Shiba Inu Transaction Volume Skyrockets: Are Whales Behind It?
Shiba Inu (SHIB) shocked the crypto market by registering a dramatic rise in its on-chain activity. According to data from IntoTheBlock, SHIB’s transaction volume soared from 1.8 trillion tokens, worth approximately $22.84 million, to an eye-popping 7.37 trillion SHIB. That spike translates to about $93.56 million in total value moved within 24 hours. Price Remains […]
Shiba Inu to $0.001? Here’s How High SHIB Must Climb to Turn $1K into $100K
Shiba Inu (SHIB) has faced pressure amid the recent market downturn, but long-term investors continue to see potential in its comeback. As market volatility shakes the broader crypto landscape, many investors are seizing the dip as an opportunity to buy SHIB at a discount. One question persists among holders and prospective buyers: How high must […]
Shiba Inu Struggles Below Support: Is a Breakout Still Possible?
Shiba Inu (SHIB) experienced increased price volatility over the past 24 hours, dropping below the $0.0000128 support level. Data from IntoTheBlock reveals a substantial sell wall has emerged, potentially driving the recent price decline. This sell wall ranges between $0.000012 and $0.000013, with the average sell price locked at $0.000013. At this level, approximately 35.27 […]
Shiba Inu Poised to Shed a Zero as Historical May Rally Sparks Bullish Momentum
Shiba Inu (SHIB), the popular meme-based cryptocurrency, is once again capturing the market’s attention with a potential breakout on the horizon. After gaining 8.92% over the past 30 days, SHIB trades within a key consolidation range that may act as a launchpad for another zero to be wiped from its price, if bullish signals persist. […]
SHIB Burn Rate Skyrockets 300% as 327 Million Tokens Destroyed
The Shiba Inu (SHIB) community has successfully burned over 327 million SHIB tokens this week, marking a significant 300% increase in the burn rate, according to blockchain tracker Shibburn. This aggressive token burn reflects the ongoing commitment by the SHIB army and developers to reduce the overall supply of the meme coin. Whale Burn Drives […]
Shiba Inu Sees Major Whale Exit After April Price Surge
A large Shiba Inu (SHIB) holder, often referred to as a “whale,” has transferred a staggering 198.17 billion tokens—worth approximately $2.71 million—back to Coinbase. The transaction took place just 16 hours ago and involved a single transfer to a known Coinbase hot wallet. This movement strongly suggests that the whale either sold the tokens or […]
Shiba Inu Price Could Soar Over 240% If SHIB ETF Captures Just 5% of Bitcoin ETF Inflows
Shiba Inu (SHIB) could be on the verge of a historic rally if a spot SHIB ETF gets approved and captures even a modest share of Bitcoin ETF inflows, according to a recent analysis. With the success of Bitcoin spot ETFs setting new records, the Shiba Inu community is increasingly calling for its investment vehicle, […]
Shiba Inu Market Shaken as Hackers Dump Massive Holdings
Blockchain security firm PeckShield has reported that addresses linked to the Bitrue exploiters recently exchanged approximately 150 billion Shiba Inu (SHIB) tokens and 756 million Holochain (HOT) tokens for around 1,500 Ethereum (ETH). Following the swap, hackers swiftly transferred about 1,050 ETH to TornadoCash, a crypto mixer known for concealing transaction histories. At present, the […]
Shiba Inu Burn Activity Spikes: Is a Price Rally Coming?
The Shiba Inu community witnessed a significant development after a massive 16,682,282 SHIB tokens were sent to a dead wallet and permanently burned. Shibburn, the dedicated SHIB burn tracker, confirmed the burn in a recent tweet: “16,682,282 SHIB transferred to dead wallet.” Although the identity of the sender remains unconfirmed, past burns typically originate from […]
Shiba Inu Lead Hints at Comeback as Team Sparks Speculation
Shiba Inu’s lead developer, Shytoshi Kusama, has finally reappeared after nearly three weeks of silence. He reconnected with the community via a message on his Telegram channel, known as “Shytoshi Portal.” In the message, Kusama stated, “Next week, let’s go back to it, can we?” Lucie, Shiba Inu’s marketing specialist, shared a screenshot of Kusama’s […]