Shiba Inu (Shib)
@shiba
Admin: @cryptomanagers1
Shiba Inu (Shib) (English)
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10 Feb, 17:23
Other Altcoins
According to Santiment, 46 percent of Ethereum (ETH) is held by the top ten largest wallets, which also poses a considerable threat. Meanwhile, Chainlink (LINK) and Toncoin (TON) have a more evenly spread of the total supply with whale investors of about 33.1 percent and 32.8 percent respectively.
According to Santiment, 46 percent of Ethereum (ETH) is held by the top ten largest wallets, which also poses a considerable threat. Meanwhile, Chainlink (LINK) and Toncoin (TON) have a more evenly spread of the total supply with whale investors of about 33.1 percent and 32.8 percent respectively.
10 Feb, 13:23
According to on-chain data analysis by Santiment, Shiba Inu (SHIB), the leading memecoin on the Ethereum (ETH) ecosystem, has the highest level of whale control in the top altcoins. Specifically, 61.3 percent of the total circulating supply holdings is held by the top 10 largest wallets.
With over 41 percent of SHIB’a total supply already burnt, 61.3 percent of the remaining 59 percent is a big proportion in the hands of whale investors. According to Santiment, the huge control of SHIB by whale investors is a double-edged sword that every retail trader should closely monitor.
On one hand, the huge control of SHIB by whale investors instills confidence in the dog-themed memecoin. On the other hand, a potential selloff by the whales could be catastrophic for the memecoin.
10 Feb, 10:22
The altcoin industry has been solving the decentralization aspect of the blockchain trilemma for the past years. With the scalability and security aspects having been solved through layer one and layer two chains, the distribution of altcoins to achieve higher decentralization has been a work in progress in most projects.
The use of play-to-airdrops (P2A) has gained significant momentum in the GamiFi sector. However, the control of altcoin projects by whale investors remains evident in most tokens.
09 Feb, 17:22
According to Changelly, SHIB may reclaim the $0.00002 level in April 2025. The platform anticipates the asset to trade at a maximum price of $0.0000224 in April. Hitting $0.0000224 from current price levels will entail a rally of about 41.15%.
SHIB will likely regain momentum when the larger crypto market recovers. With global trade wars and an unpleasant macroeconomic environment, the crypto market may continue to stagnate. If the Fed announces an interest rate cut, SHIB and other crypto assets could see some positive momentum.
09 Feb, 13:22
Despite the big purchase, SHIB continues to stagnate. The asset is down 2.4% in the daily charts, 14.6% in the weekly charts, 19.9% in the 14-day charts, and 33.6% over the previous month. Despite the massive correction, SHIB has maintained some gains in the yearly charts, rallying 78.9% since January 2024.
SHIB follows the current market downtrend. The latest market dip was likely a reaction to the US imposing new taxes on Canada and Mexico. The market recovered slightly after the US announced that it would pause tariffs for 30 days.
SHIB’s lackluster performance could also be due to macroeconomic factors. The Federal Reserve has taken a hawkish stance with its monetary policy for 2025. Investors may be weary of investing in risky assets, especially memecoins.
09 Feb, 10:19
According to cryptocurrency analysis firm Arkham Intelligence, a whale wallet has purchased 131 billion Shiba Inu (SHIB) coins. The tokens are worth around $2.16 million. The wallet previously held 149.997 Ethereum (ETH), currently valued at roughly $420,000. The whale does not have any other cryptocurrency right now, apart from its recent SHIB purchase.
08 Feb, 17:18
🚨REMEMBER 🚨
Success is not final, failure is not fatal: It is the courage to continue that counts 💎👊🏼
🐶 #Shibarmy things are brewing 📈💥
Success is not final, failure is not fatal: It is the courage to continue that counts 💎👊🏼
08 Feb, 13:18
Note that no single person has authority over $SHIB. Be cautious, DYOR 🧐
Always ask whether the information promoted is trustworthy!
Who’s the people behind the initiative? Is this legit or just a hype! Either way be CAREFUL! 👊🏼
08 Feb, 10:17
This will escalate to the entire #crypto space benefiting everyone especially the #Shibarmy!
🇺🇸 TRUMP’S CRYPTO CZAR JUST SAID THE FIRST THING WE ARE GOING TO LOOK IS THE STRATEGIC #BITCOIN RESERVE 🤯
IT’S FINALLY HAPPENING 🚀
07 Feb, 17:22
Dips are for getting ahead of the game 🚀
07 Feb, 14:29
What's next for Shiba Inu?
Shiba Inu fell drastically yesterday, hitting lows of $0.0000116 after reaching highs of $0.0000169. At the time of writing, SHIB had marginally recovered and was up 6% in the last 24 hours to $0.00001542.
If SHIB sustains its rebound, a break above its daily moving averages of 50 and 200 at $0.00001927 and $0.00002119 might lead to more gains. However, if selling pressure returns, SHIB may need to defend the support near $0.000011 to avoid more losses. With large holder inflows skyrocketing, SHIB holders are keeping a careful eye on whether the current rebound can last much longer. Will this lead to a larger breakout or just a brief rebound? Time will tell.
Shiba Inu fell drastically yesterday, hitting lows of $0.0000116 after reaching highs of $0.0000169. At the time of writing, SHIB had marginally recovered and was up 6% in the last 24 hours to $0.00001542.
If SHIB sustains its rebound, a break above its daily moving averages of 50 and 200 at $0.00001927 and $0.00002119 might lead to more gains. However, if selling pressure returns, SHIB may need to defend the support near $0.000011 to avoid more losses. With large holder inflows skyrocketing, SHIB holders are keeping a careful eye on whether the current rebound can last much longer. Will this lead to a larger breakout or just a brief rebound? Time will tell.
07 Feb, 10:29
Dog-themed cryptocurrency Shiba Inu (SHIB) shows signs of rebounding following a sharp sell-off in Monday's trading session.
SHIB has recovered 7% in the last 24 hours, coinciding with a massive 553% increase in large holder inflows, which refers to funds entering into whale addresses. According to IntoTheBlock data, Shiba Inu saw a sharp spike in large holder inflows, skyrocketing from 1.27 trillion SHIB on Feb. 2 to 6.51 trillion SHIB on Feb. 3.
The surge in large holder inflows suggests that whales might be moving funds into SHIB, possibly in anticipation of dip buying. This comes amid the recent crypto market sell-off, which saw meme coins lose considerable value.
The surge in large holder inflows suggests that whales might be moving funds into SHIB, possibly in anticipation of dip buying. This comes amid the recent crypto market sell-off, which saw meme coins lose considerable value.
The crypto market’s total value slid by about $360 billion at one point on Monday, according to CoinGecko data. Large dips, while seemingly paradoxical, are really beneficial to cryptocurrency markets in the long run. Drops help to decrease market excess, flush out weak hands and create a more stable platform for future price increases. Large sell-offs from liquidations frequently drive cryptocurrency markets to bounce because they produce a cascade of forced selling, followed by a sudden lack of selling pressure and an infusion of opportunistic buyers.
06 Feb, 14:28
Even when one coin is limping, there's no contest here
Up 75% during the past 12 months, Shiba Inu is a meme coin that's making real money for some of its investors. There's no way that trend will ever change, right, so it's obviously a better purchase than Ethereum?
Don't be so sure, because the percentage gain figure doesn't tell much of the story here. If you bought Shiba Inu in early March 2024, right when its price was surging, you'd have lost more than half of your money within five months. If you are like most investors, you would have then sold your tokens at a loss, thereby missing the coin's recovery to its current price level -- where you'd still be deeply underwater. Worse, once again if you are like most investors, you'd be tempted to buy back in when the price starts to surge in the near future, only to see the value fall out from under it once again, in all probability.
More important than its short-term price action, the most difficult thing about investing in Shiba Inu is that there isn't really an investment thesis for why the coin should go up (or down) over time. While it's true that it's correlated to the price of Ethereum, that isn't a reason to buy Shiba Inu in and of itself, as many other assets share similar correlations, especially if they're coins hosted on Ethereum's network, as Shiba Inu is.
It's hard to imagine why someone would invest in this coin, except in hopes that it someday goes to the moon. But without a real catalyst in store that's specific to the coin and not cryptocurrency as a whole, there simply isn't much reason to invest in this crypto, except out of a misplaced fear of missing out (FOMO).
Turn this story on its head. Rather than being afraid of missing out on big gains with Shiba Inu, be afraid of taking on the significant risks that it entails as a meme coin. Within that framework, Ethereum is (again) obviously the better place to invest $2,000, as there's a vastly lower chance of ending up with $1,000 or less just a few months after your purchase.
Should you invest $1,000 in Ethereum right now?
Before you buy stock in Ethereum, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Ethereum wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $714,954!*
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Up 75% during the past 12 months, Shiba Inu is a meme coin that's making real money for some of its investors. There's no way that trend will ever change, right, so it's obviously a better purchase than Ethereum?
Don't be so sure, because the percentage gain figure doesn't tell much of the story here. If you bought Shiba Inu in early March 2024, right when its price was surging, you'd have lost more than half of your money within five months. If you are like most investors, you would have then sold your tokens at a loss, thereby missing the coin's recovery to its current price level -- where you'd still be deeply underwater. Worse, once again if you are like most investors, you'd be tempted to buy back in when the price starts to surge in the near future, only to see the value fall out from under it once again, in all probability.
More important than its short-term price action, the most difficult thing about investing in Shiba Inu is that there isn't really an investment thesis for why the coin should go up (or down) over time. While it's true that it's correlated to the price of Ethereum, that isn't a reason to buy Shiba Inu in and of itself, as many other assets share similar correlations, especially if they're coins hosted on Ethereum's network, as Shiba Inu is.
It's hard to imagine why someone would invest in this coin, except in hopes that it someday goes to the moon. But without a real catalyst in store that's specific to the coin and not cryptocurrency as a whole, there simply isn't much reason to invest in this crypto, except out of a misplaced fear of missing out (FOMO).
Turn this story on its head. Rather than being afraid of missing out on big gains with Shiba Inu, be afraid of taking on the significant risks that it entails as a meme coin. Within that framework, Ethereum is (again) obviously the better place to invest $2,000, as there's a vastly lower chance of ending up with $1,000 or less just a few months after your purchase.
Should you invest $1,000 in Ethereum right now?
Before you buy stock in Ethereum, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Ethereum wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $714,954!*
Now, it’s worth noting Stock Advisor’s total average return is 895% — a market-crushing outperformance compared to 176% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor.
06 Feb, 11:27
Deciding between a major cryptocurrency like Ethereum (ETH 6.82%) and a meme coin like Shiba Inu (SHIB 5.85%) should be an easy choice for most investors. But, for whatever reason, the temptation of going for the higher-risk play lives eternal, and with it, the chance of allocating your capital inefficiently.
So which of these two tokens is a better place to invest $2,000 and why? Let's hash it out by looking at the most likely scenarios for each.
This coin is looking a bit sleepy
It hasn't been an easy time to hold Ethereum, even though it's one of the largest and most serious cryptocurrency chains out there, with a market cap of about $400 billion. Its price was little changed during the past six months, and the chain is undergoing a shakeup of its senior leadership to focus more on technical capabilities as well as expanding its project ecosystem.
The chain's long-standing challenges, like high gas (user) fees, slow transaction times, and the need for a fairly technical background to do much of anything with its smart contracts and other features, remain almost as difficult as they have ever been. That means those long-standing headwinds to adoption are still blustering. During the next couple of years, however, the new management team could potentially make some headway on these issues.
At the same time, the crypto has a few potential tailwinds. With the recent approval of exchange-traded funds (ETFs) holding Ethereum alone, as well as ETFs with Ethereum and other major cryptocurrencies, the chain is exposed to inflows of new capital from the traditional financial sector, which could be a driver for higher prices in the long term. What's more, with the new Trump administration likely to take a pro-cryptocurrency stance, the Securities and Exchange Commission may adopt favorable policies for the chain's growth.
So, while Ethereum isn't exactly ascendant right now, it's far from failing, and there's ample reason to be optimistic about its price rising during the coming years.
05 Feb, 16:24
The Shiba Inu ecosystem has continued to stabilize prices, as recently seen by the 847% spike in burn rate. The community incinerated 31,010,900 SHIB, with over one billion sent to dead wallets within the last seven days.
Meanwhile, the ecosystem is anticipating the announcement that Shytoshi Kusama, Shiba Inu’s lead figure, promised is on the horizon. Kusama teased groundbreaking news, with users expecting this to impact the price of SHIB. In the meantime, market participants remain observant and monitor development with the dog-themed meme coin.
05 Feb, 14:23
Shiba Inu (SHIB), the dog-themed meme coin, has significantly developed on the broader cryptocurrency market. There has been an upsurge in trading volume as over 10 trillion SHIB tokens have hit Binance, the largest crypto exchange, in the last 24 hours.
SHIB: Potential sell-off or strategic positioning?
According to CoinMarketCap data, 10,423,720,000,000 SHIB hit the exchange as market participants positioned themselves for likely profit-taking beyond regular trading activities. The sheer volume traded on Binance suggests that Shiba Inu traders prefer the liquidity on the platform. If this is the case, the traders might be preparing to sell as such a large volume signals a fright-or-flight response by SHIB holders.
However, it could also mean that the traders want to stake a part of their SHIB tokens. Beyond these, Shiba Inu traders may just be shuffling assets. As of this writing, the SHIB price was trading up by 6.83% at $0.00001571 in the last 24 hours. This signals a rebound as the meme coin attempts to climb back to the $0.000018 level. Analysts maintain that if supported by bullish sentiment on the market, SHIB could achieve its rebound journey to higher levels. In the past 24 hours, SHIB has fluctuated between a low of $0.00001408 and a high of $0.00001691 as it struggles to gain more ground.
05 Feb, 11:16
The White or the Black dog?
$SHIB is on the right track 📈🚀
Enjoy the pump! Share the joy 🤩!!!
Let’s gooo💎👊🏼🚀
05 Feb, 06:18
🇦🇪🐶 The UAE Government and Shiba Inu have entered into a partnership to promote innovation and growth of Web3 in the country.
04 Feb, 16:13
#Shibarmy Be careful out there 💎👊🏼
You know what to do when there’s fear in the market! Accumulate ‼️
04 Feb, 11:04
Shiba Inu’s lead developer, Shytoshi Kusama, has dropped a bombshell. He hinted at a powerful partnership that could shake up the entire Shibarium ecosystem and the broader crypto space. In an X post yesterday, Kusama revealed that an announcement was on the horizon. While details remain scarce, expectations are sky-high.
Kusama’s follow-up post clarified that the upcoming partnership will impact all major Shibarium projects. That includes SHIB, LEASH, TREAT, and BONE. He also noted that the deal could extend its influence beyond Shiba Inu’s ecosystem, affecting the larger crypto industry.
This news follows Shiba Inu’s recent collaboration with Astra Nova. Announced in mid-January, that partnership focused on merging Web3 gaming, artificial intelligence, and community-driven projects. But this new deal, according to Kusama, is on another level.
Since its debut in August 2020, Shiba Inu has grown far beyond its origins as a meme coin. Key alliances have been instrumental in this transformation, helping the ecosystem expand its real-world utility. By forging strategic partnerships, Shiba Inu has strengthened its infrastructure, broadened its technological capabilities, and established itself as more than just a community-driven token.
The ecosystem has collaborated with several leading blockchain projects to enhance its development. Bad Idea AI merges artificial intelligence with blockchain, while Unification provides the foundational support for Shibarium. K9 Finance contributes to the decentralized finance (DeFi) sector, and Chainlink plays a vital role in offering reliable decentralized oracles. Additionally, Zama.ai focuses on integrating privacy-centric AI solutions, further elevating Shiba Inu’s technological reach.
These partnerships have expanded SHIB’s utility and helped it gain credibility in the crypto world. With Kusama now teasing a deal of “extreme power,” speculation is mounting on what’s next.
03 Feb, 16:03
Shiba Inu became notable in 2021 as a meme coin used as a community project. The Shiba Inu ecosystem has since grown, with a decentralized exchange, metaverse, NFTs, and more.
With dedicated supporters driving its ongoing acceptance, SHIB remains a top-20 cryptocurrency by market capitalization despite volatility. To provide exponential returns by 2026, SHIB would need a significant price rise, which may be connected to ecosystem developments and general acceptance of its use.
Analysts suggest that SHIB might revisit or exceed its all-time high as large burns steadily lower its supply. However, SHIB’s reliance on speculative trading and market sentiments makes its road to massive and sustainable returns not without hazards.
03 Feb, 13:03
Investing in cryptocurrencies has always been about timing, patience, and spotting initiatives with exponential development promise. Among the tokens attracting investor attention are Shiba Inu (SHIB), a meme coin phenomenon, and Rexas Finance (RXS), a novel token targeting real-world asset (RWA) tokenization and DeFi innovation.
Although the volatile world of cryptocurrencies offers no certainties, both coins show convincing arguments for large gains under the correct market conditions.
02 Feb, 17:19
The Shiba Inu ecosystem is expanding, with SHIB, LEASH, BONE and TREAT playing key roles. The TREAT token debuted on Jan. 14, 2025, first launching on Ethereum, with plans to bridge it to Shibarium and other layer-2 solutions in the future.
In December, Shiba Inu (SHIB) adopted the Chainlink Cross-Chain Token (CCT) standard, integrating Chainlink’s Cross-Chain Interoperability Protocol (CCIP) for blockchain interoperability as its canonical cross-chain infrastructure. The Shiba Inu ecosystem just made a huge step toward increased adoption with the launch of an upgraded Swap and Bridge platform on Shib io. This new capability intends to create a tapestry of cross-chain interactions that connect Shibarium to users on various blockchains.
02 Feb, 12:58
The Shiba Inu community has been issued an important clarification by Shiba Inu developer Kaal Dhairya. In a tweet, Dhairya addressed growing speculation and misinformation regarding Shiba Inu's tokens — SHIB, LEASH, BONE, TREAT — allegedly being available on the Solana blockchain.
This message is an important warning to the Shiba Inu community, especially given the growing popularity of cross-chain projects and multi-chain token scams.
Shiba Inu and the Shibarium network are Ethereum-based. The Shiba Inu ecosystem includes SHIB, the native token; Leash; Bone, Shibarium's gas token; and TREAT.
This alert serves as a reminder for the crypto community to rely on official channels for updates and information about the Shiba Inu ecosystem. It also highlights the importance of staying vigilant against potential scams or misinformation in the crypto space. In a recent blog post, Dhairya stated that rather than waiting for users to migrate to Shibarium, Shiba Inu aims to bring Shibarium to every chain possible — while keeping it as the hub for settlement, governance and synergy across all networks. While Shiba Inu is exploring various innovations including Shibarium, Dhairya’s clarification confirms that any official move toward multi-chain deployment would be disclosed publicly via Shiba Inu's main website or trusted means.
31 Jan, 17:52
We can do much better! 🚀🚀
30 Jan, 13:57
The latest SHIB price is trading at $0.00002009, showing a slight decline of 1% in the past 24 hours. The meme coin has been consolidating near a key support level of $0.00002000, with limited price movement.
SHIB recently attempted a breakout but failed to sustain momentum above $0.000025. The price currently holds above the $0.00002 support, which has been tested multiple times.
A breakdown below this level could push the Shiba Inu price forecast toward the next major support level, $0.00001500. Conversely, a bounce from this support could lead to a retest of resistance levels at $0.00002500 and $0.00003000. The RSI stands at 45.55, indicating that SHIB is neither overbought nor oversold.
Shiba Inu price remains at a critical juncture as whale accumulation and rising active addresses signal bullish potential. A sustained increase in investor participation could push SHIB toward key resistance levels.
30 Jan, 10:57
SHIB price activity has displayed a significant correlation with active address spikes, as seen in recent metrics. The first chart highlights a consistent pattern: a surge in active addresses following a price drop often triggers a subsequent price recovery.
Historical data reveals how increased network activity propels momentum, possibly hinting at renewed investor interest during lower price points.
The second chart reflects a similar trend, with Shiba bouncing after active addresses spiked on January 1, 2025. The number of active addresses reached 221, reinforcing the trend where heightened participation coincides with price movements. This pattern raises the possibility of another price rally if current address activity sustains upward pressure.
Will SHIB price skyrocket again? Market participants closely monitor these spikes for potential trends, given past recoveries after address surges. The recent uptick suggests renewed network engagement, possibly signaling bullish sentiment.
29 Jan, 16:54
Shiba Inu (SHIB) price looks ready to rebound as crypto markets calm down after the recent market crash. Large holders took advantage of this situation, accumulating 30 trillion SHIB. This move from whales signals confidence as SHIB holds above the key support level of $0.00002. Will SHIB, a dog-themed meme coin, trigger an uptrend.
Can Shiba Inu Price Bounce Whales Accumulate 30 Trillion SHIB?
Shiba Inu price shows signs of potential recovery as top holders have accumulated nearly 30 trillion SHIB tokens. This whale accumulation, observed in recent weeks, indicates a growing interest in long-term holding rather than speculative trading.
The reduced availability of SHIB on exchanges could create favorable conditions for a price surge if buying pressure intensifies.
29 Jan, 13:53
CLICK the link to watch👇
29 Jan, 10:47
At the time of reporting, SHIB price witnessed a gain of nearly 1% and is trading at $0.00002028. The cryptocurrency’s 24-hour low and high were $0.00001954 and $0.00002047, flagging a highly turbulent intraday action. Notably, the broader price chart for the meme coin shows a period of sideways trading, underscoring a consolidation.
However, the abovementioned Shiba Inu burn rate surge and recent developments can push the asset to witness remarkable gains ahead. Intriguingly, a recent SHIB price analysis by CoinGape reveals that it remains vital for the coin to break the key resistance at the $0.00002 level to embark upon a bullish movement.
Besides, it’s also worth mentioning that the meme coin’s price is currently under the 50-EMA, suggesting a bearish trend for the asset. Further, another vital factor remains that 200-SMA at $0.00001925. Given that SHIB breaks below this level, a fall to $0.000018 looms. Traders and investors continue to keep the token on their radars, awaiting significant price action shifts ahead.
28 Jan, 17:44
The renowned dog-themed meme coin Shiba Inu burn rate has again witnessed a remarkable surge on Friday, up roughly 1000%. Recent data provided by the token’s burn tracker indicated that over 6 million coins were permanently removed from the asset’s market supply. In turn, traders and investors anticipate a bullish impact on SHIB price, with their optimism further supported by the latest community developments.
Shiba Inu Burn Rate Blows Up 1000% As Over 6M Coins Destroyed
As per an X post by the burn tracker Shibburn on January 24, the intraday Shiba Inu burn rate spiraled 1041%, propelling market optimism surrounding the meme crypto. Primarily, as 6.7 million tokens were removed from the circulating supply, traders and investors anticipated price gains ahead, mirroring the law of supply and demand.
For context, the meme coin’s burn mechanism sends SHIB tokens to a null address, thereby permanently removing them from the supply. In light of the abovementioned blow, market watchers expect a potential upswing despite the demand remaining the same.
Latest Community Developments Inject Additional Optimism
Simultaneously, it’s worth mentioning that the leading meme coin‘s community has also secured a landmark achievement recently. The introduction of ShibOS, a blockchain-based operating system, has emerged as a revolutionary action in the Web3 space.
Notably, the SHIB community introduced ShibOS, offering users seamless Web2 to Web3 transition opportunities for various use cases. This advancement, coupled with the Shiba Inu burn rate surge, has birthed noteworthy bullishness over the meme-themed asset’s long-term forecast.
28 Jan, 13:42
🚨BE INSPIRED🚨
🐶 Let us know in the comments, how this video resonates your #crypto journey as #ShibArmy
A MUST WATCH Video
A MUST WATCH Video
28 Jan, 11:04
Mark Cuban Commends Shiba Inu’s Community
During an appearance on January 21, Mark Cuban pointed out that meme coin success comes from having involved communities like Shiba Inu and Dogecoin. Success in the meme coin market depends on community engagement as demonstrated by Dogecoin Shibu Inu and select others. The project succeeds because we serve the community for the long run.
Shytoshi Kusama quickly replied to Cuban’s post by fixing the coin spelling and noted that SHIBA INU is the correct name. Kusama invited Mark Cuban to participate in a brief call to understand how their project combines actual technological advancement with its passionate community.
This exchange has sparked new interest in Shiba Inu’s future since it focuses on both its active community network and active project updates.
Cuban Criticizes New Meme Coin Trends
Before discussing his thoughts about Shiba Inu Mark Cuban addressed his doubts about the TRUMP token and other fresh meme coins that started trading recently. Mark Cuban pointed out serious problems with the token design since he did not trust its legitimacy.
On X Mark Cuban shared ideas about establishing his variant of the meme coin market. He shared he planned to direct profits from his token toward America’s treasury fund to increase interest in his speech. Even though Cuban focused on market trends his acknowledgment of Shiba Inu helped establish its role as a leading meme coin in the crypto market.
Shiba Inu Price Movement Amid Market Sentiment
Shiba Inu prices fell even though Cuba gave it positive attention during that day. The current market value for SHIB shows $0.00001979 and has dropped 6% during the past day. Trading values for the token moved from $0.00001968 to $0.00002194 throughout the day.
Prices across cryptocurrencies moved differently that day while buyers maintained their watchful attitude toward Shiba Inu. Market players stay optimistic because the community believes more updates will drive the project forward.
Shytoshi Kusama Teases Upcoming Advancements
Kusama stated the Shiba Inu project will undergo major changes during the upcoming seven-day period. The community started guessing what new developments could shape SHIB’s price movement.
Market analysis shows Shiba Inu might achieve a new all-time high because more investors feel positive about cryptocurrencies while the market grows. Investors keep watch on the meme coin operations to detect strong price shifts.
People across the Shiba Inu and meme coin space consider how user communities interact with these digital assets to help them advance in the market.
27 Jan, 16:03
‘Shib Spain,’ a popular SHIB supporter on X, has predicted that a massive pump could be on the horizon for the meme coin. The analyst connects Ethereum’s price action with Shiba Inu’s, sharing a detailed chart that showed instances when ETH experienced a price reversal and underwent a significant rally.
Although the meme coin was not indicated on the chart, the analyst’s mention likely ties his projected SHIB price pump to an increase in ETH. This suggests that if Ethereum experiences a price surge, altcoins like Shiba Inu could follow suit, potentially sparking a significant uptrend.
27 Jan, 11:02
On-chain data has unveiled an impressive surge in the Shiba Inu burn rate, skyrocketing by more than 600% in just one day. This sharp rise in token burns indicates a growing interest in decreasing the overall supply of SHIB. Moreover, it has raised the possibility that the SHIB price could follow suit, as increased token burn often influences a cryptocurrency’s price movements.
Shiba Inu Burn Rate Skyrockets Over 600%
Shibburn, the official Shiba Inu token burn tracker, has just reported a dramatic increase in burn rate, with over 3.24 million SHIB tokens permanently removed from circulation. The tracking platform revealed that the SHIB token burn rate shot up by approximately 612.78% in less than 24 hours. This spike represents one of the most significant one-day increases in recent weeks.
Typically, a surge in a token’s burn rate is largely attributed to community-led initiatives focused on reducing the cryptocurrency’s supply and potentially inducing scarcity. Considering the large size and strong dedication of the Shiba Inu community, it’s not uncommon to see occasional spikes in burn rates. The community has been a strong advocate for token burns, believing that a supply reduction could trigger a price surge for SHIB.
Despite the latest burn and substantial decrease in SHIB’s circulating supply, the meme coin’s price has yet to demonstrate any significant upward movement. In fact, Shiba Inu appears to be on a downtrend, as CoinMarketCap reports a 1.6% decline in the last 24 hours and a previous 9.3% drop over the past week.
Currently, the price of SHIB is trading at $0.00002, experiencing no recent increases, while its 24-hour trading volume has crashed by 46.33%. Nevertheless, this lack of immediate price action and present bearish conditions does not rule out the potential for a future rally in Shiba Inu.
Supporting this possibility of a bull trend driven by heightened token burns, crypto analyst Rananjay Singh commented on the recent 612% spike in the Shiba Inu burn rate on X (formerly Twitter). Singh explained that when a cryptocurrency’s supply declines and demand stays strong, prices tend to increase significantly.
The analyst suggests that increased token burns, upcoming updates in the Shiba Inu ecosystem, and the growing excitement among community members could potentially trigger substantial gains for the meme coin in 2025.
26 Jan, 17:02
XRP Community Gets Important Warning on New Threat, BlackRock CEO Suggests Bitcoin Price Might Reach $700,000, Shiba Inu Burns Jump by 5,785%: Crypto News Digest by U.Today
XRP community gets important warning on new threat: Details
XRPScan, a popular XRP Ledger Explorer, has recently issued an important warning for the XRP community on the X platform. The warning concerns speculations about an XRP account allegedly linked to the U.S. Treasury. The platform urged users to exercise caution and to "do their own due diligence before trusting, buying, or selling tokens on the public ledger." XRPScan emphasized that, like any public blockchain, anyone can create an account on the XRP Ledger and set the fields to whatever they like, and that explorers serve as neutral platforms that do not censor information unless absolutely necessary. In light of these concerns, XRPScan flagged the suspect account as spam as a temporary measure.
BlackRock (NYSE:BLK) CEO suggests Bitcoin price might reach $700,000
During a discussion with Bloomberg’s Francine Lacqua at Bloomberg House in Davos, BlackRock CEO Larry Fink stated that Bitcoin's price could rise to $700,000 with broader institutional adoption. Fink shared insights from a recent conversation with a sovereign wealth fund; the fund was asking the BlackRock boss whether it should have a 2% allocation or a 5% allocation. "If everybody adopted this conversation, it would be $500,000, $600,000, $700,000 per Bitcoin…I am not promoting it by the way. That is not my promotion," he said. As previously reported by U.Today, Fink consistently argued that Bitcoin may serve as an alternative to gold, as well as a hedge against currency debasement and political instability. According to SoSoValue, BlackRock's iShares Bitcoin Trust ETF has now exceeded $60 billion in net assets.
SHIB burns skyrocket 5,785%
According to recent data by Shibburn, the SHIB community disposed of over 3.2 million SHIB tokens in the previous 24 hours. Thanks to their actions, the burn rate of the dog-themed meme crypto increased by 5,785%. However, despite this substantial spike in burn activity, the price of SHIB has remained relatively stagnant. Over the past week, the total amount of SHIB destroyed reached approximately 63.3 million tokens, although, compared to the previous week, the burn rate has seen a drop of 6.81%. On Jan. 21, SHIB experienced a temporary price surge of 7.71%, reaching $0.00002126, but it then plunged by 3.85% to $0.00002043. This price fluctuation appears to be correlated with movements of Bitcoin, which also reached a recent high before experiencing a decline. Earlier today, SHIB lost its crucial $0.00002 level, but the token eventually managed to return it, currently trading at $0.00002035, per CoinMarketCap.
XRP community gets important warning on new threat: Details
XRPScan, a popular XRP Ledger Explorer, has recently issued an important warning for the XRP community on the X platform. The warning concerns speculations about an XRP account allegedly linked to the U.S. Treasury. The platform urged users to exercise caution and to "do their own due diligence before trusting, buying, or selling tokens on the public ledger." XRPScan emphasized that, like any public blockchain, anyone can create an account on the XRP Ledger and set the fields to whatever they like, and that explorers serve as neutral platforms that do not censor information unless absolutely necessary. In light of these concerns, XRPScan flagged the suspect account as spam as a temporary measure.
BlackRock (NYSE:BLK) CEO suggests Bitcoin price might reach $700,000
During a discussion with Bloomberg’s Francine Lacqua at Bloomberg House in Davos, BlackRock CEO Larry Fink stated that Bitcoin's price could rise to $700,000 with broader institutional adoption. Fink shared insights from a recent conversation with a sovereign wealth fund; the fund was asking the BlackRock boss whether it should have a 2% allocation or a 5% allocation. "If everybody adopted this conversation, it would be $500,000, $600,000, $700,000 per Bitcoin…I am not promoting it by the way. That is not my promotion," he said. As previously reported by U.Today, Fink consistently argued that Bitcoin may serve as an alternative to gold, as well as a hedge against currency debasement and political instability. According to SoSoValue, BlackRock's iShares Bitcoin Trust ETF has now exceeded $60 billion in net assets.
SHIB burns skyrocket 5,785%
According to recent data by Shibburn, the SHIB community disposed of over 3.2 million SHIB tokens in the previous 24 hours. Thanks to their actions, the burn rate of the dog-themed meme crypto increased by 5,785%. However, despite this substantial spike in burn activity, the price of SHIB has remained relatively stagnant. Over the past week, the total amount of SHIB destroyed reached approximately 63.3 million tokens, although, compared to the previous week, the burn rate has seen a drop of 6.81%. On Jan. 21, SHIB experienced a temporary price surge of 7.71%, reaching $0.00002126, but it then plunged by 3.85% to $0.00002043. This price fluctuation appears to be correlated with movements of Bitcoin, which also reached a recent high before experiencing a decline. Earlier today, SHIB lost its crucial $0.00002 level, but the token eventually managed to return it, currently trading at $0.00002035, per CoinMarketCap.
26 Jan, 14:04
Meanwhile, the Shiba Inu lead reacted to Cygaar’s concern regarding the Ethereum Foundation’s lack of outreach and support. However, Kusama shared his opinion as a response to Rudolf in an effort to get his attention
In the post, Kusama used the opportunity to highlight Shiba Inu’s key achievements. In particular, he noted that Shibarium, Shiba Inu’s Ethereum-based Layer-2 blockchain, has processed more than 800 million transactions.
Furthermore, Kusama suggested that Shiba Inu is onboarding more users to Web3 using its full tech suite. Based on these incredible milestones, Kusama emphasized that Shiba Inu is more than a meme coin, suggesting that the cryptocurrency is a serious project with notable contributions to Ethereum and the broader crypto market.
The development follows a similar complaint Kusama made about Ethereum co-founder Vitalik Buterin ignoring his requests for a conversation.
Kusama’s efforts to discuss with Buterin have ended in futility, including a recent attempt when he sought the Ethereum Foundation’s support to give SHIB true global adoption.
26 Jan, 10:59
Ethereum Foundation Promises to Improve Communication Between L1 and L2
Interestingly, Joshua Rudolf, Head of Research and Development at Ethereum Foundation, responded, noting that he had sent a private message to Cygaar.
According to Rudolf, there is a need for improvement in collaboration and communication between Ethereum Layer-1s and Layer-2s.
The Ethereum Foundation exec noted that improving the communication and collaboration between L1 and L2 will be his key focus in the future.
Interestingly, Joshua Rudolf, Head of Research and Development at Ethereum Foundation, responded, noting that he had sent a private message to Cygaar.
According to Rudolf, there is a need for improvement in collaboration and communication between Ethereum Layer-1s and Layer-2s.
The Ethereum Foundation exec noted that improving the communication and collaboration between L1 and L2 will be his key focus in the future.
25 Jan, 16:58
Shytoshi Kusama, the Shiba Inu ecosystem lead, highlights SHIB’s achievements while reacting to complaints about Ethereum Foundation’s limited engagement with developers.
According to a recent X post, Cygaar, a blockchain developer and Abstract Chain contributor, expressed frustration with the Ethereum Foundation for not engaging with him or any of the Abstract Chain team members despite the project’s significant contributions to the Ethereum ecosystem.
The developer noted that this communication is imperative to help both teams figure out how best to help one another. Notably, Cygaar mentioned that Abstract chose to build a Layer-2 blockchain on Ethereum to scale the network. Additionally, he mentioned that most Abstract team members started their journeys as developers through Ethereum.
Furthermore, Cygaar highlighted Abstract’s major achievements, focusing mainly on account abstraction and consumer-friendly user experience feats. Despite the progress made, Cygaar emphasized the importance of having the Ethereum Foundation review Abstract’s work to strengthen its impact.
He called on the new Ethereum Foundation leadership to engage more with developers building on Ethereum, adding that other teams might be facing a similar challenge of neglect.
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