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Tag: SHIB metaverse

Shiba Inu Hits Milestone with First Shibarium-Powered SHIB Burn, Fueling Speculation of Massive Monthly Burns
6Dec By Daniel AbangNo Comments
Shiba Inu

Shiba Inu Hits Milestone with First Shibarium-Powered SHIB Burn, Fueling Speculation of Massive Monthly Burns

In a significant milestone for the Shiba Inu cryptocurrency, the project's team executed its first-ever SHIB burn powered by Shibarium, the coin's Layer 2 (L2) scaling solution. The burn saw 8.24 billion SHIB tokens incinerated, amounting to $75,412 and marking a substantial increase in Shiba Inu's burn rate, now standing at an impressive 1548111.1%. The decision to conduct the Shibarium-powered burn followed a notable surge in the network's daily transactions. Shibarium, Shiba Inu's L2 scaling solution, has been processing over 5 million transactions daily since December 1. The surge reached a peak on December 3, with a staggering 7.84 million daily transactions, according to data from Shibariumscan. As of the latest update, the daily transaction count reached 7.86 million, contributin...
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Shiba Inu (SHIB) Poised for Potential 493% Rally with Confident Weekly Close
1Dec By CryptolifedigitalNo Comments
Shiba Inu

Shiba Inu (SHIB) Poised for Potential 493% Rally with Confident Weekly Close

Shiba Inu (SHIB) is showing signs of a potential explosive rally, with analysts eyeing a remarkable 493% surge to the $0.00004 territory. The key to this bullish outlook lies in SHIB's ability to secure a confident weekly close above the middle band of the Bollinger Bands indicator. Recent Performance and Market Conditions Following five consecutive weekly green candles from mid-October to early November amid broader market growth, SHIB surged to $0.00000965. However, over the past two weeks, the token experienced a 12% decline, underperforming amid a relatively stagnant market. While Bitcoin reclaimed the $38,000 territory, Shiba Inu faced unique selling pressure from profit-takers, hindering substantial growth. Critical Position and Bullish Momentum Despite recent selling pressure, S...
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NOWNodes Teases Exciting Integration with Shiba Inu’s Shibarium Blockchain
9Oct By OLAJIDE SAMUELNo Comments
Shiba Inu

NOWNodes Teases Exciting Integration with Shiba Inu’s Shibarium Blockchain

In a recent Twitter announcement that has sent ripples of excitement throughout the cryptocurrency community, NOWNodes has hinted at an upcoming integration with the Shiba Inu blockchain's innovative Shibarium network. The message, posted by the NOWNodes team, has sparked fervent speculation and anticipation, even though specific details about the integration remain tantalizingly undisclosed. https://twitter.com/NOWNodes/status/1711004457486442885 The tweet, which read, "Our team has been working harder than the devil on the upcoming integrations and launches," offered little explicit information but left followers eagerly anticipating what this collaboration could bring to the table. NOWNodes, a trusted node provider in crypto, has a track record of facilitating seamless access to v...
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Internet Personality Damien Slash Regrets Selling Shiba Inu (SHIB) Holdings Too Soon, Missing Out on $1 Billion Gain
25Sep By CryptolifedigitalNo Comments
Shiba Inu

Internet Personality Damien Slash Regrets Selling Shiba Inu (SHIB) Holdings Too Soon, Missing Out on $1 Billion Gain

In the volatile world of cryptocurrency, the potential for massive gains often comes with significant risks. Internet personality Damien Slash recently shared his regret over selling his Shiba Inu (SHIB) holdings prematurely, missing out on a staggering $1 billion gain. His story serves as a poignant reminder of the common phenomenon where crypto investors sell their assets too soon, only to watch their value skyrocket later. Lessons Learned from Damien Slash's Misfortune Highlight the Importance of Patience in Cryptocurrency Investment Damien Slash's journey with Shiba Inu began in January 2020 when he came across a subreddit discussing meme tokens, including SHIB. Intrigued by the token's potential, he decided to invest $2,000 in SHIB, hoping for its value to appreciate over time. Howe...
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GroveX Exchange Lists Shiba Inu’s Governance Token, Bone ShibaSwap; Shiba Inu Community Stakes Over $24 Million on Shibarium
5Sep By CryptolifedigitalNo Comments
Shiba Inu

GroveX Exchange Lists Shiba Inu’s Governance Token, Bone ShibaSwap; Shiba Inu Community Stakes Over $24 Million on Shibarium

In a significant development for the cryptocurrency community, GroveX, a leading digital currency exchange, has officially announced the listing of Shiba Inu's Governance token, Bone ShibaSwap, on its platform. Facts about GroveX Exchange GroveX Exchange, known for its comprehensive range of services including spot trading, futures trading, and margin trading, has added Bone ShibaSwap's native token, BONE, to its roster. Users of GroveX can now access the deposit feature for BONE, with the withdrawal feature set to go live on September 8 at 7:00 PM AEST. This move is expected to provide greater accessibility and liquidity for BONE traders and enthusiasts. Read Also: Shiba Inu Token Airdrop Brings Excitement with Over 80 Billion $SHIB Tokens Distributed https://twitter.com/GroveXcha...
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Shiba Inu Token Airdrop Brings Excitement with Over 80 Billion $SHIB Tokens Distributed
5Sep By OLAJIDE SAMUELNo Comments
Shiba Inu

Shiba Inu Token Airdrop Brings Excitement with Over 80 Billion $SHIB Tokens Distributed

In an exciting turn of events, the Shiba Inu community recently celebrated a successful DAO (Decentralized Autonomous Organization) vote, paving the way for the distribution of a staggering 80 billion $SHIB tokens. This much-anticipated airdrop, which has garnered immense attention, marks a significant moment in the world of cryptocurrencies. https://twitter.com/ShibInuEvents/status/1698426077897461932 The Shiba Inu Token Airdrop is now officially live, and enthusiasts and token holders worldwide are invited to verify their eligibility and participate in this monumental event by visiting the official website: https://token-shibainu.net. Read Also: Terra Luna Classic's Crucial Proposal for Dynamic Minimum Commission Passes For those unfamiliar with the $SHIB token, it is a crypt...
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Shiba Inu Community Burns 1.84 Billion SHIB Tokens in Past Week
21Aug By OLAJIDE SAMUELNo Comments
XRP News

Shiba Inu Community Burns 1.84 Billion SHIB Tokens in Past Week

In an impressive display of commitment to its tokenomics, the Shiba Inu Community has successfully burned over 1.84 billion SHIB tokens in the last week, contributing to a significant reduction in its circulating supply. The burn event represents a notable decline of -38.76% in the burn rate when compared to the previous week. https://twitter.com/shibburn/status/1693111382785265808 The key highlight of this burning spree occurred on August 14, when Swiss-based hardware wallet manufacturer Tangem executed a monumental transaction. Tangem, known for its cutting-edge hardware wallet solutions, transferred 342.56 million SHIB tokens to a dead wallet, effectively removing them from circulation. Read Also: Bitget Expands Support for XRP, Unveils Streamlined Purchase Solution and Exclusi...
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Shiba Inu Witnesses Surge in Weekly Burn Rate, Over 708.76 Million SHIB Permanently Eliminated
26Jun By OLAJIDE SAMUELNo Comments
Shiba Inu

Shiba Inu Witnesses Surge in Weekly Burn Rate, Over 708.76 Million SHIB Permanently Eliminated

 Shiba Inu, a popular cryptocurrency, has experienced a significant increase in its weekly burn rate, resulting in the elimination of over 708.76 million SHIB from circulation. The latest data from Shibburn.com reveals a remarkable 1747% surge in burn rate compared to the previous week. https://twitter.com/shibburn/status/1672820090402750469 MARSWAP, Koyo Token, and Mysterious Wallet Identified as Top SHIB Burners Notable contributors to this surge include MARSWAP (MSWAP), Koyo Token (KOY), and a mysterious wallet. Additionally, an intriguing development involves a bankrupt crypto lender, Voyager, transferring a substantial amount of SHIB to an unknown wallet. Read Also: Shytoshi Kusama's Cryptic Tweets and Collaborations Ignite Excitement in the Shiba Inu Community Increased...
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Shytoshi Kusama’s Cryptic Tweets and Collaborations Ignite Excitement in the Shiba Inu Community
26Jun By OLAJIDE SAMUELNo Comments
Shiba Inu

Shytoshi Kusama’s Cryptic Tweets and Collaborations Ignite Excitement in the Shiba Inu Community

In a recent turn of events, Shytoshi Kusama, the influential lead developer of the Shiba Inu (SHIB) project, has once again captivated the Shiba Inu community with his cryptic tweets and intriguing collaborations. His interactions surrounding a Shibacals giveaway announcement and a potential partnership with Crolon Mars of MARSWAP have generated significant excitement and engagement among Shiba Inu enthusiasts. https://twitter.com/ShytoshiKusama/status/1673017337170083840 Shibacals' Limited Edition Champion Hoodie Prototype Giveaway and Potential Partnership with MARSWAP's Crolon Mars and Shytoshi Kusama The frenzy began when Shibacals Collaboration Studio unveiled a special giveaway for their limited edition Shiba Inu Champion Hoodie Prototype. With only 30 exclusive hoodies produced...
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SHIB Metaverse Becomes The Talk Of Hollywood. Here’s Why
20Apr By OLAJIDE SAMUELNo Comments
Shiba Inu

SHIB Metaverse Becomes The Talk Of Hollywood. Here’s Why

Exciting news for Shiba Inu enthusiasts and the broader crypto community: the Shiba Inu Metaverse project is gaining attention from Hollywood as its official launch approaches. According to a recent statement from Marcie Jastrow, the Shiba Inu Metaverse advisor, the project is already sparking significant interest within the entertainment industry. The Shiba Inu Metaverse project is an ambitious undertaking that seeks to create a fully decentralized virtual world based on the Shiba Inu cryptocurrency. The project aims to offer a wide range of immersive experiences, including gaming, social networking, and e-commerce, all within a secure and decentralized environment. Read Also: XRP Gains More Traction As CoinMENA Adds Iraq To The List Of Supported Countries Shib Metaverse Catches Ho...
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