Friday, December 9

Tag: Shiba Inu news

Shiba Inu Founder Disappears From Social Media – Gone ‘Without Notice’
Cryptocurrency

Shiba Inu Founder Disappears From Social Media – Gone ‘Without Notice’

The Shiba Inu community is left wondering what may have prompted Ryoshi, the founder of one of the most popular dog-themed meme coins, to delete all of his tweets and posts on Monday. The pseudonymous founder has removed all Shiba Inu-related blogs, including the original version of “All Hail the Shiba.” All four SHIB blogs have been removed from the Medium platform, and the page now displays the following message: “410. User deactivated or deleted their account.” Read Also: Cardano Development Activity Hits ATH And ADA Overtakes BUSD And XRP to Become Sixth-Largest Crypto Shiba Inu (SHIB) Price Unaffected From the perspective of the SHIB community, the founder’s abrupt departure has not affected the price of the SHIB coin. Currently, the coin is up almost 6 percent,...
96 Million Shiba Inu Burnt In 24 Hours, 2.41 Billion in 7 Days: Contribution Details
Cryptocurrency

96 Million Shiba Inu Burnt In 24 Hours, 2.41 Billion in 7 Days: Contribution Details

Data from the tracking platform Shibburn reveals that past week over 2.41 Billion tokens of the dog-inspired cryptocurrency Shiba Inu (SHIB) was burned with nearly 236 separate transactions. 1Cent token and Travis Johnson’s SHIB Burn Games are among the major SHIB Burn contributors of the Week. According to a recent tweet from Shibaburn.com, the SHIB Army has permanently removed a whopping total of 2,417,015,301 (2.41B) SHIB tokens from circulation in the last seven days through 236 separate transactions. Read also: Dogecoin (DOGE) Gets Elon Musk’s Nod as a Payment Option for Tesla and SpaceX Merchandise https://twitter.com/shibburn/status/1530760863778471936 1CENT Weekly BURN EVENT: Among prominent SHIB Burners, the SHIB-inspired token, “1Cent,” organized its Weekly Burn...
Shiba Inu Large Transactions Spike by 122%, Due to Surge in Whales’ Interest in SHIB
Cryptocurrency

Shiba Inu Large Transactions Spike by 122%, Due to Surge in Whales’ Interest in SHIB

Shiba Inu whales have been more active in the last 24 hours, as stated by IntoTheBlock data, with a 122% spike in large transactions. Large transaction surges are typically linked to increased activity from whales who are either buying or selling and these total more than $100,000. Read Also: Cardano Has Tendency To Become Scarce Asset Like Bitcoin: Community WhaleStats' analysis of the top 100 Shiba Inu holders reflects an 8.28% spike in active addresses as crypto whales interacted with billions of Shiba Inu, leading to an increase in the number of large transactions. WhaleStats has detected large Shiba Inu purchases in the last 24 hours. https://twitter.com/WhaleStats/status/1530294902038446083 "BlueWhale0073," ranked 312th on WhaleStats, rece...
Shiba Inu ($SHIB) Adds 30,000 Holders in a Month as Burn Rate And Price Keep Climbing
Cryptocurrency

Shiba Inu ($SHIB) Adds 30,000 Holders in a Month as Burn Rate And Price Keep Climbing

The meme-inspired cryptocurrency Shiba Inu ($SHIB) has added over 30,000 new holders over the past 30 days, even as the price of the cryptocurrency plunges, and SHIB’s burn rate has kept on climbing. As stated by the blockchain data, Shiba Inu now has 1,169 million token holders on the Ethereum blockchain, up from around 1.134 million late last month, as more Ethereum wallets added SHIB to their holdings. The meme-inspired cryptocurrency has added over 30,000 holders in a month even as its price spikes. According to the market data, SHIB’s price is down 55% over the past 30 days as it was affected by a wider crypto market sell-off exacerbated by the collapse of the Terra ecosystem. Read Also: What Is Ethereum? Simple Guide for Beginners New holders are adding to the cryptocurrency’s...
SHIB Can Presently Be Used to Pay for Flights and Hotels Through This New Partnership
Cryptocurrency

SHIB Can Presently Be Used to Pay for Flights and Hotels Through This New Partnership

Shiba Inu proceed to extend into more services, expanding its presence and integrating SHIB as a means of payment. A fresh partner of the popular meme coin is the decentralized ticket and hotel booking platform XcelTrip, which announced the implementation of SHIB as a payment method. So SHIB fans and holders can now organize their travels and pay for them in full, using the coin they love so much. According to XcelTrip, users can now book 2.3 million hotels, over 450 airlines, and car rentals in more than 70 countries using SHIB. Read Also: Cardano's Epoch 340 Is Concluded as Smart Contract Usage Rises to 29% https://twitter.com/xceltrip/status/1529330910427983872 By introducing SHIB as a payment, XcelTrip is presently joining the ranks of luxury brands such as Gucci and Tag...
Whale Purchases 87 Billion SHIB, While Shiba Balance of Top Investors Diminishes
Cryptocurrency

Whale Purchases 87 Billion SHIB, While Shiba Balance of Top Investors Diminishes

WhaleStats platform, which tracks data related to the largest 100 wallets on Ethereum, BSC, and other chains, has announced that another impressive amount of Shiba Inu has been added by a major ETH investor to his crypto stash. Read Also: What Is Ethereum? Simple Guide for Beginners While this whale has bought nearly 90 billion SHIB, overall, Shiba Inu's holdings of the top 100 ETH investors have been diminishing. 86.7 billion Shiba grabbed by this whale According to the aforementioned data platform, the owner of the wallet dubbed "BlueWhale0073" purchased a total of 86,740,251,500 Shiba Inu meme coins. This sum of SHIB cost him $1,015,728. Although, this whale uses SHIB as a purely speculative asset as he always sells the acquired Shiba tokens after purchasing th...
Half-Billion SHIB Destroyed, But Burn Rate Declines 27%: Report
Cryptocurrency

Half-Billion SHIB Destroyed, But Burn Rate Declines 27%: Report

As reported by burn tracking platform Shibburn, over the past 24 hours, a staggering sum of Shiba Inu has been locked up in unspendable wallets by various members of the global SHIB army. More than half a billion meme tokens have been shifted to dead-end wallets. Read Also: Elon Musk And DOGE Co-Founder Troll Crypto Scam Bots on Twitter In the meantime, whales' purchasing activity related to SHIB has surged as their comprised Shiba Inu stash has increased by almost 25%. 525.2 million Shiba Inu destroyed Shibburn tweeted that several soldiers in the Shib army have burned a total of 525,200,039 meme coins since yesterday morning. The largest single transactions among those carried 93,303,458 SHIB 22 hours ago and 82,140,154 four hours ago. The burn...
Shiba Inu Metaverse’s Team Adds Former Technicolor Executive, Entertainment Veteran Marcie Jastrow
Cryptocurrency

Shiba Inu Metaverse’s Team Adds Former Technicolor Executive, Entertainment Veteran Marcie Jastrow

Entertainment veteran Marcie Jastrow, who has served as senior vice president at Franco-American multinational corporation Technicolor, has joined forces with Shiba Inu Metaverse’s team, as stated by the announcement made on Monday. In her statement, Jastrow states that she’s honored to be a part of the "amazing" project, adding that the meme coin has one of the most robust communities in the cryptocurrency sector.  Read Also: What To Know About NFTs – A Guide to the Latest Trend in BlockchainThe former Technicolor executive will be primarily responsible for securing brand partnerships.  As brought out by the Cryptolifedigital, Shiba Inu Metaverse, which was originally announced in February, was introduced in late March. Virtual land went on sale in early April. ...
Shiba Inu Spikes 10% as Price Recovers from Key Support
Cryptocurrency

Shiba Inu Spikes 10% as Price Recovers from Key Support

As seen on CoinMarketCap data,  Shiba Inu has risen by nearly 10% in the last 24 hours and was trading at $0.00001245. Shiba Inu rose from lows of $0.0000113 on May 21, having reached significant support at this key level, to reach highs of $0.0001296 today, thus setting up to mark the third consecutive day in the green. Read Also: Litecoin Start-up MimbleWimble Extension Blocks (MWEB) The rebound comes as SHIB suffered major losses earlier in May, dipping as low as $0.000008. Despite price declines, Shiba Inu holders continue to increase. According to WhaleStats, the total number of SHIB holders is currently 1,167,954. Another positive growth is also awaited in the coming weeks. On May 21st, SHIB’s lead developer, Shytoshi Kusama, wrote, "Thanks for letting me push ...
22.2 Billion SHIB Burned Within Week, 667 Million Removed in 24 Hours
Cryptocurrency

22.2 Billion SHIB Burned Within Week, 667 Million Removed in 24 Hours

As stated by the SHIB burn tracker, more than 22 billion canine tokens have been taken out of circulation over the past week. Besides, more than half a billion Shiba were burnt within the last 24 hours. During this time, Shiba added almost 10% today. Read Also: SHIB Price Hints at Incoming Volatility, Holders Spike by Almost 20,000 22.8 billion SHIB locked in dead-end wallets within seven days Crypto burn tracker @Shibburn has reported that over the past week, multiple initiatives within the Shiba Inu fan community have eliminated a total of 22,200,398,699 meme tokens. Despite the mind-blowing figure, in USD this amount of SHIB is worth $279,281. It took nearly 500 transactions to move this amount of SHIB to dead-end wallets, where they were locked permanently. htt...