Shiba

BONE’s reaction to Shiba Inu’s latest update is intriguing

Shibarium Block Explorer was down due to massive traffic.  BONE was up by 11%, and metrics were bullish.  After its launch on 16 August, Shiba Inu’s [SHIB] Shibarium witnessed a massive surge in transactions. Because of this, developers had to deal with scalability issues to support the traffic. Recently, the layer-2 again went live on …

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Shiba Inu’s burn rate spikes to over 1000%; will SHIB switch sides?

Over 1 billion SHIB has been burned in the last 24 hours. SHIB has been on a downtrend, and its bearish trend has continued. Shiba Inu recently experienced an unusually high burn rate, which hadn’t been observed for some time. This burn rate coincided with ongoing discussions and excitement about the Shibarium, driven by recent developments. …

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Shiba Inu smashes $0.00001 resistance, bulls target more gains

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Shiba Inu crossed the $0.00001 resistance level, as buyers reigned supreme. Spike in social dominance could bring new eyeballs to SHIB, leading to more gains.  Shiba Inu [SHIB] smashed the $0.00001 resistance level for …

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Shiba Inu leads the altcoins as investor attention witnesses a shift

Prospects of a Shibarium’s launch this month trigger hype for the Shiba Inu community. SHIB’s supply held by top addresses was significantly lower considering its position at the beginning of August. Investor attention has recently been shifting in favor of stablecoins and Shiba Inu is among the biggest beneficiaries. The impact of this shift was …

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Analyzing Shiba Inu’s rising hype ahead of Shibarium’s launch 

SHIB’s supply on exchanges declined, and positive sentiment rose. BONE’s price increased by over 20% in the last seven days, and metrics remained bullish.  As Shiba Inu’s [SHIB] much-awaited Shibarium launch drew closer, the hype around SHIB also increased. This was evident from the massive increase in the token’s accumulation over the last few weeks. …

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