Shiba Inu saw a net exchange outflow of about 1.2 billion tokens in 24 hours, but this amount is too small relative to its massive total supply of nearly 1 quadrillion tokens to impact the price meaningfully. Exchange reserves remain high at 87.33 trillion SHIB, and while network activity shows slight improvement, it is insufficient to reverse the token's bearish momentum. For Shiba Inu to recover and challenge higher price levels, consistent and substantial demand is needed beyond these minor token movements.
Bitway surged 13.6% to $0.3030, driven by anticipation of its upcoming network upgrade, boosting its market cap to $819.18 million. Meanwhile, Uniswap dropped 6.9% to $3.22, likely due to regulatory pressures in the DeFi sector. Other altcoins like I...
The official Shiba Inu (SHIB) X account exhibited unusual behavior by following a low-cap meme coin and posting a comment, prompting community concerns of a possible hack or security breach. A prominent community member warned investors to treat any ...
Shiba Inu has burned over 11 million SHIB tokens recently, marking the highest daily burn since late July and indicating renewed network activity after weeks of dormancy. This burn increased the total tokens removed from circulation in the past month...
Shibariumscan, the explorer for Shiba Inu's Layer-2 network Shibarium, reported a sharp drop in displayed transactions from 1.56 billion to about 475 million, a 69.55% decline. This decrease is due to incomplete indexing after a DNS and hosting chang...
The Shibarium blockchain explorer, shibariumscan.io, is back online after downtime but without its usual branding and Shibnames support. The network itself remained operational despite a five-hour outage the previous day, though re-indexing is still ...
