shibaburn Archives - Cryptolifedigital

Shiba Inu Investor Turns $4K into 127 Million Dollar Fortune

13Mar

By OLAJIDE SAMUELNo Comments

Shiba Inu

Shiba Inu Investor Turns $4K into 127 Million Dollar Fortune

Lookonchain, a prominent crypto surveillance platform, has identified a shrewd Shiba Inu investor. This investor turned a mere $4,000 investment into a life-changing $127 million fortune. Lookonchain's tweet highlighted a savvy Shiba Inu (SHIB) investor who recently cashed out after holding the asset for nearly four years. The blockchain data reveals the investor's journey began in August 2020, just as SHIB launched. He was an early adopter, acquiring 15.27 trillion SHIB tokens for roughly $3,793 (10 Ethereum tokens). Read Also: Shiba Inu Coin (SHIB) Experiences Bullish Run, Future Looks Bright https://twitter.com/lookonchain/status/1767549984197713986 Capitalizing on SHIB's price surge in late 2021, the investor strategically sold a significant portion of his holdings, exceedi...

Comparative Analysis: Shiba Inu’s Speculative Appeal vs. Bitcoin’s Solid Foundation in the Cryptocurrency Market

12Jan

By Daniel AbangNo Comments

Shiba Inu

Comparative Analysis: Shiba Inu’s Speculative Appeal vs. Bitcoin’s Solid Foundation in the Cryptocurrency Market

Shiba Inu (SHIB) has garnered significant attention for its remarkable, albeit volatile, performance in the cryptocurrency market. Despite its nearly 12,000,000% surge since its inception in August 2020, the token currently sits 89% below its all-time high from October 2021. While some investors may be enticed by the prospect of buying the dip, caution is advised, with experts suggesting that Shiba Inu is a cryptocurrency best avoided. Read Also: SEC Heats Battle with Ripple, Demanding Financial Statements and Raising New Claims One of the primary reasons for scepticism lies in Shiba Inu's lack of a competitive edge within the blockchain space. Built on the Ethereum network, it offers compatibility with various decentralized applications and cryptocurrency wallets. However, it fails ...

Shiba Inu Community Speculates on Shytoshi Kusama’s Cryptic Teaser and Possible Connection to Shibarium Unveiling

15Jul

By Onche Michael ONo Comments

Shiba Inu

Shiba Inu Community Speculates on Shytoshi Kusama’s Cryptic Teaser and Possible Connection to Shibarium Unveiling

The Shiba Inu community has been abuzz with excitement following a cryptic teaser shared by the anonymous Shiba Inu lead developer, Shytoshi Kusama. Known for his enigmatic messages, Kusama's latest hint has sparked speculation and theories among community members about its significance. Kusama Releases Cryptic Teaser on Shibarium On July 14, Kusama took to Twitter to share a GIF featuring a mobile device displaying icons representing text messages. Notably, he tagged British music producer Gareth Emery in the post, accompanied by the message, "Ping Gareth Emery." This cryptic tease has prompted Shiba Inu enthusiasts to speculate on its potential connection to the upcoming unveiling of Shibarium, scheduled for next month in Toronto. Read Also: Coinbase Resumes XRP Trading in Germany F...

Shiba Inu Announced as Title Sponsor of Blockchain Futurist Conference, Set to Unveil Shibarium Mainnet

15Jul

By OLAJIDE SAMUELNo Comments

Shiba Inu

Shiba Inu Announced as Title Sponsor of Blockchain Futurist Conference, Set to Unveil Shibarium Mainnet

Shiba Inu, the popular cryptocurrency and community-driven project, has been announced as the official title sponsor of the highly anticipated Blockchain Futurist Conference. Scheduled to take place in Toronto on August 15th – 16th, 2023, the conference will serve as a platform for Shiba Inu to celebrate its third anniversary, introduce the Shibarium Mainnet, showcase the completed World Paper, and inspire the crypto community with its exciting vision. Read Also: Ripple's Victory: XRP Deemed Not a Security, Signifying Regulatory Clarity for the Crypto Industry https://twitter.com/Shibtoken/status/1679943807595315203 Shiba Inu and Blockchain futurist conference Partnership The collaboration between Shiba Inu and the Blockchain Futurist Conference solidifies the project's position as...

Bitrue Enhances Support for Shiba Inu (SHIB) Ecosystem with Staking and Embracing Shibarium’s Layer-2 Scaling Solution

13Jul

By OLAJIDE SAMUELNo Comments

Shiba Inu

Bitrue Enhances Support for Shiba Inu (SHIB) Ecosystem with Staking and Embracing Shibarium’s Layer-2 Scaling Solution

Singapore-based cryptocurrency exchange Bitrue has joined the growing list of platforms bolstering their support for Shiba Inu (SHIB) and its ecosystem tokens, BONE and LEASH. The exchange recently announced the introduction of staking options for LEASH and BONE, allowing users to earn up to 10% annual percentage yield (APY) interest in Shiba Inu. https://twitter.com/BitrueOfficial/status/1679113382463504384 Bitrue activates the staking feature for Shiba Inu Tokens, LEASH and BONE On July 12, at 13:00 (UTC), Bitrue activated the staking feature for LEASH and BONE, which was met with enthusiasm by the Shiba Inu community. The exchange promptly shared the news on Twitter, inviting community members to invest their LEASH and BONE to earn SHIB. This move aligns with Bitrue's efforts to pr...

Shiba Inu (SHIB) Gains Momentum in Africa as Interest Surges in South Africa, Ivory Coast, and Beyond

12Jul

By OLAJIDE SAMUELNo Comments

Shiba Inu

Shiba Inu (SHIB) Gains Momentum in Africa as Interest Surges in South Africa, Ivory Coast, and Beyond

Shiba Inu (SHIB), a prominent decentralized project, is attracting significant attention from crypto enthusiasts and investors in various countries, particularly in Africa. Recent data from CoinGecko, a leading crypto-tracking platform, highlights the growing interest in SHIB among African nations, with South Africa and Ivory Coast standing out as key markets. Shiba Inu has a growing interest in South Africa and Ivory Coast According to the CoinGecko research, which analyzed web page views from January 1 to July 4, 2023, Shiba Inu emerged as the second most popular cryptocurrency in South Africa and the third most popular in Ivory Coast. These findings showcase the growing influence of SHIB within these nations' crypto landscapes. Read Also: Bitrue Adds LEASH Token to its Platform, Co...

Shiba Inu Witnesses Surge in Weekly Burn Rate, Over 708.76 Million SHIB Permanently Eliminated

26Jun

By OLAJIDE SAMUELNo Comments

Shiba Inu

Shiba Inu Witnesses Surge in Weekly Burn Rate, Over 708.76 Million SHIB Permanently Eliminated

Shiba Inu, a popular cryptocurrency, has experienced a significant increase in its weekly burn rate, resulting in the elimination of over 708.76 million SHIB from circulation. The latest data from Shibburn.com reveals a remarkable 1747% surge in burn rate compared to the previous week. https://twitter.com/shibburn/status/1672820090402750469 MARSWAP, Koyo Token, and Mysterious Wallet Identified as Top SHIB Burners Notable contributors to this surge include MARSWAP (MSWAP), Koyo Token (KOY), and a mysterious wallet. Additionally, an intriguing development involves a bankrupt crypto lender, Voyager, transferring a substantial amount of SHIB to an unknown wallet. Read Also: Shytoshi Kusama's Cryptic Tweets and Collaborations Ignite Excitement in the Shiba Inu Community Increased...

96 Million Shiba Inu Burnt In 24 Hours, 2.41 Billion in 7 Days: Contribution Details

30May

By Cryptolifedigital5 Comments

Cryptocurrency

96 Million Shiba Inu Burnt In 24 Hours, 2.41 Billion in 7 Days: Contribution Details

Data from the tracking platform Shibburn reveals that past week over 2.41 Billion tokens of the dog-inspired cryptocurrency Shiba Inu (SHIB) was burned with nearly 236 separate transactions. 1Cent token and Travis Johnson’s SHIB Burn Games are among the major SHIB Burn contributors of the Week. According to a recent tweet from Shibaburn.com, the SHIB Army has permanently removed a whopping total of 2,417,015,301 (2.41B) SHIB tokens from circulation in the last seven days through 236 separate transactions. Read also: Dogecoin (DOGE) Gets Elon Musk’s Nod as a Payment Option for Tesla and SpaceX Merchandise https://twitter.com/shibburn/status/1530760863778471936 1CENT Weekly BURN EVENT: Among prominent SHIB Burners, the SHIB-inspired token, “1Cent,” organized its Weekly Burn...