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Tag: Shiba inu Game

Shiba Inu Marketing Fuels Optimism in India, Despite Price Volatility
20Apr By OLAJIDE SAMUELNo Comments
Shiba Inu

Shiba Inu Marketing Fuels Optimism in India, Despite Price Volatility

Shiba Inu's marketing lead, Lucie, took a step to boost market confidence by highlighting a positive trend for the meme coin in India. Lucie's post on X today focused on Shibarium bridging, which became a top trending topic in India. This has sparked significant interest among Indian crypto traders, underlining Shiba Inu's growing popularity within the country. Read Also: Bitcoin Halving Triggers Volatility, But Analysts Bullish on Cardano's Future BridgeToShibarium: A Spark of Optimism Lucie's post highlighted #BridgeToShibarium trending on X in India. This trend aligns with Shiba Inu's recent introduction of PIKA and DAMN tokens, which enhance Shibarium's functionality. PIKA, the "Pre-sale Killer," automates presales on the Shibarium network, while DAMN, the "Sol-Killer," manages li...
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Shiba Inu Burn Rate Surges with Massive 650 Million SHIB Transaction
15Apr By OLAJIDE SAMUELNo Comments
Shiba Inu

Shiba Inu Burn Rate Surges with Massive 650 Million SHIB Transaction

The Shiba Inu community's dedication to the token's deflationary goals recently received a significant boost. Despite a period of relative quiet, a mysterious wallet sent a whopping 650 million SHIB (Shiba Inu tokens) to a burn address, significantly impacting the burn rate. Read Also: Shiba Inu Soars: Meme Coin Maturing into Market Contender This transaction, which occurred on April 14th at 1:31 AM UTC, marked the single largest burn in over a month. At the time, SHIB was trading at $0.000021, making the burned tokens worth roughly $13,650. Community Efforts and a Surprise Contribution The Shiba Inu community has consistently contributed to the ongoing burn initiative, with various projects sending millions of SHIB tokens to dead wallets. However, the origin of this particular 650...
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Shiba Inu Content Specialist Unveils Criteria for Endorsing Shibarum Projects
15Apr By Kayode Oke MichaelNo Comments
Shiba Inu

Shiba Inu Content Specialist Unveils Criteria for Endorsing Shibarum Projects

Shiba Inu content marketing specialist Lucie recently laid out five new policies guiding her endorsement of projects built on Shibarium, the Shiba Inu ecosystem's dedicated layer-2 blockchain. Lucie emphasized that these policies are her own and don't represent the official views of the Shiba Inu development team. Read Also: Grant Thornton Pensions Fund Selects Cardano as Fiduciary Manager https://twitter.com/LucieSHIB/status/1779368977338114174 Focus on SHIB and BONE Utility A core consideration for Lucie is a project's contribution to burning SHIB tokens, a key strategy for reducing overall supply and potentially increasing value. Additionally, she looks for projects that enhance the utility of Bone ShibaSwap (BONE), Shibarium's gas token. This could involve mechanisms for BONE b...
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Shiba Inu Community Grows Despite Market Dip, Eyes on Key Resistance Level
11Apr By OLAJIDE SAMUELNo Comments
Uncategorized

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...
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Shiba Inu Poised for Breakout, Analysts Eye New Yearly Highs
8Apr By OLAJIDE SAMUELNo Comments
Shiba Inu

Shiba Inu Poised for Breakout, Analysts Eye New Yearly Highs

Shiba Inu (SHIB), the popular meme coin, is attracting attention from market analysts who predict a significant price surge. This comes after a recent market downturn and amidst Bitcoin's (BTC) resurgence above $72,000. Analysts point to a symmetrical triangle formation on SHIB's price charts across multiple timeframes, suggesting a potential breakout. This technical indicator often precedes a major price move. Read Also: Cardano Price Prediction: Bullish Targets Up to $9.71 Envisioned by Cardano Ghost Fund Co-founder Eyes on the Prize: $0.000049 to $0.0001 World of Charts, a prominent analyst, identified a symmetrical triangle in the 4-hour timeframe. SHIB's recent climb above $0.000029 is seen as a retest of the triangle's upper trendline, potentially leading to a breakout. This ...
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Shiba Inu (SHIB) Nears Critical Support Level, Potential for Revival
2Apr By OLAJIDE SAMUELNo Comments
Shiba Inu

Shiba Inu (SHIB) Nears Critical Support Level, Potential for Revival

The cryptocurrency market witnessed sharp fluctuations today, impacting Shiba Inu (SHIB) alongside other digital assets. SHIB's price is approaching a crucial support range estimated between $0.000025 and $0.000024. This level holds significance because it aligns with previous instances where SHIB experienced growth. Critical Support for Potential Revival Analysts are closely monitoring SHIB's chart, where this specific price range emerges as a potential turning point. Historically, SHIB has demonstrated the ability to springboard from this level, suggesting a similar outcome could be on the horizon. The area also represents a robust support zone that has historically prevented steeper price drops. These support ranges typically attract buy orders, further solidifying their role in price...
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Shibarium Eyes Top 5 Blockchain Spot, Community Collaboration Key
18Mar By Onche Michael ONo Comments
Uncategorized

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 ...
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Shiba Inu Burns: Token Incineration Soars 6,000%, While Shibarium Sees Mixed Signals
15Jan By OLAJIDE SAMUELNo Comments
Shiba Inu

Shiba Inu Burns: Token Incineration Soars 6,000%, While Shibarium Sees Mixed Signals

The Shiba Inu community is excited after a remarkable 6,000% surge in the token's burn rate over the past week. This translates to a whopping 9.4 billion SHIB tokens sent to the incinerator, permanently removing them from circulation. This strategic move has ignited discussions about its potential impact on the price and future of Shiba Inu. Burning for Brighter Days? Token burns are a common practice in the cryptocurrency world, aiming to reduce the circulating supply and potentially drive up the price through increased scarcity. In Shiba Inu's case, this recent burn spree represents over 10% of the total tokens destroyed last year. This coincides with a broader market upswing, fueled by the approval of several Bitcoin ETFs in the US. As a result, SHIB's price has climbed roughly 5% i...
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Retik Finance: Bridging the Gap Between Crypto and DeFi, with Potential to Rival Shiba Inu
11Jan By OLAJIDE SAMUELNo Comments
Shiba Inu

Retik Finance: Bridging the Gap Between Crypto and DeFi, with Potential to Rival Shiba Inu

In the bustling realm of cryptocurrency, a rising star named Retik Finance is challenging the dominance of popular tokens like Shiba Inu. More than just a currency, Retik is a comprehensive DeFi platform aiming to bridge the gap between the digital and physical worlds of finance. Read Also: Crypto Buzz: XRP Hopes to Rise on ETF Prospect, InQubeta Shines with AI Innovation Here's why Retik Finance is making waves Presale Success: Each presale stage has sold out quickly, with Stage 5 currently at 77.88% and $6.8 million raised. This indicates strong investor confidence in the platform's potential. Impressive Growth: Investors have already enjoyed over 130% YTD gains, and the token price is set to increase in the next presale stage. Utility-Driven: Unlike meme coins like SHIB, ...
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PointPay Announces Listing of Doge Killer Token (LEASH) on Crypto Banking Platform
23Dec By OLAJIDE SAMUELNo Comments
Shiba Inu

PointPay Announces Listing of Doge Killer Token (LEASH) on Crypto Banking Platform

Estonia-based crypto banking platform and exchange, PointPay, has unveiled its plans to list another token within the Shiba Inu ecosystem. The platform recently took to Twitter to announce its partnership with Doge Killer (LEASH), and the subsequent introduction of LEASH to its trading platform. This move is anticipated to expand opportunities for PointPay users within the vibrant Shiba Inu community. Read Also: Unwrapping the Future: What Could Christmas Hold for LUNC's Price Surge? https://twitter.com/PointPay1/status/1738206018771849279 PointPay To Enlist LEASH PointPay has not disclosed the specific date and time for the official listing of LEASH, but users can expect to engage in buying, selling, trading, and transferring activities once the token goes live on the platform. Th...
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