In the last 24 hours, dog-themed cryptocurrency Shiba Inu (SHIB) has seen contrasting fluctuations in trading activity and whale movements.
Shibarium, the Shiba Inu (SHIB) Layer-2 protocol, appears set to hit a new milestone amid sustained adoption in the crypto space. This adoption has led to an increase in the number of Shibarium wallet addresses.
Shiba Inu lead Shytoshi Kusama has announced the launch of the TREAT token, a major addition to the SHIB ecosystem. Originally envisioned by SHIB's creator, Ryoshi, Treat is designed to replace BONE as ShibSwap's reward token and provide liquidity for SHIB, the ecosystem's stablecoin.
Data shared by the Shibburn tracking platform in a recently published X post shows that in the past day the burn rate of the popular meme-inspired cryptocurrency has demonstrated a mind-blowing five-digit increase.
The recent surge in the SHIB burn rate has sparked optimism, as evidenced by the recent Shiba Inu price rally. Notably, the burn rate has rocketed more than 4,100% today, bolstering market sentiment amid the already bullish momentum noted in the broader crypto market.
Sui Network, a popular blockchain supporting the SUI coin, encountered a major disruption today, bringing its block production to a halt. The interruption, which began at 12:15 PM UTC, left the network unable to process transactions for several minutes, causing concerns among its users and community members.
The price of TRON (TRX) has continued to rise, surpassing the historic milestone of $0.18 on April 12, 2021.
Shiba Inu price continued rising on Saturday, as analysts anticipated big moves ahead, with some expecting it to double, mirroring that of Dogecoin. Analyst Expects Shiba Inu Price To Break Out SHIB price was trading at $0.00002735 on November 23, up by 152% from its lowest point in August this year.
Shiba Inu (SHIB) could be gearing up for a significant price surge following the withdrawal of more than 1.67 trillion SHIB tokens from cryptocurrency exchanges. This massive outflow has raised expectations among analysts that the reduction in available supply could help drive up the price of SHIB.
With Bitcoin price remaining volatile and struggling to reach the $100,000 mark, the altcoin rally is gaining momentum. Despite the 99k buyers and 100k sellers going at it, the smart money is flowing into the altcoin segment.
Tron Founder Justin Sun proves money can't buy taste - unless it's a $6.2 million banana.
Shiba Inu (SHIB) is currently consolidating after a massive rally earlier this month, which saw the token surge to $0.00003046 (on Binance). However, the momentum waned as SHIB retraced to levels below $0.00002303.
TRON has broken key resistance levels, with technical indicators and liquidations supporting the bullish momentum.
The SUI token experienced a 115% month-over-month gain in October and continues to appreciate as it emerges as a Solana competitor.
The market uptrend sparked by Donald Trump's November 5 US presidential election victory has entered its third week. Increased trading activity has pushed many major cryptocurrencies to new all-time highs, while lower-cap tokens have seen sharp value spikes, delivering significant gains to traders.
Sui Foundation partners with Franklin Templeton Digital Assets to drive blockchain-based innovation, supporting developers and expanding decentralized finance applications using the Sui blockchain protocol. The post Sui Partners with Franklin Templeton for Blockchain Development appeared first on Cryptonews.
Bitcoin trades just a few hundred dollars from $100,000. What will altcoins do if the price milestone is hit?
A crypto analyst has drawn a distinct comparison between the Dogecoin and Shiba Inu price movements, noting that the trajectory of both meme coins closely mirrors each other. While he points out these similarities, the analyst has projected the next bullish target for Shiba Inu as its price action shows signs of a potential uptrend.
The asset manager will support builders on Sui and pilot emerging blockchain technologies on the network.
The asset manager will support builders on Sui and pilot emerging blockchain technologies on the network.
In a strategic move, Sui Network, a fast-growing layer 1 blockchain known for its innovative use of the Move programming language, has partnered with Franklin Templeton Digital Assets, a global leader in asset management with over $1.5 trillion in assets under management.
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Key points of the news: Sui and Franklin Templeton have formed a strategic partnership to strengthen the blockchain ecosystem and support developers. Franklin Templeton, with experience in digital assets since 2018, will back projects like Deepbook, Karrier One, and Ika.
Sui Foundation partners with Franklin Templeton Digital Assets to enhance DeFi solutions on the blockchain.
Sui, a Layer-1 network, announced a new partnership with investment firm Franklin Templeton. This partnership includes capital investment in Sui and support for the firm's blockchain development.
The burn rate for Shiba Inu ($SHIB) blew up by 2225% on Thursday amidst a surge of interest in meme coins. Shiba Inu tokens, which collectively have a market cap of $14.
The notable growth of the Web3 ecosystem on the Sui blockchain has bolstered the ongoing $SUI bull run, which is already in the price discovery phase.
Sui Foundation has recently made an important partnership agreement with Franklin Templeton Digital Assets, which will help develop DeFi solutions on the Sui platform. This will give the Sui ecosystem developers support and additional guidance in enhancing blockchain solutions and products.
Tron's (TRX) rally to $20 and higher is a question of "simple math," Justin Sun ironically commented on X. Meanwhile, the crypto is actually rocketing; the TRX price is one step away from its all-time high despite the altcoin season lagging.
Sui has partnered with Franklin Templeton Digital Assets to strengthen its ecosystem and advance blockchain-based technologies.
Sui has joined forces with Franklin Templeton Digital Assets in a bid to drive blockchain innovation and foster growth within the Sui ecosystem.
Justin Sun, the founder of the TRON blockchain platform, recently made headlines with an unexpected acquisition—Maurizio Cattelan's infamous artwork "Comedian," which features a banana duct-taped to a wall.
Sui collaborates with Franklin Templeton Digital Assets to bolster its blockchain ecosystem, highlighting projects like Deepbook and Karrier One, amid growing interest from global investment firms.
Sui partners with Franklin Templeton as its DeFi ecosystem grows, reaching $1.6 billion in total value locked this year. The post Sui partners with Franklin Templeton to boost DeFi innovation and ecosystem growth appeared first on Crypto Briefing.
Tron price continued its strong momentum this week and reached an all-time high, pushing its market cap to over $17 billion. Tron (TRX) surged to a record high of $0.
Here's the latest achievement of Shibarium.
Shiba Inu's daily chart has been consolidating in a triangle pattern, suggesting a possible breakout in the near future. On-chain data does, however, point to a worrying pattern.
Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) are trading around 3% higher in a single day boosted by the optimism in the cryptocurrency market. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin $0.3923 $57.6 Billion +2.8% +5.3% Shiba Inu $0.00002496 $14.7 Billion +4.2% +3.1% Trader Notes: Analysts see bullish potential for the top two meme coins.
SHIB is gearing up for a massive bullish breakout as analysts predict a major upside for the altcoin, citing multiple bullish patterns. In a Nov.
Shytoshi Kusama, known in the crypto space as a leading voice in the ecosystem around the Shiba Inu (SHIB) token, made a number of high-profile comments on social network X. The comments touched on both the entire cryptocurrency market and the popular meme-inspired Shiba Inu token in particular.
Shiba Inu price continues to consolidate around a key level, but two unique chart patterns point to big a move ahead. If the pattern successfull breaks out SHIB could almost double in value.
Technical analysis reveals a bull pennant formation in Shiba Inu's price action, suggesting potential for a 53% rally to $0.000037 if the $0.000025 resistance level is breached.
Analyst and trader Ali Martinez is leaning bullish on one large-cap crypto asset while offering his insight on Bitcoin (BTC) and two altcoins.
Crypto whales acquired 1.67 trillion SHIB tokens from the exchanges in the past 24 hours.
An analyst has explained how Shiba Inu could kickstart a new rally to this price target if it can break through the $0.000025 resistance level. Shiba Inu Is Currently Trying To Break Past The $0.000025 Resistance In a new post on X, analyst Ali Martinez has discussed a pattern that has been forming in the SHIB price recently.
Shiba Inus supply took a significant hit on November 21, as its burn rate rose 2225% with 14.58 million tokens destroyed. Despite a 2% price decline, market sentiment stays bullish amid monthly gains and favorable on-chain trends.
Is Shiba Inu's bull flag formation a sign of market confidence or just a temporary spike?
Tron price has gone parabolic, rising for two consecutive weeks and reaching its all-time high of $0.2067. It has soared by over 350% from its lowest point in 2022, bringing its market cap to over $17 billion, making it the eleventh-biggest cryptocurrency in the industry.