Shibarium

Shiba Inu (CRYPTO: SHIB) has seen a 65% increase in its burn rate, with over 61 million of its tokens burned in the last 24 hours.  What Happened: The spike in burning activity comes as Shiba Inu whales continue to accumulate SHIB tokens, indicating their growing interest in the digital asset...

Shiba Inu (CRYPTO: SHIB) token has a current supply of 589.3 trillion tokens and a price of $0.000007 each, the ecosystem boasts a market capitalization of $4.6 billion. What Happened: However, if the price were to reach $1 per token, the ecosystem’s market capitalization would skyrocket to a...

Shiba Inu (CRYPTO: SHIB) on Monday experienced a significant surge in burn rate, surpassing 300% over the past 24 hours.  What Happened: This surge followed the successful resolution of a glitch that had previously impacted the Shibarium layer-2 Ethereum (CRYPTO: ETH) Network.  Will Musk...

In the evolving intersection of virtual communities and real-world businesses, Shytoshi Kusama, the lead developer of Shiba Inu (CRYPTO: SHIB), has highlighted the transformative potential of their platform, Shibarium, presenting a clearer picture of the synergy between virtual communities and real...

Last month, Shiba Inu (CRYPTO: SHIB), unveiled its highly anticipated layer-2 solution called Shibarium, despite encountering initial challenges.  What Happened: The development of Shibarium was driven by a primary objective: to address the scalability concerns of Ethereum (CRYPTO: ETH). With...

Shytoshi Kusama, the lead developer of Shiba Inu (CRYPTO: SHIB), on Monday, confirmed the ongoing development of the Burn Portal for the Shibarium protocol. What Happened: Lucie, the Marketing Strategist of the Shiba Inu ecosystem on X, shared a screenshot of Kusama’s response to a community...

The newly launched Shiba Inu (CRYPTO: SHIB) layer-2 blockchain network, Shibarium, surpassed one million wallet mark on Sunday.  What Happened: This comes two weeks after the network’s initial launch, following a relaunch on August 28. In a blog post on Saturday, the Shibarium team said...

A mysterious Shiba Inu (CRYPTO: SHIB) whale has made waves in the crypto world by transferring an astonishing amount of tokens following the revival of the project’s layer-2 scaling solution, Shibarium.  What Happened: The whale, whose identity remains unknown, shifted 4.64 trillion...

Following a bumpy start, Shiba Inu’s (CRYPTO: SHIB) layer-two protocol, Shibarium, has made a comeback.  What Happened: After encountering a glitch during the beta version launch, developers took action to rectify the issue. Lead Developer Shytoshi Kusama on Monday said that the...

Shiba Inu (CRYPTO: SHIB) experienced a 3% increase in the past 24 hours as the token withdrawals from the Shibarium bridge have become operational.  What Happened: This development follows several weeks of challenges since the highly anticipated launch, where software glitches temporarily...

Bone ShibaSwap (CRYPTO: BONE) managed to defy the overall cryptocurrency market trends by recording a significant 12% increase, while popular tokens like Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Dogecoin (CRYPTO: DOGE) experienced a decline of over 2%. What Happened: Trading at $1.39,...

Shiba Inu (CRYPTO: SHIB) has experienced a 4% increase in the past 24 hours, outperforming both Dogecoin (CRYPTO: DOGE) and Floki (CRYPTO: FLOKI).  What Happened: The rise in SHIB’s price comes after Shibarium, Shiba Inu’s Layer-2 network, announced the impending relaunch of its...

Last week, Shiba Inu (CRYPTO: SHIB) introduced its much-anticipated layer-2 solution, Shibarium, despite some initial hiccups. What Happened: The main objective behind Shibarium’s development was to tackle Ethereum’s (CRYPTO: ETH) scalability concerns head-on. By increasing transaction...

Shiba Inu (CRYPTO: SHIB) ecosystem token Bone ShibaSwap (CRYPTO: BONE) is up 7% in the last 24 hours, even as top meme coins such as DOGE (CRYPTO: DOGE), Pepe Coin (CRYPTO: PEPE) and SHIB continue to tumble. What Happened: As of the time of writing, the trading price of BONE stood at $1.23. However...

In a recent development that has caught the attention of the cryptocurrency community, a significant amount of Shiba Inu (CRYPTO: SHIB) tokens were transferred between unknown wallets. Blockchain tracker WhaleAlert reported a transfer of 4,657,881,590,632 SHIB, equivalent to approximately $40,747,...