Browsing:$SHIB

The community behind the popular memecoin Shiba Inu (SHIB) has burned over 6.3 billion tokens in a week.
4 months ago 1 min read

Shiba Inu Burns Over 6.3 Billion Tokens in a Week

The community behind the popular memecoin Shiba Inu (SHIB) has burned over 6.3 billion tokens in a week. This is a significant amount of tokens, and it shows that the Shiba Inu community is committed to reducing the supply of SHIB tokens. Token burning is the process of permanently removing tokens from circulation. This can be done by sending tokens to a burn address, which is a wallet that cannot be accessed by anyone. When tokens are burned, they are effectively removed from the market, which can help to increase the value of the remaining tokens. There are a number

Shiba Inu lead Shytoshi Kusama broke his silence on Tuesday
4 months ago 2 mins read

Shiba Inu Lead Provides Update on Projects Development

Shiba Inu lead Shytoshi Kusama broke his silence on Tuesday, signaling “many great things” in the works for the popular meme cryptocurrency. In a message on the Shibarium Discord server, Kusama reassured followers that he is still committed to the project and that “there are many great things in the works.” Kusama also hinted at significant developments brewing behind the scenes, saying that he has been “quiet in cooking up something.” He did not provide any specific details, but he did say that he is “not going anywhere.” The news of Kusama’s return has been met with excitement by the

The Shibarium testnet has seen a surge in transactions in recent weeks
4 months ago 2 mins read

Shiba Inu’s Layer-2 Solution Shibarium Sees Over 2 Million Transactions in Days

The Shibarium testnet has seen a surge in transactions in recent weeks, with over 14 million transactions processed since its inception on March 11. This is a significant increase from the number of transactions processed on the Ethereum mainnet, which is currently around 1 million per day. The surge in transactions on the Shibarium testnet could be due to a number of factors, including the low cost of transactions and the increased activity from the Shiba Inu community. Shibarium is a layer-2 solution that is designed to provide users with faster transaction speeds and lower fees compared to other blockchains.

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