Shiba Inu Price Remains Stable Despite 538B SHIB Dump by Top Whale
Etherscan.io data reveals that the 29th biggest Shiba Inu Whale has dumped an eye-watering 538,000,000,000 (538B) SHIB, worth $6,074,020 ($6.07M) through five significant transactions in the past twelve days.
Shiba Inu Burn Rate Skyrockets Over 30,000% Following Massive 1.49 $SHIB Transaction
According to the data, first spotted by users on the microblogging platform Twitter, Koyo burned an astounding 1.49 billion SHIB tokens in a transaction that helped the burn rate of the meme-inspired cryptocurrency surge over 30,000% in the last 24-hour period.
DigiToads Leaps Over Dogecoin and Shiba Inu With 60% Growth This Week
Digitoads, a relatively new cryptocurrency, has seen a significant surge in price and market capitalization in recent weeks, surpassing the more well-known Dogecoin and Shiba Inu cryptocurrencies in terms of growth. Digitoads is a decentralized finance (DeFi) platform that aims to provide users with a range of financial services, including lending, borrowing, and trading.
Shib Burn Rate Spikes 30,000% As 1.5B Shiba Inu Burned In Single Transaction
A Shiba Inu-related address sent nearly 1.5 billion SHIB tokens to the dead wallet address, marking one of the largest single transaction burns recorded in the history of SHIB burn. The burn was conducted by decentralized finance project Koyo Token on the ShibaSwapDEX, which has burned a total of 8.75 billion SHIB in 36 days. The SHIB price has increased by over 3% in the last 24 hours, currently trading at $0.0000113, with the trading volume jumping over 50% in the same period.
Bloomberg Senior Macro Strategist Mike McGlone on $DOGE and $SHIB
Bloomberg Intelligence Senior Macro Strategist Mike McGlone sounded the alarm on the potential perils of investing in meme cryptocurrencies, Dogecoin (DOGE) and Shiba Inu (SHIB), amidst a brewing economic storm.
Massive Shiba Inu Whale Expands Portfolio to Nearly 5 Trillion $SHIB After $1.88 Million Purchase
A massive whale in the ecosystem of the meme-inspired cryptocurrency Shiba Inu ($SHIB) has expanded its portfolio to nearly 5 trillion tokens after adding an additional 171.68 billion SHIB for around $1.88 million through four different transactions.
NOWPayments Teams with Shibarium to Build on its Blockchain
Shibarium and NOWPayments — NOWPayments, a Netherlands crypto payment gateway has teamed with Shiba Inu to build on its ecosystem. This move will help to increase crypto payment adoption and also will help to give strength to the Shiba Inu ecosystem.
Shiba Inu: Shibarium Gets Massive Boost From Top Payment Gateway
NOWPayments, a Netherlands-based crypto payment gateway, has announced its intention to extend its partnership with Shiba Inu Ecosystem by collaborating again with Shiba Inu to advance the adoption of crypto payments. NOWPayments will build on Shiba Inu's blockchain, Shibarium, and reveal more details about the partnership soon. NOWPayments added support for SHIB last year and introduced an optional BURN feature for SHIB on its platform. Shibarium's beta testnet, Puppynet, has been experiencing impressive growth, boasting over 350,000 wallet addresses and processing more than 2.2 million transactions within just three weeks of its debut.
$SHIB: Shibarium’s Puppynet Soars in Popularity With Over 550,000 Addresses and 2.5 Million Transactions
Shibarium’s Puppynet beta testnet has seemingly captivated the community behind the meme-inspired cryptocurrency Shiba Inu ($SHIB), registering over 550,000 wallet addresses and processing in excess of 2.5 million transactions within a mere three weeks since its inception, according to blockchain data.
Shiba Inu Community Destroys 35 Million SHIB, Will It Shift The Momentum?
The Shiba Inu community continues its burn spree, with approximately 35 million SHIB burned in one day. According to the update from Shibburn, 25 million of the total burned tokens came from a single wallet.
35M Shiba Inu Burned in a Day As Single Wallet Burns 25M
In the past 24 hours, the Shiba Inu community has burned over 34.92 million SHIB tokens through three separate transactions, with the largest burn transaction of 25.31 million SHIB executed by the Coinbase-associated wallet "Coinbase 10". This surge in burn rate caused the overall burn rate to increase by 1108%. In the past seven days, the community has burned a total of 1.27 billion SHIB tokens, leading to an increase in the number of active holders. Shiba Inu's Metaverse project has also announced significant progress towards its development goals, with modifications to the project roadmap and the launch of a new official Twitter account and giveaway. Shibarium has crossed 2 million transactions with more than 71 tokens deployed on the public Beta network.
Shiba Inu ($SHIB) Ecosystem Strikes a Chord with American Music Legend
Shiba Inu ecosystem and PawZone, founded by JD, a well-known member of the Shiba Inu community, are reportedly set to collaborate with renowned American musician Scott Page on various undisclosed NFT-related projects.
111 Million SHIB Enter Dead Wallet In 24 Hours, Here Are The Details
Over the past 24 hours, the Shiba Inu community destroyed over 100 million SHIB by sending the tokens to Shiba Inu’s dead wallet, a token-burning mechanism that crypto protocols use to control the number of circulating tokens in the market.
Shiba Inu's Metaverse Will Partially Open by 2023-End, Developers Say
Shiba Inu developers have announced plans to launch SHIB: The Metaverse, a project that expands the utility of the shiba inu (SHIB) ecosystem, by December 2023. The Metaverse will feature 100,595 plots of land that will be minted by users, allowing landowners to generate passive income, collect in-game resources, and generate rewards. Users can create humanoid dog avatars to explore, visit, and interact with lands and contribute to the in-game economy. The metaverse will be developed in Shibarium, an upcoming layer 2 network that uses Shiba ecosystem tokens, such as bone (BONE) and (LEASH).
Shiba Inu to Partner with Legendary Musician Scott Page
The Shiba Inu ecosystem and PawZone are partnering with legendary American musician Scott Page to launch a range of undisclosed NFT-based projects in the future. The details of the partnership are currently unknown, but speculations of an NFT collaboration have emerged. The PawZone ecosystem features Pawzaar, a native NFT marketplace on Shibarium, which is looking to host unique collections on the network. Scott Page's fascination with Web3 technology led him to create an innovative art platform called Think:NFT. PawZone will be collaborating with Page's platform in an integration expected to surpass the prominence of OpenSea, one of the world's largest NFT marketplaces.
Shiba Inu Metaverse Advisor Highlights Team’s Major Focus As ‘Something is Brewing’
Shiba Inu metaverse advisor, Marcie Jastrow, has revealed the major focus of the metaverse team is developing an efficient UI/UX for Shib: The Metaverse to make it frictionless for users. She also highlighted the team's focus on introducing businesses to the Shiba Inu ecosystem. The statement comes after an influencer poll highlighted the important needs for Shib: The Metaverse, with graphics receiving the highest vote. Jastrow described the poll as interesting but emphasized that accessibility for all was crucial. In other news, Jastrow reacted to a viral photo of a meeting involving the metaverse team, stating that "something is brewing" in the Shiba Inu ecosystem, although there is no hint about what was discussed in the meeting.
Top Whale Adds 148B Shiba Inu, 378B Shib in 3 Days
BlueWhale0073, the 254th biggest ETH Whale, has acquired $1.65 million worth of Shiba Inu (SHIB) in a single transaction, adding 148.78 billion SHIB to her wallet. This follows her previous purchase of $2.58 million worth of SHIB on April 5th. In total, BlueWhale0073 has acquired 378.74 billion SHIB, valued at $4.23 million, in the past 72 hours. The ongoing positive developments in the Shiba Inu ecosystem, such as Crypto.com's support for SHIB and its governance token BONE, and Uphold's Proof-of-Reserves data showing it holds over 921 billion SHIB, may be contributing to the whale's accumulation spree. As of press time, SHIB is trading at $0.00001095, down 2.42% over the last day with a 24-hour trading volume of $207.15 million.
Crypto Morning Briefing: Magic Eden Rolls Out Bitcoin Ordinals NFT Creator Launchpad
DEX Aggregator, DODO Now Allows Users to Buy Shiba Inu with Fiat; CryptoCom Adds Support for Bone/Shiba Inu Trading Pair; ApeSwap Announces the Release of ApeSwap V3
DEX Aggregator, DODO Now Allows Users to Buy Shiba Inu with Fiat
DODO, an innovative algorithm-driven and decentralized trading platform, recently announced that it has successfully integrated Alchemy Pay’s on and off-ramp solution onto its platform. This integration will allow DODO users to seamlessly purchase Shiba Inu (SHIB) as well as several other supported crypto assets with fiat currencies.
CryptoCom Adds Support for Bone/Shiba Inu Trading Pair
Crypto.com, a leading Singapore-based cryptocurrency exchange, has extended support for Bone ShibaSwap (BONE), the governance token of Shiba Inu’s decentralized exchange ShibaSwap. The exchange has introduced additional BONE trading pairs, including BONE/SHIB.
