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Shiba Inu Collaborates with CDSA, SHIB Burn Rate
Shiba Inu

Shiba Inu Collaborates with CDSA, SHIB Burn Rate

Shiba Inu (SHIB) continues to make waves with a new collaboration and a community-driven burn initiative. Shytoshi Kusama, the anonymous leader of SHIB, recently addressed the community regarding their partnership with the Content Delivery Security Association (CDSA). Read Also: Terra Luna Classic Eyes Dedicated Dev Team, Community Decides Roles This collaboration focuses on exploring the potential of blockchain technology within the media and entertainment industry. Kusama, in a message shared by SHIB's social media lead Lucie, highlighted how this partnership will empower CDSA executives to "better utilize these innovative technologies" as blockchain and AI converge. https://twitter.com/LucieSHIB/status/1778439071737557169 Founded in 1970, CDSA is a non-profit organization de...
Shiba Inu Community Grows Despite Market Dip, Eyes on Key Resistance Level
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Shiba Inu Community Grows Despite Market Dip, Eyes on Key Resistance Level

While the broader cryptocurrency market experienced a decline on Tuesday, Shiba Inu displayed resilience, with its price dropping only slightly. This comes amidst a significant milestone for the meme coin, surpassing a whopping 4 million total addresses according to IntoTheBlock. Read Also: Shiba Eternity Gets Major Upgrade, Paves Way for Play-to-Earn Reaching New Heights: 4 Million Addresses and Beyond This achievement signifies a growing interest and potential mainstream adoption of SHIB. "Total addresses" refers to all addresses that have ever interacted with SHIB, including those currently holding it. Notably, the number of addresses with a current SHIB balance has also reached 1.3 million. This growth in both total and active addresses suggests a thriving user community and bo...
Shiba Eternity Gets Major Upgrade, Paves Way for Play-to-Earn
Shiba Inu

Shiba Eternity Gets Major Upgrade, Paves Way for Play-to-Earn

Shiba Inu's Shiba Eternity, the popular meme-coin-inspired collectable card game (CCG), received a significant update focused on enhancing gameplay and laying the groundwork for the highly anticipated play-to-earn (P2E) feature. Improved Performance and Bug Fixes The update addresses several pain points reported by players. The functionality of the Princess Andromeda card has been rectified, eliminating issues it previously caused. Additionally, lag induced by Stealth Fighter cards is a thing of the past. These improvements ensure a smoother and more enjoyable experience for Shiba Eternity players on both Android and iOS devices. Read Also: Singapore-based Exchange WEEX Joins Forces with Terra Classic Community to Burn LUNC Tokens Shiboshi and Kibble Revamp on the Horizon: The u...
Shiba Inu: Can It Make You a Millionaire? Investors Eye Big Returns Despite Market Downturn
Shiba Inu

Shiba Inu: Can It Make You a Millionaire? Investors Eye Big Returns Despite Market Downturn

Shiba Inu (SHIB), the meme coin that took the crypto world by storm, continues to hold above $0.000025 despite the broader market slump. While it hasn't escaped the downturn entirely, this resilience has some investors cautiously optimistic. Shiba Inu Eyes Higher Ground Analysts predict a potential breakout for SHIB, with some setting ambitious targets of $0.00015 and even $0.0052. Reaching these levels would shatter previous highs for Shiba Inu. Read Also: Terra Classic (LUNC) Price Prediction: Potential Surge After Bitcoin Halving? This optimistic outlook has fueled investor interest, with Whale addresses accumulating SHIB at current discounted prices. The question on everyone's mind: how much SHIB do you need to become a millionaire if these targets become reality? The Math Beh...
Shiba Inu Burns Light Up March, Community Blazes Through 15 Billion SHIB
Shiba Inu

Shiba Inu Burns Light Up March, Community Blazes Through 15 Billion SHIB

March was a banner month for the Shiba Inu community, marked by a significant price surge and a whopping 15.64 billion SHIB tokens burned. This aggressive burning campaign represents a 2,330% increase in the monthly burn rate compared to February. Read Also: XRP Struggles to Regain $1 Glory, Analysts Divided on April Prospects Over 15 Billion SHIB Sent to the Dead Wallet Shiba Inu enthusiasts burned a staggering 15,644,329,668 SHIB tokens last month, according to data from Shibburn. This burning process effectively removes tokens from circulation, potentially influencing the token's price by increasing scarcity. The burn transactions spanned 217 individual events, with the most significant occurring on March 9th. The Shiba Inu ecosystem team initiated two separate burns on that day, t...
Shiba Inu Search Interest Surges, Signaling Renewed Investor Optimism
Shiba Inu

Shiba Inu Search Interest Surges, Signaling Renewed Investor Optimism

Shiba Inu (SHIB) is experiencing a resurgence in interest, with Google Trends data revealing a significant increase in search queries this month. While the current popularity of "Shiba Inu" sits at 48 over 7 days, slightly below the average, it's still higher than the beginning of the year and a far cry from the peak of 100 reached on March 16th. Beyond Just "Shiba Inu": Search trends indicate a deeper dive from investors, with queries like "Why is Shiba Inu going up" and "Shiba Inu All-Time High" gaining traction. Read Also: Terra Classic (LUNC) and USTC Surge on News of Do Kwon's Release Global Appeal with Localized Spikes Shiba Inu enjoys international interest, but specific countries are driving the recent surge. Over the past 3 months, Google Trends data highlights 10 countrie...
Shibarium Eyes Top 5 Blockchain Spot, Community Collaboration Key
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Shibarium Eyes Top 5 Blockchain Spot, Community Collaboration Key

Shiba Inu's layer-2 scaling solution, Shibarium, is aiming high. Led by marketing lead Lucie's optimistic prediction of a top 5 blockchain ranking, the project is rallying its community for active participation. Shibarium: A Bumpy Start, Steady Progress Launched in August 2023, Shibarium's initial rollout faced challenges. However, the development team persevered, improving throughput and network stability. Despite a peak daily transaction count of 7.8 million, current figures hover around 593,680. The total transaction count sits at over 412 million, with a fast block time of 5 seconds. Read Also: Elon Musk Tweet Sends Dog-Themed Memecoins on a St. Paddy's Day Frenzy TVL Growth Needed, Community Activity Strong While Shibarium's Total Value Locked (TVL) of $1.59 million positions ...
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...