Tag Archives: Shiba Inu

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...

Floki’s team of developers have their eyes set on capturing a significant percentage of the global asset tokenization market. Popular meme coin FLOKI was first introduced in 2021 after being originally inspired by Elon Musk’s pet Shiba Inu. Since then, it has gone on to establish itself as a major decentralized finance (DeFi) project. For context, the coin is currently seeing tremendous activity with over $55 million worth of FLOKI held up on the blockchain’s staking platform within a week...

TL;DR Binance announced it will delist 23 margin trading pairs, including prominent ones like ADA/BUSD and the memecoins DOGE/BUSD and SHIB/BUSD, on November 9, with automatic closure and settlement of positions for these pairs. The delisted pairs are all denominated in BUSD, a stablecoin for which Binance will end support by early 2024, advising users to convert their BUSD holdings before February 2024. This move follows a previous delisting of several BUSD pairs in October,...

TL;DR The Shiba Inu burn rate has surged by over 7,400% in the last 24 hours, leading to over 369 million SHIB being removed from circulation. The burning program’s intent is to decrease the token’s overall supply, possibly increasing its scarcity and value; the coin’s price has risen by 12% weekly. Shibarium, Shiba Inu’s layer-2 scaling solution that launched in August, has quickly gained traction with over 3.5 million transactions and 1.3 million blocks. The popular...

TL;DR Shiba Inu’s price rose 12% over the past week but remains below its 2021 highs. Early Bitcoin adopter, Davinci Jeremie, endorsed SHIB on Twitter, prompting positive reactions in the crypto community. Jeremie had earlier accurately predicted Bitcoin’s growth potential, with BTC recently surpassing $35,000. Pinpointing at SHIB Ever since entering crypto’s ecosystem, memecoins have been intriguing for many investors and traders due to their enhanced volatility and...

TL;DR Shiba Inu’s layer-2 solution, Shibarium, witnessed a 400% increase in daily transactions, reaching over 62,000 on October 25. Since its launch in August, Shibarium has seen over 1.3 million blocks and is nearing 4 million overall transactions. This growth in Shibarium is seen as a potential driver for SHIB’s price, which has recently risen by about 10% daily and 20% weekly, possibly also influenced by the broader bullish cryptocurrency market trends. What’s New With...

TL;DR Robinhood introduces cryptocurrency services in Nevada, covering major digital assets including Bitcoin, Ether, Dogecoin, and Shiba Inu. Dogecoin and Shiba Inu’s prices slightly retrace post-announcement, despite Robinhood’s significant SHIB holdings worth around $250 million. SHIB’s future valuation might be influenced by mass adoption and the development of Shibarium, aiming for faster, cheaper transactions. The American-based financial services company – Robinhood –...

TL;DR Shiba Inu’s co-founder hints at significant partnerships during his recent silence on social media. SHIB saw a 2% increase in 24 hours and 1% weekly, with potential for further growth from major collaborations. The layer-2 solution, Shibarium, which achieved notable milestones, is viewed as a catalyst for SHIB’s price growth. Bullish Sign for SHIB? Shiba Inu’s lead developer, who uses the pseudonym Shytoshi Kusama, has recently shed more light on their inactivity in...

TL;DR Dogecoin has seen increased volatility, with predictions, including by Twitter user AngeloBTC, suggesting it might reach $1. The memecoin spiked by 6% in 24 hours and over 8% weekly. Dogecoin’s sustained popularity is attributed partly to its endorsement by Elon Musk, Tesla’s CEO, and the interest in other memecoins like Shiba Inu (SHIB). The first-ever memecoin – Dogecoin (DOGE) – is among the most intriguing digital assets for traders due to its enhanced volatility....

TL;DR Binance will delist 17 liquidity pools from its Liquid Swap by October 27, including pairs like DOGE/BUSD and SHIB/BUSD, but Binance Spot remains unaffected. Despite delistings, Dogecoin and Shiba Inu prices remain strong, reflecting the overall positive crypto market trend. BitMEX also delisted pairs, including FLOKI/USD, but Floki Inu’s value has seen a significant uptrend recently. Binance Removes the Following Pairs The world’s largest cryptocurrency exchange –...