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
After the prolonged bear market, the year 2023 starts with a bull run in the cryptocurrency industry. Also, the Silicon Valley Bank’s failure, which led the stock markets to face heightened volatility, brought more attention to the digital market. And the global crypto market cap regained its $1.1 trillion cap.
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
Shiba Inu (SHIB), the second biggest meme currency, rose in value by 6% during the last day. After the recent bank failures in the United States, the positive momentum indicates a rebound. At press time, Shiba Inu was worth $0.00001170, according to statistics from CMC. The market cap of SHIB
The macroeconomy witnessed a cascade of bank failures – Silvergate, Silicon Valley, and now Signature – in the US economy. Since all these were crypto-friendly banks, the impact of their collapses caused significant declines in the crypto market. The sudden de-pegging of Circle-issued USDC is the evident aftermath of the
The largest cryptocurrency, Bitcoin ($BTC), starts the week with significant price changes. BTC soared more than 9.5% in the last 24 hours after plunging as low as the $19 range over the weekend. Also, the biggest altcoin, Ethereum ($ETH), rose by almost 10%. The price of Bitcoin is skyrocketing as
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,
After considerable buildup, Shiba Inu’s principal developer Shytoshi Kusama finally revealed that the beta test for Shibarium has gone live. A huge, worldwide, and decentralized community, the developer argued, required a decentralized layer 2 network. Introducing the Shibarium Early Public Beta! Find out about it, see the #shibthemetaverse WAGMI Temple
