Tuesday, March 19Welcome to Cryptolifedigital

Shiba Inu

Elon Musk Tweet Sends Dog-Themed Memecoins on a St. Paddy’s Day Frenzy
Shiba Inu

Elon Musk Tweet Sends Dog-Themed Memecoins on a St. Paddy’s Day Frenzy

Dogwifhat (WIF), a meme coin featuring Shiba Inu dogs, skyrocketed a staggering 40% following a St. Patrick's Day tweet by Elon Musk. The post, showcasing Musk's dogs sporting green hats, triggered a surge across the meme coin market, with Dogecoin and Shiba Inu (SHIB) also experiencing significant gains. Read Also: XRP: Can it Reclaim its Glory Days? https://twitter.com/elonmusk/status/1769418947403681837 WIF Leads the Pack WIF emerged as the biggest winner, clawing back over two-thirds of its weekend losses and surging from $2.06 to $3.15 on Sunday. At the time of writing, WIF remains up over 27% at $3.26. This bullish sentiment extended to other meme coins, with DOGE and SHIB rallying by 16% and 25% respectively. Shiba Inu Team Joins the Party The Shiba Inu ecosystem team capi...
Shiba Inu (SHIB) Sees Whale Accumulation Amidst Market Downturn
Shiba Inu

Shiba Inu (SHIB) Sees Whale Accumulation Amidst Market Downturn

Shiba Inu (SHIB), the popular meme coin, is experiencing a surge in activity from large investors, known as whales. This accumulation trend comes despite a recent market downturn caused by inflation concerns. Whale Activity Fuels Bullish Sentiment Data from IntoTheBlock reveals a significant 602% increase in large holder net flows for SHIB. This suggests that whales actively buy SHIB tokens, potentially signalling confidence in the cryptocurrency's future. The buying pressure from whales can encourage other investors to follow suit, pushing the price upwards. Read Also: Terra Luna Classic Gears Up for Major Chain Upgrade: Unanimously Approved Proposal Marks Milestone SHIB Price Movement While the broader cryptocurrency market faced downward pressure, SHIB defied the trend with a 6% ...
Shibarium Explorer Gets Upgrade to Enhance Transparency
Shiba Inu

Shibarium Explorer Gets Upgrade to Enhance Transparency

Shibarium, the layer-2 scaling solution for Shiba Inu, continues to gain traction with a recent update to its blockchain explorer, Shibariumscan. Shibariumscan plays a crucial role in ensuring transparency on the Shibarium network by allowing users to explore transactions, addresses, and other vital data. Blockscout, the open-source platform powering Shibariumscan, has introduced a new feature to further enhance this transparency. Read Also: Shiba Inu Price Tumbles as Whale Transfers 1.24 Trillion Tokens to Exchanges Blockscout: Powering Shibarium Exploration For those unfamiliar, Blockscout is a popular platform that provides blockchain explorers and analytics tools for various Ethereum-compatible networks. It's the backbone behind both Shibariumscan (mainnet) and Puppyscan (Shiba...
Shiba Inu Price Tumbles as Whale Transfers 1.24 Trillion Tokens to Exchanges
Shiba Inu

Shiba Inu Price Tumbles as Whale Transfers 1.24 Trillion Tokens to Exchanges

Shiba Inu (SHIB) has experienced a 13.15% price drop in the last 24 hours, coinciding with a massive transfer of 1.24 trillion tokens by a whale to cryptocurrency exchanges. The crypto market sell-off continues to wreak havoc, with Shiba Inu being the latest victim. The price of SHIB plunged below the crucial $0.00003 level, reaching a low not seen since early March. This dramatic drop coincides with a large whale's significant movement of Shiba Inu tokens. Read Also: XRP Struggles Now, But Analysts See Big Future: $500+ Possible? https://twitter.com/whale_alert/status/1768572445877764134 Whale Transfers Spark Sell-Off Concerns Whale Alert, a service that tracks cryptocurrency whale movements, identified a substantial transfer of SHIB to crypto exchanges Gate.io and Binance. The...
Shiba Inu Investor Turns $4K into 127 Million Dollar Fortune
Shiba Inu

Shiba Inu Investor Turns $4K into 127 Million Dollar Fortune

Lookonchain, a prominent crypto surveillance platform, has identified a shrewd Shiba Inu investor. This investor turned a mere $4,000 investment into a life-changing $127 million fortune. Lookonchain's tweet highlighted a savvy Shiba Inu (SHIB) investor who recently cashed out after holding the asset for nearly four years. The blockchain data reveals the investor's journey began in August 2020, just as SHIB launched. He was an early adopter, acquiring 15.27 trillion SHIB tokens for roughly $3,793 (10 Ethereum tokens). Read Also: Shiba Inu Coin (SHIB) Experiences Bullish Run, Future Looks Bright https://twitter.com/lookonchain/status/1767549984197713986 Capitalizing on SHIB's price surge in late 2021, the investor strategically sold a significant portion of his holdings, exceedi...
Shiba Inu Coin (SHIB) Experiences Bullish Run, Future Looks Bright
Shiba Inu

Shiba Inu Coin (SHIB) Experiences Bullish Run, Future Looks Bright

Shiba Inu Coin (SHIB), the meme-inspired cryptocurrency, has recently surged in popularity, marking a significant bullish trend. SHIB surpassed the $0.00003 resistance level, boasting a remarkable 250% increase in just a few days. This impressive growth has grabbed the attention of cryptocurrency enthusiasts and investors worldwide. Read Also: Terra Classic (LUNC) Gains Momentum with WEEX Listing, Eyes Dominance in Bull Run Despite the recent climb, SHIB has experienced some minor corrections. Over the past two days, its value dipped slightly to $0.00003067. Currently, SHIB trades at $0.00003275 with a trading volume of $1.61 billion over the past 24 hours. Shiba Inu's Journey: Peaks and Valleys SHIB's history is a rollercoaster ride. It reached its all-time high of $0.00008819...
K9 Finance DAO Token (KNINE) Hits New High, Aims to Unlock Shibarium Liquidity
Shiba Inu

K9 Finance DAO Token (KNINE) Hits New High, Aims to Unlock Shibarium Liquidity

K9 Finance DAO, a partner in the Shiba Inu ecosystem, recently launched its native token, KNINE. Designed for governance and yield generation, KNINE surged to a new all-time high of $0.0003543 on March 11th, representing an over 700% increase from its launch price. KNINE: Governance and Yield Opportunities KNINE token holders have the power to vote on proposals within the K9 Finance DAO. Additionally, they can earn fees and real yield generated by validators on the Shibarium network, Shiba Inu's layer-2 blockchain. These features likely fueled early investor interest. Read Also: Terra Classic (LUNC) Gains Momentum with WEEX Listing, Eyes Dominance in Bull Run Price Volatility Expected for New Token Despite the initial surge, KNINE has seen a retracement to around $0.00022. This vola...
Shiba Inu’s Shibarium Network Sees Surge in Activity and TVL
Shiba Inu

Shiba Inu’s Shibarium Network Sees Surge in Activity and TVL

Shiba Inu (SHIB) price surge fuels activity on Shibarium, its layer-2 blockchain. Shibarium's total value locked (TVL) hit a new high of $2.25 million on March 5th, coinciding with a spike in SHIB price. The rise in TVL is attributed to increased usage and capital injection into the network. Decentralized exchanges Marswap and ChewySwap dominate Shibarium's TVL. Shibarium aims to provide faster transactions and lower fees compared to Ethereum. The network recently surpassed 400 million transactions within seven months of launch. Shiba Inu's Shibarium network is experiencing a period of significant growth. The layer-2 blockchain saw its TVL reach a record high of $2.25 million earlier this month, fueled by the recent surge in SHIB price. This rise in activity reflects gr...
Shiba Inu Secured A Spot In Forbes Top 10 List As One Among Worthy Coin
Shiba Inu

Shiba Inu Secured A Spot In Forbes Top 10 List As One Among Worthy Coin

Shiba Inu, a decentralized blockchain built on the Ethereum network has gotten itself a space in one of the renowned magazines, securing a significant place among the top ten coins with absolute value, a profit-inclined tendency for investors. Shiba Inu, A Worthy Investment Proclaimed By Forbes The Billionaires magazine Forbes delivered its list of 10 digital currencies deserving of interest in March 2024. The list positioned the asset by taking into account their crypto market valuation, with Bitcoin and Ethereum as the lead. interestingly, Shiba Inu was among the list as Forbes' counselors see the asset as a venture commendable regardless of its meme-motivated origin. Read Also: Shiba Inu Partner K9 Finance Launches KNINE Token, Sees Strong Start Forbes' advisor mentioned t...
Shiba Inu Partner K9 Finance Launches KNINE Token, Sees Strong Start
Shiba Inu

Shiba Inu Partner K9 Finance Launches KNINE Token, Sees Strong Start

K9 Finance DAO, a partner of the popular Shiba Inu meme coin, has officially launched its native token, KNINE, on cryptocurrency exchanges. KNINE Now Available for Trading K9 Finance announced the launch on Thursday via its official website and social media channels, sharing the official KNINE contract address. Market tracking websites like CoinMarketCap confirm that KNINE is live for trading, with a market capitalization exceeding $14.12 million. KNINE is currently trading around $0.0001782 on popular decentralized exchanges (DEXes) like Uniswap and Dodoex.io. https://twitter.com/K9finance/status/1765784545146667363?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1765784545146667363%7Ctwgr%5E000528f365a85954d9ffd4479f979d482a3567dd%7Ctwcon%5Es1_&ref_url=https%3A%2F...