Memecoins dominated the cryptocurrency market in the first quarter of 2023, attracting immediate attention and fostering a positive market sentiment due to their humorous nature. However, the current situation has undergone a notable change. The market’s inherent volatility has made the past month less favorable for memecoins, leading the community
The Shiba Inu community is buzzing with excitement as the highly anticipated mainnet launch of Shibarium draws closer. Shibarium, a layer-2 (L2) blockchain network built on Ethereum, is generating high expectations among its community members. Lucie, an official representative of the Shiba Inu ecosystem, recently provided insights into the timing
In the midst of a highly volatile cryptocurrency market, Floki Inu (FLOKI) has flouted expectations and become a beacon of optimism for investors. As altcoins grapple with the challenges brought by the Securities and Exchange Commission’s (SEC) actions against major cryptocurrencies in the United States, the memecoin sector finds itself
The Shiba Inu (SHIB) market has been very active over the last 48 hours, with trillions of SHIB tokens moved by whales, the biggest investors. These key players have sold off a whopping 3 trillion Shiba Inu tokens since last Friday. The SHIB whales started this era with a total
On Monday, Swyftx, a cryptocurrency exchange based in Australia and New Zealand, announced that it will be listing the Bone ShibaSwap (BONE) token. The Shiba Inu ecosystem uses BONE, a token built on the Shibarium Layer-2 blockchain, as its governance and gas token. BONE’s (BONE) 3% decrease in trading volume
Puppynet, the Shibarium Beta Testnet, has witnessed a substantial rise in transaction volume in the past month. The latest reports indicate that Puppynet, the Shibarium beta, has reached a significant achievement by processing a total of 20,514,524 (20.51 million) transactions. Daily, the network handles an average of 491,994 transactions. Despite
Shytoshi Kusama, the enigmatic persona driving the Shiba Inu project, unveiled an exhilarating update on the progress of Shibarium. Consequently, the Shiba Inu community is eagerly bracing for new developments in the ecosystem. The upcoming “Something is Coming” trailer significantly highlights the ecosystem’s next breakthrough. Shytoshi Kusama just brought a
In the volatile world of cryptocurrency, Shiba Inu (SHIB) bucks the trend with an astounding 4,181% surge in its burn rate. This indicates a massive reduction of 256,266,011 SHIB tokens from circulation within the last 24 hours. The tokens are gone, sent off to a ‘dead’ wallet, as Shibburn data
The global cryptocurrency market dropped 5% over the last 24 hours, displaying the wild crashes of altcoins. Among them, Cardano (ADA), Solana (SOL), and Polygon (MATIC) recorded alarming price drops. Memecoins — Shiba Inu (SHIB) and Dogecoin (DOGE) — were also spotted on the list of cryptocurrencies that displayed startling
On Friday, Whale Alert claimed that 4 trillion Shiba Inu (SHIB) tokens, worth millions of dollars, were transferred from Shiba Staking to Binance, a cryptocurrency exchange. Community members are wondering whether the SHIB price would see another collapse after the big unstaking of Shiba Inu tokens. The Shiba Inu (SHIB)
