Shiba Inu (SHIB) experienced a sudden 95% collapse in on-chain transactions, dropping from 78,558 to 3,922 transfers in one day. This sharp decline was not caused by exchange activity or market panic, as exchange liquidity froze and SHIB's price remained stable around $0.0000042. Analysts concluded the drop resulted from an isolated automated script running thousands of transactions and then stopping abruptly, likely for technical testing or a large whale redistributing tokens privately. The network quickly returned to normal activity afterward, indicating no broader market impact.
Shiba Inu's community was alerted that legacy domains, including ShibTheMetaverse, have been decommissioned and are no longer managed by the project team. Users are advised to use Shib.io as the official portal for accessing ShibaSwap, Shibarium, and...
Shiba Inu community veteran Mazrael issued a security update reminding users that legacy Shiba Inu domains have been decommissioned and should no longer be trusted. The official portal for accessing the Shiba Inu ecosystem, including ShibaSwap and Sh...
On July 8, Shiba Inu's community burned over 117 million SHIB tokens, marking the largest single-day burn in six months. Despite this significant deflationary event, the SHIB price stayed stable around $0.0000043, showing little reaction. The burn wa...
Bitcoin, XRP, Solana, and Shiba Inu are showing tentative signs of recovery after recent sell-offs, but overall bullish momentum remains weak due to low liquidity and resistance at key moving averages. Bitcoin has rebounded to around $63,000 but face...
XRP's Binance Scarcity Index reached its highest level since 2024 as whales moved coins to non-custodial wallets, tightening supply and supporting price near $1.14. A BitGo whale transferred 114.9 billion Shiba Inu (SHIB) tokens to a new cold wallet,...
