Shiba Inu Reachs a Network Milestone, and SHIB Weekly Burn Rate Increases.

373,715,046 SHIB tokens were burnt in 58 transactions over the previous seven days. This translated into a monetary value of $3,269.69.
Compared to the previous week, when 259,383,545 SHIB tokens were burnt in 66 transactions, this was a far greater amount.

Shibburn published a graphic showing a greater weekly burn rate of 44.06%. Even though the daily burn rate decreased by 43.54%, a sizable amount of SHIB was burned on the previous day. Nineteen transactions totaling 20,002,824 SHIB tokens were burnt in the last day.
The total number of Shiba Inus that have addresses is currently 3.65 million; of them, 1.26 million have SHIB balances.

In the long term, interest in keeping and investing in a particular crypto asset is reflected in the total number of addresses having a balance. An increase in addresses with a balance is usually regarded as positive as it suggests a more stable and expanding user base.
#SHIBWallet #ShibaInuMystery #ShibaInuUpdate #btcnews99

🚀 Shiba Inu's Innovation Drive: Wallet Launch and Shib Magazine Debut 🌟

Hello Binance Square! Exciting developments are unfolding in the Shiba Inu ($SHIB ) ecosystem. Let's delve into the latest news:

Innovative $SHIB Wallet: The Shiba Inu development team has introduced a groundbreaking wallet designed to enhance user experience within the SHIB ecosystem. This non-custodial wallet boasts several innovative features:

User-Friendly Design: It allows users to recover their wallets even without their seed phrase, using simple email login.

Integrated Web3Auth: Simplifies onboarding, replacing complex processes with options like email, Twitter, Google, and password logins.

Gasless Transactions: Ensures enhanced flexibility and cost-efficiency.
Gas Sponsorship Feature: Users can sponsor gas or set customized rules, further improving the onboarding experience and user engagement.

Launch of Shib Magazine: Alongside the wallet, the team launched the Shib Magazine on November 7. This publication is dedicated to offering in-depth coverage of the Shiba Inu ecosystem, providing insights and news to the $SHIB community.

Fostering Ecosystem Growth: Kaal Dhairya, a Shibarium developer, highlighted the wallet's role in addressing challenges within the ecosystem and its aim to onboard the next billion users onto the SHIB chain. The focus is on making the blockchain experience more accessible and fostering the overall growth of the SHIB ecosystem.

#ShibaInuUpdate #SHIBWallet #ShibMagazine #BlockchainInnovation #BinanceSquare

These developments signify Shiba Inu's commitment to innovation and user engagement. What are your thoughts on these advancements in the SHIB ecosystem? Let's discuss! 🐶🌐

SHIB 🚶🏻‍♂️will delete a zero anytime soon, let alone by Halloween 2023. Furthermore, Analysis firm Changelly does not anticipate SHIB to delete a zero before 2024. Moreover, the memecoin is unlikely to rally without the larger crypto market.

Random news about shib .
All about only #shibu_inu

Will Shiba ever reach $1?
Considering all the known wealth held by each individual, business, and government on Earth stood at $463 trillion in 2022, it's absolutely impossible for Shiba Inu to achieve a price of $1 in its current state. The only way it can get there is if the supply of tokens is dramatically reduced.17-Oct-2023

However, technical analysis indicates that the asset is pushing to delete the zero and possibly delete another one when the entire market turns around and bullish activities take over.5 days ago

With a market cap of $4 billion, down 88% from its all-time-high, SHIB might have some space to run if next years expected bull market does come to fruition and the utility and use-cases for the coin continue to grow.

Is SHIB losing value?
SHIB Price Prediction: Further Retracement Toward $0.000005

SHIB is currently trading at 0.0000068, and based on the provided technical indicators, the prevailing market sentiment is bearish. Shiba Inu is now trading below 10-day and 20-day, the Exponential Moving Averages (EMA), indicating a short term “Sell” signal.

Between now and the end of 2022, Shiba Inu could hit the $0.0001 mark and lose another zero after the decimal. In October 2021 it ate one more zero. The trigger to such a rally between now and the end of 2022 would likely be broader market price action.11-Oct-2022

Can Shiba rise again?
Our most recent Shiba Inu price forecast indicates that its value will increase by 6.84% and reach $0.000008700 by November 11, 2023.

It’s all about

#ShibaInuUpdate
#ShibMagazine
#SHIBWallet
#BTC
#Poloniex

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