The Shiba Inu (SHIB) ecosystem is seeing a positive change as Shibarium, its layer-2 scaling solution, is operating at near-full capacity again. This comeback comes after network struggles and SHIB price rebounds, showing that investors and the wider crypto community are regaining confidence.

Shiba Inu (CRYPTO: SHIB) is up 3.7% over the past 24 hours as positive news from its community bolster sentiment. What Happened: Pseudonymous lead developer Shytoshi Kusama suggested establishing a blockchain innovation hub in the U.S., inviting presidential candidates to endorse a "Silicon Valley" for the blockchain sector.

SHIB's bullish breakout shows promise, but resistance levels will determine its next move.

It is possible that Shiba Inu is about to surpass a six trillion SHIB transaction volume, which would indicate increased activity and interest from major holders. The number of large transactions and overall transaction volumes fluctuate according to on-chain data, reflecting periods of interest in SHIB trading activity as well as periods of stagnation.

Shytoshi Kusama, the lead developer of Shiba Inu, has unveiled an ambitious proposal to establish a “Strategic Hub for Innovation and Blockchain” (S.H.I.B.) in a United States city aka the “The Silicon Valley of Crypto.

Kusama stated that the project would give a very strong return, yielding $10 for every $1 invested over a decade.

Shiba Inu's burn rate has skyrocketed, jumping 900% in the last week! On November 1, it saw a massive spike of 254,000%, with over 5.5 billion SHIB tokens burned.

At around 80%, the current dominance levels of Bitcoin (BTC) Ethereum (ETH) Tether (USDT) and USD Coin (USDC) on the cryptocurrency market suggest that the landscape may be changing. The market may see a reversal following one final push to this resistance level before the year ends, as the dominance of these core assets has historically peaked at about 82%.

DOGE's price surge came after the latest Musk interaction.

Check out which factors can trigger a SHIB price explosion.

As Americans prepare to vote for their next president, Shytoshi Kusama, the lead developer of Shiba Inu, has shared a big plan to make the U.S. a leader in blockchain technology. The initiative, known as the Strategic Hub for Innovation in Blockchain (S.H.I.B.

According to the data shared by the popular tracker Shibburn, over the last day the SHIB burn rate has fallen to zero. Still, curiously, there is a substantial amount of meme coins that were transferred to unspendable wallets.

Shiba Inu coin's team sparked a tidal wave of frenzy across the crypto landscape on Tuesday, revealing a proposal to introduce Strategic Hub for Innovation in Blockchain (S.H.I.B.) in the U.S. Notably, the meme coin's lead developer, Shytoshi Kusama, unveiled this proposal recently while also inviting “presidential candidates or interested parties” nationwide to jack up

The crypto market is experiencing volatility amid the US elections. The BTC price is back to $68k as the FUD surges. Under such conditions, SHIB and MOG are rising against the bearish tide, with intraday gains teasing the continuation of the uptrend.

Shiba Inus recent on-chain data reveals an uptick in whale activity, with 2.34 trillion SHIB moved in major transactions within 24 hours. While SHIBs price remains steady, the consistent interest from large holders suggests possible accumulation for a potential price recovery.

Top online poker site CoinPoker is launching the meme Millions Tournament Series on November 17, and as the name implies, there's $1,000,000 worth of prizes up for grabs. Whether you are new to meme coins or have already dabbled in this red-hot crypto sector, there's something in Meme Millions for everyone.

SHIB has whipsawed over the past few days after a delayed golden cross - What's next?

The metrics from the broader market regarding the recovery of meme coins like Shiba Inu (SHIB) and Dogecoin (DOGE) show an interesting twist. Data from the crypto analytics platform IntoTheBlock shows a significant divergence in the whale activities from SHIB and DOGE.

The cryptocurrency market is reacting to the upcoming US Presidential election after more than $288M was liquidated within 24 hours per Coinglass. Out of these liquidations, $142M were long, while $86M were short.

Shiba Inu's ecosystem has been expanding rapidly in the past year, thanks in part to Shibarium, its layer-2 platform. Interestingly, recent data shows Shibarium has seen an impressive uptick in activity, with daily transactions reaching 4.68 million in the past 24 hours.

Crypto analyst Master Kenobi has provided an update on his FLOKI master plan. The analyst revealed that his initial analysis had been invalidated and mentioned what was next for the Shiba Inu competitor with this development.

Solana, Shiba Inu, and XRP are at key levels. Will they break out or face more selling pressure?

Spot On Chain says that Gemini, one of the biggest U.S. cryptocurrency exchanges, recently moved a lot of funds into a new multisignature custody wallet. The wallet, which was created just 18 days ago, has quickly amassed a lot of altcoin holdings, including a major acquisition of 200 billion Shiba Inu (SHIB) tokens valued at around $3.39 million.

Recently Shiba Inu has drawn attention due to an intriguing pattern in its on-chain data rather than a sharp price increase. SHIB has demonstrated stability in spite of its somewhat difficult market position, which is marked by low volatility and subdued price activity.

A newly created Gemini multisig custody wallet bets big on four crypto recently, sparking market speculations. The wallet created just 18 days ago, spent more than $113 million to accumulate Ethereum, SHIB, PEPE Coin, and LINK crypto.

The latest data from IntoTheBlock shows that large-scale transactions in Shiba Inu (SHIB) have increased by over 361% in the past 24 hours. The number of transactions in USD went from $10.95 million to $39.6 million, with the total amount of SHIB going from 628.55 billion to 2.34 trillion tokens.

One of the Shiba Inu team's social media admins known as @DavinciShib on the X platform has published an important warning to the Shiba Inu community.

Shiba Inu's Lucie anticipates a November bull run while expressing caution amid the uncertainties of the US election.

The Shiba Inu (SHIB) burn rate has displayed an unusual anomaly in the past 24 hours. After a landmark rally in the past week, the last time any SHIB entered the burn wallet was two days ago.

In a post on social media platform X, Lucie, the Shiba Inu marketing lead, expressed expectations for a November bull run and plans to seize the opportunity with a few interesting cryptocurrencies.

For the Shiba Inu price to reach $1, several key factors must align perfectly. This price milestone would require substantial changes in market conditions that would propel it to new heights.

Recently Shiba Inu's volatility has dropped to almost zero and the asset has been trading in an exceptionally narrow range. The price floor $0.000016 has served as a bulls' line of defense and the token is remaining stable around it.

The cryptocurrency market has seen a surge of interest in meme coins, with tokens like Shiba Inu and Dogecoin making headlines in past years. However, 2024 has introduced a new contender: Vantard. This nascent project has quickly raised over $306,000, achieving the title of the year's most promising crypto presale.

Shiba Inus enigmatic developer Shytoshi Kusama took to X to voice his exasperation, warning SHIB fans of new scam tactics exploiting his online presence. He emphasized the importance of verifying information through official SHIB channels.

Following a notable uptick in September, Shiba Inu has been in recovery mode for the past few weeks. Important moving averages on the chart have converged, which has put SHIB on traders' radars as they watch for an impending volatility spike.

Shiba Inu (SHIB) experienced a notable boost last week, driven by a broader crypto market rally spearheaded by Bitcoin and Ethereum.

The price of Shiba Inu (SHIB), the popular meme-inspired cryptocurrency, has recently come under a lot of selling pressure, dropping over 6.1% in the past 24 hours. Right now, SHIB is trading at $0.0000164, which is close to the low it hit in late October.

The recent fluctuations of Shiba Inu raise concerns and hopes among crypto investors. Is this the right time to invest?

The dog-themed cryptocurrency Shiba Inu (SHIB) has seen a surge in its burn rate, skyrocketing by an astonishing 6,153% over the past week.

In contrast to the trillion-level transactions that were the on-chain activity for Shiba Inu, the same level has significantly declined with only 628 billion SHIB transacted in the last 24 hours. This declined volume raises concerns about the long-term viability and market appeal of SHIB by pointing to a potential change in whale activity.

The crypto universe has closed another week with remarkable developments unfolding across the broader sector. While Ripple vs.

The Shiba Inu price movement has been marked by ups and downs in the past seven days. Particularly, the meme coin rallied from $0.00001660 to $0.00001996 in three days before dropping sharply to $0.00001770 in the three days after.

Despite a massive burn rate spike, SHIB might struggle to break out of its historical price trends.

The Shiba Inu burn rate has experienced a dramatic rise, soaring by over 24,271% in just one day. This massive token burn, as reported by the Shibburn tracking platform, coincides with a notable uptick in Shibarium transactions.

The crypto market has witnessed a bearish turnaround ahead of the U.S. presidential election. As Bitcoin price dives below the $70,000 threshold, most major altcoins, including popular memecoin coin SHIB, showed renewed selling pressure.

The cryptocurrency market is mainly falling today, according to CoinStats.

In October, Shiba Inu's (SHIB) price increased by 10%, driving speculation that the token could extend this rally. But as November began, things seemed to have changed.