According to the SHIB burn tracker Shibburn, the Shiba Inu burn rate has increased by an astounding 13,198% during the last 24 hours. Whales’ comeback and the early 2023 release of the Layer-2 blockchain technology Shibarium are both factors in the high burn rate. The recent rise in volatility is
The cryptocurrency market started this week with a positive trend. The Shiba Inu’s Bone ShibaSwap ($BONE) trend indicates signs of a significant price spike due to the roadmap’s list of events anticipated for later this year. Shiba Inu ($SHIB) began as a basic meme token, but now SHIB’s developers have
The substantial reduction in the Shiba Inu (SHIB) circulating supply has been caused by the quantity of SHIB burnt in the recent hour. More tokens have been burnt in the past 24 hours than in the previous day. The Shibburn community burnt 1,500,000 SHIB tokens in a single transaction in
OKCoin Japan, a major exchange in the country and a branch of the global digital asset business OK Group, has announced that it would be listing Shiba Inu (SHIB) three days after first hinting at doing so. OK Group is a leader in blockchain technology development and service provision. OKCoin,
After a year of volatility in the cryptocurrency market, prices have started recovering in recent days. Yesterday, there was a significant increase. The coins are still trading in the green, prompting optimistic forecasts for the year-end. Shiba Inu prices have gained marginally in the last day. As of this writing,
Shiba Inu (SHIB), the memecoin being held in the Binance platform exceeds the amount of SHIB in Crypto.com. Recently, the crypto exchange Crypto.com mentioned around 20% of its reserve is occupied by the SHIB. The valuation of the SHIB is nearly $558 million. Whereas now, Binance holds 87 trillion SHIB
A big rally occurred in the cryptocurrency market as whales swooped in to purchase the dip. Over a trillion Shiba Inu tokens were traded in the previous 24 hours, and whales amassed more than a trillion of them. The decision seems to be made in response to an invitation from
In the midst of the turmoil caused by FTX’s insolvency in the cryptocurrency market, Litecoin (LTC) is starting to shine and climbed by over 45% this month, from $54 to $81. The bullish price momentum may be due to an improvement in its supply dynamics. The uptrend comes ahead of
Shiba Inu (SHIB), the meme token with a Japanese guard dog representation has become the talk of the town again. The dogecoin killer coin was one among the many other altcoins that suffered due to the fall of FTX.com. A few days back, whales shifted off nearly 1.5 trillion SHIB
The Biggest ETH Whale purchased almost 133,533,637,671 (133.53B) SHIB thereby increasing its Shiba Inu holdings. The total worth of the SHIB coins is $1.60 million and was bought in just one day. As a smart act, the Whale scooped these huge Shiba Inu coins in three separate transactions. The recent
