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news-imageFebruary 3, 2025

Shibarium's rise: How the new L2 impacts Shiba Inu's price, burn rate

Shiba Inu's ecosystem is seeing major shifts as Shibarium, its Layer 2 solution, gains adoption.
Publisher: AMBCrypto
Sentiment: Positive
SHIB

More News Articles

Positive
cover-imageBenzinga
February 3, 2025

Fartcoin Rebounds 38% In A Day, Outpaces Dogecoin, Shiba Inu

Fartcoin (CRYPTO: FARTCOIN) is recovering faster from a temporary market downturn than rivals Dogecoin and Shiba Inu, drawing renewed attention from traders on social media. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Fartcoin (CRYPTO: FARTCOIN) $0.7934 $793.4 million +38% -13.5% Pudgy Penguins (CRYPTO: PENGU) $0.01287 $809.2 million +0.6% -41.8% Dogwifhat (CRYPTO: WIF) $0.8185 $814.07 million -20.5% -26.9% Trader Notes: Trader Cold Blooded Shiller noted that Fartcoin has twice tested key resistance and is now breaking higher after a full wipeout of the past two months' upside.

Negative
cover-imageBenzinga
February 3, 2025

Dogecoin, Shiba Inu Crater 13% As Bitcoin Takes A Tariff Beating

Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) suffered double-digit losses overnight as Bitcoin (CRYPTO: BTC) briefly slumped to $92,000. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin (CRYPTO: DOGE) $0.2571 $38 billion -12.6% -17.6% Shiba Inu (CRYPTO: SHIB) $0.00001484 $8.7 billion -13.5% -16.8% PEPE (CRYPTO: PEPE) $0.059745 $4.09 billion -19.2% -21.4% Trade Notes: Crypto trader Tardigrade reassured that DOGE's pullback is part of a macro cycle.

Negative
cover-imageUToday
February 3, 2025

Shiba Inu (SHIB) to Add Another Zero? 40% Price Drop

With its price falling below the 200 EMA, a crucial support level, Shiba Inu is currently experiencing one of its most critical moments. Due to this action, SHIB has returned to its February 2024 price levels, wiping out months of gains and igniting worries that the asset may drop below $0.00001 and add another zero to its valuation.

Positive
cover-imageThe Motley Fool
February 3, 2025

Want to Make $5,000 With Shiba Inu? Follow These 4 Rules.

While there's no guarantee that anyone will make money when investing in a silly meme coin like Shiba Inu (SHIB -24.14%), there are a few things you can do to maximize your chances of walking away with some cash, and minimize the risk of a total wipeout of your investment.

Positive
cover-imageBenzinga
February 1, 2025

Analyst Forecasts Mammoth 200% Surge for This Dogecoin and Shiba Inu Competitor

The crypto market might be in for a surprise as a well-known crypto analyst predicts a significant rally for a competitor of Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB). What Happened: The analyst, known as Inmortal, shared on X platform that the meme coin Floki (CRYPTO: FLOKI) is showing a Relative Strength Index (RSI) pattern similar to one that previously resulted in a 200% price surge.

Positive
cover-imageThe Currency Analytics
February 1, 2025

Shiba Inu's Path to $100K, $500K, and $1 Million

Shiba Inu (SHIB) has remained a prominent cryptocurrency in recent years, gaining attention from investors due to its potential for significant price increases. Despite recent struggles in the market, many holders are still optimistic about its future performance.

Positive
cover-imageInvezz
January 31, 2025

Will SHIB rise in February? A look at Shiba Inu's past performance

Historical data shows Shiba Inu (SHIB) has never recorded losses in February. While past trends aren't an assurance due to the crypto market's wild fluctuations, SHIB's consistent patterns have grabbed the crypto community's attention. Shiba Inu's Feb performance Cryptorank's stats show the dog-themed token has gained 21.1% on average in February, with 20.3% median returns.

Positive
cover-imageCoingape
January 31, 2025

Shiba Inu Burn Rate Rockets Over 7000%, SHIB Breakout Ahead?

The Shiba Inu burn rate has again fueled substantial market optimism across the crypto landscape, witnessing a whopping 7200% surge on Friday. As over 1 billion tokens were removed from the asset's circulating supply in the past 24 hours, a bullish market sentiment bubbled the meme-themed asset.

Positive
cover-imageBenzinga
January 31, 2025

Shiba Inu's Burn Rate Explodes 43325% As A Billion SHIB Tokens Kicked Out Of Circulation

About a billion Shiba Inu (CRYPTO: SHIB) tokens were removed from circulation on Thursday, applying further deflationary pressure on the popular dog-themed cryptocurrency. What Happened: Kaal Dhairya, a key figure in the ecosystem, took to X to announce the massive burning event to celebrate upgrades made to ShibTorch, Shiba Inu's community-driven burn portal.

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