SHIB

Shiba Inu Burned Over 2.3B SHIB Tokens In September

October 2, 2023 1 min read

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

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

September 29, 2023 1 min read

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

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

September 24, 2023 1 min read

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

Whales Move $115 Million in Shiba Inu (SHIB)

September 13, 2023 1 min read

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

Shibarium Reaches 1 Million Wallets in Rapid Expansion

September 4, 2023 1 min read

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

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

August 15, 2023 1 min read

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,

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

August 15, 2023 2 mins read

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

Shiba Inu Token Burn Rate Skyrockets Over 130%

August 7, 2023 1 min read

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

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

August 4, 2023 1 min read

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

12% of Top Ethereum Whales Now Hold Shiba Inu Token

July 28, 2023 2 mins read

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

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

July 13, 2023 1 min read

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,

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

July 12, 2023 1 min read

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