A top SHIB whale added $1.18 million worth of Shiba Inu within 24 hours. Data from Etherscan.io reveals that this whale ranked as the nineteenth largest SHIB holder accumulating 140 Billion SHIB. The whale acquired the SHIB tokens in two separate transactions marking its second massive accumulation within 72 hours. SHIB Token Burns And Shibarium…
In a display of token destruction, a single wallet has set the Shiba Inu (SHIB) community ablaze by destroying a significant amount of SHIB tokens. According to data from the Shiba Inu burn tracker, Shibburn, the Shiba Inu burn rate is currently up by 2,372% in the past 24 hours due to the burn from…
After a few days of stagnation, the Shiba Inu community seems to have picked up its token-burning mechanism. A report from Shiba Inu’s token burn aggregator, Shibburn, indicates that the SHIB Army has significantly raised the burning rates within the past 24 hours. The data showed that the community destroyed 50.18 million SHIB tokens in…
The Shiba Inu community remains passionate about controlling its price action by eliminating excess tokens in circulation through burn events as the community has continued to burn SHIB tokens. Recent data from Shibburn.com reveals that 3.05 billion SHIB got burnt in eight separate burn transactions in the past seven days. The latest statistics represent a 75%…
Shiba Inu remains one of the most popular meme coins but the performance of the cryptocurrency in the last year has been discouraging for holders. Despite remaining the second-largest meme coin, it has continued to decline in price and this has caused the asset to fall below very crucial support. And now that SHIB is…
While SHIB saw a slight price increase yesterday, the Shiba Inu community saw the emergence of a new large SHIB holder. The investor added $176,800,000 worth of Shiba Inu tokens, Etherscan data shows. On-chain data revealed that the whale accumulation happened in four consecutive equal transactions of 5 trillion SHIB tokens each. SHIB Records 5th…
The popular meme coin project, Shiba Inu, recently unveiled its plans to launch four captivating metaverse hubs later in 2023. A Shiba Inu marketing team member, Lucie Sasnikova, took to Twitter to share this highly anticipated news with the community. These upcoming metaverse hubs are poised to take the Shiba Inu ecosystem to new heights…
The price of Shiba Inu has been consolidating, leading to a downward trend. In the last 24 hours, SHIB has lost 2% of its value, and there has been limited movement on the weekly chart. This indicates a decrease in buying interest and an increase in selling pressure. The market for SHIB appears oversold, but…
Shiba Inu ‘burns’ dominate headlines in 2023 as more whale addresses participate in the event. Notably, the Shiba Inu community burnt a massive 3.03 billion SHIB tokens in 24 hours. Blaze token currently leads as the top burner on the network. This record burn occurred in two separate transactions. The burning mechanism aims to remove excess tokens…
The Shiba Inu community has remained consistent in burning SHIB tokens. In a week, it sent a whopping 1,748,403,277 SHIB tokens to the project’s dead wallet. The burning mechanism is part of the processes that the Shiba Inu uses to maintain stability in its ecosystem. It is a strong measure to reclaim the value of…