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Search Results for: SHIB

Shiba Inu: $1000 Worth Of SHIB Could Reach $1M: Here’s When

Shiba Inu (SHIB) investors are currently grappling with substantial losses as the meme coin’s price plummeted to $0.0000173 earlier today, a level last seen in late February, just before the explosive rally that led to a three-year high. This recent downturn has left a majority of market participants who invested

June 20, 2024 2 mins read

SHIB Faces Intense Pressure as Market Fluctuations Continue

Amidst the recent downturn in the crypto market, Shiba Inu (SHIB) has displayed significant price swings, sinking approximately 14.48% over the last 24 hours to hit a three-month low of $0.0000173, a level not seen since March. This decline reflects broader market movements worsening SHIB’s downtrend. Instead of efforts to

June 18, 2024 2 mins read

Shiba Inu Burn Rate Spikes 2800% Amidst SHIB Price Decline

Despite a 4.23% drop in Shiba Inu’s price, the memecoin displayed a 2,800% rally in its burn rate over the past 24 hours, removing nearly 8 million tokens from circulation. More than half of this amount was burned in a single transaction about 21 hours ago. The burning mechanism will

June 11, 2024 2 mins read

Shiba Inu Team Recommends FHE to Boost Privacy in SHIB Ecosystem

Lucie, the marketing lead for Shiba Inu, recently recommended users to use fully homomorphic encryption (FHE) technology to increase the privacy and security of the SHIB ecosystem in a series of postings on social media platform X. Strengthening user trust and ensuring interactions inside the SHIB metaverse are the goals

June 10, 2024 2 mins read

Shiba Inu Whales Accumulate Trillions of SHIB Tokens, Price to Rally?

The Shiba Inu (SHIB) token has a notable surge in whale activity, with recent Lookonchain data indicating considerable investments by large holders. In the past 12 hours, nine wallets, including the two massive whales, have accumulated 1.356 trillion SHIB tokens at an average price of $0.00002596. This totaled an investment

June 8, 2024 2 mins read