Shiba Inu (SHIB) price surge 20% within the daily timeframe on Friday May 3, as market reacted to a landmark Paypal integration.
Breaking down Shibarium's bi-folded hard fork: speed enhancements to prevent future traffic congestion?
Altcoins showed impressive double-digit gains after Bitcoin bulls successfully pulled BTC price back above the $61,000 level.
Shiba Inu marketing lead, Lucie has announced plans that would see ShibaSwap, a Decentralized Exchange (DEX) on the Ethereum blockchain expanding to a new chain. This new development could significantly transform the Shibarium ecosystem, potentially fueling a price leap for Shiba Inu's native token, SHIB and Shibarium's BONE.
The cryptocurrency market has recently seen a substantial price increase in several tokens, including Shiba Inu (SHIB), Bonk (BONK) and Dogwifhat (WIF).
According to data provided by the Shibburn meme coin wallet tracker, a large amount of SHIB has been burned since yesterday morning. This burn increase has driven the SHIB burn rate far up.
As the Shiba Inu (SHIB) price continues to navigate through a period of consolidation, on-chain data reveals a surprising insight: a massive 733 trillion SHIB tokens held in wallets remain profitable despite the current lull in SHIB's price. This revelation underscores the resilience and long-term commitment of SHIB holders, despite short-term fluctuations in market sentiment.
This week, we take a closer look at Ethereum, Ripple, Cardano, Shiba Inu, and Polkadot. Ethereum (ETH) Ethereum broke under $3,000 and closes this week with a 5% loss.
Kraken Pro, a major U.S.-based exchange, has unveiled its latest development: the addition of new margin pairs, with a spotlight on Shiba Inu (SHIB), the renowned meme-inspired cryptocurrency.
TL;DR Shibarium, the layer 2 network of Shiba Inu, successfully completed its hard fork on May 2, offering lightning-fast transactions and predictable gas fees. The hard fork introduces fundamental changes in the network's software, making the network more affordable and accessible for users.
Observing the movements of smart whales can provide valuable insights for crypto traders and investors navigating the waters of cryptocurrency. These highly capitalized addresses have a profitable trading history.
The crypto market needs a driver or several to move prices higher, and over the last few days it really hasn't gotten any.
Shibarium, the layer-2 network from the Shiba Inu (SHIB) ecosystem, successfully completed a significant hard fork on May 2.
Key Dogecoin competitors are making waves in the cryptocurrency market, notably Shiba Inu (SHIB), Pepe (PEPE), dogwifhat (WIF), and Bonk (BONK). Each offers a unique charm and an expanding community, energizing the meme coins to buy trends.
Shiba Inu is currently exhibiting signs of a weak reversal, also known as a dead cat bounce. Unfortunately, as things unfold, there is a good possibility of Shiba Inu simply losing steam and reversing downwards.
SHIB survived the worst of this week's correction, and even briefly rallied along with Dogecoin (DOGE). But SHIB goes beyond the pure meme narrative of tokens like BONK, SLERF, Dogwifhat and FLOKI.
The memecoins category continues to display volatile price sentiments following the cross-border market correction during the week's start. Category leaders, Dogecoin and Shiba Inu tokens hover close to their support/resistance levels, indicating uncertainty in future price action.
In a revealing discussion, Lucie, a member of the Shiba Inu team, sheds light on the enigmatic key burns orchestrated by the projects founder, Ryoshi. Lucies insights, shared in response to community inquiries, clarify the mechanism behind burning SHIB tokens and emphasize the essential role of community engagement in driving further burns.
Shiba Inu's layer-2 blockchain Shibarium has successfully undergone a hard fork, grabbing interest from the wider crypto community. After the successful Bor hard fork, the second upgrade the Heimdall hard fork, is aimed at the Shibarium blockchain's transaction reliability and facilitating the network's attainment of ‘deterministic finality'.
The Open Interest and funding rates of Dogecoin and Shiba Inu gave clues about the strength of each memecoin.
The Shibarium network is set to undergo a major change with two key upgrades: Bor and Heimdall. These upgrades are designed to improve the network significantly, leading many experts to view this as positive news for SHIB, the token associated with Shibarium.
Shibarium, the layer-2 solution of Shiba Inu, has completed its hard fork, according to a recent announcement.
A bull pattern emerged on Shiba Inu's price chart, and a successful breakout could result in SHIB touching new highs.
Shiba Inu (SHIB) lovers will get a full description of the highly anticipated Shibarium hard fork in the most recent issue of The Shib magazine. On International Workers Day, the magazine begins with a rallying cry for the Shib Army and invites readers to delve into the complexities of Shibarium and its upcoming hard fork.
On May 2, Whale Alert tracked two enormous transfers totaling 1.75 trillion Shiba Inu (SHIB) tokens from Robinhood, driving a more than 6% increase in SHIBs price and igniting bullish sentiment among investors. Significant Shiba Inu Transfers Hint at Potential Recovery, Sparking Market Optimism In a recent report by CoinGape, on May 2, a wallet address withdrew 1.75 trillion SHIB in two transactions of 875,000,000,000 SHIB, each worth $19 million.
Shibaswap would now operate on both the Ethereum and Shibarium networks.
Shiba Inu (SHIB) is capturing significant attention following a colossal transfer of tokens and a prediction of a bullish breakout. This event has piqued the curiosity of both traders and analysts alike, sparking debates and expectations about the future trajectory of this popular meme coin.
Ethereum is currently navigating through a challenging phase, hovering around the $2,923 mark. This price level is just above the critical 200-day EMA support at $2,700, which serves as a major psychological and technical stronghold for the asset.
Shiba Inu (SHIB) could soon witness a significant price rally, with crypto analyst Ali Martinez highlighting a bullish pattern forming on the meme coin's chart. Shiba Inu's price could potentially see a 150% gain when this rally happens.
"Shiba Inu appears to be forming a bull flag on the daily chart," Ali Martinez argued.
Shiba Inu (CRYPTO: SHIB) is up 7.6% amid significant whale transactions and a the movement of around 1.75 trillion SHIB. What Happened:Shiba Inu's ecosystem is undergoing significant upgrades, with the recent Bor hard fork on Shibarium targeting critical bug fixes to enhance transaction processing and network performance.
Genuine engagement, a fair launch and active holder participation in decision making among key factors for success in crypto.
Shiba Inu team member Lucie recently delved into the discussion of burns, citing Shiba Inu's founder Ryoshi's burning of keys to the Shiba Inu supply.
Shiba Inu price hit $0.000020 on May 2, reflecting a 27% freefall in the last 10 days. SHIB trading volume trends suggests more downside ahead.
SHIB price forecast: Shiba Inu Coin price has experienced a remarkable increase in its market value, rising sharply in the last day. This meme coin surpassed the $0.000022 mark, indicating a bullish trend despite ongoing market fluctuations.
A Twitter/X account that posts warnings about scammers to the Shiba Inu army, “Shibarmy Scam Alerts,” has announced that a new fake account of the pseudonymous SHIB leader Shytoshi Kusama has emerged on social media.
An analyst explained how Shiba Inu could be heading towards a massive rally based on a bull flag pattern that forms in its daily chart. Shiba Inu Has Been Consolidating Inside A Bull Flag Recently In a new post on X, analyst Ali has discussed about a bull flag that has recently appeared in the daily price of Shiba Inu.
Shibarium keeps making great strides, blasting through another significant milestone.
It has come to light, thanks to data from IntoTheBlock, that the volume of large transactions involving the popular meme cryptocurrency Shiba Inu (SHIB) has increased 165% in the past 24 hours from 3.73 trillion SHIB to 6.18 trillion SHIB.
The Shiba Inu (SHIB) community observed the burning of approximately 1.69 billion SHIB tokens throughout April, distributed across 204 distinct transactions.
The cryptocurrency market continues its wild ride in 2024, with established giants like Bitcoin facing headwinds while seemingly outlandish projects like Shiba Inu experience unexpected growth spurts.
Shiba Inu News: Whale tracker Whale Alert on Thursday recorded two transactions moving 1.75 trillion Shiba Inu (SHIB) tokens from Robinhood. Moreover, Shiba Inu price has increased over 6% over the last 24 hours as whales started accumulating, but 1.75 trillion SHIB transfer sparked buzz in the community renewing bullish sentiment.
In the latest edition of The Shib magazine, Shiba Inu (SHIB) enthusiasts are treated to a comprehensive overview of the much-anticipated Shibarium hard fork. Celebrating International Workers' Day, the magazine kicks off with a rallying cry to the Shib Army.
In the latest issue of the “SHIB Magazine,” the Shiba Inu team has disclosed detailed plans for the upcoming hard fork of the Shibarium network, marking a pivotal milestone in the project's ongoing efforts to enhance its blockchain infrastructure.
There was no noticeable impact on SHIB prices despite the token burn.
Prominent blockchain sleuth Whale Alert, which tracks down large cryptocurrency transfers, has spread the word about almost two trillion Shiba Inu meme coins leaving Robinhood for an unknown wallet.
A Shiba Inu whale recently dumped massive SHIB tokens on Coinbase, one of the worlds top cryptocurrency exchanges. The enormous volume of SHIB offloaded quickly sparked a gloomy feeling among crypto market aficionados worldwide, as SHIBs price fell today, May 1.
At the Token 2049 conference, Tron founder Justin Sun endorsed popular meme coins like Dogecoin and Shiba Inu, emphasizing their pivotal distinction from traditional finance and celebrating their community-driven values Justin Sun Champions Meme Coins, Cites Community Impact and Market Success at Token 2049 Sun shared a video clip from the Token 2049 Dubai conference in which he advocates for meme coins. In the video, the Tron founder reveals his fascination with all the meme coins featuring various animal emblems.