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The Shiba Inu (SHIB) community has witnessed an unexpected surge in burn activity, sparking excitement across the crypto world. Over the past 24 hours, SHIB’s burn rate has skyrocketed by an astonishing 12,278%, with over 115 million SHIB tokens sent to unspendable wallets. But what’s behind this sudden surge, and how could it impact the…
Shiba Inu (SHIB) has shown promising signs of recovery after bouncing off a critical support level, sparking speculation about an upcoming bull run. Despite months of steady decline, SHIB has gained +3% in the past 24 hours and is currently trading at approximately $0.00001276. Could this be the start of a larger price reversal? Key…
Dogecoin (DOGE) has long been the flagship meme coin, influencing the price trajectory of similar tokens like Shiba Inu (SHIB). With some analysts predicting that DOGE could reach an ambitious $5 valuation, the question arises: What does this mean for Shiba Inu? If DOGE achieves this milestone, SHIB could eliminate a zero from its price…
Shiba Inu (SHIB) is making waves once again, with analysts predicting an explosive rally fueled by dwindling exchange reserves and a surge in ecosystem activity. The popular meme coin saw a 13% jump early Wednesday, reaching $0.00001564 and extending its weekly gains. However, the latest data suggests this might just be the beginning of a…
Shiba Inu’s (SHIB) token burn rate has exploded by a jaw-dropping 8,470%, signaling a renewed push to reduce the meme coin’s circulating supply. According to Shibburn, a platform tracking SHIB burns, an anonymous whale executed a massive burn of 1 billion SHIB tokens in a single transaction, fueling speculation about the coin’s future price trajectory….
Shiba Inu (SHIB) has lost ground to Litecoin (LTC) in a crucial metric, highlighting a shift in market sentiment. According to data from IntoTheBlock, LTC now boasts the highest percentage of long-term holders among major cryptocurrencies, surpassing SHIB in investor retention. Litecoin (LTC) Leads with 77.7% Long-Term Holders Often referred to as “digital silver,” Litecoin…
The Shiba Inu (SHIB) team has taken a bold step by reaching out to Elon Musk, highlighting five major milestones that have transformed SHIB from a meme coin into a thriving blockchain ecosystem. While Musk has yet to respond, the team remains committed to pushing the project forward. Here’s a closer look at what they…
The “Dogecoin killer,” Shiba Inu (SHIB), has been experiencing a notable price surge, capturing the attention of cryptocurrency enthusiasts. This rally coincides with a massive whale transaction of 3 trillion SHIB tokens, valued at roughly $79.94 million, sparking speculation within the Shiba Inu community. Whale Movement Ignites Speculation On-chain tracking platform Whale Alert flagged the…
The cryptocurrency market has calmed down considerably after the intense volatility witnessed earlier this week. Bitcoin, which surged past its 2021 all-time high on Tuesday, has entered a consolidation phase, hovering around the $66,000 mark. Meanwhile, altcoins are presenting a mixed picture, with some recording impressive gains while others experience sharp declines. Also Read: Traditional…
Shiba Inu (SHIB) has experienced a remarkable price increase in recent times, sparking excitement and curiosity among investors. This article delves into the current situation, exploring the potential reasons behind the surge and analyzing indicators to gauge the possibility of sustained growth. A Bullish Signal, But Can It Last? SHIB has seen a staggering 343.06%…