Shiba Inu (SHIB) has seen a dramatic 1,034% increase in its daily token burn rate, with over 27 million SHIB tokens burned in the last 24 hours. This surge in burning activity is part of a broader supply reduction effort, as exchange reserves hit yearly lows and large holders move tokens to private wallets. The burn rate jump contributes to a total of over 198 million SHIB tokens burned in the past 30 days, supporting SHIB's deflationary momentum. Despite broader crypto market fluctuations, SHIB's price remains slightly positive, and the community is cautioned about ongoing developments like the upcoming LEASH v2 launch, which is still in development and not yet available for presale or airdrop.
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 ...
Robinhood has enabled cryptocurrency trading for eligible users in the UK, allowing them to buy and sell over 50 digital assets, including Shiba Inu (SHIB), directly within its app. This move provides a new, regulated channel for UK retail investors ...
