Tag Archives: Shiba Inu (SHIB)

Shiba Inu, the second-largest meme cryptocurrency, recently cracked a new major milestone, with total tokens burnt surpassing 410 trillion SHIB. Based on Etherscan, the amount of SHIB tokens locked in the SHIB burn address recently reached 410.35 trillion tokens, currently valued at about $3.41 billion. Vitalik Buterin remains the largest SHIB burner of all time, two years after burning about 410.24 trillion SHIB in May 2021. It’s this historical ban that popularized SHIB...

XRP and SHIB whales are inducing ripples in the crypto market, with massive new token purchases igniting speculations of potential price actions in these assets. Data from Whale Alerts reveals a string of significant transactions involving trillions of SHIB moving between wallets. On Aug. 21, an investor and holder of wallet 0xc684d6c5 purchased 4,653,778,173,637 SHIB worth $36,797,424 from a Bitvavo sender. Later, wallet 0xc684d6c5 sent about 4,639,778,173,637 SHIB valued at...

SHIB bounced, but failed to move above the key resistance. Key Support levels: $0.0000080, $0.0000070 Key Resistance levels: $0.0000085, $0.000010  1. Rejection at Key Resistance The price found support at $0.0000080 and tried to move higher but was quickly rejected once reaching the resistance at $0.0000085. Since then, the cryptocurrency fell back on the key support, which is now put under pressure again. Chart by TradingView2. Sellers Dominate In the past nine days,...

Shiba Inu (SHIB), Pepe (PEPE), and Bone Shibaswap (BONE) are among the top five trending coins in the market today. Interestingly, none of them is making the headlines for a good reason. Data from CoinMarketCap indicates the three meme coins are currently all in the red. BONE is down 12.83% in the last 24 hours, and more than 20% over the last seven days. On its part, Shiba Inu is currently 8.16% below its price from the previous day and 10.5% over the week. At 2.15%, PEPE...

Well-known cryptocurrency market analyst, Michael van de Poppe, anticipated a strong surge in Shiba Inu (SHIB) price, exceeding 44% in the coming weeks. This bullish outlook relies on SHIB holding on to three key support levels long enough to reestablish an upward trajectory. In stark contrast to the current crypto market demeanor, which remains predominantly devoid of action, SHIB, currently ranked 15th by market cap, has been on-and-off with its price action recently. SHIB...

On Wednesday, Shiba Inu (SHIB) developers appeared on stage at the Blockchain Futurist Conference in Toronto to discuss the “End Game” for Shibarium – the meme token’s metaverse and NFT-oriented layer 2 blockchain. The team said that the Shibarium mainnet has gone live, allowing developers to begin building apps on the blockchain. The ecosystem will include “Shibdentities,” a proof of personhood solution that lets users retain control of their data and privacy. Shibdentities...

Shiba Inu has shared yet another announcement with its community. The ecosystem’s marketing strategist took it to Twitter (now known as X) to reveal that the SHIB Doggy DAO has partnered with a leading digital asset advisory and investment firm. Source: XSHIB Doggy DAO Shakes Hands with ATH The new partnership is struck between Alpha Transform Holdings (ATH) and SHIB Doggy DAO. The latter is the decentralized autonomous organization that’s governed by holders of the SHIB...

In an exciting announcement, the Crypto.com exchange has made LEASH (Doge Killer) accessible on their platform, providing users with seamless trading and swapping capabilities with other cryptocurrencies available on the exchange. Source: XThis development has garnered attention and celebration from the official Shiba Inu Twitter account, which shared the news with the SHIBARMY, emphasizing the significance of this listing on Crypto.com as a considerable achievement for the...

Another day – another failure for Bitcoin to break away from its current range around $29,000. The primary cryptocurrency’s volatility has fallen to historic lows and the rest of the market doesn’t seem too exciting either. But there’s one barking exception. Bitcoin Stagnates at $29K They say there’s never a dull moment in crypto, but if you’re mostly following the performance of large-cap coins throughout the past week, you can probably see that this can be a bit of an...

To say that the price action within the cryptocurrency market this week was underwhelming would be the understatement of the year. Most of the top altcoins are charting losses as Bitcoin’s price remains completely flat for the past seven days. In fact, Bitcoin’s volatility has been so insignificant that on a 10-day average, it’s about to become less than that of stocks and even gold. That’s right – the “highly volatile” Bitcoin that’s unpredictable and “risky” has seen less...