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Shiba Inu (SHIB): The Quest for a $0.1 Price Tag and the Reality Check
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...
Shibarium Achieves Remarkable Milestone with One Million Transactions and 1.1 Million Wallets in Just Nine Days
Shiba Inu

Shibarium Achieves Remarkable Milestone with One Million Transactions and 1.1 Million Wallets in Just Nine Days

In a whirlwind of activity and adoption, Shibarium, the innovative layer-2 scaling solution associated with the popular Shiba Inu cryptocurrency, has made headlines by surpassing a monumental milestone. In just nine days since its relaunch, Shibarium has recorded over one million transactions, accompanied by an astounding increase in the number of wallets, which has now exceeded 1.1 million. This unprecedented growth showcases the burgeoning interest and adoption of Shibarium's revolutionary layer-2 solution. Read Also: Binance Expands Support for XRP with Introduction of XRP/FDUSD Trading Pair According to Shibariumscan, a dedicated explorer for the Shibarium network, the platform has tallied an astonishing 1,168,483 transactions as of the current press time. This incredible achieve...
Shiba Inu (SHIB) Community Awaits Accelerated Burn Rates to Reach $0.01 Price Target
Shiba Inu

Shiba Inu (SHIB) Community Awaits Accelerated Burn Rates to Reach $0.01 Price Target

In August, the Shiba Inu community witnessed a substantial incineration of 5.7 billion SHIB tokens, but this accomplishment fell short of their expectations for accelerated burn rates that could propel SHIB's price to new heights. The Shiba Inu ecosystem had high hopes for Shibarium, which was officially relaunched after encountering initial technical challenges due to unexpected traffic surges. Read Also: XRP Potential to Reach $10,000 and Beyond A Bridge for CBDCs in the Digital Financial Landscape Shib burn as a potential catalyst for pushing Shib price up Shibarium, with its built-in SHIB burn feature, has been touted by many experts as a potential catalyst for pushing SHIB's price to $0.01. However, the community's initial experience with Shibarium-induced burns left some feeling...
Shiba Inu Sees Surge in Whale Activity and Token Interest Following Shibarium Relaunch
Shiba Inu

Shiba Inu Sees Surge in Whale Activity and Token Interest Following Shibarium Relaunch

In an unprecedented move that has sent shockwaves through the cryptocurrency community, a newly emerged whale investor has made a staggering acquisition of Shiba Inu tokens, propelling an enigmatic wallet into the 52nd position among the largest SHIB holders worldwide. Shiba Inu witnesses whale activity surge following Shibarium's launch The substantial transaction, which took place on August 24 at precisely 03:10:11 PM UTC, saw the whale secure a staggering 1.15 trillion SHIB tokens valued at $9.37 million. This development follows closely on the heels of another significant acquisition where a wallet acquired 708.41 billion SHIB tokens worth $5.99 million from the New York-based cryptocurrency exchange, Gemini. Read Also: Terra Luna Classic Community Celebrates Landmark: Proposa...
David Gokhshtein Doubts Shiba Inu’s $0.01 Price: Bold Promise and Crypto Speculation
Shiba Inu

David Gokhshtein Doubts Shiba Inu’s $0.01 Price: Bold Promise and Crypto Speculation

In a bold and attention-grabbing move, David Gokhshtein, founder of Gokhshtein Media and former US Congressional candidate, has expressed strong scepticism about the likelihood of Shiba Inu (SHIB) ever reaching the 1 cent ($0.01) price mark. Gokhshtein has even gone so far as to promise to delete his account if SHIB achieves this milestone. https://twitter.com/davidgokhshtein/status/1692679975596327167 $SHIB is not going to $0.01, or I’ll f**king delete this account Says David Gokhshtein Gokhshtein's proclamation came via a tweet, where he confidently stated, "$SHIB is not going to $0.01, or I’ll f**king delete this account." This bold statement is a testament to his conviction that SHIB's price will not reach such heights. In a follow-up tweet, he expanded on his viewpoint by suggest...
Bitrue Launches Massive Shiba Inu Token Giveaway: 10 Million and 10 Billion SHIB Up for Grabs
Shiba Inu

Bitrue Launches Massive Shiba Inu Token Giveaway: 10 Million and 10 Billion SHIB Up for Grabs

In a move that has excited the Shiba Inu community, Bitrue, a prominent cryptocurrency exchange, has recently announced not one, but two significant giveaways of SHIB tokens. The exchange, known for its user-friendly platform and commitment to engaging its user base, is spreading the Shiba Inu fervour through these massive promotions. https://twitter.com/BitrueOfficial/status/1692098948578660453 10 Million SHIB Giveaway - Shibarium Season Is Here! Bitrue's official announcement on its X account has set the stage for an exciting giveaway of 10 million Shiba Inu (SHIB) tokens. In a recent post, the exchange declared that it's "Shibarium season," hinting at the upcoming festivities for the Shiba Inu enthusiasts. Read Also: Shiba Inu's Head Developer Addresses Challenges and Highlights...
Significant Shifts in SHIB Coin Ownership Spark Speculation and Trading Frenzy
Shiba Inu

Significant Shifts in SHIB Coin Ownership Spark Speculation and Trading Frenzy

In a recent turn of events, the cryptocurrency community has been abuzz with discussions surrounding the Shiba Inu (SHIB) meme coin. Renowned blockchain monitoring service Whale Alert has shed light on a significant upheaval in SHIB coin ownership, accompanied by the rise of a new whale investor and a surge in trading activity involving both SHIB and other tokens. These developments are sending ripples through the crypto world, prompting speculation and trading frenzies. 5 Trillion SHIB Coins Shift Ownership Amidst Speculation Whale Alert, a reputable blockchain monitoring service, has recently brought attention to a significant shift in the ownership of SHIB coins. Approximately 5 trillion SHIB coins, valued at around USD 43,285,460, were transferred from an unknown wallet to another pr...
Analyzing Shiba Inu’s Ambitious Price Targets: A Comprehensive Overview
Shiba Inu

Analyzing Shiba Inu’s Ambitious Price Targets: A Comprehensive Overview

In recent times, the cryptocurrency market has witnessed the meteoric rise of Shiba Inu's price, with investors eyeing mouth-watering gains. Amidst speculation and optimism, investors are eager to explore the potential paths towards a $1 million profit, should SHIB continue its impressive rally. However, it's important to tread cautiously in the realm of speculative investments, given the unpredictable nature of the market. Various Shiba Inu's price target As of the latest press time, Shiba Inu is valued at $0.00001026. If SHIB achieves a price of $0.0001, an investor would need to hold a staggering 10 billion tokens to realize a $1 million investment. These tokens, currently valued at $102,600, illustrate the significant number required to achieve the target. Similarly, a $0.001 price w...
KuCoin Anticipates Shibarium Mainnet Launch and Speculation Surrounds SHIB and BONE Tokens
Shiba Inu

KuCoin Anticipates Shibarium Mainnet Launch and Speculation Surrounds SHIB and BONE Tokens

In recent developments, the cryptocurrency community has been abuzz with anticipation as KuCoin, one of the leading crypto exchanges, sheds light on the upcoming mainnet release of Shibarium, a layer-2 scaling solution for Shiba Inu (SHIB). Amidst heightened interest in the Shiba Inu ecosystem, KuCoin has reaffirmed its support for SHIB and Shibarium, sharing insights into the expected launch timeline. Read Also: Terra Classic's LUNC: A Look Ahead - Predicting Price Potential in 12 Months https://twitter.com/kucoincom/status/1690302113065172993 KuCoin ascertains Shibarium will go live forthcoming week KuCoin's official statement, released last Sunday, underscored that the eagerly awaited Shibarium layer-2 scaling solution will go live in the forthcoming week. The projected launch w...
Shytoshi Kusama Defends Controversial Statement on Shiba Inu’s Superiority Over X and Worldcoin Projects
Shiba Inu

Shytoshi Kusama Defends Controversial Statement on Shiba Inu’s Superiority Over X and Worldcoin Projects

In a recent turn of events, Shytoshi Kusama, the enigmatic figure behind the Shiba Inu cryptocurrency, has sparked a fiery debate by boldly asserting that Shiba Inu is superior to Elon Musk's X (formerly Twitter) platform and Sam Altman's Worldcoin (WLD) project. The crypto community was left buzzing with discussions and speculations about the true intentions behind these audacious claims. Read Also: Shiba Inu Community Buzzing with Anticipation Over Upcoming Partnerships and Shibarium Scaling Solution Kusama clarifies his statements Kusama, who has a penchant for stirring the crypto pot, recently sought to clarify his statements. The controversial comparison, he claimed, was not intended to be a mere provocation, but rather to highlight the unprecedented growth and decentralization o...