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Tag: SHIB Super Store

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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Shibarium Achieves Remarkable Milestone with One Million Transactions and 1.1 Million Wallets in Just Nine Days
6Sep By CryptolifedigitalNo Comments
Shiba Inu

Shibarium Achieves Remarkable Milestone with One Million Transactions and 1.1 Million Wallets in Just Nine Days

In a whirlwind of activity and adoption, Shibarium, the innovative layer-2 scaling solution associated with the popular Shiba Inu cryptocurrency, has made headlines by surpassing a monumental milestone. In just nine days since its relaunch, Shibarium has recorded over one million transactions, accompanied by an astounding increase in the number of wallets, which has now exceeded 1.1 million. This unprecedented growth showcases the burgeoning interest and adoption of Shibarium's revolutionary layer-2 solution. Read Also: Binance Expands Support for XRP with Introduction of XRP/FDUSD Trading Pair According to Shibariumscan, a dedicated explorer for the Shibarium network, the platform has tallied an astonishing 1,168,483 transactions as of the current press time. This incredible achieve...
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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’s Commitment to Reduce SHIB Token Supply through Shibarium Adoption
4Sep By Daniel AbangNo Comments
Shiba Inu

Shiba Inu’s Commitment to Reduce SHIB Token Supply through Shibarium Adoption

In a recent tweet, Shiba Inu's marketing specialist, Lucie, reiterated the project's determination to reduce the circulating supply of the SHIB token. Lucie emphasized the importance of the community's involvement in adopting Shibarium, a new scaling solution introduced by Shiba Inu. Here's a comprehensive look at the latest developments: Shibarium: The Key to Burning SHIB Token Lucie urged the SHIB Army to actively engage with Shibarium, highlighting that without mass adoption of this new blockchain, SHIB tokens would not be burned effectively. According to Lucie, the current documentation for Shibarium explains the burning mechanism, but more information will be provided in an upcoming release. Read Also: Shiba Inu (SHIB) Community Awaits Accelerated Burn Rates to Reach $0.01 Price ...
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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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Shibarium, layer-2 network, officially goes live.
17Aug By OLAJIDE SAMUELNo Comments
Shiba Inu

Shibarium, layer-2 network, officially goes live.

In a monumental stride for the Shiba Inu (SHIB) ecosystem, developers have unveiled Shibarium, an advanced layer-2 network, onto the Ethereum mainnet. Serving as the bedrock of the "Shiba Inu State," Shibarium addresses the scalability hurdles faced by Shiba Inu on the Ethereum network. https://twitter.com/Shibtoken/status/1691935726244409446 Shiba Inu's Shibarium Revolutionizes Ethereum with Layer-2 Advancement This innovation, akin to other layer-2 solutions, aims to tackle Ethereum's intrinsic scalability constraints head-on. Through heightened transaction throughput and diminished fees, even outperforming Polygon (MATIC) in terms of cost-effectiveness, Shibarium aspires to elevate user experiences across decentralized applications (dApps) and transactions. Read Also: Beware of...
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Shiba Inu Community Incinerates 2.09 Billion SHIB in Epic Burn Spree, SHIB Price Surges by 9.6% in a Month
1Aug By OLAJIDE SAMUELNo Comments
Shiba Inu

Shiba Inu Community Incinerates 2.09 Billion SHIB in Epic Burn Spree, SHIB Price Surges by 9.6% in a Month

Shiba Inu's monthly burn rate witnessed an impressive surge of 26.65% in the past thirty days, as the Shiba Inu Community set fire to a staggering 2.09 billion SHIB tokens. The burn took place through 412 separate transactions, permanently removing these tokens from circulation. This significant increase in burn activity has driven the price of SHIB to appreciate by 9.6% in the last month, leading the cryptocurrency to claim the 14th spot in the global market capitalization rankings. Read Also: Shiba Inu Community Gears Up for Shibarium Mainnet Launch with Thrilling Hackathon Event https://twitter.com/shibburn/status/1686229087650500608 Shiba Inu community burns above 2 billion SHIB in July The Shiba Inu Community orchestrated this remarkable feat by burning 2,094,566,264 SHIB, sur...
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Akai Token Burns Over 800 Million Shiba Inu (SHIB) Tokens, Sparking Surge in Burn Rate
11Jul By OLAJIDE SAMUELNo Comments
Shiba Inu

Akai Token Burns Over 800 Million Shiba Inu (SHIB) Tokens, Sparking Surge in Burn Rate

Akai Token (AKAI), a newly-emerged project, has caught the attention of the crypto community as it conducted an epic burn spree, eliminating a staggering 804 million SHIB tokens from circulation. The burn spree, initiated by Akai Token, has caused the overall burn rate to skyrocket by 8991.55% in the past 24 hours, according to data from Shibburn.com, a popular data-tracking platform. The burn spree began precisely at 02:03:23 AM +UTC on July 10th when Akai Token sent a modest 313,739 SHIB to the dead wallet in a single transaction. However, this was just the start, as Akai Token continued conducting multiple transactions to remove millions of SHIB tokens from circulation. As of the latest update, Akai Token has successfully burned 803,965,517 (803.96 million) SHIB through 102 separate ...
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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 Super Store, One Of The Community-led Initiatives, Burns 26.77M SHIB In One Transaction,
22Nov By CryptolifedigitalNo Comments
Shiba Inu

SHIB Super Store, One Of The Community-led Initiatives, Burns 26.77M SHIB In One Transaction,

In a recent development, it was revealed that one of the community-led SHIB Burn initiatives, Super Store sent a massive 26.77 Million SHIB to the “inferno” addresses in one significant transaction using SHIB Burn Portal. Recall that Travis Johnson, the SHIB Super Store Owner and game developer shared the good news on his Offical Twitter handle saying it would now help SHIB to reduce its gigantic supply via Fiverr, the world’s largest marketplace for digital services. 10% of every gig payment would go towards burning Shiba Inu, the world’s most popular canine-themed cryptocurrency. Read Also: Ripple's General Counsel Slams SEC Saying It Does Not Has Power To Label XRP A Security SHIB Super Store Burns A Massive 26.77M The current latest Superstore burning was also shared on i...
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