Today, while major cryptocurrencies like Bitcoin and Ethereum display a downturn, Shiba Inu (SHIB) is making headlines with its price movements and a substantial rise in its burn rate. After a two-month period of consolidation, SHIB has regained momentum, currently trading at $0.00001635. This reflects a 10.7% increase in the
Shiba Inu (SHIB) is showing signs of recovery after hitting a month-low of $0.00001231 just four days ago. Currently trading at $0.00001346, SHIB has surged 2.51% in the past 24 hours, with trading volume increasing by 46%. Despite this recent uptick, the token is still down 4.13% over the past
Shiba Inu (SHIB), saw a significant price surge of 10% on June 5, fueled by notable whale activity. Data revealed that a long-dormant Shiba Inu whale exchanged 1,000 Wrapped Ethereum (WETH) for 149.3M SHIB, valued at $3.476M. This whale had previously been inactive for 2.6 years, after selling 167B SHIB
The Shibarium community is known to show a spur of activity apart from being an active cornerstone for the memecoin sector. Shiba Inu, the second largest memecoin in the market often garners market attention with its burn rates spiking multifold. In recent times, as of the last 24 hours, the
Shiba Inu (SHIB) has witnessed a notable surge in transaction volume over the past 24 hours, with 1.8 trillion tokens changing hands, largely due to significant whale movements. This recent uptick is approaching the seven-day peak of 2.12 trillion SHIB recorded on August 21, suggesting a potential shift in market
The Shiba Inu (SHIB) cryptocurrency project plans to launch a Decentralized Autonomous Organization (DAO). It is initiated to empower SHIB holders to participate in the project’s governance. Lucie, marketing lead at the memecoin project, announced the plans for launching DAO on Aug 25 in an X post. The DAO aims
The global crypto market cap is briefly up by 2.72%, reaching $2.16T over the last day. Along with, the meme coin market is moderately priced in green, and several meme coins have spiked from their recent lows. Among them, the dog-themed meme coin, Shiba Inu (SHIB), has seen a price
Shiba Inu (SHIB), the world’s second-largest meme coin, has witnessed a significant decline in recent weeks, with its price falling by approximately 24% over the past 30 days. This drop has pushed its market capitalization below $8 billion, positioning SHIB as the 16th-largest cryptocurrency. Meanwhile, the coin’s burn rate—a critical
The meme coin market is priced green, and several meme coins have briefly spiked from their recent lows. Among them, the dog-themed meme coin, Shiba Inu (SHIB), has seen a price recovery of 2.45% over the past 24 hours. On the other hand, SHIB’s burn rate has been displaying a
Leading on-chain analyst, CryptoQuant’s author ‘binhdangg’ observed that 60% of the top 50 cryptocurrencies have lost their 2024 gains. Amid increasing liquations, leading tokens have shown significant price declines. Meanwhile, dog-themed meme coin Shiba Inu has exhibited notable price hikes in the last 24 hours. According to CMC data, the
