Here's why Shiba Inu price is soaring
Shiba Inu made a strong comeback on Sept. 26, soaring to its highest level since July 27, as Shibarium's fees surged.
Keep up with what's happening in the crypto world in real-time.
Shiba Inu made a strong comeback on Sept. 26, soaring to its highest level since July 27, as Shibarium's fees surged.
Shiba Inu (SHIB) is displaying promising indicators that suggest it could soon become a profitable asset for many investors. Recent on-chain data reveals that approximately 49% of SHIB holders are currently experiencing profits, with the cryptocurrency trading around $0.00001499.
Bullish momentum is set to push SHIB into eagerly awaited territories.
After being trapped in a horizontal consolidation between $0.000015 and $0.000012 since early August, Shiba Inu (SHIB), the second-largest meme coin by market cap, broke out of the liquidity zone.
Shiba Inu (SHIB) ecosystem explosive growth: 2,190% jump in Shibarium fees and a 203% surge in trading volumes. Why this renewed interest in SHIB?
Shiba Inu's Shibarium blockchain sees remarkable growth and community backing, positioning it for continued expansion in the decentralized finance space.
Shiba Inu (SHIB), a popular meme-based altcoin, has experienced a very notable price surge in the last 24 hours. The asset is in the middle of a rally that has driven prices up by 14.40% at press time.
TL;DR Imminent Release: The Shiba Inu team has hinted at the upcoming release of the SHI stablecoin, which aims to provide stability and utility within the Shiba Inu ecosystem. Stable Value: SHI is designed to be pegged at $0.01, offering a reliable value for transactions and mitigating price manipulation risks.
A new day has brought a new twist to the popular meme-inspired Shiba Inu (SHIB) cryptocurrency. According to Shibariumscan, the total volume of BONE tokens collected as transaction fees on the Shibarium network has increased by 2,190% in the last 24 hours.
Cryptocurrency Market Today: With 1.19% growth in the last day, the global cryptocurrency market has maintained its upward trajectory, with a total market capitalization of $2.26 trillion. However, trading volume decreased by 8.74% to $67.53 billion at this time.
Meme coin leaders Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) are picking up steam and could rise even further, according to predictions. What Happened: Shiba Inu's burn rate increased by 640.7%, as around 1 million SHIB coins were burned in a single transaction, according to Shibburn data.
Dog-themed cryptocurrency Shiba Inu (SHIB) has experienced a significant surge in trading volumes, skyrocketing by 203% as the cryptocurrency makes a massive price breakout.
Shiba Inu might become the next cryptocurrency project to introduce its own stablecoin.
Memecoin giant Shiba Inu is on track to launch a new stablecoin to boost ecosystem growth.
One of the crypto market's most popular meme coins, Shiba Inu (SHIB) is often in the news due to its cute logo. The name Rexas Finance (RXS),
The total meme coins' market cap led by Dogecoin and Shiba Inu rallied over 6 percent in the past 24 hours to hover at about 50 billion on Thursday.
The SHIB team reveals the upcoming launch of SHI stablecoin. Will SHI boost or compete with SHIB in the Shiba Inu ecosystem?
Something unusual is happening with Shiba Inu (SHIB) as multiple metrics are skyrocketing today. Beginning with the burn rate, data from Shibburn shows that this metric has jumped by over 640% in 24 hours to 5,555,360 SHIB.
Official marketing lead at the Shiba Inu team, who goes by the pseudonym Lucie, has published a post with details of the SHI stablecoin whose concept was first introduced by the mysterious creator of SHIB Ryoshi.
Dogecoin price is at a crucial point with a potential breakout in the works. The crypto markets have been recovering steadily of late, and Dogecoin and Shiba Inu coin prices show the highest gains in the top 20, according to Coingecko.
The cryptocurrency market is steady right now, with Bitcoin holding strong at around $63,000. Market experts are predicting that October will kick off a big bull run. They believe that memecoins might be some of the hottest coins to watch, potentially offering huge returns.
Shiba Inu's larget native token has soared by 13% in the past 24 hours.
Shiba Inu marketing lead Lucie's recent comments on the SHI stablecoin have garnered noteworthy attention across the global crypto landscape. On Thursday, the marketing lead revealed how the stablecoin is a game-changer for Shibarium, staging as a developmental key for stability and utility for Layer 2.
The broader market sentiment stands neutral as the Bitcoin price struggles to sustain dominance above the $64,000 mark. The fear and greed index stands at 48, with the crypto market cap at $2.24 trillion. Despite the neutrality in the broader market, the bull run in the meme coins is gaining momentum.