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Tag: Shiba Inu news

Shiba Inu Spikes 10% as Price Recovers from Key Support
23May By Cryptolifedigital2 Comments
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 ...
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22.2 Billion SHIB Burned Within Week, 667 Million Removed in 24 Hours
23May By CryptolifedigitalNo Comments
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...
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SHIB Price Hints at Incoming Volatility, Holders Spike by Almost 20,000
22May By Cryptolifedigital1 Comment
Cryptocurrency

SHIB Price Hints at Incoming Volatility, Holders Spike by Almost 20,000

Shiba Inu remains in a sideways trend, as seen on its daily chart, but the range has tightened even more in the last four days. A tight trading range on low volumes is usually a good indicator of imminent volatility or an incoming move.  Read Also: Litecoin Start-up MimbleWimble Extension Blocks (MWEB) After indicators of a potential trend reversal in the past week, the market was once again disappointed to see major coins returning to their local support levels. In this case, Shiba Inu remains in a tight range between  $0.0000112 and $0.000012. At Writer’s time, SHIB was trading at $0.0000119 after reaching intraday highs of $0.000012. The RSI on the daily chart has flattened above the oversold levels of 30, suggesting likely consolidation or range trading in...
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Half-Billion SHIB Burnt by Shiba Community: Report
21May By Cryptolifedigital1 Comment
Cryptocurrency

Half-Billion SHIB Burnt by Shiba Community: Report

In the late tweet, the Shibburn crypto tracking platform said that in the past 24 hours, nearly half a billion  Shib tokens have been shifted to dead addresses to be forever removed from the circulating supply. Read Also: IOHK Announces Next Cardano Project Catalyst to Begin in June: Details Nearly a billion Shiba Inu coins destroyed As stated in the recent tweet, since last morning, a total of 440,626,338 Shiba Inu canine tokens were moved to wallets from which they cannot be spent, taking 55 transfers. Within a few hours after this report, another 32,650,000 SHIB was burned in merely 2 transactions, according to Shibburn. Read Also: Cardano Might Pull Off a 100% Recovery If This Pattern Plays Out Correctly: Details https://twitter.com/shibburn/stat...
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Shiba Inu Got support From Thousands of Restaurants in 65 Countries Through the Lavu and Verifone Collaboration
20May By Cryptolifedigital2 Comments
Cryptocurrency

Shiba Inu Got support From Thousands of Restaurants in 65 Countries Through the Lavu and Verifone Collaboration

Shiba Inu can now be accepted by thousands of restaurants in more than 65 countries as Lavu and Verifone announce a new collaboration. Lavu, global restaurant software and payments solution provider, and Verifone, a payment solution provider, have disclosed a new cross-distribution partnership that will integrate Lavu’s restaurant software suite with Verifone’s payment solutions, thus benefiting both Lavu and Verifone customers. Read Also: Dogecoin Co-Founder Makes Important Statement The strategic partnership seeks to permit both Verifone and Lavu to give a unified point of scale (POS) and payment experience to their users, inclusive of cryptocurrencies. Crypto payment methods available to both sets of customers include Bitcoin, Ethereum, Litecoin, Dogecoin, Shiba...
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Poloniex To Enlist Shiba Inu Trading Pair On Its Platform.
19May By Cryptolifedigital2 Comments
Cryptocurrency

Poloniex To Enlist Shiba Inu Trading Pair On Its Platform.

Top crypto exchange  Poloniex has announced that its users can now trade Shiba Inu against Tron's native stablecoin, USDD. https://twitter.com/Poloniex/status/1527136970215858176 Poloniex supports spot and margin trading as well as leveraged tokens and it was founded in January 2014. In April 2021, poloniex listed its Shiba Inu pair with Tether, the flagship dollar-pegged cryptocurrency, becoming one of the first exchanges to do so. Poloniex also went further and enlisted SHIB/USDC in November 2021. Read Also: Cardano Experiences Main Milestone of 700,000 Users Shiba Inui has experienced numerous listings over the past year, released on several exchanges, such as  Gemini, Kraken, and Coinbase. In April, brokerage app Robinhood listed Shiba Inu, to the delight of the Shiba In...
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SHIB Follower Number on Twitter Now Matches That of Dogecoin—3.3 Million
18May By Cryptolifedigital1 Comment
Cryptocurrency

SHIB Follower Number on Twitter Now Matches That of Dogecoin—3.3 Million

The number of SHIB followers on Twitter keeps rising, pouring into Shib Army, as they have presently reached 3.3 million. This is the number of people who follow the official Dogecoin account on Twitter. Read Also: Binance paused the Solana withdrawal depending on the network situation. https://twitter.com/Shibtoken Apart from catching up with Dogecoin on Twitter, the number of wallets holding Dogecoin, the original meme crypto, is yet way ahead of its closest rival, Shiba Inu. Dogecoin has roughly four million holders around the world, while the total amount of wallets that store Shiba Inu is 1,163,683, as per recent data provided by WhaleStats—a blockchain service that tracks the 100 largest wallets on the Ethereum chain. Since the end of April,...
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Record 12.6 Billion Burned by Shib Army in Last 24 Hours: Report
18May By Cryptolifedigital1 Comment
Cryptocurrency

Record 12.6 Billion Burned by Shib Army in Last 24 Hours: Report

A staggering amount of nearly 13 billion SHIB has been removed from the circulating supply over the past 24+ hours, according to recent tweets posted by the @Shibburn platform that tracks transactions that move Shiba to dead-end wallets and burn Shiba Inu itself too. Read Also: DeFi Platform Oasis.app Secures $6M in Series A Funding Round The majority of this mind-blowing amount of SHIB was destroyed merely within one hour. 12.6 billion SHIB burned Stubborn has spread the word that several hours ago, an eye-popping 10,028,551,985 Shiba Inu tokens were moved to unspendable wallets in six transactions. This amount of SHIB is worth $123,551. https://twitter.com/shibburn/status/1526789718502932480 A total of 10 billion SHIB from this was moved in a sing...
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376 Billion SHIB Bought by Whale as Shiba Is Back on Top 10 Most-Traded Tokens List
17May By CryptolifedigitalNo Comments
Cryptocurrency

376 Billion SHIB Bought by Whale as Shiba Is Back on Top 10 Most-Traded Tokens List

The second-largest meme token, Shiba Inu, has returned to the list of the most traded coins, as stated by the recent tweet by WhaleStats crypto tracking platform. Although, another large investor in the Ethereum chain has acquired nearly 380 billion SHIB. Read Also: Elon Musk Authenticates Dogecoin Has Potential as Currency 375.9 billion SHIB pocketed by a whale The owner of the "BlueWhale0073" wallet has purchased a whopping 375,977,961,547 Shiba Inu tokens, paying $4,568,132 for that chunk of meme crypto, as per a recent tweet posted by WhaleStats. https://twitter.com/WhaleStats/status/1526309004481384448 As initially brought by Cryptolifedigital, on Friday, May 13, the same whale acquired 455,957,607,129 SHIB tokens and then sold them when the price went up. Likewis...
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Shiba Inu Holders Get Increase As The Coin Hit A Fresh Milestones
14May By Cryptolifedigital2 Comments
Cryptocurrency

Shiba Inu Holders Get Increase As The Coin Hit A Fresh Milestones

The official Twitter account of meme cryptocurrency Shiba Inu has reached 3.3 million followers, setting a new milestone. For comparison, rival meme coin Dogecoin also has 3.3 million Twitter followers. Shiba Inu has recorded growth in recent months, adding close to 600,000 followers since February. Read Also: Jack Dorsey Highlights Reasons The Bitcoin Will Spike In The Long Term https://twitter.com/shibainuart/status/1525294215231684611 from the onset of May, Shiba Inu has gotten thousands of new holders. The overall numbers of SHIB have plunged to  1,169,694, according to data shared by Shibainuart. By the end of April, the total stood at roughly 1,139,997. An increase in the number of holders might indicate long-term interest in an asset. Mea...
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