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Tag Archives: Shiba Inu

Shiba Inu (SHIB) Achieves Another Massive Milestone: Details

TL;DR Shibarium’s usage and growth metrics show strong adoption, with transactions and wallet addresses increasing. This growth could positively impact Shiba Inu’s price, which has seen a modest rise recently. Shiba Inu’s layer-2 blockchain solution – Shibarium – continues to make waves, frequently smashing various milestones. On February 19, daily transactions on the network surged to 3 million, whereas the number of total transactions surpassed the 360 million mark. Wallet...

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Shiba Inu’s Shibarium Network Witnesses Mysterious Spike of 8139% in BONE Token Transfers

CoinspeakerShiba Inu’s Shibarium Network Witnesses Mysterious Spike of 8139% in BONE Token Transfers The sudden surge in BONE transfers without much impact in its price has confused observers. However, this might be a sign of a strong accumulation phase, with the probability of future bullish action. Shiba Inu’s Shibarium Network Witnesses Mysterious Spike of 8139% in BONE Token Transfers

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Massive Increase in the Shiba Inu (SHIB) Burn Rate amid Market Resurgence

TL;DR Shiba Inu’s burn rate spiked drastically, significantly reducing its circulating supply. The development aligns with SHIB’s recent price increase amid a general upswing in the cryptocurrency market. The popular meme coin Shiba Inu witnessed a burn rate spike of 1,400% for the past 24 hours, resulting in more than 60 million tokens being removed from circulation. Since the beginning of the year, the number of destroyed assets has surpassed the 9 billion mark. Shiba Inu...

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Four Factors Indicating a Potential Shiba Inu (SHIB) Bull Run Incoming

TL;DR Some important elements indicate a potential upswing for Shiba Inu in the short term. Developments in SHIB’s layer-2 blockchain solution and a resurgence of the meme coin sector could support this rally. Is it Time for a SHIB Rally? Shiba Inu (SHIB), similar to many other cryptocurrencies, has underperformed in the past several days, with its price plunging by 3% on a two-week scale (per CoinGecko’s data). However, some essential metrics and factors hint that the...

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Shiba Inu (SHIB) Blasts Through Another Big Milestone

TL;DR Shibarium sees a surge in transactions and wallet addresses. SHIB’s price drops, aligning with a general downturn in the cryptocurrency market. The Latest Achievement Shiba Inu’s layer-2 blockchain solution – Shibarium – made waves again, with total transactions surpassing 300 million. The achievement follows a successful month, during which the network witnessed daily transactions in the range of 1.2 – 7.8 million. Shibarium Daily Transactions, Source: ShibariumscanIn...

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We Asked ChatGPT if Solana Meme Coin Dogwifhat (WIF) Can Flip Shiba Inu (SHIB) in 2024

TL;DR Dogwifhat (WIF), a Solana-based meme coin, saw a substantial price increase recently. A potential surpassing of Shiba Inu’s market cap hinges on factors like community support, use cases, market trends, and more. What are the Chances? The Solana-based meme coin – dogwifhat (WIF) – has been among the best-performing cryptocurrencies in the past two weeks, with its price exploding by triple digits (per Coingecko’s data) and market cap briefly exceeding $450 million. WIF...

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Shiba Inu Burn Rate Explodes 3,000% But the SHIB Price Corrects

TL;DR Shiba Inu experienced a substantial increase in its token burn rate, but its price continues to decline. Shibarium saw a rise in daily transactions, signaling growth in the meme coin’s ecosystem. Burn Rate Goes Through the Roof The popular meme coin – Shiba Inu – witnessed a burn rate increase of nearly 3,000% in the past 24 hours, resulting in over 30 million tokens being removed from circulation. The program aims to reduce the circulating supply of SHIB, making it...

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Shiba Inu’s BONE Spikes 10% After This Popular Exchange Adds Support to Shibarium

TL;DR A well-known crypto exchange allowed customers to purchase and send BONE tokens to Shibarium through its platform. BONE’s price experienced a notable increase following the disclosure. Shibarium’s Marketing Strategist, going by the handle LUCIE on X (formerly known as Twitter), praised the crypto exchange Gate.io for supporting the layer-2 blockchain solution. Users are now allowed to purchase and send BONE tokens to Shibarium via the platform. Huge shoutout to...

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