Browsing:SHIB

The burn rate of Shiba Inu ($SHIB) meme coin has experienced a remarkable surge of 14380% within a 24-hour period.
6 months ago 1 min read

The burn rate of Shiba Inu (SHIB) surges by 14,380% in the last 24 hours

The burn rate of Shiba Inu (SHIB) has experienced a remarkable surge of 14,380% within a 24-hour period. This surge followed an ambitious strategy announcement for 2024 and 2025 by the project’s marketing team. In a tweet shared on X (formerly known as Twitter), Lucie, the leader of the project’s marketing team with over 100,000 followers, revealed exciting plans for the future. A key highlight of this plan is Shibarium, the project’s layer-2 scaling solution. It aims to decentralize decision-making across the community, giving all token holders a voice in the protocol’s governance. The goal is to prevent a small

A staggering 4.4 trillion SHIB tokens were recently transferred from Bitvavo to a wallet held by an anonymous user.
6 months ago 1 min read

Over 4.3 Trillion Shiba Inu (SHIB) Moved By Whales

Whale Alert has once again unearthed a jaw-dropping SHIB transaction from Bitvavo, a cryptocurrency exchange. Around 4.4 trillion SHIB tokens were recently transferred from Bitvavo to a wallet held by an anonymous user. The total sum moved by this enigmatic whale amounted to a mind-boggling 4,454,530,677,374 SHIB tokens, with a jaw-dropping value of $34,314,122. Notably, another sizable transaction involving over 3.4 trillion SHIB tokens from a Bitvavo wallet was detected earlier this week by Whale Alert. However, this transaction was identified as an internal one, meaning it likely involved Bitvavo’s own operations. Interestingly, SHIB on-chain flows have surged by an

Are memecoins winning right now?
6 months ago 2 mins read

Are meme coins winning right now?

Memecoins are showing some interesting movements in the crypto market, and one particular memecoin, Floki Inu (FLOKI), has been taking the lead. When the recent crypto market rally began, FLOKI initially remained stagnant, much like other meme coins. However, things took a different turn recently. On Thursday, FLOKI broke out of its trading range and embarked on a significant green rally. In the past week alone, the meme coin’s price surged by over 116%. In the last 24 hours, FLOKI’s price increased by 24.7%, making it the top gainer in the crypto market during that period. This impressive performance puts

Shiba Inu's marketing lead, Lucie, has cleared up some confusion regarding Shibarium and the burning of SHIB commemoratives.
6 months ago 1 min read

Shiba Inu’s marketing lead clears up some confusion surrounding Shibarium and the burning of SHIB tokens

Shiba Inu’s marketing lead, Lucie, has cleared up some confusion regarding Shibarium and the burning of SHIB commemoratives. When you transfer your SHIB commemoratives from the Ethereum network( L1) to Shibarium( L2), the original SHIB commemoratives are locked in the ground contract. At the same time, a new interpretation of the commemorative is created on Shibarium. So, the original commemoratives are not destroyed or taken out of rotation. They are just locked down. Then comes the important part: when you decide to burn your SHIB commemoratives on Shibarium, you are actually burning this new interpretation, while the original commemoratives stay locked in the ground contract. In simple terms, it’s like getting rid of a dupe, not the original. Lucie also gave some guidance to inventors and the community. However, you should first move your SHIB back to the Ethereum network and also shoot it to the” dead portmanteau, if you are part of

A technical indicator for Shiba Inu (SHIB) has recently triggered a buy signal, as pointed out by crypto analyst Ali Charts on X, formerly Twitter.
6 months ago 1 min read

One of Shiba Inu’s (SHIB) key technical indicators shows a buy signal: will SHIB rally?

A technical indicator for Shiba Inu (SHIB) has recently triggered a buy signal, as pointed out by crypto analyst Ali Charts on X, formerly Twitter. Ali Charts conducted an analysis of SHIB’s TD Sequential indicator on a weekly chart. This particular indicator is used to gauge the timing of potential trend reversals and exhaustion. The TD Sequential indicator functions by tracking an asset’s price action over a sequence of nine candlesticks. When it reaches 9 during a downtrend, a buy signal is generated. Conversely, if it reaches 9 during an uptrend, it signals a potential sell-off. According to Ali, SHIB’s

Can Shiba Inu (SHIB) really reach $0.50 in the future?
7 months ago 1 min read

Can Shiba Inu (SHIB) reach $0.50 soon?

Can Shiba Inu (SHIB) really reach $0.50 in the future? It’s a question many are asking, given the popularity of this meme-inspired crypto and the ongoing efforts of its development team to expand its ecosystem. While the dream of SHIB reaching a value of one cent is already on the table, some are setting their sights even higher, betting on the possibility of Shiba Inu hitting the $0.50 mark. Within the Shiba Inu community, there’s a bold ambition emerging: a target of 50 cents per SHIB token. This ambitious vision is based on an optimistic outlook presented by Telegaon, a

Shiba Inu (SHIB) memecoin whales have made a surprising move that resulted in a remarkable 400% turnaround.
7 months ago 1 min read

Shiba Inu (SHIB) whales make a surprising move that resulted in a 400% turnaround

Shiba Inu (SHIB) whales have made a surprising move that resulted in a remarkable 400% turnaround. Recent data has shown that Shiba Inu’s largest holders, the top 100 holders, to be precise, have made an astonishing 400% turnaround in their holdings. They’ve increased their stakes in SHIB by a significant margin, defying expectations. The top 100 Shiba Inu holders now collectively own about 80% more SHIB tokens than they did a few weeks ago. This surge in holdings demonstrates a strong and renewed interest in Shiba Inu among its biggest supporters. As a result of this surprising move, the market

The Shiba Inu (SHIB)
7 months ago 2 mins read

Shiba Inu (SHIB) Token Burn Rate Surges 100% After Shytoshi Kusama’s Positive Remarks

The Shiba Inu (SHIB) successfully burned a significant number of tokens in the past 24 hours. This burning spree involved moving SHIB tokens to inaccessible wallets, effectively reducing the circulating supply. The sudden surge in burning activity followed a bullish statement from Shytoshi Kusama, the lead developer of SHIB, which breathed new life into the token. Earlier in the week, the SHIB token faced a negative burn rate, indicating a lack of burning activity. However, after Shytoshi Kusama’s positive remarks about the token’s price, the burn rate skyrocketed by more than 100%. According to data recently shared by Shibburn, a

Over 2.3 billion Shiba Inu (SHIB) tokens burned in September
7 months ago 1 min read

Shiba Inu Burned Over 2.3B SHIB Tokens In September

Shibburn data revealed a significant reduction in the circulation of Shiba Inu tokens during September. Over 2.3 billion SHIB tokens, equivalent to $17,173, were permanently removed from circulation last month. While this figure is lower than in August, when 5.7 billion SHIB tokens (worth $45,899) were burned, it still signifies a notable reduction. Over the past 24 hours, SHIB has experienced a 3% price increase, accompanied by a surge in trading volume, reaching $99 million. However, throughout September, SHIB displayed relatively modest trading activity, with less than 7% movement, ultimately closing the month at a value of $0.0000075. What’s particularly

SHIB Burn Rate Goes Up by 940% Thanks to Increased Shibarium Transactions
7 months ago 1 min read

Shiba Inu (SHIB) Burn Rate Surges 940% Amidst Soaring Shibarium Transactions

The burn rate of Shiba Inu ($SHIB), the cryptocurrency inspired by the Shiba Inu dog meme, has experienced a remarkable surge of more than 940% in the past 24 hours. This surge signifies that a staggering 164 million SHIB tokens have been sent to inactive wallets, effectively reducing the total circulating supply. According to data from Shibburn, a platform that tracks token burns, these burns occurred through a total of 50 transactions. One particularly significant transaction contributed to the burning of 100 million SHIB tokens, significantly boosting the burn rate. This surge in burn rate coincides with the growing activity

The Layer-2 network known as Shibarium has achieved a remarkable feat
7 months ago 1 min read

Shibarium Achieves Impressive Milestone: Is a Shiba Inu (SHIB) Price Surge on the Horizon?

The Layer-2 network known as Shibarium has achieved a remarkable feat, processing over three million transactions in less than a month. The Shiba Inu team has hinted at upcoming developments that are taking place “behind closed doors.” These developments are expected to further demonstrate Shibarium’s strength and stability in the near future. Shibarium’s Rapid User Adoption Following some initial launch challenges, the network has shown significant improvements in various key metrics. In the first week after the relaunch, the protocol saw engagement from over one million wallets, and this number has now grown to 1.25 million, as per the latest

The Shiba Inu (SHIB) network has been buzzing with activity as $115 million worth of SHIB has been shuffled around by large holders
8 months ago 1 min read

Whales Move $115 Million in Shiba Inu (SHIB)

The Shiba Inu (SHIB) network has been buzzing with activity, as a $115 million worth of SHIB has been shuffled around by large holders. This surge in whale transactions, amounting to a 5x increase, has caught the attention of the crypto community. However, what’s perplexing is that this significant whale activity has not translated into a corresponding surge in SHIB’s price. As of the latest data, SHIB is trading at $0.00000723, showing a consistent downward trend. The key question here is: What is causing this noticeable disconnect between whale activity and price movement? Let’s delve into some possible explanations. One

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