Browsing:SHIB

SHIB has consistently garnered attention from large investors,
2 weeks ago 1 min read

Whales snap up Shiba Inu (SHIB) on the dip, eyeing a potential price surge

The price of Shiba Inu (SHIB) had a decline of more than 15%, reaching $0.00002584, resulting in a general drop in the cryptocurrency market. Nevertheless, prominent investors, sometimes referred to as whales, acquired 184 billion SHIB, equivalent to around $4.9 million, at a reduced price from exchanges such as Coinbase and Binance. The investors’ purchasing binge indicates a calculated and purposeful action. SHIB has consistently garnered attention from large investors, as evidenced by recent acquisitions made by Coinbase and Binance. Whales, due to their significant influence on market movements, raise inquiries over the price potential of SHIB. Although there was

BlockDAG’s 1000x Potential Sinks Shiba Inu and MakeDAO Surge Hype
1 month ago 4 mins read

BlockDAG’s 1000x Potential Sinks Shiba Inu and MakeDAO Surge Hype

The cryptocurrency sector is brimming with options such as Shiba Inu and MakerDAO, but BlockDAG introduces a new level of innovation and accessibility. Offering an alternative to Shiba Inu’s market movements and MakerDAO’s consistent MKR price growth, BlockDAG distinguishes itself by making mining accessible to all through its eco-friendly and user-oriented technology. This cryptocurrency not only offers potential for 1000x growth but also aims to achieve widespread adoption and inclusivity. Shiba Inu’s Market Movement: A Phase of Anticipation The meme-based cryptocurrency Shiba Inu finds itself in a pivotal period, currently consolidating in a falling wedge pattern. This has led to

Shiba Inu (SHIB) meme coin has seen a huge spike in price and burn rate
2 months ago 1 min read

Shiba Inu surges by over 62% as burn rate increased by over 22,000% in just 24 hours

Shiba Inu (SHIB) meme coin has seen a huge spike in price and burn rate, resulting in a devoted group known as the Shiba Army. The jump is linked to over 22,432% increase in the burn rate over 24 hours, which sent 14 billion SHIB tokens to a “dead wallet,” essentially removing them from circulation. Furthermore, this drop in supply is seen as a trigger for long-term price rise, following the economic concept of scarcity driving demand. However, seasoned crypto veterans remain wary owing to the short period and volatility of the cryptocurrency industry. The quick price gain might indicate

Bets against non-serious tokens have lost a cumulative $50 million in the past 24 hours, indicating irrational exuberance.
2 months ago 1 min read

DOGE, SHIB, PEPE, FLOKI, and BONK see over $50M in short positions liquidated in the past 24 hours

Meme coins, such as Pepe (PEPE), have seen a significant price increase, with shorts losing a cumulative $50 million in the past 24 hours. According to data from Coinglass, bets against Dogecoin (DOGE), Shiba Inu (SHIB), Pepe (PEPE), Floki (FLOKI), and Bonk (BONK) saw over $50 million in liquidations in the past 24 hours. This contributed to the price surge among these tokens. Meme coins started to come into focus last week as proxy bets on the growth of whichever blockchains these tokens are based on. Especially Ethereum-based DOGE, SHIB, PEPE, and FLOKI have captured most of the meme trading

The burn rate of Shiba Inu has surged by over 880%
2 months ago 1 min read

Shiba Inu community burns over 634 million SHIB tokens in February, SHIB price surges by over 80%

The burn rate of Shiba Inu has surged by over 880%, resulting in the destruction of over 630 million SHIB tokens in February. Shibburn, a SHIB transaction tracker, has reported that in the past 24 hours, the SHIB community burned over 37,104,438 SHIB meme coins. This increased the burn rate to over 880%. Thus, over 21,540,898 SHIB was sent to inactive Bitcoin wallets in the biggest burn transaction hours ago. On top of that, there were three significant transfers that involved 2,154,873 SHIB, 1,000,000 SHIB, and 1,802,613 SHIB, with the second-largest holder disposing of 9,740,615 SHIB tokens 16 hours ago.

Pepe (PEPE) meme coin has seen a 65% surge in trading volume over the past 24 hours
2 months ago 1 min read

Pepe memecoin experiences a remarkable surge of 150%, surpasses BONK

Pepe (PEPE) meme coin has seen a 65% surge in trading volume over the past 24 hours, surpassing Bonk (BONK) as the third-largest meme coin by market capitalization. The surge has also led to over 90% increase in trading volume to over $1.40 billion. This performance aligns with a broader rally altcoins, especially meme coins. These meme coins have collectively achieved an average gain of 10% in the past 24 hours, reflecting growing interest across various networks. Likewise, the resurgence of meme coins coincides with the overall crypto market’s recovery, influenced by Bitcoin’s (BTC) recent rally to surpass the $61,000

Sheboshi NFTs spark Shiba Inu's (SHIB) next big move
2 months ago 1 min read

Sheboshi NFTs spark Shiba Inu’s (SHIB) next big move, promising innovative ecosystem growth

Shiba Inu’s Sheboshi non-fungible token (NFT) launch has sparked excitement within its community, leading to a surge in market activity. Influencer Lucie announced on X (formerly Twitter) that the project aims to innovate and grow the ecosystem. Moreover, the Shiba Inu’s development team is pushing the project beyond its meme coin image by introducing practical applications, such as the Shibarium Layer 2 network and the SHIB Identity blockchain initiative. In addition, the Shibarium network’s transactions surged to 3.95 million, stabilizing at 2.78 million. This highlights increased crypto market engagement. On top of that, the total value locked (TVL) in Shibarium

BONE ShibaSwap (BONE)
3 months ago 1 min read

BONE ShibaSwap (BONE), the Shiba Inu governance token, sees a major boost as OKX Africa introduces support

The Shiba Inu governance token, BONE ShibaSwap (BONE), got support from OKX Africa, a branch of the Seychelles-based OKX exchange. This development coincides with increased transactions on the Shibarium blockchain and awareness of potential scams among the Shiba Inu community. OKX Africa’s adoption of BONE ShibaSwap represents a milestone for the governance token. Lucie, a member of the Shiba Inu (SHIB) team, announced the news on the social media platform X. OKX Africa’s On-chain Earn feature increases user engagement by allowing them to earn for staking in proof-of-stake (PoS) systems or participating in the DeFi protocol. The dual-earning mechanism for

3 months ago 1 min read

Shiba Inu’s Shibarium Layer-2 network facilitates over 310 million transactions

The Shibarium Layer-2 network has been a busy hub, facilitating 310 million transactions in its mission to combat Ethereum’s soaring fees, which have hampered widespread adoption. As the developer community ramps up its efforts, the SHIB token is showing signs of recovery after an 85% drop from its 2022 peak. Unlike its canine-themed counterparts, Shiba Inu does not rely solely on celebrity tweets to gain attention. Instead, the team is actively developing the platform, and this proactive approach appears to be popular with investors. Ali, a well-known crypto analyst, notes that the current market conditions are similar to previous accumulation

Pandoshi Unveils Innovative Blockchain Ecosystem: Inspired by Shiba Inu
4 months ago 5 mins read

Pandoshi Unveils Innovative Blockchain Ecosystem: Inspired by Shiba Inu

London, United Kingdom, January 2nd, 2024 In the evolving world of blockchain technology, new entrants are emerging with the intent of disrupting the established order and establishing themselves as major players. One such contender that has garnered significant attention within the crypto community is Pandoshi (PAMBO). With its ambitious goals, innovative approach, and rapid growth, numerous enthusiasts see Pandoshi as a project with high potential. The Rise of Shiba Inu (SHIB) Before exploring the potential of Pandoshi, it’s important to understand the success story of Shiba Inu and what has made it a prominent figure in the cryptocurrency space. Shiba

Shiba Inu Burn Rate Surges Over 2,700% Amid Market Consolidation
4 months ago 1 min read

Shiba Inu (SHIB) Burn Rate Surges Over 2,700% Amid Market Consolidation

While the Shiba Inu price has recently stabilized, the Shiba Inu community has seen a remarkable increase in SHIB burn activities over the last few days. The burn rate, which represents the number of SHIB tokens irreversibly sent to unrecoverable wallets, has increased by over 2,700%. This increased burning reflects the community’s efforts to reduce total SHIB supply and possibly influence price movements. SHIB tokens are typically burned infrequently, with any investor able to participate by sending tokens to one of three SHIB burn addresses. The Shiba Inu team has actively encouraged community members to participate in burning activities to

Shiba Inu Whales on the Move Spark Speculation Amidst Price Decline
4 months ago 2 mins read

Over 4 trillion Shiba Inu (SHIB) tokens moved by a whale

Shiba Inu has seen significant whale activity in the last 24 hours, sparking speculation within the crypto community. According to reports, a Shiba Inu (SHIB) whale made a significant move, transferring around 4 trillion SHIB tokens to an unidentified wallet. This activity coincided with a decrease in the SHIB burn rate and a drop in the price of the crypto asset. The on-chain tracker Whale Alert revealed that the transfer was initiated by an unknown wallet, which moved a staggering 4,239,147,213,294 SHIB tokens to another unnamed wallet address. Despite the transaction’s high value, the associated gas fee was unusually low.

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