Category: SHIB price performance

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Shibarium Transactions Spike 288%, But Why Is Shiba Inu Price Down Today?

Shibarium, the Ethereum Layer network from the Shiba Inu team, has had a rocky few months following its highly anticipated launch. After surging immediately following its launch, its figures dropped as interest waned. However, there has been a change in the performance as transaction numbers are spiking once again. Transaction Numbers Jump 288% On Shibarium…
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Shiba Inu Burn Rate Crashes 98.79% With Less Than 1 Million tokens Burned

The majority of cryptocurrencies have started to turn green in terms of their price movement, which has led to Shiba Inu seeing gains of 2% over the past 24 hours. In spite of the modest increase in price, the SHIB burn rate seems to have taken a massive nosedive.  According to the official SHIB burn…
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Shiba Inu Burn Rate Falls 80%, Is It Time To Sell?

The Shiba Inu community burn rate has seen a significant decline over the last few days. The burn rate which had been on a tear earlier in the month started to recede and has fallen double-digits in the last 24 hours alone. Given that this burn initiative was implemented to reduce supply and increase the…
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