Browsing:SHIB

Shibarium Surges Past 1 Million Wallets in Growth Spurt, SHIB Yet to Follow Suit
9 months ago 1 min read

Shibarium Reaches 1 Million Wallets in Rapid Expansion

Shiba Inu’s layer-2 blockchain, the Shibarium network, has witnessed a remarkable feat by surpassing the 1 million wallet mark. This achievement, marked as a significant milestone, comes as a testament to Shibarium’s rapid growth since its relaunch. The official Shibarium team proudly announced this milestone in a blog post dated September 3. It’s worth noting that this achievement was reached shortly after Shibarium’s relaunch on August 28. In just two weeks since the network’s initial launch, it has managed to add at least 900,000 new wallets. However, it wasn’t without its share of initial technical challenges. Data from the Shibarium

Shiba Inu's Shibarium Layer 2
9 months ago 1 min read

Shiba Inu’s Shibarium Gains Bullish Momentum: Will This Send SHIB Price to the Moon?

The Shiba Inu community is abuzz with anticipation as Lucie, the Chief Marketing Strategist for Shiba Inu, takes to Twitter to unveil pivotal details about the imminent launch of Shibarium’s Layer 2 solution. This announcement has sent ripples of excitement through the Shiba Inu ecosystem, promising transformative enhancements that are set to reshape the blockchain experience for its users. Lucie’s Twitter thread on a Sunday morning served as a revelation, casting a spotlight on Shibarium’s Layer 2 and its game-changing attributes. This innovative solution is poised to redefine the Shiba Inu blockchain experience by introducing features like ultra-low transaction fees,

A staggering 478 billion Shiba Inu (SHIB) tokens are making waves on the network
9 months ago 2 mins read

Almost 500 Billion Shiba Inu (SHIB) Tokens Transfer to Coinbase Exchange

A staggering 478 billion Shiba Inu (SHIB) tokens are making waves on the network, poised to make a significant entry into the renowned crypto exchange, Coinbase. This intriguing saga unfolds with the emergence of an anonymous whale whose strategic maneuvers have captivated the crypto community’s attention. The enigmatic journey commences with an unidentified whale residing at the address 0x37826510484bAe7E797B910f62094F95c263Fc35. This shadowy figure shrouded in mystery, embarked on a meticulous journey to amass SHIB tokens in various quantities, ranging from modest batches to substantial hoards. The sheer scale of this accumulation ignited curiosity within crypto circles, setting the stage for what

Shiba Inu Token's 130%+ Spike in Burning Rate Commands Attention
9 months ago 1 min read

Shiba Inu Token Burn Rate Skyrockets Over 130%

Shiba Inu has witnessed a remarkable surge in its burn rate, surpassing a staggering 145%. The recent surge in burn activity has grabbed the attention of cryptocurrency enthusiasts and investors alike. This article delves into the recent developments surrounding Shiba Inu’s burn rate increase and its implications for the cryptocurrency’s value. Over the span of 24 hours, Shiburn, the designated burning mechanism for Shiba Inu, has executed a substantial burn of 92 million SHIB tokens. These tokens have been meticulously transferred to “inferno” wallets, effectively taking them out of circulation permanently. Of particular note is a substantial single transaction involving

Shiba Inu's Latest Feature May Shift Meme Exit Coin Perception
10 months ago 1 min read

Shiba Inu Unveils New Feature: A Potential Shift Away from Meme Exit Coin?

Shiba Inu, the popular meme coin that garnered attention following the footsteps of Dogecoin (DOGE), is making strategic moves to solidify its position in the ever-evolving cryptocurrency landscape. In a recent development, Shiba Inu announced plans to introduce digital identity services across its upcoming projects, including the highly anticipated Shibarium layer 2 blockchain. This innovative step aims to enhance trust, bolster user engagement, and propel Shiba Inu toward becoming a significant player in the world of decentralized finance (DeFi). A Shiba Inu developer highlighted the forthcoming integration of digital identity services into all future Shiba Inu ventures, setting the stage

Shiba Inu continues to hold a prominent position
10 months ago 2 mins read

12% of Top Ethereum Whales Now Hold Shiba Inu Token

Shiba Inu, the meme-inspired cryptocurrency, has consistently remained a favorite among the largest Ethereum whales, and recent data shows that this sentiment remains unchanged. In the portfolios of the top 100 Ethereum whales, Shiba Inu continues to hold a prominent position, demonstrating its appeal as an investment choice in the crypto world. While stablecoins dominate these investors’ holdings, Shiba Inu stands out as the leading non-stablecoin token, solidifying its position as a significant player in the market. The top 100 Ethereum whales represent some of the most significant players in the crypto space. These investors not only hold substantial amounts

Shiba Inu (SHIB) whale has made a move by transferring 4 trillion SHIB
10 months ago 1 min read

Shiba Inu Largest Whale Transfers 4 Trillion of SHIB Tokens Worth $29.8M to 8 Addresses

A colossal whale, believed to be the largest holder of Shiba Inu ($SHIB) tokens, has made a significant move by transferring 4 trillion SHIB, valued at $29.8 million, to eight newly-created addresses. This activity has captured the attention of crypto enthusiasts, as it marks the whale’s first substantial transaction in over 600 days. According to data from the on-chain analytics platform Lookonchain, the whale, who previously acquired 103.33 trillion SHIB, made a purchase using 38 Ethereum (ETH) worth around $14,000. Subsequently, the whale sold approximately 603 billion SHIB for about 2,411 ETH, valuing the transaction at $9.6 million. The profits

Akai Token transferred 804 million Shiba Inu tokens to a dead wallet
10 months ago 1 min read

Shiba Inu Burn Rate Soars 8,900% Due to Akai Token’s Destruction of 804 Million $SHIB

The burn rate of Shiba Inu ($SHIB), a meme-inspired cryptocurrency, has experienced a significant surge following a historic burning frenzy initiated by Akai Token ($AKAI). Akai Token’s recent move involved transferring 804 million tokens to a dead wallet, resulting in a remarkable 8,900% increase in the burn rate within a 24-hour period. Akai Token’s token burn event began with a relatively small transaction of just over 310,000 SHIB tokens. This was followed by an impressive sequence of over 100 individual transactions, resulting in the transfer of a staggering 800 million tokens. The Akai Token project incorporates a 4% levy on

Shibarium is proving its capacity to handle a substantial volume
11 months ago 1 min read

Shiba Inu’s Shibarium Puppynet Surpasses 25 Million Transactions, Gains Momentum in the SHIB Community

Shiba Inu’s Shibarium Puppynet, the beta version of the highly anticipated Shibarium platform, has captured the attention of the SHIB Army and the broader Shiba community. With impressive milestones achieved, including surpassing 25 million transactions, Shibarium is proving its capacity to handle a substantial volume of daily transactions and establish itself as a reliable blockchain platform. Puppynet’s achievement of over 25 million transactions is a remarkable milestone for Shibarium. The platform has demonstrated its capability to facilitate a high volume of transactions, averaging an impressive 273,805 transactions per day. This milestone highlights Shibarium’s scalability and efficiency in handling blockchain operations.

A massive 2.21 trillion SHIB tokens were involved in large transactions
11 months ago 1 min read

Whales Move 2.21 Trillion SHIB Tokens in Wallets

Shiba Inu (SHIB) has experienced a significant surge in its large transaction volume, reaching a seven-day high, according to data from IntoTheBlock. In the past 24 hours alone, a massive 2.21 trillion SHIB tokens were involved in large transactions, marking the highest volume seen in the last seven days. This metric, provided by IntoTheBlock, offers insights into the overall amount transacted by whales and institutional participants in a given day. Large transactions are classified as transfers involving more than $100,000. Over the past 24 hours, SHIB’s large transaction volume has surged by 43.72%. The impact of these substantial whale transactions

Shiba Inu is making strides in its global adoption efforts and the next destination on its journey appears to be Toronto, Canada.
11 months ago 2 mins read

Shibarium Launch Rumored in Unexpected Destination: Shiba Inu’s New Milestone

Shiba Inu, the popular meme-based cryptocurrency, is making significant strides in its global adoption efforts, and the next destination on its journey appears to be Toronto, Canada. Although not explicitly mentioned in Shytoshi Kusama’s recent message, a short video released by the Shiba Inu executive team hinted at exciting developments. In a tweet, Shytoshi wrote, “Wen is so last year. The real question is.. #WHERE?”. It seems that Shiba Inu’s community has been eagerly asking for an exact date for the launch of Shibarium, the highly-anticipated Layer-2 scaling solution. According to earlier statements from the team, Shibarium is scheduled for

the SHIB community has burned a total of 50,258,924 SHIB within the past 24 hours.
11 months ago 1 min read

SHIB Burn Rate Surges by 1,803% as Shibarium Achieves New Milestones

The SHIB burn rate has seen a significant surge in recent days, signaling positive developments for the popular meme coin. In addition, the price of SHIB has shown a slight increase overnight. According to data provided by the Shibburn explorer, the SHIB community has successfully burned a total of 50,258,924 SHIB within the past 24 hours. The combined value of these meme coins amounts to approximately $378. The burn transactions involved four transactions, with the two largest transactions totaling 27,502,303 SHIB and 12,034,353 SHIB, respectively. Over the past seven days, a total of 638,400,947 SHIB has been burned by the

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