Shibarium Testnet Puppynet Approaches 30 Million Transactions, Boosting SHIB and BONE Prices
Shibarium's testnet "Puppynet" has achieved another milestone with almost 30 million transactions. This indicates an increase in demand for the chain and a potential boost in the prices of SHIB and Shibarium's gas token Bone ShibaSwap in the long term. The number of wallet addresses has also increased to 17,061,835, and the blockchain remains stable with an average block time of 5-7 seconds and a gas fee near 1 Gwei. The transactions rate and wallet addresses are expected to rise with the release of Shibarium's Worldpaper, all Shibarium partners, and TREAT token during the Blockchain Futurist Conference in August.
Shibburn Offers to Burn MrBeast's Revenue in Response to Twitter Challenge
Shibburn has caught the attention of the Shiba Inu community by proposing a counteroffer to MrBeast's challenge, which involves burning SHIB with MrBeast's revenue. MrBeast offered to give his entire Twitter revenue for the upcoming month to the person with the most liked reply to his tweet within 48 hours. Shibburn responded with a proposal that if they win, MrBeast must send the revenue as $SHIB to Shibburn.eth so they can burn it. Shibburn's tweet has gained 547 likes and 51.4k views, while 16,205,792 SHIB tokens were burned in the past 24 hours in just seven transactions.
Bitcoin Dips Below $30,000 After Reaching 13-Month High, Altcoins in the Red Except for DOGE, SHIB, and OP
Bitcoin reached a new 13-month high of almost $32,000 before being rejected and falling below $30,000. Most altcoins are also experiencing losses except for DOGE, SHIB, and OP. Ripple's native token, XRP, experienced significant gains after a judge ruled in favor of the blockchain company in its legal battle against the SEC, but has since retraced. The total crypto market is down by over $30 billion since yesterday.
Shiba Inu (SHIB) Ranks High on CoinMarketCap Amid Investor Interest and Anticipation for Shibarium Launch
July 4 (Cointime) - Shiba Inu (SHIB) has gained significant investor interest, leading to a high ranking on CoinMarketCap, a popular crypto price-tracking platform. SHIB is currently among the top four trending assets on CoinMarketCap, behind STMX, Bitcoin (BTC), and Terra Classic (LUNC).
ShibaSwap's BONE Token Secures New Fiat Listing, While SHIB Burn Rate Drops by 38.52%
June 28 (Cointime) - Guardarian, a fiat on/off ramp, has listed the ShibaSwap Bone (BONE) meme token on its platform, making it easier to purchase with fiat currencies. BONE is a governance token for the official dex of the Shibarium Layer 2 protocol for Shiba Inu, and will also be used for paying gas fees on Shibarium.
Shiba Inu's Shibarium Testnet "Puppynet" Reaches 25 Million Transactions, Boosting Demand and SHIB Price
June 27 (Cointime) - Shibarium's testnet, Puppynet, has achieved a significant milestone of 25 million transactions since its launch on March 11. The increase in network activity is indicative of a growing demand for Shibarium and a potential boost in the price of SHIB in the long term.
SHIB Burn Rate Increases as 101 Million Tokens Removed from Circulation, Lead Developer Compares Shiba to Bitcoin
June 27 (Cointime) - The SHIB community is reducing the circulating supply of Shiba Inu meme tokens, with tens of millions of SHIB being locked out of circulation in the past few days. An anonymous whale burned 79.5 million SHIB in a single transaction, contributing to the burn rate reaching 161%.
Shiba Inu Community Burns Over 341 Million Tokens in Largest Burn Event Since June 10th, Regains 14th Place in Market Capitalization
June 22 (Cointime) - The Shiba Inu Community has burned 341.50 million SHIB in the past 24 hours through five transactions, removing them from circulation forever. This is the largest burn event since June 10th, and Koyo Token and a mysterious wallet emerged as the biggest burners of SHIB.
Shiba Inu Joins Market Rally, Surges Over 3% in 24 Hours
June 21 (Cointime) - Shiba Inu (SHIB) has experienced a 3.28% surge in the past 24 hours, bringing its spot price to $0.000007412 and erasing all losses from the previous week. Despite being a meme coin, SHIB has a vibrant developer community and is actively working on the Shibarium protocol to add value to its ecosystem.
Shiba Inu Retests 2021 Lows Amidst Heavy Macro Headwinds and Selling Pressure
June 15 (Cointime) - The writer's opinion is presented and it is not financial, investment, trading, or other types of advice. SHIB has retested 2021 lows, but short-term selling pressure has eased. Meme-coins like SHIB and PEPE have lost their allure due to macro headwinds in Q2.
