ShibaInuInWeb3
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đ Shiba Inu announces plans to launch â.shibâ domain for SHIB holders
In a pioneering move, the team behind the popular dog-themed memecoin, Shiba Inu (SHIB), has taken a step into the realm of internet domains by applying for a â.shibâ domain that operates seamlessly on the internetâs Domain Name System (DNS).
đ Breaking Ground in Web3 Compatibility:
The announcement, made by internet domain firm D3 in a recent X post, disclosed the collaborative effort with @ShibToken to secure the â.shibâ Top-Level Domain (TLD). This initiative sets out to address the limitations faced by current Web3 domains such as â.cryptoâ and â.eth,â which do not natively integrate with widely-used internet tools like web browsers and email due to their non-DNS operation.
đĄ Innovative Possibilities for SHIB Holders:
If approved, holders of Shiba Inu (SHIB) memecoin will gain the ability to create email addresses with the distinctive â.shibâ suffix. This domain extension, as outlined by D3, will be compatible with ordinary email applications, providing users with a seamless integration of their digital presence.
đ Navigating Web3 Challenges:
D3 acknowledges the current gap between Web2 and Web3 domains, with the former, represented by extensions like â.comâ and â.net,â working effectively on the DNS but lacking native compatibility with Web3 tools such as wallets and digital identity solutions.
đ ICANN Application and Future Developments:
To bring this innovative domain to fruition, D3 will submit an application to the Internet Corporation for Assigned Names and Numbers (ICANN), a U.S.-based non-profit organization governing internet identifiers. The announcement also hints at D3's plans to introduce "name tokens" for SHIB users, simplifying the process of sending digital assets across various blockchains without relying on lengthy alphanumeric wallet addresses.
đ Stay Connected with Shiba Inu's Technological Evolution! Follow The Blockopedia for Future Updates. đ
#ShibaInuInWeb3 #ShibaInuSurge #crypto #cryptocurrency #crypto2023
In a pioneering move, the team behind the popular dog-themed memecoin, Shiba Inu (SHIB), has taken a step into the realm of internet domains by applying for a â.shibâ domain that operates seamlessly on the internetâs Domain Name System (DNS).
đ Breaking Ground in Web3 Compatibility:
The announcement, made by internet domain firm D3 in a recent X post, disclosed the collaborative effort with @ShibToken to secure the â.shibâ Top-Level Domain (TLD). This initiative sets out to address the limitations faced by current Web3 domains such as â.cryptoâ and â.eth,â which do not natively integrate with widely-used internet tools like web browsers and email due to their non-DNS operation.
đĄ Innovative Possibilities for SHIB Holders:
If approved, holders of Shiba Inu (SHIB) memecoin will gain the ability to create email addresses with the distinctive â.shibâ suffix. This domain extension, as outlined by D3, will be compatible with ordinary email applications, providing users with a seamless integration of their digital presence.
đ Navigating Web3 Challenges:
D3 acknowledges the current gap between Web2 and Web3 domains, with the former, represented by extensions like â.comâ and â.net,â working effectively on the DNS but lacking native compatibility with Web3 tools such as wallets and digital identity solutions.
đ ICANN Application and Future Developments:
To bring this innovative domain to fruition, D3 will submit an application to the Internet Corporation for Assigned Names and Numbers (ICANN), a U.S.-based non-profit organization governing internet identifiers. The announcement also hints at D3's plans to introduce "name tokens" for SHIB users, simplifying the process of sending digital assets across various blockchains without relying on lengthy alphanumeric wallet addresses.
đ Stay Connected with Shiba Inu's Technological Evolution! Follow The Blockopedia for Future Updates. đ
#ShibaInuInWeb3 #ShibaInuSurge #crypto #cryptocurrency #crypto2023
**Shiba Inu Whales Make Waves: Over 11 Trillion SHIB Sail Away from Stock Market đ**
In a crypto sea of change, Shiba Inu's price surge hits a snag, dropping over 2%. But, what's causing this turbulence?
đ **Whale Alert: Justin Sun Leads SHIB Accumulation Wave!**
Recent data reveals massive SHIB accumulation, with Justin Sun at the helm, withdrawing a whopping 6 billion SHIB ($577 million) from Binance. đ
đ **Shiba Inu Buildup: October Whales Join the Frenzy!**
Not just Sun, but other whales in October made significant withdrawals â one taking 850 billion SHIB ($7.5 million) and another, 543.3 billion SHIB ($5.8 million). The accumulation trend is undeniable! đš
đź **New Wallet Joins the Party: $237 Million Worth SHIB Withdrawn!**
A fresh wallet hops on the bandwagon, pulling out 2.56 billion SHIB ($237 million) on December 22. The SHIB party is getting crowded! đ
đ **Exchange Supply Shrinks: SHIB on a Diet since April!**
Analyzing the charts, the Shiba Inu supply on exchanges has been on a diet since April, dropping from over 89 trillion to 78.2 trillion. The whales' game is impacting the market landscape! đ
đ **Accumulation Fever or Market Strategy? SHIB's Intriguing Journey Unveiled!**
Is this a market strategy or a feverish accumulation trend? Dive into the intriguing journey of Shiba Inu's supply dynamics and witness the crypto saga unfold! đđŤ
#BinanceWish #SHIBđĽ #ShibaInuInWeb3 #ShibaInuEcosystem #Shiba.Inu.coin $BTC $SHIB $BTC
In a crypto sea of change, Shiba Inu's price surge hits a snag, dropping over 2%. But, what's causing this turbulence?
đ **Whale Alert: Justin Sun Leads SHIB Accumulation Wave!**
Recent data reveals massive SHIB accumulation, with Justin Sun at the helm, withdrawing a whopping 6 billion SHIB ($577 million) from Binance. đ
đ **Shiba Inu Buildup: October Whales Join the Frenzy!**
Not just Sun, but other whales in October made significant withdrawals â one taking 850 billion SHIB ($7.5 million) and another, 543.3 billion SHIB ($5.8 million). The accumulation trend is undeniable! đš
đź **New Wallet Joins the Party: $237 Million Worth SHIB Withdrawn!**
A fresh wallet hops on the bandwagon, pulling out 2.56 billion SHIB ($237 million) on December 22. The SHIB party is getting crowded! đ
đ **Exchange Supply Shrinks: SHIB on a Diet since April!**
Analyzing the charts, the Shiba Inu supply on exchanges has been on a diet since April, dropping from over 89 trillion to 78.2 trillion. The whales' game is impacting the market landscape! đ
đ **Accumulation Fever or Market Strategy? SHIB's Intriguing Journey Unveiled!**
Is this a market strategy or a feverish accumulation trend? Dive into the intriguing journey of Shiba Inu's supply dynamics and witness the crypto saga unfold! đđŤ
#BinanceWish #SHIBđĽ #ShibaInuInWeb3 #ShibaInuEcosystem #Shiba.Inu.coin $BTC $SHIB $BTC
SHIBA INU & D3 Inc. will change crypto payments as we know them, and i firmly believe this is the best way forward.
Hello fellow Binance users. Shiba Inu and D3 inc, are making waves in the crypto community, and today I bring you a game-changing piece of information that will revolutionize the way we do crypto transactions.
Name Tokens are a digital identity solution for Web3, serving as wallet addresses and usernames across decentralized platforms. They aim to bridge the gap between traditional internet infrastructure and Web3 technology by correcting grammar and improving readability.
Unlike current Web3 naming systems, Name Tokens provide a robust solution by seamlessly integrating real domains with the domain name system (DNS). This integration enables easy access to websites and email infrastructure without the need for specialized software or plugins.
To bring interoperable digital identities to Web3, Name Tokens plan to partner with leading Web3 ecosystems for their Top-Level Domains (TLDs). They feature a unique identifier format using a star or asterisk (*) between the name and extension. This distinguishes them from real domains and ensures clarity within the Web3 identity space.
Name Tokens offer various features, serving as wallet addresses and infrastructure identifiers across multiple blockchain networks. They also function as cross-platform usernames in decentralized platforms, including DeFi, GameFi, SportFi, and others. Users gain access to unique benefits and rewards programs within the Web3 ecosystem, incentivizing active participation.
Soon, early access to *SHIB and *VIC Name Tokens will be available, followed by public availability. Early access users enjoy advantages such as accessing these tokens before the general public and gaining insights into upcoming products, services, and rewards programs. For more information and updates on Name Tokens, interested users can follow the company's blog, X, and LinkedIn.
$SHIB
#ShibaInuInWeb3 #D3 #GameChanger #ShibaArmy #crypto'sfuture
$
What do you think.
Hello fellow Binance users. Shiba Inu and D3 inc, are making waves in the crypto community, and today I bring you a game-changing piece of information that will revolutionize the way we do crypto transactions.
Name Tokens are a digital identity solution for Web3, serving as wallet addresses and usernames across decentralized platforms. They aim to bridge the gap between traditional internet infrastructure and Web3 technology by correcting grammar and improving readability.
Unlike current Web3 naming systems, Name Tokens provide a robust solution by seamlessly integrating real domains with the domain name system (DNS). This integration enables easy access to websites and email infrastructure without the need for specialized software or plugins.
To bring interoperable digital identities to Web3, Name Tokens plan to partner with leading Web3 ecosystems for their Top-Level Domains (TLDs). They feature a unique identifier format using a star or asterisk (*) between the name and extension. This distinguishes them from real domains and ensures clarity within the Web3 identity space.
Name Tokens offer various features, serving as wallet addresses and infrastructure identifiers across multiple blockchain networks. They also function as cross-platform usernames in decentralized platforms, including DeFi, GameFi, SportFi, and others. Users gain access to unique benefits and rewards programs within the Web3 ecosystem, incentivizing active participation.
Soon, early access to *SHIB and *VIC Name Tokens will be available, followed by public availability. Early access users enjoy advantages such as accessing these tokens before the general public and gaining insights into upcoming products, services, and rewards programs. For more information and updates on Name Tokens, interested users can follow the company's blog, X, and LinkedIn.
$SHIB
#ShibaInuInWeb3 #D3 #GameChanger #ShibaArmy #crypto'sfuture
$
What do you think.
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đ Shiba Inu's Lead Developer Sparks Frenzy: Contemplates Jaw-Dropping 99.9% Token Burn! đĽđ
đ Tough Task Ahead: Shytoshi Kusama Ponders Massive SHIB Supply Cut â Could This Catapult SHIB's Value? đđ
đĽ SHIB Enthusiasts Eagerly Await Epic Token Burn! đ Will Drastic Supply Cuts Send SHIB to the Moon? đđ°
đĄ Kusama's Audacious Plan: Transforming Shiba Inu's Future or Just a Cryptocurrency Buzz? đ¤đ
đ Current SHIB Status: 580 Trillion Tokens in Circulation. Can 0.1% Transform the Crypto Landscape? đđ
đĽ Breaking: Shiba Inu's Chief Developer Responds to Bold Token Destruction Proposal! đĽđ°
đ Shiba Inu's Scarcity Strategy: Token Burns on the Horizon â Will SHIB Become More Valuable? đšđĽ
đ SHIB Price Update: Trading at $0.00001103 â Is the Burn Hype Impacting its Market Performance? đđ¸
đ Crypto Buzz Today: Turkey's Crypto Moves and Shiba Inu's Game-Changing Token Burn Speculation! đđ
#SHIBđĽ #ShibaInuInWeb3 #ShibaInuEcosystem #Shiba.Inu.coin $BTC $ETH $SOL
đ Tough Task Ahead: Shytoshi Kusama Ponders Massive SHIB Supply Cut â Could This Catapult SHIB's Value? đđ
đĽ SHIB Enthusiasts Eagerly Await Epic Token Burn! đ Will Drastic Supply Cuts Send SHIB to the Moon? đđ°
đĄ Kusama's Audacious Plan: Transforming Shiba Inu's Future or Just a Cryptocurrency Buzz? đ¤đ
đ Current SHIB Status: 580 Trillion Tokens in Circulation. Can 0.1% Transform the Crypto Landscape? đđ
đĽ Breaking: Shiba Inu's Chief Developer Responds to Bold Token Destruction Proposal! đĽđ°
đ Shiba Inu's Scarcity Strategy: Token Burns on the Horizon â Will SHIB Become More Valuable? đšđĽ
đ SHIB Price Update: Trading at $0.00001103 â Is the Burn Hype Impacting its Market Performance? đđ¸
đ Crypto Buzz Today: Turkey's Crypto Moves and Shiba Inu's Game-Changing Token Burn Speculation! đđ
#SHIBđĽ #ShibaInuInWeb3 #ShibaInuEcosystem #Shiba.Inu.coin $BTC $ETH $SOL
On a clear day, Go as far as your dreams go.
đšđđŻđľ ŕšŕ¸ŕ¸§ŕ¸ąŕ¸ŕ¸ŕ¸ľŕšŕ¸ŕšŕ¸˛ŕšŕ¸Ş ŕ¸ŕ¸ŕ¸ŕ¸śŕšŕ¸ŕšŕ¸ŕ¸ŕ¸˛ŕ¸Ąŕ¸ŕ¸ąŕ¸
#BTC #ShibaInuInWeb3 #BNB
PHOTO BY NOTE STUDIO
$ETH $BNB $SHIB
đšđđŻđľ ŕšŕ¸ŕ¸§ŕ¸ąŕ¸ŕ¸ŕ¸ľŕšŕ¸ŕšŕ¸˛ŕšŕ¸Ş ŕ¸ŕ¸ŕ¸ŕ¸śŕšŕ¸ŕšŕ¸ŕ¸ŕ¸˛ŕ¸Ąŕ¸ŕ¸ąŕ¸
#BTC #ShibaInuInWeb3 #BNB
PHOTO BY NOTE STUDIO
$ETH $BNB $SHIB
đClaim your free shib Red Packetđ
More than 1000 shib in single packetđŻ
Paste the code on red packet Page
BPVHNXI5KK
or
visit the link below
https://s.binance.com/FhuTVjYZ
#Launchpool #sol #SHIBđĽ #ShibaInuInWeb3 #Launchpool $SOL
More than 1000 shib in single packetđŻ
Paste the code on red packet Page
BPVHNXI5KK
or
visit the link below
https://s.binance.com/FhuTVjYZ
#Launchpool #sol #SHIBđĽ #ShibaInuInWeb3 #Launchpool $SOL
đđ Shiba Inu's Unique Proposal: Offering SHIB Holders '.shib' Internet Domains! đđž
Shiba Inu (SHIB) enthusiasts might soon have a special opportunity as the cryptocurrency contemplates providing holders with exclusive '.shib' internet domains! đđť
đ A Novel Offering for SHIB Holders đđ
The proposal to grant '.shib' internet domains to SHIB holders introduces an innovative way to reward and engage the community, tapping into the power of blockchain for unique digital assets.
đ Expanding SHIB's Utility Beyond Crypto đđŤ
This initiative hints at broadening SHIB's utility, stepping beyond the realm of cryptocurrency. Offering internet domains aligns with Shiba Inu's aim to enhance the ecosystem and provide additional value to its dedicated community.
đĽ Empowering SHIB Holders đŞđž
Granting exclusive domains to SHIB holders empowers them with digital assets beyond the traditional scope of cryptocurrency. It creates a bridge between the crypto world and the broader internet landscape.
đ Fueling Community Engagement đđ
The potential introduction of '.shib' domains fosters increased engagement and loyalty among SHIB holders, fostering a sense of exclusivity and community pride within the Shiba Inu ecosystem.
The prospect of offering '.shib' internet domains to SHIB holders signifies an innovative step, adding a unique layer of value and engagement within the Shiba Inu community, creating a distinctive bridge between the crypto space and the broader digital realm. đžđť
#Shibaprice #ShibaInuInWeb3 #Shiba.Inu.currency
Shiba Inu (SHIB) enthusiasts might soon have a special opportunity as the cryptocurrency contemplates providing holders with exclusive '.shib' internet domains! đđť
đ A Novel Offering for SHIB Holders đđ
The proposal to grant '.shib' internet domains to SHIB holders introduces an innovative way to reward and engage the community, tapping into the power of blockchain for unique digital assets.
đ Expanding SHIB's Utility Beyond Crypto đđŤ
This initiative hints at broadening SHIB's utility, stepping beyond the realm of cryptocurrency. Offering internet domains aligns with Shiba Inu's aim to enhance the ecosystem and provide additional value to its dedicated community.
đĽ Empowering SHIB Holders đŞđž
Granting exclusive domains to SHIB holders empowers them with digital assets beyond the traditional scope of cryptocurrency. It creates a bridge between the crypto world and the broader internet landscape.
đ Fueling Community Engagement đđ
The potential introduction of '.shib' domains fosters increased engagement and loyalty among SHIB holders, fostering a sense of exclusivity and community pride within the Shiba Inu ecosystem.
The prospect of offering '.shib' internet domains to SHIB holders signifies an innovative step, adding a unique layer of value and engagement within the Shiba Inu community, creating a distinctive bridge between the crypto space and the broader digital realm. đžđť
#Shibaprice #ShibaInuInWeb3 #Shiba.Inu.currency
41% of Shiba Inu (SHIB) Holders in Profit as On-Chain Signals Turn Bullish
Shiba Inu holders remain in profit amid bullish on-chain signals$BTC $SOL $BNB According to data provided by IntoTheBlock, 41% of Shiba Inu (SHIB) holders are currently in profit at the current price levels. The data also indicates a bullish trend for SHIB as on-chain signals show positive movements, with large transactions increasing by 3.10% and net network growth rising by 0.29%.As of writing this article, the current price of SHIB stands at $0.00001084, marking a 2.67% increase in the last 24 hours and an impressive 33.99% surge in the last 30 days. The trading volume for SHIB has reached $238.91 million, showcasing a notable 9.24% uptick in the past 24 hours.Shiba Inu's positive momentum This positive momentum comes as a breath of fresh air for Shiba Inu enthusiasts, as the cryptocurrency market has experienced its fair share of volatility in recent times. The increase in large transactions and net network growth signals growing confidence among investors, further supporting the optimistic outlook for SHIB. In a related development, the official marketing manager of the Shiba Inu team, known as Lucie on social media, has recently made an announcement that adds to the positive sentiment surrounding SHIB. As reported by U.Today, Lucie revealed that another substantial amount of Shiba Inu tokens, totaling 8,471,583,707 SHIB and valued at $90,857, has been transferred to unspendable wallets this month.This strategic move to lock away a significant portion of SHIB tokens in unspendable wallets is seen as a measure to reduce the circulating supply, potentially contributing to a positive impact on the token's value. The Shiba Inu team continues to implement initiatives aimed at enhancing the overall sustainability and market dynamics of SHIB. Investors and analysts are closely monitoring these developments, as the bullish on-chain signals and strategic token movements contribute to an increasingly favorable environment for Shiba Inu. The community remains eager to see how these factors will influence the future trajectory of SHIB in the ever-evolving cryptocurrency landscape.#sol #SHIBđĽ #DOGE #ShibaInuInWeb3 #TrendingSearch
crypto will bullish upcoming days #Meme $BTC #BONKCoinGrowth #PEPETokens #ShibaInuInWeb3 #EthereumRally
See original
shibu getting ready to jump #shibu #ShibaInuInWeb3
LIVE
Crypto Ahmet
--
Bullish
đđąShiba Inu Prepares for Ascension Trajectory as Whales Relock Shiba for the Long Term
The well-known market intelligence platform Santiment highlighted Shiba Inu as a token to be considered when whales were withdrawing cryptocurrencies from exchanges in the midst of a slowly developing crypto bull market.
In a recent tweet, Santiment highlighted the growing momentum in the altcoin market, where tokens such as Solana (SOL) and Cardano (ADA) have posted surprising rises towards new Year's highs.
In particular, Centiment noted that the ADA has recently exceeded $ 0.65, which is a point that has not been seen for the last 17 months. In addition, Solana is on its way to $100, having grown by over 400% in less than four months.
Amid this laudable trend, Centiment weighed in on the emerging positive signs that point to a similar Shiba Inu uptrend on the horizon.
đ Altcoins are on the rise once again; $ADA is currently above $0.65 and $SOL is surprisingly approaching $100. But pay attention to $ETH, $SHIB, $FET and $DENT. All of these four assets see the respective top 10 exchange wallets move cryptocurrencies away from exchanges;
(Continued) đ
- Santiment (Santiment ) December 22, 2023
Reasons to Watch Shiba Inu
In the update, Santiment, one of the crypto market participants Ethereum (ETH), Shiba Inu (SHIB), Fetch.ai He asked (FET) and Dent (DENT) to "keep an eye" on him. According to the intelligence platform, these four entities stand out due to the ongoing movement of coins from the whales.
He noted that there were significant withdrawals in the wallets of the top 10 exchanges, especially those where digital assets are concentrated. This trend means that large owners, namely whales, are transferring their assets from exchanges to private wallets for potentially long-term retention.
Santiment underlined that such a trend is historically considered a bullish indicator, as whales traditionally move tokens to exchanges for sale.
#ShibaInu #Binance #Memecoins
The well-known market intelligence platform Santiment highlighted Shiba Inu as a token to be considered when whales were withdrawing cryptocurrencies from exchanges in the midst of a slowly developing crypto bull market.
In a recent tweet, Santiment highlighted the growing momentum in the altcoin market, where tokens such as Solana (SOL) and Cardano (ADA) have posted surprising rises towards new Year's highs.
In particular, Centiment noted that the ADA has recently exceeded $ 0.65, which is a point that has not been seen for the last 17 months. In addition, Solana is on its way to $100, having grown by over 400% in less than four months.
Amid this laudable trend, Centiment weighed in on the emerging positive signs that point to a similar Shiba Inu uptrend on the horizon.
đ Altcoins are on the rise once again; $ADA is currently above $0.65 and $SOL is surprisingly approaching $100. But pay attention to $ETH, $SHIB, $FET and $DENT. All of these four assets see the respective top 10 exchange wallets move cryptocurrencies away from exchanges;
(Continued) đ
- Santiment (Santiment ) December 22, 2023
Reasons to Watch Shiba Inu
In the update, Santiment, one of the crypto market participants Ethereum (ETH), Shiba Inu (SHIB), Fetch.ai He asked (FET) and Dent (DENT) to "keep an eye" on him. According to the intelligence platform, these four entities stand out due to the ongoing movement of coins from the whales.
He noted that there were significant withdrawals in the wallets of the top 10 exchanges, especially those where digital assets are concentrated. This trend means that large owners, namely whales, are transferring their assets from exchanges to private wallets for potentially long-term retention.
Santiment underlined that such a trend is historically considered a bullish indicator, as whales traditionally move tokens to exchanges for sale.
#ShibaInu #Binance #Memecoins
âźď¸đ¨Shiba Inu Could Soon Offer SHIB Holders a '.shib' Internet Domainđ¨đ¨âźď¸
Shiba Inu developers are working with internet domain player D3 to introduce a â.shibâ internet and top-level domain to the market as part of a push toward identity-focused projects.Representatives for the Shiba Inu network told CoinDesk in a Telegram chat that they are working with D3 on the application for the .shib top-level domain and plan to apply through ICANN, a global database for internet domains, during the next application window.By applying for the real .shib top level domain, Shiba Inu expects to become one of the first Web3 networks with its own DNS namespace.âOur partnership with D3 allows us to scale outside of the existing ShibArmy and give over 5 billion Internet users direct access to the SHIB ecosystem,â said Shytoshi Kusama, Lead Developer of Shiba Inu. âBringing real domains to SHIB is a big deal, expanding our vision for digital identities within our decentralized ecosystem while driving long-term revenue generation within the ecosystem.â$SHIB #ShibaInuInWeb3 #BinanceWish #ShibaInuEcosystem
đĽ Shiba Inu's Burn Rate Surges 28,000% Amid .Shib Domain Launch
In a fiery development, the burn rate of the meme-inspired cryptocurrency Shiba Inu ($SHIB ) has skyrocketed by an astonishing 28,000% within a mere 24 hours. This surge followed the deliberate burning of over 6.3 million SHIB tokens, sent to unrecoverable dead wallet addresses, effectively eliminating them from circulation.
đĽ Burn Tracking Insights:
Data from Shiba Inu burn tracking platform Shibburn reveals that the surge in burn rate coincided with the announcement of Shiba Inu's collaboration with domain firm D3 Global. This partnership allows users to acquire .shib domains, marking Shiba Inu as one of the pioneering decentralized projects to pursue a top-level domain through the Internet Corporation for Assigned Names and Numbers (ICANN). Notably, some other networks have their native addresses, such as Ethereum ending in .eth.
đĽ Strategic Token Burns for Utility Growth:
Shiba Inu's community engages in strategic token burns by directing them to 'dead addresses,' effectively reducing the available supply in circulation. The recent surge in burn activity is part of a broader trend, as earlier this month, a staggering 8.6 billion SHIB tokens were permanently deleted, representing a remarkable 160,598% increase from the previous day's burn rate.
đ Future Price Speculations and Strategic Partnerships:
Analysts speculate that as adoption grows, Shiba Inu's price could witness a corresponding rise. The project's team is actively pursuing partnerships to expand SHIB's utility, a strategy seen as pivotal in driving future demand and potential price surges.
đ Market Dynamics:
Despite recent developments, Shiba Inu faced delisting from Uphold Canada, alongside other cryptocurrencies like Dogecoin (DOGE), Cardano (ADA), and more.
đ Stay Tuned for the Next Shiba Inu Blaze! Follow The Blockopedia for Real-time Updates. đĽ
#ShibaInuSurge #ShibaInuInWeb3 #crypto #cryptocurrency #crypto2023
In a fiery development, the burn rate of the meme-inspired cryptocurrency Shiba Inu ($SHIB ) has skyrocketed by an astonishing 28,000% within a mere 24 hours. This surge followed the deliberate burning of over 6.3 million SHIB tokens, sent to unrecoverable dead wallet addresses, effectively eliminating them from circulation.
đĽ Burn Tracking Insights:
Data from Shiba Inu burn tracking platform Shibburn reveals that the surge in burn rate coincided with the announcement of Shiba Inu's collaboration with domain firm D3 Global. This partnership allows users to acquire .shib domains, marking Shiba Inu as one of the pioneering decentralized projects to pursue a top-level domain through the Internet Corporation for Assigned Names and Numbers (ICANN). Notably, some other networks have their native addresses, such as Ethereum ending in .eth.
đĽ Strategic Token Burns for Utility Growth:
Shiba Inu's community engages in strategic token burns by directing them to 'dead addresses,' effectively reducing the available supply in circulation. The recent surge in burn activity is part of a broader trend, as earlier this month, a staggering 8.6 billion SHIB tokens were permanently deleted, representing a remarkable 160,598% increase from the previous day's burn rate.
đ Future Price Speculations and Strategic Partnerships:
Analysts speculate that as adoption grows, Shiba Inu's price could witness a corresponding rise. The project's team is actively pursuing partnerships to expand SHIB's utility, a strategy seen as pivotal in driving future demand and potential price surges.
đ Market Dynamics:
Despite recent developments, Shiba Inu faced delisting from Uphold Canada, alongside other cryptocurrencies like Dogecoin (DOGE), Cardano (ADA), and more.
đ Stay Tuned for the Next Shiba Inu Blaze! Follow The Blockopedia for Real-time Updates. đĽ
#ShibaInuSurge #ShibaInuInWeb3 #crypto #cryptocurrency #crypto2023
Everyone wants to be a great traderđŤ
Nobody wants to do:
* 100's of hours of testing
* Journaling and taking it slow
* Spending time building an iron mindset
Learn to love hard work and delay gratification.
Put the work in now and become unrecognizable in 6 months.
#BTC!đ° #ETH! #TIATradingTrends #sol #ShibaInuInWeb3
Nobody wants to do:
* 100's of hours of testing
* Journaling and taking it slow
* Spending time building an iron mindset
Learn to love hard work and delay gratification.
Put the work in now and become unrecognizable in 6 months.
#BTC!đ° #ETH! #TIATradingTrends #sol #ShibaInuInWeb3
#ShibaInu Price Rises as Whales Transfer Billions of $SHIB đłđł
#SHIBARMY #Cryptocurency #BTC!đ° #ShibaInuInWeb3
#SHIBARMY #Cryptocurency #BTC!đ° #ShibaInuInWeb3
LIVETheNewsCrypto
--
Shiba Inuâs Lead Developer Contemplates 99.9% Token Supply Burn
It would take a well-planned and massive withdrawal of tokens from circulation.
In theory, SHIB tokens might become more valuable due to their increased scarcity.
Shytoshi Kusama, the chief developer of the Shiba Inu (SHIB) cryptocurrency project, recently issued a remark that has the whole community buzzing. Kusama has brought up the prospect of limiting the amount of Shiba Inu in circulation to as little as 0.1 percent of its present volume. Many people, including investors and fans of the cryptocurrency, are talking and speculating about this statement.
The current circulating quantity of SHIB is 580 trillion, and if this idea were to be implemented, it would cause a significant change. Kusama made the comment in reaction to a sardonic offer by an opponent to destroy 99.9% of SHIB tokens, maybe with the money from Shibarium service fees.Â
Tough Task
A large portion of the Shiba Inu community has responded favorably to Kusamaâs audacious claim. Many SHIB enthusiasts are eagerly awaiting the possible burning of enormous quantities of tokens. Many members of the community share this optimistic outlook and would love to see the value of SHIB rise after drastic supply cuts.
Though difficult, Kusama certainly countered that it is not impossible to accomplish such a feat. But getting to that level of dramatic decrease isnât easy. It would take a well-planned and massive withdrawal of tokens from circulation to burn up 99.9 percent of SHIBâs supply. Token burns have been executed by the SHIB development team before, although on a lesser scale.
In theory, SHIB tokens might become more valuable due to their increased scarcity as a result of a lower supply. According to CoinMarketCap, at the time of writing, SHIB is trading at $0.00001103, up 1.17% in the last 24 hours.
Highlighted Crypto News Today:
Turkey Taps Specialist for Central Bankâs Crypto Policy Committee
In theory, SHIB tokens might become more valuable due to their increased scarcity.
Shytoshi Kusama, the chief developer of the Shiba Inu (SHIB) cryptocurrency project, recently issued a remark that has the whole community buzzing. Kusama has brought up the prospect of limiting the amount of Shiba Inu in circulation to as little as 0.1 percent of its present volume. Many people, including investors and fans of the cryptocurrency, are talking and speculating about this statement.
The current circulating quantity of SHIB is 580 trillion, and if this idea were to be implemented, it would cause a significant change. Kusama made the comment in reaction to a sardonic offer by an opponent to destroy 99.9% of SHIB tokens, maybe with the money from Shibarium service fees.Â
Tough Task
A large portion of the Shiba Inu community has responded favorably to Kusamaâs audacious claim. Many SHIB enthusiasts are eagerly awaiting the possible burning of enormous quantities of tokens. Many members of the community share this optimistic outlook and would love to see the value of SHIB rise after drastic supply cuts.
Though difficult, Kusama certainly countered that it is not impossible to accomplish such a feat. But getting to that level of dramatic decrease isnât easy. It would take a well-planned and massive withdrawal of tokens from circulation to burn up 99.9 percent of SHIBâs supply. Token burns have been executed by the SHIB development team before, although on a lesser scale.
In theory, SHIB tokens might become more valuable due to their increased scarcity as a result of a lower supply. According to CoinMarketCap, at the time of writing, SHIB is trading at $0.00001103, up 1.17% in the last 24 hours.
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đĽđĽShiba Inu Burn Rate Increased by 161540%, Is the SHIBA Bull Run Near?
The dog-themed meme crypt Shiba Inu (SHIBA) has been on the rise recently after experiencing various challenges throughout the year. The Shiba Inu price managed to gain over 32% last month and recorded impressive growth despite various price fluctuations over the year. Meanwhile, the recent rally seems to be attributed to the huge burning rate of more than 8.5 billion SHIB tokens in the last 24 hours.Dec.
Shiba Inu Burning Rate Is Skyrocketing
Friday December 22, 2023, more than 8.59 billion SHIB coins were burned, so the SHIB burning rate increased by 161,540.53%. According to data from Shibburn, a website that tracks SHIB burn insights, it is suggested that more than 17.22 billion shibs have been burned in the last seven days. The recent increase in the SHIB burn rate has pushed up the price of the meme crypto as it continues to recover.
At the time of writing, the most shocking transaction in the last 24 hours was recorded as the burning of 8.53 billion SHIB tokens in a single transaction. The transaction is 0xc7d, which is the unknown wallet address... it was made towards a dead account by him and about $90,000 worth of SHIB was transferred.
In addition to the above-mentioned process, there were other noticeable burning processes on October 24 and 20 million SHIB tokens. Moreover, the recent Shiba Inu price increase was attributed to the burning of a SHIB token worth over $1.5 million last month. Later, SHÄ°BArmy is happy to witness the gigantic burning rate and expects it to raise the price even higher.
SHIB Price Rally
The Shiba Inu price was up 3.19% with the meme coin trading at $0.00001059 at the time of writing. In addition, the 24-hour trading volume increased by 17.42% to $ 190.11 million.
Meanwhile, SHIB's market capitalization Decelerated to $6.2 billion, gaining 3.14% in value. Last month, the digital asset gained a huge value by 32.19%.
#ShibaInuInWeb3 #SHIBđĽ
#ShibaInu  #Binance  #Memecoins
The dog-themed meme crypt Shiba Inu (SHIBA) has been on the rise recently after experiencing various challenges throughout the year. The Shiba Inu price managed to gain over 32% last month and recorded impressive growth despite various price fluctuations over the year. Meanwhile, the recent rally seems to be attributed to the huge burning rate of more than 8.5 billion SHIB tokens in the last 24 hours.Dec.
Shiba Inu Burning Rate Is Skyrocketing
Friday December 22, 2023, more than 8.59 billion SHIB coins were burned, so the SHIB burning rate increased by 161,540.53%. According to data from Shibburn, a website that tracks SHIB burn insights, it is suggested that more than 17.22 billion shibs have been burned in the last seven days. The recent increase in the SHIB burn rate has pushed up the price of the meme crypto as it continues to recover.
At the time of writing, the most shocking transaction in the last 24 hours was recorded as the burning of 8.53 billion SHIB tokens in a single transaction. The transaction is 0xc7d, which is the unknown wallet address... it was made towards a dead account by him and about $90,000 worth of SHIB was transferred.
In addition to the above-mentioned process, there were other noticeable burning processes on October 24 and 20 million SHIB tokens. Moreover, the recent Shiba Inu price increase was attributed to the burning of a SHIB token worth over $1.5 million last month. Later, SHÄ°BArmy is happy to witness the gigantic burning rate and expects it to raise the price even higher.
SHIB Price Rally
The Shiba Inu price was up 3.19% with the meme coin trading at $0.00001059 at the time of writing. In addition, the 24-hour trading volume increased by 17.42% to $ 190.11 million.
Meanwhile, SHIB's market capitalization Decelerated to $6.2 billion, gaining 3.14% in value. Last month, the digital asset gained a huge value by 32.19%.
#ShibaInuInWeb3 #SHIBđĽ
#ShibaInu  #Binance  #Memecoins
