Whale Movements Push Shiba Inu Burn Rate To Stunning 4,100% Rise

Renewed investor optimism and interest in Shiba Inu (SHIB) has emerged despite market volatility. This is due to a remarkable 4,100% surge in its burn rate within just 24 hours, resulting in the removal of nearly 21.7 million SHIB tokens from circulation. The cryptocurrency is once again capturing attention in the digital asset space as… Continue reading Whale Movements Push Shiba Inu Burn Rate To Stunning 4,100% Rise

Shiba Inu 260% Rally: Analyst Sees Classic Bullish Patterns Emerging

Shiba Inu (SHIB) is back in the news courtesy of projections of a 260% price increase, which is making people very excited. There are “textbook bull signals” on the charts, which means SHIB could reach $0.000081 in the next few months, according to an analyst. But what’s making people so hopeful? Whale Activity Sparks Fresh… Continue reading Shiba Inu 260% Rally: Analyst Sees Classic Bullish Patterns Emerging

Shiba Inu On Fire With Over 410 Trillion Tokens Destroyed Amid Burn Rate Growth

Shiba Inu (SHIB) is garnering attention once more due to a significant rise in its burn rate. Recent statistics indicate a 115% increase in the burn rate, with more than 16.1 million SHIB tokens incinerated in a single week. This increase is noteworthy since it diminishes the circulating supply of SHIB, potentially exerting upward pressure… Continue reading Shiba Inu On Fire With Over 410 Trillion Tokens Destroyed Amid Burn Rate Growth

Shiba Inu’s Shibarium Sees Daily Transactions Surge To 4.68 Million, Will This Push SHIB’s Price Toward $0.00008?

Shiba Inu’s ecosystem has been expanding rapidly in the past year, thanks in part to Shibarium, its layer-2 platform. Interestingly, recent data shows Shibarium has seen an impressive uptick in activity, with daily transactions reaching 4.68 million in the past 24 hours.  At the time of writing, SHIB is trading at $0.00001677 and is back… Continue reading Shiba Inu’s Shibarium Sees Daily Transactions Surge To 4.68 Million, Will This Push SHIB’s Price Toward $0.00008?

End Of The Road? Shiba Inu’s Shibarium Sees Massive 80.3% Crash In Active Accounts

The Shibarium network, an Ethereum Layer 2 network that was developed and launched by the Shiba Inu team, did well following its initial launch in August 2023. However, less than one year following its launch, the Layer 2 network has run into some hard times, losing market share to larger counterparts. This has led to… Continue reading End Of The Road? Shiba Inu’s Shibarium Sees Massive 80.3% Crash In Active Accounts

Shiba Inu Army On The Move: 35 Billion SHIB Invade Shibarium

The Shiba Inu community is experiencing a wave of mixed emotions. On the bright side, the long-awaited Shibarium, the project’s layer-2 blockchain, is gaining traction with a significant transfer of tokens and a surge in transaction volume. However, the price of SHIB itself remains stubbornly stagnant, leaving some “Shiba Millionaires” out in the cold. Shibarium… Continue reading Shiba Inu Army On The Move: 35 Billion SHIB Invade Shibarium

Shiba Inu Enters Accumulation Zone Amid 493% In Shibarium Transaction Fees

The current Shiba Inu price action might be leaving some investors wanting, particularly as the crypto has now extended its 30-day losses by over 30%. However, recent on-chain data and technical analysis indicate that the patience is about to pay off. To be more specific, the current price downturn has seen Shiba Inu entering the… Continue reading Shiba Inu Enters Accumulation Zone Amid 493% In Shibarium Transaction Fees

Shiba Inu’s Shibarium Sees Triple-Digit Surge Across Major Metrics, What’s Going On?

Key Shibarium metrics suggest the Shiba Inu ecosystem might be gearing up for a push to the upside. Notably, Shibarium’s transaction data has seen triple-digit percentage jumps in transactions and fees paid in BONE over the past week. This suggests Shiba Inu might be receiving increased attention from traders, a scenario that may result in… Continue reading Shiba Inu’s Shibarium Sees Triple-Digit Surge Across Major Metrics, What’s Going On?

Analyst Predicts Shiba Inu to Soar 50% Amidst Meme Coin Market Rise

Well-known cryptocurrency expert and enthusiast Dami Defi has offered his insights on the price action of Shiba Inu, predicting a surge in the crypto asset as the Meme coin market sees a fresh wave of demand. Given the optimism around meme coins lately, Dami Defi is confident that Shiba Inu could rise by over 50% shortly.… Continue reading Analyst Predicts Shiba Inu to Soar 50% Amidst Meme Coin Market Rise

Shiba Inu Team Fixes Shibarium Outage As SHIB Readies For Potential Surge

In a recent update, Shiba Inu developer Kaal Dhairya (@kaaldhairya), confirmed that a temporary outage affecting the Shibarium network has been resolved. The outage, triggered by networking issues among validators, briefly disrupted services within the Shiba Inu ecosystem, specifically the layer-2 blockchain solution, Shibarium. Kaal detailed the cause and the subsequent resolution of the problem,… Continue reading Shiba Inu Team Fixes Shibarium Outage As SHIB Readies For Potential Surge