Shiba Inu is grabbing headlines as the community anticipates the Shibarium beta launch.

Mysterious wallets are burning millions of Shiba Inu on daily basis.

The crypto market continues to trade partially in red as Binance linking with Bitzlato financial crimes has impacted the market. Some significant coins are increasing in the last 24 hours, however, others are still slightly down.

A significant amount of Shiba Inu (SHIB), over 12.94 million, has been eliminated in the past day, with 10 million being eradicated in a single transaction.

Meme coins moved lower on Jan. 19, as cryptocurrency markets plunged following recent highs. Shiba inu, which rose to a nine-week high on Wednesday, fell by nearly 10% today. Markets have been largely overbought in the past few days, with bears seemingly reentering. Dogecoin was also in the red today.

Shiba Inu (SHIB) price rally backed by the Shibarium update and Ethereum (ETH) whales buying saw a decline on Thursday. World’s second largest meme crypto’s price dropped by over 9% in the last 24 hours. Just after the massive SHIB price pump, the whale tracker reported a big whale transaction which could be a probable reason behind the recent price drop.

Even though BONK launched on Dec. 25, the three tokens—DOGE, SHIB, and BONK—have accounted for around $25.6 billion in trading volume over the past month, according to data from CoinGecko. By comparison, Bitcoin has accounted for $618.7 billion worth of trading volume.

Australian Top Crypto Exchange Cointree added support for Shiba Inu (SHIB).

The Shiba Inu community has been buzzing with excitement at the news of Shibarium’s launch. And now, a new update on the layer-2 network has just dropped, convincing investors that SHIB’s price is about to explode to $0.001.

Shiba Inu [SHIB] performed remarkably well on the price charts in January 2023. SHIB flipped Staked ETH [stETH] for the biggest holding by dollars among the top 500 Ethereum [ETH] whales. Some selling pressure was noted in the past couple of days, which sparked debate on whether the asset has reached a local top.

Shiba Inu had a fantastic week so far, managing to book a double-digit price increase.

Shiba Inu is hoping to become more than just a Dogecoin-inspired meme cryptocurrency as it comes closer to launching its layer-2 network called Shibarium. Meanwhile, the SHIB token has emerged as one of the best-performers so far in 2023.

Although the substantial price increases in the cryptocurrency sector since the year’s turn have started to slow down, Shiba Inu (SHIB) is still recording powerful advances on its charts, positioning it as the leader in daily market gains among all cryptocurrencies.

Over 52.28 Million Shiba Inu has been burned in the past 24 hours as SHIB becomes the biggest gainer in the top 20 cryptocurrencies.

The native token of the Curve protocol, $CRV, has overtaken the meme-inspired cryptocurrency Shiba Inu ($SHIB) as the most traded token on-chain among Ethereum’s 500 largest whales ahead of the expected launch of Shibarium.

Floki has selected Binance Pay as its merchandise store’s main crypto payment solution.

Shiba Inu has shared the steps required to become validators and delegators on Shibarium. 

Shiba Inu has substantially recovered over the last week; it surged over 20% in the same timeframe. Over the last 24 hours, SHIB has appreciated by 2.9%, but despite the rise in value, the coin has remained stuck below the $0.000011 mark.

Some possible NFT applications on the L2 network are event tickets and virtual real estate.

Over 36.42 Million Shiba Inu (SHIB) has been burned by the Mysterious Wallet in a Single Transaction.