SHIB

The Shiba Inu (SHIB) burn rate is again under the radar following a drastic decline in the number of tokens burned. This development is significant considering the impact that these token burns are known to have on the meme coin.  Shiba Inu Burn Rate Crashes By Over 99% Data from the burn tracking website Shibburn shows that Shiba Inu’s burn rate has declined by 99.44% in the last 24 hours. Only 120,888 Shiba Inu tokens have been burned during this…

Popular crypto analyst SHIB Knight has said Shiba Inu could touch $0.0001 this June.  Shiba Inu’s recent price action suggests a resilient market sentiment. Shiba Inu (SHIB) has shown signs of recovery after a brief dip, sparking optimism among analysts who foresee a significant price surge. The meme coin recently hit a daily high of $0.00002519, marking a 4.57% increase from its low of $0.00002409. This rebound has reignited speculation about SHIB’s potential to reach unprecedented heights. SHIB Knight’s Bold…

The post SHIB Inu Whale Buys Additional 715B SHIB Tokens appeared first on Coinpedia Fintech News The SHIB price rose nearly 10% today amidst a significant whale accumulation. An early SHIB investor, who had gained $145 million in profits, has re-entered the market after two years as the entity in the past five hours purchased 715.8 billion SHIB for $18.5 million which significantly pumped the Shiba Inu price. The recent whale activity comes after a massive spike in SHIB burn…

Amid the current market dynamics, Cardano (ADA) and Shiba Inu (SHIB)  price movements are bearish, making their investors turn to promising Rollblock (RBLK), an emerging altcoin set to skyrocket drastically after Tier-1 listing in Q3. Just in its presale stage 2, with a fully-fledged live casino, Rollblock has an advantage over its peers. With a robust presale performance and higher growth potential, experts see the price of RBLK jumping by 880%, cementing its position among the best coins to invest…

Over 417 million transactions and 1.8 million unique wallets highlight growing adoption. 310% increase could set the stage for a potential SHIB price recovery. Following recent advancements highlighted in CNF’s previous report, Shibarium has processed over 417 million transactions and surpassed 1.8 million unique wallet addresses. The report pointed out that the Shiba Inu burn rate skyrocketed by 310%, with potential for SHIB price recovery. These figures highlight the expanding use and adoption of Shibarium in the crypto ecosystem. In…

New York, USA, June 3, 2024 – PawFury (PAW), the innovative memecoin that blends entertainment with real-world environmental impact, has achieved a remarkable milestone in its ongoing presale, raising over $3 million. This unprecedented success has left investors both surprised and eager, with many predicting PawFury to be the next big memecoin sensation, following in the footsteps of Pepe and Shiba Inu. PawFury Smashes Presale Records In a market saturated with various cryptocurrency projects, PawFury has managed to distinguish itself…

Shiba Inu’s burn rate doubled over the weekend as the ecosystem celebrated a critical upgrade to Shibaroum that reduced bridging time to 45 minutes from seven days. This comes exactly three years since Vitalik Buterin burned 410 trillion SHIB, worth $6.7 billion, by sending them to a dead wallet, a historical event that kickstarted the memecoin. Shiba Inu’s burn rate significantly spiked over the weekend following a critical upgrade to the Shibarium network, which the market expects will kickstart a…

A renowned crypto analyst predicts that Shiba Inu will break out from the current “intermission” phase to surpass its all-time high price. Another analyst identified as Ashish has predicted that the asset could surge to $0.00008089 by June 24, 2024, and has marked $0.000022 and $0.000025 as the buying zone.  Crypto analyst Javon Marks makes a good case for Shiba Inu (SHIB), predicting a whooping surge to $0.0000886 in the next phase of its price movement. Interestingly, its price has…

The post Shiba Inu (SHIB) Gears Up for Major Bullish Breakout: Here’s Why appeared first on Coinpedia Fintech News Leading Ethereum (ETH)-based meme coin, Shiba Inu (SHIB), has been preparing for the second leg of the macro bullish breakout towards retesting its all-time high (ATH). The large-cap altcoin, with a fully diluted valuation of about $25 billion, remains one of the most sought-after meme coins, with a daily average trading volume of about $653 million as of this writing.  However,…