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Shiba Inu News

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Zycrypto

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Shiba Inu Army Eyes Mega Zero Drop as SHIB Burn Rate Skyrockets by 14,000%

  • Shiba Inu (SHIB) experiences a slight surge in price amidst market uncertainty.
  • Bullish signals suggest potential price gains for SHIB, with a target of $0.0000342.
  • The surge in the SHIB burn rate, up by more than 14,000%, contributes to the price increase.
  • Shiba Inu community outlines plans for growth, strategic partnerships, and upcoming network developments.

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TronWeekly

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Shiba Inu’s Burn Rate to Soar Amidst Liquid Staking Platform Launch

  • Shiba Inu partner firm K9 Finance is launching a liquid staking platform for Shibarium.
  • Liquid staking will increase total value locked and transaction volume on the Shibarium network.
  • Burning SHIB tokens reduces supply and could drive up its value.
  • Liquid staking could lead to a price surge for Shiba Inu in the future.

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Crypto-News-Flash

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Shiba Inu Burn Rate Surges Over 14,000%: What This Means for SHIB

  • Shiba Inu burn rate surged over 14,000% in 24 hours, with 32 million tokens burned, boosting community discussions.
  • The burn rate for Shiba Inu (SHIB) tokens has surged by 14,136.14% over the last 24 hours, resulting in the elimination of 32,379,391 tokens.
  • Shibarium, a layer-2 solution, is crucial for reducing the massive supply of SHIB tokens via transaction fee burns.
  • Despite price stagnation, the Shibarium strategy is seen as key to long-term supply reduction and potential value growth.

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Newsbtc

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Shiba Inu Eyes Explosive 430% Climb As Momentum Builds —Analyst

  • Shiba Inu (SHIB) shows strength amid crypto market chaos.
  • Recent breakout from falling wedge pattern indicates potential price rise.
  • Analysts predict a 430% increase with a price target of $0.000081.
  • Mixed signals with cautious sentiment and technical indicators showing rally potential.

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Crypto-News-Flash

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Shiba Inu News: Exec Claims “Not Even Elon Can Pump DOGE” – What Does This Mean for Dogecoin’s Future?

  • A Shiba Inu executive claims that no crypto exchange can pump coins and Elon Musk cannot pump Dogecoin.
  • The executive criticizes centralized exchanges for listing tokens without proper scrutiny, potentially risking investors' funds.
  • The executive suggests focusing on promoting Decentralized Finance (DeFi) instead of paying for exchange listings.
  • The mention of Dogecoin and Elon Musk triggers speculation in the market as Dogecoin's price has declined by 19% in the last 90 days.

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Bitcoinist

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Behind Shiba Inu’s Growth: Team Member Reveals Key To SHIB’s Mysterious Evolution

  • The head of marketing for Shiba Inu, Lucie, revealed that the TREAT token is key to the project's mysterious evolution.
  • TREAT is speculated to unlock Shiba Inu's metaverse and fuel innovation through SHIB's DAO.
  • TREAT will serve as a catalyst for market strategies and attract new users to the platform.
  • Leash holders will play a significant role in SHIB's upcoming DAO by protecting the system and participating in dispute resolutions.

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Cryptopotato

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Shiba Inu Price Prediction: Epic SHIB Bull Run Forecasted But Worrying Signs Appear

  • SHIB's price may soar soon due to technical patterns, reduced selling pressure, and increased token burns.
  • Analysts predict a massive resurgence with a potential 10,000% increase in value.
  • On-chain metrics show a shift towards self-custody methods, reducing immediate selling pressure.
  • However, the stalled progress of the Shibarium network may limit SHIB's growth prospects.

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TronWeekly

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Shiba Inu Eyes Massive Rally: Could Hit $0.00003420 Soon

  • Shiba Inu is displaying signs of a potential bullish reversal from a falling wedge pattern on the daily timeframe.
  • The price surge beyond the upper boundary of the falling wedge could indicate a positive sign for the asset.
  • Potential targets for SHIB after a breakout include $0.00001610, $0.00002010, $0.00002380, $0.00002940, and $0.00003420.
  • However, negative market sentiment and investor behavior may hinder SHIB's ability to capitalize on these opportunities.

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TronWeekly

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Here’s How Dogecoin (DOGE) And Shiba Inu Shiba Investors Are Feeling Following The Market Recovery

  • ETFSwap (ETFS), a blockchain-based crypto ETF trading platform, is gaining momentum in its presale phase.
  • ETFSwap (ETFS) offers the unique option of trading tokenized exchange-traded funds on-chain.
  • Shiba Inu (SHIB) and Dogecoin (DOGE) investors are battling uncertainty and indecision.
  • ETFSwap (ETFS) is attracting investors who anticipate its surge to $5 as the crypto market recovers.

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Newsbtc

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Shiba Inu Whale Action Hints At Explosive 7,000% Growth

  • Shiba Inu (SHIB) has experienced a significant drop in value, losing over 70% from its all-time high of $0.000045.
  • However, recent whale activity has sparked optimism in the market, with whales accumulating over 3 trillion SHIB tokens and withdrawing $4 million worth of SHIB from exchanges.
  • Crypto analyst LuckSide predicts a potential 7,145% increase in SHIB price, reaching $0.001, driven by whale movements and breaching key resistance levels.
  • While short-term predictions remain conservative, some analysts still believe in the long-term potential of SHIB, with predictions of a 10-fold increase.

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Bitcoinik

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Shiba Inu leader says “Elon Musk can’t pump Dogecoin”: an ugly truth about Dogecoin?

  • Shiba Inu leader, Lucie, indirectly criticized Dogecoin supporters who rely on Elon Musk's influence.
  • Lucie stated that the crypto market is heavily manipulated and highlighted the lack of new traders and adoption as negative factors.
  • He encouraged support for the Shibarium ecosystem and emphasized its continuous improvement.
  • Lucie's tweet implied that Elon Musk's influence is now irrelevant for Dogecoin.

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Crypto-News-Flash

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Shiba Inu Supply Stays Unchanged, Devs Announce Major SHIB Burn Plans

  • Shiba Inu's marketing lead reaffirms that developers cannot change the current SHIB supply of 589 trillion despite community requests.
  • Supply reduction can only be achieved by onboarding more users to Shibarium, as a portion of every transaction fee is permanently burned.
  • The debate around Shiba Inu's massive supply stems from concerns that it hinders price growth compared to other cryptocurrencies.
  • The Shiba Inu team clarifies that the supply cannot be tampered with and emphasizes the need for more users and increased burning to reduce supply.

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Bitcoinist

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Shiba Inu Team Members Reveals The Best Way To Burn SHIB And Reduce Supply

  • Lucie, the marketing lead for the Shiba Inu ecosystem, has revealed plans to reduce the token's supply to address concerns about its large supply.
  • The only way to reduce the supply is for users to actively purchase and burn Shiba Inu tokens.
  • Shiba Inu's plan includes building an epic system, attracting a large user base, and utilizing SHIBARIUM daily to burn more SHIB over time.
  • Despite minor efforts to reduce SHIB's overall supply, the cryptocurrency's price has declined, but some believe that as adoption broadens, the price may follow suit.

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Cryptopotato

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Ripple’s (XRP) Price Rally, Bitcoin’s Volatility Amid Trump Assassination Attempt, SHIB Price Outlook: Bits Recap Sep 16

  • XRP gained 7.5% last week, boosted by Grayscale’s Ripple Trust launch and rumors of a Robinhood re-listing.
  • BTC dropped below $60,000 after briefly surpassing $60,500, affected by negative news in the broader market such as the supposed assassination attempt on Donald Trump.
  • SHIB increased by 2% over the week amid a high level of fear, uncertainty, and doubt (FUD) in the ecosystem.
  • Ripple's XRP saw a surge following the launch of Grayscale's Ripple Trust, reaching $0.60, and there are rumors of XRP being re-listed on Robinhood.

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Crypto-News-Flash

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Shiba Inu Prepares for Major Burn: SHIB Supply Reduction Plan Teased by Executive

  • The supply of SHIB tokens cannot be altered due to the actions of its creator, emphasizing the immutable nature of some blockchain decisions.
  • Shiba Inu team member Lucie clarified that the SHIB supply cannot be changed as the keys were burned by its creator, Ryoshi.
  • To reduce the SHIB supply, tokens need to be bought and burned, requiring significant financial resources.
  • Shiba Inu aims to build a system through Shibarium that encourages everyday use, leading to increased SHIB burns and higher token value.

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