SHIB Surges: Can It Lead the Crypto Market Rebound?
SHIB is currently trading at $0.00001784, reflecting a 6.16% jump in the last day. Though the past month saw a 28.30% decline, SHIB managed a 1.74% increase over the past week. Market capitalization and trading volume also saw growth, reaching $10.48 billion and $334.44 million respectively. SHIB’s Burn Mechanism Fuels Investor Sentiment Shiba Inu’s burn […]
SHIB Burn Rate Soars 6,018%: A Sign of Potential Price Recovery?
Shiba Inu (SHIB) has inspired optimism among its community amid notable developments. The meme coin’s burn rate has skyrocketed by 6,018.22% today, according to the token burn tracking service Shibburn. Consequently, over 10.24 million SHIB tokens have been burned in the last 24 hours. Crypto Market Doldrums And Shiba Inu’s Response This update is crucial […]
SHIB’s Path Forward: Insights from Shytoshi Kusama
In response to the recent downturn in the cryptocurrency market, Lucie, the official social media expert of the SHIB team, took to the X platform to convey a crucial message from Shytoshi Kusama, the lead developer of Shiba Inu (SHIB). The market has witnessed a significant 8.13% decline in SHIB’s price over the past 24 […]
Shiba Inu: Positioning for Growth in a Volatile Market Environment
Various analysts view Shiba Inu as a promising investment during the current market downturn, with some predicting a $100 billion market cap. Recently, Blockchainedbb, a pseudonymous crypto analyst, described it as an easy-to-hold asset and recommended it for portfolio expansion. This perspective came in response to questions about SHIB’s potential amid the market correction. Blockchainedbb […]
Is SHIB Oversold and Ready to Rebound?
Shiba Inu (SHIB), the meme-coin chasing Dogecoin’s tail, finds itself at a crossroads. Recent price swings and technical signals hint at a potential turnaround. Read Also: Shiba Inu’s Imminent Rally: Analysts Project $0.0001 Milestone SHIB Dips Below Oversold Threshold SHIB’s price has been on a rollercoaster lately. The past 24 hours saw a 5.79% drop, […]
Shiba Inu’s Imminent Rally: Analysts Project $0.0001 Milestone
Market analysts believe Shiba Inu (SHIB) could surge toward the $0.0001 price region once its recovery gains momentum. Shiba Inu has been on a downward trend since May 29, after retesting the $0.000029 level in an attempt to reclaim $0.00003. The broader crypto market’s chaos, pushing Bitcoin (BTC) below $65,000, primarily triggered this downtrend. With […]
Shiba Eternity and More: Shiba Inu’s Gaming Future on Shibarium
The Shiba Inu team has revealed plans to create a groundbreaking gaming ecosystem on its Layer-2 scaling solution, Shibarium. Initially, they will launch closed beta testing for Shiba Eternity, their collectible card game (CCG), in Q3 2023. The mobile version of Shiba Eternity has been available since October 2022. However, the team is now developing […]
Shiba Inu Team Cautions Investors, Kusama Hits Milestone on X
Corporate investors in the cryptocurrency space are being urged to adopt a long-term perspective by the Shiba Inu team. Lucie, the project’s social media strategist, recently took to X (formerly Twitter) to criticize the pervasive “crypto casino” mentality that emphasizes short-term gains over sustainable growth. Stable Ecosystems Favored Over Speculative Frenzy Lucie emphasized the importance […]
SHIB on the Move: 2.2 Trillion Token Transfer Sparks Debate
The cryptocurrency community is abuzz after a whopping 2.2 trillion Shiba Inu (SHIB) tokens, valued at roughly $40 million, were transferred from Robinhood to an unknown wallet. This large-scale movement has ignited a storm of speculation, leaving investors and analysts scrambling to decipher the whale’s motives. Massive SHIB Shift: Security Move or Strategic Play? One […]
Shiba Inu Community Advocate for SHIB Burn on Major Exchanges
The Shiba Inu community is actively seeking feedback on burning SHIB tokens via major exchanges Binance and Coinbase. This initiative aims to reduce SHIB’s substantial circulating supply, potentially increasing the value of the remaining tokens. An enthusiast, ‘Shiba Arab Army,’ launched a poll on X on May 19 to gauge user support for this proposal. […]