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Tag: Shiba Inu tokens

Shiba Inu Hints at Major Deal, Community Buzzes with Speculation
22Apr By OLAJIDE SAMUELNo Comments
Shiba Inu

Shiba Inu Hints at Major Deal, Community Buzzes with Speculation

The Shiba Inu community is in a frenzy of excitement after cryptic messages from Shiba Inu lead Shytoshi Kusama during a recent interaction on the Shibarium Telegram group. Kusama hinted at a significant new deal for the Shiba Inu ecosystem. Shiba Inu Lead Drops Hints on Telegram Kusama's message was short but impactful: "I'm sitting with someone VERY important. Can we give a warm woof and welcome?" The Shiba Inu Army, known for their enthusiastic "woof" greetings, responded in kind, extending a warm welcome to the mystery guest. Read Also: Shiba Inu's Shibarium Hit by Temporary Outage, Network Services Still Down https://twitter.com/Sand_ShibArmy/status/1781770220740219099 Deal Finalized, Details Awaited Following the spirited exchange, the Shiba Inu ecosystem confirmed the ...
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Shiba Inu Frenzy: Burning Bright Despite Market Gloom
16Apr By OLAJIDE SAMUELNo Comments
Shiba Inu

Shiba Inu Frenzy: Burning Bright Despite Market Gloom

Shiba Inu (SHIB), the popular meme coin, is defying the odds. Even as the broader cryptocurrency market experiences a downturn, the SHIB community is burning tokens at an unprecedented rate, aiming to reduce supply and potentially boost the coin's value in the long run. Read Also: XRP: Analysts Predict Double-Digit Price Surge, With Some Eyeing a Whopping $1,000 This burning frenzy has seen over 774 million SHIB tokens eliminated from circulation in the past week, a staggering 200% increase. The daily burn rate has also skyrocketed by nearly 490%, reaching $19.34 million in the last 24 hours. This burning enthusiasm stands in stark contrast to traditional inflationary models in the cryptocurrency space. Price Dips Amidst Market Volatility While the price of SHIB has dipped 7.46% to...
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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 Price Sinks: Can the Meme Coin Make a Comeback?
13Apr By Onche Michael ONo Comments
Shiba Inu

Shiba Inu Price Sinks: Can the Meme Coin Make a Comeback?

Shiba Inu (SHIB) has experienced a rough 24 hours, plummeting over 17% to a low of $0.00002287. This decline follows Bitcoin's (BTC) ongoing correction and pushes SHIB down over 32% from its 30-day high of $0.00003365. Despite the bearish market, SHIB remains above price points not seen since 2022. This has led some prominent entities to maintain optimism about a significant recovery, even suggesting bold price targets and timelines. Read Also: Mystery Surrounds Sudden Release of Half Billion XRP from Ripple Escrow Reaching for the Stars: How Long Until Shiba Inu Hits $0.0052? Currently trading with four leading zeros, reaching $0.0052 would require SHIB to eliminate two zeros. Analysts at Changelly believe this could take nearly two decades, pinpointing 2040 as a potential target ...
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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’s K9 Finance Announces Three-Phased Launch for Liquid Staking Platform
5Apr By CryptolifedigitalNo Comments
Shiba Inu

Shiba Inu’s K9 Finance Announces Three-Phased Launch for Liquid Staking Platform

K9 Finance, a partner within the Shiba Inu ecosystem, has revealed a three-stage rollout plan for its liquid staking platform on Shibarium. This roadmap highlights K9's commitment to enhancing Shibarium's decentralized finance (DeFi) offerings. Three Stages for K9 Finance Launch Shiba Inu's community magazine, SHIB, unveiled K9 Finance DAO's roadmap, detailing the upcoming launch phases. The highly anticipated mainnet launch of K9's decentralized application (dApp) will occur throughout 2024. Read Also: Uphold Unveils New Crypto Basket Focused on Focusing on XRP and other Financial-related tokens The first phase, dubbed "Hesper," is scheduled for late Q2. Named after ancient dog ancestors, Hesper represents the foundational beta version of the K9 dApp. This initial stage prioritize...
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Shiba Inu Echoing 2021? Analyst Predicts Potential Price Surge
27Mar By OLAJIDE SAMUELNo Comments
Shiba Inu

Shiba Inu Echoing 2021? Analyst Predicts Potential Price Surge

Shiba Inu (SHIB) is showing signs that could signal a repeat of its meteoric rise in 2021, according to a recent analysis by popular crypto analyst Rekt Capital. Shiba Inu Mirroring 2021 Rekt Capital highlights striking similarities between SHIB's current price movements and its historic performance in 2021 when the token skyrocketed to an all-time high of $0.00008845. Read Also: Terra Luna Classic (LUNC) Price on the Rise: Can it Hit $2 Before Bitcoin Halving? https://twitter.com/rektcapital/status/1772607903200842207 The analyst points to a successful retest of the $0.000026 level, followed by a struggle to overcome resistance at a specific price point. This mirrors SHIB's behaviour in late 2021, where it retested a crucial support level before its monumental surge. Repeating...
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Shiba Inu Lead Developer Aims for Drastic 99.9% Token Burn, Community Reacts Positively
24Dec By OLAJIDE SAMUELNo Comments
Shiba Inu

Shiba Inu Lead Developer Aims for Drastic 99.9% Token Burn, Community Reacts Positively

In a surprising turn of events, Shytoshi Kusama, the lead developer of the Shiba Inu ecosystem, has made a bold statement about the potential reduction of Shiba Inu's (SHIB) circulating supply. Kusama suggested that reducing the circulating supply to just 0.1% of its current amount is a feasible goal, sparking excitement and optimism within the Shiba Inu community. https://twitter.com/Ksaynak16/status/1738541708734804200?s=20 Read Also: Shiba Inu Team Burns 33.8 Billion SHIB Tokens in December, Promising Continued Reduction in Supply Shiba Inu Circulating supply to be reduced to 0.1%. The announcement came in response to a critic's sarcastic suggestion that Kusama should burn 99.9% of SHIB tokens using the fees generated from Shibarium transactions. The critic had labelled the Shib...
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Shiba Inu Community Buzzes as Elon Musk’s Comment Sparks Interaction with Bad Idea AI Team
25Nov By CryptolifedigitalNo Comments
Shiba Inu

Shiba Inu Community Buzzes as Elon Musk’s Comment Sparks Interaction with Bad Idea AI Team

In a surprising turn of events, the lead developer of Shiba Inu, known for its vibrant and engaged community, recently expressed admiration for a comment made by tech mogul Elon Musk. Musk's tweet, in response to a discussion about X, contained the phrase "not a bad idea," a phrase that resonated directly with one of Shiba Inu's tech-focused collaborators, the Bad Idea AI team. Read Also: Terra Classic (LUNC) Blockchain Witnesses Resurgence Amidst Record Transactions and Price Recovery https://twitter.com/ShytoshiKusama/status/1728174392281387225 Elon Musk's comment The Shiba Inu lead, impressed by Elon Musk's comment, responded with an emoji representing the human brain. This gesture, often interpreted as a sign of being impressed or having one's mind blown, underscored the signif...
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Shiba Inu Lead Developer Exposes Scam Attempt Targeting SHI Stablecoin and TREAT Token Launch
21Nov By Onche Michael ONo Comments
Shiba Inu

Shiba Inu Lead Developer Exposes Scam Attempt Targeting SHI Stablecoin and TREAT Token Launch

In a recent development, the highly anticipated launch of the SHI stablecoin and TREAT Token in the Shiba Inu ecosystem has become a target for bad actors seeking to exploit unsuspecting investors. Despite the fraudulent attempts, the Shiba Inu team, led by developer Shytoshi Kusama, has remained vigilant in calling out and debunking these scams. Unmasking a Scammer: Shytoshi Kusama Takes Action Shytoshi Kusama recently exposed a user on the X platform who was promoting a fake version of the TREAT token and SHI stablecoin. The user's post, enticing users to explore new SHIB launches, included contract addresses for the purported tokens and garnered over 5000 views. Notably, the account had Shytoshi Kusama as a follower, potentially increasing its visibility. Read Also: Terra Classic (...
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