Shiba Inu (SHIB) is in a crucial make-or-break moment. Following a market-wide altcoin slump, SHIB’s price action is being shaped by two opposing chart patterns, both of which could have significant implications for the price’s future. A Tale Of Two Patterns For Shiba Inu The 1-week chart for SHIB reveals a tale of two patterns.…
In an exciting development for the Shiba Inu community, the top developer working behind the scenes has unveiled another project before the launch of Shibarium. The lead developer introduced their newest innovation, ‘Shibacals,’ bringing them one step closer to their ambitious vision. Shiba Inu enthusiasts and investors can anticipate even greater possibilities with this new…
Shiba Inu (SHIB) is the second largest meme coin and has a special feature compared to Dogecoin: token burns. Hardly any other topic is discussed more frequently in the SHIB community (besides Shibarium) and causes confusion in the process. Everywhere you can read: “Billions of SHIB burned, this is what happens to the price”. But…
Shiba Inu, an Ethereum-based cryptocurrency, is bolstering its commitment to driving its ambitious goals in the crypto industry by appointing a new tech advisor. The move will see Alpha Transform Holdings (ATH) providing expertise and advice to the Shiba Inu DAO Foundation. Strategic Partnership with Alpha Transform Holdings In a Twitter post released by Lucie,…
Excitement is building within the Shiba Inu community as the highly anticipated launch of Shibarium, the layer-2 scaling solution, draws near. Shytoshi Kusama, the pseudonymous project lead developer, recently addressed the upcoming launch, emphasizing the importance of sticking to the planned strategy and timeline. Kusama’s confident statements have further fueled anticipation among enthusiasts. Shibarium Is…
Shibarium is one of the most anticipated projects, mainly in the Shiba Inu community; most SHIB community members are eager for the launch as it could be enough of a catalyst to pump their SHIB bags. Latest on the news about the layer two blockchain scaling solution, the developers announced via a short thread on…
SHIB token burn rates are seemingly rising on the Shiba Inu network. The current number of Shiba Inu burn trackers is quite surprising. However, data shows it is due to the degenerative performance of the SHIB burning machine. On-chain data shows that the SHIB burn rate observed a massive 1682.07% increase over the past 24…
Shiba Inu’s layer-2 network, Shibarium, has suffered a significant decline in its daily transaction metric, providing a bearish outlook for the top meme coin. This comes as the SHIB price looks to stage a rebound alongside the broader crypto market. Shiba Inu’s Shibarium Suffers Crash In Daily Transactions Shibariumscan data shows that daily transactions on…
As the Shibarium launch draws near, the popularity of the blockchain’s native token, BONE, has been on the rise. In today’s announcement, Singapore-based Exchange BingX announced the listing of BONE trading pairs (BONE/USDT) on the beta version of its BingX Spot platform. The exchange said that the deposit and withdrawal service of the BONE token…
While the Shiba Inu (SHIB) price has been stagnant since mid-November, the latest cryptic news from the meme cryptocurrency’s lead developer could provide fresh fuel for a rally. As the SHIB community observed, Shytoshi Kusama has once again updated his profile. The Shiba Inu lead developer’s status now reads “We Are Not Alone.” In addition,…