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 […]
Top Exchange Predicts a 165% Rally for Shiba Inu (SHIB)
Shiba Inu (SHIB) is currently being traded at a price of $0.000008486, experiencing a slight increase of approximately 0.24% in the 24-hour day trade. The price of SHIB has remained stagnant for over a week, showing minimal indications of a positive rally. Investor sentiment towards SHIB has largely turned negative as doubts about its prospects […]
Over 15 Billion Shiba Inu Tokens Burned in May
Shiba Inu witnessed an extraordinary burn events in May 2023 as the SHIB Army burned over 15 billion SHIB tokens. Leading the pack as the top SHIB burner of the month was Blaze Token, with significant contributions from MARSWAP (MSWAP) and Coinbase 10. In a remarkable achievement, the Shiba Inu community permanently removed a total […]
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 Records Major Win with Shibarium Testnet
Highly anticipated Shiba Inu Shibarium layer-2 network has generated significant excitement this year. Despite facing development delays that pushed its launch into 2023, the network’s testnet, Puppynet, consistently achieves new milestones. According to data from puppyscan.shib.io, the Puppynet testnet has now surpassed 15 million transactions and has attracted over 16 million wallet addresses. This testnet […]
What Has Happened to Shiba Inu Since June 2022?
In the second quarter of 2023, Shiba Inu experienced a decline in trading activity, primarily due to decreased buying pressure. One of the main factors contributing to the significant drop in its price is the delayed launch of the Shibarium layer-2 network. Unlike the positive market sentiment observed in 2021 and early 2022, SHIB is […]
SHIB Army Burned Over 15 Billion Shiba Inu Tokens in May
During the month of May 2023, the Shiba Inu community successfully burned more than 15 billion SHIB tokens, effectively removing them from circulation. The top contributor to this burning process was Blaze Token, followed by MARSWAP (MSWAP) and Coinbase 10, who also made notable contributions. Through a total of 191 individual transactions, the Shiba Inu […]
No Shiba Inu (SHIB) Burn in the Last 24 Hours; Here’s Why
The Shiba Inu community has been actively participating in reducing the number of tokens in circulation. Many tokens—in trillions—have been destroyed thus far, and the SHIB Army has been the main impetus behind this burning procedure. Notably, over 3 billion SHIB tokens were transferred to inactive wallets earlier this week in a sizeable amount. Shibburn […]
Shiba Inu Security Rating Improved: Now Ranked AAA on CertiK
Shiba Inu (SHIB) has notably recovered as it has regained its AAA rating from CertiK, a well-known blockchain security platform. This rating upgrade comes after a previous decline in its security score, which raised concerns among investors and the wider cryptocurrency community. A recent report by Fxcryptonews revealed that Shiba Inu’s rating had dropped to […]