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 […]
Shibarium community burns 97M Shiba Inu tokens; no impact on SHIB supply
Shiba Inu’s Layer-2 network, Shibarium, recently witnessed the burning of 97 million SHIB tokens. However, this event did not affect the total supply of SHIB. The inaugural token burn on Shibarium was carried out by Shib CoOp, a metaverse real estate project managed by the community. This marked a significant milestone for the network and […]
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 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 […]
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 […]
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. […]
Shiba Inu takes hit after Shibarium bridge restart — what’s happening?
The value of Shiba Inu tokens has seen a decline as the Shibarium mainnet bridge restarts operations. The Shibarium team reported that withdrawals from the bridge would experience longer processing times. According to an update from lead developer Shytoshi Kusama, the bridge is now functioning optimally, but digital assets such as SHIB, Leash, WETH, and […]