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Tag: Shiba Inu

Exciting News for Shiba Inu Holders: Shibarium UI Upgrade Amplifies MetaMask and Coinbase Wallet Integration
Shiba Inu

Exciting News for Shiba Inu Holders: Shibarium UI Upgrade Amplifies MetaMask and Coinbase Wallet Integration

The Shiba Inu development team has recently launched an updated version of Shibarium - their layer-2 blockchain platform, which now offers support for well-known cryptocurrency wallets, including Coinbase Wallet and MetaMask. By leveraging NextJS and React technologies, the update focuses on enhancing processing speed and development efficiency, offering faster interactions and better accessibility, thereby improving usability for its users. https://twitter.com/ShibariumNet/status/1781005662618620311 The latest update to Shibarium has broadened its compatibility with additional wallets, including Wallet Connect, Rainbow, and Trust Wallet, allowing users more flexibility to choose their preferred wallets. It facilitates easier access and interaction for users and aims to make the plat...
Shiba Inu (SHIB) Gains Momentum and Climbs the Ranks with Major Index Inclusion
Shiba Inu

Shiba Inu (SHIB) Gains Momentum and Climbs the Ranks with Major Index Inclusion

WOO X, a crypto exchange, has joined hands with indices provider GMCI and market maker Wintermute to introduce a pioneering range of index perpetual contracts, which is seen as a significant development in the cryptocurrency trading landscape. The exchange now offers traders access to a diverse range of indices, including those linked to meme coins, top cryptocurrencies, and tokens of layer-2 networks. Read Also: Shiba Inu Poised for Breakout, Analysts Eye New Yearly Highs The GMCI MEME index is among the notable additions, which showcases the most prominent meme coins, including Shiba Inu (SHIB), Dogwifhat (WIF) and Dogecoin (DOGE). SHIB, with its market capitalization of $16.22 billion, has surged to become the 12th largest cryptocurrency overall, commanding a substantial 27% share...
Will Vitalik Acknowledge the Shiba Inu Community’s Demand for Shibarium Recognition?
Shiba Inu

Will Vitalik Acknowledge the Shiba Inu Community’s Demand for Shibarium Recognition?

The Shiba Inu community is urging Ethereum founder Vitalik Buterin to acknowledge Shibarium as a significant Ethereum layer-2 network. Shibarium, which started as a meme coin, has since grown into a decentralized ecosystem, securing a spot among the top crypto assets in the market. Despite its growing prominence, Buterin has failed to recognize the project's resilience on multiple occasions.   Recently, Buterin highlighted the Dencun hard fork, Ethereum's latest upgrade, which aims to further reduce gas fees on Ethereum layer-2 networks. However, for this to take effect, these layer-2 networks need to adopt the blob transaction protocol associated with Dencun. To demonstrate the current fee rates observed across the Ethereum ecosystem, Buterin presented a list of notable layer-2...
Shiba Inu Magazine Release Aims to Boost Investor Optimism Despite Price Dip
Shiba Inu

Shiba Inu Magazine Release Aims to Boost Investor Optimism Despite Price Dip

Shiba Inu, the Dogecoin rival, recently unveiled the 19th edition of its magazine, 'The Shib,' in an attempt to uplift investor sentiment amidst a significant price decline caused by market corrections. The magazine launch comes as the Shiba Inu token (SHIB) grapples with a substantial price drop to $0.000026. 'The Shib' sheds light on various developmental efforts within the Shiba Inu ecosystem, including NFTs, collaborations, and other initiatives undertaken by the meme coin's community. This spotlight has instilled a degree of optimism within the crypto market. Read also: XRP Community Buzzes About Possible FedNow Network Integration 'The Shib' 19th Edition: A Look Inside The 19th edition primarily focuses on three key endeavours for Shiba Inu. K9 Finance's DeFi vision garnered ...
Shiba Inu Community Buzzes as Elon Musk’s Comment Sparks Interaction with Bad Idea AI Team
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...
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...
Shibarium Mainnet Launch Sparks Excitement with Numerous Projects Building on L2 Scaling Solution
Shiba Inu

Shibarium Mainnet Launch Sparks Excitement with Numerous Projects Building on L2 Scaling Solution

Amidst mounting anticipation, Shibarium, the much-anticipated layer-2 scaling solution for the Shiba Inu ecosystem, is set to launch its mainnet, igniting a surge of excitement within the community. The frenzy can be attributed to the numerous benefits the technology promises to bring. Recently, Kuro, a prominent Shiba Inu community member, unveiled a captivating backdrop featuring a plethora of project logos. This visual spectacle hinted at the extensive roster of projects leveraging the L2 network's capabilities. The appeal of Shibarium's innovative design and unique attributes is driving its rapid adoption. The platform's primary focus on curbing gas fees and enhancing transaction efficiency within the Shiba Inu ecosystem is capturing developers' attention. Read Also: Shiba Inu's ...
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...
Shiba Inu (SHIB) Nears All-Time High Amid Strong Community Support and Technical Indicators
Shiba Inu

Shiba Inu (SHIB) Nears All-Time High Amid Strong Community Support and Technical Indicators

In the ever-evolving world of cryptocurrencies, Shiba Inu (SHIB) has been making headlines with its ambitious goal to surpass its previous all-time high of $0.0000088. As market data and technical indicators point towards a potential breakout, the meme coin's journey has been supported by a substantial "pillow" of 40 trillion SHIB tokens, instilling confidence in its ability to withstand price fluctuations. Shiba Inu (SHIB) At Its All High Global In/Out of the Money (ITB), a data analysis tool, has revealed that SHIB's current price enjoys strong support due to the significant number of SHIB tokens purchased at an average cost by every address holding the coin. This level of support is considered crucial in ensuring resilience against market volatility. Technical Analysis Shiba Inu is ...
Shiba Inu (SHIB) Shows Neutral Sentiment, CoinCodex Offers Price Predictions for 2024-2026
Shiba Inu

Shiba Inu (SHIB) Shows Neutral Sentiment, CoinCodex Offers Price Predictions for 2024-2026

Shiba Inu (SHIB), a popular cryptocurrency, has recently displayed a neutral sentiment in its current price movement, according to the latest analysis on CoinCodex. The Fear & Greed Index stands at 62, indicating a slight inclination towards greed among market participants. Recent Analysis Highlights Historical Growth and Moving Average Trends Over the past 30 days, Shiba Inu has experienced significant gains on 21 days, resulting in an impressive 70% increase. Based on these observations, CoinCodex suggests that now might be a favourable time to consider investing in Shiba Inu. Read Also: Bitcoin Institutional Fund Accumulation Signals Increasing Confidence in Long-Term Potential CoinCodex has conducted a comparative analysis, drawing parallels between Shiba Inu and notable te...