Shiba
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Shytoshi Kusama, the #Shiba Inu ecosystem lead, reveals plans to silence critics of the SHIB project in the near future.
The lead developer revealed this while reacting to an X post from popular crypto expert Del Crxpto. In the post, the pundit suggested that the Shiba Inu lead had made a move that effectively silenced critics.
“Shytoshi Kusama makes haters quiet,” Del Crxpto remarked.
Shiba Inu Inks New Partnership with Chainlink
This statement comes after Shiba Inu announced a surprising partnership with Chainlink, expanding accessibility for its ecosystem tokens, such as SHIB, BONE, and LEASH.
Under the partnership, Shiba Inu’s Layer-2 network, Shibarium, will leverage Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to enhance its interoperability with other blockchains.
Furthermore, SHIB, BONE, and LEASH adopted Chainlink’s Cross-Chain Token (CCT) standard, boosting their multi-chain capabilities across 12 blockchains.
Some of the supported blockchains include Coinbase’s Base, Optimism, Ethereum, Avalanche, BNB Chain, Polygon, and Kroma.
Kusama Says He’ll Soon Silence Critics
The partnership has attracted the attention of the broader crypto community, with Del Crxpto suggesting that Kusama made haters quiet with the development.
Interestingly, the Shiba Inu leader said he has yet to silence critics but promised to do so ‘soon.’ This response suggests that the Shiba Inu ecosystem, under Kusama’s leadership, could be preparing to make another groundbreaking move.
The lead developer revealed this while reacting to an X post from popular crypto expert Del Crxpto. In the post, the pundit suggested that the Shiba Inu lead had made a move that effectively silenced critics.
“Shytoshi Kusama makes haters quiet,” Del Crxpto remarked.
Shiba Inu Inks New Partnership with Chainlink
This statement comes after Shiba Inu announced a surprising partnership with Chainlink, expanding accessibility for its ecosystem tokens, such as SHIB, BONE, and LEASH.
Under the partnership, Shiba Inu’s Layer-2 network, Shibarium, will leverage Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to enhance its interoperability with other blockchains.
Furthermore, SHIB, BONE, and LEASH adopted Chainlink’s Cross-Chain Token (CCT) standard, boosting their multi-chain capabilities across 12 blockchains.
Some of the supported blockchains include Coinbase’s Base, Optimism, Ethereum, Avalanche, BNB Chain, Polygon, and Kroma.
Kusama Says He’ll Soon Silence Critics
The partnership has attracted the attention of the broader crypto community, with Del Crxpto suggesting that Kusama made haters quiet with the development.
Interestingly, the Shiba Inu leader said he has yet to silence critics but promised to do so ‘soon.’ This response suggests that the Shiba Inu ecosystem, under Kusama’s leadership, could be preparing to make another groundbreaking move.
Shiba7306:
$ уже не за горами дамы и господа
🔥😱JUST IN💥Big Moves in Shiba Inu: 2.75 Trillion SHIB Transferred! 🔍
(SHARE&FOLLOW ME ❤️ 🫶)
Hey everyone, I just came across some crazy numbers for Shiba Inu (SHIB)! In the last 24 hours, 2.75 trillion SHIB were moved out of whale wallets, and the total large transactions reached a staggering 6.37 trillion SHIB.
Here’s what’s happening:
Outflows: 2.75 trillion SHIB left whale wallets, marking a 754% increase over the last week.
Inflows: Meanwhile, 1.9 trillion SHIB went into whale wallets, which is up 133% weekly.
Market Impact: SHIB is down 23.28% in the past day, currently at $0.00001874.
So, what does this mean? It could be that whales are selling due to the current crypto market sell-off, or they’re moving tokens to cold storage for security (a bullish sign). Either way, it’s clear that whales are super active right now.
On the bright side, Shiba Inu is making moves outside of the market:
Partnership with Chainlink: SHIB, BONE, and LEASH are now adopting the CCT standard.
Shibarium’s Upgrade: Using Chainlink’s CCIP for faster, reliable cross-chain data.
What is your thought leave in the Comment below 👇 #BTC #Binance #Shiba #DOGE #BNB $BTC
$SHIB
Hey everyone, I just came across some crazy numbers for Shiba Inu (SHIB)! In the last 24 hours, 2.75 trillion SHIB were moved out of whale wallets, and the total large transactions reached a staggering 6.37 trillion SHIB.
Here’s what’s happening:
Outflows: 2.75 trillion SHIB left whale wallets, marking a 754% increase over the last week.
Inflows: Meanwhile, 1.9 trillion SHIB went into whale wallets, which is up 133% weekly.
Market Impact: SHIB is down 23.28% in the past day, currently at $0.00001874.
So, what does this mean? It could be that whales are selling due to the current crypto market sell-off, or they’re moving tokens to cold storage for security (a bullish sign). Either way, it’s clear that whales are super active right now.
On the bright side, Shiba Inu is making moves outside of the market:
Partnership with Chainlink: SHIB, BONE, and LEASH are now adopting the CCT standard.
Shibarium’s Upgrade: Using Chainlink’s CCIP for faster, reliable cross-chain data.
What is your thought leave in the Comment below 👇 #BTC #Binance #Shiba #DOGE #BNB $BTC
$SHIB
Square-Creator-2434a9bdaeed5cf96cb9:
quant ils vont réussir à brûler des quantités suffisante 😡😡🤬🤬 c set toujours la même histoire blablabla
"Massive Shiba Inu Rally Incoming: 235% Gain to $0.00005816 Expected After Recent Dip"
With the crypto market rebounding from a steep fall yesterday, a top market analyst predicts that #Shiba Inu will target a massive 235% surge to a new yearly peak.
Read more on: https://thecryptobasic.com/2024/12/21/top-trader-predicts-235-shiba-inu-rise-to-0-00005816-after-recent-fall/
Read more on: https://thecryptobasic.com/2024/12/21/top-trader-predicts-235-shiba-inu-rise-to-0-00005816-after-recent-fall/
The transfer of 400 billion Shiba Inu (SHIB) has caused concern.
Crypto analytics platform Spotonchain reported that two large amounts of Shiba Inu ($SHIB ) were transferred in the early hours of December 19.
The development coincided with a 10 percent drop in the price of Shiba Inu following Bitcoin’s Fed Reserve announcement. Spotonchain reported that a whale who bought Shiba Inu early and made a profit of $108 million thanks to his investment, moved a total of 399.99 billion SHIB to US-based crypto exchange Gemini.
The Shiba Inu whale purchased a total of 15.2 trillion $SHIB for just 10 $ETH the total value of his portfolio to $48.54 million. This figure shows that the whale has made a total profit of $107.7 million.
Another analysis report revealed that SHIB whales have been liquidating their memecoins to a large extent. This coincided with the Shiba Inu price dropping by around 10 percent in the last 24 hours.
SHIB price fell from $0.00002618 to $0.00002345. In the last 10 days, the popular memecoin has lost more than 21 percent of its value. Not only #Shiba Inu, but also memecoins in general have seen sharp declines.
Factors such as money outflow from memecoins, BTC decline, or BTC dominance increase will push Shiba Inu prices to lower levels. In the opposite scenario, upward movements in the pair can be expected.
Crypto analytics platform Spotonchain reported that two large amounts of Shiba Inu ($SHIB ) were transferred in the early hours of December 19.
The development coincided with a 10 percent drop in the price of Shiba Inu following Bitcoin’s Fed Reserve announcement. Spotonchain reported that a whale who bought Shiba Inu early and made a profit of $108 million thanks to his investment, moved a total of 399.99 billion SHIB to US-based crypto exchange Gemini.
The Shiba Inu whale purchased a total of 15.2 trillion $SHIB for just 10 $ETH the total value of his portfolio to $48.54 million. This figure shows that the whale has made a total profit of $107.7 million.
Another analysis report revealed that SHIB whales have been liquidating their memecoins to a large extent. This coincided with the Shiba Inu price dropping by around 10 percent in the last 24 hours.
SHIB price fell from $0.00002618 to $0.00002345. In the last 10 days, the popular memecoin has lost more than 21 percent of its value. Not only #Shiba Inu, but also memecoins in general have seen sharp declines.
Factors such as money outflow from memecoins, BTC decline, or BTC dominance increase will push Shiba Inu prices to lower levels. In the opposite scenario, upward movements in the pair can be expected.
The #Shiba Inu ecosystem faces yet another scam attempt as Susbarium, the trusted ecosystem watchdog, issues a new scam alert on Thursday.
The latest alert flagged a fraudulent post claiming to offer SHIFU token rewards to users who register within a 24-hour window. The fake announcement shared via X directed users to a suspicious website and urged them to “act quickly” to claim rewards.
Warning for the Shiba Inu Army
According to Susbarium’s warning, the disclosure is a phishing attempt to deceive users and steal their assets. The post included an image featuring the SHIFU branding, a token of Shiba Inu’s gaming project, Play With Shib. However, the watchdog clarified that the post was not from an official or credible source.
#Cryptonews
The latest alert flagged a fraudulent post claiming to offer SHIFU token rewards to users who register within a 24-hour window. The fake announcement shared via X directed users to a suspicious website and urged them to “act quickly” to claim rewards.
Warning for the Shiba Inu Army
According to Susbarium’s warning, the disclosure is a phishing attempt to deceive users and steal their assets. The post included an image featuring the SHIFU branding, a token of Shiba Inu’s gaming project, Play With Shib. However, the watchdog clarified that the post was not from an official or credible source.
#Cryptonews
😱JUST IN🚨Shiba Inu (SHIB) Price Update: Key Support Holds Strong as Burn Rate Soars 🚀🔥
⏭️⏭️(FOLLOW ME ❤️ 🫶)⏮️⏮️
Shiba Inu (SHIB) has dropped 22% from its recent high due to the crypto market sell-off, but there are exciting signs that the token could bounce back soon. Here’s what’s happening:
1. Strong Support Levels 🛡️📈
SHIB’s price is holding firmly at the 50-day moving average, a level it hasn’t fallen below since September 2023. It’s also staying above the Ichimoku cloud ☁️, a bullish indicator that suggests the uptrend is still intact.
The price chart shows a cup and handle pattern forming—a powerful bullish signal! If SHIB breaks above $0.00002941, it could rally to $0.0000477. 🚀✨
2. Burn Rate Spikes 🔥🔥🔥
SHIB’s burn rate has skyrocketed by 4,766%, with over 5.2 million tokens burned in a single day. So far, a massive 410 trillion tokens have been burned! 🔥🔥
Burning reduces the token supply, making SHIB more valuable over time. This burn activity is fueled by its ecosystem features like Shibarium and ShibaSwap. 🌐💎
3. Steady Investor Activity 🤝📊🌟
Despite the price drop, investor confidence remains strong. New SHIB addresses grew by 9.10% last week, while active addresses only dipped slightly by 5.96%.
The total number of SHIB holders is now at 1.37 million and climbing! 📈🚀
What’s Next for SHIB? 🧐✨
If SHIB holds above its key support at $0.00002275, it could aim for $0.00002941 soon. Breaking above this level could see the token surge to $0.0000477! 🌠📈
However, if it dips below $0.00002275, the bullish outlook may weaken.
Summary 🌟💥
With strong support, a skyrocketing burn rate 🔥, and steady investor activity 🤝, SHIB looks ready for a potential rebound. Keep a close eye on its next moves—it might just surprise everyone! #BTC #Shiba #ETH #SOL #Binance
$SHIB
$BTC
Shiba Inu (SHIB) has dropped 22% from its recent high due to the crypto market sell-off, but there are exciting signs that the token could bounce back soon. Here’s what’s happening:
1. Strong Support Levels 🛡️📈
SHIB’s price is holding firmly at the 50-day moving average, a level it hasn’t fallen below since September 2023. It’s also staying above the Ichimoku cloud ☁️, a bullish indicator that suggests the uptrend is still intact.
The price chart shows a cup and handle pattern forming—a powerful bullish signal! If SHIB breaks above $0.00002941, it could rally to $0.0000477. 🚀✨
2. Burn Rate Spikes 🔥🔥🔥
SHIB’s burn rate has skyrocketed by 4,766%, with over 5.2 million tokens burned in a single day. So far, a massive 410 trillion tokens have been burned! 🔥🔥
Burning reduces the token supply, making SHIB more valuable over time. This burn activity is fueled by its ecosystem features like Shibarium and ShibaSwap. 🌐💎
3. Steady Investor Activity 🤝📊🌟
Despite the price drop, investor confidence remains strong. New SHIB addresses grew by 9.10% last week, while active addresses only dipped slightly by 5.96%.
The total number of SHIB holders is now at 1.37 million and climbing! 📈🚀
What’s Next for SHIB? 🧐✨
If SHIB holds above its key support at $0.00002275, it could aim for $0.00002941 soon. Breaking above this level could see the token surge to $0.0000477! 🌠📈
However, if it dips below $0.00002275, the bullish outlook may weaken.
Summary 🌟💥
With strong support, a skyrocketing burn rate 🔥, and steady investor activity 🤝, SHIB looks ready for a potential rebound. Keep a close eye on its next moves—it might just surprise everyone! #BTC #Shiba #ETH #SOL #Binance
$SHIB
$BTC
Square-Creator-bd3671f99:
no creo que exista en este espacio gente como tú cada quien tiene derecho a opinar porque lo ofendes si no le gusta que no opine y ya
$SHIB has disappointed many by being stuck!! At it’s all time high btc was @ 60k, now bitcoin has doubled #Shiba has not moved even on it’s half way to all time high!!
Is this the end of Shiba!!?
You have a strong army yet you are asleep, SHAME ON YOU😭
Is this the end of Shiba!!?
You have a strong army yet you are asleep, SHAME ON YOU😭
Danna Gonsalez XvuX:
Co to się odwala na tej giełdzie 🤔😳
$DOGE
Ich verstehe es nicht nicht wieso sind wir ALLE so dumm, sorry aber wahr!! Pepe ist von Anonym Team entwickelt und hat keine Nutzen und trotzdem wir schenken Ihm 9 Milliarden DOLLAR!! aber Coins mit Nutzen wir Reden bulshit und Investieren Wenn überhaupt 10$ z.b. #BTTC oder #Shiba oder #XEC oder #XRP und Träumen Millionär über Nacht zu werden! Dumme Realität.
An Alle Leute kaufen Sie bitte Nur SHIBA BTTC und XEC dan werden Sie Sehen nach paar Monate was passiert! Wenn 10.000 users abgeben Pepe Bestände und alle letzten 2 Wochen neue gelistete Coins Vana Pinguin und ganzen anderen bulshit dann MUSS einfach MUSS pumpen! Machen wir alle zusammen selber grossen pump für diese 3 coins! 100% wird uns besser gehen als bisher !! Comunity von 10.000 User jeder investiert 100$ in SHIBA 100$ in XEC und 100$ BTTC und es ist gepumpt!
Danke!
Ich verstehe es nicht nicht wieso sind wir ALLE so dumm, sorry aber wahr!! Pepe ist von Anonym Team entwickelt und hat keine Nutzen und trotzdem wir schenken Ihm 9 Milliarden DOLLAR!! aber Coins mit Nutzen wir Reden bulshit und Investieren Wenn überhaupt 10$ z.b. #BTTC oder #Shiba oder #XEC oder #XRP und Träumen Millionär über Nacht zu werden! Dumme Realität.
An Alle Leute kaufen Sie bitte Nur SHIBA BTTC und XEC dan werden Sie Sehen nach paar Monate was passiert! Wenn 10.000 users abgeben Pepe Bestände und alle letzten 2 Wochen neue gelistete Coins Vana Pinguin und ganzen anderen bulshit dann MUSS einfach MUSS pumpen! Machen wir alle zusammen selber grossen pump für diese 3 coins! 100% wird uns besser gehen als bisher !! Comunity von 10.000 User jeder investiert 100$ in SHIBA 100$ in XEC und 100$ BTTC und es ist gepumpt!
Danke!
Vijay-2004:
Finally someone thinking like me , good message brother. I would definitely recommend bttc as the main Burning project in near future for future millionaires.
🚨💸 ATTENTION TRADERS: STAY AWAY FROM THESE 5 CRYPTOS IF YOU AIM TO BE A BILLIONAIRE BY 2025! 🚫
The crypto market offers countless opportunities, but it’s also full of traps. To stay on track toward wealth-building, you might want to reconsider these 5 coins in 2025. Keep in mind, predictions can change, so always do your own research before making investment decisions!
---
1️⃣ #Shiba Inu (SHIB) 🐕
What’s the problem?
While SHIB has a huge fanbase, it’s mostly hype with little real-world application.
Prediction:
The market for SHIB may reach a saturation point, leading to price stagnation or significant declines in 2025.
---
2️⃣ SafeMoon (SAFEMOON) 🌕
What’s the problem?
SafeMoon raises concerns with its unclear tokenomics and lack of transparency. There’s also a risk of price manipulation.
Prediction:
Its extreme volatility could push investors away, potentially resulting in sharp price crashes.
---
3️⃣ Hoge Finance (HOGE) 🚀
What’s the problem?
HOGE relies heavily on hype from its community but hasn’t managed to prove its real-world value.
Prediction:
Without clear utility, its momentum might fade quickly, causing prices to plummet.
---
4️⃣ EverGrow Coin (EGC) 🌱
What’s the problem?
EGC struggles with unclear tokenomics and transparency issues, making it a risky choice. Sudden price jumps and crashes add to the uncertainty.
Prediction:
With limited use cases and high volatility, investors could face steep losses.
---
5️⃣ BitTorrent (BTT) 📊
What’s the problem?
The decentralized data-sharing market is overcrowded, and BTT fails to offer standout features, leaving it vulnerable.
Prediction:
Fierce competition might hinder its growth, leading to price drops over time.
---
🔮 What Lies Ahead for These Coins?
In 2025, these coins could face significant declines or price stagnation due to their inherent challenges, such as lack of utility, transparency issues, or market over-saturation.
---
🚨 Essential Reminders for Traders
1️⃣ Crypto is Unpredictable: Even seemingly solid projects can be risky.
2️⃣ Do Your Homework: Avoid basing decisions on hype; research thoroughly.
3️⃣ Diversify Your Portfolio: Don’t put all your funds into one coin or project.
---
📊 Stay Informed to Succeed
The crypto world changes quickly. To stay ahead, rely on credible sources and adjust your investment strategies as needed.
What’s your opinion on these coins? Will they sink or make a comeback? Share your thoughts in the comments!
#shiba⚡
#Binance
#Write2Earn! #writetowin
---
1️⃣ #Shiba Inu (SHIB) 🐕
What’s the problem?
While SHIB has a huge fanbase, it’s mostly hype with little real-world application.
Prediction:
The market for SHIB may reach a saturation point, leading to price stagnation or significant declines in 2025.
---
2️⃣ SafeMoon (SAFEMOON) 🌕
What’s the problem?
SafeMoon raises concerns with its unclear tokenomics and lack of transparency. There’s also a risk of price manipulation.
Prediction:
Its extreme volatility could push investors away, potentially resulting in sharp price crashes.
---
3️⃣ Hoge Finance (HOGE) 🚀
What’s the problem?
HOGE relies heavily on hype from its community but hasn’t managed to prove its real-world value.
Prediction:
Without clear utility, its momentum might fade quickly, causing prices to plummet.
---
4️⃣ EverGrow Coin (EGC) 🌱
What’s the problem?
EGC struggles with unclear tokenomics and transparency issues, making it a risky choice. Sudden price jumps and crashes add to the uncertainty.
Prediction:
With limited use cases and high volatility, investors could face steep losses.
---
5️⃣ BitTorrent (BTT) 📊
What’s the problem?
The decentralized data-sharing market is overcrowded, and BTT fails to offer standout features, leaving it vulnerable.
Prediction:
Fierce competition might hinder its growth, leading to price drops over time.
---
🔮 What Lies Ahead for These Coins?
In 2025, these coins could face significant declines or price stagnation due to their inherent challenges, such as lack of utility, transparency issues, or market over-saturation.
---
🚨 Essential Reminders for Traders
1️⃣ Crypto is Unpredictable: Even seemingly solid projects can be risky.
2️⃣ Do Your Homework: Avoid basing decisions on hype; research thoroughly.
3️⃣ Diversify Your Portfolio: Don’t put all your funds into one coin or project.
---
📊 Stay Informed to Succeed
The crypto world changes quickly. To stay ahead, rely on credible sources and adjust your investment strategies as needed.
What’s your opinion on these coins? Will they sink or make a comeback? Share your thoughts in the comments!
#shiba⚡
#Binance
#Write2Earn! #writetowin
Feed-Creator-0fb9fbac3221b0a7347f:
Кто не рискует тот не пьёт шампанского.
"Shiba Inu Primed for a 150% Rally: Analyst Maps Path to $0.000074"
While #Shiba Inu is experiencing a 10% decline today, a bold analyst has argued that SHIB could double to near its all-time high soon.
Read more on: https://thecryptobasic.com/2024/12/13/why-shiba-inu-is-about-to-see-a-powerful-150-rally-to-0-000074-according-to-one-analyst/
#CryptoNewss
Read more on: https://thecryptobasic.com/2024/12/13/why-shiba-inu-is-about-to-see-a-powerful-150-rally-to-0-000074-according-to-one-analyst/
#CryptoNewss
What you should be thinking is what the market will do in years not in weeks. Don't be caught with short term gratification. It maybe good but assured you not the best. The market favors those who are patiently enough to wait for years. You can also emulate such thing to maximize your returns. Buy your desire crypto currency (coin ) and hold on. #BTC #Shiba $BTC
💥$300 Investment in $SHIB Inu in December 2024 for next 5 years 🤯can make you this much till 2030💵🤑💵💰💰
$PEPE - $300
$BTTC - $300
Shiba Inu needs no introduction as it's the 2nd biggest meme crypto currency in the world.
#Shiba can make you a plenty of wealth if you hold it for long term.
Currently for $300 you can get approx 12 million shiba.
If #Shibalnu keeps on gaining 400% year on year this crypto would be able to reach $0.01 target easily.
Here you will see the power of compounding🚀 Gaining every year 400% doesn't seems realistic but suppose if shiba inu gains:
1st year it gains 400% $300 will become $1,200
2nd year it's only 100% $1,200 will become $2,400
3rd year it gains again 400% $2,400 will become $9600
4th year it gains 200% $9600 will become $19,200
5th year again it gains 400% $19,200 will become $76,800
If you hold for another 5years you will be among the richest person in your city or neighbourhood
🔥Conclusion:
Future is very bright only for long term shiba inu holders not for quick redeemers.
Consider supporting 💲 if you like my writing.
Like, follow, Comment for more content.
#doge⚡ #pepe⚡ #BTTC
Share Your views.👇👇👇
$PEPE - $300
$BTTC - $300
Shiba Inu needs no introduction as it's the 2nd biggest meme crypto currency in the world.
#Shiba can make you a plenty of wealth if you hold it for long term.
Currently for $300 you can get approx 12 million shiba.
If #Shibalnu keeps on gaining 400% year on year this crypto would be able to reach $0.01 target easily.
Here you will see the power of compounding🚀 Gaining every year 400% doesn't seems realistic but suppose if shiba inu gains:
1st year it gains 400% $300 will become $1,200
2nd year it's only 100% $1,200 will become $2,400
3rd year it gains again 400% $2,400 will become $9600
4th year it gains 200% $9600 will become $19,200
5th year again it gains 400% $19,200 will become $76,800
If you hold for another 5years you will be among the richest person in your city or neighbourhood
🔥Conclusion:
Future is very bright only for long term shiba inu holders not for quick redeemers.
Consider supporting 💲 if you like my writing.
Like, follow, Comment for more content.
#doge⚡ #pepe⚡ #BTTC
Share Your views.👇👇👇
Following the latest #Shiba Inu dump from a significant resistance, analysis shows the next demand zone the asset must hold for a price rebound.
The broader crypto market saw substantial downsides in the past 24 hours, catalyzed by Bitcoin’s brief fall to $94,000. Shiba Inu was not excluded from the capitulation, with the asset falling over 10% from its price in the past day.
In today’s news on Shiba Inu, a report shows that Shiba Inu’s slump was from a strong resistance area. Crypto Basic reported that the meme coin corrected from a multi-month supply zone around the $0.00003343 price mark, which an analyst showed was its 0.618 Fibonacci extension level.
Data from IntoTheBlock shows that the resistance level features 153,110 addresses holding 28 trillion SHIB at an average price of $0.000032. The supply from the price level proved insurmountable for Shiba Inu, spurring an over 10% correction.
Shiba Inu Approaching Key Support Level
Meanwhile, further analysis has shown the next major support area for Shiba Inu if the downtrend persists. Per data from IntoTheBlock, the price level is at $0.000022, where a large number of addresses hold a substantial amount of Shiba Inu, which is the token’s next local demand zone.
The analysis shows that 107,920 wallet addresses bought Shiba Inu between $0.000019 and $0.000024, with the average price converging at $0.000022. Notably, the addresses hold 119.55 trillion SHIB, which could be a strong buffer for further downward momentum.
Meanwhile, Shiba Inu trades at $0.00002687 and is still over 22% away from the primary support area. Notably, a sustained trade around the current price level could see the meme coin retest the failed resistance zone at $0.000032.
#CryptoNews🚀🔥V
The broader crypto market saw substantial downsides in the past 24 hours, catalyzed by Bitcoin’s brief fall to $94,000. Shiba Inu was not excluded from the capitulation, with the asset falling over 10% from its price in the past day.
In today’s news on Shiba Inu, a report shows that Shiba Inu’s slump was from a strong resistance area. Crypto Basic reported that the meme coin corrected from a multi-month supply zone around the $0.00003343 price mark, which an analyst showed was its 0.618 Fibonacci extension level.
Data from IntoTheBlock shows that the resistance level features 153,110 addresses holding 28 trillion SHIB at an average price of $0.000032. The supply from the price level proved insurmountable for Shiba Inu, spurring an over 10% correction.
Shiba Inu Approaching Key Support Level
Meanwhile, further analysis has shown the next major support area for Shiba Inu if the downtrend persists. Per data from IntoTheBlock, the price level is at $0.000022, where a large number of addresses hold a substantial amount of Shiba Inu, which is the token’s next local demand zone.
The analysis shows that 107,920 wallet addresses bought Shiba Inu between $0.000019 and $0.000024, with the average price converging at $0.000022. Notably, the addresses hold 119.55 trillion SHIB, which could be a strong buffer for further downward momentum.
Meanwhile, Shiba Inu trades at $0.00002687 and is still over 22% away from the primary support area. Notably, a sustained trade around the current price level could see the meme coin retest the failed resistance zone at $0.000032.
#CryptoNews🚀🔥V
Stay positive !!
Go away from distractions !!
abolish negative thoughts and apply risk management .
#PEPE
#Shiba
#cryptomanipulation
Go away from distractions !!
abolish negative thoughts and apply risk management .
#PEPE
#Shiba
#cryptomanipulation
Shibarium To Contribute Immensely To Shiba Inu (SHIB) Burns, Up To 70% Base Fee
The long-awaited documentation outlining the Shibarium Layer 2 protocol and its operations is now available. Shibarium would be 10,000 times cheaper than Ethereum. Shiba Inu transaction fees are divided into base fees and priority costs.
@azcoinnews
The base charge is an important component of blockchain transaction fees. When a user does a network transaction, the base charge is locked in a Shibarium contract, while the priority fee is paid to the validator.
The SHIB community is excited because this base charge will be split into 70% burned and 30% set aside to sustain the network.
Throughout this procedure, collected BONE is transmitted to Ethereum’s L1 for an automated swap for SHIB, and this amount is burned by calling its contract function. According to the document, users can access a specific portal on Shibarium’s website for this process.
In good news, the Shibarium testnet’s chain ID has been updated from 917 to 719.
Although similarities between Shibarium’s chain ID and Rinia raised curiosity, SHIB creator Kaal Dhairya stated that a new chain ID would be issued for Shibarium beta.
Following the incidents that caused consternation in the Shiba Inu community, Shiba Inu leader Shytoshi Kusama has announced the creation of a new Discord channel for Shibarium-related conversations.
Shiba Eternity, Shiba Inu’s CCG game that debuted last October, has received a new upgrade. The onboard memory improvements, rampage scheduling, and speed changes in version 1.1.7 are designed to improving the user experience.
#ShibaInu #Shiba #Shibarium #azcoinnews #azcoin
This article was republished from azcoinnews.com
@azcoinnews
The base charge is an important component of blockchain transaction fees. When a user does a network transaction, the base charge is locked in a Shibarium contract, while the priority fee is paid to the validator.
The SHIB community is excited because this base charge will be split into 70% burned and 30% set aside to sustain the network.
Throughout this procedure, collected BONE is transmitted to Ethereum’s L1 for an automated swap for SHIB, and this amount is burned by calling its contract function. According to the document, users can access a specific portal on Shibarium’s website for this process.
In good news, the Shibarium testnet’s chain ID has been updated from 917 to 719.
Although similarities between Shibarium’s chain ID and Rinia raised curiosity, SHIB creator Kaal Dhairya stated that a new chain ID would be issued for Shibarium beta.
Following the incidents that caused consternation in the Shiba Inu community, Shiba Inu leader Shytoshi Kusama has announced the creation of a new Discord channel for Shibarium-related conversations.
Shiba Eternity, Shiba Inu’s CCG game that debuted last October, has received a new upgrade. The onboard memory improvements, rampage scheduling, and speed changes in version 1.1.7 are designed to improving the user experience.
#ShibaInu #Shiba #Shibarium #azcoinnews #azcoin
This article was republished from azcoinnews.com