Shiba Inu news Archives - Page 3 of 29

Shiba Inu Coin (SHIB) Experiences Bullish Run, Future Looks Bright

13Mar

By OLAJIDE SAMUELNo Comments

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...

K9 Finance DAO Token (KNINE) Hits New High, Aims to Unlock Shibarium Liquidity

12Mar

By OLAJIDE SAMUELNo Comments

Shiba Inu

K9 Finance DAO Token (KNINE) Hits New High, Aims to Unlock Shibarium Liquidity

K9 Finance DAO, a partner in the Shiba Inu ecosystem, recently launched its native token, KNINE. Designed for governance and yield generation, KNINE surged to a new all-time high of $0.0003543 on March 11th, representing an over 700% increase from its launch price. KNINE: Governance and Yield Opportunities KNINE token holders have the power to vote on proposals within the K9 Finance DAO. Additionally, they can earn fees and real yield generated by validators on the Shibarium network, Shiba Inu's layer-2 blockchain. These features likely fueled early investor interest. Read Also: Terra Classic (LUNC) Gains Momentum with WEEX Listing, Eyes Dominance in Bull Run Price Volatility Expected for New Token Despite the initial surge, KNINE has seen a retracement to around $0.00022. This vola...

Shiba Inu: Weathering the Storm, but Can it Reach for the Stars?

25Jan

By CryptolifedigitalNo Comments

Shiba Inu

Shiba Inu: Weathering the Storm, but Can it Reach for the Stars?

Despite the crypto market's recent bloodbath, Shiba Inu (SHIB) has shown surprising resilience. While higher-ranking tokens like SOL and AVAX took a 15% nosedive, SHIB dipped a smaller 6.85%, even experiencing a 2.85% rally in the past 24 hours. However, reclaiming the $0.00001 level lost two weeks ago remains a hurdle. Read Also: Can XRP Hit $20? Analysts Predict Rollercoaster Ride! Shiba enthusiasts, ever the optimists, dream of loftier goals – $0.0005 and even $0.01. AI chatbots, ever cautious, paint a nuanced picture. ChatGPT envisions a possible $0.0005 by 2025, thanks to wider adoption and technological advancements. Google Bard, ever practical, offers three scenarios: Bullish: $0.0005 between 2025-2026, fueled by Shibarium success and ecosystem growth. Neutral: $0.0005...

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...

Shibarium’s Ambitious Burn Plans Aim to Tackle SHIB’s Supply Overhang, but Challenges Persist

5Jan

By OLAJIDE SAMUELNo Comments

Shiba Inu

Shibarium’s Ambitious Burn Plans Aim to Tackle SHIB’s Supply Overhang, but Challenges Persist

In a recent development within the Shiba Inu community, a prominent member known by the pseudonym 'Queenie' has projected staggering figures regarding the potential burn of SHIB tokens through the Shibarium burn portal. Queenie estimates that the portal could incinerate an impressive 111 trillion SHIB tokens annually, constituting about 20% of the circulating supply. The Automated SHIB Burn This projection breaks down to a monthly burn of approximately 9.25 trillion SHIB tokens. However, it's crucial to note that the official Shibarium team has not yet confirmed or provided details regarding the accuracy of these projections. Read Also: XRP's Soaring Potential: Analyst Predicts Explosive Rise Amid Legal Victories Scheduled to automate SHIB burns starting this month, Shibarium will ...

Shytoshi Kusama Unveils Ambitious Plan for Global SHIB Adoption, Teases Massive Burns and Partnership Announcement

18Dec

By CryptolifedigitalNo Comments

Shiba Inu

Shytoshi Kusama Unveils Ambitious Plan for Global SHIB Adoption, Teases Massive Burns and Partnership Announcement

In a significant development for the Shiba Inu (SHIB) community, lead developer Shytoshi Kusama recently shared a message on the X platform, outlining an ambitious plan for global SHIB adoption. The announcement comes amid excitement generated by recent transaction milestones achieved by Shibarium, the blockchain platform associated with Shiba Inu. Milestones and Billions of SHIB Prepare for Roasting During the message, Kusama praised the recent transaction milestones accomplished by Shibarium, setting the stage for what he cryptically referred to as "billions of SHIB prepare for roasting." The statement teased an upcoming announcement scheduled for later in the week, hinting at significant developments within the Shiba Inu ecosystem. Read Also: Changelly Predicts Bullish Trajectory f...

Shiba Inu (SHIB) Achieves Milestone Listing on Coincheck: A Leap from Meme to Mainstream Adoption

16Dec

By Onche Michael ONo Comments

Shiba Inu

Shiba Inu (SHIB) Achieves Milestone Listing on Coincheck: A Leap from Meme to Mainstream Adoption

In a monumental move for the Shiba Inu (SHIB) community, the beloved canine-themed cryptocurrency has secured a prestigious listing on Coincheck, a well-established and regulated Japanese exchange. This development not only underscores SHIB's emergence as a serious contender in the crypto market but also signifies a crucial step in its transformation from a viral meme to mainstream acceptance, particularly in the Japanese market. Read Also: Uphold Concludes 2023 with Grand XRP Sweepstakes, Offering 100,000 XRP as the Ultimate Prize Breaking Barriers with Coincheck Listing SHIB's listing on Coincheck, known for its strict regulatory compliance and robust liquidity, marks a significant milestone. Beyond facilitating the buying and selling of SHIB, Coincheck has ambitious plans to integr...

Shibarium Surges to New Heights with Astonishing Daily Transaction Records

2Dec

By CryptolifedigitalNo Comments

Shiba Inu

Shibarium Surges to New Heights with Astonishing Daily Transaction Records

In a surprising turn of events, Shibarium, the layer-2 protocol developed by the Shibarium development team under the leadership of lead developer Shytoshi Kusama, has witnessed an unprecedented surge in daily transactions, marking a new era for the Shiba Inu community. August Mainnet Launch Overcomes Initial Hiccups Shibarium made its debut on the mainnet back in August under the guidance of lead developer Shytoshi Kusama. Despite initial challenges and persistent FUD (Fear, Uncertainty, Doubt), the protocol overcame obstacles, demonstrating resilience and stability. Read Also: Terra's Remnants USTC and LUNC Experience Meteoric Rise Amidst Binance Listing and Innovative Revamp Underwhelming Adoption Gives Way to Explosive Growth Since its launch, Shibarium has been experiencing a r...

29Nov

By Adaralegbe Tosin MNo Comments

Shiba Inu

Shiba Inu Unveils Major Updates: Shib Magazine, Massive NFT Giveaway, and Insights into the Next Bull Run

The Shiba Inu community is buzzing with excitement as the team reveals a series of significant announcements, reinforcing its commitment to innovation, decentralization, and community engagement. The latest updates include the launch of the highly anticipated fourth edition of Shib Magazine, a massive 7,000 NFT giveaway, an exclusive interview with lead developer Shytoshi Kusama, and insights into the upcoming bull run. Read Also: Shiba Inu (SHIB) Witnesses Unprecedented Token Burning Surge, Community Optimistic for Price Breakout https://twitter.com/Shibtoken/status/1729284549278847403 Shib Magazine's Fourth Edition and NFT Giveaway Insightful Content: Shib Magazine's fourth edition promises a wealth of insightful and captivating content, keeping the community abreast ...

Shiba Inu (SHIB): The Quest for a $0.1 Price Tag and the Reality Check

21Sep

By CryptolifedigitalNo Comments

Shiba Inu

Shiba Inu (SHIB): The Quest for a $0.1 Price Tag and the Reality Check

As the crypto market navigates through bearish conditions, optimism abounds among Shiba Inu (SHIB) investors, who anticipate a significant recovery for this meme-coin. Many are even more bullish, speculating that SHIB could potentially surge to the elusive $0.1 mark within the next year. While this ambitious goal has captured the imagination of many, a closer look reveals some stark realities. The Optimistic Perspective Proponents of a $0.1 SHIB price point highlight the remarkable journey of this meme-coin since its market debut in December 2020. SHIB has seen an astonishing gain of 8,914,728.26% during this period. Moreover, its ascent into the ranks of the top-largest cryptocurrencies has fueled hope that SHIB could achieve the $0.1 milestone, emphasizing the power of a global communi...