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The 1 Cent Dream: Shiba Inu Must Rise 30% Every Year To Reach $0.01

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Shiba Inu spiked double digits on Thursday for the first time in over three months. SHIB remained on the back foot throughout Q3 of 2023 but is turning the tables in Q4. SHIB is currently hovering around the $0.00000812 mark and is now looking to delete its fifth zero in the indices and trade at $0.00001. However, Shiba Inu investors want the token to delete all its zeroes and reach the $0.01 milestone. The 1-Cent dream is the heartbeat of a million investors who aim to turn millionaires when SHIB reaches $0.01. Also Read: Shiba Inu: A Driver Makes $1.7 Million With An investment of $650 Source: Coingecko Shiba Inu: SHIB Must Spike 30% Every Year To Hit $0.01 Source: Pixabay The 1-Cent dream might never turn into reality in our lifetime if SHIB fails to increase in price every year. To reach the $0.01 mark, Shiba Inu must steadily rise 30% and above every year for the next 30 years. If SHIB sustainably spikes by 30% in price every year from 2023, it could reach $0.01 only in 2053...

Shiba Inu Team Warns of Fake Telegram Channel Promoting Scam

A member of the Shiba Inu team recently took to Twitter to alert the community about a scam impersonating the project’s official Telegram channel. Vet Kusama shared screenshots of a fake “ Shibarium Tech” Telegram channel. The screenshot shows a scammer posing as lead developer Shytoshi Kusama promoting a fraudulent ShibaSwap testing program. I just came across the fake Shibarium tech channel. Please remember “NO AIRDROP”. Stay safe #ShibArmy pic.twitter.com/T6VzaQ8rHE — Vet KUSAMA ™ (@vetkusama) October 16, 2023 Kusama warns the Shiba Inu community of fake channel Kusama warned followers not to use the fake channel or trust any information posted there. He also cautioned that any airdrops offered on behalf of the SHIB team would be an attempt to steal crypto funds. This scam alert comes as the community has faced increased attacks from fraudsters recently. The team reminded investors that the reward token TREAT has not yet bee...

Voyager Dumps 1.4 Trillion Shiba Inu Tokens Ahead of Shibarium Launch

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The bankrupt cryptocurrency lending firm Voyager is on a dumping spree days ahead of halting all its operations. Data from Lookonchain indicated that Voyager indulged in a massive sell-off worth $63 million in the last four days. The firm sold Bitcoin, Ethereum, Shiba Inu, Chainlink, Matic, and MANA, among many other cryptocurrencies worth millions of dollars. The sell-offs are ringing alarm bells in the markets, as leading assets could tank in price due to the large volume. Also Read: Shiba Inu: Investment of $103 Turns Into $1 Million in 3 Years Here are the total cryptocurrencies that Voyager dumped in the last four days. 781 BTC – $23 million 9,570 ETH – $17.6 million 1.4T SHIB – $14.4 million 234,660 LINK – $1.74 million 1.87M Matic – $1.27 million 3M MANA – $1.1 million Source: Twitter / lookonchain Also Read: Shiba Inu To Reach 5 Cents? Here’s When SHIB Might Hit $0.05 The bankrupt firm has offloaded 49 other cryptocur...

Shiba Inu (SHIB): Exploring Drivers of 20% Price Explosion

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Shiba Inu has garnered substantial attention as a meme coin with a growing following. It has emerged as a strong contender alongside Dogecoin, and the SHIB team has actively engaged in numerous community initiatives, contributing to the rise in Shiba Inu’s market capitalization and generating interest in price forecasts. Also read: Bitcoin ETF Approval More Likely, Bloomberg Analysts Suggest According to the latest data from CoinMarketCap, Shiba Inu surged by almost 20% in the last few days. The second largest meme coin has surged from a low of $0.000007283 to a high of $0.00001017, before falling to its current price. Despite the slumping market conditions, SHIB has managed to exhibit a notable gain in the last seven days. Here are some of the reasons why SHIB managed to rise considerably. Here’s why Shiba Inu managed to rise The excitement surrounding the impending launch of Shibarium has played a crucial role in fueling SHIB’s recent surge. Market o...

Shiba Inu: 1.362 Trillion SHIB Moved to an Unidentified Wallet

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Shiba Inu (SHIB), a cryptocurrency noted for its meme-inspired origins, has seen price volatility. Nonetheless, the project has made tremendous progress in its utility and development efforts. Shiba Inu distinguishes itself from other meme coins by actively participating in development activities and providing regular updates to its community. Also read: Pepe Coin Price Plunges By 17% Amidst Sell-Off In terms of pricing, SHIB has made little improvement. Over the last seven days, the second-largest meme coin fell by 3.4%. In one of the most shocking revelations made by the Arkham blockchain intelligence platform, a large transaction involving 1.362 trillion SHIB has been identified . The transaction, which occurred in less than 24 hours, moved trillions of Shiba Inu to an un identified wallet. Source: Arkham Intelligence The value of the moved Shiba Inu stands at around $10 million According to the current price of SHIB, the fund’s current value stands at around $1...

Shiba Inu: 1st Batch of SHIB Wallets Expected on July 24

According to a Japan-based Shiba Inu (SHIB) Twitter account, SHIB’s hardware wallet is estimated to begin delivery by July 24. The user also shared a screenshot of an email from Tandem, SHIB partner in creating the wallet. According to the email, the first batch of the wallets is en route to their Hong Kong warehouse. Customers can anticipate a fulfillment email with a tracking number or link to follow the status of their goods after the product is shipped. ■ @Tangem X #Shib Wallet Delivery Update The first batch of Tangem X SHIB wallets is on the way to our warehouse in Hong Kong. Our logistic team will send you a fulfillment email after the item has been shipped. The estimate delivery start date is July 24. pic.twitter.com/g5BXNJYddJ — KURO🐾SHIBARMY JPN🇯🇵 (@kuro_9696_9696) July 3, 2023 Tangem has also given a discount code for customers’ patience and understanding. Users can receive a 10% discount on their purchase by using the cou...

Shiba Inu Might Release its Cold Wallet This Week

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According to prominent Shiba Inu (SHIB) influencer “Lucie,” the SHIB cold wallet storage might release this week. However, Lucie did mention “probably” as there is no official word on the launch. The original message is from Shiba Inu’s Shibarium Discord server, which says, “For cold wallet part. Update or announcement after few days or earlier if everything goes well.” Cold wallet coming this week ( Probably) What is it? A cold wallet, also known as a cold storage solution 1, is a type of cryptocurrency wallet that is not connected to the internet. It securely stores a user's private keys offline, usually on a physical device, to protect… pic.twitter.com/mHdL6fAN1p — 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) May 9, 2023 The announcement which is planned to happen in the next few days might give further insight into the Features of the wallet initiative. According to speculation, some of the Features may include enhanced security, Shibarium integration, multi-asset support, and co...

Shiba Inu Burns Surge Over 30,000%, 1.4 Billion SHIB Destroyed

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Shiba Inu (SHIB) is witnessing a massive surge in its burn rate. As per the data on Shibburn, SHIB’s burn rate has spiked by 30,929.37%. The burn tracker also noted that one transaction led to the burn of 1.4 billion SHIB tokens. Source: Shibburn The project behind the 1.4 billion SHIB burn is none other than Koyo Token. The value of the 1.4 billion SHIB is $16810.63 at the moment. However, this is not the first time the project has taken the initiative of burning large amounts of SHIB tokens. The project calls itself an ally of Shiba Inu (SHIB) and actively participates in SHIB burns. In late March, Koyo Token decimated 733 million SHIB tokens, worth approximately $8000 at the time. According to the Twitter handle “Tezza Decentra,” Koyo Token has burned 8.75 billion Shiba Inu (SHIB) tokens in the last 36 days. The value of 8.75 billion SHIB is approximately $98,000. Supporting @KoyoToken is to support @Shibtoken 1.49Billion $SHIB just burned by $KOY smart contract http...

Shiba Inu: Is it Time to Sell SHIB?

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The year 2022 was marred by a frigid crypto winter, as interest rate hikes forced investors to do away with risky investments. Conversely, 2023 has seen something of a resurgence in the digital asset sector. Yet, with Shiba Inu seeing its price grow steadily over the past three months, is it time to sell SHIB? The question of when to sell is a convoluted one, and every investor faces the dilemma. Moreover, as the industry is set to be confronted with continued macroeconomic factors that could have unpredictable results, the prospect of selling assets like meme coins becomes a favorable one. The Case to Hold Source: News.com.au As previously stated, the devastation that 2022 wreaked on crypto was horrendous. Specifically, the entire industry plummeted from $2.2 trillion at the start of the year to fall under $800 billion. However, as 2023 arrived, so did renewed optimism and data to match. Particularly, Shiba Inu was among those that benefitted the most. Furthermore, as ...

Shiba Eternity: Here’s What the New Version Brings to the Table

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Shiba Eternity has been one of the most prominent releases by the Shiba Inu team. The game set milestones just a few days after its initial launch. Some of the earlier reports revealed that the game debuted on the top-20 games list on the Apple Store on the very first day that it was released. The game just kept on hitting milestones, with over 100,000 downloads just a week after its release. On November 16, 2022, Shiba Eternity entered the top-ten games in the world list, according to the data from the Apple App Store. The development team has been continuously monitoring and fixing bugs to make the gameplay experience as seamless as possible. Now, according to the latest report, Shiba Eternity has released a new version, V1.1.4. Let us look at the changes that came with the latest version of the game. Thank you for sharing @Materocks 🙏 https://t.co/HPIAZ2givE — $SHIB BPP (@ShibBPP) December 20, 2022 Shiba Eternity team fixed major bugs The late...

Shiba Inu: Here's why LEASH is important to the SHIB ecosystem

The Shiba Inu (SHIB) ecosystem has grown to new heights in just two years. SHIB has an ambitious goal, to play a significant role in the future Web3 revolution. It is developing its metaverse initiative as well as its network, Shibarium. SHIB has two offspring tokens, BONE, and LEASH. BONE is set to play a significant role in the upcoming Shibarium network. LEASH, on the other hand, grants its holders exclusive rights to claim land in the project’s future metaverse. However, many are uncertain about what LEASH is, and why it is important . What is Shiba Inu’s LEASH? LEASH was initially used to track Dogecoin’s (DOGE) price as a rebase token. The token is also named “Doge Killer.” Developers of SHIB, however, chose to convert LEASH into an ERC-20 token. Being an ERC20 token, LEASH is hosted on the Ethereum blockchain. Holders of LEASH tokens can stake their holdings in the liquidity pool in exchange for xLEASH. Intentionally created to be a rare ...