Tag Archives: Shiba Inu

TL;DR The Shiba Inu burn rate exploded again, an effort aimed to reduce the asset’s circulating supply and make SHIB more valuable in time. However, the price remains deep in red territory amid an overall market collapse.  SHIB Burn Rate Takes Off The team behind the popular meme coin – Shiba Inu – keeps removing a substantial amount of tokens from circulation. Data shows that the burn rate has skyrocketed by almost 500% in the past 24 hours and 193% on a weekly scale. This...

TL;DR Shiba Inu’s layer-2 solution, has seen a sharp increase in both active accounts and daily transactions, signaling network growth. Developments in Shibarium may fuel a potential rally for SHIB, which is already recovering alongside other meme coins like MEW and DOGE. Shibarium Keeps Progressing Shiba Inu’s layer-2 blockchain solution – Shibarium – once again made the headlines, experiencing a significant revival.  Latest data shows that active accounts on the network...

TL;DR Shiba Inu (SHIB) has recently dropped in value but is predicted to rebound strongly due to favorable technical signals and recent breakout patterns. Positive signs for the meme coin include a decrease in exchange netflows, advances in its Shibarium layer-2 solution, and a significant increase in its burn rate. Where is SHIB Headed? The cryptocurrency market experienced a severe correction on April 12, with the prices of numerous digital assets dropping to multi-week...

TL;DR Shiba Inu achieved a two-year high in its price last month, topping the list of the most-traded digital assets on one popular cryptocurrency exchange. Despite a recent price dip, multiple analysts, including prominent figures on social media platforms, predict a bullish future for SHIB, with forecasts ranging from reaching all-time highs to doubling in price. Shiba Inu’s Success Last Month The second-largest meme coin experienced a solid rally in March, with its price...

Following a couple of weeks of consolidation and correction, the cryptocurrency market is starting to heat up again. Most of the coins are trading well in the green, pushing the total capitalization to just shy of $2.8 trillion. Bitcoin’s price recorded an impressive performance, increasing by around 10% in the past seven days. It is currently trading at around $70,000, where it seems to have solidified throughout the past few days. The increase started at the beginning of...

TL;DR Shibarium’s LUCIE issued a warning to the Shiba Inu community about fraud, advising caution with suspicious links offering unexpected rewards. Despite potential scams, SHIB’s value increased by 18% weekly amid effective token burns and Shibarium’s advancements. Shibarium’s Marketing Strategist, using the X handle LUCIE, advised the Shiba Inu community to be utterly careful when clicking suspicious links from prominent individuals or entities “announcing unexpected...

TL;DR Shiba Inu experiences a notable rally, surpassing major cryptocurrencies in trading volume, indicating significant investor interest. The surge in SHIB and other meme coins underscores the growing profitability and appeal in the sector. The price of the second-biggest meme coin – Shiba Inu (SHIB) – continues to rally, spiking by 7% in the past hour and 15% on a 24-hour scale. Its market capitalization surpassed $18.5 billion for the first time since mid-March. SHIB...

CoinspeakerDogecoin Foundation Unveils GigaWallet v1.0 to Enable Mass Adoption of DOGE via Payments The Dogecoin GigaWallet v1.0 is a backend service meant to provide convenient integration API for online businesses and should not be confused with a normal user-based wallet like MetaMask or Trust Wallet. Dogecoin Foundation Unveils GigaWallet v1.0 to Enable Mass Adoption of DOGE via Payments

TL;DR Shiba Inu analysts remain optimistic that future peaks are just around the corner. A possible ascent might be fueled by the asset’s burning program and developments in the Shibarium network. After a few weeks of trading on the downside, Shiba Inu’s price finally headed north this week, increasing by some 9% in that period. Numerous analysts are forecasting significant rallies in the near future. The crypto investor and trader, using the X handle SHIB KNIGHT, examined...

TL;DR The meme coin sector has witnessed a significant boom, with certain assets being highly popular on social media platforms. While early traders in the ecosystem have seen considerable profits, particularly with tokens like SHIB and WIF, investors are cautioned about the potential for severe losses due to the niche’s notorious volatility. The meme coin sector has been booming in the past several weeks, with numerous assets experiencing triple-digit price increases and...