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news-imageOctober 24, 2024

Shiba Inu Team Introduces New SHIB Burning Method Via Shibarium

The WoofSwap team, operating the decentralized exchange (DEX) on the Shibarium network, has unveiled a novel Shiba Inu token-burning mechanism through the introduction of a new token named FEED. TThe announcement was made via X, where WoofSwap detailed the intended impact of FEED.
Publisher: Bitcoinist
Sentiment: Positive
SHIB

More News Articles

Neutral
cover-imageUToday
October 24, 2024

Only 2%: This Shiba Inu (SHIB) Inu Metric Is Raising Questions

Concern is being raised by Shiba Inu after a crucial on-chain metric provides an unexpected glimpse into the condition of its holders. Data shows that only 2% of SHIB holders are classified as short-term investors, which indicates that very little of SHIB's supply is being purchased and sold quickly.

Negative
cover-imageCoingape
October 24, 2024

Zero SHIB Burn Rate in 24 Hours: What It Means for Shiba Inu Price?

The second biggest meme coin, Shiba Inu, has been depending on the SHIB burn mechanism in hopes of increasing its scarcity and providing more stability in the price. Even since the introduction of token burning, Trillion of tokens have been reduced from the total supply, but there is no significant difference in the SHIB price

Positive
cover-imageCoingape
October 22, 2024

What are the Chances of Shiba Inu Price Hitting $1?

Shiba Inu price has seen a significant increase since its inception, and investors are speculating about the probability of the meme coin surging to $1. SHIB already has a massive market cap of $10 billion, and at an all-time high, it hit around $60 billion.

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