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The lead developer of memecoin Shiba Inu (SHIB) says that web3-based operating systems are now needed after banks and other networks suffered a massive global outage last week.
John Cena, the world-renowned wrestler and American actor, has become an honorary member of the Shiba Inu cryptocurrency community, raising a wave of excitement among both his fans and SHIB investors. This unexpected development was revealed over the weekend when the Shiba Inu team responded to a post on social media by one of their Telegram group administrators, Xander Shib.
Shiba Inu team lead Shytoshi Kusama has criticized Crypto.com for promoting a fake TREAT token on its website. In a post warning users to beware, Shytoshi mentioned that TREAT, which would be the fourth coin in the Shiba Inu ecosystem, hasn't launched yet.
Some coins from the top 10 list keep rising, while others have returned to the red zone, according to CoinMarketCap.
According to IntoTheBlock data, Shiba Inu (SHIB) is seeing a surge in large holder net flows, a metric that determines the change in the position of crypto whales.
In the last week, WazirX experienced a major security breach involving exploiting transactions, which resulted in nearly a quarter billion dollars worth of cryptocurrency being stolen by anonymous hackers. The hack of India's largest crypto exchange triggered widespread concern in the community, as the compromised address has been actively exchanging various digital assets for Ethereum (ETH), creating significant sell pressure on the affected tokens.
‘Dogecoin Killer' Shiba Inu (CRYPTO: SHIB) has treaded water over the past week despite a wider market rally, raising curiosity if the meme coin remains bullish or bearish. What Happened: Shibburn data shows the burn rate spiking 545.3% in the past 24 hours, with a total of 10.3 million SHIB coins burned.
Check out which indicators part of Shiba Inu's ecosystem have tumbled today (July 22).
Although the Shiba Inu team initially aplauded the article as a great guide for beginners. ShibArmy Scam Alerts discovered an error.
On Sunday, the Bitcoin price saw a sudden crash that sent the likes of Dogecoin and Shiba Inu spiraling alongside it. This crash saw $2,000 wiped off the Bitcoin price in mere minutes, bringing it back down below $66,000.
The crypto market sentiments are flipping back to bullish after consolidating within a narrow range for a while. The memecoins remained inflated since the early trading days but some among them managed the bearish heat pretty strongly.
In a recent tweet, Shiba Inu lead Shytoshi Kusama issued a crucial alert to the Shiba Inu community. The tweet addressed recent misinformation about the upcoming TREAT token.
Shiba Inu's lead developer Shytoshi Kusama recently took to X, highlighting an exchange's blunder related to TREAT, a Shiba Inu ecosystem token. In a post shared by the lead dev on July 21, it was brought to attention that Crypto.com conveyed incorrect information about the token to users.
The Shibburn wallet tracker popular within the Shiba Inu community has reported that since Sunday morning, one of the key SHIB metrics – burn transactions – have demonstrated an impressive increase.
The price of Shiba Inu (SHIB) has recovered from its drop and rose above the moving average lines on July 13. The cryptocurrency is recovering after falling to a low of $0.00001273 on July 5.
Shiba Inu (SHIB) and XRP (XRP) have emerged as the standout performers, showcasing impressive gains over the past week. This spotlight on the top 10 cryptocurrencies between July 7 and July 17, 2024, highlights the dynamic shifts in the digital asset market, driven by notable events and market trends.
In response to a $230 million security breach, WazirX announces an $11.5M bounty program to recover Shiba Inu (SHIB) and other stolen assets. Following a significant security breach that resulted in a two hundred thirty million dollar loss, WazirX, the largest cryptocurrency exchange in India, has announced a bounty scheme, U.Today reports.
SHIB team issues a crucial alert about fake TREAT tokens, urging holders to protect themselves from scams. Shibarium Ecosystem Token Not Yet Released Lucie, a prominent figure in the Shiba Inu community and a marketing lead for SHIB, has issued a statement to all SHIB holders, cautioning them against con artists peddling counterfeit TREAT tokens.
Dogecoins price has surged to its highest monthly level, sparking a wave of trader activity. Shiba Inu and Floki follow suit with significant gains.
Shytoshi Kusama, the chief developer of Shiba Inu, shared an essential message with the SHIB community, emphasizing the importance of decentralized systems during a global cybersecurity crisis caused by CrowdStrikes software update problems. Kusama Addresses SHIB Community Amid Global Cybersecurity Concerns Shytoshi Kusama, the chief developer of Shiba Inu, has communicated an important message to the community of Shiba Inu users.
Shytoshi Kusama, the principal creator of Shiba Inu, firmly believes that the memecoin ecosystem can potentially address the CrowdStrike debacle. CrowdStrike Failure Ripples Through Many Companies On Thursday, the United States cybersecurity business issued an update that significantly impacted IT systems worldwide, causing disruptions to their operations, Coingape reported.
Shiba Inu has clearly lost some serious traction on the market with the inability to break through and gain a foothold above the $0.000017 threshold. At the current point in time, investors have little to no belief in SHIB's future, hence the confirmation of the death cross on exponential moving averages.
Amidst the latest crypto recovery, one analyst has stated that the total market capitalization has completed its short-term correction and will restart its bull run soon. Michael van de Poppe, the analyst in question, believes that the next long-term target for the crypto market capitalization is $4 trillion.
Crypto whale transaction tracker Whale Alerts recently revealed an interesting on-chain transaction involving popular meme coins Shiba Inu and Dogecoin alongside the well-known crypto exchange Robinhood. This transaction, which took place within the past 24 hours, involved the movement of 800 million DOGE and 2.7 trillion SHIB tokens, respectively, from the exchange into unknown wallets.
