SHIB

TL;DR Shibarium’s daily transactions experienced a significant increase, signaling a resurgence in activity. The network’s achievements and an increase in token burn rate are seen as potentially positive indicators for Shiba Inu’s future market performance. After several days of witnessing less activity than usual, Shiba Inu’s layer-2 blockchain solution – Shibarium – finally recorded a significant resurgence. Data shows that daily transactions on the network have surpassed 75,000, representing a 1,000% increase compared to the figure observed the day before. Despite the…

TL;DR Shiba Inu (SHIB) experienced a massive increase in token burns on a daily scale. This coincides with an uptick in the meme coin’s price. The second-largest meme coin in terms of total market capitalization – Shiba Inu – experienced another substantial burn rate. Data shows that it has spiked by over 300% in the past 24 hours, resulting in almost 100 million SHIB tokens being removed from circulation. As CryptoPotato reported, the burn rate also significantly increased last month, when over…

According to Criptopaul, Ethereum is due for new all-time highs this month. Shiba Inu is expected to see a 2x price rally following a symmetrical triangle breakout. NuggetRush is a new hybrid meme coin poised to lead the 2024 bull market. Criptopaul, a top crypto analyst, has predicted that Ethereum will hit new all-time highs in April. Shiba Inu (SHIB) is another meme coin poised for a 2x price breakout following its symmetrical triangle breakout. However, these top altcoins will…

Shiba Inu is seeing a massive surge in large transaction volume amid price slash. Expert calls for Shiba Inu adoption is growing across the board. Recent data from InTheBlock brought to light activities in the Shiba Inu (SHIB) ecosystem, revealing that the volume of large transactions involving the meme coin has risen by 436% in the past 24 hours.  These large transactions from investors trading at least $100,000 increased from 1.4 trillion SHIB to 6.11 trillion SHIB. In monetary terms,…

The Bitcoin halving takes place approximately every four years and is a built-in mechanism to slow down the process of creating new BTC so that the last one will be mined over a hundred years from now, even though more than 19.6 million are already in existence. When the production speed is reduced, while the demand for the asset remains the same or increases, in theory, its price should rise. So far, the three previous BTC halvings have indeed served…

Milei Moneda ($MEDA) leverages the huge meme coin interest for its presale. FLOKI’s price could reach $0.000993 before the year’s end. Shiba Inu’s (SHIB) price could surge to $0.000131 in 2024. In recent developments, Milei Moneda ($MEDA) is making its mark in the cryptocurrency market by leveraging the current meme coin rally surrounding FLOKI and Shiba Inu (SHIB). With its distinctive features and explosive growth potential, the presale of Milei Moneda ($MEDA) is gaining massive attention among investors looking for…

There is a new kid on the crypto block, sparking quite a buzz. Its upside potential is unparalleled, resulting in investors looking beyond peaked, established cryptocurrencies like Solana (SOL) and Shiba Inu (SHIB). This new altcoin is at the intersection of AI and blockchain, buzzing with potential. On the cusp of exploding after its launch, it is among the best cryptos to buy now—perhaps the best. InQubeta (QUBE): A More Compelling Investment InQubeta (QUBE) has been creating quite a buzz…

The post SHIB Supporter Urges Buterin to Use Shiba as Solution Amid Ethereum Security Concerns appeared first on Coinpedia Fintech News Labib, a Shiba Inu (SHIB) supporter, recently took to Twitter with a compelling proposition for Vitalik Buterin, the founder of Ethereum. He highlighted the escalating concerns over Ethereum’s gas prices and the recent disruptions experienced by the Solana blockchain, suggesting an unconventional yet intriguing solution.  Labib proposed the use of Shiba Inu as a “magical solution” to mitigate these…

TL;DR A well-known crypto platform now allows users to buy Shiba Inu (SHIB), incorporating a variety of services with the asset. SHIB’s widespread adoption by major exchanges and positive market indicators suggest a potential for resurgence despite current market downturns. The Latest to Hop on the SHIB Bandwagon The leading cryptocurrency lending platform, Nexo, announced on X that users can purchase the second-largest meme coin – Shiba Inu (SHIB). The company explained that card transactions can be accepted “in seconds”…