Shiba Inu is showing a unique on-chain metric in terms of holdings of its tokens between retail and whale investors. According to statistics compiled by IntoTheBlock (ITB), a cryptocurrency analytics website, 63.48 percent of all SHIB in circulation is held by the largest investors in the market. One address in
The recent update by Whale Alert, a blockchain tracker implies that recently, a large sum of Shiba Inu changed hands between two unknown digital wallets. This move is worth a phenomenal $32,142,200. This week is the seventh time an unknown whale has transferred a gigantic mass containing 3.5 trillion Shiba
Shiba Inu-affiliated artificial intelligence project Bad Idea AI has released a major 2.0 upgrade for its chatbot application. Key enhancements include per-room memory retention, performance improvements, and security updates. In a tweet, the BAD team highlighted the launch of version 2.0 and its new capabilities. BAD aims to blend AI,
The rate of burning Shiba Inu (SHIB) tokens has reached a new record high, data from Shibburn shows. Over 55 million SHIB were sent to dead wallet addresses overnight, representing a 283% increase in the burn rate. According to the analysis of Shibburn data, more individual wallets are now involved
Bone ShibaSwap (BONE), has hit an ATH on the Shibarium layer-2 scaling solution, signaling the cryptocurrency’s promising future. Shibarium’s validator tracker shows that the number of staked BONE tokens has reached 26,020,173.6431. This remarkable staking number was fueled by the increasing number of validators that have signed up for the
Shiba Inu is registering a surprising surge in large-holder inflows even as its price declines amid a wider crypto market selloff. According to on-chain analytics firm IntoTheBlock, SHIB saw whale inflows explode from 169 billion on October 7 to nearly 3 trillion on October 8—a 1,587% spike. Large inflows can
Shiba Inu has seen a massive drop in large network transactions and overall whale activity in recent weeks. According to data, significant transactions have fallen to just 20, marking one of the most inactive periods for the meme coin’s larger holders. The decline coincides with Shiba Inu’s lackluster price performance.
Investors have taken notice of a significant achievement by the Shibarium Network, a Layer-2 blockchain. ShibariumScan reports that the SHIB network has achieved 1 million blocks, marking a major milestone for the SHIB ecosystem as a whole. The need for effective and scalable solutions is also brought to light. The
Shiba Inu is gearing up for its biggest month, if past performance proves predictive. The prominent meme coin has a knack for explosive growth in October, defying typical market trends. With the arrival of “Uptober,” SHIB holders hope the token repeats or even exceeds its astronomical 833% surge last year.
In an unexpected development, the meme-inspired cryptocurrency Shiba Inu (SHIB) has seen a dramatic rise in large “whale” transactions in recent weeks. On September 22nd, the total volume of trades above $100,000 hit $38 million, matching an identical spike on September 11th. The number of these large transactions also surpassed
