The Shiba Inu layer-2 network Shibarium enjoyed significant success at the end of 2023, crossing several milestones in the process. However, the network looks to be experiencing a cooling-off period following a significant drop in the number of transactions. Shiba Inu (SHIB) also looks to be affected by this development following a notable decline in…
Through the rips and dips of the crypto market, the Shiba Inu price has been able to maintain a rather consistent bullish momentum, something that cannot be said for a lot of cryptocurrencies. Given this sustained bullish sentiment, the meme coin is primed to be one of the assets to see a massive rally as…
Shiba Inu’s price action has been on a consolidation activity since the beginning of the week. However, the Shiba Inu community has ramped up SHIB burn activities in the past 24 hours, pushing the burn rate up by more than 2,700%. What this means is that SHIB holders have been sending large amounts of the…
Shibarium, the Layer-2 blockchain linked to the widely recognized meme coin Shiba Inu, is making notable strides. Recent data indicates a significant uptick in user engagement, marked by a substantial increase in both transactions and wallet growth. The Shibariumscan explorer reveals that daily transaction volume on Shibarium has reached roughly 7.84 million, reflecting a steady…
Amid the joyous mood of the festive season, the Ethereum-based meme coin, Shiba Inu has witnessed massive whale activity over the past 24 hours, causing speculation around the crypto community. Shiba Inu Sees Substantial Whale Activity A recent report revealed that a Shiba Inu whale has moved about 4 trillion SHIB tokens to an unidentified…
The Shiba Inu burn initiative begins the week with a positive sentiment as the project has witnessed a significant increase in its token burn rate over the last 24 hours. Shiba Inu Burn Rate Sees Notable Uptick On Monday, December 25, over a 5,000% increase in the last 24 hours has been observed in the…
As the bull market returns, market intelligence platform Santiment has provided some insights into altcoins that one should keep an eye on. This comes as other altcoins like Solana (SOL) and Cardano (ADA) are already leading the way on the back of a significant rally from both tokens. Four Altcoins To Keep An Eye On…
Shibarium, the Shiba Inu Layer 2 network, has been marking milestone after milestone over the last few weeks. The initial growth spurt which some believed was temporary has proven to have more steam than expected, and now the network has reached a momentous milestone. Shibarium Crosses 150 Million Transactions After its initial launch, the Ethereum-based…
Amid the current bearish sentiment around the cryptocurrency market, the popular Ethereum-based meme coin Shiba Inu has taken a positive step by partnering with internet domain company D3 Global. Significance Of Shiba Inu’s Partnership With D3 Global The team revealed its partnership with the internet domain name company in its latest version of the SHIB…
Shiba Inu bulls continue to struggle to hold on to gains from the last week despite losing their hold at the $0.00001 level. This shows a commitment to pushing the price of the meme coin even higher at a time when large cap altcoins are not really getting much attention. Given this, the SHIB price…