Shibarium

Shibarium, the Layer-2 blockchain of Shiba Inu (CRYPTO: SHIB), has reported a significant 54% increase in transactions. This surge indicates a growing interest and engagement in the network. What Happened: The daily transactions on Shibarium rose from 2.01 million to 3.1 million...

More than 19 million Shiba Inu (CRYPTO: SHIB) tokens were kicked out of circulation Monday, applying additional deflationary pressure on the popular dog-themed meme coin. What happened: The burn rate exploded 1734% over the last 24 hours, resulting in a supply squeeze of 19.16 million SHIB tokens,...

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...

Shiba Inu (CRYPTO: SHIB) entered into a partnership with the decentralized oracle network Chainlink (CRYPTO: LINK) Thursday in a bid to expand its ecosystem. What Happened: The partnership would see the integration of Chainlink’s standard for blockchain interoperability as the...

Shiba Inu (CRYPTO: SHIB) cryptocurrency project announced the launch of a non-fungible token (NFT) bridge for its Layer-2 blockchain, Shibarium, paving the way for the smooth transfer of Ethereum (CRYPTO: ETH)-based NFTs. What Happened: On Monday, Shiba Inu’s official X account posted about...

Shytoshi Kusama, the mysterious lead developer of the Shiba Inu (CRYPTO: SHIB), shared a GIF, purportedly celebrating the breakout rally of the ecosystem's top cryptocurrencies. What happened:  On Thursday, the pseudonymous lead posted a meme on X, showing Vegeta, a character in the popular anime...

Popular dog-themed memecoin Shiba Inu (CRYPTO: SHIB) recorded a significant jump in its burn rate in the last 24 hours, although the community remained unimpressed. What happened: About 15.08 million SHIB tokens were kicked out of circulation, according to the official burn tracker, Shibburn,...

‘Dogecoin Killer' Shiba Inu (CRYPTO: SHIB) burnt around 12 million coins in only 24 hours as the community boasts new developments. What Happened: Shibburn data noted a rise of 451.06% in the past 24 hours as 12.2 million coins were removed from the system. One transaction with 2.6 million coins...

Popular dog-themed cryptocurrency Shiba Inu (CRYPTO: SHIB) witnessed an astronomical burn rate jump as the ecosystem's Layer-2 network, Shibarium, marked its first anniversary. What Happened: Shibarium went live on mainnet in August last year, marking a watershed point for the ecosystem in...

The passionate fanbase of the Shiba Inu (CRYPTO: SHIB) ecosystem was up in celebration as the Layer-2 chain Shibarium hit the six-million block milestone ahead of its first anniversary.  What Happened: Lucie, the marketing specialist for the ecosystem, took to X Monday to announce the significant...

Shiba Inu's (CRYPTO: SHIB) burn rate shot up exponentially in the last 24 hours amid a sharp increase in the transactions on the layer-1 blockchain, Shibarium. What Happened: Around 7.7 million SHIB tokens were kicked out of circulation, according to data from Shibburn, marking an astounding 13458....

Shytoshi Kusama, the mysterious lead developer of the Shiba Inu (CRYPTO: SHIB) project, lauded the work of the team instrumental in bringing the ecosystem's decentralized exchange ShibaSwap to the layer-2 network, Shibarium.  What Happened: In a post on social platform X, the pseudonymous...

Shiba Inu (CRYPTO: SHIB), the meme cryptocurrency proclaimed as the ‘Dogecoin (CRYPTO: DOGE) Killer,' saw a drastic decline in its burn rate in the last 24 hours, slowing down the rate at which tokens are pushed out of circulation. What happened: In an X post on Tuesday, Shiba Inu's official burn...

While Shiba Inu (CRYPTO: SHIB) is experiencing a 5% drop in trade amidst the overall decline in the meme coin market, Shibarium's meme coin DAMN (Sol Killer) reported significant gains. What Happened: Shibarium's newly launched meme coin, DAMN, quickly gained attention as one of the hottest coins...

Crypto analyst Ali Martinez has identified a crucial pattern for Shiba Inu (CRYPTO: SHIB) on the coin’s 4-hour chart, suggesting a significant price movement could be imminent, provided it could carry out a “sustained close” above the $0.000038 resistance. What Happened: On Sunday...