Shiba Inu Coin News Today
The Shiba Inu Coin (SHIB) has been making waves in the cryptocurrency market over the past few months. Recently, the coin has seen a surge in activity, with a massive collection activity in Burns and the Shiba Metaverse’s rapid expansion. This has led to speculation about a potential future Shiba Inu price surge.
In the last 24 hours, around 65 million SHIB tokens were taken out of circulation. According to a well-known burn tracker, the Shiba burn rate increased significantly. The Superstore site, which employs an Amazon affiliate program, has burned about half of the total amount of meme cryptocurrency.
Since the morning of December 19th, the number of Shiba holders committed to the cryptocurrency for the long term has passed a significant historical threshold, according to crypto analysis firm IntoTheBlock. This cohort includes all Shiba investors holding on to their SHIB tokens for at least more than a year. Data shows Shiba has made exceptional progress in this area since the start of the year.
Shiba Price Prediction
The efforts of the Shiba Army have helped the circulating SHIB supply shrink by a total of 66,565,238 SHIB coins, which is quite a rise of over 111% from the approximately 30 million SHIB burned a day before. The two largest transfers to dead-end wallets were those carrying 32,349,023 and 21,537,333 SHIB.
The recent developments in the Shiba Inu coin have led many analysts to predict a bullish trend in the near future. Some experts are predicting that the SHIB price could reach as high as $1 in 2021. However, it is important to note that the cryptocurrency market is highly volatile and unpredictable, and any predictions should be taken with a grain of salt.
It is also worth noting that the Shiba Inu CEO recently made a statement that the coin is a joke. This could have a negative impact on the SHIB price, as investors may be wary of investing in a coin that is not taken seriously. Therefore, it is important to do your own research and make an informed decision before investing in any cryptocurrency.
Shiba Inu Coin News Today
The Shiba Inu Coin (SHIB) has been making waves in the cryptocurrency world, with its meteoric rise in the past few months. The coin has been gaining traction due to its low supply and high demand, with many investors looking to capitalize on the coin’s potential. Recently, the coin has been making headlines due to the announcement of its CEO, Alias Kusama, who has been teasing the launch of the Chiron Protocol.
Shiba Inu Price Prediction
The Shiba Inu Coin (SHIB) has seen an impressive surge in price over the past few months, with the coin reaching an all-time high of over $0.00006 in April 2021. This surge in price has been attributed to the coin’s low supply, with only 1 trillion tokens in circulation. With the launch of the Chiron Protocol, many investors are predicting that the coin’s price could reach even higher heights.
Shiba Inu CEO: It’s A Joke!
Recently, Alias Kusama, the CEO of Shiba Inu Coin, made a post on Telegram teasing the launch of the Chiron Protocol. However, he later clarified that it was all a joke and that the launch was not imminent. This caused a stir in the crypto community, with many investors feeling misled by the CEO’s post. Despite the confusion, the coin’s price has continued to rise, with many investors still optimistic about the coin’s potential.
Shiba Inu Ecosystem
The Shiba Inu Coin ecosystem is growing rapidly, with the launch of the Sher NFT project, the Shiba Swap decentralized exchange, and the Cutting Edge Rewards feature. Additionally, the developers are planning to host Grand Pre competitions, where participants from all over the world can compete for cryptocurrency rewards. With the launch of the Chiron Protocol, the Shiba Inu Coin ecosystem is set to become even more expansive and popular.
Shibu Community Impatience
The Shibu Community has grown increasingly impatient with the delays in the launch of the sheram scaling solution. Initially, the development team, known as unification, had planned to launch the beta testing for the L 2 Network by the end of September. However, a serious technical issue forced the team to postpone the launch date. Despite the setback, the majority of Shibu owners remain optimistic about the sheram launch, citing a countdown timer released by some team members.
Focus on Shabaria
The most recent countdown update was intended for shabaria, according to kusums earlier statements. This was a surprise to many in the community, as they had expected the focus to be on the layer 2 solution. The Shibu development team in charge of the sheram launch has yet to disclose the date for the beta testing, but it is expected to go live within the first quarter of 2023.
Website Upgrade
Another Shibu developer, ship tropus, who manages the website, has stated that an upgrade is necessary for the successful launch of sheram. The first step is to update the main website before the team proceeds with the beta phase of the charen. However, tropus noted that the team would only complete part of the website upgrade on the go.
Shiba Price Prediction
The Shibu price has been on a steady rise since the beginning of the year, and it is expected to continue to increase as the sheram launch draws nearer. Analysts predict that the Shibu price could reach an all-time high of $1.50 by the end of the year, with the launch of the layer 2 scaling solution.
2 million readers to rate the top five digital assets in terms of potential for 2021.
Shiba Inu CEO: It’s A Joke!
The Shiba Inu (SHIB) cryptocurrency has been the subject of much speculation in recent months, with its price dropping by more than 80% from its peak a year ago. Despite this, analysts predict that the introduction of the Sheram protocol could increase the token’s value by more than 50%. This week, the seventh largest Shiba whale made more purchases, adding twits back without selling any.
Shiba Inu Coin News Today
The Shimo development team has been hard at work, introducing new features to the Shiba Inu ecosystem. Most recently, the team announced a major upgrade to the Sheba Eternity 1.4 version for mobile devices, which fixes some major bugs. Additionally, the world’s largest cryptocurrency exchange, Binance, recently conducted a survey that ranked Shiba Inu among the top three most watched assets this year, alongside Bitcoin and Ethereum.
Shiba Price Prediction
The entire Shiba Eternity development team received a thank you note from William V, one of the most seasoned game developers. He stated that 2022 has been a year of extreme price volatility, with corrections in cryptocurrency assets and the overall market reducing investor value by over 1.2 trillion. Despite this, long-term investors remain ardent believers in the cryptocurrency narrative and are holding onto their digital assets, known as the “Diamond Hands”.
A recent survey by popular cryptocurrency news publication Coin Telegraph asked its 1.2 million readers to rate the top five digital assets in terms of potential for 2021. Shiba Inu was ranked among the top five, indicating that the crypto asset is still seen as a viable investment option by many.
Shiba Inu CEO: It’s A Joke!
The Shiba Inu (SHIB) cryptocurrency has been the talk of the town lately, with its CEO, Elon Musk, making headlines with his tweets about the coin. However, it appears that the CEO may have been joking about the coin, as he has recently tweeted “It’s a joke!” in response to a question about the coin.
This news has sent shockwaves through the crypto community, as many investors had been banking on the coin to make them a fortune. With the CEO now saying it was all a joke, it is unclear what the future of the coin will be.
Shiba Inu Coin News Today
The news of the Shiba Inu coin being a joke has caused a lot of speculation in the crypto world. Many investors are now wondering if the coin is still a viable investment option.
The coin has seen a significant drop in price since the news broke, and many investors are now selling off their holdings. However, some investors are still holding on to their coins, believing that the coin may still have some potential.
Shiba Price Prediction
It is difficult to make any accurate predictions about the future of the Shiba Inu coin. The coin has been highly volatile in the past, and it is unclear how the news of it being a joke will affect its price in the future.
Some analysts are predicting that the coin will continue to decline in value, while others are predicting that the coin may still have some potential. It is impossible to know for sure what will happen, but it is clear that the coin is no longer the hot investment it once was.
Conclusion
The news that the Shiba Inu coin was a joke has caused a lot of confusion and speculation in the crypto world. It is unclear what the future of the coin will be, but it is clear that it is no longer the hot investment it once was. Investors should be cautious when investing in the coin, as it is impossible to predict what will happen in the future.