Shiba Inu Smashes Records—1 Billion Transactions And Counting
The Layer-2 blockchain of a popular meme coin has achieved a remarkable feat processing over 1 billion transactions since its inception in 2023. The significant milestone attained by Shibarium, the Layer-2 blockchain of Shiba Inu, could be an indication of the growing adoption of the token within the cryptocurrency space. Related Reading: Could XRP Actually Reach $10,000? Expert Weighs In Shiba Inu Milestone: 1 Billion Transactions Reports disclosed that in less than two years, Layer-2 blockchain Shibarium has already made a mark in the crypto space after the token has processed its 1....
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Shiba Inu, a cryptocurrency that is a spin-off of dog-themed crypto Dogecoin, is counting on massive token burning rates to stop its decline. Over the last 24 hours, over 45 million SHIB Tokens were burned During the same time frame, Shiba Inu failed to increase its trading price Analysts think the asset might “die” by the end of 2023 But despite the destruction of around 410 trillion of its supply since its introduction to the crypto space, SHIB failed to make any kind of rally as it continues to paint its charts in crimson. Over the last 24 hours, there were over 45 million Shiba Inu....
Crypto whales are beginning to make moves in meme coins such as Dogecoin and Shiba Inu once again as the market retraces from its weekend surge. As a result of this, Dogecoin and Shiba Inu saw a notable spikes in their large whale transactions between Sunday and Monday, with the latter seeing a particularly large […]
Recent reports about Shiba Inu’s pseudonymous founder Ryoshi by the Shiba Inu community after tracking the founder’s wallet have sparked controversy within the Shiba Inu ecosystem. Shibburn Claims Ryoshi Holds $1 Billion In Shiba Inu According to an X (formerly Twitter) post by Shibburn, the Shiba Inu community-driven burn tracker, the burn tracker has claimed […]
Are Shiba Inu (SHIB) investors looking for the next big thing? The rise of a new gambling token, Mpeppe (MPEPE), priced at $0.00107, is drawing significant attention from the crypto community. With the potential for explosive growth, many Shiba Inu (SHIB) holders are shifting their focus to this promising new asset. Shiba Inu’s NVT Ratio: A Warning Sign? The Shiba Inu (SHIB) network value to transactions (NVT) ratio has seen a drastic increase, indicating a possible price correction. According to data from Glassnode, SHIB’s NVT ratio is currently outpacing the meme coin’s price,....
Shiba Inu whales have been stepping up their game recently as their volumes have risen exponentially. However, this has not always been a cause of celebration, especially given the directions that these large investors have been moving in. This is made obvious by the difference between the inflows and outflows of the holdings of Shiba […]