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
Dubbed the “Dogecoin killer,” SHIB’s price had been in a bearish consolidation phase in recent days. However, a reversal occurred as the meme coin executed a 180 turnaround, surging above critical resistance thresholds to break free from its bearish grip. This remarkable surge was accelerated by a sharp uptick in whale activity, hinting at the...Read More
Shibarium’s Marketing Strategist, using the X (Twitter) handle LUCIE, claimed they are not paid to post articles endorsing Shiba Inu (SHIB) and its surrounding developments. A ‘Stupid Rumor’ LUCIE outlined that assumption as “the silliest stupid rumor” about SHIB. They claimed the memecoin gets mentioned because people have displayed huge interest in it and not...Read More
The last couple of days have witnessed several developments and comments regarding three of the most popular cryptocurrencies: Shiba Inu (SHIB), Ripple (XRP), and Bitcoin (BTC). In the following lines, we will touch upon each asset. Starting With SHIB The self-proclaimed Dogecoin killer, specifically its layer-2 scaling solution Shibarium, has been in the spotlight once...Read More
Shibarium’s Marketing Strategist, going by the handle LUCIE on X (Twitter), is among the people who believe the price of Shiba Inu (SHIB) will soon head north. Previously, the developer urged investors to ignore media propaganda and fake news (also known as FUD) and keep their trust in the memecoin’s future advancement. ‘SHIB Represents the...Read More
Shibarium’s Marketing Strategist, going by the handle LUCIE on X (formerly known as Twitter), believes the layer-2 scaling solution has so far been a major target of so-called “hype” investors. As such, they assumed the project was is poised to prosper once “serious” investors shifted their focus on it. Time for a ‘Real Growth’ LUCIE...Read More
Shiba Inu’s layer-2 scaling solution continues to smash records in terms of transaction volume and network growth. In the following lines, we will take a closer look at the most recent achievement that Shibarium completed. Shibarium Transactions Growing at a Fast Pace As revealed by Shibariumscan, the total number of transactions on the L2 blockchain solution...Read More
The native token of Ripple – XRP – has topped another recent ranking by becoming the most traded alternative coin on US-available cryptocurrency exchanges this year. The asset and its surrounding developments have been among the trendiest topics in the crypto community lately, possibly playing a role in the increased trading volume. Leaving DOGE and...Read More
The cryptocurrency market has recently shown some signs of revival. However, three of the most popular digital assets – Ripple (XRP), Bitcoin (BTC), and Shiba Inu (SHIB) – have not been among the best performers. In the following, we will take a closer look at whether they are poised for a possible price expansion, as...Read More
Shiba Inu is undoubtedly one of the most popular cryptocurrency projects. But what’s interesting about it is that it boasts a tremendous base of retail investors as part of its community. That said, retail investors tend to be the perfect target for a number of bad actors. And, in the crypto industry, scammers are becoming...Read More
Some of the most trending memecoins in the past few months – SHIB, BONE, and LEASH – have captured the attention of numerous cryptocurrency exchanges. One such marketplace that recently listed the assets on its platform is the Australia-based GroveX. SHIB, BONE, and LEASH Expand to Australia The crypto exchange announced the news on X...Read More
Token burns have become particularly popular throughout the past years in the cryptocurrency market as more projects are resorting to this method of reducing their primary token supply. The process of burning tokens, however, is different and varies from one project to another, with the only common denominator being its purpose. That’s why it’s important...Read More
Data provided by Shibarium Explorer revealed that overall transactions on the layer-2 blockchain solution have reached almost two million. Recall that the network built on Ethereum that aims to increase transaction speed, lower costs, and elevate Shiba Inu above its rivals went live approximately two weeks ago. Shibarium Eyes a New Milestone According to the...Read More
Shiba Inu (SHIB) continues to see a considerable number of tokens removed from its total circulating supply. The latest increase comes following a rather dull weekend in terms of overall trading volume and market activity. Data from Shibburn – the portal that tracks tokenomics metrics for the Shiba Inu project – reveals that the burn...Read More
Shiba Inu’s layer-two network, also known as Shibarium, is facing a threat from scammers associated with the Pawswap project. The information was brought to light by a prominent Shiba Inu administrator, known in the SHIB community as DaVinci, who explained that the scammers’ goal was to impersonate the legitimate project PawZone while spreading false information...Read More
Insight from Coinmarketcap suggests that the SHIB/USDT market in Binance has more depth than all other SHIB markets in other exchanges. According to market depth insights from CoinMarketCap, about $775k in funds could induce a 2% surge in price for SHIB on the Binance exchange. Conversely, a deduction of $1.1 million from the SHIB/USDT market...Read More
Shiba Inu’s price has been trending lower for the past week, shedding some 7.2% during that period. The cryptocurrency is down some 15.6% in the past 30 days and around 36% over the past year. We decided to poke ChatGPT on Shiba Inu’s future performance and see if the AI-based language model can make any...Read More
While predicting the future of specific cryptocurrencies is not an exact science, market analysts often consider several aspects, including past performance, use cases, community participation, and broader market volatility. With that in mind, let’s examine whether Shiba Inu (SHIB) has the potential to outperform Ripple (XRP) in the future. For this particular question, though, we...Read More
In a surprising move, a large sum of Shiba Inu Tokens (SHIB), valued at millions, was transferred from the popular crypto exchange Bitvavo to an unidentified wallet. Based on insight from wallet tracker Whale Alert, the total number of SHIB transferred is about 4.6 trillion, valued at roughly $35.7 million. After further examination of the...Read More
Shytosi Kusama, the lead developer at Shiba Inu, has recently proclaimed that Shibarium, an L2 scaling solution from the Shiba Inu blockchain, is live and operating well. The announcement follows a series of trials and fine-tuning, marking a spring landmark for the Shiba Inu project. In this blog post, Shytoshi Kusama emphasized that even before...Read More
The crypto analyst going on X (formerly Twitter) under the name Ali revealed that investors have withdrawn a substantial amount of two trillion SHIB tokens last week. The stash equals almost $16 million (calculated at current rates). According to Ali’s chart, outflows have been the highest on August 22 and August 23, accounting for around...Read More
Shibarium’s marketing strategist Lucie has issued a statement on X clearing up misconceptions related to the project’s tokenomics. This comes amid social media buzz generated by influencers promising significant SHIB burns. In a tweet, the Shibarium team emphasized that no central authorities hold keys to the SHIB supply and that the platform operates as a...Read More
Arkham Intelligence has identified Robinhood as the fifth-largest holder of Ethereum (ETH) and holder of 34 trillion Shiba Inu (SHIB) tokens. Earlier this month, Arkham Intelligence also named Robinhood as the owner of the third-largest Bitcoin wallet, with holdings equivalent to around $3.2 billion. Our identification of Robinhood as the owner of the third-largest Bitcoin...Read More
A mysterious Shiba Inu whale has stunned the community by moving 4.64 trillion SHIB tokens, roughly $38 million, between two undisclosed wallets, as per data from etherscan. The activity comes during the relaunch of Shiba Inu’s layer-2 scaling solution, Shibarium. Following the development, data from the Shibarium explorer indicates that the addresses using Shibarium have...Read More
Shiba Inu’s ecosystem has gone through quite a bit throughout the past few weeks. It saw what is probably one of the most important releases in its roadmap – the layer 2 scaling solution, thematically called Shibarium. The launch of the network didn’t go without problems, and developers had to temporarily take it private. As CryptoPotato reported...Read More
In the past week, Bitcoin has experienced significant price fluctuations within its consolidation range, influenced by various macroeconomic factors such as Jerome Powell’s address. As Bitcoin falls short of meeting the short-term bullish expectations of investors, capital is increasingly flowing into the altcoin sector. Looking ahead to the coming week, a substantial recovery rally in...Read More
Following successful private testing, the highly anticipated Shibarium (L2) update is scheduled for public release, creating excitement among the community, with some fortunate members having already received bridged $BONE tokens. The news comes after Shiba Inu’s team confirmed the smooth operations of the platform, which is now awaiting its public debut. Since its start, Shibarium...Read More
Shiba Inu and BNB coin have recently been in the spotlight because of their latest developments. While Shiba Inu is creating excitement with the introduction of Shibarium, it also faces challenges. Simultaneously, Binance Coin is in trouble due to Binance’s regulatory issues and significant liquidations on the Venus protocol. Consequently, there are rising concerns about...Read More
XRP and SHIB whales are inducing ripples in the crypto market, with massive new token purchases igniting speculations of potential price actions in these assets. Data from Whale Alerts reveals a string of significant transactions involving trillions of SHIB moving between wallets. On Aug. 21, an investor and holder of wallet 0xc684d6c5 purchased 4,653,778,173,637 SHIB...Read More
On Aug. 20, Shibarium, the company behind the popular Shiba Inu cryptocurrency, released an important update on their ongoing development efforts. In a recent blog post, the Shibarium team provided insights into the current status of their blockchain and the steps they are taking to optimize its performance, aiming for a secure public re-launch. Shytoshi...Read More
