{"id":10043,"date":"2025-01-28T11:05:31","date_gmt":"2025-01-28T11:05:31","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=10043"},"modified":"2025-01-28T11:05:31","modified_gmt":"2025-01-28T11:05:31","slug":"bitcoin-btc-price-recovery-important-shiba-inu-shib-news-and-more-bits-recap-jan-28","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=10043","title":{"rendered":"Bitcoin (BTC) Price Recovery, Important Shiba Inu (SHIB) News, and More: Bits Recap Jan 28"},"content":{"rendered":"<div>\n<p><strong>TL;DR<\/strong><span data-preserver-spaces=\"true\"><br \/>\n<\/span><\/p>\n<ul>\n<li>Bitcoin (BTC) surged to approximately $103K after a severe dip, with analysts anticipating a new price discovery phase and potential record highs.<\/li>\n<li>Shytoshi Kusama stepped down as Shiba Inu\u2019s lead developer, sparking mixed reactions. Their announcement coincided with a brief plunge in SHIB\u2019s price.<\/li>\n<li>Most meme coins are in the green today (January 28), but Pudgy Penguins dropped 16%, raising concerns about a possible \u201crug pull.\u201d<\/li>\n<\/ul>\n<h2><span data-preserver-spaces=\"true\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/Recap_CB-38.jpg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-380838\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/Recap_CB-38.jpg\" alt=\"\" width=\"1201\" height=\"720\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/Recap_CB-38.jpg 1201w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/Recap_CB-38-300x180.jpg 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/Recap_CB-38-1024x614.jpg 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/Recap_CB-38-768x460.jpg 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/Recap_CB-38-50x30.jpg 50w\" sizes=\"auto, (max-width: 1201px) 100vw, 1201px\"><\/a><\/span><\/h2>\n<h2>BTC Returns to Green Territory<\/h2>\n<p><span data-preserver-spaces=\"true\">The primary cryptocurrency witnessed a rather quiet weekend during which its price hovered in the $104,000-$105,000 range. However, the bears took control on January 27, <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/crypto-markets-shed-250-billion-as-btc-plunged-to-11-day-low-market-watch\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">suppressing<\/span><\/a><span data-preserver-spaces=\"true\"> the valuation below $98,000.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">However, the plunge was short-lived, and Bitcoin (BTC) saw its price pump by over five grand in the last several hours. Currently, it trades at around $102,800 (per CoinGecko\u2019s data), while its market capitalization has once again exceeded $2 trillion.<br \/>\n<\/span><\/p>\n<figure id=\"attachment_380836\" aria-describedby=\"caption-attachment-380836\" style=\"width: 577px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/BTC-Price-9.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-380836\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/BTC-Price-9.png\" alt=\"BTC Price\" width=\"577\" height=\"400\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/BTC-Price-9.png 847w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/BTC-Price-9-300x208.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/BTC-Price-9-768x532.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/BTC-Price-9-50x35.png 50w\" sizes=\"auto, (max-width: 577px) 100vw, 577px\"><\/a><figcaption id=\"caption-attachment-380836\" class=\"wp-caption-text\">BTC Price, Source: CoinGecko<\/figcaption><\/figure>\n<p><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/bitcoin-reclaims-103k-as-second-phase-of-price-discovery-begins-analyst\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">According<\/span><\/a><span data-preserver-spaces=\"true\"> to X user Rekt Capital, the latest surge could <\/span><span data-preserver-spaces=\"true\">be followed<\/span><span data-preserver-spaces=\"true\"> by the beginning of the second phase of price discovery, which may result in a new all-time high.\u00a0<\/span><\/p>\n<blockquote>\n<p><span data-preserver-spaces=\"true\">\u201cBTC has most likely completed its 1st Price Discovery Correction History, which suggests over the next two weeks\u2026 Bitcoin should be able to embark on its second Price Discovery Uptrend to new highs,\u201d the analyst suggested.<\/span><\/p>\n<\/blockquote>\n<p><span data-preserver-spaces=\"true\">Other popular industry participants who recently chipped in include Crypto Tony and Captain Faibik. The former <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/x.com\/CryptoTony__\/status\/1884152432093204729\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">envisioned<\/span><\/a><span data-preserver-spaces=\"true\"> a <\/span><span data-preserver-spaces=\"true\">major<\/span><span data-preserver-spaces=\"true\"> rally if BTC\u2019s price breaks above $106,000, while the latter <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/x.com\/CryptoFaibik\/status\/1884110534628499477\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">predicted<\/span><\/a><span data-preserver-spaces=\"true\"> a new peak of $120,000.\u00a0<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">What\u2019s New Around SHIB?<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">The popular meme coin was among the worst-affected cryptocurrencies during the market decline at the start of the business week. One <\/span><span data-preserver-spaces=\"true\">important<\/span><span data-preserver-spaces=\"true\"> factor that may have intensified its plunge is <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/major-shiba-inu-announcement-is-this-why-shib-price-plunged\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">Shytoshi Kusama\u2019s decision<\/span><\/a><span data-preserver-spaces=\"true\"> to step down from their active role within the team as the \u201clead visionary.\u201d<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">They explained, \u201cThere is no more vision needed, only execution and communications.\u201d Kusama revealed they will now serve as \u201clead ambassador<\/span><span data-preserver-spaces=\"true\">\u201d of Shiba Inu<\/span><span data-preserver-spaces=\"true\">.<\/span><\/p>\n<blockquote>\n<p><span data-preserver-spaces=\"true\">\u201cMy job moving forward will be to guide projects interested in building with the 36 Chambers of Tech (rebranded to ShibOS simply because there are more than 36 now) and helping them implement global solutions at all levels with our technologies,\u201d they added.<\/span><\/p>\n<\/blockquote>\n<p><span data-preserver-spaces=\"true\">Kusama\u2019s announcement led to some controversial responses. <\/span><span data-preserver-spaces=\"true\">While some X users thanked them for their actions <\/span><span data-preserver-spaces=\"true\">while serving as lead developer<\/span><span data-preserver-spaces=\"true\">, others mentioned some of the project\u2019s failures and blamed them for potentially running away.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">It is worth noting that the<\/span><span data-preserver-spaces=\"true\"> statement should not be considered a huge surprise.<\/span><span data-preserver-spaces=\"true\"> After all, Kusama and Kaal Dhairya (another well-known Shiba Inu developer) <\/span><span data-preserver-spaces=\"true\">previously <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/massive-shiba-inu-shib-update-details-about-upcoming-dao\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">said<\/span><\/a><span data-preserver-spaces=\"true\"> that<\/span><span data-preserver-spaces=\"true\"> they would step back by the end of 2024 and hand <\/span><span data-preserver-spaces=\"true\">full<\/span><span data-preserver-spaces=\"true\"> control over to the community.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Back then, Kusama claimed that the development was not about abandoning the project but <\/span><span data-preserver-spaces=\"true\">rather<\/span><span data-preserver-spaces=\"true\"> \u201cempowering the community even more than they already have.\u201d<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Meanwhile, Shiba Inu\u2019s price has recovered from its local bottom and is currently worth around $0.00001896 (per CoinGecko\u2019s data). <\/span><span data-preserver-spaces=\"true\">This represents a 6% <\/span><span data-preserver-spaces=\"true\">increase on a daily scale<\/span><span data-preserver-spaces=\"true\">.<\/span><\/p>\n<figure id=\"attachment_380835\" aria-describedby=\"caption-attachment-380835\" style=\"width: 572px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/SHIB-Price-6.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-380835\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/SHIB-Price-6.png\" alt=\"SHIB Price\" width=\"572\" height=\"400\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/SHIB-Price-6.png 847w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/SHIB-Price-6-300x210.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/SHIB-Price-6-768x537.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/SHIB-Price-6-50x35.png 50w\" sizes=\"auto, (max-width: 572px) 100vw, 572px\"><\/a><figcaption id=\"caption-attachment-380835\" class=\"wp-caption-text\">SHIB Price, Source: CoinGecko<\/figcaption><\/figure>\n<h2><span data-preserver-spaces=\"true\">What About the Other Memes?<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">SHIB is not the only meme coin charting significant gains in the last 24 hours. Its biggest rival \u2013 Dogecoin (DOGE) \u2013 has spiked by 6.5%, while Official Trump (TRUMP), SPX6900 (SPX), MEOW (MEOW), Gigachad (GIGA), and others have soared by double digits.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">On the other hand, Pudgy Penguins (PENGU) is one of the few suffering a substantial decrease. Its price has plummeted by 16% on a daily scale, with some X users <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/x.com\/CryptopepperP\/status\/1884078246297477188\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">suggesting<\/span><\/a><span data-preserver-spaces=\"true\"> there has been a \u201crug pull\u201d scenario in place.<\/span><\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/bitcoin-btc-price-recovery-important-shiba-inu-shib-news-and-more-bits-recap-jan-28\/\" rel=\"nofollow\">Bitcoin (BTC) Price Recovery, Important Shiba Inu (SHIB) News, and More: Bits Recap Jan 28<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR Bitcoin (BTC) surged to approximately $103K after a severe dip, with analysts anticipating a new price discovery phase and potential record highs. Shytoshi Kusama stepped down as Shiba Inu\u2019s lead developer, sparking mixed reactions. Their announcement coincided with a brief plunge in SHIB\u2019s price. Most meme coins are in the green today (January 28), [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-10043","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/10043","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10043"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/10043\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10043"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10043"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10043"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}