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Edward Snowden Issues BTC Comment on Berkshire Hathaway's 99.97% Fall, Australian Spot Bitcoin ETF G
Check out @WISE CRYPTO NEWS 's news digest to stay updated on the latest crypto events!
Edward Snowden delivers iconic #Bitcoin❗ line as Berkshire Hathaway falls 99.97%
Australian spot #BitcoinETF💰💰💰 goes live, here's why it stands out
$SHIB skyrockets 10,990% in this key metric after recent SHIB team warning
@WISE CRYPTO NEWS has prepared the top three news stories over the past day.
Edward Snowden delivers iconic Bitcoin line as Berkshire Hathaway falls 99.97%
On Monday, June 3, the New York Stock Exchange was shaken by a technical issue, which resulted in the A-class shares of Warren Buffet's Berkshire Hathaway appearing to be down by almost 100%. The malfunction led to trading halts in those shares, as well as in Barrick Gold and Nuscale Power. Even though the glitch was quickly fixed and all three stocks resumed trading the same day, the incident did not go unnoticed by the crypto community, with many digital asset enthusiasts taking to social media to remind Warren Buffett of his Bitcoin criticism. Particularly, the businessman called $BTC a “gambling asset” with zero value. However, as was noted by many crypto community members, the top crypto has never witnessed such a dramatic drop, unlike Berkshire Hathaway stock. Joining the army of commentators was Edward Snowden, the infamous whistleblower and advocate for privacy rights; in his X post, Snowden delivered the iconic Bitcoin line "Bitcoin fixes this," potentially implying that he sees the asset as a solution to various technical vulnerabilities.
Australian spot Bitcoin ETF goes live, here's why it stands out
Jan3 CEO and renowned Bitcoin enthusiast Samson Mow took to X to share that Monochrome Asset Management's spot Bitcoin ETF (IBTC) went live on the Cboe Australia exchange. As noted by Mow, this is Australia's first and only ETF holding Bitcoin directly. According to U.Today's previous report, the new spot Bitcoin ETF in Australia is expected to generate inflows of about $1 billion. In a short thread, Samson Mow underlined the unique features of IBTC: first, the Monochrome spot Bitcoin ETF offers global investors direct in-kind creation or redemption, which allows them to directly exchange their #BTC☀ for IBTC and vice versa, globally. Second, Monochrome secured partnerships with lending providers in Australia to make it possible for sophisticated investors to borrow money against their ETF holdings, using IBTC as collateral. In Mow's opinion, borrowing through IBTC might come with a better loan-to-value ratio (LVR) and lower interest rates than traditional pure coin loans.
SHIB skyrockets 10,990% in this key metric after recent SHIB team warning
Data provided by Shibburn website shows that since the morning of June 3, 21,435,658 SHIB tokens were transferred to dead-end wallets, with only two transactions taking place, carrying 21,315,658 and 120,000 SHIB out of circulation. The incineration of such an astonishing amount of meme coins pushed the Shiba Inu burn rate up by 10,990%, which represents a more than 30x increase from the 348% SHIB burn rate surge observed on Monday and reported by Shibburn. Meanwhile, SHIB Discord admin known as DaVinci has recently addressed the #SHIBCommunity with an important alert. He urged SHIB enthusiasts against blindly investing into new projects on the ShibaSwap DEX, even if they claim to be associated with or backed by the SHIB development team. DaVinci also warned that many malefactors are making scam offers to invest in the TREAT token, which has not been launched yet.
#BnbAth
Edward Snowden delivers iconic #Bitcoin❗ line as Berkshire Hathaway falls 99.97%
Australian spot #BitcoinETF💰💰💰 goes live, here's why it stands out
$SHIB skyrockets 10,990% in this key metric after recent SHIB team warning
@WISE CRYPTO NEWS has prepared the top three news stories over the past day.
Edward Snowden delivers iconic Bitcoin line as Berkshire Hathaway falls 99.97%
On Monday, June 3, the New York Stock Exchange was shaken by a technical issue, which resulted in the A-class shares of Warren Buffet's Berkshire Hathaway appearing to be down by almost 100%. The malfunction led to trading halts in those shares, as well as in Barrick Gold and Nuscale Power. Even though the glitch was quickly fixed and all three stocks resumed trading the same day, the incident did not go unnoticed by the crypto community, with many digital asset enthusiasts taking to social media to remind Warren Buffett of his Bitcoin criticism. Particularly, the businessman called $BTC a “gambling asset” with zero value. However, as was noted by many crypto community members, the top crypto has never witnessed such a dramatic drop, unlike Berkshire Hathaway stock. Joining the army of commentators was Edward Snowden, the infamous whistleblower and advocate for privacy rights; in his X post, Snowden delivered the iconic Bitcoin line "Bitcoin fixes this," potentially implying that he sees the asset as a solution to various technical vulnerabilities.
Australian spot Bitcoin ETF goes live, here's why it stands out
Jan3 CEO and renowned Bitcoin enthusiast Samson Mow took to X to share that Monochrome Asset Management's spot Bitcoin ETF (IBTC) went live on the Cboe Australia exchange. As noted by Mow, this is Australia's first and only ETF holding Bitcoin directly. According to U.Today's previous report, the new spot Bitcoin ETF in Australia is expected to generate inflows of about $1 billion. In a short thread, Samson Mow underlined the unique features of IBTC: first, the Monochrome spot Bitcoin ETF offers global investors direct in-kind creation or redemption, which allows them to directly exchange their #BTC☀ for IBTC and vice versa, globally. Second, Monochrome secured partnerships with lending providers in Australia to make it possible for sophisticated investors to borrow money against their ETF holdings, using IBTC as collateral. In Mow's opinion, borrowing through IBTC might come with a better loan-to-value ratio (LVR) and lower interest rates than traditional pure coin loans.
SHIB skyrockets 10,990% in this key metric after recent SHIB team warning
Data provided by Shibburn website shows that since the morning of June 3, 21,435,658 SHIB tokens were transferred to dead-end wallets, with only two transactions taking place, carrying 21,315,658 and 120,000 SHIB out of circulation. The incineration of such an astonishing amount of meme coins pushed the Shiba Inu burn rate up by 10,990%, which represents a more than 30x increase from the 348% SHIB burn rate surge observed on Monday and reported by Shibburn. Meanwhile, SHIB Discord admin known as DaVinci has recently addressed the #SHIBCommunity with an important alert. He urged SHIB enthusiasts against blindly investing into new projects on the ShibaSwap DEX, even if they claim to be associated with or backed by the SHIB development team. DaVinci also warned that many malefactors are making scam offers to invest in the TREAT token, which has not been launched yet.
#BnbAth
Shiba Inu vs. XRP: Which Will Gain More by Christmas 2023?
Shiba Inu (SHIB) and XRP are two of the most popular cryptocurrencies among the top 20 projects. Both assets have given massive returns to early investors. However, which token will make you more money by Christmas 2023? Let’s take a look.
Shiba Inu (SHIB) vs. XRP in 2023
Since the beginning of this year, SHIB’s price has fallen by about 2%. The token, although immensely popular, has struggled to gain momentum despite big launches. The project’s layer-2 network, Shibarium, did not do much to boost the asset’s price, although there was a lot of hype around it. Furthermore, even when the larger crypto market rallied towards the end of October, SHIB struggled to breach the $0.000008 level. Nonetheless, the token is still up 7% over the previous week.
On the other hand, XRP is up by almost 67% since the beginning of this year, compared to SHIB’s 2% drop. Moreover, the token has surged nearly 10% over the previous month. XRP’s bullishness in 2023 could be because a court ruled that the asset is not a security. The ruling may play a significant role in boosting the asset’s desirability among investors.
Which will make more money by Christmas 2023?
According to Changelly, Shiba Inu (SHIB) could reach a price of $0.0000088 by Nov. 29, 2023, a growth of about 11% from current price levels. On the other hand, the platform anticipates XRP to hit a price of $0.60 by Nov. 29, 2023, a growth of about 5% from current price levels.
If SHIB continues its current pattern, it could rise by about 12% from current levels. On the other hand, XRP could surge to around $0.70, a rise of about 22% from its current price. Moreover, XRP has a more stable market than SHIB’s, which gives it a lot of advantages. SHIB has a lot of volatility, and the token has struggled a lot in 2023. Hence, XRP is more likely to make more money by Christmas 2023.
#SHIBCommunity #XRPFuture
Shiba Inu (SHIB) and XRP are two of the most popular cryptocurrencies among the top 20 projects. Both assets have given massive returns to early investors. However, which token will make you more money by Christmas 2023? Let’s take a look.
Shiba Inu (SHIB) vs. XRP in 2023
Since the beginning of this year, SHIB’s price has fallen by about 2%. The token, although immensely popular, has struggled to gain momentum despite big launches. The project’s layer-2 network, Shibarium, did not do much to boost the asset’s price, although there was a lot of hype around it. Furthermore, even when the larger crypto market rallied towards the end of October, SHIB struggled to breach the $0.000008 level. Nonetheless, the token is still up 7% over the previous week.
On the other hand, XRP is up by almost 67% since the beginning of this year, compared to SHIB’s 2% drop. Moreover, the token has surged nearly 10% over the previous month. XRP’s bullishness in 2023 could be because a court ruled that the asset is not a security. The ruling may play a significant role in boosting the asset’s desirability among investors.
Which will make more money by Christmas 2023?
According to Changelly, Shiba Inu (SHIB) could reach a price of $0.0000088 by Nov. 29, 2023, a growth of about 11% from current price levels. On the other hand, the platform anticipates XRP to hit a price of $0.60 by Nov. 29, 2023, a growth of about 5% from current price levels.
If SHIB continues its current pattern, it could rise by about 12% from current levels. On the other hand, XRP could surge to around $0.70, a rise of about 22% from its current price. Moreover, XRP has a more stable market than SHIB’s, which gives it a lot of advantages. SHIB has a lot of volatility, and the token has struggled a lot in 2023. Hence, XRP is more likely to make more money by Christmas 2023.
#SHIBCommunity #XRPFuture
Shiba Inu (SHIB) Presses Reset Button, Sees Positive Return
Bulls in Shiba Inu (SHIB) are cooling off following a somewhat eventful week that witnessed a 6.93% increase in the meme coin's price. Some of its most recent gains are currently being cut back, indicating a situation where market makers are taking profits, a pattern that many feel is required for a positive comeback.
Shiba Inu has had its first daily loss of the week, down $0.000008196 according to the most recent market data. There has been very little trading activity, with only $173,150,418 transacted on spot markets to far; this represents a decline of 18.41%. Given that many customers would view the reduced cost as a way to stack up with a discount, the likelihood that Shiba Inu will record another growth run is strong even in the face of declining metrics.
Despite the recent sell-offs, Shiba Inu's social trends are still favorable because the token has a score of 66 on the Fear and Greed Index, indicating that greed is still a key factor driving investors' interest. This greed can support any significant catalyst that the SHIB community is hoping will spark the community's future the second coming.
Moreover, Shiba Inu markets itself as one of the most deflationary cryptocurrency initiatives available. The protocol's burn rate increased by more than 12,800% earlier this week when millions of SHIB were delivered to inactive wallets, increasing the amount of the meme coin that is in circulation.
These optimistic patterns will undoubtedly serve as the impetus needed to propel SHIB over its unsettling low and onto new heights.
#SHIBCommunity #ShibaInuPriceForecast #ShibaInuRevolution #ShibariumBlockchain #btcnews99
Bulls in Shiba Inu (SHIB) are cooling off following a somewhat eventful week that witnessed a 6.93% increase in the meme coin's price. Some of its most recent gains are currently being cut back, indicating a situation where market makers are taking profits, a pattern that many feel is required for a positive comeback.
Shiba Inu has had its first daily loss of the week, down $0.000008196 according to the most recent market data. There has been very little trading activity, with only $173,150,418 transacted on spot markets to far; this represents a decline of 18.41%. Given that many customers would view the reduced cost as a way to stack up with a discount, the likelihood that Shiba Inu will record another growth run is strong even in the face of declining metrics.
Despite the recent sell-offs, Shiba Inu's social trends are still favorable because the token has a score of 66 on the Fear and Greed Index, indicating that greed is still a key factor driving investors' interest. This greed can support any significant catalyst that the SHIB community is hoping will spark the community's future the second coming.
Moreover, Shiba Inu markets itself as one of the most deflationary cryptocurrency initiatives available. The protocol's burn rate increased by more than 12,800% earlier this week when millions of SHIB were delivered to inactive wallets, increasing the amount of the meme coin that is in circulation.
These optimistic patterns will undoubtedly serve as the impetus needed to propel SHIB over its unsettling low and onto new heights.
#SHIBCommunity #ShibaInuPriceForecast #ShibaInuRevolution #ShibariumBlockchain #btcnews99
Shiba Inu: Here’s How to Make $10 Million When it Reaches $0.01
Many early investors of Shiba Inu (SHIB) have turned small investments into millions. One investor in particular made a whopping $5.7 billion from an $8,000 investment. This has led to many raising the question if such a feat is still possible with the popular dog-themed memecoin.
If SHIB were to reach a price of $0.01, an investor would need 1 billion tokens for them to be worth $10 million in total. The price of 1 billion tokens at current price levels is about $6,950. If SHIB reaches its “one-cent dream,” the investment would grow by an eye-watering 143784.89%.
In fact, if SHIB reaches $0.01, an investor would only need 100 million Shiba Inu (SHIB) tokens to become a millionaire. The price of 100 million tokens at current price levels is about $695.
Can Shiba Inu reach $0.01 anytime soon?
According to Changelly, SHIB won’t reach its “one-cent dream” even by the end of this decade. However, the SHIB team is working on new ventures to further increase adoption, while also increasing burns.
SHIB has recently released its Shibarium layer-2 blockchain. Although the launch did not push prices as many expected, many anticipate that it will help SHIB’s price in the long run. As developers build on the new platform, more investors and users may eventually come on board. With more real-world use cases, SHIB could see a large inflow of new users. Moreover, the more people use the Shibarium network, the higher the number of tokens that will be burned.
Moreover, the team is also working on a new burn mechanism. This new burn mechanism is rumored to burn trillions of tokens every year. An increase and burns and adoption, according to lead developer Shytoshi Kusama, will eventually help boost Shiba Inu’s (SHIB) price.
#SHIBCommunity #ShibaInuPriceForecast
Many early investors of Shiba Inu (SHIB) have turned small investments into millions. One investor in particular made a whopping $5.7 billion from an $8,000 investment. This has led to many raising the question if such a feat is still possible with the popular dog-themed memecoin.
If SHIB were to reach a price of $0.01, an investor would need 1 billion tokens for them to be worth $10 million in total. The price of 1 billion tokens at current price levels is about $6,950. If SHIB reaches its “one-cent dream,” the investment would grow by an eye-watering 143784.89%.
In fact, if SHIB reaches $0.01, an investor would only need 100 million Shiba Inu (SHIB) tokens to become a millionaire. The price of 100 million tokens at current price levels is about $695.
Can Shiba Inu reach $0.01 anytime soon?
According to Changelly, SHIB won’t reach its “one-cent dream” even by the end of this decade. However, the SHIB team is working on new ventures to further increase adoption, while also increasing burns.
SHIB has recently released its Shibarium layer-2 blockchain. Although the launch did not push prices as many expected, many anticipate that it will help SHIB’s price in the long run. As developers build on the new platform, more investors and users may eventually come on board. With more real-world use cases, SHIB could see a large inflow of new users. Moreover, the more people use the Shibarium network, the higher the number of tokens that will be burned.
Moreover, the team is also working on a new burn mechanism. This new burn mechanism is rumored to burn trillions of tokens every year. An increase and burns and adoption, according to lead developer Shytoshi Kusama, will eventually help boost Shiba Inu’s (SHIB) price.
#SHIBCommunity #ShibaInuPriceForecast
🚀 SHIB Burn Rate Plunges 60% Amid Shiba Inu Price Rally🔥
💎Shiba Inu, the self-proclaimed dogecoin killer is once again creating a buzz in the crypto realm as the SHIB price is rallying.
Shiba Inu, an Ethereum-based altcoin, is once again gaining significant traction in the world of cryptocurrencies as the coin is witnessing a price surge as of today, November 11.
Subsequently, as of writing, the Shiba Inu burn rate witnessed a substantial decrease and caught the eyes of crypto enthusiasts globally.
However, over the past few days, broader markets revolving around the Shiba Inu coin showcased a bullish sentient following the Shiba crypto community’s recent efforts to build up support for the token.
Shiba Inu Burn Report
According to the recent data unveiled by Shibburn, the coin’s burn rate witnessed a significant plunge of 62.21% over the past twenty-four hours. While writing, over 46.14 million SHIB tokens were burnt over the past day, undermining yesterday’s burn report.
Furthermore, over 410 trillion SHIB tokens have been burnt from the initial supply following efforts by the Shiba community to jack up the SHIB tokenomics.
The burning of Shiba Inu primarily aims to induce scarcity, elevating the value of the remaining tokens. Through diminishing the circulating supply, the burn rate seeks to mitigate potential inflationary effects linked to increased token minting or distribution.
At the time of writing, the SHIB price witnessed a surge of 8.55% over the past twenty-four hours, reaching $0.000009052. Moreover, the weekly price experienced a substantial surge of 15.12%, with the overall trading volume increasing by 23%, reaching 347 million as of today.
The aforementioned price surge seems to come in alignment with the recent burning of colossal amounts of SHIB tokens, resulting in a significant reduction in the amount of tokens supplied. Notably, over the past seven days, 361.81 million tokens were burnt from its supply.
Disclaimer:This article just for education not financial advise
#SHIBCommunity #ShibaInuMystery
$SHIB
$DOGE
💎Shiba Inu, the self-proclaimed dogecoin killer is once again creating a buzz in the crypto realm as the SHIB price is rallying.
Shiba Inu, an Ethereum-based altcoin, is once again gaining significant traction in the world of cryptocurrencies as the coin is witnessing a price surge as of today, November 11.
Subsequently, as of writing, the Shiba Inu burn rate witnessed a substantial decrease and caught the eyes of crypto enthusiasts globally.
However, over the past few days, broader markets revolving around the Shiba Inu coin showcased a bullish sentient following the Shiba crypto community’s recent efforts to build up support for the token.
Shiba Inu Burn Report
According to the recent data unveiled by Shibburn, the coin’s burn rate witnessed a significant plunge of 62.21% over the past twenty-four hours. While writing, over 46.14 million SHIB tokens were burnt over the past day, undermining yesterday’s burn report.
Furthermore, over 410 trillion SHIB tokens have been burnt from the initial supply following efforts by the Shiba community to jack up the SHIB tokenomics.
The burning of Shiba Inu primarily aims to induce scarcity, elevating the value of the remaining tokens. Through diminishing the circulating supply, the burn rate seeks to mitigate potential inflationary effects linked to increased token minting or distribution.
At the time of writing, the SHIB price witnessed a surge of 8.55% over the past twenty-four hours, reaching $0.000009052. Moreover, the weekly price experienced a substantial surge of 15.12%, with the overall trading volume increasing by 23%, reaching 347 million as of today.
The aforementioned price surge seems to come in alignment with the recent burning of colossal amounts of SHIB tokens, resulting in a significant reduction in the amount of tokens supplied. Notably, over the past seven days, 361.81 million tokens were burnt from its supply.
Disclaimer:This article just for education not financial advise
#SHIBCommunity #ShibaInuMystery
$SHIB
$DOGE
TIA, THE NEW LISTING ON BINANCE
Binance, one of the world’s largest cryptocurrency exchanges, has recently welcomed a new listing on its platform – TIA. TIA, short for Token of Intelligence and Analysis, is a promising project that aims to revolutionize the way data is collected and analyzed in various industries.#tia TIA offers a decentralized data marketplace that connects data providers and buyers. The platform utilizes blockchain technology to ensure transparency and security in data transactions. With TIA, businesses and organizations can access high-quality data that can fuel their decision-making processes and enhance their operations.#tia One of the unique aspects of TIA is its intelligence and analysis capabilities. The platform employs artificial intelligence and machine learning algorithms to analyze data and provide valuable insights. This feature is especially beneficial for industries that heavily rely on data, such as finance, healthcare, and marketing. TIA can help businesses gain a competitive edge by providing them with actionable information and predictions.The listing of TIA on Binance is significant for both the project and the exchange. Binance is known for its rigorous listing process and commitment to listing only high-quality projects. Being listed on Binance not only provides TIA with increased visibility but also signals to the cryptocurrency community that it has passed Binance's strict criteria.For investors, the listing of TIA on Binance presents an opportunity to invest in a promising project with strong potential for growth. Binance is a trusted platform among cryptocurrency enthusiasts, and its endorsement of TIA lends credibility to the project. This increased visibility and credibility can attract more investors, potentially driving up the value of TIA tokens.Furthermore, being listed on Binance allows TIA to tap into the large user base of the exchange. Binance has millions of users worldwide, and these users will now have the opportunity to trade TIA tokens easily. This increased accessibility can bring more liquidity to the TIA market and improve the overall trading experience for investors.The listing on Binance also signifies a vote of confidence in the team behind TIA. Binance conducts thorough due diligence before listing a project, ensuring that the team has a solid roadmap, competent leadership, and a clear vision for the future of the project. The fact that TIA has met these criteria further strengthens its position as a credible and reliable project.In conclusion, the listing of TIA on Binance is a significant development for both the project and the exchange. TIA offers a unique solution to the challenges of data collection and analysis, utilizing blockchain technology and artificial intelligence. The listing on Binance provides TIA with increased visibility, credibility, and liquidity, while giving investors an opportunity to participate in a promising project. As TIA continues to innovate and grow, it has the potential to make a meaningful impact in various industries by providing intelligent data insights.#SHIBCommunity $TIA
Hello #Binance Community,
whats dose mean "9GAG"? Anyone can explain it???
#MemeCoinMagic
#SHIBCommunity
#FLOKI-3.17%
#PEPE🔥🔥
whats dose mean "9GAG"? Anyone can explain it???
#MemeCoinMagic
#SHIBCommunity
#FLOKI-3.17%
#PEPE🔥🔥
SBI VC Trade Has Special Announcement For Shiba Inu (SHIB) and Dogecoin (DOGE) Holders
In an exciting development for the Japanese crypto community, SBI VC Trade, the crypto exchange division of the SBI Group, has announced a special campaign to celebrate Kabosu-chan’s birthday, the beloved internet personality who inspired the popular Shiba Inu and Dogecoin cryptocurrencies.
The campaign aims to engage crypto enthusiasts and provide them with an opportunity to win Shiba Inu (SHIB) tokens.
Kabosu-chan, an adorable Shiba Inu dog, captured the hearts of millions around the world, leading to the creation of the Shiba Inu token and even contributing to the rise of Dogecoin (DOGE).
The campaign, which was announced through a statement on the X platform and the official SBI VC Trade blog, invites Japanese crypto enthusiasts to participate and earn cryptocurrencies inspired by Kabosu-chan. The company has provided specific details about the promotion, ensuring that participants are well-informed.
Shiba Inu (SHIB) and Dogecoin (DOGE) Campaign
According to the announcement, SBI VC Trade users can actively engage in Shiba Inu and Dogecoin transactions while also taking part in a coin lending initiative. This multi-faceted campaign offers participants several avenues to explore within the crypto space.
To make the campaign even more enticing, participants have the opportunity to earn rewards for purchasing SHIB and DOGE during the campaign period. The eligibility criteria for these rewards are as follows:
Individuals who enter into a contract to purchase SHIB with a value of 50,000 yen or more during the campaign period.Individuals who do the same for DOGE.
Participants meeting these requirements will receive rewards proportional to their purchases. For SHIB transactions, qualifying customers will receive an amount equivalent to 1% of their Shiba Inu purchase contract price in SHIB tokens. The same 1% commission applies to Dogecoin transactions, ensuring fairness and consistency.
In addition to the rewards, SBI VC Trade has a surprise for customers who open a new account as part of the campaign. These individuals will receive a special gift of “Kabosu fruit juice,” a delightful gesture that adds to the celebratory atmosphere of the campaign.
The campaign, running from November 2nd to December 1st, 2023, presents a limited-time opportunity for Japanese crypto enthusiasts to celebrate Kabosu-chan’s birthday while potentially earning exciting rewards in the form of SHIB and DOGE tokens.
The campaign not only commemorates the iconic Kabosu-chan but also highlights the significance of cryptocurrencies in our digital age.
Make sure to mark your calendars and take part in this special campaign brought to you by SBI VC Trade. Join the festivities surrounding the influential Kabosu-chan and her impact on the crypto world.
Disclaimer:
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#SHIBCommunity #DOGEProjections $SHIB $DOGE
The campaign aims to engage crypto enthusiasts and provide them with an opportunity to win Shiba Inu (SHIB) tokens.
Kabosu-chan, an adorable Shiba Inu dog, captured the hearts of millions around the world, leading to the creation of the Shiba Inu token and even contributing to the rise of Dogecoin (DOGE).
The campaign, which was announced through a statement on the X platform and the official SBI VC Trade blog, invites Japanese crypto enthusiasts to participate and earn cryptocurrencies inspired by Kabosu-chan. The company has provided specific details about the promotion, ensuring that participants are well-informed.
Shiba Inu (SHIB) and Dogecoin (DOGE) Campaign
According to the announcement, SBI VC Trade users can actively engage in Shiba Inu and Dogecoin transactions while also taking part in a coin lending initiative. This multi-faceted campaign offers participants several avenues to explore within the crypto space.
To make the campaign even more enticing, participants have the opportunity to earn rewards for purchasing SHIB and DOGE during the campaign period. The eligibility criteria for these rewards are as follows:
Individuals who enter into a contract to purchase SHIB with a value of 50,000 yen or more during the campaign period.Individuals who do the same for DOGE.
Participants meeting these requirements will receive rewards proportional to their purchases. For SHIB transactions, qualifying customers will receive an amount equivalent to 1% of their Shiba Inu purchase contract price in SHIB tokens. The same 1% commission applies to Dogecoin transactions, ensuring fairness and consistency.
In addition to the rewards, SBI VC Trade has a surprise for customers who open a new account as part of the campaign. These individuals will receive a special gift of “Kabosu fruit juice,” a delightful gesture that adds to the celebratory atmosphere of the campaign.
The campaign, running from November 2nd to December 1st, 2023, presents a limited-time opportunity for Japanese crypto enthusiasts to celebrate Kabosu-chan’s birthday while potentially earning exciting rewards in the form of SHIB and DOGE tokens.
The campaign not only commemorates the iconic Kabosu-chan but also highlights the significance of cryptocurrencies in our digital age.
Make sure to mark your calendars and take part in this special campaign brought to you by SBI VC Trade. Join the festivities surrounding the influential Kabosu-chan and her impact on the crypto world.
Disclaimer:
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#SHIBCommunity #DOGEProjections $SHIB $DOGE
Shiba Inu Good news: prices are expected to keep going up
The progress of the layer-2 network #Shibarium remains noteworthy, as indicated by recent developments within the ecosystem. These recent advancements have further rekindled optimistic attitudes among the Shiba Inu community, as members anticipate a positive trend in the token's trajectory. $SHIB
The Resilience of Shibarium
Shibarium has demonstrated significant progress subsequent to its initial unsuccessful debut. The network has lately introduced its name service, offering customers a more convenient and streamlined method for doing transactions within the network.
The network has garnered significant attention and practicality, as seen by the recent announcement from node vendor NOW Nodes, which identified Shibarium as one of the top-performing networks within their ecosystem.
As per their statement, they have successfully handled more than 66 million queries to Shibarium since the initiation of shared access to the Shibarium RPC full nodes in September. In addition, they emphasized their intentions to integrate Shibarium into prominent cryptocurrency exchanges and digital wallets.
As an integral component of these strategic initiatives, the subsequent phase entails identifying liquidity providers that will facilitate the seamless integration of Shibarium into various exchanges and wallets. An example of such an exchange is GroveX, a company established in Australia, which has disclosed its ongoing efforts to incorporate the network into its platform.
In the meanwhile, there is a persistent upward trend in on-chain activity inside the network. Based on the data obtained from the network explorer Shibariumscan, it can be observed that the network is approaching the milestone of processing four million transactions. Currently, Shibarium is observing a daily average of 14,000 transactions.
Based on available evidence, it is evident that the network's crew is diligently working towards achieving their goals. This aligns with the perspective of Shytoshi Kusama, the primary developer of Shiba Inu, who emphasized the importance of such efforts in order to witness a substantial rise in the price of SHIB, as desired by the community members.
Nevertheless, the incorporation of Shibarium into the decentralized wallet has not been officially verified, since there has been no comment published by the wallet provider about this matter. Additionally, at the time of writing, it appears that Shibarium is not supported on the wallet.
In January of the current year, Atomic made a statement regarding their intention to provide support for Shibarium with the introduction of the layer 2 network. However, no more communication has been made about this matter subsequent to the aforementioned announcement.
If ultimately verified, such information will unquestionably have a positive impact on the ecosystem. The implementation of this action has the potential to facilitate the integration of Atomic's user base, which exceeds 5 million registered users, into the network. Consequently, this might lead to a subsequent surge in the demand for the ecosystem's utility tokens.
According to data sourced from CoinMarketCap, the current trade value of SHIB is at around $0.000007893, reflecting a positive increase of more than 2% throughout the past 24 hours.
#SHIBCommunity #crypto2023
The Resilience of Shibarium
Shibarium has demonstrated significant progress subsequent to its initial unsuccessful debut. The network has lately introduced its name service, offering customers a more convenient and streamlined method for doing transactions within the network.
The network has garnered significant attention and practicality, as seen by the recent announcement from node vendor NOW Nodes, which identified Shibarium as one of the top-performing networks within their ecosystem.
As per their statement, they have successfully handled more than 66 million queries to Shibarium since the initiation of shared access to the Shibarium RPC full nodes in September. In addition, they emphasized their intentions to integrate Shibarium into prominent cryptocurrency exchanges and digital wallets.
As an integral component of these strategic initiatives, the subsequent phase entails identifying liquidity providers that will facilitate the seamless integration of Shibarium into various exchanges and wallets. An example of such an exchange is GroveX, a company established in Australia, which has disclosed its ongoing efforts to incorporate the network into its platform.
In the meanwhile, there is a persistent upward trend in on-chain activity inside the network. Based on the data obtained from the network explorer Shibariumscan, it can be observed that the network is approaching the milestone of processing four million transactions. Currently, Shibarium is observing a daily average of 14,000 transactions.
Based on available evidence, it is evident that the network's crew is diligently working towards achieving their goals. This aligns with the perspective of Shytoshi Kusama, the primary developer of Shiba Inu, who emphasized the importance of such efforts in order to witness a substantial rise in the price of SHIB, as desired by the community members.
Nevertheless, the incorporation of Shibarium into the decentralized wallet has not been officially verified, since there has been no comment published by the wallet provider about this matter. Additionally, at the time of writing, it appears that Shibarium is not supported on the wallet.
In January of the current year, Atomic made a statement regarding their intention to provide support for Shibarium with the introduction of the layer 2 network. However, no more communication has been made about this matter subsequent to the aforementioned announcement.
If ultimately verified, such information will unquestionably have a positive impact on the ecosystem. The implementation of this action has the potential to facilitate the integration of Atomic's user base, which exceeds 5 million registered users, into the network. Consequently, this might lead to a subsequent surge in the demand for the ecosystem's utility tokens.
According to data sourced from CoinMarketCap, the current trade value of SHIB is at around $0.000007893, reflecting a positive increase of more than 2% throughout the past 24 hours.
#SHIBCommunity #crypto2023
"Poloniex Faces Massive 577 Billion Shiba Inu Token Theft in Unprecedented Cyber Hit"
Attackers behind the Poloniex heist stole a whopping 577 billion Shiba Inu tokens and other crypto assets from the exchange.
Read more on: https://thecryptobasic.com/2023/11/11/577-billion-shiba-inu-tokens-stolen-from-poloniex-exchange/
#SHIBs #Shiba.Inu #SHIBCommunity #Crypto #CryptoNews🔒📰🚫
Read more on: https://thecryptobasic.com/2023/11/11/577-billion-shiba-inu-tokens-stolen-from-poloniex-exchange/
#SHIBs #Shiba.Inu #SHIBCommunity #Crypto #CryptoNews🔒📰🚫
🚀 𝗦𝗵𝗶𝗯𝗮 𝗜𝗻𝘂: 𝗖𝗮𝗻 𝗧𝗵𝗲𝘀𝗲 𝗙𝗶𝘃𝗲 𝗣𝗿𝗼𝗷𝗲𝗰𝘁𝘀 𝗣𝘂𝘀𝗵 𝗦𝗛𝗜𝗕'𝘀 𝗣𝗿𝗶𝗰𝗲 𝘁𝗼 $𝟬.𝟬𝟭? 🐕💎
Lucie, the influential voice in the SHIB community, unveils five game-changing projects in the pipeline:
1️⃣ Bone Contract Renouncing: Market-focused move! BONE becoming fully trustless and transparent, shaking up the market dynamics.
2️⃣ Shibaswap 2.0: A major upgrade on the horizon, enhancing the SHIB trading experience.
3️⃣ STREAT: A tantalizing venture that adds another layer of utility to the SHIB ecosystem.
4️⃣ Shibahub: Connecting the SHIB community seamlessly, fostering collaboration and growth.
5️⃣ Metaverse: Unveiling new dimensions in the SHIB world – a futuristic leap!
🚀 When? When it's Ready! No rushed promises, just a commitment to excellence.
🌐 Lucie emphasizes: "No wild moons promised! We're talking about technology separate from the market." 🚀
📈 While SHIB is currently at $0.000007, these developments signify long-term growth potential. Let's spread positive vibes and witness the SHIB ecosystem flourish! 🚀🌕
NFA DYOR 🤝
$SHIB #ShibaInuUpdate #ShibaSurge #SHIBCommunity
Lucie, the influential voice in the SHIB community, unveils five game-changing projects in the pipeline:
1️⃣ Bone Contract Renouncing: Market-focused move! BONE becoming fully trustless and transparent, shaking up the market dynamics.
2️⃣ Shibaswap 2.0: A major upgrade on the horizon, enhancing the SHIB trading experience.
3️⃣ STREAT: A tantalizing venture that adds another layer of utility to the SHIB ecosystem.
4️⃣ Shibahub: Connecting the SHIB community seamlessly, fostering collaboration and growth.
5️⃣ Metaverse: Unveiling new dimensions in the SHIB world – a futuristic leap!
🚀 When? When it's Ready! No rushed promises, just a commitment to excellence.
🌐 Lucie emphasizes: "No wild moons promised! We're talking about technology separate from the market." 🚀
📈 While SHIB is currently at $0.000007, these developments signify long-term growth potential. Let's spread positive vibes and witness the SHIB ecosystem flourish! 🚀🌕
NFA DYOR 🤝
$SHIB #ShibaInuUpdate #ShibaSurge #SHIBCommunity
🚀💰 Dive into the $SHIB Millionaire Club! 💰🚀
Breaking News: SHIB Millionaires Unleashed! Early investors turned $1000 into a jaw-dropping $6.66 million in November 2023! 🌟
#SHIBCommunity
Breaking News: SHIB Millionaires Unleashed! Early investors turned $1000 into a jaw-dropping $6.66 million in November 2023! 🌟
#SHIBCommunity
🔐🚀 Exciting News Alert: Shiba Inu Unleashes Revolutionary Identity System! 🚀🔐
In a game-changing revelation, the developers of Shiba Inu have just dropped a bombshell that's set to rock the entire SHIB community to its core!
🌐 The Shiba Inu team is on the cusp of launching a non-custodial identity system on the Shiba Blockchain network, and they've deemed it a historic moment for the ecosystem.
This announcement is the second thunderclap of excitement within the community, right after the remarkable Shibarium platform, Shiba Inu's powerful layer-2 solution. 🌩️🔗
Earlier this year, the Shiba team pledged to integrate a groundbreaking Blockchain-based digital identity system, known as Self Sovereign Identity (SSI), into every project in the Shiba Inu ecosystem.
And now, the wait is almost over! The Shiba unattended identification system is about to come to life, and the countdown has begun. 🚀🕒
But wait, there's a twist! While we know the system's about to launch, the nitty-gritty details are still shrouded in mystery. Don't worry, though; the big reveal is just around the corner. 🌟
Mark your calendars for Wednesday, November 1, when a comprehensive explanation of how you can harness the incredible SHIB identity system will be unleashed upon the world. 📅🚀
Kaal Dhairya, one of Shiba Inu's brilliant developers, hails this identity system as a revolution poised to send shockwaves throughout the entire crypto industry! 🤖💼🌎 #ShibaInu #SSI #BlockchainIdentity #CryptoInnovation #SHIBCommunity 🌐🔐🌩️🚀🕒📅🌟🤖💼
$SHIB
In a game-changing revelation, the developers of Shiba Inu have just dropped a bombshell that's set to rock the entire SHIB community to its core!
🌐 The Shiba Inu team is on the cusp of launching a non-custodial identity system on the Shiba Blockchain network, and they've deemed it a historic moment for the ecosystem.
This announcement is the second thunderclap of excitement within the community, right after the remarkable Shibarium platform, Shiba Inu's powerful layer-2 solution. 🌩️🔗
Earlier this year, the Shiba team pledged to integrate a groundbreaking Blockchain-based digital identity system, known as Self Sovereign Identity (SSI), into every project in the Shiba Inu ecosystem.
And now, the wait is almost over! The Shiba unattended identification system is about to come to life, and the countdown has begun. 🚀🕒
But wait, there's a twist! While we know the system's about to launch, the nitty-gritty details are still shrouded in mystery. Don't worry, though; the big reveal is just around the corner. 🌟
Mark your calendars for Wednesday, November 1, when a comprehensive explanation of how you can harness the incredible SHIB identity system will be unleashed upon the world. 📅🚀
Kaal Dhairya, one of Shiba Inu's brilliant developers, hails this identity system as a revolution poised to send shockwaves throughout the entire crypto industry! 🤖💼🌎 #ShibaInu #SSI #BlockchainIdentity #CryptoInnovation #SHIBCommunity 🌐🔐🌩️🚀🕒📅🌟🤖💼
$SHIB
Shiba Ino introduced the Shiba Name Service (SNS) in Shibarium
The developers of Shiba Inu deployed the Shiba Name Service (SNS) in the second layer of Shibarium .According to Valx and quoted by dailycoin, on the last day of October 2023, when the developers unveiled the first part of the SHIBDentity system, a new era began in the second layer network of Shiba Ino, Shibarium. The Shiba Name Service (SNS) is designed to help users leave complex addresses on the blockchain.Shibarium's second layer scaling solution brings a transformative innovation with easily readable addresses on the blockchain. But these addresses also play a role in finalizing a larger plan to create a complete, decentralized digital identity through verifiable credentials.SNS is made available to users through name.shib.io. For example, getting an address named Wallex.SHIB currently costs 20 Shibaswap Bones (BONE). Shibarium's official gas token is used to buy these addresses. At the same time, users can use different Web3 wallets, including Coinbase, Metamsk, TrustVault, and Rainbow, to get their domain.Kusama reveals the main features of SHIBDentityThe general characteristics of SHIBDentity The Shiba Ino ecosystem revolves around several key axes:Self-trusted authentication via Web 3 : This removes the need for user identification via traditional or Web 2 methods, meaning they regain control of their data.Decentralized and Verifiable Credentials : In SHIBDentity, credentials are stored directly as such, not in a company-owned database.W3C Standard Compliance : Creating a Web Consortium for Global Standards for Autonomous Identities. This enables cooperation between autonomous identities in different applications.SHIBDentity Karma System : The built-in trust system allows network members to organically build trust on the blockchain without relying on personal connections.It's on the coin!Shiba Token developers' ambitions for its Super App could challenge Elon Musk's Platform X , as the concept is exactly that of an all-in-one digital identity-based app.However, Shiba Inu plans to combine decentralized autonomous organizations (DAOs) and encrypted messaging in order to eliminate intermediaries#SHIBCommunity #etf #BTC $SHIB $XRP $DOGE
Shiba Inu Lead Developer Addresses Concerns Regarding SHIB Burn
In a recent Telegram chat, Shytoshi Kusama, the lead developer of Shiba Inu, addressed concerns surrounding the burning of SHIB tokens. Kusama reiterated that the burns will only occur through increased utility and widespread adoption.
According to Kusama, the key to SHIB burns lies in the utility and practical application of the token. “BURNS will only come through utility and use,” Kusama emphasized during the Telegram chat, which was shared by Shiba Inu marketing specialist Lucie.
This statement from Kusama comes at a time when many Shiba Inu enthusiasts are calling for more burns. However, Kusama made it clear that the primary focus of the team is to build utility and adoption for Shiba Inu, rather than solely burning tokens. “So I focus on use and put burns in,” Kusama added.
Combatting Fear, Uncertainty, and Doubts (FUDs)
Kusama also addressed the negative impact caused by individuals spreading Fear, Uncertainty, and Doubts (FUDs) about Shiba Inu. He pointed out that these malicious reports and attacks drive users away and hinder the adoption of Shiba Inu projects.
“FUD attackers are driving users away with malicious reports. They are driving down adoption. This is why we focus on utility. If we have utility, we will have adoption,” Kusama explained.
These remarks from Kusama align with the views of many other cryptocurrency experts who believe that utility is crucial for the long-term success of any digital asset.
SHIB Burns: A Recap
To date, the total number of SHIB tokens burned stands at an impressive 410.66 trillion. The majority of these burns occurred in May 2021 when Ethereum co-founder Vitalik Buterin burned a significant amount of SHIB tokens.
Additionally, other Shiba Inu enthusiasts have voluntarily contributed to the burn program by sending SHIB tokens to a designated dead wallet. However, the rate of burns has slowed down in recent months.
Long-Term Focus on Shiba Inu (SHIB) Utility and Adoption
Shytoshi Kusama’s recent statements indicate that the Shiba Inu team is prioritizing the development of utility and adoption for the project, rather than solely focusing on token burns. This approach showcases a positive outlook for Shiba Inu, as it suggests a long-term strategy.
However, it is important to note that building utility and adoption takes time. Therefore, a significant increase in SHIB burns may not be immediate. Nevertheless, successful implementation of utility and widespread adoption could potentially lead to substantial price appreciation for SHIB in the future.
Disclaimer:
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#SHIBCommunity #Shib $SHIB
According to Kusama, the key to SHIB burns lies in the utility and practical application of the token. “BURNS will only come through utility and use,” Kusama emphasized during the Telegram chat, which was shared by Shiba Inu marketing specialist Lucie.
This statement from Kusama comes at a time when many Shiba Inu enthusiasts are calling for more burns. However, Kusama made it clear that the primary focus of the team is to build utility and adoption for Shiba Inu, rather than solely burning tokens. “So I focus on use and put burns in,” Kusama added.
Combatting Fear, Uncertainty, and Doubts (FUDs)
Kusama also addressed the negative impact caused by individuals spreading Fear, Uncertainty, and Doubts (FUDs) about Shiba Inu. He pointed out that these malicious reports and attacks drive users away and hinder the adoption of Shiba Inu projects.
“FUD attackers are driving users away with malicious reports. They are driving down adoption. This is why we focus on utility. If we have utility, we will have adoption,” Kusama explained.
These remarks from Kusama align with the views of many other cryptocurrency experts who believe that utility is crucial for the long-term success of any digital asset.
SHIB Burns: A Recap
To date, the total number of SHIB tokens burned stands at an impressive 410.66 trillion. The majority of these burns occurred in May 2021 when Ethereum co-founder Vitalik Buterin burned a significant amount of SHIB tokens.
Additionally, other Shiba Inu enthusiasts have voluntarily contributed to the burn program by sending SHIB tokens to a designated dead wallet. However, the rate of burns has slowed down in recent months.
Long-Term Focus on Shiba Inu (SHIB) Utility and Adoption
Shytoshi Kusama’s recent statements indicate that the Shiba Inu team is prioritizing the development of utility and adoption for the project, rather than solely focusing on token burns. This approach showcases a positive outlook for Shiba Inu, as it suggests a long-term strategy.
However, it is important to note that building utility and adoption takes time. Therefore, a significant increase in SHIB burns may not be immediate. Nevertheless, successful implementation of utility and widespread adoption could potentially lead to substantial price appreciation for SHIB in the future.
Disclaimer:
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#SHIBCommunity #Shib $SHIB
#SHIBCommunity Shiba Inu: Shib Name Service and the Future of SNS
The founder of Shiba Inu (SHIB), Shytoshi Kusama, announced the launch of Shib Name Service. Although the announcement on October 31st caught investors’ attention, it seems to have had little impact for now.
The Future of Shiba Inu
To briefly explain SNS, it can be defined as a decentralized service that helps users convert their Shibarium wallets into readable addresses. Kusama describes it as follows:
Now you won’t have to navigate through complex Shibarium addresses. Instead, you can send tokens to your friends and contacts using unique Shib names. For example, instead of a long and confusing wallet address like 0xCD4C526E9981d690472d1cB85F2ddf08451C4673, you can send tokens to “bob.shib”.
The founder of Shiba Inu (SHIB), Shytoshi Kusama, announced the launch of Shib Name Service. Although the announcement on October 31st caught investors’ attention, it seems to have had little impact for now.
The Future of Shiba Inu
To briefly explain SNS, it can be defined as a decentralized service that helps users convert their Shibarium wallets into readable addresses. Kusama describes it as follows:
Now you won’t have to navigate through complex Shibarium addresses. Instead, you can send tokens to your friends and contacts using unique Shib names. For example, instead of a long and confusing wallet address like 0xCD4C526E9981d690472d1cB85F2ddf08451C4673, you can send tokens to “bob.shib”.
🔥 𝗦𝗛𝗜𝗕 𝗕𝘂𝗿𝗻𝘀 𝗦𝗼𝗮𝗿 𝗡𝗲𝗮𝗿𝗹𝘆 𝟭,𝟰𝟬𝟬%! 🚀
In a stunning turn of events, the Shiba Inu community has set ablaze a massive 115 million SHIB tokens, with a jaw-dropping 100 million burned in a single transfer! 📉💰
Shibburn platform has ignited this incredible surge in SHIB burn rate, making these coins disappear into the abyss of unspendable wallets. The goal? To make SHIB even scarcer, potentially paving the way for a significant price surge in the future. 🚀💎
And that's not all! 🌌 The Shibarium Layer-2 solution has hit a new milestone, with its utility continuously on the rise. 📈
Incredible stats:
🔥 SHIB burn rate up by 1359.82% in just 24 hours!
📊 Over 115 million SHIB removed from circulation!
🚀 Second biggest burn rate jump this week!
Stay tuned for the exciting journey of SHIB and Shibarium! 🚀💫
$SHIB #SHIBCommunity
In a stunning turn of events, the Shiba Inu community has set ablaze a massive 115 million SHIB tokens, with a jaw-dropping 100 million burned in a single transfer! 📉💰
Shibburn platform has ignited this incredible surge in SHIB burn rate, making these coins disappear into the abyss of unspendable wallets. The goal? To make SHIB even scarcer, potentially paving the way for a significant price surge in the future. 🚀💎
And that's not all! 🌌 The Shibarium Layer-2 solution has hit a new milestone, with its utility continuously on the rise. 📈
Incredible stats:
🔥 SHIB burn rate up by 1359.82% in just 24 hours!
📊 Over 115 million SHIB removed from circulation!
🚀 Second biggest burn rate jump this week!
Stay tuned for the exciting journey of SHIB and Shibarium! 🚀💫
$SHIB #SHIBCommunity
