SHIB

D3 Global, a leading DNS domain provider, has upgraded its payment options to include Shiba Inu and BONE on Shibarium. This upgrade simplifies the payment process for users seeking Web3 domain names, allowing them to make payments directly from their Shibarium addresses without the need to bridge tokens back to Ethereum. D3 Global, a leading DNS domain provider, has expanded its payment options to include Shiba Inu and BONE on Shibarium as part of its latest upgrade. In response to…

TL;DR Shiba Inu (SHIB) has recently dropped in value but is predicted to rebound strongly due to favorable technical signals and recent breakout patterns. Positive signs for the meme coin include a decrease in exchange netflows, advances in its Shibarium layer-2 solution, and a significant increase in its burn rate. Where is SHIB Headed? The cryptocurrency market experienced a severe correction on April 12, with the prices of numerous digital assets dropping to multi-week lows. Shiba Inu (SHIB), for one,…

The total crypto market saw a massive correction on Friday evening, with more than $200 billion leaving the space within hours. The liquidations have shot up to nearly $1 billion on a daily scale, but some of the most notable losers come from the ever-volatile meme coin niche. CryptoPotato already reported the big Bitcoin retracement that took the primary cryptocurrency from around $71,000 earlier today to a weekly low of $65,000 within minutes. However, that’s just a part of the…

Shiba Inu (SHIB) has been on a wild ride in April so far. With the token’s price fluctuations sparking heated debates between analysts and traders, is now an opportune moment to invest in the world’s second-largest meme coin? Shiba Inu Price Consolidates After March Madness Currently trading around $0.0000275, SHIB has clawed back some losses after it plunged in the first few days of the month. However, the overall price action has been relatively muted compared to the wild volatility…

This week, we take a closer look at Ethereum, Ripple, Cardano, Shiba Inu, and Dogecoin. Ethereum (ETH) Ethereum had a good week after its price increased by 7%. The support at $3,350 stopped the correction and allowed buyers to return. ETH also made a local high and appears to be consolidating above the key support. The resistance at $4,000 remains unchallenged since early March and buyers may need more time to gather momentum before they can have another go at…

TL;DR Shibarium, Shiba Inu’s layer-2 blockchain solution, saw a massive increase in daily transactions, indicating significant network growth. Positive developments in the network and a surge in SHIB’s burn rate hint about a potential bull run for the meme coin. Shibarium Experiences Surge in Transactions Shiba Inu’s layer-2 scaling solution – Shibarium – experienced a significant revival, with daily transactions exceeding 200,000 on April 11. This represents a 4,000% increase compared to the number observed the day before. Shibarium Daily Transactions,…

TL;DR The burn rate for Shiba Inu skyrocketed, with millions of tokens removed from circulation. Analysts envision substantial price growth for SHIB based on various factors such as the advancement of Shibarium. The popular meme coin – Shiba Inu (SHIB) – witnessed another significant burn rate. Latest data shows that it exploded by almost 50,000% in the last 24 hours, resulting in over 87 million tokens destroyed. The burning rate spiked once again at the start of the week, while the total…

TL;DR Bitcoin (BTC) saw its price fluctuate significantly but recovered to above $70,000 despite market dips influenced by US inflation reports. Ripple (XRP) experienced a 9% weekly rise in value, drawing attention ahead of its trial with the US SEC. Shiba Inu (SHIB) enjoyed a 6% increase in the last seven days, with predictions of further growth bolstered by network activity and development updates. BTC’s Enhanced Volatility The price of the primary cryptocurrency passed through significant turbulence in the last…

TL;DR Binance’s latest Proof-of-Reserve (PoR) report verifies that it maintains a 1:1 coverage for all users’ assets, with significant holdings in SHIB, BTC, and XRP. The PoR system, introduced post-FTX crash, aims to enhance transparency and trust by confirming the existence and proper accounting of users’ funds. The world’s largest cryptocurrency exchange released its latest Proof-of-Reserve (PoR) report, displaying evidence that it covers all users’ assets 1:1. Data shows that Binance currently owns a whopping 67.67 trillion Shiba Inu (SHIB) tokens. Calculated…