An Ethereum (ETH) competitor has captured a massive share of USDT stablecoin transactions, according to the chief executive of the analytics firm CryptoQuant. Ki Young Ju says on the social media platform X that the value of the USDT hosted on Tron (TRX) is now more than three times the layer-1 blockchain's market cap.

The Shiba Inu burn rate is facing new challenges amidst a corresponding lull in the Shiba Inu price. According to data from Shiba Inu burn tracker Shibburn.

Donald Trump's crypto platform, World Liberty Financial (WLFI), just locked in a high-profile partnership by bringing Justin Sun onboard as an Advisor. The founder of TRON and one of blockchain's most talked-about figures, Sun has also invested $30 million into the platform, making him WLFI's largest backer.

Justin Sun has announced a $30 million token purchase in Trump-backed World Liberty Financial.

Shiba Inu price, a prominent meme coin, has recently witnessed a substantial 41% increase in its value over the past month, marking a robust bullish trend. This surge has contributed to an overall growth of 195% in the past year, boosting confidence among investors.

The move comes after Justin Sun, the founder of Tron, invested $30 million in the Trump-connected blockchain project.

Ethereum has overtaken Tron as the leading blockchain for Tether (USDT) dominance.

Shibarium, powered by Shiba Inus active community, hit a record $8.57 million in TVL before a market downturn reduced it to $4.58 million. Shiba Inu leads staking activity with $3 million, underscoring its dominant role in the ecosystem.

Shibarium, the layer-2 protocol associated with Shiba Inu (SHIB), has witnessed a spike in activities resulting in remarkable development. According to Lucie, the marketing lead at Shiba Inu, the total value locked (TVL) has hit an all-time high (ATH) of $8.57 million.

TL;DR Justin Sun, founder of Tron, invested $30 million in World Liberty Financial (WLFI), becoming the main investor in the project associated with Donald Trump. The partnership with Tron could provide WLFI with a robust infrastructure, boosting its global adoption and positioning it in the crypto market.

For the first time since August 2022, Ethereum (ETH) hosts a bigger U.S. Dollar Tether (USDT) supply than Tron (TRX). Meanwhile, the aggregated cap of USD-pegged stablecoins targets an all-time high over $200 billion.

A slight spike in whale activity could be a bullish sign for FLOKI if these large addresses are buying.

Shiba Inu price joined other cryptocurrencies in a steep sell-off as the recent rally took a breather and the burn rate declined. Shiba Inu (SHIB), the second-largest meme coin, dropped to $0.

The majority of the coins are in the red zone today, according to CoinStats.

Binance founder and former CEO Changpeng Zhao on Tuesday voiced concerns about the current state of meme coins, calling their proliferation “a little weird.” What Happened: In a tweet, Zhao clarified he isn't against memes but urged the crypto community to focus on building meaningful blockchain applications.

With a significant 13% decline in the last day, Shiba Inu seems to have lost its recent vigor. A strong rally that gave investors hope for long-term gains preceded this correction.

TRON founder Justin Sun's $30 million investment in Trump-backed World Liberty Financial has revived the struggling DeFi project, pushing total token sales to $51 million and triggering a $15 million payout to Trump-affiliated entities.

Shiba Inu's ecosystem shows strong growth potential as lead developer Shytoshi Kusama acknowledges TRON's success model, while SHIB posts 48% monthly gains and Shibarium reaches new TVL highs.

Justin Sun, founder of the Tron blockchain, made headlines with a significant investment in Donald Trump's crypto project.

Shiba Inu (SHIB), a cryptocurrency that originally gained attention as a meme coin, is slowly evolving into something much more. With a market cap of $15 billion and a massive surge in its burn rate, SHIB is gaining momentum. But there's a bold idea floating around, burn 99% of its supply.

The price of Shiba Inu (SHIB) is stable and hovering between the resistance at $0.00002800 and support at $0.00002300. Neither the bulls nor the bears have broken this range.

Shiba Inu lead developer Shytoshi Kusama lauded TRON's Justin Sun on Tuesday over the blockchain's recent milestone achievement. The lead developer primarily highlighted TRX's product-market fit (PMF) in stablecoin use cases, underscoring the network's pioneering stance as a decentralized, fast, and affordable solution.

Ethereum has reclaimed its position as the leading blockchain for Tether (USDT), surpassing Tron with a supply of $60.3 billion. The post Ethereum Surpasses Tron as Top Blockchain for Tether with $60.3 Billion USDT Supply appeared first on Cryptonews.

Tron approaches key resistance near pattern—will bulls sustain momentum, or is a pullback on the horizon?

The new era of in-store crypto payments begins: crypto aficionados can choose from a flurry of trending memecoins.

Investor optimism was sparked by Shiba Inu's recent successful breakout from its consolidation phase. Despite this, there has not been a noticeable acceleration in price movement, suggesting that the rally has stalled.

The controversial crypto founder has labeled his efforts as geared towards driving innovation in the U.S.

Justin Sun, the founder of the TRON blockchain, has made a $30 million investment in World Liberty Financial (WLFI), a decentralized finance (DeFi) project backed by President-elect Donald Trump. The purchase was completed through a wallet linked to Sun's HTX exchange, formerly known as Huobi, and comes as WLFI struggled with slow initial token sales.

Shytoshi Kusama, the driving force behind Shiba Inu, shared key insights into SHIB burns and the ecosystems future. As burn rates jumped 135% in 24 hours, Kusama stressed the importance of building partnerships to boost Shibariums utility and burn potential.

Justin Sun, the founder of Tron, has stirred excitement with a $30 million investment in World Liberty Financial (WLF), a cryptocurrency initiative spearheaded by U.S. President-elect Donald Trump and his family.

Ethereum's enduring appeal for USDT issuance is also tied to its DeFi dominance and institutional adoption.

The Tron founder said the U.S. is becoming the hub for blockchain hub and bitcoin owes a debt to Donald Trump.

Shiba Inu (CRYPTO: SHIB) has gained traction amid rising burn rates, sparking optimism among technical analysts about bullish momentum for the token. What Happened: According to Shibburn data, the burn rate for SHIB surged by 486.8% over the past day, with 5.9 million SHIB coins permanently removed from circulation.

In recent hours, the meme coin market has experienced increased selling pressure following Bitcoin's drop from its peak. Prices for Pepe and Shiba Inu coins have significantly fallen as both whales and short-term holders have been offloading their holdings, leading to a sharp decrease.

Following a listing on Coinbase, Dogwifhat (CRYPTO: WIF) has been listed for trading by Robinhood Crypto. What Happened: The company announced the listing on its X account on Monday.

The dream of Shiba Inu reaching $0.01 remains one of the most talked-about and debated topics in the cryptocurrency community. While many analysts deem this goal unrealistic, renowned crypto expert Luis Delgado (also known as Del Crxpto) believes that the impossible is indeed possible for Shiba Inu, pointing to several past instances in the crypto market where unexpected price surges occurred.

Shiba Inu lead developer Shytoshi Kusama has addressed inquiries regarding the ambitious goal to burn 99% of the circulating SHIB token supply. Kusama initially engaged with the community by inviting questions for his podcast, stating, “What a topic or question you want to hear answered on my podcast?

Floki has postponed the mainnet launch of its flagship play-to-earn game, Valhalla, to early 2025. Originally slated for release this November, the massively multiplayer online role-playing game metaverse project will now debut in the first quarter of 2025.

Check out the next potential SHIB targets (according to some popular analysts).

A new report has revealed a startling trend in the cryptocurrency market: 76% of influencers on X (formerly Twitter( promoting meme coins are endorsing tokens that eventually lose nearly all their value. What Happened: The study, by CoinWire, analyzed 1,567 meme coins promoted by 377 influencers, uncovering that two out of three tokens they promoted are now classified as "dead.

Crypto's second biggest meme coin, the $15 billion market cap Shiba Inu ($SHIB), may be on the verge of a blistering bull run, according to CryptoTuber Austin Hilton. The renowned Web3 influencer says growing $SHIB adoption and the potential for further development of Shiba Inu's ecosystem will be key price drivers in the coming months.

Shiba Inu price has underperformed other popular meme coins in the past few days. SHIB trades at $0.000026 on Monday, where it has been stuck since November 10, as investors anticipate more upside as the burn rate rebounds.

Shytoshi Kusama, the pseudonymous lead of the Shiba Inu team, has been debating with SHIB enthusiasts on X and revealing interesting details about his work schedule. He also poured cold water on the idea of some SHIB enthusiasts as to how the SHIB burn mechanism works in reality.

Can you guess which 3 tokens made it into our 2024 top 3 performers' list? Take a guess and find out in our article!

Within a crucial support cluster of 470 billion tokens (at the time of the writing), Shiba Inu is retaining its position and offering a temporary area of stability. Nevertheless, in contrast to prominent players like Bitcoin, Ethereum and XRP, its performance is noticeably stagnant.

The Shiba Inu community has launched a petition urging Binance to list Bone ShibaSwap (BONE), a pivotal token within the Shiba Inu ecosystem. This move aims to strengthen the ecosystem's growth and enhance the interconnected utility of its tokens—SHIB, BONE, and LEASH.

Shiba Inu (SHIB) became well-known in cryptocurrencies by turning little investments into riches over its explosive climb. But as the token ages and its market fills, the explosive potential that once distinguished it starts to fade.

The meme coin mania of the past few weeks pushed Shiba Inu's (SHIB) price to an eight-month high of $0.000030 on November 12. Due to this hike, a significant portion of SHIB's supply is now profitable.