spot demand.

 

Furthermore, the education and research institution references the Spent Output Profit Ratio (SOPR) metric, which tracks whether investors are predominantly selling at a profit or loss. The SOPR has reportedly found stability around 1.0, meaning that the majority of Bitcoin traders are trading around their cost basis. By extension, this points out that traders are neither in significant profits nor deep in losses.

According to XWIN Research, this is a good sign that points to the end of the previous capitulation phase, and reflects the absorption of short-term holder supply by long-term holder demand.

As all of these unfold underneath the surface, XWIN Research also postulates that liquidity might also be accumulating for the benefit of the flagship cryptocurrency. As reported by the institution, the total amount of the stablecoin ERC-20 in supply has reached an all-time high of approximately $158.8 billion. The crypto research institution speculates that if the market sentiment sees an improvement, as much as $158 billion in ERC-20 might be waiting on the sidelines to contribute upward pressure to Bitcoin’s price.

Related Reading: Bitcoin Options Data Shows Rising Caution Beneath Supposedly Calm Market – Details Bitcoin Price Overview

At the time of writing, Bitcoin is worth about $109,918, with data from CoinMarketCap revealing a slight growth of 0.22% over the past day. 

Financial writer and investor Robert Kiyosaki has renewed his stark warning that a deep market collapse is under way, saying a “massive crash” is in progress and that “millions will be wiped out.”

According to his post on X on November 1, he urged people to move money into hard assets such as silver, gold, Bitcoin (BTC) and Ethereum (ETH). He also repeated a long-held forecast that Bitcoin could reach $1 million, and called silver the “biggest bargain,” saying it could triple in price.

Institutional Flows And Regulatory Signals Strengthen Bitcoin

Based on reports, Bitcoin has been drawing heavy interest from big investors. Institutional adoption and clearer rules have pushed fresh money into crypto ETFs, and BTC has hit new all-time highs as a result.

In the last 24 hours, Bitcoin’s price moved 0.70% to $110.780 while trading volume climbed 35% to $29 billion. Market watchers point to improvements in the Lightning Network and growing ETF inflows as factors helping Bitcoin trade more efficiently and attract larger holders.

MASSIVE CRASH BEGININING: Millions will be wiped out. Protect yourself. Silver, gold, Bitcoin, Ethereum investors will protect you.

Take care

— Robert Kiyosaki (@theRealKiyosaki) November 1, 2025

Kiyosaki’s Calls Have Been Repeated Over Years

Kiyosaki’s warnings are familiar. He predicted crash events in 2011, 2016, 2020 and early 2023, and those previous calls did not match the catastrophic timing he described.

Critics say his calls often arrive early or overstate the harm. Reports have disclosed that this pattern has reduced his credibility among some analysts, even though many agree that debt levels, inflation pressures and tech-driven job shifts are real concerns.

Why Some Investors Are Listening

Investors who fear a downturn are shifting part of their portfolios. Many prefer assets they view as stores of value. Gold and Bitcoin are being named as likely destinations for capital if a market unwind accelerates.

Kiyosaki argues that conventional savings and fiat holdings are unsafe, calling them “fake money,” and advises people to own precious metals and selected cryptocurrencies to protect purchasing power.

Middle Markets Still Show Mixed Signals

While institutional flows into crypto products have been reported as record-setting, other measures are less certain. Trading volumes have fallen at times even as prices climb, and some analysts warn that rapid inflows can be followed by volatile exits.

Based on reports, exchanges and funds are monitoring liquidity and investor behavior closely. That monitoring is meant to prevent sudden stress in markets where leverage or thin order books can magnify moves.

Silver, Gold And Crypto Remain Central To The Debate

Kiyosaki’s strategy centers on moving wealth into physical and digital assets. He places a strong bet on silver, expects a large move into gold, and highlights Bitcoin and Ethereum as crypto choices.

Whether that rotation happens on a wide scale will depend on investor appetite and how central banks respond to inflation and debt pressures in the months ahead.

Featured image from Unsplash, chart from TradingView

Bitwise has taken another major step towards its bid to launch a US XRP spot ETF. This development follows the asset management’s achievement in launching the first-ever US Solana Spot ETF last week on the New York Stock Exchange (NYSE).

Bitwise Re-submits S-1 Form For XRP Spot ETF, Eyes Launch In 20 Days

According to Bloomberg ETF analyst Eric Balchunas, Bitwise recently filed an amendment to its S-1 registration form for the Bitwise XRP ETF. The filing, labeled Amendment No.4, includes new key details such as the exchange listing venue (NYSE) and a management fee of 0.34%. 

Balchunas describes these updates as “the last boxes to check,” indicating that Bitwise may have reached the final stage of approval. The amendment filing suggests the asset manager has completed major rounds of feedback with the SEC, with the proposed XRP Spot ETF now awaiting launch. 

Bloomberg’s James Seyffart also confirmed the development, noting that Bitwise and VanEck have joined the growing list of issuers positioning to launch new crypto-based ETFs in November. Earlier last week, Fidelity and Canary Funds had also filed similar updates for Solana-based products, while Canary additionally filed for an XRP-linked ETF.

In particular, Seyffart notes that Bitwise’s XRP Spot ETF application contains a “shorter language” than others, i.e., looking more finalized, especially with all critical data, and could now trigger the SEC’s 20-day clock. Therefore, alongside Canary’s XRP Spot ETF, the Bitwise XRP ETF could automatically launch within 20 days following no further request or changes by the SEC.

XRP Market Overview

At press time, XRP continued to trade at $2.50, reflecting a minor 0.01% decline in the last day as the asset remained in consolidation. On larger time frames, XRP form reflects bearish dominance with losses of 4.55% and 17.27% on the weekly and monthly charts, respectively. 

According to renowned market analyst Ali Martinez, XRP’s Cost Basis Distribution Heatmap identifies its immediate resistance levels at $2.80 and $3.00. Meanwhile, the next support zone is around $2.15.  Following the recent submissions by Bitwise and other asset managers, XRP looks set to join the elite league of cryptocurrencies with a US Spot ETF.

The introduction of the XRP spot ETF is expected to significantly drive institutional interest in altcoin, resulting in long-term demand and price growth. Last week, Bitwise and Grayscale launched the first set of US Solana spot ETFs, which have gained much traction as indicated by a cumulative total net inflow of $199.21 million in four trading days.

The spot Solana ETFs (exchange-traded funds) join the Ethereum funds as the second spot altcoin-linked investment products to hit the US market in recent years. Interestingly, the latest market data shows that the exchange-traded funds have made a strong start to life, recording significant inflows in the first few trading days.

Spot Solana ETFs Reach $500 Million Net Assets In Single Week

According to data from SoSoValue, the two US-based spot Solana ETFs registered a total net inflow of $199.21 million in their first week of trading. This influx of capital reflects the optimism and growing demand for crypto-linked investment products in one of the largest global financial markets.

The week’s star performer was Bitwise’s Solana Staking ETF (with the ticker BSOL), which recorded positive inflows in the first four trading days. On Friday, October 31st, the exchange-traded fund posted a total net inflow of roughly $44.5 million, bringing the debut week’s performance to over $197 million.

Bloomberg analyst Eric Balchunas said about the Bitwise Solana ETF performance:

What a week for $BSOL, besides the big volume, it led all crypto ETPs by a country mile in weekly flows with +$417m ($IBIT had a rare off week, it’ll be back). It also ranked it 16th in overall flows for the week. Big time debut.

While Grayscale’s Solana Trust (GSOL) didn’t record any activity on Friday, it closed the week with a total net inflow of about $2.18 million. It is worth noting that the Grayscale fund launched a day after  Bitwise’s spot Solana ETF, but both exchange-traded funds have a total net asset of over $500 million.

Considering the impact of spot Bitcoin and Ether ETFs on the assets’ prices, it would be interesting to see how the performance of the Solana ETFs affects SOL’s price in the coming months. As of this writing, the price of Solana stands at around $185, reflecting a more than 4% decline in the past seven days.

Demand For Bitcoin And Ether ETFs Slows Down

The US-based Bitcoin and Ether ETFs registered unconvincing performances in the past week, as investor sentiment in the market seems to worsen by the day. The Bitcoin exchange-traded funds posted a total net outflow of over $607 million in the past week.

Meanwhile, the Ether ETFs snapped their streak of consecutive outflow weeks with a positive weekly influx of over $114 million. Nevertheless, it is worth mentioning that these crypto-linked investment products still ended the month of October with net positive inflows.

Europol has raised fresh alarm about how criminals are handling cryptocurrency. According to the agency, misuse of crypto and blockchain is growing more complex and organized, and that trend is stretching police resources across Europe.

Europol Findings And Figures

Based on reports and the agency’s own assessments, the warning followed the ninth Global Conference on Criminal Finances and Crypto Assets held on October 28–29.

EU-SOCTA 2025, Europol’s broader assessment of organized crime, flagged the same issues. Analytics firms are backing up the concern: Chainalysis and TRM Labs have estimated illicit crypto flows in 2024 measured in the tens of billions of dollars. That figure helps explain why investigators say the problem cannot be ignored.

Lawmakers and investigators cited concrete numbers during the event. A Spanish-led operation that police say laundered €460 million, roughly $540 million, was highlighted as an example of the scale and sophistication officials are facing. Other cases show criminals mixing on-chain methods with off-chain financial routes to hide money across borders.

Law Enforcement Response

Police in several countries have moved from small, local efforts to joint, cross-border investigations. Europol supported the recent €460 million probe by helping coordinate evidence and sharing forensic tools.

Still, many national units report gaps in equipment and training that slow down tracing and seizure efforts. Training is needed, and standardized tools could help investigators follow funds faster across multiple blockchains and fiat systems.

Ransomware groups, scams, and fraud rings now often use crypto as part of a larger toolkit. Reports show criminals combining hacked accounts, mixers, and private payment rails with traditional banking and shell companies.

There’s also a rise in violent robbery tactics aimed at crypto holders, sometimes called wrench attacks, which has pushed the threat from purely financial to physical safety concerns as well.

Industry Data And Trends

Based on reports from industry analysts, detection and tracking tools have improved, but criminals adapt quickly. New laundering techniques and the use of AI to automate parts of schemes were both flagged in the EU-SOCTA briefing.

That means even well-equipped teams must update methods often. Chainalysis and TRM Labs offer ongoing data that reporters and investigators watch closely for shifts in flow volumes and method changes.

Europol has urged stronger international cooperation, saying that chasing crypto across borders needs shared standards and faster information exchange. There were calls at the conference for more public-private work between law enforcement and blockchain analytics firms. Some officials also asked for wider legal clarity so banks and exchanges can act faster when suspicious flows appear.

Featured image from Unsplash, chart from TradingView

Ведущий шоу Mad Money на телеканале CNBC Джим Крамер (Jim Cramer) объявил, что восстановление крипторынка и рост активности инвесторов может начаться 3 ноября.

Faruk Fatih Ozer, founder of the now-defunct Thodex exchange, was found dead in his prison cell while serving his sentence in Turkey, according to local media reports. The former exchange CEO was sentenced in 2023 to 11,196 years in jail for various financial crimes.

Thodex CEO Might Have Committed Suicide: Turkish Minister 

On Saturday, November 1, Bloomberg reported that Ozer died in his prison cell in the F-Type High Security Closed Prison in the Western Turkish city of Tekirdag. Citing Turkish broadcaster TRT, Bloomberg revealed that the authorities are investigating the founder’s death, with a focus on the possibility of a suicide.

Justice Minister Yilmaz Tunc said in a statement:

An investigation has been opened on this matter and is ongoing. The exact cause of death will be determined as a result of the investigation. But currently, the initial findings indicate that it was a suicide.

Ozer was found hanging in the bathroom of his single-person prison cell, which led the investigative speculations on the cause of death being a suicide. However, the Tekirdag F-Type High Security Closed Prison has been called out in the past by some human rights organizations for its use of solitary confinement and small-group isolation.

Ozer, who established the cryptocurrency exchange Thodex in 2017, fled to Albania after the abrupt collapse of his firm in 2021. Following his extradition from Albania in 2022, the former crypto CEO, along with his two siblings, was found guilty by an Istanbul court for various crimes, including aggravated fraud, money laundering, and running a criminal organization.

Ozer revealed in a statement released shortly after the implosion of Thodex that he had thought of surrendering to law enforcement or committing suicide. However, the former exchange boss chose instead to flee Turkey for Albania in order to “stay alive and fight, work and repay my debts.”

In the initial case brought against Ozer, the prosecutor estimated the total losses incurred by investors to be around $24 million after Thodex’s collapse. However, the Turkish media put the figures as high as $2 billion, while a data analytics firm reported a $2.6 billion loss.

Crypto Total Market Cap At $3.66 Trillion

As of this writing, the cryptocurrency total market capitalization stands at around $3.66 trillion, reflecting a 0.39% jump in the past 24 hours. However, a broader look shows that the market is on a downward trend, falling by nearly 10% in the past month.

 

Инвестиционный директор Bitwise Asset Management и стратегический советник компании Blockworks Мэтт Хоуган (Matt Hougan) предположил, что Solana способна повторить успешную судьбу Биткоина, так как располагает аналогичным потенциалом.

Центральный банк Малайзии (BNG) представил трехлетний проект исследования и тестирования токенизации активов финансового рынка.

Европейское подразделение криптобиржи Bybit приостановило открытие счетов гражданам России, а также Беларуси, Афганистана, Ирана, Северной Кореи, Сирии и Судана. Служба поддержки компании объяснила изменения «требованиями соблюдения законодательства».

Глава венчурного фонда Sigma Capital Винит Будки (Vineet Budki) заявил, что инвесторы до сих пор не понимают биткоин и при малейшей коррекции избавляются от этого актива, создавая давление на цену первой криптовалюты.

В поселке Смоленщина под городом Иркутском энергетики в течение недели обнаружили две нелегальные майнинг-фермы, подключенные к линиям электропередач, сообщило иркутское «Облкоммунэнерго».

Основателя и руководителя рухнувшей турецкой криптобиржи Thodex Фарука Фатиха Озера (Faruk Fatih Özer) нашли мертвым в тюрьме турецкого города Текирдаг.

In the often-heated debates about the future of finance, Bitcoin and gold are frequently pitted against each other as competing assets. However, this perspective overlooks a more profound truth, and there are two distinct and complementary manifestations of the same enduring monetary revolution.

How Bitcoin And Gold Perform Under Different Conditions

The narrative behind the ongoing Bitcoin and gold war is often missed. In an X post, Ayni Gold has offered an insightful perspective on the matter, arguing that both assets are value rails with different powers and have been winning in their lanes.

Ayni Gold highlighted that adoption is broad on both sides. The Bitcoin network has evolved into a multi-trillion-dollar asset class, with its market capitalization hovering around $2.2 trillion, powered by record ETF inflows this month. Meanwhile, the gold role is strengthening, not fading. Central banks have accumulated heavily through Q3 2025, and expect to continue increasing their reserves over the next five years.

Furthermore, the tokenized gold led by XAUT and PAXG has surpassed $2.5 billion in market value. This digital evolution of gold will lower frictions for transfer and fractional access relative to many legacy rails. While it doesn’t erase custodians, it effectively compresses the intermediary stack for more users.

The core of this is to stop picking tribes to manage risk. Ayni Gold advocates acquiring both assets and letting them do their job. This suggests a balanced portfolio, with BTC for permissionless, high-beta digital scarcity and global settlement, and gold for durability through macro cycles. 

Both are different instruments, yet they share the same goal of preserving and maintaining purchasing power. However, Ayni Gold mentioned that they are building practical rails between physical gold and Ethereum so more people can access gold-linked rewards transparently.

BTC And Gold As Pillars Of Financial Resilience

While Bitcoin and gold have long shared a deep macro correlation, an investor in crypto and blockchain, Batman, has noted that when analyzing Bitcoin and gold performance cycles closely, there tends to be a time lag before BTC catches up with gold.

Meanwhile, a closer look at the data over the past two years reveals that the time lag of BTC and gold has consistently ranged between 77 and 98 days. Presently, data shows that gold has rallied for nine weeks straight and is showing signs of topping out after a sustained surge in prices. 

According to the expert, this move also marks 77 days from when gold started rallying. If the longest time observed lag is around 98 days, then it won’t take long before BTC catches up to gold.

The Bitcoin price struggles continued over the past week, reflecting the largely pessimistic sentiment in the digital asset market in the month of October. The premier cryptocurrency dropped beneath the psychological $110,000 level despite the interest rate cut decision by the United States Federal Reserve on Wednesday, October 29.

The tame reaction of the Bitcoin price—and other large-cap assets—has raised concerns about the viability of the crypto market in the current cycle. Nevertheless, a prominent blockchain firm CEO has predicted that, although the bull cycle might be coming to an end, the market leader might just be days away from a new all-time high price.

BTC Could Peak Between $143,000 – $146,000: CEO

In an October 31st post on the X platform, Alphractal founder and CEO Joao Wedson revealed that the price of Bitcoin could run up to a new all-time high in the short term. The crypto expert put the potential cycle peak for the flagship cryptocurrency at a price between $143,000 and $146,000.

This evaluation revolves around the Max Intersect SMA Model (the blue line), which has accurately identified the price peaks of previous BTC cycles. Wedson’s analysis expects the Bitcoin price to soon reach a new all-time high (and the cycle peak), as the cycle is currently in its final stage (the distribution phase).

According to the Alphractal CEO, the Bitcoin Smart Model price (the blue line) recently jumped from around $60,000 and now stands at $62,664. Wedson noted that once this Smart Model price gets close to the $68,000 region, that could represent the exact day of a new all-time high for the Bitcoin price.

Furthermore, Wedson highlighted the current sideways movement of the Bitcoin price as a result of the market hunting for liquidity up and down during the current distribution phase. “Now, many are afraid to sell, confident we’ll shoot straight to $250K — which, historically, is the classic signature of a distribution phase,” the crypto founder said.

Ultimately, Wedson warned that the bear market could arrive sooner than expected; hence, investors should approach the market with caution.

Bitcoin Price At A Glance

As of this writing, the price of BTC stands at around $110,120, reflecting a mere 0.1% increase in the past 24 hours. While the premier cryptocurrency seems to be recovering fairly, the last day’s slight jump is not enough to cover the past week’s loss. According to data from CoinGecko, the market leader is down by over 1% in the last seven days.

Shiba Inu appears to be repeating a familiar market structure, according to a recent technical analysis shared by crypto trader IncomeSharks on X. The analyst highlighted how SHIB’s price history over the past two years reflects a cyclical pattern of short-lived rallies followed by prolonged downturns. At the time of writing, SHIB is trading around $0.00001007, showing little momentum to break free from its extended bearish grip.

Is Shiba Inu’s Market Structure Looking Bearish?

The analyst’s daily candlestick timeframe chart, which tracks Shiba Inu’s daily price action since early 2024, presents a visual timeline of its repeated boom-and-bust movements in recent years. 

The first major phase came in early 2024 when SHIB experienced a rapid one-month surge, its biggest move during the observed period. This move took place in just one month and saw the Shiba Inu price break above $0.00004. However, this bullish stretch was quickly followed by a six-month decline between March and September 2024 that erased much of the gains.

The analyst noted that the next significant recovery phase lasted about three months, starting around September 2024 and ending in December, after which SHIB again entered a long-term bearish trend up until the time of writing. This recurring pattern of brief rallies and extended downturns paints a picture of the Shiba Inu price struggling to sustain upward momentum when compared to other cryptocurrencies.

What To Expect If The Pattern Continues

In his post, IncomeSharks summarized this cycle as “basically a two-year-long bear market that started with a wild pump and one little relief rally.” The statement echoes what the chart above shows: one sharp upward move followed by an extended sequence of red candles. As it stands, Shiba Inu is now into about 11 months of downward price action, making this one of its longest bearish phases to date.

If SHIB’s current trajectory remains consistent with the pattern identified by the analyst, the token could face additional months of consolidation or decline before any significant rebound occurs. It also implies that traders hoping for a repeat of any parabolic surges may have to wait longer.

Furthermore, Shiba Inu’s biggest uptrend within the two-year frame lasted just one month. This means that the next major bullish movement, whenever it happens, could arrive quickly but fade just as fast within a month if selling pressure resumes.

This behavior is not limited to Shiba Inu; it reflects a wider sentiment that has gripped the entire meme coin market over the past year. Even Dogecoin, the king of meme coins, has struggled to maintain its momentum above  $0.2 despite multiple attempts to reclaim its earlier highs. Each failed breakout has sent ripples across the meme coin sector, dampening enthusiasm and pulling other tokens like SHIB, PEPE, and FLOKI into similar patterns of prolonged correction.

At the time of writing, Shiba Inu is trading at $0.00001007, up by 2.8% in the past 24 hours but down 20% in a 30-day timeframe.