Shiba Inu (SHIB) Blasts Through a Masive On-Chain Milestone: Details
Shibarium keeps breaking records six months after its official launch.
Keep up with what's happening in the crypto world in real-time.
Shibarium keeps breaking records six months after its official launch.
Recent data from blockchain tracking platform Shibburn reveals that Shiba Inu (SHIB), a popular dog-themed meme coin, has burnt about 146 million tokens in its quest to retain its position in the top 10 cryptocurrencies by market capitalization.
SOL is also on the rise, having surged to just over $140.
The Shiba Inu development team, in collaboration with D3 Global, has announced the launch of “SHIB Names,” a domain name service designed for the Shiba Inu community. This launch marks a pivotal moment for the SHIB ecosystem, offering users a unique opportunity to secure their own Shiba Inu-themed domain names.
Shiba Inu, the self-proclaimed “Dogecoin Killer”, continues to gain attention from crypto enthusiasts as BitMEX co-founder Arthur Hayes joins the chorus of praise for the launch of SHIB Names. Despite a recent cooling in SHIB's rally, excitement lingers, fueled by the introduction of this long-awaited development within the Shiba Inu ecosystem.
Shiba Inu is showcasing worrying signs on the price charts as it appears to brace for a potential breakdown. After experiencing a staggering loss of over 30% of its value on the SHIB/USDT chart, the meme cryptocurrency is edging closer to what some investors fear could be the start of a prolonged correction phase.
Cryptocurrency enthusiasts who invested early in a new meme coin named after a humorous misspelling of U.S. President Joe Biden's name – “Jeo Boden” – saw substantial gains this Wednesday, with returns surpassing 100 times their initial investment. What Happened: This has sparked a wave of similar meme tokens named after various political and public figures with intentional misspellings.
As the crypto world buzzes with speculation, let's unravel the mysteries surrounding this significant event, delve into Shiba Inu's recent performance, and explore the broader implications for inspired cryptocurrencies. In a whirlwind of activity within the cryptocurrency market.
Shiba Inu's lead developer highlights the official launch of the .shib name service, drawing attention. This launch, along with the upcoming KNINE launch, has intrigued participants in the crypto market.
A cryptocurrency trader who bet 1.51 Ethereum ($ETH) on the meme-inspired cryptocurrency Shiba Inu ($SHIB) back in 2021 has, after hodling onto their funds, recently moved them to Nasdaq-listed cryptocurrency exchange Coinbase to secure a gain of 600,000&. According to data from on-chain analysis service Lookonchain the trader, who bet $2.
Shiba Inu, one of the most popular meme coins trading within the cryptocurrency realm, recently echoed a sense of frenzy throughout the broader crypto market on Thursday, March 7, as the meme coin's lead developer spotlighted the much-awaited launch of the Shib name service. Coming as a result of Shiba Inu's partnership with D3 Inc.,
Shiba Inu has experienced a significant rise over the last month, from below $0.00001 to above $0.00004, only 50% behind its all-time high price. This has boosted bullish sentiment among SHIB investors as crypto analysts continue to demand higher prices, one of which was co-signed by Shiba Inu's main developer, Shytoshi Kusama.
Shiba Inu has undergone a dramatic 40% drop, leaving us with many questions.
Shiba Inu saw a massive rally over the past month, going from below $0.00001 to above $0.00004, just 50% below its all-time high price. This has strengthened bullish resolve among investors in SHIB as crypto analysts continue to call for higher prices, one of which has been co-signed by Shiba Inu lead developer Shytoshi Kusama.
"Dogecoin killer" Shiba Inu (CRYPTO: SHIB) is up 1.7% in past 24 hours, maintaining its top 10 spot by market capitalization. What Happened: Shytoshi Kusama, Shiba Inu's lead developer, tweeted about major releases coming soon.
AMBCrypto's analysis reveals that the frog-themed project is one to keep tabs on this cycle.
Pseudonymous Shiba Inu lead developer, Shytoshi Kusama has reignited the rivalry between Shiba Inu and Dogecoin by making a controversial statement underscoring SHIB's dominance over DOGE.
The Bitcoin (CRYPTO: BTC) year-to-date surge of almost 60% captured most attention, but it paled in comparison to the massive gains of memecoins like Shiba Inu (CRYPTO: SHIB), Dogecoin (CRYPTO: DOGE), Dogwifhat (CRYPTO: WIF) and Bonk (CRYPTO: BONK). Benzinga took a look at what factors were driving this resurgence in memecoin prices and how established memecoins have a leg up on their new rivals.
In a whirlwind of crypto market excitement, a mysterious entity has shaken the digital currency realm by transferring a staggering 1.25 trillion tokens of the meme-inspired cryptocurrency Shiba Inu ($SHIB). This monumental move comes as the value of $SHIB skyrockets by over 300% in just a week, marking Shiba Inu as a standout performer amidst the volatile landscape of digital assets.
The sharp recovery in Bitcoin and Ether shows that the bulls remain in control, and every dip is being viewed as a buying opportunity.
Myro (CRYPTO: MYRO), Solana's latest Dogcoin star, recorded a 248.5% weekly gain, amid multiple exchange listings. What Happened: The official handle of Myro announced that it will be listed on cryptocurrency exchange HTX Global for Perpetual Futures trading with up to 20x leverage.
Some X users suggested that the upcoming development could be related to Shibarium or Shiba Inu's burning mechanism.
Meme coins have dominated crypto headlines, as Dogwifhat has recorded a nearly 50% price increase in the last day following the Binance listing.
SHIB's recent price movement has been nothing but explosive. As of late, Shiba Inu has established itself as a leading performer in the cryptocurrency market, performing as high as 300% in a seven day timeframe.
