Shiba Inu Burn Rate Increases by 1,222% in Anticipation of Shibarium Rollout
As per the Shibburn tracking platform’s data, nearly 200,000,000 Shiba Inu have been transferred to “inferno” wallets in the past 24 hours. Notably, a single transfer resulted in the burning of 151 million SHIB. The increased SHIB burn rate has significantly impacted it, driving it up notably. Furthermore, over the mentioned time period, the price […]
What Could be Behind the 370% Increase in Shiba Inu’s Burning in May?
During the month of May 2023, a significant number of 15.36 billion Shiba Inu (SHIB) tokens were eliminated through burning. These burns were conducted through 191 transactions. Notably, the total number of burns in May was 370% higher compared to April 2023. In April, only 3.26 billion SHIB tokens were taken out of circulation. Despite […]
Shopping Popular Brands Now Made Easy With Shiba Inu Through Cryptocom
Crypto.com, a prominent cryptocurrency exchange globally, has introduced a shopping function enabling users to buy products from over 150 well-known brands like Apple, Ray-Ban, and Nike. This feature accepts various popular cryptocurrencies, including Shiba Inu, as a form of payment. In a recent announcement, Crypto.com unveiled that customers can earn up to 10% in Pay […]
Shiba Inu New Burn Initiative to Launch in June
Community members and well-known entities continually burn Shiba Inu, and the blazing wheel has never stopped turning. For instance, Coinbase burnt 200 million SHIB tokens only yesterday. Parallel to this, a wallet that had been sleeping for over two years [520 days, to be exact] suddenly awoke to burn its assets in a single transaction. […]
Shiba Inu Burns Continues as Coinbase Burns 200M SHIB
Recently, there has been a minor decline in the magnitude of Shiba Inu Burns. For instance, over 2,915,482,121 SHIB tokens were burned within the past week. The same shows a drop of 51.48%. However, there has been a slight improvement over the last day, as the rate has increased by 1447.70%. Over the previous day, […]
Dogecoin Trade Volume Ahead of SHIB and PEPE. What’s to Expect?
The transaction volume of Dogecoin (DOGE), the original meme coin, has increased. The bulk of the action started with big whale wallets. Compared to Shiba Inu (SHIB) and Pepe Coin (PEPE), DOGE’s transaction volume was significantly higher. Fans and investors of DOGE can now breathe a sigh of relief after the asset experienced a recent […]
After Almost 90% Fall, Can Shiba Inu (SHIB) Make a Comeback?
It has been nearly 20 months since Shiba Inu reached its highest value of $0.00008616. The cryptocurrency, known for its dog theme, achieved this peak in October 2021 but has been unable to regain its previous level since then. Currently, SHIB is facing difficulties and has experienced a decline of nearly 90% from its all-time […]
Shiba Inu Recent Uptick May Renew Investor’s Interest; Here’s Why
Shiba Inu (SHIB) has welcomed the highest daily new addresses in three months, indicating a significant increase in network activity and adoption. Although the market conditions have kept Shiba Inu in a bearish position, the recent increase in network activity may indicate investors’ enthusiasm has been reignited. Notably, Ali Martinez, a well-known market observer, was […]
Shiba Inu Holders in Loss; Is There Hope For Recovery?
As a result of a 15% decline this month, over 1 million holders are already in the negative, and Shiba Inu is attempting to make up those losses. The effects of the ongoing market-wide turbulence have not been avoided by Shiba Inu (SHIB). The asset has lost more than 15% of its value this month, […]
Introducing Advanced Tools For Burning Shiba Inu Tokens on SHIB Burn
A notable development is underway as SHIB Burn, a well-known decentralized token-burning project associated with Shiba Inu, prepares to unveil its highly anticipated new website in the upcoming month. As per the project’s official statement released earlier today on Twitter, the forthcoming platform is poised to introduce a range of advanced tools that will bring […]