Shiba Inu Burn Rate Explodes But Price Fails to React This week, the Shiba Inu community saw one of the biggest token burns in its history. More than 920,000 SHIB tokens were permanently taken out of circulation. The burn rate shot up an incredible 836,955% in just 24 hours, showing that the community is strongly…
Shiba Inu Burn Rate Sees Massive Percentage Spike According to Shibburn, the project’s burn rate shot up 836,955% in just 24 hours, shocking the Shiba Inu community. This kind of percentage gain usually comes by burning millions of tokens; however, the most recent rise happened with less than a million tokens. In particular, only 920,761…
Shiba Inu Rebounds 8% After Market Liquidation Chaos Shiba Inu (SHIB) experienced a significant rebound this week, rising 8% to $0.000011 as buyers re-entered the market following a steep sell-off. The recovery signifies a resurgence of confidence following a rocky beginning to October, during which liquidations affected nearly all significant cryptocurrencies. Amidst fluctuations, experts indicate…
Shiba Inu Demonstrates Consistent Resilience Amid Market Changes Shiba Inu remains a standout token in the cryptocurrency realm, supported by a dedicated community and impressive liquidity. In the face of difficulties within the meme coin market, SHIB has successfully upheld its status as one of the leading digital assets, bolstered by its significant exchange presence…
Shiba Inu Consolidates Within Tight Trading Range Shiba Inu remains within a tight trading range, fluctuating between $0.0000119 and $0.000013, lacking any significant breakout momentum. Market data indicates that prices remain stable, even as sentiment fluctuates in the wake of last week’s global crypto volatility. This prolonged sideways movement indicates a weariness among short-term traders,…
Shiba Inu’s Shibarium Network Fuels Rising Demand and Faster Transactions Shiba Inu is drawing significant investor interest as its Layer 2 network, Shibarium, steadily propels ecosystem growth as October approaches. Experts emphasize that increased involvement from developers and better application integration could significantly improve scalability and drive organic adoption forward. The design of the network…
Shiba Inu Community Faces Escalating Scam Campaign Holders of the Shiba Inu token are currently facing a sophisticated phishing scheme that is swiftly proliferating across various digital wallets globally. Cybercriminals are taking advantage of the widespread appeal of genuine airdrops to deceive unwary investors into relinquishing control of their assets. Security researchers have uncovered that…
Shiba Inu Users Face New Phishing Scam Shiba Inu (SHIB) continues to be a leading meme cryptocurrency worldwide, yet its growing popularity also draws in scammers. A recent phishing campaign has come to light, aiming at unsuspecting users with deceptive token airdrops and misleading messages on various wallet platforms. Reports emerged following Shibarium Trustwatch, a…
Shiba Inu Regains Momentum with Renewed Whale Buying Pressure Shiba Inu is reclaiming the spotlight this week, bouncing back from recent lows with renewed buying activity. The price movement of the meme coin has gained momentum, drawing interest from both traders and long-term investors who are hopeful for a positive shift. The recent recovery of…
