SHIBAINU
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Shiba Inu Community Torches Millions of SHIB Tokens, Propelling Value
Recent data reveals a 430% surge in Shiba Inu coin burning, aiming to boost scarcity.Massive SHIB team burn: On March 9, over 13 billion SHIB tokens were burned alongside BONE and LEASH tokens, enhancing the Shibarium ecosystem.SHIB’s price increased by 7.80% within 24 hours, reflecting the community’s strategic burning efforts.
The Shiba Inu (SHIB) community has witnessed a remarkable surge in the burning of SHIB meme coins, marking a staggering 430% increase in its burn rate.
On March 9, a significant milestone was reached when the SHIB team orchestrated a massive burn event, incinerating over 13 billion SHIB tokens, alongside complementary BONE and LEASH tokens. This strategic move not only aimed at reducing SHIB supply but also contributed to fortifying the Shibarium ecosystem, underscoring the team’s proactive approach to ecosystem development.
Despite fluctuations in burn activities observed throughout the week, SHIB’s price exhibited resilience, experiencing a notable 7.80% increase within 24 hours. This price surge signifies the community’s persistent efforts to influence SHIB’s value through strategic burns, potentially tightening the coin’s supply and driving prices higher.
Moreover, while the recent surge in burn rate is noteworthy, it’s essential to note that the total amount of coins burned in these instances remains comparatively lower than the quantities burned in other routine activities within the same timeframe. For instance, a substantial number of SHIB coins were burned on March 12, indicating a consistent commitment to burning activities.
Overall, these developments underscore the dedication of the SHIB community and team to actively shape the trajectory of SHIB’s value through strategic burns and ecosystem enhancements. They play a pivotal role in fostering scarcity, resilience, and potential price appreciation within the SHIB ecosystem.
$SHIB #SHIB #SHIBAINU
The Shiba Inu (SHIB) community has witnessed a remarkable surge in the burning of SHIB meme coins, marking a staggering 430% increase in its burn rate.
On March 9, a significant milestone was reached when the SHIB team orchestrated a massive burn event, incinerating over 13 billion SHIB tokens, alongside complementary BONE and LEASH tokens. This strategic move not only aimed at reducing SHIB supply but also contributed to fortifying the Shibarium ecosystem, underscoring the team’s proactive approach to ecosystem development.
Despite fluctuations in burn activities observed throughout the week, SHIB’s price exhibited resilience, experiencing a notable 7.80% increase within 24 hours. This price surge signifies the community’s persistent efforts to influence SHIB’s value through strategic burns, potentially tightening the coin’s supply and driving prices higher.
Moreover, while the recent surge in burn rate is noteworthy, it’s essential to note that the total amount of coins burned in these instances remains comparatively lower than the quantities burned in other routine activities within the same timeframe. For instance, a substantial number of SHIB coins were burned on March 12, indicating a consistent commitment to burning activities.
Overall, these developments underscore the dedication of the SHIB community and team to actively shape the trajectory of SHIB’s value through strategic burns and ecosystem enhancements. They play a pivotal role in fostering scarcity, resilience, and potential price appreciation within the SHIB ecosystem.
$SHIB #SHIB #SHIBAINU
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The third large-scale burn of SHIB took place with the help of Shibarium commissions.
The team of one of the leading cryptocurrency memes, Shiba Inu, conducted a burn of over SHIB 8.5 billion. Shibburn's social media account X reported that the tokens had been moved to a dead wallet.
According to Shiba Inu ecosystem content marketing specialist Lucy, the exact number of tokens burned was 8,533,564,693 SHIB.
Lucy also mentioned that this is the third time that a large number of meme coins have been burned using a portion of Shibarium's commissions.
The first ever SHIB burn occurred on December 4, when the Shiba Inu project team sent 8.24 billion SHIB tokens to a dead wallet. The second took place on December 16, when another 8.61 billion SHIB were removed from circulation.
The latest SHIB burn brings the total number of tokens burned to approximately 25.38 billion in 18 days.
#SHIBAINU
The team of one of the leading cryptocurrency memes, Shiba Inu, conducted a burn of over SHIB 8.5 billion. Shibburn's social media account X reported that the tokens had been moved to a dead wallet.
According to Shiba Inu ecosystem content marketing specialist Lucy, the exact number of tokens burned was 8,533,564,693 SHIB.
Lucy also mentioned that this is the third time that a large number of meme coins have been burned using a portion of Shibarium's commissions.
The first ever SHIB burn occurred on December 4, when the Shiba Inu project team sent 8.24 billion SHIB tokens to a dead wallet. The second took place on December 16, when another 8.61 billion SHIB were removed from circulation.
The latest SHIB burn brings the total number of tokens burned to approximately 25.38 billion in 18 days.
#SHIBAINU
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Shiba Inu (SHIB) Large Transactions Spike by 300%, Hit $178 Million
Over the last 24 hours, the volume of Shiba Inu (SHIB) large transactions has surged by 300%, reaching a combined $178 million. Notably, the network saw transfers involving 20.2 trillion SHIB.
The spike in large transactions eventually amounted to the equivalent of $178.38 million. This is the highest it has been in the Shiba Inu ecosystem in the last eight months. The big question is, what could this mean for the price of the asset?
Such a significant increase in large transactions has led to a lot of speculation within the SHIB army. Naturally, these transfers have been attributed to whales who are seemingly preparing to make their moves.
#SHIBAINU #ShibaInvestment #shibu
$SHIB
Over the last 24 hours, the volume of Shiba Inu (SHIB) large transactions has surged by 300%, reaching a combined $178 million. Notably, the network saw transfers involving 20.2 trillion SHIB.
The spike in large transactions eventually amounted to the equivalent of $178.38 million. This is the highest it has been in the Shiba Inu ecosystem in the last eight months. The big question is, what could this mean for the price of the asset?
Such a significant increase in large transactions has led to a lot of speculation within the SHIB army. Naturally, these transfers have been attributed to whales who are seemingly preparing to make their moves.
#SHIBAINU #ShibaInvestment #shibu
$SHIB
Hi Guys
#SHIBAINU
Have You Ever Search About LEASH
Lets Dive Deep
Doge killer (ticker: LEASH): This was originally launched as a rebase token (also known as an elastic token), a type of token similar to an algorithmic stablecoin where the supply automatically increases and decreases via a computer algorithm to keep its price pegged to another asset. In this case, LEASH’s supply was adjusted to track the price of DOGE at a rate of 1/1,000.
For example, if the price of dogecoin was $0.05, the supply of doge killer would change (mint new tokens or destroy coins in circulation) to adjust the price of LEASH to $50.
So Dont Worry And Dont Tens Abput ShibaInu Coin Supply Because ShibaSwap Have Ability To Kill All Coins In Days
Carry ShibaInu Coin ASAP More And More #bitcoinhalving #Memecoins #ShibaInu
#SHIBAINU
Have You Ever Search About LEASH
Lets Dive Deep
Doge killer (ticker: LEASH): This was originally launched as a rebase token (also known as an elastic token), a type of token similar to an algorithmic stablecoin where the supply automatically increases and decreases via a computer algorithm to keep its price pegged to another asset. In this case, LEASH’s supply was adjusted to track the price of DOGE at a rate of 1/1,000.
For example, if the price of dogecoin was $0.05, the supply of doge killer would change (mint new tokens or destroy coins in circulation) to adjust the price of LEASH to $50.
So Dont Worry And Dont Tens Abput ShibaInu Coin Supply Because ShibaSwap Have Ability To Kill All Coins In Days
Carry ShibaInu Coin ASAP More And More #bitcoinhalving #Memecoins #ShibaInu
#UPADATE #SHIBAINU
A Shiba Inu (SHIB) whale sold nearly half a trillion SHIB tokens at a significant loss, highlighting the volatile nature of meme coins.
•The sale involved 421.6 billion SHIB tokens at an average price of $0.000009437, executed on both the Binance exchange and a decentralized exchange (DEX).
•This transaction resulted in a loss of $6.32 million for the whale, who had originally acquired the tokens in November 2021.$SHIB
A Shiba Inu (SHIB) whale sold nearly half a trillion SHIB tokens at a significant loss, highlighting the volatile nature of meme coins.
•The sale involved 421.6 billion SHIB tokens at an average price of $0.000009437, executed on both the Binance exchange and a decentralized exchange (DEX).
•This transaction resulted in a loss of $6.32 million for the whale, who had originally acquired the tokens in November 2021.$SHIB
Shiba Inu Burn Surges 70%: 27 Million Tokens Burned; $0.00001 Target?
Cryptos Headlines Token Airdrop Is Live, Claim your 5,000 CHT tokens for free $50 On Official Website > CryptosHeadlinesToken.com
Read Here: https://www.binance.com/en/feed/post/4063980619217
#SHIBAINU #SHIB #Bitcoin #Altcoin #Cryptocurrency
Cryptos Headlines Token Airdrop Is Live, Claim your 5,000 CHT tokens for free $50 On Official Website > CryptosHeadlinesToken.com
Read Here: https://www.binance.com/en/feed/post/4063980619217
#SHIBAINU #SHIB #Bitcoin #Altcoin #Cryptocurrency
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ConsenSys: 17% of American crypto investors invested in the SHIB memcoin
Analysts at ConsenSys, created by Ethereum co-founder Joseph Lubin, conducted a survey of 1,018 people living in the United States. Half of the survey participants said that they had never bought cryptocurrencies, the remaining 50% said that they already had experience investing in this new asset class. Of these, 31% previously bought digital assets but then decided to sell, while 20% still own.
Researchers have noted the most preferred cryptocurrencies for investment among American crypto investors. The honorable first place went to Bitcoin (58%), in second place was Ether (37%), and third place went to DOGE (26%). The top five also included the Binance cryptocurrency (22%) and the USDC stablecoin (18%).
Of particular interest to investors is the SHIB memtoken, which currently ranks tenth in terms of market capitalization among all crypto assets. 17% of the surveyed investors invested in these tokens. Over the week, SHIB grew by more than 250%, reaching $0.00004567. However, then the rate corrected, and now the coin is trading at $$0.00003275.
#SHIBA/USDT #SHIBAINU #HotTrends #news #USA
$SHIB $BTC $ETH
Analysts at ConsenSys, created by Ethereum co-founder Joseph Lubin, conducted a survey of 1,018 people living in the United States. Half of the survey participants said that they had never bought cryptocurrencies, the remaining 50% said that they already had experience investing in this new asset class. Of these, 31% previously bought digital assets but then decided to sell, while 20% still own.
Researchers have noted the most preferred cryptocurrencies for investment among American crypto investors. The honorable first place went to Bitcoin (58%), in second place was Ether (37%), and third place went to DOGE (26%). The top five also included the Binance cryptocurrency (22%) and the USDC stablecoin (18%).
Of particular interest to investors is the SHIB memtoken, which currently ranks tenth in terms of market capitalization among all crypto assets. 17% of the surveyed investors invested in these tokens. Over the week, SHIB grew by more than 250%, reaching $0.00004567. However, then the rate corrected, and now the coin is trading at $$0.00003275.
#SHIBA/USDT #SHIBAINU #HotTrends #news #USA
$SHIB $BTC $ETH
Shiba Inu Surges 340% On-Chain as SHIB Price Nears Removal of Zero
Cryptos Headlines Token Airdrop Is Live, Claim your 5,000 CHT tokens for free $50 On Official Website CryptosHeadlinesToken.com
Read Here: https://www.binance.com/en/feed/post/4064193998065
#SHIBAINU #SHIB #Bitcoin #Altcoin #Cryptocurrency
Cryptos Headlines Token Airdrop Is Live, Claim your 5,000 CHT tokens for free $50 On Official Website CryptosHeadlinesToken.com
Read Here: https://www.binance.com/en/feed/post/4064193998065
#SHIBAINU #SHIB #Bitcoin #Altcoin #Cryptocurrency
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The SHIB team has implemented fully homomorphic encryption technology
The developers of the dog meme token Shiba Inu (SHIB) have increased the privacy and data protection of users and ecosystem developers by introducing fully homomorphic encryption (FHE). The initiative was implemented jointly with Zama, a company specializing in encryption technologies in the field of blockchain and artificial intelligence.
#Write2Earn #SHIB💥 #SHIBAINU #TrendingTopic #Write2Earn
$SHIB
The developers of the dog meme token Shiba Inu (SHIB) have increased the privacy and data protection of users and ecosystem developers by introducing fully homomorphic encryption (FHE). The initiative was implemented jointly with Zama, a company specializing in encryption technologies in the field of blockchain and artificial intelligence.
#Write2Earn #SHIB💥 #SHIBAINU #TrendingTopic #Write2Earn
$SHIB
Shiba Inu Coin: Shytoshi Kusama Reveals Shiboshi Introduction; What Comes Next?
Cryptos Headlines Token Airdrop Is Live, Claim your 5,000 CHT tokens for free $50 On Official Website > CryptosHeadlinesToken.com
Read Here: https://www.binance.com/en/feed/post/4063765768546
#SHIBAINU #Shiboshis #Bitcoin #Altcoin #Cryptocurrency
Cryptos Headlines Token Airdrop Is Live, Claim your 5,000 CHT tokens for free $50 On Official Website > CryptosHeadlinesToken.com
Read Here: https://www.binance.com/en/feed/post/4063765768546
#SHIBAINU #Shiboshis #Bitcoin #Altcoin #Cryptocurrency
📢📢Attention all readers,
👍Thank you for your interest in this post, which aims to help you save both time and money.💎
➡️1. The PEPE coin is currently experiencing high demand, as shown in the attached image. While PEPE holds great potential compared to SHIB coin, it's essential to remember the principle that what goes up quickly can also come down quickly.💦
➡️2. Starting from today and continuing into tomorrow, expect a significant dip in PEPE coin's value. This presents an opportunity to buy, but I advise against immediate trading, whether long or short.
🚨🚨3. Instead of trading, consider purchasing PEPE at its lowest point during this dip and holding it as an asset in your spot wallet.🎆
👉4. Given PEPE's substantial burning rate and promising potential, acquiring it at its lowest point and holding onto it for at least two years could lead to significant wealth accumulation.
➡️5. I'm known for my direct and straightforward approach, evident from the rapid increase in my followers, drawn to my 1000% accurate signals.
➡️6. Given the current market volatility, exercise patience before making any moves. Once the market stabilizes and dips occur, consider investing in the following assets: PEPE, SHIBINU, and BONK, allocating at least 100 USDT to each. Hold onto these assets for a minimum of two years.
➡️7. Remember to thank me in two years' time for the advice!
➡️8. #PEPE #SHIBAINU #BONK
👀Looking forward to your success in the crypto market! 😊
$BTC
$ETH
$BNB
👍Thank you for your interest in this post, which aims to help you save both time and money.💎
➡️1. The PEPE coin is currently experiencing high demand, as shown in the attached image. While PEPE holds great potential compared to SHIB coin, it's essential to remember the principle that what goes up quickly can also come down quickly.💦
➡️2. Starting from today and continuing into tomorrow, expect a significant dip in PEPE coin's value. This presents an opportunity to buy, but I advise against immediate trading, whether long or short.
🚨🚨3. Instead of trading, consider purchasing PEPE at its lowest point during this dip and holding it as an asset in your spot wallet.🎆
👉4. Given PEPE's substantial burning rate and promising potential, acquiring it at its lowest point and holding onto it for at least two years could lead to significant wealth accumulation.
➡️5. I'm known for my direct and straightforward approach, evident from the rapid increase in my followers, drawn to my 1000% accurate signals.
➡️6. Given the current market volatility, exercise patience before making any moves. Once the market stabilizes and dips occur, consider investing in the following assets: PEPE, SHIBINU, and BONK, allocating at least 100 USDT to each. Hold onto these assets for a minimum of two years.
➡️7. Remember to thank me in two years' time for the advice!
➡️8. #PEPE #SHIBAINU #BONK
👀Looking forward to your success in the crypto market! 😊
$BTC
$ETH
$BNB
Shiba Inu (SHIB): Shibarium Burning 70% of Base Fee Leaves Community Delighted
The long-awaited documentation detailing an overview of the Shibarium Layer 2 protocol and its operations has now been made public, as reported by U.Today.
Nice! Also 10,000 times lower fee than etherium! Someone do that math real quick. I'm bad. If I paid $10 in Eth fees last transaction and it's now 10,000x lower how much Shib will burn?! 🚀 🌙 pic.twitter.com/rMm9NHe1Lo
— OhGodYes (@ohgodyes) March 24, 2023
According to the documents, Shibarium would be 10,000 times cheaper than Ethereum. Shibarium transaction fees are separated into base and priority fees.
The base fee is a crucial component of transaction fees on a blockchain. When a user makes a transaction on the network, the base fee is locked in a contract on Shibarium, while the priority fee is paid to the validator.
The part that excites the SHIB community is that this base fee will be split into 70% that will be burned and 30% that will be set aside to maintain the network.
During this process, accumulated BONE is sent to Ethereum's L1, where an automated swap for SHIB occurs, and this amount is burned by invoking its contract function.
Users will be able to use a specific portal on Shibarium's website for this process, the document states.
Other developments: Shibarium new ID chain, new Discord, Shiba Eternity
In positive developments, the chain ID of the Shibarium testnet has been changed from 917 to 719.
💢 BREAKING 💢#Shibarium Testnet Chain ID has officially been updated to 719. pic.twitter.com/5f239dRTwd
— SHIB HODLER (@ShibaInuHodler) March 24, 2023
SHIB developer Kaal Dhairya said that a new chain ID would be deployed for Shibarium beta after similarities between its chain ID and that of Rinia sparked speculation.
Following the events that stirred up FUD in the Shiba Inu community, Shiba Inu lead Shytoshi Kusama has unveiled a new Discord channel for Shibarium-related discussions.
#shibaeternity #Shibarmy $Shib #Shib #Shiboshis pic.twitter.com/9pYVHhdCRD
— Mazrael (@_Mazrael_) March 24, 2023
Shiba Eternity, Shiba Inu's CCG game that launched in October last year, has gotten a new update. The new version 1.1.7 onboard memory optimizations, rampage sequencing and performance optimizations are aimed at improving the user experience.
#SHIB #SHIBAINU #Binance #crypto2023
Nice! Also 10,000 times lower fee than etherium! Someone do that math real quick. I'm bad. If I paid $10 in Eth fees last transaction and it's now 10,000x lower how much Shib will burn?! 🚀 🌙 pic.twitter.com/rMm9NHe1Lo
— OhGodYes (@ohgodyes) March 24, 2023
According to the documents, Shibarium would be 10,000 times cheaper than Ethereum. Shibarium transaction fees are separated into base and priority fees.
The base fee is a crucial component of transaction fees on a blockchain. When a user makes a transaction on the network, the base fee is locked in a contract on Shibarium, while the priority fee is paid to the validator.
The part that excites the SHIB community is that this base fee will be split into 70% that will be burned and 30% that will be set aside to maintain the network.
During this process, accumulated BONE is sent to Ethereum's L1, where an automated swap for SHIB occurs, and this amount is burned by invoking its contract function.
Users will be able to use a specific portal on Shibarium's website for this process, the document states.
Other developments: Shibarium new ID chain, new Discord, Shiba Eternity
In positive developments, the chain ID of the Shibarium testnet has been changed from 917 to 719.
💢 BREAKING 💢#Shibarium Testnet Chain ID has officially been updated to 719. pic.twitter.com/5f239dRTwd
— SHIB HODLER (@ShibaInuHodler) March 24, 2023
SHIB developer Kaal Dhairya said that a new chain ID would be deployed for Shibarium beta after similarities between its chain ID and that of Rinia sparked speculation.
Following the events that stirred up FUD in the Shiba Inu community, Shiba Inu lead Shytoshi Kusama has unveiled a new Discord channel for Shibarium-related discussions.
#shibaeternity #Shibarmy $Shib #Shib #Shiboshis pic.twitter.com/9pYVHhdCRD
— Mazrael (@_Mazrael_) March 24, 2023
Shiba Eternity, Shiba Inu's CCG game that launched in October last year, has gotten a new update. The new version 1.1.7 onboard memory optimizations, rampage sequencing and performance optimizations are aimed at improving the user experience.
#SHIB #SHIBAINU #Binance #crypto2023