SHIB Super Store Archives - Page 2 of 3

Shiba Inu’s Shytoshi Kusama Reveals Ambitious Plans for SHIB, Prompts Price Surge and Burn Rate Soars

16Dec

By Tolulope ZaccheausNo Comments

Shiba Inu

Shiba Inu’s Shytoshi Kusama Reveals Ambitious Plans for SHIB, Prompts Price Surge and Burn Rate Soars

Shytoshi Kusama, the lead developer of Shiba Inu (SHIB), recently unveiled significant developments within the SHIB token ecosystem, sparking a surge in optimism and a notable rise in Shiba Inu's price. The revelation of an upcoming massive burn and a strategic shift in the token's trajectory has garnered attention in the crypto community. SHIB's Transformational Journey Shytoshi Kusama took to social media to shed light on the efforts of the Shiba Inu community to enhance SHIB tokenomics. Highlighting the evolution of SHIB beyond memes and lore, Kusama emphasized the token's transition to becoming a global standard in the crypto and blockchain space. Read Also: Changelly Report Unveils Bullish XRP Price Predictions Following Regulatory Clarity The lead developer hinted at a monume...

Shibarium Surges: Developers Announce Major SHIB Token Burn Amidst Rising Transactions

13Dec

By CryptolifedigitalNo Comments

Shiba Inu

Shibarium Surges: Developers Announce Major SHIB Token Burn Amidst Rising Transactions

In a significant development for the Shiba Inu community, Shibarium, the Layer-2 scaling solution, experienced a surge in transactions on its mainnet, leading to a massive 8.2 billion SHIB token burn last week. As enthusiasts delve into the 6th edition of SHIB Magazine, the official Shiba Inu burn tracker reports a remarkable 127% increase in daily burns, sparking discussions within the SHIB Army. Shibarium's Recent Activity and Increased Burns Shibarium, the Layer-2 scaling solution, witnessed a tsunami of transactions on its mainnet, setting the stage for a substantial 8.2 billion SHIB token burn. The Shiba Inu community eagerly awaits the effects of this burn on the market dynamics. Read Also: Borrow Finance Emerges as a Promising Opportunity for Terra Luna Classic and XRP Holders ...

Shiba Inu’s Path to Monumental Price Milestones: Can It Reach $0.001, $0.01, $0.1, and $1?

30Sep

By CryptolifedigitalNo Comments

Shiba Inu

Shiba Inu’s Path to Monumental Price Milestones: Can It Reach $0.001, $0.01, $0.1, and $1?

In the midst of ongoing market uncertainty, investors are closely watching Shiba Inu (SHIB), a cryptocurrency that has gained significant attention for its rapid price movements. The burning question on many investors' minds is whether SHIB can achieve substantial price milestones, including $0.001, $0.01, $0.1, and the ambitious $1 mark. Read Also: Shibarium ID to Launch Next Month, Pioneering Web3 Domain Trading on Shibarium Network Current State of Shiba Inu As of press time, Shiba Inu is trading at $0.000007331, setting the baseline for its monumental ascent. This current price indicates that SHIB would need to undergo substantial price surges to reach its predetermined targets. Price Milestones and Implications $0.001 For SHIB to reach $0.001, it must embark on a staggering ...

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...

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...

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...

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 ...

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...

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...

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...