Shiba Inu’s burn rate skyrockets by 5600% after positive market conditions

The burn rate of Shiba Inu, a significant meme coin and the second largest in the cryptocurrency market, has experienced a dramatic increase of 5600%, attracting considerable attention. The development team behind Shiba Inu has been actively focusing on initiatives like the Shiba Inu Burn, showcasing their commitment to the coin’s advancement. The Shiba Inu […]

Shiba Inu attracts massive $444,000 investment from anonymous whale

A significant anonymous investor recently snapped up $444,000 of Shiba Inu (SHIB), fueling intrigue as SHIB prices surge. The transaction data shows that the unidentified whale account procured 60 billion SHIB in a single transaction. This purchase increased the wallet’s total holdings to over 73 billion SHIB, valued at $541,350. Interestingly, this account made its […]

Shiba Inu burn rate skyrockets by 400% after robust price performance

The Shiba Inu cryptocurrency continues to make waves, with its burn rate spiking by 400% amid a positive price trajectory. The Shiba Inu burn rate has seen an impressive surge. The development team behind Shiba Inu, the second-largest meme coin in the crypto market, has been actively pushing initiatives such as the burn rate program, […]

Shiba Inu’s Shibarium sees new account surge by 222% despite price struggles

In a recent development, Shiba Inu’s (SHIB) Shibarium layer-2 network has experienced a notable uptick in new accounts, despite the cryptocurrency’s ongoing price struggles. As per data on Shibarium, active Shibarium accounts have risen by 55.35% while new accounts have soared by around 222%. This surge translates to around 116 new accounts being created daily, […]

Shiba Inu (SHIB) hits milestone as Shibarium surpasses one Million blocks

The popular digital currency, Shiba Inu (SHIB), has marked another significant achievement with its recently launched blockchain solution, Shibarium, surpassing one million blocks. ShibariumScan confirmed the milestone, indicating a rising demand for scalable features within the blockchain solution. Just a few weeks prior, the Layer-2 network reached another peak with over three million transactions, and […]

Shibarium network hits 3M transactions but SHIB and BONE tokens struggle

The Shibarium network, an integral part of the Shiba Inu [SHIB] ecosystem, has hit 3 million transactions, yet the SHIB and BONE tokens are experiencing declines. The Shibarium network, despite its transaction landmark, has seen a decrease in active accounts and daily new accounts over the past month. Shibarium had a total of 26,691 accounts […]

$33 million worth of Shiba Inu (SHIB) transfer by whale trader stirs crypto world

A colossal transfer of Shiba Inu (SHIB) tokens has been carried out by a deep-pocketed trader, sparking intrigue in the crypto community. As data from whale-surveying platform Whale Alert reveals, a so-called Shiba Inu ‘whale’ has abruptly shifted an astronomical 4,584,530,677,374 SHIB tokens, approximating to $33 million. This massive amount was moved out of Bitvavo, […]

Dubai investor rues early exit from Shiba Inu investment; misses out on $70 million

A Dubai-based investor lost out on a potential fortune of $70 million due to a premature exit from his Shiba Inu investment in 2020. A investor had acquired Shiba Inu tokens worth $4,000 in August 2020, accumulating nearly 5 trillion SHIB tokens. Yet, discouraged by SHIB’s underwhelming performance throughout 2020, he sold his holdings at […]

Is Investing $100 Weekly In Shiba Inu Post-Ath Profitable?

An analysis reveals that Shiba Inu (SHIB) investors who started investing $100 weekly after its all-time high (ATH) in 2021 would be at a loss today. This is according to a report by Watcher Guru, published on Thursday. The Shiba Inu cryptocurrency, launched in August 2020, skyrocketed by a stunning 8862274% till October 2021. Early investors have reaped immense […]