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Tag: Shibacals

Shibarium Explorer Gets Upgrade to Enhance Transparency
Shiba Inu

Shibarium Explorer Gets Upgrade to Enhance Transparency

Shibarium, the layer-2 scaling solution for Shiba Inu, continues to gain traction with a recent update to its blockchain explorer, Shibariumscan. Shibariumscan plays a crucial role in ensuring transparency on the Shibarium network by allowing users to explore transactions, addresses, and other vital data. Blockscout, the open-source platform powering Shibariumscan, has introduced a new feature to further enhance this transparency. Read Also: Shiba Inu Price Tumbles as Whale Transfers 1.24 Trillion Tokens to Exchanges Blockscout: Powering Shibarium Exploration For those unfamiliar, Blockscout is a popular platform that provides blockchain explorers and analytics tools for various Ethereum-compatible networks. It's the backbone behind both Shibariumscan (mainnet) and Puppyscan (Shiba...
Comparative Analysis: Shiba Inu’s Speculative Appeal vs. Bitcoin’s Solid Foundation in the Cryptocurrency Market
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 (SHIB) Faces Volatility and Regulatory Headwinds, but Changelly Predicts Positive Uptrend
Shiba Inu

Shiba Inu (SHIB) Faces Volatility and Regulatory Headwinds, but Changelly Predicts Positive Uptrend

Cryptocurrency trading platform Changelly has forecasted a potential 9.39% jump for Shiba Inu (SHIB) if it hits $0.000008900 on November 24. Despite current market sentiment indicating a 4% slump with SHIB priced at $0.000007969, the token's volatility leaves room for such fluctuations. Market Overview As of now, Shiba Inu's market capitalization has experienced a 4.46% drop, standing at $4,697,098,306. However, a notable silver lining is the over 41% surge in trading volume, suggesting that SHIB traders still maintain optimism in the market. Read Also: BitTrade Expands Lending Services to Include SHIB and XRP Amid Rising Demand Changelly remains positive about Shiba Inu's performance for the remainder of the trading week. The platform projects a potential recovery, estimating that...
Shibacals Announces Exciting Updates for Shiba Inu Community
Shiba Inu

Shibacals Announces Exciting Updates for Shiba Inu Community

Shiba Inu's official studio, Shibacals, has made significant strides in recent months, aiming to bridge the gap between non-fungible tokens (NFTs) and physical items within the Shiba Inu ecosystem. In a recent update, Shibacals shared news of its first batch of Shiba Inu-themed Champion hoodies being sent to buyers, offering a glimpse into the real-world integration of this unique project. Read Also: Dark Defender's Analysis Suggests Potential for XRP to Reach $5.8 The First Batch of Shiba Inu-themed Champion Hoodies Shibacals recently took to X (formerly Twitter) to announce that they have sent out the first batch of their Shiba Inu-themed Champion hoodies. https://twitter.com/ShytoshiKusama/status/1712227291785293848 This exciting development signifies a major milestone for t...
Elon Musk’s Twitter Rebranding and Shiba Inu Mention Spark Crypto Speculations
Shiba Inu

Elon Musk’s Twitter Rebranding and Shiba Inu Mention Spark Crypto Speculations

In a recent development amid Twitter's rebranding endeavour, billionaire entrepreneur and Twitter owner Elon Musk triggered speculations within the broader crypto community with his mention of Shiba Inu. The rebranding saw the iconic Twitter bird logo replaced with a letter X in a dark theme, prompting reactions from users and employees alike. https://twitter.com/elonmusk/status/1683662200936755200 Jonah Katz, an engineer at Twitter, took to the platform to express his reaction to the rebranding. Katz humorously tweeted that he would continue scrolling on Twitter for six hours a day, even if the platform rebranded itself to a donkey. His light-hearted remark caught the attention of Elon Musk, who replied with a laughing emoticon. Read Also: Price Analytics Platform Projects 2553% ...
Shiba Inu Announced as Title Sponsor of Blockchain Futurist Conference, Set to Unveil Shibarium Mainnet 
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
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
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...
Bitrue Adds LEASH Token to its Platform, Completing the SHIB-Trifecta
Shiba Inu

Bitrue Adds LEASH Token to its Platform, Completing the SHIB-Trifecta

Bitrue, a prominent cryptocurrency trading platform, has made a significant move by supporting the Dogecoin Killer (LEASH) token. The platform recently announced the addition of the LEASH/USDT trading pair, allowing users to deposit LEASH tokens on Bitrue. Spot trading for the LEASH/USDT pair is set to officially launch on July 12, 2023, at 10:00 (UTC), while the withdrawal feature for LEASH will become available on July 13, 2023, at 10:00 (UTC). Read Also: Crypto Analyst Crypto Caesar Predicts XRP Could Reach $10 with Regulatory Clarity. https://twitter.com/BitrueOfficial/status/1678722473410592773 The addition of the LEASH makes a third Shiba Inu token be added to the exchange This listing on Bitrue cements the platform as one of the few exchanges to offer all three tokens within...
Shibarium Nears Mainnet Launch, Promising Exciting Developments for Shiba Inu Ecosystem
Shiba Inu

Shibarium Nears Mainnet Launch, Promising Exciting Developments for Shiba Inu Ecosystem

The highly anticipated Shibarium project is generating significant buzz within the Shiba Inu community. Recent statements from Shytoshi Kusama, the lead developer in the SHIB ecosystem, have further fueled excitement among community members. Kusama hinted at forthcoming developments following the mainnet launch of Shibarium, the layer-2 scaling solution, during a conversation with Bad Idea AI, the newest partner of Shiba Inu. Read Also: XRP's Social Dominance Spikes as Crypto Community Awaits SEC vs. Ripple Ruling https://twitter.com/badideaai/status/1678197775601680390 Kusama Reveals exciting developments ahead Shibarium In a discussion on the official Bad Idea AI Telegram group over the weekend, Kusama expressed his enthusiasm, stating, "Enjoy everyone. Much more upcoming." The B...