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Tag: SHIB Wikipedia

Shiba Inu Emerges as Second-Most Traded Cryptocurrency on Leading Indian Exchange WazirX
30Dec By Daniel AbangNo Comments
Shiba Inu

Shiba Inu Emerges as Second-Most Traded Cryptocurrency on Leading Indian Exchange WazirX

In a notable revelation, WazirX, one of the leading cryptocurrency exchanges in India, has identified Shiba Inu (SHIB) as the second-most traded coin on its platform, according to its End of Year report published on December 28. The report highlighted Shiba Inu's impressive trading activity, positioning it just behind Bitcoin in terms of volume on the exchange. Notably, Shiba Inu surpassed other prominent cryptocurrencies, including XRP, ETH, TRX, DOGE, MATIC, GFT, and FTT. Read Also: Chamber of Digital Commerce CEO Foresees Bitcoin at $1 Million by 2029, Advocating for Mass Adoption WazirX's Insights and Shiba Inu's Performance While WazirX did not disclose specific trading volume details for Shiba Inu in 2023, the exchange emphasized that Bitcoin and Shiba Inu remained the top-perfo...
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Shiba Inu’s Christmas Journey: From Trillions to Billions in Returns
27Dec By Adaralegbe Tosin MNo Comments
Shiba Inu

Shiba Inu’s Christmas Journey: From Trillions to Billions in Returns

As the world celebrates the fourth Christmas since Shiba Inu's debut in August 2020, The Crypto Basic explores the fascinating evolution of a $1,000 investment in Shiba Inu on various Christmas days, revealing a rollercoaster ride of astronomical gains and occasional setbacks. $1k Invested in Shiba Inu on Christmas Day 2020: A Trillion-Token Turnaround On Christmas Day 2020, Shiba Inu opened trading at a fraction of a fraction of a dollar, specifically at $0.000000000168. An investor seizing the opportune moment when Shiba hit an intra-day low of $0.000000000127 would have acquired a staggering 7.87 trillion SHIB tokens. Fast forward to the present, with Shiba Inu's prevailing market value at $0.00001066, that $1,000 investment is now worth an astonishing $83,937,007. This represents an ...
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Shiba Inu (SHIB) Price Analysis: Positive Trends, Market Performance, and Unrealistic $1 Target
19Dec By Adaralegbe Tosin MNo Comments
Terra Classic (LUNC)

Shiba Inu (SHIB) Price Analysis: Positive Trends, Market Performance, and Unrealistic $1 Target

In recent days, Shiba Inu (SHIB) has maintained its position in the crypto market, currently priced at $0.00001042 with a trading volume of $237.87 million in the last 24 hours. The token's market cap stands at $6.14 billion, representing a 0.38% market dominance and a 5.87% increase in the past day. Shiba Inu's highest recorded price was on October 28, 2021, at $0.00008819, while the lowest was on November 28, 2020, at $0.000105637. Despite reaching an all-time high, the price dropped to $0.00005603, and the highest since then is $0.00001179. The current sentiment for SHIB is bullish, with a Fear & Greed Index reading of 73 (Greed). Read Also: Terra (LUNA) Surges into Top 100 Cryptos and Pullix (PLX) Presale Gains Momentum: A Comprehensive Overview" In terms of market cap ran...
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Shiba Inu (SHIB) Community Anticipates Groundbreaking Announcement as Lead Developer Hints at “Year-Ending Surprise”
15Dec By CryptolifedigitalNo Comments
Shiba Inu

Shiba Inu (SHIB) Community Anticipates Groundbreaking Announcement as Lead Developer Hints at “Year-Ending Surprise”

In a recent development that has set the Shiba Inu (SHIB) community abuzz, the lead developer, Shytoshi Kusama, hinted at an imminent announcement that is expected to be a defining moment for the SHIB ecosystem. The community eagerly awaits what has been teased as an announcement that could "break the internet." Teasing the Announcement on Social Media Lucie, the Marketing Lead for Shiba Inu, took to her X (formerly Twitter) platform to share a tantalizing screenshotted Telegram message from Shytoshi Kusama. The caption accompanying the post read, "...Let’s break the internet," suggesting that the impending announcement is poised to evoke significant reactions within the crypto space. Read Also: Cardano Dominates On-Chain Activity, Surpasses Bitcoin and Ethereum in 24-Hour Transaction...
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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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Shiba Inu (SHIB) Witnesses Unprecedented Token Burning Surge, Community Optimistic for Price Breakout
28Nov By Tolulope ZaccheausNo Comments
Shiba Inu

Shiba Inu (SHIB) Witnesses Unprecedented Token Burning Surge, Community Optimistic for Price Breakout

In a surprising turn of events, Shiba Inu (SHIB), the renowned dog-themed digital asset, experienced an extraordinary surge in burning activity over the last 24 hours. Data from shibburn.com revealed that a staggering 264,204,009 SHIB tokens, equivalent to approximately $2,245, were burned and sent to dead wallets during this period. This marks an astonishing 499,416% increase in burning activity compared to the previous day, sparking renewed optimism within the Shiba Inu community. Read Also: Terra Classic Community Sparks Price Surges and Confidence Boost with Unanimous Approval of Crucial Proposal Massive Burn Ignites Optimism The surge in burning activity has triggered a wave of positivity among Shiba Inu enthusiasts, who interpret this significant increase in token burning as a p...
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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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Shiba Inu’s Team To Release Weapon To Fight Against Scams And FUDs In The Ecosystem: SHIB Wikipedia
30Jul By Cryptolifedigital1 Comment
Shiba Inu

Shiba Inu’s Team To Release Weapon To Fight Against Scams And FUDs In The Ecosystem: SHIB Wikipedia

The Shiba Inu community aim at fighting the scams and FUDs about the project by creating SHIB Wikipedia. In the same premise, there is prominent growth in the Shibarium documentation and woofpaper v3. https://twitter.com/ShibaTrophias/status/1553112847315398656  The update was released on a Twitter handle, $SHIB BPP and was confirmed by another called Shib Trophias: “Can confirm there is a wiki/doc section in the works. It’s gotta look sleek! Shibarium Documentation and Woofpaper v3 are also a part of this as well.” Read Also: Ripple Records 9X Year-of-Year Increase In ODL As The Total Sales Of $408 Million XRPs In The Second Quarter Read Also: Hard Fork Is Postponed Again To Give Room For Engineers To Carry Out More Test On It, No Precise Date For Deployment Yet ...
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