Undeniably, the beta launch of Shibarium did cause an uproar among the crypto community. Crypto Twitter predominantly became the chief ground that contained the hype. In spite of this, the Shiba Inu network or its token SHIB did not register any significant growth. Notably, the number of new SHIB investors
The dog-themed memecoin Shiba Inu (SHIB) witnessed a massive whale transfer since its Shibarium beta release. Over “25 trillion SHIB tokens” worth around $263 million have left a major crypto exchange Crypto.com to an Unknow wallet with various transactions. Also, the transaction has not yet been noticed widely and led
The top 100 whales having Ethereum (ETH) wallets are holding more ETH, USD Coin (USDC), and Tether (USDT), followed by Shiba Inu (SHIB). As per the data from WhaleStats, among the top 10 holdings, three stablecoins can be witnessed. If the number of tokens is taken into consideration, the first
The excitement over the launch of Shiba Inu’s “Shibarium” was put on hold. Last week the dog-themed meme coin debuted its much-anticipated layer-2 blockchain Shibarium Beta, “PuppyNet”. Before the beta version was released, SHIB Army sparked ‘Crypto Twitter’ with massive price surges, but over the days, SHIB’s price declined by
The last 24-hour window recorded its largest Shiba Inu whale transfer after the Shibarium Beta launch. Reportedly, 800,215,912,624 SHIB, worth $8.2 million at press time, was transferred from Shiba Staking to an anonymous wallet. 🚨 800,215,912,624 #SHIB (8,230,620 USD) transferred from Shiba Staking to unknown wallethttps://t.co/EAryhzbrQ0 — Whale Alert (@whale_alert)
Reports from SXSW 2023 conference in Austin reveal that the SHIB booth is a “popular spot in the hall”. Shibarium, the layer-2 protocol for the Shiba Inu (SHIB) ecosystem release of beta version last weekend was also a push for the spotlight. On the SXSW 2023, “SHIB, The Metaverse” was
Following the Fed’s CPI data release on Tuesday, the global crypto market is rebounding by displaying bullish rallies. Since the onset of 2023, memecoins and AI-based crypto tokens dominated the trending lists on Twitter and various aggregator feeds – CoinMarketCap and Coingecko. Significantly, Bitcoin and Ethereum reclaimed the ranks and
Since heightened volatility during pre-market hours on Monday, significant bank stocks have been suspended in the wake of Silicon Valley Bank’s demise. That led equities to witness a crucial selloff. Also, the shares of First Republic Bank dropped by more than 60% due to a cascading effect from the second-largest
The macroeconomy witnessed a cascade of bank failures – Silvergate, Silicon Valley, and now Signature – in the US economy. Since all these were crypto-friendly banks, the impact of their collapses caused significant declines in the crypto market. The sudden de-pegging of Circle-issued USDC is the evident aftermath of the
Shiba Inu’s developer Shytoshi Kusama finally made the much-anticipated announcement on Sunday that the beta version of Shibarium is now attainable to the general public. According to Kusama, a large, worldwide, and decentralized group required a decentralized Layer 2 network. Due to the presence of Shibarium as a layer-2 protocol,
