In a recent revelation, Lookonchain, the on-chain analysis service, reported that Voyager Digital, the now-bankrupt crypto lending platform, has been offloading its crypto assets on Coinbase in recent days. Over the past four days, the defunct lender has sold 49 different crypto assets, netting approximately $63 million. For the SHIB army the most notable sale…
Shiba Inu, an Ethereum-based meme coin, is presently in the limelight as its burn initiative has witnessed a significant surge in its token burn rate in the past day, suggesting increased engagement from the community. Shiba Inu Daily Burn Rate Skyrockets Data from Shibburn reveals that the last 24 hours have seen a notable spike…
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XRP’s burn mechanism, which is a long-term supply control feature of the network, is now facing serious questions after daily burns are now at almost zero. Particularly, on-chain metrics from CryptoQuant show that the once-active burn activity that removed thousands of coins per day from circulation has virtually disappeared in recent weeks. This collapse in…
Shiba Inu, earlier today, witnessed a significant surge as it went up by almost 20%, pushing its spot trading price to $0.000014. Although it was immediately rejected entry to the $0.000015 marker, the asset managed to outperform other cryptocurrencies belonging to the top 10 list in that particular department, including Bitcoin and Ethereum. SHIB tallies…
Shiba Inu (SHIB) has emerged as a star player in the face of tumultuous currents in the crypto market, signaling a potential game-changing move on the horizon. Bolstered by a robust 28% surge in price over the past eight days, SHIB is now at the precipice of what traders refer to as a “Golden Cross,”…
Shiba Inu (SHIB) has sustained an impressive bullish streak over the past week, marking a significant upward trajectory in its value. With seven out of the last eight days showing positive growth, the meme coin has not only managed to reclaim a critical low of $0.0000076 it registered in December last year, but has also…
Este artículo también está disponible en español. Experts are confident that Shiba Inu could potentially undergo a massive price surge on the back of a positive overall outlook on cryptocurrency. Donald Trump’s victory in the recently concluded US election brings waves of optimism in the cryptocurrency market which SHIB Inu can ride on to propel…
Shibburn reported that 6,214,627 Shiba Inu tokens were destroyed over a 24-hour period, while the daily burn rate increased by 52.66%. At the same time, a technical setup highlighted by a TradingView analyst suggests that SHIB may be approaching an important test of its broader bearish structure. The developments are relevant to the near-term Shiba…