Shiba Inu

Shiba Inu’s Shibarium Layer-2 network facilitates over 310 million transactions

February 1, 2024 1 min read

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

Shiba Inu Rises to #15 Spot with 13.6% Gains, Fueled by Nearly 377 million SHIB Tokens Burned

June 23, 2023 1 min read

The popular memecoin Shiba Inu has reclaimed its position as the 15th largest cryptocurrency by market capitalization. With a notable surge of 13.6% in the past 24 hours, the bullish momentum of the canine coin can be attributed to the growing rate of Shiba Inu (SHIB) token burns. The SHIB Army community has successfully burned approximately 341 million SHIB tokens in just five transactions within a single day. This impressive

Shiba Inu (SHIB) and Bitcoin (BTC) Top the List of Most Traded Assets on CoinSwitch

April 22, 2023 1 min read

Shiba Inu (SHIB) has emerged as the most traded asset on CoinSwitch, India’s leading crypto exchange, according to recent reports. The surge in trading volume for SHIB on the platform coincided with the week spanning April 15 to April 20, during which it surpassed Bitcoin (BTC) as the most traded coin. Shiba Inu’s growing popularity is evident on other Indian crypto exchanges, including WazirX, where it was the most traded

Shiba Inu’s Shibarium Shows Strong Growth as SHIB Hits New Milestones

April 12, 2023 1 min read

Shiba Inu and its layer-2 technology platform, Shibarium, are both seeing significant growth, with Puppynet, the beta testnet, exhibiting an incredibly rapid expansion. Within the first week of its relaunch on March 24, Puppynet had already recorded over 100,000 wallet addresses, and this growth has continued to soar. As of April 11, Shibarium has broken the 2.5 million transaction mark, with 373,696 wallet addresses already created, and an average block

What is Shiba Inu Crypto?

January 9, 2023 1 min read

Shiba Inu is a cryptocurrency that was created in August 2020 as a decentralized alternative to the popular cryptocurrency Dogecoin. It is based on the Ethereum blockchain and uses the ERC-20 token standard. The name “Shiba Inu” comes from a breed of Japanese dog and was chosen because the developers of the cryptocurrency wanted to create a fun and lighthearted alternative to other cryptocurrencies. The Shiba Inu logo is a

The World Economic Forum invites Shiba Inu to participate in metaverse discussions

November 24, 2022 1 min read

Shiba Inu is invited to participate in discussions about the metaverse by the World Economic Forum. The Shiba Inu community had been eagerly anticipating Shibarium, the platform’s metaverse initiative. Despite receiving Shiba Eternity, they were forced to wait for what seemed like an eternity before they could begin their metaverse project. But Shiba Inu’s involvement in another metaverse project was just made known to the community. Lead developer Shytoshi Kusama

Will Shiba Inu (SHIB) Hit $0.00002 Before the end of 2022?

November 14, 2022 6 mins read

Shiba Inu (SHIB) is currently trading at $0.00000922 with a 24-hour trading volume of $327,077,480, according to CoinMarketCap. SHIB, on the other hand, has dropped by nearly 0.2% in the last 24 hours. Furthermore, there are 589,372,293,271,537 Shiba Inu (SHIB) in circulation. Shiba Inu (SHIB) is currently traded on some of the largest crypto exchanges including Binance, Coinbase Exchange, KuCoin, OKX, MEXC, and Gate.io. What is Shiba Inu (SHIB)? Shiba

2 whales moved over 1 billion DOGE after Elon Musk purchased Twitter

October 6, 2022 1 min read

DOGE whale has moved nearly one billion Dogecoin and two trillion Shiba Inu over the last two days. A staggering amount of DOGE was sent on the blockchain, according to Whale Alert, a service that tracks massive transfers of crypto on different chains. The two whale transactions totaled nearly one billion DOGE in just two days. This is the larger amount of DOGE was transferred the previous day. Around 386,000,000