SHIB price technicals hint at another possible 40% rally for Shiba Inu versus Dogecoin as Shibarium comes into focus. The Shiba Inu (SHIB) price was at the lowest versus its top rival, Dogecoin (DOGE), in November 2022. Three months later, the dynamics have flipped. SHIB price rises 100% versus DOGE On Feb. 4, 2023, the…
Read more
Despite a pullback from earlier session highs in the broader cryptocurrency market on Thursday, dog-inspired meme coin Shiba Inu (SHIB), which lives as an ERC-20 token on the Ethereum blockchain, is pushing higher. The crypto token, which is the second most popular meme coin after Dogecoin, was last trading in the region of 3.0% higher…
Read more
SHIB token burn rates are seemingly rising on the Shiba Inu network. The current number of Shiba Inu burn trackers is quite surprising. However, data shows it is due to the degenerative performance of the SHIB burning machine. On-chain data shows that the SHIB burn rate observed a massive 1682.07% increase over the past 24…
Read more
“The Price of Tomorrow” author Jeff Booth has warned of a “great depression on steroids” if the U.S. Federal Reserve keeps hiking interest rates, while buzz about the anticipated layer two (L2) scaling solution known as Shibarium has been the backdrop for dynamic price movements in shiba inu. In other news, former FTX US president…
Read more
The second most popular meme coin on the crypto market, Shiba Inu (SHIB), is about to launch its eagerly awaited layer 2 scaling solution Shibarium. While lead developer Shytoshi Kusama has repeatedly said in recent weeks that the launch date is not yet set but will be “soon,” he may now have leaked the beta…
Read more
Shiba Inu traders are in FOMO mode with the Shibarium launch, but it might not be the best time to buy SHIB. Shiba Inu is hoping to become more than just a Dogecoin (DOGE)-inspired memecoin as it comes closer to launching its layer-2 network called, Shibarium. Meanwhile, the Shiba Inu (SHIB) token has emerged as one of…
Read more
While the broader crypto market has been trending sideways in the past 24 hours following its stellar rally over the past two weeks, Shiba Inu (SHIB) is bucking the trend, posting a whopping 21% price. The trading volume of the meme coin has exploded by 150% to $810 million within the last 24 hours. A…
Read more
The meme token shiba inu has seen a rise against the U.S. dollar during the last seven days as the coin’s supporters anticipate the beta launch of the layer two (L2) scaling solution Shibarium. Developers detailed on Jan. 15, 2023, that the L2 platform, “Shibarium beta,” is about to be launched on top of the…
Read more
The shiba inu crypto community is anticipating the launch of the layer two (L2) scaling solution Shibarium after it was revealed that the public beta will launch in the third quarter. According to shiba inu developers Shytoshi Kusama and Ryoshi, the layer two solution will bring transaction fees down considerably and possibly to zero. Shiba…
Read more
