Get ready to unleash the latest scoop from the crypto kennel — Shiba Inu is not just barking up the crypto tree; it's climbing it, one milestone at a time!
We’ve got some tail-wagging news for you today! Shiba Inu is not just another pretty face in the meme coin marketplace; it’s a crypto pup on a mission, and it’s smashing records like they’re chew toys.
A Blockbuster Performance on Shibarium
First off, let’s bark about Shibarium, SHIB’s very own layer-2 solution that’s been setting the digital pavement on fire. Since its launch in August, Shibarium has stacked over 1.5 million blocks — a feat that would make any blockchain buff howl with excitement. The network’s not just building blocks; it’s racking up transactions like a pro, with the counter almost hitting that sweet 4 million mark.
Shibarium is now bustling with over 1.2 million unique wallet addresses. That’s right, 1.2 million wallets wagging their tails in unison on Shibarium’s high-speed, low-cost network!
Shib’s Price: Doing the Bullish Boogie
Let’s take a paws and talk numbers. SHIB’s price has been doing the bullish boogie, ticking up 2% in the past week alone, and it’s been spotted doing a happy dance to the tune of a 12% increase over the past fortnight. If you’re keeping score, that’s a solid uptick for our furry friend in the coin kingdom.
Burn, Baby, Burn: SHIB’s On Fire!
Now, hold onto your leashes, because Shiba Inu’s burn rate has been sizzling. Last month, nearly 1.5 billion SHIB tokens were sent to the big kennel in the sky — that’s right, they were burned, taking them out of circulation forever. October 28 was a bonfire bash with more than 250 million tokens torched in a single day. This aggressive burning strategy is like putting the coin on a diet, and a slimmer supply could mean a fatter price tag.
And the fire’s not out yet. Just when you thought the flames were dying down, SHIB saw another pyrotechnic display with over 100 million tokens burned in a 24-hour window earlier this month. That’s a whopping 1,300% increase from the day before. Talk about burning rubber!
What’s Next for SHIB?
As SHIB chases its tail right into the limelight, the community is buzzing about what’s next. Shibarium’s milestones are a testament to the network’s robust growth and the coin’s burning ambition.
With SHIB’s aggressive burns and Shibarium’s rocketing numbers, we’re all watching the same question: will SHIB erase another zero and set a new all-time high? Only time will tell, but one thing’s for sure — in the dog-eat-dog world of cryptocurrencies, SHIB is proving to be the top dog with a bite as big as its bark.
Stay tuned, and remember, in crypto, things move at the speed of light, so keep your paws on the pulse and your portfolio ready. Who let the dogs out? SHIB did, and it’s not going back in the kennel without a fight!