Browsing:SHIB

Sheboshi NFTs spark Shiba Inu's (SHIB) next big move
2 days 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 weeks 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

4 weeks 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
2 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
2 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
2 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.

Shiba Inu (SHIB) Secures ".shib" Domain Through Partnership with D3 Global
2 months ago 2 mins read

Shiba Inu (SHIB) Secures “.shib” Domain Through Partnership with D3 Global

Shiba Inu (SHIB) has announced a strategic alliance with domain name startup D3 Global to secure its top-level domain (TLD) “.shib.” This move aims to improve the user experience in the Web3 landscape by giving Shiba Inu a distinct and easily identifiable digital address. The acquisition of the “.shib” TLD is analogous to organizations having unique endings such as “.com” or “.org” in their web addresses. A unique web address is analogous to having a recognizable street name in a city in the vast internet landscape, simplifying interactions within the digital world. Under the partnership, D3 Global will play a

Shiba Inu (SHIB) meme coin burn rate experienced an extraordinary surge
2 months ago 1 min read

Shiba Inu (SHIB) burn rate surges by over 400% in the last 24 hours

Shiba Inu (SHIB) burn rate experienced an extraordinary surge, increasing by 420% in the last 24 hours. Shibburn, a leading SHIB token burn tracker, reported 5.3 million SHIB burned across six transactions during this period. This surge, which reached a burn rate of 421.41%, has sparked interest in the SHIB community. As a result, the price of Shiba Inu increased marginally, rising by 1% to $0.00001038 at the time of reporting. The meme coin has gained nearly 25.3% in the last month, fueling speculation of further gains. The increased activity in token burns indicates that SHIB holders are taking part

Shiba Inu Witnesses 4.8 Trillion SHIB Whale Activity Amidst Anticipation
2 months ago 1 min read

Shiba Inu Token Sees Surge in Major Wallet Transactions – Is Something Big Coming?

Shiba Inu (SHIB), the meme-inspired crypto, has seen a significant influx of tokens into major wallets in the last 24 hours. According to research firm IntoTheBlock, 4.8 trillion SHIB tokens, the native currency of the Shiba Inu network, have made their way into wallets that hold at least 0.1% of the total supply. This represented a staggering 375% increase in a single day when compared to token flows observed just 24 hours prior. Outflows from these large wallets, known colloquially as “whales” in crypto jargon, took a different path. During the same 24-hour period, outflows decreased by 60.4%, totaling 835.93

Shiba Inu (SHIB) meme coin has experienced a surge in large transactions
2 months ago 1 min read

SHIB Token Surges with $110 Million in Massive 24-Hour Transactions

According to the on-chain analytics platform IntoTheBlock, the Shiba Inu (SHIB) meme coin has experienced an extraordinary surge in large transactions, reaching a staggering $110.53 million in the last 24 hours. This increase of 275% equates to an astounding 7.22 trillion SHIB tokens changing hands. This surge comes at a time when the Shiba Inu token’s price has dropped by more than 11% in the last day, from $0.00001195 to $0.00001. Despite broader market declines, significant market participants engaged in 186 separate trades, each with a volume of at least $100,000. According to IntoTheBlock data, these significant transactions contributed to

Shiba Inu (SHIB) Experiences Explosive Burning Surge and Mystery Whale Moves 4 Trillion Tokens
3 months ago 1 min read

Shiba Inu (SHIB) Experiences Explosive Burning Surge and Mystery Whale Moves 4 Trillion Tokens

Over the last 24 hours, the popular meme coin Shiba Inu (SHIB) has seen a remarkable increase in burning activity, with over 10.3 million SHIB tokens incinerated, representing an astounding 805% increase in burn rate. Simultaneously, a mysterious crypto whale conducted a massive token transfer, transferring 4.2 trillion SHIB tokens—worth over $42 million—to an unidentified address. The increased burning efforts and enigmatic whale activity have sparked interest and debate in the crypto community. Shibburn, a data analytics platform, reported an exponential increase in SHIB burning, which contributed to a faster token removal strategy. While the burned tokens represent only a

Shibarium Sets Daily Transaction Record Amid Broader Crypto Resurgence
3 months ago 1 min read

Shibarium Daily Transaction Increases Amid Shiba Inu (SHIB) Price Surge

Following Bitcoin’s recent double-digit surge, altcoins are seeing an increase in transactions and values. Shibarium, the layer-2 scaling solution for the popular meme token Shiba Inu, has grown dramatically, particularly in terms of daily transaction volume. According to Shibarium Scan, a monitoring resource, the protocol processed an unprecedented 7.84 million transactions on Tuesday. This is Shibarium’s highest daily transaction volume ever recorded, bringing the total number of transactions since its official launch in April to more than 29.6 million. Shibarium, which was created to alleviate congestion on the Ethereum network, has successfully demonstrated its utility and stability at scale. Shiba