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Tag Archives: Shiba Inu (SHIB)

What You Need to Know About the $500K Binance Airdrop

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....

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Three Reasons Why Shiba Inu (SHIB) Price Soared 10% Today

TL;DR Shiba Inu (SHIB) saw a 10% price increase, influenced by the overall positive trend in the crypto market, with Bitcoin reaching $42,000. SHIB’s rally could be partly due to the success of Shibarium, its layer-2 blockchain solution, which recorded a dramatic increase in daily transactions, peaking at 7.84 million on December 3. The rise in SHIB’s value could also be attributed to its aggressive burning program, with a 1,000% increase in burn rate in a week leading to...

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Shiba Inu (SHIB) Burn Rate Skyrockets by 20,000%: What Does it Mean for the Price?

TL;DR  Massive Increase in SHIB Burn Rate: Shiba Inu’s token burn rate has surged by approximately 20,000% in the last 24 hours, leading to the removal of over 260 million tokens, a record high in two months. Burning Program for Value: Around 41% of Shiba Inu’s original 999 trillion total supply has been burned, aiming to enhance the coin’s scarcity and value. Shibarium’s Influence: The advancement of Shiba Inu’s layer-2 blockchain solution, Shibarium, is seen as a potential...

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Watch Out: Shiba Inu (SHIB) Community Warned About This Dangerous Scam

TL;DR Shiba Inu Scam Warning: Shibarmy Scam Alerts warns of fraudulent sites and NFT airdrops targeting SHIB investors, advising careful verification of URLs. Telegram Scam Alert: The team previously alerted about scammers on Telegram posing as legitimate contacts to deceive users in the Shiba Ecosystem & Shibarium Tech group. Safety Advice: Users are urged to verify identities and check official links to prevent falling victim to cryptocurrency fraud. SHIB Army Should...

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Important Shibarium Metric Soars 130%: What Does it Mean for the SHIB Price?

TL;DR Rapid Growth of Shibarium: Shibarium, a layer-2 solution for Shiba Inu, experienced a surge in daily transactions, reaching nearly 35,000 on November 21, a 130% increase from the previous day. Achievement of Key Milestones: Since its launch, Shibarium has crossed over 4 million total transactions, with wallet addresses exceeding 1.25 million and nearly 1.8 million total blocks. Shibarium’s Purpose: Introduced in August, Shibarium is designed to improve Shiba Inu by...

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Shibarium Blasts Through Another Important Milestone: What’s Next for Shiba Inu (SHIB)?

TL;DR Shibarium Achievements: Shibarium, Shiba Inu’s layer-2 blockchain, exceeded 4 million transactions and 1.5 million blocks, with nearly 1.3 million wallet addresses. Shiba Inu Price Drop: Despite these milestones, Shiba Inu’s token price fell by 4%, mirroring the overall cryptocurrency market downtrend. New Donation Feature: Shibarium introduced a donation feature to support non-profit validators, enhancing network security and ecosystem inclusivity. Shibarium’s Latest...

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Shiba Inu (SHIB) Announces a New Feature on Shibarium: Details

TL;DR Shibarium’s New ‘Donate’ Feature: Shiba Inu introduced a “Donate functionality” to its layer-2 blockchain solution, Shibarium, allowing users to financially support non-profit validators who contribute to the network’s security and efficiency. Progress and Achievements of Shibarium: Since its launch in August, Shibarium has shown rapid progress, surpassing 1.5 million blocks and nearing 4 million transactions, indicating significant activity and growth on the...

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Shiba Inu (SHIB) Major Announcement: Manny Pacquiao Collab

TL;DR Shiba Inu and Manny Pacquiao Partnership: Shiba Inu announced a collaboration with boxing legend Manny Pacquiao, coinciding with the release of The Shib Magazine’s second edition and a 3,000 NFT giveaway. Pacquiao’s Boxing Achievements: Manny Pacquiao is celebrated for winning 62 of 72 professional matches and being the first boxer to win lineal championships in five weight divisions, with titles in four decades. SHIB’s Recent Market Performance: SHIB has seen a 20%...

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Massive Shiba Inu (SHIB) Transaction: Whale Moves Trillions

TL;DR Whale Alert detected a transfer of 4.4 trillion SHIB by anonymous wallets amid rising whale activity, coinciding with Shibarium blockchain milestones. Despite burning 1.5 billion SHIB tokens in October and efforts to reduce supply, SHIB’s price rally remains moderate, with a 15% increase over the past month. SHIB on the Move Whale Alert, which tracks large crypto transfers, detected one of the most significant SHIB movements by two anonymous wallets. According to the...

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Shiba Inu Outpaces Bitcoin Cash as SHIB Price Jumps 5%

TL;DR Shiba Inu (SHIB) has surpassed Bitcoin Cash (BCH) in market capitalization, ranking as the 18th largest cryptocurrency with nearly $5 billion in value. SHIB experienced a price rally, increasing around 5% in 24 hours and 12% over two weeks, outperforming major cryptocurrencies like BTC and ETH, which have shown more stability in their price movements. The SHIB surge is potentially influenced by the development of Shibarium, a layer-2 solution aimed at reducing...

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