With Bitcoin (BTC) setting its sights on a retest of its all-time high (ATH) this week, the meme coin sector, led by Dogecoin (DOGE) and Shiba Inu (SHIB), has seen remarkable increases. These gains are supported by encouraging on-chain metrics indicating strong bullish momentum. Consequently, DOGE and SHIB have experienced significant gains over the past...Read More
A crypto whale has scored a significant profit of over $2.9 million by strategically investing in the meme-inspired cryptocurrency BONK, according to Lookonchain, a popular on-chain data tracker. The ентитъ acquired 98 billion BONK tokens, valued at more than $1.5 million, from Binance just before the token’s price surged by over 50% in a single...Read More
Shiba Inu is experiencing a surge in demand as the meme coin sector witnesses a notable increase, following Bitcoin’s price leap over the $52,000 mark in recent hours. Investors are eagerly purchasing SHIB at various Fibonacci levels, expecting additional upward movement. Nonetheless, as SHIB’s price rises, there is a noticeable decrease in interest from large-scale...Read More
Shiba Inu – one of the most popular meme coins on the market – has seen some notable increases in important on-chain metrics of Shibarium. The latter is an L2 built on Ethereum designed to service the needs of the Shiba Inu ecosystem. According to on-chain data from Shibariumscan, the number of daily transactions has...Read More
Since plummeting from its peak in 2022, the Shiba Inu price has yet to experience any significant price surges. But with the crypto market now recovering and Bitcoin on the edge of reaching the $50,000 mark, investors are curious if SHIB could undergo a tenfold rally similar to its 2021 surge in the upcoming months...Read More
Shiba Inu continues achieving impressive milestones in regard to its layer-two scaling solution called Shibarium. The network has recently surpassed the impressive 3 million milestone in terms of blocks produced. Data from Shibariumscan reveals that a new block is added once every few seconds. The total addresses on the network currently stand at 1.3 million,...Read More
In the wake of Bitcoin’s impressive rally toward the $40,000 mark, there’s a notable uptick in the meme coin sector, particularly seen in the increased buying interest for leading meme coins like Dogecoin and Shiba Inu. These meme coins have bounced back from their previous lows and are now targeting higher resistance levels. Additionally, the...Read More
The meme coin sector remains under bearish pressure as Bitcoin experiences a significant decline, threatening to drop below the $40,000 level. In this situation, the price of Shiba Inu (SHIB) is caught in a downward consolidation trend, facing a low open interest. Despite positive factors like encouraging SHIB burn statistics and continuous network improvements, there’s...Read More
This week began with a downturn in the market, but it has since shown significant recovery, with Bitcoin approaching the $44,000 mark. As a result, major altcoins are seeing a surge in investment, aiding them in surpassing key resistance levels. As the year draws to a close, the upcoming week could bring increased volatility, potentially...Read More
Bitcoin price has recently cleared the $41K level after a steep decline following cooling inflation reports. As the Producer Price Index (PPI) for November reported figures lower than anticipated and the Consumer Price Index (CPI) showed a decline, the crypto market experienced a minor buying demand. As a result, meme coins like Shiba Inu’s surge...Read More
While the week initially kicked off with a slight dip in prices, there is now a clear push towards recovery, as seen in the price chart. Shiba Inu, in particular, has retested its support levels, attracting buyers who were eager to accumulate and drive its price upwards. It’s worth highlighting that various on-chain indicators are...Read More
As November commenced, there was a notable surge in Bitcoin and altcoins, as their value approached the resistance peaks observed in October. However, popular memecoins such as Shiba Inu and Dogecoin struggled to attract buyers at these higher resistance marks, resulting in a slight pullback. Currently, the on-chain data for Shiba Inu presents a bearish...Read More
TL;DR BitPay now allows users to purchase tickets for Taylor Swift’s upcoming “Eras Tour Movie” concert using various cryptocurrencies, including XRP, SHIB, BTC, and ETH. To buy tickets, users should visit the AMC website, select the desired concert, and choose the crypto payment option during checkout. Increasing adoption of cryptocurrencies like XRP and SHIB may...Read More
TL;DR Shiba Inu community warned about misleading emails and an unofficial LinkedIn account. Shiba Inu’s Ragnar clarifies that SHIB isn’t on the Fantom (FTM) chain. Officials caution against misused SHIB logos, suspicious Dapps, and trading the token Calcium (CAL). More SHIB Alerts The Shiba Inu community received another stark warning regarding circulating fraudulent emails in the space....Read More
TL;DR The Shiba Inu team resolved a SHIB Telegram account hack, with security measures like two-factor authentication (2FA) implemented. A fake BONE token airdrop was promoted via the compromised account; Vet Kusama warned the community. Shiba Inu officials consistently alert the community about potential scams and advised caution with the SHIB-related Calcium (CAL) token. Fixing...Read More
TL;DR The SHIB Telegram admin account was compromised, leading to a fraudulent BONE token airdrop announcement. Vet Kusama alerted the community about the fake token distribution, urging people not to click on related links. Shiba Inu community members are advised to be cautious, as there are consistent threats from scammers impersonating legitimate projects and figures....Read More
TL;DR Shibarium Achievements: Shiba Inu’s layer-2 solution, Shibarium, has reached nearly three million completed transactions and has over 1.25 million wallet addresses within two months of its launch. Potential Impact: Shibarium, introduced to reduce fees and enhance transaction speed, might positively influence SHIB’s market valuation as its use increases. Transactions are Booming The layer-2 scaling...Read More
Shibarmy Scam Alerts – the X (Twitter) account dedicated to protecting the Shiba Inu community from fraud and bad actors – warned people to be extra cautious when connecting the crypto wallets to unknown decentralized applications. In the following lines, we will break down the five main approaches wrongdoers use to con victims. ‘Let’s Play...Read More
Recently, BTC’s price encountered resistance at $28.5K, taking a dip towards the pivotal $28K mark. Similarly, the meme coin sector is experiencing challenges. Top meme coins, Dogecoin and Shiba Inu are currently experiencing slight declines near their resistance points as sellers find opportunities from price spikes. Sellers Prepare For A Downward Correction Over the past...Read More
The past few days have witnessed multiple news surrounding the ongoing legal battle between Ripple and the US Securities and Exchange Commission (SEC) and some essential developments focused on the popular memecoin Shiba Inu. XRP – the native token of Ripple – has also been in the spotlight, registering a significant spike at the end...Read More
The leading cryptocurrency exchange – Crypto.com – recently teamed up with the payment platform PayPal to become the preferred marketplace for the recently launched stablecoin – PayPal USD (PYUSD). As such, it said there are now new trading pairs on the application. In the following lines, we will outline which ones exactly. Support for XRP...Read More
Shibarium Discord admin, using the X (Twitter) handle DaVinci, alerted individuals to do proper research before taking all rumors about a partnership involving Shiba Inu for granted. Relying only on verified sources is the key to making “informed decisions,” they added. The Latest Warning DaVinci argued that there are numerous bad actors who use the...Read More
The self-proclaimed Dogecoin (DOGE) killer – Shiba Inu (SHIB) – continues to see a massive number of tokens removed from its total circulating supply. It witnessed a 947% surge in its burning rate over the past 24 hours. The Latest Figures According to data provided by Shibburn, the total number of SHIB tokens sent to...Read More
The news surrounding Ripple, its native token – XRP, and the popular memecoin – Shiba Inu (SHIB), are among the most intriguing for the crypto community. In the lines below, we will take a closer look at what happened over the past few days and touch upon the latest price predictions from experts. Ripple IPO...Read More
The ongoing lawsuit between Ripple and the United States Securities and Exchange Commission (SEC) and the developments surrounding the popular memecoin Shiba Inu (SHIB) remain among the trendiest crypto topics. In the following lines, we will pinpoint the newest events focused on the matter. The Ripple v. SEC Battle The legal fight, which dates back...Read More
The residents of Texas can now settle their solar panel bills in various cryptocurrencies, including the popular memecoin Shiba Inu (SHIB). Numerous analysts have previously argued that mass adoption is among the essential factors in increasing the price of the coin. Paying Bills in SHIB The offering became available after the blockchain payment system FCF...Read More
Two of the most popular cryptocurrencies – Ripple (XRP) and Shiba Inu (SHIB) – have achieved a major milestone as the British banking behemoth HSBC allowed their usage for specific payments. In the following lines, we will explain in detail in which cases customers can take advantage of the latest offering. XRP, SHIB, DOGE, and...Read More
Shiba Inu’s marketing strategist has taken it to X to unveil important details of an upcoming application designed to strengthen the project’s community through connectivity, sharing, and creative efforts. LUCIE revealed details of the app called Shiba Hub – a “gateway to something extraordinary,” in their own words. With Shiba Hub, you have the opportunity...Read More
The past few days have witnessed additional price predictions regarding Ripple’s native token – XRP. Some analysts envisioned a bull run for the asset, believing it could skyrocket above $1 in the near future. We also asked ChatGPT for its opinion on the matter. Apart from XRP, Shiba Inu (SHIB) has also been in the...Read More
Ripple’s XRP, Shiba Inu (SHIB), and Dogecoin (DOGE) are undoubtedly amongst the cryptocurrencies with the most devoted communities in the industry. Their price action tends to be explosive and directional, driven by massive retail interest. Pinning them against each other provides some valuable insights into their current market dynamics, factors that can shape their future...Read More
