Shiba Inu has been working very hard on many different initiatives and improvements for its user base. The release of Shiba Eternity, its first game, was a smashing success. According to the most up-to-date information, over a million transactions have been performed on Shibarium’s testnet since the introduction of “Puppynet.”
Due to this year’s strong performance of the Bitcoin price, the total cryptocurrency market cap, excluding BTC, has underperformed. The technical indicators for the total crypto market cap are encouraging. TheNewsCrypto looks into some of the most important cryptocurrency predictions for April. Further, altcoins finally catch up to Bitcoin’s pace.
Active addresses on Shiba Inu surged over 240% in the last 48 hours. This is one of the most significant hikes after the Shibarium beta launch. Significantly, the network recorded its 3-month-high on Tuesday by registering the activity of 15.6k addresses. The memecoin network has begun sustaining its bullish trajectory
The crypto market managed to wobble through the bank crisis in the United States, which gradually spread into other parts of the world. Shiba Inu’s price remains stable, with the buyer congestion at 0.00001 holding the price. Adding to the bank crisis, the U.S. Federal reserve announce that increase in
The global crypto market seems to be recovering from the prolonged bear market. And the traditional banking crisis gives positive movements to digital assets and gains investors’ attention. There are thousands of different cryptocurrencies, ranging from the two largest, Bitcoin and Ethereum, to prominent altcoins like Dogecoin and Tether circulating
The Shiba Inu team officially released the public documentation of the layer 2 solution Shibarium. The SHIB project brands Shibarium as the Shiba Inu ecosystem’s “low-cost blockchain solution” for the community. There have been ample FUDs and speculations revolving around Shibarium Beta. Recently, a pseudonymous Chain ID launched on Puppynet
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 SHIB burn rate has increased by an incredible 8517% in the previous 24 hours, as reported on the Shibburn website. Within the last 24 hours, 763,406,271 $SHIB tokens have been burned. A measure of how quickly SHIB tokens are destroyed or withdrawn from circulation is known as the burn
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
