SHIB burn rate pops 350% in 24 hours
Shiba Inu's burn rate, a mechanism designed to reduce the amount of SHIB tokens in circulation, has experienced an extraordinary surge.
Keep up with what's happening in the crypto world in real-time.
Shiba Inu's burn rate, a mechanism designed to reduce the amount of SHIB tokens in circulation, has experienced an extraordinary surge.
Kaal Dhairya, the lead developer for Shiba Inu, clarified the development team's stance on the highly anticipated renunciation of BONE contracts. Significantly, this move comes after increasing public pressure on the Shiba Inu team to abandon the contract for the BONE token to facilitate its listing on major platforms like Binance.
In the fast-paced world of cryptocurrencies, Shibarium, the Layer-2 blockchain, is making headlines thanks to the unwavering support of the SHIB community. Recent data from Shibariumscan reveals a remarkable surge in key on-chain metrics, showcasing the project's ongoing expansion.
Shiba Inu-Bitcoin correlation in the last 30 days has fallen to a new low as Shiba Inu charts its course independent of the leading cryptocurrency's movements.
Toncoin was undoubtedly one of the biggest moves in the top 100, as the token rose by as much as 14% on Saturday. The rise comes as markets continue to react to the news of a recent partnership with Telegram. Shiba inu was also higher, hitting a one-week high.
The Layer-2 blockchain Shibarium continues to expand thanks to the SHIB community and sees its key on-chain metrics rising to higher levels.
SHIB's burn rate went through the roof during the past 24 hours. Could this be the reason?
The Shiba Inu development team is making a big move on BONE. As reported, Shiba Inu lead Shytoshi Kusama established new target points for the ecosystem, which include renouncing the BONE contract and the burn portal.
In the world of cryptocurrencies, Shiba Inu's Shibarium is making waves, achieving significant milestones in its journey towards becoming a robust Layer-2 blockchain. As of now, Shibarium boasts an impressive 2,710,831 transactions, edging closer to the coveted 3 million mark, and it's accomplishing this at a remarkable rate of nearly 200,000 transactions per day.
Check out the most trending news in the past 48 hours.
As Shibarium keeps expanding and reaching new records, Shiba Inu enthusiasts keep setting millions of SHIB on fire by moving them to addresses from which these tokens can never be extracted.
In a cryptocurrency market characterized by turbulence and uncertainty, a new player has emerged, aiming to redefine the landscape of meme cryptocurrencies. Shiba Memu (SHMU) is making waves with its innovative approach, AI-powered marketing, and the promise of substantial returns for early investors.
In a recent analysis from Cheeky Crypto's renowned technical analyst JB, the focus was on five altcoins primed for potentially lucrative moves or declines in the short term.
In a significant move set to revolutionize the cryptocurrency landscape, Shiba Inu's partnership with Tangem wallet has unveiled a utility update aimed at streamlining the management of digital assets. While this update may not be monumental in scale, its implications for the convenience of cryptocurrency wallet users are far-reaching.
Shiba Inu witnessed an incredible surge in value from 2020 to October 2021, turning it into a lucrative investment opportunity.
In a recent development that has sent ripples through the cryptocurrency world, Shibarium, the innovative Layer-2 scaling solution for the popular Shiba Inu (SHIB) meme coin ecosystem, has achieved a remarkable milestone. The focus of this achievement is Bone ShibaSwap (BONE), the native token of the Shibarium protocol.
In a remarkable tale of financial adventure, Shiba Inu, a once-obscure cryptocurrency, has taken investors on a wild rollercoaster ride, turning a $1,000 investment into an astounding $14.7 million. Buckle up as we delve into this extraordinary journey that has captured the imagination of investors worldwide.
In a world filled with buzz about cryptocurrency and artificial intelligence, one project stands out as a symbol of innovation and potential. Shiba Memu, a meme coin protocol, is making waves as it marries the worlds of crypto and AI, offering a unique investment opportunity in 2023.
Shiba Inu's Shibarium roared to a transaction high but now faces questions. SHIB's burn rate dips, active addresses decline, yet an RSI uptrend suggests hope in the market.
Shiba Inu has been constantly garnering favor among crypto investors since its first price surge back in 2021. Even with the price drop over the last year, the meme coin still features as an investor favorite, surpassing the likes of Cardano and Dogecoin in countries with a large crypto investor presence.
The local rise has not lasted long, according to CoinStats.
n a groundbreaking development, Shibarium, the Ethereum layer-2 network of the Shiba Inu ecosystem, has reached unprecedented milestones, leaving crypto enthusiasts in awe. With over 2.5 million transactions and a staggering $27 million staked in Bone tokens, Shibarium has firmly established itself as a force to be reckoned with in the cryptocurrency landscape.
This week, the crypto world refocused on the impacts of several major events that will soon unfold. Beleaguered crypto exchange FTX was allowed to liquidate an estimated $3.4 billion in cryptocurrencies, while a new report from K33 Research argued the market is underestimating the positive impact a Bitcoin spot exchange-traded fund (ETF) approval could have.
As we are headed to Q3's end, let's have a look at what will influence the price of SHIB heading into Q4.
