TL;DR Reports emerged on Friday that Shiba Inu’s Shibarium could be hacked following several suspicious transactions. The team provided more updates today, indicating that investors’ funds are safe, and also outlined what has been done already and what the next steps are. SHIB Security Incident After PeckShield flagged the suspicious activity on Friday, the official […]
TL;DR Analysts believe SHIB can soon pump by double and even triple digits. The resurgence of Shiba Inu’s burning mechanism and the sharp rebound in Shibarium activity support the bullish thesis, but the RSI has reached near 70, signaling potential pullback. SHIB to Take Center Stage Again? The second-largest meme coin has not performed well […]
TL:DR; The entire cryptocurrency market has turned red on a daily scale, but as usual, most meme coins have slumped a lot harder. Shiba Inu is among the poorest performers, having dumped by 11% within the past 24 hours to a multi-month low. What’s even more worrying is that SHIB is currently below a crucial […]
TL;DR Shiba Inu’s potential return to the top 10 hinges on expanding its ecosystem, like the continued progress of its L2 scaling solution, Shibarium. However, it faces growing competition from other meme coins. Dogecoin (DOGE), which seems poised for a good year due to Musk’s involvement in politics, remains its biggest rival. The Necessary Factors […]
TL;DR Shibarium has processed over 800M transactions, while the network wallets are beyond two million. Previously, it launched updates for faster blocks and token burning. SHIB’s oversold levels and reduced selling pressure hint at potential recovery despite recent underperformance. Shibarium Keeps Advancing Shiba Inu’s ecosystem expanded substantially in August 2023 when the layer-2 scaling solution […]
TL:DR; Shiba Inu’s largest native token is among those that failed to produce a new all-time high in the current cycle and even plummeted hard since December 8’s peak. However, some technical indicators are now suggesting that the asset’s real breakthrough could be just around the corner. SHIBUSD. Source: TradingView Alongside the rest of the […]
TL;DR The Shiba Inu community was warned about scammers asking for emails related to SHIFU purchases or claims. Users should avoid sharing personal details and verify information only through official channels. Beware, ShibArmy Shibarium Trustwatch recently issued another important alert concerning the Shiba Inu community. The team cautioned that scammers request victims to send them […]
TL;DR Bitcoin dropped from $100K to $94,300 before recovering to $96,800. Despite MicroStrategy’s major BTC purchase, $1.4 billion was liquidated across the market. Ripple’s XRP slumped below $2 at one point, but analysts remain bullish. Some predict a market cap rise to $270 billion. Shiba Inu plunged 25% despite Shibarium reaching 2M wallets and a […]
TL:DR; PEPE continues to make the headlines as it broke its November all-time high yesterday and charted a fresh one following a 20% daily surge. Although it has closed the gap with Shiba Inu in terms of market cap, it’s still pretty significant. However, the question arises of whether it can become the second-biggest in […]
After roughly a week of gains and charting consecutive all-time highs, bitcoin’s run has finally cooled off as the asset was rejected twice at the $90,000 level. As expected, the more volatile by nature altcoins have experienced even more turbulent corrections over the past day, leaving almost 300,000 traders wrecked. Bitcoin/Price/Chart 13.11.2024. Source: TradingView It […]