TL;DR Shiba Inu (SHIB) has shown signs of recovery with increased token burning and higher transaction activity on the Shibarium network. However, some bearish indicators, like declining network growth and fewer investors in profit, could limit this momentum. The Odds for a SHIB Rally The popular meme coin Shiba Inu has underperformed in the past…
TL;DR A blockchain-based game within the Shiba Inu ecosystem, is now available on iOS, allowing players to use their Shiboshi NFTs in missions and battles. Recently, the SHIB team upgraded another game within the ecosystem called Shiba Eternity. iPhone Users Get Ready According to an announcement by PlayWithShib, Agent Shiboshi (a game developed as part…
High centralization can lead to increased influence by a few entities, potentially undermining the decentralized ethos that crypto strives to uphold. However, centralization continues to be a major bone of contention in space. As such, popular project tokens – Polygon (MATIC) and Shiba Inu (SHIB) – have emerged as the leading examples of high concentration…
August 30, 2024 at 11:30 PM GST updated: August 30, 2024 at 10:20 PM 2 mins read News Shiba Inu (SHIB), a cryptocurrency which is centered around memes, has drawn a lot of interest from the cryptocurrency community. Its burn rate increased by an astounding 28,000% today. Read CRYPTONEWSLAND on google news As a result,…
TL;DR Kraken added Shiba Inu as collateral for futures trading, enhancing its support for the popular meme coin. Robinhood and Coinbase have also enabled new trading services for SHIB earlier this year. SHIB’s Adoption on the Rise The US-based cryptocurrency exchange Kraken officially listed Shiba Inu (SHIB) on its platform in November 2021. Since then,…
TL;DR SHIB’s burning mechanism skyrocketed in the last 24 hours, with almost 100 million tokens removed from circulation. One large transaction comprised over 99% of the entire burned stash. The Latest Spike After several days of recording less activity than usual, Shiba Inu’s burning program exploded once again. Data shows that the burn rate skyrocketed…
XRP, SHIB, and TRX had a difficult start this week, but buyers may be returning. Chart by TradingView 1. XRP Price Prediction XRP’s price fell by almost 10% at the start of the week, but buyers have been returning since yesterday. At the time of this post, the cryptocurrency is in green and may attempt…
TL;DR Numerous major cryptocurrencies and meme coins suffered significant losses following a decline of the entire market in the past several hours. Dogecoin (DOGE) and Shiba Inu (SHIB) are among the affected, and the SHIB burning mechanism has recently stalled its progress. The Pullback The cryptocurrency sector experienced a severe correction in the last 24…
Crypto Live News Author: Nidhi Kolhapur Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain. Aug 28, 2024 14:20 While SHIB has faced a massive price decline overnight, following Bitcoin’s crash, Shiba Inu’s marketing lead, Lucie,…
August 28, 2024 at 02:17 AM GST updated: August 27, 2024 at 08:46 PM 3 mins read News Shiba Inu’s ShibTorch auto-burn on Shibarium has triggered a surge in large transactions, reflecting growing network activity and user confidence. Solana’s rising TVL in its DeFi ecosystem signals bullish momentum, with the price poised to climb as…
TL;DR Shibarium has processed over 6.5 million blocks and is close to reaching 420 million transactions despite a recent decline in daily activity. Over the past year, the network underwent key upgrades, including a new UI, a hard fork, and a burning mechanism to reduce SHIB supply. Shibarium’s Latest Achievement The number of total blocks…
TL;DR Shiba Inu (SHIB) is moving toward greater decentralization by launching a DAO. The anonymous developers of the meme coin announced they will step back by the end of 2024, handing full control over to the community to further empower decentralized governance. Shia Inu’s Next Step The popular meme coin – Shiba Inu (SHIB) –…
Former Goldman Sachs analyst Murad Mahmudov predicts that Shiba Inu (SHIB) will surpass Dogecoin (DOGE) in the next crypto bull cycle, challenging the perception that Dogecoin is unbeatable. Despite facing a significant correction, Shiba Inu’s development team is actively building its ecosystem, including the recent beta launch of the Web3 game Shiba Eternity. Murad Mahmudov,…
TL;DR Shibarium has processed over 418 million transactions and implemented key upgrades, including some hard forks to enhance network performance. The network introduced a burn portal to reduce SHIB supply, with BONE tokens playing an essential role in the process. Happy Birthday, Shibarium Shibarium is a layer-2 blockchain solution built on the Ethereum network, specifically…
In the ever-evolving cryptocurrency market, the investment choices of Bitcoin whales – large-scale holders of Bitcoin – often signal important trends. Recently, these influential investors have shown significant interest in several altcoins, each offering unique value propositions. This analysis explores six cryptocurrencies that have caught the attention of Bitcoin whales: Pawfury (PAW), Polkadot (DOT), Kaspa…
August 24, 2024 at 09:23 AM GST 2 mins read News SHIB breaks out of a Falling Wedge pattern, signaling a potential 432% price surge. Analyst Javon Marks suggests SHIB could hit a target of $0.000081 soon. A confirmed bullish divergence strengthens the case for a significant upward trend. Shiba Inu (SHIB) appears poised for…
August 22, 2024 at 08:00 PM GST updated: August 22, 2024 at 06:48 PM 2 mins read News Shiba Eternity is Shibarium’s first Web3 game, marking a shift from meme coins to a utility-based ecosystem. Shibarium has processed over 417 million transactions and managed 1.8 million wallets in its first year. The SHIB token saw…
TL;DR Shiba Eternity is a Web3 game with NFT-based cards and competitive tournaments, currently in closed beta with ongoing updates. Users are cautioned against phishing scams following the game’s beta launch. The Game’s Features Shiba Eternity is a Web3 game developed as part of the Shiba Inu (SHIB) ecosystem. It allows players to collect, trade,…
TL;DR ADA’s price has increased by 9% ahead of the upcoming Chang Hard Fork upgrade set for August 27. Shiba Inu has gained additional support from Kraken, which added SHIB/EUR to its margin trading program. Bitcoin’s price has been volatile, hovering between $57,000 and $61,500, currently trading at approximately $60,800. Cardano’s Upcoming Update Cardano’s ADA…
This week, XRP, SHIB, and TRX entered greed territory. TRON took the lead with an impressive 27% price increase. Chart by TradingView 1. TRON/USD In a surprising turn, TRX is approaching its all-time high at 18 cents. This is a key target for the current rally, which has made the chart bullish. This latest push…
TL;DR Kraken added new EUR margin pairs, including SHIB/EUR, offering more trading options for European users. SHIB is gaining wider support, while the meme coin community aims to take control by the end of 2024. More Support for SHIB and Other Altcoins One of the leading US-based cryptocurrency exchanges, Kraken, expanded the list of margin…
August 20, 2024 at 08:10 PM GST updated: August 20, 2024 at 07:01 PM 2 mins read News Shiba Inu faces bearish trends due to negative market sentiment and economic concerns.  Regulatory fears and FUD have driven down SHIB’s trading volume and price.  SHIB’s technical analysis shows weakness, with key support levels under pressure. Shiba…
TL;DR Shytoshi Kusama and Kaal Dhairya emphasized that the strength of Shiba Inu lies in its community, not individual leaders, maintaining anonymity to uphold this principle. The developers plan to hand over control to the community by the end of 2024 to enhance decentralization. ‘Let The Mask Remain Famous’ Shiba Inu (SHIB) – the second-largest…
Crypto Live News Author: Nidhi Kolhapur Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain. Aug 20, 2024 20:34 As per the data shared by the Shibburn tracker, the burn rate of SHIB has shot up…
The market opened today in green and SHIB is keen to break higher. Key Support levels: $0.000011 Key Resistance levels: $0.000014 1. SHIB Turns Bullish After a long consolidation in August, SHIB appears to have found a bottom and is ready to explore higher levels. The support at $0.000011 held well and now bulls are…
TL;DR Cat-themed meme coins surged, leading a meme coin rally that pushed the sector’s market cap above $40 billion. Dogecoin (DOGE) also headed north, potentially boosted by Elon Musk’s recent Dogecoin-related post. Cat-Themed Memes Lead the Pack After a prolonged period of underperforming the meme coin sector has once again headed north. Its market capitalization…
TL;DR SHIB’s price fell 26% in 30 days, with a 90% decrease in its burn rate, hinting at potential further declines. Shibarium also introduced a burning mechanism which differs from the original one. Another Worrying Sign The second-largest meme coin has underperformed lately, with its price falling by approximately 26% on a 30-day scale. Its…
TL;DR Ripple was fined $125 million for violating certain securities laws, and while the company sees it as a victory, the SEC might appeal. SHIB’s valuation has dropped over 25%, with signs of declining investor interest and reduced whale activity. Despite a 12% price decrease, analysts suggest Bitcoin (BTC) may soon break out and reach…
Scams in the cryptocurrency industry are nothing new and the meme coin community, especially, has long been a target of wrongdoers. The Shiba Inu team has come up with another critical warning, trying to protect its users from exploiters who try to drain their wallets by prompting various actions. In a recent update, the Shiba…
The broader meme coin category has declined throughout the past seven days, charting a drop of almost 8% across all the coins that are tracked (on CoinGecko). And while DOGE and SHIB are not amongst the worst performers, they are still down more than 7% on the weekly. The last 30 days have been quite…
Blockchain technology is unique! Where else can you track the holdings of big investors in real time, check out their latest moves, portfolio values, and more? We’ve decided to dabble into some of the larger holders of one of the most popular meme coins in the market – Shiba Inu (SHIB) and stumbled upon an…
Amid the ongoing challenges in the cryptocurrency landscape, an analyst has shared a bullish outlook for Shiba Inu (SHIB). In a post on X (previously Twitter), the analyst noted that SHIB is on the verge of breaking out of a massive bullish falling wedge price action pattern on a daily time frame. Shiba Inu Near…
According to Santiment analysts, the cryptocurrency Shiba Inu (SHIB) has experienced an increase of around 9% from its recent low on Friday. After reaching its highest value in October 2021, the coin has witnessed a significant decline in market capitalization, losing approximately 90% of its value amidst the current bearish trend in the cryptocurrency market….
In a positive development, SHIB has seen a surge of 1.94%. The Shiba Inu project has hinted at an upcoming update that holds the potential to surprise and captivate the global community. Shiba Inu (SHIB) Gains Bullish Momentum Ahead of Upcoming Surprise: Shiba Inu (SHIB) is currently experiencing a bullish market sentiment as crypto investors…
In the past 24 hours, Shiba Inu has seen a 1.34% increase in value. BONE, on the other hand, has witnessed a remarkable surge of over 30% in just one day. Shiba Inu and the upcoming Shibarium network have captured significant attention in the cryptocurrency space, leading to lively discussions among industry participants. The development…