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Tearing down bearish barriers: Shibarium hits 7M transfers as cryptocurrency traders assess the odds of SHIB erasing a zero.

These useless cryptos to sell need to be out of your portfolio. They are all on the sell list for December because they lack basic utility.

Shibarium has crossed a new milestone in the space of a few days. The layer-2 solution built for Shiba Inu's ecosystem just saw transactions spike an astounding 4,400%, registering 748,230 transactions in the past 24 hours.

Shibariumcan explorer shows that today, Shibarium Layer-2 network's transaction count soared, adding a staggering number of transactions as it hit a new all-time high.

Dog-themed crypto currency Shiba Inu (SHIB) is on course for its first golden cross since February, a sign of growing bullish momentum in which the daily simple moving average (SMA) 50 surpasses the daily SMA 200.

A significant milestone is on the horizon for Dogecoin, the cryptocurrency that started in 2013. The DOGE-1 moon mission, funded by Dogecoin, has recently gained approval from the National Telecommunications and Information Administration (NTIA).

In a notable development for the Shiba Inu (SHIB) community, the popular Shibburn tracking site revealed that an impressive 1,368,684,064 SHIB tokens were burned during the month of November, encompassing 273 transactions. Despite this substantial burn, the monthly rate witnessed a 6.33% decline.

This substantial withdrawal by a notable entity encompasses a diverse portfolio, including approximately 2,380 BTC (valued at $90.64 million), 172,000 BNB ($39.19 million), 16,300 ETH ($33.61 million), 200,000 SOL ($12.2 million), and an astonishing 530 billion SHIB ($4.4 million), among other assets. The scale and variety of this withdrawal have sparked attention and raised questions within the cryptocurrency community.

Shiba Inu Price Prediction: The ongoing correction in the second-largest meme cryptocurrency Shiba Inu coin can be followed using two parallel walking trendlines. Over the past three weeks, this coin's value has declined from $0.00000964 to its present level of $0.00000834, translating to a 13.5% decrease.

In just three days, a single entity has pulled approximately $187 million worth of assets from Binance. This whale's haul included a diverse portfolio: approximately 2,380 BTC ($90.64 million), 172,000 BNB ($39.19 million), 16,300 ETH ($33.61 million), 200,000 SOL ($12.2 million) and a staggering 530 billion SHIB ($4.4 million), among others.

The cryptocurrency industry is still recovering from steep losses in 2022, but some tokens are doing worse than others.

The Shiba Inu (SHIB) price has traded inside a corrective pattern since a rejection on Nov. 11.

Surprisingly, unknown whales have managed to move 300 billion Shiba Inu tokens from Binance in one big swoop. The reason for such a significant transfer is questionable given the sheer size of this token migration.

Floki's (CRYPTO: FLOKI) offspring TokenFi (CRYPTO: TOKEN) climbed 10% in the past 24 hours, outperforming popular meme tokens Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB), which have seen more modest increases of 3.17% and 1.25% respectively. What Happened: At the time of reporting, TOKEN was trading at $0.029.

Bitcoin (BTC) has commenced December with a surge, catapulting above the $38,000 mark and signalling promising year-end highs above $40,000. The cryptocurrency's recent ascent reflects a resurgence to levels last observed in May 2022, marking a notable shift in market dynamics following a prolonged downturn since its peak in October 2021.

Shibarium, the Ethereum-based Layer-2 network, has registered its first major transaction burst as an L2 ready to compete with its peers. As reported earlier, Shibarium crossed the historic five million transaction milestone after recording an unprecedented jump in total daily transactions.

Shibarium, the layer-2 scaling solution for the Shiba Inu cryptocurrency, has reached a new milestone with over 5 million transactions processed.

Negative sentiment around Shiba Inu was high, and market indicators looked bearish. Nonetheless, Shibarium's adoption was on the rise as its metrics increased.

Shiba Inu, the self-proclaimed “Dogecoin killer,” had taken the cryptocurrency world by storm in the last bull run, captivating investors with its meme-centric approach and impressive price trajectory. However, given the recent market action, many are left wondering what the future holds for the canine-themed coin.

Shibarium, the Shiba Inu layer-2 solution, recently reached a new milestone in the past few days, crossing the 4 million total transaction threshold. The launch of Shibarium, Shiba Inu's layer-2 solution, has been a huge catalyst for the meme coin.

The Shiba Inu community, known as the SHIB army, might need to pay greater attention at this time as bad actors continue to target Shiba Inu holders.

In a staggering turn of events within the crypto sphere, Shiba Inu (SHIB), the enigmatic digital asset, has defied odds by overcoming a formidable 728-day downtrend. This breakthrough comes as a beacon of hope for the cryptocurrency's enthusiasts and marks a potential shift in the market sentiment.

The cryptocurrency market is currently in a state of flux, with prices having retreated from recent peaks. However, the overall sentiment remains bullish, with analysts optimistic about the market's momentum and fundamentals. Bitcoin, for instance, has seen a significant rally, increasing over 30% since early October, while Ethereum has also shown impressive growth.

In a surprising turn of events, South Korea's leading cryptocurrency exchange, Upbit, witnessed an influx of Shiba Inu (SHIB) tokens today, totaling a staggering 84 billion SHIB, valued at over $700,000.