SHIB

Shiba Inu has been on the rise this year in terms of burn rate, with the team and the community burning millions of tokens every week. In the current events, the burn rate of Shiba Inu has increased by 600% which is even higher than Ethereum. However, Rollblock is a new DeFi project that is emerging as a major competitor to Shiba Inu. Rollblock’s burn mechanism is unique and is way above that of Shiba Inu. Let us learn about…

The post Shiba Inu Celebrates Buterin’s Epic 410 Trillion SHIB Burn appeared first on Coinpedia Fintech News The Shiba Inu community is celebrating a significant milestone marking the third anniversary of Vitalik Buterin’s historic burn of 410 trillion SHIB tokens worth $6.7B in May 2021. The event marked a pivotal moment in the cryptocurrency’s history which had significantly lowered its total supply. The donation was a part of the donation made to Buterin by the Shiba Inu project which had…

The post Coinbase Announces Full Trading Mode For FLOKI, BONK, SHIB appeared first on Coinpedia Fintech News Coinbase has announced the full trading mode launch for Shiba Inu FLOKI, and BONK on its platform sparking optimism among investors. The development will most likely raise hopes for a potential price recovery. These meme coins can now be traded with limit, market, stop, and stop-limit orders.  The transition indicates a growing demand for these digital assets on Coinbase. On May 23, the…

Crypto analyst Cold Blooded Shiller has provided insight into the Shiba Inu (SHIB) future trajectory in relation to Dogecoin. The analyst suggested that the second-largest meme coin by market cap could be coming for Dogecoin’s position soon enough, given its recent bullish strength.  Shiba Inu Is Poised To Rip Through The Charts Cold Blooded Shiller mentioned in an X (formerly Twitter) post that he believes Shiba Inu will soon “send,” meaning that the meme coin will soon experience a parabolic…

Shiba Inu’s daily transaction volume surged by 169% to 5.354 trillion SHIB from the 1.985 trillion SHIB recorded the day before. Despite the spike in daily transaction volume, Shiba Inu may be poised for a bearish trend. Shiba Inu (SHIB) has seen its daily transaction volume skyrocket to 5.354 trillion SHIB. This significant leap marks a 169% increase from the previous day’s volume. Despite the crypto markets experiencing a range rebound, there seems to be a remarkable turn of events…

The post Shiba Inu Dominates Dogecoin In Whale Transactions: What’s Next For SHIB Price? appeared first on Coinpedia Fintech News Shiba Inu has seen notable price fluctuations, challenging Dogecoin’s dominance. Beginning the year below $0.000010, SHIB surged over 450%, reaching a high of $0.000045 by mid-February. However, it remains 70% under its peak price from 2021. Recently, whale interest in SHIB has soared, even as Dogecoin shows bearish on-chain metrics. Analysts suggest that DOGE investors are increasingly turning to Shiba…

The post Top 3 Reasons Why Shiba Inu (SHIB) Price is Up Today appeared first on Coinpedia Fintech News Hold onto your dog leashes, Shiba Inu fans! The price of SHIB has been on a wild ride lately, skyrocketing over the past few days and leaving many investors wondering if it’s finally time for Shiba Inu to take a bite out of the crypto big leagues. This significant uptrend is leaving analysts scratching their heads and scrambling to understand what’s…

The world of cryptocurrency trading is filled with stories of remarkable gains and strategic pivots. One such story involves a trader who recently sold their Shiba Inu (SHIB) holdings for a staggering $4,000,000 profit and shifted their focus to an emerging star: Retik Finance (RETIK). This new contender has rapidly climbed into the top 100 cryptocurrencies, capturing the attention of investors and analysts alike. Let's delve into the details of this strategic move and explore the potential of this rising…

The post This May Spark a Fresh Upswing if Shiba Inu (SHIB) Price Manages the Break Out of These Levels! appeared first on Coinpedia Fintech News The crypto markets appear to have a long-term impact on the events as the prices continue their usual trend of consolidation within a narrow range. Although the consolidation was followed by a brief upswing, the bulls appear to have been exhausted as the buying volume is below par. Amid the rising attention over memecoins,…