The $8,000 Bet That Became A $5.7 Billion Fortune In Shiba Inu Cryptocurrency
An investor who initially put $8,000 into the Shiba Inu [SHIB] cryptocurrency is now worth an impressive $5.7 billion. This remarkable story started in August 2020 when the investor committed $8,000 to SHIB. By October 2021, SHIB had experienced a significant surge, reaching a peak value of $0.000086158837. This spectacular growth, which represented a 7,000,000% […]
Shiba Inu dummy token CAL is the talk of the town — amasses $4M in volume within hours
Developers of the Shiba Inu accidentally introduced a dummy token called Calcium (CAL) on Friday, for testing purposes. While the token was not intended to be traded, some opportunistic traders jumped in, hoping to capitalize on the situation. Surprisingly, a group of Shiba Inu community members who claimed to have lost money saw potential in […]
Shibarium achieving milestones with 3 million transactions on Shiba Inu’s layer-2 Blockchain
Shibarium, the Layer-2 blockchain for Shiba Inu, is achieving significant milestones with nearly 3 million transactions on its mainnet. With a daily transaction rate of close to 200,000, Shibarium boasts a smooth operation and a 5-second average block production time, even in the face of high demand. The blockchain currently has over 1.2 million active […]
Crypto Turmoil: Majority of SHIB and other crypto investors are in the Red
The recent crypto market downturn has left a significant number of investors in Shiba Inu (SHIB) and other cryptocurrencies with losses. Data from IntoTheBlock reveals that 83% of SHIB investors are currently in the red, despite the launch of Shibarium last month. SHIB’s price has dropped by almost 6% in the last seven days, trading […]
SHIB whales make waves with $100 Million worth of tokens collected in a week”
In the past week, whales holding Shiba Inu (SHIB) tokens accumulated over $100 million worth of the meme coin, according to market intelligence platform IntoTheBlock. Significant spikes in SHIB’s netflow were observed since the last week of August 2023. Whale Alert, a blockchain tracker and analysis system, reported multiple large transactions involving SHIB. One whale […]
Shiba Inu ecosystem sees surge in value as 9.2 Million SHIB tokens burned
In a recent update for the Shiba Inu ecosystem, the lead developer, Shytoshi Kusama, has confirmed the development of a burn portal. This announcement coincided with the burning of over 9.2 million SHIB tokens in the past 24 hours. The burn portal is currently in progress and is being developed by the Shibarium team. Kusama […]
Shiba Inu prices tumbles to Pre-Shibarium Levels
Following a brief post-Shibarium relaunch rally, Shiba Inu (SHIB) prices have retraced to their pre-Shibarium levels, losing nearly 10% of their value. On August 28, SHIB surged to $0.0000084 when Shibarium, a layer-2 solution for the Shiba Inu ecosystem, reopened its bridge. This increase in value was fueled by an uptick in demand, as data […]
Shiba Inu’s Shibarium Sees Explosive Growth with 500k wallets and $1.42M TVL
The Shiba Inu cryptocurrency, known as SHIB, has witnessed a surge in activity on its Layer two (L2) ecosystem called Shibarium. The number of addresses using Shibarium has almost reached 500,000, indicating impressive adoption within the Shiba Inu ecosystem. Despite a period of minimal traction, the recent hike in addresses and transactions has also impacted […]
Who is the real founder of Shiba Inu?
According to a X (Twitter) account named @TruthLabs, they believe that the anonymous founder of Shib is a combination of two individuals: Ryo Suzuki and Tsuyoshi Maruyama. Both of them are advisors to the B2C2 Group. Interestingly, Ryo Suzuki resigned as an advisor from B2C2 Group on April 27, 2021, which happened to be the […]
Shibarium’s wallet surge and BONE listing steal the spotlight
Shibarium, the Layer-2 network of Shiba Inu, has achieved significant milestones since its public relaunch. The blockchain explorer, ShibariumScan.io, now detects over 336,000 wallets and half a million transactions. This development has positively impacted the value of Bone ShibaSwap (BONE), Shibarium’s gas fee token, which has seen a 7% increase in price in one week. […]