If $SHIB can stay above the $0.00002 level, we might witness a strong support forming for further gains.

What to Watch:
- Look out for retests of past highs
- A consolidation phase within the marked supply zone could be on the horizon
- Bulls could be gearing up for a push even higher 👀

#SHIBAUSDT #shiba⚡ #ShibaInuCommunity #Trump47thPresident #DOGSONBINANCE

$SHIB

The Shiba Inu community, famously known as the “SHIB army,” is driven by an audacious vision: seeing $SHIB reach the coveted $1.00 mark. What started as a meme coin has blossomed into a movement backed by an enthusiastic and unwavering community.

Key Drivers of SHIB’s Potential Surge: 1️⃣ Powerful Community Support: With one of the most passionate followings in crypto, the SHIB army’s loyalty has continually propelled $SHIB into the spotlight. 2️⃣ Evolving Ecosystem: Beyond memes, SHIB has grown its ecosystem through ShibaSwap, NFTs, and the highly anticipated Shibarium layer-2 blockchain, showcasing real-world utility. 3️⃣ Rising Market Demand: SHIB's increasing market cap signals growing investor interest from both retail and institutional players, boosting its long-term potential.

Can $SHIB Hit $1.00? Achieving $1.00 would require an exponential rise in market cap and demand. While ambitious, it represents more than a financial target; it embodies the power of a community united by a shared vision.

Join the SHIB Revolution 🐾 Whether SHIB hits $1.00 or not, being part of this community means joining one of the most dynamic and engaging movements in the crypto world. Watch SHIB’s developments on Binance and stay connected with the journey that’s rewriting what’s possible in the meme coin space.

More than 100 million SHIB were sent to an address that nobody could access in the past 24 hours.TL;DRShiba Inu experienced a significant token burn, with over 100 million SHIB burned in the last 24 hours, marking a 1,300% increase from the previous day’s burn rate.This program is part of the strategy to reduce SHIB’s supply, with already 41% of the initial supply burned, in efforts to increase the coin’s value over time.Despite the burn, SHIB’s price fell by 4% daily and 3% weekly, in line with the broader crypto market downturn, although the launch of the Shibarium layer-2 solution may provide future price support.The Latest Burn DataThe popular memecoin – Shiba Inu – witnessed over 100 million tokens burned over the past 24 hours. The figure represents an approximate increase of 1,300% compared to the burning rate the day before.The project has adopted such a practice to reduce the overall supply of SHIB and potentially make the asset more valuable in time. According to Shibburn, over 41% of the initial supply has already been sent to an address that nobody could access.Despite the skyrocketing burn figure today, SHIB has been on a downfall in resonance with the entire cryptocurrency market. It plunged around 4% in the last 24 hours (per CoinGecko’s data) and 3% on a weekly basis.#ShibaInuCommunity #ShibaInuPriceForecast

The Bitcoin halving coming in April 2024 is expected to impact the crypto industry significantly. The halving event has always been significant for the crypto market, bringing massive surges for Bitcoin and taking the market to new heights.
Anticipation of this event has already started fueling bull runs around the market, and these could kick into high gear next year as we approach the most anticipated event.
Shiba Inu (SHIB) has enjoyed the surge brought by this excitement. The dog-themed token is currently trading at $0.000009767, down relatively 4% in 24 hours, and up 18% in the past week, according to CoinMarketCap. In light of this, we’ve asked Google Bard, Google’s AI Chatbot, how SHIB will react to the Bitcoin halving event.
Google Bard’s Opinion on Shiba Inu (SHIB) Future
Bard began by discussing the Bitcoin halving. Bard wrote, “Historically, Bitcoin halvings have triggered bullish trends in the broader crypto market, including meme coins like SHIB.”
According to Bard, these surges come because of increased demand for Bitcoin leading to a spillover effect on other cryptocurrencies. Bard also highlights scarcity-driven price appreciation due to reduced supply.
The AI chatbot also points out that the magnitude of the impact on SHIB depends on multiple factors, including overall market sentiment, investor confidence, the performance of other major cryptocurrencies, and the success of SHIB’s projects and developments.
Shiba Inu (SHIB) Price Prediction
With a recent prediction of a 380% surge for SHIB, Bard shares this belief that Shiba Inu (SHIB) is on its way up. Bard provides three predictions for SHIB.
Disclaimer:
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#Shibaprice #ShibaInuCommunity $SHIB

Shiba Inu’s marketing expert Lucie has shared exciting news concerning the integration of Shibarium, the cryptocurrency’s Layer-2 blockchain, on Atomic Wallet. 
Read more on: https://thecryptobasic.com/2023/11/03/shiba-inu-team-shares-exciting-news-regarding-shibarium-integration-by-top-wallet/
#SHIB #ShibaInuCommunity #ShibariumLayer2 #CryptoCurrents

Millions of SHIB were burned in the past week, with 373,715,046 tokens burned in 58 transactions, amounting to $3,269.69. This marked a significant increase from the previous week’s burn, where 259,383,545 SHIB tokens were burned in 66 transactions.
The weekly burn rate, according to Shibburn, was notably higher at 44.06%. In the last 24 hours, a substantial amount of SHIB was burned, although the daily burn rate decreased to 43.54%. Over this period, 20,002,824 SHIB tokens were burned in 19 transactions.

Additionally, the Shiba Inu network achieved a new milestone with a total of 3.65 million addresses, encompassing all created addresses and those still holding SHIB. Out of this, 1.26 million addresses have a SHIB balance.
Over time, the total number of addresses with a balance indicates the interest in holding and investing in a specific cryptocurrency. An increase in addresses with a balance is generally seen as positive, signaling a stronger and expanding user base.
Shiba Inu Unveils Exciting Surprise for Its Community
In the recently concluded week, Shiba Inu introduced the Shib Magazine, serving as a portal to innovative concepts, the latest developments, and intriguing updates from the Shibarium ecosystem and beyond.
The unveiling of the inaugural edition of Shiba Inu’s magazine came with a special offer for early subscribers: 1,000 complimentary NFTs featuring the cover of the first edition.
Now, as the second edition is set to be released, Shiba Inu has a surprise in store for its community—an additional 3,000 free NFT covers for subscribers.
⚠️Disclaimer:
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#ShibaInuUpdate #ShibaInuCommunity $SHIB

In September, the #ShibaInuCommunity removed more than 2.37 billion SHIB tokens from circulation as part of a burning campaign aimed at reducing the number of tokens in circulation and boosting their value.

Data from Shibburn Confirms Astonishing Numbers
According to statistics from #SHIBburn , a platform that tracks Shiba Inu ( #shiba⚡ ) burns, a total of 2,378,422,108 (2.37 billion) SHIB was burned in 131 different transactions throughout September. This month saw a significant increase in the burn rate, rising by 249% compared to August.
Dramatic Burn Rate Increase of 249%
With SHIB currently priced at $0.00001672, the value of the burned tokens is roughly $39,767. September brought a total burn rate increase of 249.36%, which is a substantial difference compared to August, when only 681 million SHIB were destroyed across six transactions.
Significant Token Burns in September
While the community contributed to the burning through 131 transactions, the most substantial impact came from a single transaction by a wallet linked to Binance. On September 26, this unknown user burned 1,872,037,807 (1.87 billion) SHIB in one operation, which at the time was valued at $35,643. This single transaction represented 78.7% of the total burn for the month.
Other notable burns included the destruction of 250 million #SHIB، on September 1, initiated by the Living The Dream (LTD) project as part of their Shib Burn Series campaign. Additionally, on September 16, an unknown wallet moved 25 million SHIB ($332) into Shiba Inu's official dead wallet.
The Community Aims to Boost SHIB's Price
The goal of this mass burning is to reduce the number of tokens in circulation and increase the value of Shiba Inu, which is currently trading at $0.00001672. In September, a total of 2.37 billion SHIB were burned, part of the community's long-term efforts to stabilize and grow the value of this #cryptocurrency .
October Starts Slowly: Daily Burn Rate Down by 92%
While September saw massive burning activity, October has started much more slowly. In the first few days of the month, only 2,941 SHIB tokens were burned, and a total of 2,302,941 SHIB were destroyed in three transactions, valued at $38.5. The daily burn rate dropped by 92.2%, meaning October might be a quieter month for Shiba Inu community activity compared to September.

Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

Shytoshi Kusama, the lead developer of the popular dog-themed digital token Shiba Inu (SHIB), has ignited a wave of anticipation within its dedicated community by announcing an imminent announcement.
This revelation, slated for next week, will unveil a significant development that could solidify the Shiba Inu (SHIB) position at the forefront of Web 3.0 innovation.
Kusama hinted at this announcement, characterizing it as a “year-ending surprise for the army.” This announcement will showcase the project’s unwavering commitment to technological advancement and Web 3.0.
Lucie (@LucieSHIB), a prominent member of the SHIB team, shared Kusama’s words on X. Describing the announcement, Kusama wrote, “It would be a world’s first, proving once again that SHIB is leading innovation in Web 3.”
OKAY @SHYTOSHIKUSAMALET’S BREAK THE INTERNET… NOW FINALLY … PIC.TWITTER.COM/SEW3RMUPR1— 𝐋𝐔𝐂𝐈𝐄 | ✨SHIB.IO✨ (@LUCIESHIB) DECEMBER 14, 2023
While the precise nature of the announcement has not been revealed, Kusama’s words have ignited a vibrant discourse within the Shiba Inu community, with speculation ranging from unveiling groundbreaking new technology to revealing strategic partnerships.
What Could the Announcement Be?
This impending announcement arrives at a pivotal moment for Shiba Inu, following the recent recognition of Kusama as one of the crypto industry’s most influential figures. His visionary leadership and dedication have been instrumental in transforming Shiba Inu from a basic meme coin to a formidable force in the crypto market.
There have also been recent scams within the SHIB community, and this announcement could be a solution to these problems. Adding to the excitement, LUCIE also shared an announcement about a festive “Shibarium Christmas Giveaway Party” slated for December 20.
WE ARE ON TWITTER, FOLLOW US TO CONNECT WITH US :- @TIMESTABLOID1— TIMESTABLOID (@TIMESTABLOID1) JULY 15, 2023
This gathering on X promises to offer a unique opportunity for Shiba Inu enthusiasts to connect with the project’s official partners, celebrate the holiday season, and participate in exclusive giveaways.
Kusama’s announcement could also be related to the ongoing series of three SHIB burns scheduled for December 14, 15, and 16. These targeted initiatives demonstrate the project’s dedication to reducing the overall circulating supply of SHIB tokens, thereby contributing to long-term value appreciation and a more robust financial ecosystem.
SHIB is trading at $0.000009906, up 15.39% in the past month. This announcement could send SHIB up even more, giving the community an explosive December and wonderful festive celebrations. There have also been recent bullish predictions for SHIB, adding credence to the belief that the rest of the year holds good things for the second-largest dog-themed token.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#ShibaInuUpdate #ShibaInuCommunity $SHIB

In a recent post on X, a popular analyst Ali (@ali_charts), highlighted the significant growth of Shiba Inu (SHIB) in recent months despite its relative calm during the altcoin season. Ali noted a 55% increase in SHIB’s value over the past three months, indicating solid momentum.
SHIB’s recent increase in value can be linked to the broader cryptocurrency market experiencing a significant rally in late October and early November 2023, with Bitcoin exceeding $40,000 for the first time in months. This bullish sentiment spilled over to SHIB and the rest of the crypto market.

Following the increase in Bitcoin’s price, there has been a significant increase in the Shiba Inu burn rate. Burning tokens permanently removes them from circulation, potentially reducing supply and increasing demand.
Token burning has been driven by initiatives like the ShibBurn website, the burn mechanism integrated into Shibarium, which recently burned over 8.2 billion SHIB. All these factors have played roles in the recent increases in SHIB’s value.
A Potential Shiba Inu (SHIB) Selloff
While acknowledging the potential for further growth, Ali emphasized a significant resistance zone that SHIB faces, potentially hindering its upward trajectory. Additionally, Ali noted that nearly 90,000 addresses currently hold over 422 trillion SHIB for $0.000016, signifying a concentration of the meme coin.
With these large-scale holders currently holding their SHIB at a loss, they might be pressured to sell, and if they do, the market will become oversupplied with tokens, causing a significant price fall.
There are also many whales in the Shiba Inu community, as the last few months have seen multiple transactions of over 4 trillion SHIB. Some of these whales might be looking for an opportunity to sell and SHIB’s current increase could be the perfect opportunity.
In seven days, SHIB saw an impressive 18% increase, leading to deleting a zero, but has since lost the surging momentum and now trades below $0.00001. However, Shiba Inu’s 24-hour trading volume showcases a steady interest from investors.
As expected, the fear of these wallet holders dumping their tokens when the price of SHIB drops injects uncertainty and doubts about SHIB’s bullish run. Whether Shiba Inu can overcome this obstacle and continue to grow is currently the question users of the token are seeking an answer to.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#ShibaInuCommunity #shibaburn $SHIB

XRP and Shiba Inu holders have just received exciting news, as Japanese crypto exchange BitTrade has announced support for lending both cryptocurrencies.
This announcement was made on BitTrade’s official X account, and the initiative marks a significant step forward for XRP and Shiba Inu (SHIB) holders, offering them a new avenue to generate passive income.
Effective November 21, BitTrade’s lending program will be providing a competitive 2% annual interest rate for 90-day loans. This opportunity presents a compelling option for those seeking to maximize the potential of their XRP and SHIB holdings.
BitTrade went into more detail in its official blog post, and to ensure accessibility, BitTrade has established minimum and maximum loan amounts for both XRP and Shiba Inu (SHIB). For XRP holders, the minimum loan is 100 XRP, while the maximum is 500,000 XRP. Similarly, for SHIB holders, the minimum loan is 10,000,000 SHIB, and the maximum is 10,000,000,000 SHIB.
Just over a month ago, BitTrade listed Shiba Inu and Dogecoin to its list of supported cryptocurrencies, expanding the reach of both tokens within Japan, and bringing the total number of cryptocurrencies available on the platform to 34.
XRP Ledger Integration with Credefi Finance
In another significant development, crypto lending platform Credefi Finance has announced an integration with the XRP Ledger (XRPL). Credefi’s groundbreaking integration with the XRPL could usher in a new era in decentralized finance (DeFi).
Leveraging the XRPL’s open-source, energy-efficient blockchain, Credefi brings sophisticated financial products to the DeFi space. The inaugural product facilitates short-term bridge liquidity loans to European SMEs, addressing real-world capital efficiency challenges with a remarkable zero default rate.
In the official blog post, Credifi’s CEO Ivo Grigorov emphasized dedication to pioneering DeFi, ensuring users access secure, flexible, and revolutionary financial solutions.
Credefi is introducing industry-first real-world lending products supporting Gatehub EUR, Gatehub USD, and Bitstamp EUR stablecoins, providing crypto enthusiasts with novel utility and secure investment environments.
Credifi’s CFO Valentin Dimitrov also highlights the company’s commitment to innovation, offering users diverse choices and flexibility in DeFi investments with the highest standards of security and transparency.
Credifi also drew attention to XRPL’s advantages. XRPL is known for unparalleled tokenization, settlement, and liquidity capabilities, enhancing transaction speeds and scalability at an impressive cost of approximately $0.0002 per transaction.
Together, Credefi Finance and XRPL aim to set a new benchmark for DeFi projects, propelling decentralized finance into a universally accessible and adopted future. These developments highlight the growing reach of cryptocurrencies and blockchain technology. Another notable example of this is XRP’s recent landmark adoption in Dubai.
Disclaimer:
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#XRPUpdate #ShibaInuCommunity $XRP $SHIB

Shiba Inu marketing specialist Lucie has debunked recent reports regarding Binance’s decision to delist a SHIB trading pair later this month.
Read more on: https://thecryptobasic.com/2023/11/03/shiba-inu-team-debunks-claims-of-binance-delisting-shib/
#SHIB #ShibaInuCommunity #Crypto #crypto2023 #CryptoNews🔒📰🚫

Notably, Lucie emphasized that the upcoming Doggy #DAO Foundation will legally oversee the DAO. The foundation will ensure that the #ECOSYSTEM team executes the community’s decision, expressed through the DAO voting exercises.

Furthermore, the marketing specialist said the foundation will also perform other functions, such as managing assets within the Doggy Treasury, preventing misallocations, and providing security as well as transparency. 

Shiba Inu’s potential shift to decentralized governance portrays the cryptocurrency as a serious project with a long-term vision.

Roles of Shiba Inu Tokens in Governance 
Per Lucie, the Doggy DAO will be split into four key areas, with #SHIB، , LEASH, TREAT, and BONE serving as governance tokens for each sector.

Notably, $SHIB
will govern the community, while BONE will power Shiba Inu’s technology, including #Shibarium . The upcoming TREAT token will fund and empower all community projects. Lastly, LEASH will offer protection and exclusivity to #ShibaInuCommunity members.

The recent burn of a staggering 410 trillion Shiba Inu (SHIB) tokens has ignited a wave of excitement in the cryptocurrency community. Token burns are a strategic move employed by crypto projects to reduce the circulating supply of coins, creating scarcity and potentially boosting the value of the remaining tokens. In this article, we’ll delve into the implications of this massive SHIB burn for investors, explore its potential long-term impact on SHIB's price, and discuss how this initiative aligns with Shiba Inu’s broader strategy.
What is a Token Burn?
A token burn is a process in which a specific amount of cryptocurrency tokens are permanently removed from circulation by sending them to an unusable address, commonly referred to as a "burn wallet." This action makes the tokens permanently inaccessible, effectively reducing the total supply and fostering scarcity. The underlying principle is simple: as supply decreases, demand may increase, which could drive up the token’s price.
410 Trillion SHIB Burn: The Impact on Supply and Demand
The recent burn of 410 trillion SHIB tokens is monumental, especially considering that Shiba Inu began with a total supply of one quadrillion tokens. This substantial reduction in supply can have several significant effects:
Increased Scarcity
With fewer SHIB tokens available, the fundamental law of supply and demand comes into play. This diminished supply could lead to heightened demand, especially if investor sentiment remains strong or continues to grow.
Potential for Price Growth
One of the primary motivations behind burning tokens is to support long-term price appreciation. By reducing the overall supply, the Shiba Inu team aims to increase the value of the remaining tokens as demand either holds steady or rises. While price movements can be unpredictable, a burn of this magnitude could positively influence SHIB’s value over time.
Boost to Investor Confidence
Burning a large amount of SHIB serves as a powerful signal to the community about the team’s commitment to bolstering the token’s long-term value. For investors, this can translate into renewed confidence in the project, potentially leading to increased holding or even buying of SHIB.
Why Was SHIB Burned?
The decision to burn 410 trillion SHIB is part of a broader strategy aimed at enhancing the ecosystem and delivering long-term value to holders. Such token burns can be a response to community demand, as many SHIB investors have advocated for reducing the token supply to improve price potential. Additionally, this burn aligns with Shiba Inu’s goal of building greater utility around the token through innovative projects like ShibaSwap, the Shiba Inu metaverse, and other upcoming developments.
What Does This Mean for SHIB Investors?
For SHIB investors, the recent token burn is a positive development for several reasons:
Potential for Appreciation
The reduced supply could stimulate increased demand, potentially resulting in a rise in SHIB’s price. However, it’s essential to remember that market conditions, external factors, and investor sentiment will continue to influence the token’s future value.
Strengthening the SHIB Ecosystem
The burn showcases the project’s commitment to the long-term viability of SHIB. As Shiba Inu continues to roll out new use cases—such as decentralized finance (DeFi) and non-fungible tokens (NFTs)—this burn could reinforce the entire SHIB ecosystem.
Long-Term Holding Strategy
Investors who believe in SHIB’s future and opt for a long-term holding strategy may benefit from the reduced supply, potentially enhancing price stability and appreciation over time.
Conclusion
The 410 trillion SHIB token burn is a groundbreaking event for Shiba Inu and its community. By significantly reducing the total supply, this burn paves the way for potential price growth and strengthens the project's long-term outlook. While market conditions will continue to play a vital role in SHIB’s performance, this burn presents a promising development for those invested in the token.
Call to Action
Don’t miss out on the future of Shiba Inu Coin! Create your Binance account now and become an integral part of the SHIB community!
High-Value Hashtags
#ShibaInuBurn #SHIBTokenBurn #SHIBArmy #ShibaInuCommunity #CryptoScarcity $SHIB