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Some memecoins tend to need more attention and market share all the time in the always-changing cryptocurrency scene. Meanwhile, top meme coins like Dogecoin and Shiba Inu have been losing steam lately, needing help to sustain their prior excitement and value. A newcomer, KangaMoon, has been attracting interest and traction among investors quite quickly in the meantime, having concluded its presale. Let us find out why. KangaMoon (KANG): One Of The Top Meme Coins To Have KangaMoon saw its price soar to a high of $0.025 during its just concluded presale due to high demand for the limited number of tokens and a successful presale, extending its gains in 2024 to an incredible 400%. Despite its amazing performance that has made it one of the best meme coins to invest in , market analysts believe that KANG will continue to rise in the upcoming weeks, as the meme coin will soon be listed on BitMart and MEXC, following its recent Uniswap listing. Those who participated in the presa...

Shiba Inu (SHIB) is among those cryptos that have turned many investors into multi-millionaires. Although the popular memecoin has been on a downward trajectory after hitting its all-time high in October 2021, many hope they can still make millions in the next bull run. SHIB fans, popularly called the SHIB Army, are still pursuing the “1-cent dream” and are determined to achieve the price point as soon as possible. Also Read: Shiba Inu: Top 3 Things That Need to Happen for SHIB to Hit $0.01 However, to become a millionaire with SHIB requires investors to hold a certain number of tokens. How to make $20 million when Shiba Inu hits $0.01? If SHIB reaches $0.01 from its current price, it would translate to a growth of about 115909%. To have $20 million worth of tokens at $0.01, an investor would need 2,000,000,000 (2 billion) SHIB. The price of 2 billion SHIB right now is around $17,240. The return on investment (ROI) would be massive if the project can achieve its ...

Shiba Inu’s highly anticipated Shibarium layer-2 network has failed to impact the asset’s price. SHIB is currently one of the worst-performing cryptos among the top 100 projects. The popular dog-themed crypto has fallen 23% in the weekly charts, closely following Apecoin (APE), down by 25.6%, and Pepe (PEPE), down by 23.9%. SHIB rival Dogecoin (DOGE) is also down by a whopping 16.1% in the weekly charts. Soon after its launch, the Shibarium network had to pause operations to protect funds due to extremely high traffic. However, the network resumed operations after almost a day-long pause. The team has also secured insurance coverage of up to $2 million in case of potential fund retrieval challenges. Also Read: Shiba Inu: Shibarium Released, When Will It Drive SHIB Towards $0.01? However, the launch did not live up to the hype. Shibarium was supposed to be one of the most important launches in the crypto space in 2023. The launch was pushed back multiple times due t...

Shibarium Mainnet Launch Fails to Trigger Shiba Inu Rally Shiba Inu has since mid-June sustained a positive outlook, with the price climbing from $0.000006 to August highs of $0.00001130. As the launch of the Shibarium mainnet protocol approached, investors booked positions propping SHIB for a rally. advertisement With declines characterizing Shibarium’s launch, it can be deduced that the event had been priced and with profit taking waiting to happen. The situation was made worse by technical issues that emerged following the protocol’s release. Information shared by Colin Wu, a Chinese crypto reporter indicated that the Layer 2 solutions protocol had suddenly stopped producing blocks and was pending. Citing data from Beosin monitoring, Wu said that “$1.7 million in ETH is locked on the Shibarium cross-chain bridge.” According to Beosin monitoring, the transaction on Shibarium , Shiba Inu's Layer 2 solution, is in a pending state. Curr...

Shiba Inu (SHIB) lead developer Shytoshi Kusama has revealed that the project has three new partnerships. The first of them has “dry ink,” meaning that the deal is sealed. The second is “focused around technology and furthering grand causes.” And the third, which is yet to be revealed, is apparently “worthy of raised glasses.” It is unclear whom these partnerships are with, but the news has got the community riled up. However, one comment from the lead developer has caught everyone’s attention. Kusama stated, “SHIB > X.” This has led people to speculate if one of the partnerships is with Elon Musk’s X (formerly known as Twitter) or if Shiba Inu (SHIB) is developing its own decentralized social media platform. Also Read: Shiba Inu: If Price Hits $0.00001, How Much SHIB for $10 Million? Hold onto your seats, everyone! 🚀🔥 Some new ALPHA from the genius mind of Shytoshi. Get ready for mind-blowing inn...

Shiba Inu (SHIB) announced the launch of their Cold wallet , which is now available for pre-order starting May 29. Shiba Inu is developing the wallet in collaboration with Tangem, a Swiss company, a recent tweet says. Even though the initial release of the Cold wallet didn’t have an official date, the latest details reveal that the wallets will hit the streets soon. According to the latest tweet from Tangem, the Shiba Inu Cold wallet is set to make its debut next week. Also read: Ripple XRP Claims Top Spot, Outshines Bitcoin in Trading Activity Well, well, well… see who is coming next week 🐕 Get yours right now: https://t.co/lHeFnFTVcC WOOOF! pic.twitter.com/ZdzOk8bnVL — Tangem (@Tangem) July 19, 2023 The demand has seen a notable surge as a considerable number of users have already pre-ordered the Cold wallet . Shiba Inu burn rate spikes as Cold Wallet Nears The latest data from Shibburn reveals that the burn rate of Shiba I...

It is 2023 and somehow Shiba Inu is still relevant. Without throwing any shade, the previous statement is justified because SHIB is one of those bull market ‘darlings’. In 2017, Verge or XVG token cherished a similar rise in popularity after its 1581942% surge. At the moment, it is ranked 244th, and peripheral from the industry. To Shiba Inu’s credit, its ecosystem did not shy away from innovation. They had plans for a DEX, metaverse, gaming, burning protocols, and whatnot. While some of these sectors are still in progress, its decentralized exchange launched in 2021. And it did not disappoint. ShibaSwap , a native DeFi platform for Shiba users went live in July 2021, in order to boost Shiba Inu’s utility tokens. Within 24-hours, the platform surpassed over $1 billion in total value locked or TVL. It is actually an incredible statistic and it falls as a testament to the initial interest from SHIB users. Now, in this article, we are analyzing the same DEX and i...

Since its inception, the Shiba Inu [SHIB] network has been actively introducing a series of updates. This has kept the community intrigued and engaged. The lead developer of the network, Shytoshi Kusama, recently published a blog post. In this, he unveiled a new event called “Shibapendence Day,” adding to the excitement surrounding the project. What is Shibapendence Day? In the recently released blog post titled Shibapendence Day, Kusama drew attention to the longstanding presence of a centralized system that has endured for centuries. The network aims to disrupt this centralized model by introducing decentralization through the launch of ShibaSwap. The blog post further stated, “With the imminent release of ShibaSwap, we are proud to lead the charge towards the dawning of a new era by presenting the first truly decentralized exchange and declaring our Shibapendence!” “Shibapendence Day” by Shytoshi Kusamahttps://t.co/YSLFQP38of $SHIB...

Shiba Inu, a prominent meme coin and the second-largest of its kind, has garnered attention for its continuous development efforts. One of its notable initiatives is the Shiba Inu Burn, which aims to reduce the token supply. The burn rate of Shiba Inu (SHIB) tokens has been known to fluctuate, with some days witnessing substantial increases and others experiencing declines. Recent data from Shibburn reveals a significant drop of -100% in the burn rate over the last 24 hours. This means that no tokens were burned during this period. Also read: Pepe Coin Whale Sparks Frenzy with Trillions of Withdrawal Zero SHIB burned in the last 24 hours According to Shibburn’s data, the burn rate for Shiba Inu was recorded as zero in the last 24 hours. This indicates a significant decline in the burn rate, as there were no coins burned during this period. This is in contrast to previous days when the burn rate reached significant levels, with over a billion SHIB being burned...

Shiba Inu is moving into the abyss as its price touched a new yearly low of $0.00000788 on Tuesday. SHIB is on a steady decline in Q2, 2023 causing severe losses to holders’ investments. A recent price prediction for Shiba Inu in June forecasted that it could end the month at $0.0000076 levels. That’s a downturn of another 10% from its current price of $0.00000803. Also Read: Shiba Inu: You Can Become a SHIB Millionaire With Only $8.5 Source: Coingecko The question arises: ‘Why is Shiba Inu falling in price and not performing well in the indices as it used to?’ In this article, we will highlight the reasons why SHIB is on the decline and heading south. Shiba Inu: Why is SHIB Falling? Source: newtraderu.com Shiba Inu is falling as investors believe there’s not much happening in the ecosystem to drive its price up. A handful of the latest releases and developments failed to leave a mark in the sectors. For example, the ShibaEternity game fell flat and lost its fame with...

Shiba Inu has emerged as one of the most successful meme coins out there. With head-to-head competition with Dogecoin, the SHIB team has been working relentlessly on different projects for the community. However, Shiba Inu is now facing a significant price decline. Meme coins, especially Pepe Coin and LADYS, have been on a bull run recently. These new meme coins have been putting on quite the show. SHIB, however, was exhibiting slower gains as opposed to other cryptocurrencies. In fact, the price is still in a downward trend, with no possibility of recovery to be seen anywhere in the pipeline. Also read: Tether to Allocate up to 15% of its Profits Towards Purchasing Bitcoin Could Shiba Inu’s price Drop Lower? The price of Shiba Inu has dropped considerably. From a monthly high of $0.0000117, the price of SHIB plummeted to a low of $0.000008532 before retracing to the current price. Even amidst the meme coin frenzy, the price of SHIB has dropped by over 24% in th...

Fans and users expect Shiba Inu’s (SHIB) Shibarium layer-2 network to amp up token burns. Several proponents have mapped out or shared hypothetical scenarios where Shibarium can burn up to 111 trillion tokens on a yearly basis. Burning SHIB and reducing its circulating supply is one way of pushing the asset’s price. However, another SHIB proponent has now shared an estimation for Shibarium’s SHIB burns. The Twitter handle “SHIB BPP,” said that Shiba Inu’s Shibarium network will be impressive if it can burn 500 billion SHIB tokens every year. The calculation was based on current BONE and SHIB prices, including the number of transactions of the top Layer-2 network in the last 30 days. I just ran new burn estimates for Shibarium. Shibarium will impress me if it can burn 500 billion $SHIB per year. This is based on the current prices of BONE and SHIB, as well as the number of transactions of the top L2 in the previous 30 days. pic.twitter.com/L7dLE2T9JF — $SHIB BPP (@ShibBPP) Ap...

Shiba Inu has become a significant meme coin and has secured a position in the top 20 cryptocurrencies by market capitalization. The team behind SHIB has maintained a steady pace of development and various projects. With SHIB earning its prominence as the second-largest meme coin , how likely is Shiba Inu to spike in value and breach its all-time highs? Let us find out. Also read: Baby Doge to Be Listed on a Top 5 Exchange, Price Reacts Will the price of Shiba Inu break out? The supporters of Shiba Inu have been anticipating the token’s rise to 1 cent for a while now. The recent price recovery has provided the community with optimism. Over the past week, the second-largest meme coin has increased by approximately 7%. A well-known community influencer, known as “SHIB BPP”, has outlined three potential paths for Shiba Inu to reach $0.01. The first and most significant factor is mass adoption. As more people adopt the token, the likelihood of achieving this price...

Shiba Inu has emerged as one of the most successful meme coins out there. With head-to-head competition with Dogecoin, the Shiba Inu team has been working relentlessly on different projects for the community. Even though 2022 was not the best year for cryptocurrencies in terms of price, 2023 began with a bang. The whole cryptocurrency market has displayed double-digit gains over the last two weeks. SHIB, however, was exhibiting slower gains as opposed to other cryptocurrencies. Also read: Shiba Inu Burn Rate Spikes by 61765%; 830,384,034 SHIB Burned With the cryptocurrency prices trading in the red amidst the lawsuit against Binance, here is our Shiba Inu Price Prediction for April 2023. Source: Analytics Insight Shiba Inu price prediction for April 2023 Shiba Inu’s price currently stands at $0.00001038 with a 1.7% drop in value over the last 24 hours. Even though Bitcoin has exhibited a 16% gain over the last seven days, SHIB has only dropped by 15.7% during this per...

Following nearly a week of losses, Shiba Inu (SHIB) could see a price recovery incoming if certain factors do come to fruition. Currently, the meme coin is trading at $0.00001056, down 3.00% over the last 24 hours, but a turnaround could be on the horizon. Earlier today, the meme coin had seen a gradual ease of its selling pressures, while showcasing a balance of trading activity, according to U.Today. Now, on the heels of a losing streak, and immense volatility, a price recovery is not out of the question if some things fall into place. Source: Twitter What Could Drive a SHIB Turnaround? According to CoinMarketCap, SHIB has been on quite a low recently. Specifically, it had reached prices of $0.00001033, currently regaining some, but still showing a concerning chart. Yet, things may be looking up for one of the most popular meme coins in the industry. So, how could a Shiba Inu (SHIB) price recovery be incoming? Well, it all starts with the overall market. Specifically,...