The memecoin sector has taken over the crypto market in recent days. The arrival of new memecoins and their remarkable price surge have made a great impact in the crypto space. It also increased the popularity of memecoins. Adding to that, Shiba Inu (SHIB), the popular memecoin, has witnessed a
In recent years, Shiba Inu have gained more and more popularity, and as a result, the SHIB army community has grown to be a powerful force. This increase in popularity is the result of a number of developments, which have elevated it to the position of the second-largest meme coin.
SHIB, the popular cryptocurrency, has surpassed PEPE in terms of trending searches on LunarCrush, raising hopes of a potential rally. Despite SHIB’s positive on-chain metrics, some market indicators still point to a bearish trend. While SHIB outperformed the meme-inspired PEPE, signaling its growing popularity within the crypto community, it remains uncertain
The so-called “Dogecoin Killer” Shiba Inu continued to trend; even new meme coins, such as PEPE and Milady Coin, appeared to have more attention. Hence, Shiba Inu’s total burn rate skyrocketed by more than 26450% in the last 24 hours. Over 3 billion SHIB tokens were burned in a single
Shiba Inu (SHIB), has experienced a massive $3 billion transfer of tokens to a dead wallet, causing an extraordinary surge in the burn rate by a staggering 26,388.06%. Despite the significant impact on SHIB’s circulating supply, the cryptocurrency remains resilient, showing a 1% gain in the past 24 hours. 🔥🔥🔥
On May 12, Elon Musk announced that he was going to step down from the Twitter CEO post and appointed Linda Yaccarino as the new CEO. After the announcement, some crypto users spotted that Yaccarino follows Shiba Inu’s (SHIB) Twitter account. The talks started around the crypto market about the
Shiba Inu, the meme-inspired cryptocurrency that skyrocketed to fame earlier this year, has continued to captivate the attention of investors. With a current market capitalization of $5.16 billion and a fully diluted market cap of $5.17 billion, the token has maintained its position as the 15th largest cryptocurrency by market
Shiba Inu (SHIB) has been making waves in the cryptocurrency market lately. The cryptocurrency, created as a joke in 2020, has gained immense popularity due to its low price and high supply, making it an attractive option for retail investors. Recently, SHIB witnessed its highest weekly trading volume ever, with
Shiba Inu (SHIB) has been experiencing significant selling pressure in recent weeks. After hitting $0.00001018 in early May, the token has been on a downward trend, causing concern among its investors. At the time of writing, SHIB was trading at round $$0.000008885 , a far cry from its all-time high
Over the last day, an incredible $1,695,572,371 ($17,000) of SHIB has been burned to limit the circulating supply and boost its value. This action reduced the circulating supply of SHIB significantly, causing its value to skyrocket. BREAKING ‼️ Someone just burnt an astounding 1.69B ($17,000) $SHIB in one transaction. 🔥https://t.co/qyEG2xaPEm
