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 A measure of how quickly SHIB tokens are destroyed or withdrawn from circulation is known as the burn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
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
