Tag Archives: Shiba Inu (SHIB)

TL;DR Shiba Inu’s burn rate has significantly increased, contributing to a reduction in SHIB’s circulating supply. The price of Shiba Inu has shown an uptrend, with a 5% increase on a weekly basis. The development of the layer-2 blockchain solution Shibarium is also worth observing. The Latest Burn The second-largest memecoin by market capitalization – Shiba Inu – witnessed a burn rate spike of approximately 400% in the past 24 hours. This resulted in over 16.5 million...

TL;DR Shibarium, Shiba Inu’s layer-2 solution, has seen substantial growth in terms of transaction volume. The network’s advancement could boost SHIB’s price through increased community engagement and investor interest. Despite a slight recovery, SHIB’s overall value is down on a weekly basis. The popular memecoin Shiba Inu (SHIB) has once again made the headlines thanks to its layer-2 blockchain solution – Shibarium. According to Shibariumscan, total transactions on the...

TL;DR One of the biggest Indian cryptocurrency exchanges noted that Shiba Inu (SHIB) was highly traded on its platform last year, even surpassing Bitcoin and Polygon in February. Shiba Inu introduced Shibarium, a layer-2 blockchain solution, to enhance efficiency and scalability, achieving over 200 million transactions. Despite recent progress, SHIB’s price hasn’t seen substantial gains, with a 12% drop noted on January 3, though trends like negative SHIB exchange netflow...

TL;DR Shiba Inu (SHIB) has seen a notable increase in its price recently, with its performance compared to other cryptocurrencies like Dogecoin. Various factors and developments within the Shiba Inu project are influencing its current market trend, including its L2 blockchain solution Shibarium. The article also discusses the impact of actions by large SHIB investors on the cryptocurrency’s market dynamics and investor sentiment. Shiba Inu (SHIB) Performs Better Than...

TL;DR Shiba Inu’s layer-2 blockchain solution, Shibarium, achieves a significant milestone in terms of transaction volume. Despite this significant achievement, SHIB’s price has remained stable without major changes in the last 24 hours. SHIB has the potential to surge in the near future considering the execution of its burning program and other developments. Shibarium’s Latest Achievement The popular memecoin – Shiba Inu (SHIB) – keeps dragging attention toward itself. The...

Shiba Inu is soaring up the 7-day, 14-day, and 30-day charts. Here are three signs that the SHIB price rally for the popular Ethereum ERC-20 meme coin continues. But real quick first, here is the most recent update on SHIB price: Shiba Inu Support Building аt $0.00001075 The Shiba Inu token has bounced along a sideways channel with support at the $0.00001075 level since Friday, Dec. 22. During that time, SHIB charted highs with resistance around the $0.00001100 level....

TL;DR SHIB’s Recent Performance: Shiba Inu (SHIB) has seen a gradual increase in its price over the past two months, with some analysts predicting a potential rally for the memecoin in the future. Influence of a Bitcoin ETF on SHIB: There is speculation that the launch of a spot Bitcoin ETF in the USA could positively impact SHIB and other cryptocurrencies, as it might attract significant investment into the market. Other Factors Affecting SHIB’s Value: The article also...

TL;DR SHIB to Spike Over 40%? Despite the ongoing market correction, the second-largest memecoin by market capitalization – Shiba Inu (SHIB) – is still approximately 15% up on a monthly basis (per CoinGecko’s data). Some analysts, including the one using the X (Twitter) handle Ali, believe a fresh rally in the near future might be in the cards. The analyst presented a chart of the social media platform, estimating that SHIB has a chance of a 45% price increase should it...

TL;DR Major Announcement Teased: Shytoshi Kusama, the anonymous lead developer of Shiba Inu (SHIB), hinted at a significant announcement and a year-end surprise for the SHIB community, suggesting it will be a pioneering development in Web3. Shibarium’s Impact on Shiba Inu: The focus on Shiba Inu in 2023 has been more on its layer-2 blockchain solution, Shibarium, than its price. Launched in August, Shibarium aims to position SHIB as a leader in its niche by enhancing speed...

TL;DR Cryptocurrency Giveaway: Binance is offering $500,000 in cryptocurrencies to users who use their Web3 wallet for swaps until December 31, 2023. Web3 Wallet Launch: Introduced at Binance’s Istanbul conference, the Web3 wallet features secure cryptocurrency swapping, transfers, and dApp access. Platform Updates: Binance is removing four cryptocurrencies (BTS, PERL, TORN, WTC) due to various reasons and introducing zero-fee trading for selected pairs starting December 8....