SHIB

Shiba Inu’s burn rate surges by 700%, removing 15 million SHIB tokens from circulation

September 24, 2024 1 min read

Shiba Inu has witnessed a 700% surge in its burn rate, accompanied by optimistic remarks from Shytoshi Kusama during the Token2049 event in Singapore. The SHIB token initially experienced an increase above 9%, but is presently trading with a 0.18% decline during the past 24 hours. The recent increase in burn rate has eliminated 15 million SHIB tokens from circulation, prompting the market to expect additional gains. A majority of

A Shiba Inu whale who once made $145 million has now lost over $13.5 million

September 20, 2024 1 min read

A well-known Shiba Inu (SHIB) whale, who gained $145 million from trading SHIB in 2021, is now facing significant losses following a series of high-risk bets. On September 18, Spot On Chain revealed that the whale traded 1,003 ETH (worth $2.31 million) for 2.86 billion NEIRO tokens, owing to NEIRO’s recent increase. However, two of the whale’s recent trades, including one NEIRO swap and a SHIB trade, resulted in a

An early SHIB investor swaps $3.5 million Shiba Inu tokens for $FET

August 31, 2024 1 min read

A Shiba Inu (SHIB) investor who got in early has modified their investing approach by exchanging a substantial portion of their SHIB holdings for Fetch.ai (FET). Their objective is to take advantage of the recent increase in FET’s worth while mitigating the ongoing losses incurred from SHIB. The whale had previously accumulated substantial earnings from its initial participation in Shiba Inu, amassing $145 million in gains from trades executed between

Shiba Inu (SHIB) plans to launch a decentralized autonomous organization (DAO)

August 26, 2024 1 min read

Shiba Inu, currently ranked as the 13th largest cryptocurrency based on its market capitalization, plans to establish a decentralized autonomous organization (DAO). This would enable token holders to participate in voting for upcoming initiatives and influence the project’s trajectory. The memecoin DAO will be governed by two main councils, namely the “Charity Council” and the “Culture & Heritage Council.” These councils will be responsible for supervising community efforts, including philanthropic

A crypto trader makes over 880% return on investment (ROI)

July 29, 2024 1 min read

Meme coins, like Pepe (PEPE), have the potential to undergo substantial price surges within a short timeframe, providing advantageous opportunities for astute traders who strategically enter the market. Lookonchain, a cryptocurrency analytics tool, has uncovered a situation where a trader acquired 170.2 billion PEPE coins in October of the previous year and subsequently sold them for 1.97 million USDC on July 25th. The return on investment (ROI) is remarkable, standing

A massive $2.31 billion worth of crypto assets is set to hit the market in the next 30 days

July 27, 2024 1 min read

Token Unlocks forecasts a substantial increase of $2.31 billion in cryptocurrency assets within the next 30 days. This surge is expected to come mostly from prominent projects such as Solana (SOL), Avalanche (AVAX), Wormhole (W), Worldcoin (WLD), and The Sandbox (SAND). Solana is presently adhering to a linear unlock schedule, wherein 74,860 SOL tokens, worth more than $13.3 million, are being introduced into the market daily. On December 26, 2023,

Shiba Inu team addresses the WazirX hack, where trillions of SHIB were stolen

July 19, 2024 1 min read

The Shiba Inu cryptocurrency, which is based on the concept of dogs, has been subjected to a substantial security breach at WazirX, a crypto exchange in India. The hackers illicitly acquired trillions of SHIB tokens, leading to significant financial damages. Lucie, the marketing director of Shiba Inu, sent her sympathies to those impacted by the cyber attack, which led to the theft of millions of dollars. The incidence of crypto

Are Shiba Inu (SHIB) developers ditching the project?

July 10, 2024 1 min read

Shiba Inu meme coin has been secretly led by its founder, Ryoshi, and current Lead Developer, Shytoshi Kusama. Kusama has hinted that he might step down, as part of future plans for the Shiba Inu community. The project is planning a tour to several locations, starting in Kyoto, Japan, called the “Treat Yourself” tour, which is linked to the upcoming TREAT token launch. The tour is part of broader efforts

Dogecoin (DOGE) and Shiba Inu (SHIB) recover by 11% and 16% in the last 24 hours

July 6, 2024 1 min read

Bitcoin (BTC) has experienced a substantial increase in value, reaching the $56,500 range, indicating a notable rebound in the worldwide cryptocurrency market. The upward trend in the market has had a beneficial effect on almost all crypto, resulting in significant gains across the whole spectrum. Dogecoin (DOGE) and Shiba Inu (SHIB) have had substantial recoveries following an extended period of decline. DOGE, which experienced a 23% decrease on July 5th,

Coinbase plans to list Shiba Inu for futures contracts

June 30, 2024 1 min read

Coinbase, the leading crypto exchange in the United States, has revealed its intention to include the Shiba Inu crypto for trading futures contracts. The exchange has submitted a formal document to the Commodity Futures Trading Commission (CFTC) in order to initiate trading in the near future. Despite the current volatility, this move underscores the increasing influence of Shiba Inu in the crypto market. Coinbase is poised to become the inaugural

Don’t Miss the Boat: 3 Cryptos Primed for 50x Gains in 2024

June 22, 2024 2 mins read

Table of Contents Overview:As investors search for the next big crypto winners, Pawfury (PAW) aligns itself with other high-potential coins like Ethereum, Near Protocol, and Injective, each anticipated to deliver significant returns in 2024. PawFury(PAW): The Next PEPE? SHIB? PawFury (PAW) captures the viral appeal of successful meme coins while backing it with solid utility, positioning it for a unique market presence. Ethereum (ETH):Ethereum continues to dominate as a platform

Ryoshi: The Visionary Behind Omikami and RyuJin and Emerging Memecoins in 2024

June 18, 2024 6 mins read

In the ever-expanding universe of cryptocurrency, few names command as much intrigue and reverence as Ryoshi. Known for his pioneering work in blockchain technology, Ryoshi, the enigmatic creator of decentralized community-driven projects, has emerged as the driving force behind Omikami and RyuJin. This is the story of how one visionary, disillusioned by past experiences, is revolutionizing the crypto world and creating a fascinating universe of possibilities. A Journey of Reinvention: