The recent double-digit Bitcoin price spike has lifted sentiment across cryptocurrencies, with altcoin transactions and values rising in tandem. Shibarium, the layer-2 scaling solution of meme token Shiba Inu, has tracked closely with the broader resurgence. Data from monitoring resource Shibarium Scan reveals the protocol handled a staggering 7.84 million
Heading into the final month of 2023, the popular Shiba Inu-themed cryptocurrency SHIB faces another possible bout of extreme volatility if past trends around Christmas prove accurate again this year. Analysis by data firm CryptoRank reveals the token has seen double-digit percentage selloffs in December since its launch. “Shiba Inu
The cryptocurrency ecosystem around the popular meme token Shiba Inu (SHIB) has seen an uptick in the rate of tokens being burned or permanently removed from circulation. However, this increase has not corresponded with any major price movement for the SHIB token itself within the past day. Burning tokens is
The price of popular meme coin Shiba Inu (SHIB) has risen over 1.3% in the past two days following positive adoption news for the ecosystem. Crypto wallet Atomic Wallet has integrated support for the Shibarium Layer 2 network, exposing SHIB to millions of new users. Meanwhile, boxing legend Manny Pacquiao
A recent tweet from a Shiba Inu official account provided insight into the delayed launch of the highly anticipated Shibaswap 2.0 platform. Shibaswap 2 aims to evolve into a sophisticated decentralized application (DApp) that goes beyond a basic decentralized exchange. According to the tweet from SHIB’s spokesperson, the intricate design
The developers behind the popular meme coin Shiba Inu have sparked excitement and speculation with a cryptic riddle teasing the cover of the project’s upcoming magazine release. A tweet from the official Shiba Inu account posed a mystery about who will “grace the cover” of the second edition of the
The meme-inspired cryptocurrency Shiba Inu (SHIB) saw a massive boost to its deflationary burn rate on Thursday, just as prices rebounded from recent lows. According to data from burn tracker Shibburn, a total of 9.6 million SHIB were sent to dead wallets in the past 24 hours. This represents a
Crypto analyst Rekt Capital is bearish on the future of the Solana (SOL) crypto. However, Shiba Inu (SHIB) and Everlodge (ELDG) are bullish based on the latest on-chart metrics. As a result, investors began to diversify with these cryptocurrencies. Today, we will jump into their price performance to see just
Shiba Inu’s lead developer Shytoshi Kusama, has urged SHIB followers and content producers to work together. Kusama’s call to action acknowledges the decentralized character of the platform while working to coordinate the marketing efforts of a wide range of individual operators across different forms of media. Kusama underlined the need
Shiba Inu continues trending upward, gaining 2.88% to around $0.000007885, according to CoinMarketCap data. A key driver of this sustained bullish momentum is a 22% SHIB trading volume spike on leading exchange Binance. Binance saw massive Shiba Inu trading volumes of over $37 million in the past 24 hours. As
