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Shiba Inu's innovative Layer-2 scaling solution, Shibarium, is making significant waves in the crypto space, as it recently recorded more than 634,000 active addresses. Transaction activity has surged, reaching a daily peak of 93,315 transactions by August 31, amassing a total of 698,642 transactions.
Arculus, a leading digital security platform, announced a partnership with BitPay to expand its payment options to include several popular cryptocurrencies.
The price performance of Shiba Inu (SHIB), a prominent meme coin, has exhibited a subdued trend in recent weeks within the cryptocurrency market. This meme-based cryptocurrency has once again garnered considerable attention in the digital asset landscape, primarily following the relaunch of Shibarium, a layer-2 scaling solution.
SHIB price is in the red, like many of its peers that are ending the week in losses following the decision by the US Securities and Exchange Commission (SEC) to delay the approval of spot Bitcoin ETFs on Thursday. The second most prominent meme coin is trading at $0.00000796, down 3.2% in 24 hours.
Shiba Inu (SHIB) has experienced a notable decline in its value over the last 24 hours. As of the latest data, the meme coin is trading at approximately $0.00000797, raising questions about what could have led to this sudden drop.
Despite the transfer, SHIB is down on the day, similar to the rest of the market.
In a significant development for the cryptocurrency world, OkCoinJapan, a leading digital currency trading platform in Asia, has announced its plans to list new tokens, including the Shiba Inu (SHIB) token based on the Polygon protocol.
Network activity has started to chug along since an earlier glitch was solved last weekend.
Shibarium, Shiba Inu's Layer 2 network, has reached new milestones with 634,438 wallet addresses and 698,607 transactions. Despite initial technical challenges, collaborations with Alchemy have scaled operations, and asset withdrawals now occur within 45 minutes to 3 hours.
Activity on the Shiba Inu L2 increased. And while token usage also surged, Shibarium's TVL stabilized due to inconsistencies with DEX transactions.
In the midst of a remarkable resurgence in the cryptocurrency market, the Shiba Inu token (SHIB) has taken an astonishing leap, breaking through notable consolidation patterns. The token's recent ascent to a 10-day high of $0.00000850 has not only captured the attention of crypto enthusiasts but has also ignited curiosity among investors.
A mysterious Shiba Inu (SHIB) whale is suddenly moving trillions of the memecoin after its developers brought the project's layer-2 scaling solution Shibarium back online.
Closely followed crypto analyst Benjamin Cowen raised concerns about the potential decline of Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) in September. Drawing on historical data and patterns, Cowen presented a cautionary outlook for the two leading cryptocurrencies.
Despite sophisticated security mechanisms, malefactors are getting verification badges in Twitter here and there. However, some of them have even more dangerous instruments to steal the money of gulible investors.
Shibarium registers over 444,000 wallets in just a week since public relaunch.
SHIB continues to defend the December low of $0.00000779 and could continue doing so if BTC stays above $27k.
OKCoinJapan, a major digital currency trading platform in the Asian country has announced its plans to list new tokens including Polygon-based Shiba Inu (SHIB). The Shiba Inu Listing Schedule Taking to its official account on the X platform, the OkCoinJapan platform said the DAI SHIB tokens trading on the platform will support the Polygon variant
Major Japanese cryptocurrency exchange OKCoinJapan announced today that it will add Polygon chain support for two cryptocurrencies: Shiba Inu (SHIB) and DAI.
Shiba Inu's native token has been demonstrating bearish price action over the past few weeks since getting rejected at a critical resistance level. Yet, a more severe decline may still occur in the short term.
Shibarium token BONE has smashed a big adoption milestone, with its total addresses reaching a new record. According to IntoTheBlock data, BONE's total addresses have steadily increased, reaching a new high of 190,720.
Shibarium was relaunched a few days ago, and the layer 2 network has achieved remarkable triumph recently. The Shiba Inu community is creating bullish vibes as Shibarium aims to decrease transaction fees and gas costs. This reduction could potentially lure investors into pouring substantial investments into this meme coin.
According to DefiLlama, the size of total value locked in the Layer 2 solution from Shiba Inu, Shibarium, has reached the $1.5 million mark. It is important to clarify that Shibarium only fully "opened" a little over two days ago, which makes this result even more impressive.
This is how much SHIB is owned by Robinhood, according to on-chain data.
The Shiba Inu (SHIB) token has been drawing attention lately, not just for its meme status but also for a technical pattern forming on its price chart — a symmetrical triangle. This pattern is often considered a continuation pattern, meaning it usually signals the direction the asset will take following a period of consolidation.
