SHIB

Shiba Inu partners with K9 Finance to enhance Shibarium’s layer-2 blockchain, potentially multiplying its Total Value Locked (TVL) and trading volumes. The partnership could mirror the success seen with Ethereum’s integration with Lido Finance, aiming for a substantial rise in Shibarium’s economic metrics. Shiba Inu has embarked on a strategic partnership with K9 Finance DAO, a prominent liquid staking derivative platform. This collaboration seeks to amplify the economic performance of Shibarium, Shiba Inu’s layer-2 blockchain. Drawing inspiration from Lido Finance,…

TL;DR Robinhood now offers Shiba Inu (SHIB), Avalanche (AVAX), and Compound (COMP) to New York residents, building on its crypto services in the USA. Despite a recent price drop, the meme coin has potential for a rally, bolstered by a significant increase in its burn rate and developments in its layer-2 blockchain network, Shibarium. Attention New Yorkers The American-based financial services company – Robinhood – unveiled additional cryptocurrency options for the residents of New York. It said the popular meme…

The Shiba Inu ecosystem has been subjected to updates in the last few days as developers look to bolster the cryptocurrency’s prospects in the long term. Behind the scenes, on-chain data also reveals a bullish trend among SHIB investors, with the exchange balance dropping to new lows.  Adding to the bullish case is the fact that SHIB’s price has bounced right off the key 0.618 Fibonacci ratio level, otherwise known as the “golden ratio.” These metrics, in combination, are particularly…

XRP has witnessed a notable surge in its price, indicating a potential bullish momentum in the market.   The SOL price initiated a significant upward movement from the $120 support level, consolidating its position above key resistance levels.  In recent trading sessions, XRP, the digital asset often associated with Ripple, has witnessed a notable surge in its price, indicating a potential bullish momentum in the market. After a period of consolidation and a brief decline, XRP found support near the $0.3880…

TL;DR Shiba Inu (SHIB) has outperformed major cryptocurrencies with a 20% price increase over the past week. Positive developments for the meme coin include a significant increase in its token burn rate and upgrades to Shibarium. SHIB Might be Gearing up for a Bull Run The cryptocurrency market has witnessed a significant revival in the past week, with numerous leading assets, such as Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Solana (SOL), being well in the green. The popular meme…

The post Ethereum (ETH) Surge Drives 15% Increase in Shiba Inu (SHIB), Furrever Token (FURR) Eyes Up to 15X ROI appeared first on Coinpedia Fintech News In the wake of Bitcoin’s halving, the cryptocurrency market witnesses a significant resurgence, with Ethereum (ETH) leading the charge with a notable surge, catalyzing a 15% increase in the value of Shiba Inu (SHIB). Amidst this dynamic landscape, a new player emerges with promising prospects—Furrever Token (FURR). Positioned as the next big meme coin,…

Shiba Inu has constantly managed to trade above $0.000021 last week amidst an ongoing tussle between the bulls and bears. On-chain data has indicated some serious whale movements during this period, with trillions of SHIB shuffled in and out of exchanges.  The price of SHIB went through a decline earlier in the week from an extended selloff in the previous week. As the week progressed, things started to change into bullish action during the weekend up until a resistance just…

TL;DR Shiba Inu raised $12 million from global investors, aiming to make Shibarium a central hub for meme-themed projects. The price of SHIB has risen 17% over the past week, with analysts predicting further increases in the near term. Shiba Inu’s Multi-Million Initiative According to a document shared with CryptoPotato, the team behind the popular meme coin – Shiba Inu – raised $12 million from various non-US strategic partners, including Animoca Brands, Polygon Ventures, Mechanism Capital, Cypher Capital, Hercules Ventures, and…

In a recent update, Shiba Inu developer Kaal Dhairya (@kaaldhairya), confirmed that a temporary outage affecting the Shibarium network has been resolved. The outage, triggered by networking issues among validators, briefly disrupted services within the Shiba Inu ecosystem, specifically the layer-2 blockchain solution, Shibarium. Kaal detailed the cause and the subsequent resolution of the problem, stating, “There was a temporary Shibarium outage caused because of networking issues amongst the validators. Network is back up and running now.” He also noted…