DogPad Finance, a Shiba Inu-branded launchpad infrastructure, plans to burn SHIB and BONE tokens upon migration from Ethereum to Shibarium. The team intends to achieve this by leveraging the fees generated from the utilization of its launchpad by developers and users alike.

Shiba Inu (SHIB) and Ripple-affiliated XRP coins were among the three most traded digital currencies on the WazirX exchange in India in June, according to a tweet from the exchange. The tokens were trading alongside Bitcoin, which remains the leading cryptocurrency in terms of market capitalization and trading volume.

The writer's opinion is presented and it is not financial, investment, trading, or other types of advice. Shiba Inu's market structure is bearish on higher timeframe charts and the short-term bullish momentum has already started to falter. Shiba Inu is the second-largest meme coin by market cap, with Dogecoin in first place and Pepe in third.

The official marketing specialist of the Shiba Inu team, @LucieSHIB, has clarified rumors about the launch date of the Layer 2 blockchain Shibarium. Lucie tweeted that there is no official date yet and invited anyone with further questions to join the Shibarium Discord channel.

Shiba Inu (SHIB), a popular memecoin, saw a burn rate increase of over 3000% in the past 24 hours, resulting in the destruction of 472,351,642 $SHIB tokens. Despite the decline in market cap, positive indicators such as whale transactions and token circulation have renewed interest in Shiba Inu.

Shiba Inu (SHIB) saw a surge in whale transactions on July 7, with 14 separate transactions worth over $1 million each. This resulted in an 8% price jump for the altcoin. According to data from Santiment, this surge represented the highest daily count of similar transactions in over three months. However, despite the increase in trading activity, market sentiment for SHIB remained poor, with the alt's weighted sentiment resting below the center 0 line at -0.888.

The governance token of Shiba Inu, BONE, has experienced a significant surge in price, with a weekly rise of over 40% and a 0.5% increase in the past 24 hours, reaching $1.20. This is notable as BONE has managed to remain bullish despite the recent market sell-off.

Shiba Inu's Shibarium will be launched during the Blockchain Futurist Conference in Toronto in August, according to an official blog by lead developer Shytoshi Kusama. The conference coincides with Shiba Inu's third anniversary and will feature a multi-month hackathon exploring Shibarium's functionalities, as well as two dedicated booths and a VIP cabana. Attendees can expect the unveiling of the completed World paper and the introduction of the Shib Doggy DAO Foundation, which will be responsible for governing specific aspects of the Shiba Inu ecosystem.

PEPE 2.0 has experienced a significant increase in volume, growing by 1,261% since its launch in the memecoin market. Despite losing some momentum, it has surpassed Shiba Inu's daily volume and is now the top memecoin by daily volume, showing potential as a major memecoin. However, there is a risk that it may lose popularity quickly like other new memecoins. Supporters of PEPE 2.0 are advocating for it to be listed on major exchanges, but it remains to be seen if it will have the same fate as its predecessor.

The lead developer of Shiba Inu, a popular memecoin, has teased a roadmap for the future of the cryptocurrency that aims to complete the vision of its anonymous creator. The proposal includes the creation of a decentralized autonomous organization (DAO) foundation to hold the project's assets and carry out decisions made by the official SHIB DAO.

July 5 (Cointime) - Shiba Inu's community is dedicated to reducing the circulating supply of the meme coin, resulting in a significant increase in the SHIB burn rate over the past 24 hours. The burn rate saw a 542% increase compared to the previous day, with over 78 million tokens burned.

July 4 (Cointime) - In Q2, Shiba Inu (SHIB) saw a significant increase in new and active addresses, with a 357% rise in daily new addresses from the previous quarter. However, the token may face challenges in Q3 if on-chain activity doesn't increase. Despite this, SHIB's weighted sentiment has been increasing since June, indicating growing confidence in its performance.

July 4 (Cointime) - U.Today presents the top three news stories from the past day, including the SEC's response to rumors of Gary Gensler's resignation, the possible reasons for the recent price increase of Shiba Inu's governance token BONE, and Ripple's release of one billion XRP coins from escrow.

July 4 (Cointime) - Shiba Inu (SHIB) has gained significant investor interest, leading to a high ranking on CoinMarketCap, a popular crypto price-tracking platform. SHIB is currently among the top four trending assets on CoinMarketCap, behind STMX, Bitcoin (BTC), and Terra Classic (LUNC).

July 4 (Cointime) - Despite Twitter's efforts to combat fake accounts with its subscription service Twitter Blue, a recent investigation by DappGambl found that a significant proportion of followers from popular crypto accounts are still fake. Shiba Inu had the highest proportion of fake followers at 10.26%, followed by Avalanche (AVAX) with 8.14% and Polygon (MATIC) with 7.58%.

July 4 (Cointime) - Last week, Shiba Inu (SHIB) failed to break through the critical $0.000008 price resistance level, and on-chain data analysis suggests that a major correction could be imminent. Long-term holders of SHIB appear to be losing confidence, with Mean Coin Age decreasing by 35% between June 17 and July 3, indicating that they may be booking profits and potentially causing the price to drop further.

July 4 (Cointime) - Shiba Inu, a popular meme-based cryptocurrency, saw a remarkable 1900% increase in burn rate within 24 hours after the Shibarium testnet, Puppynet, achieved a significant milestone of 25 million total transactions.

July 4 (Cointime) - The Shiba Inu community is excited about the upcoming delivery of the memecoin's hardware wallet to early orderers in a few weeks. The wallet, developed in collaboration with Tangem, is a next-generation hardware wallet that can securely store all crypto assets.

July 1 (Cointime) - Alternative Airlines, a global flight booking site, has partnered with Binance Pay to accept payments in cryptocurrencies such as Shiba Inu, Bitcoin, and Ethereum. Binance Pay has also launched a promotion in collaboration with Alternative Airlines, offering a 3% discount on flights paid for with Binance Pay using crypto from July 1 to August 31. Binance Pay supports over 70 cryptocurrencies, including ADA, BCH, BNB, DOGE, ETH, and XRP. Shiba Inu has recently gained exposure through new listings on crypto exchanges such as SBI VC Trade and BITPoint.

June 28 (Cointime) - Shiba Inu (SHIB), the second largest meme cryptocurrency, is facing selling pressure as investors turn their attention to other meme coins like PEPE and FLOKI. Despite a decrease in popularity, SHIB has secured a major listing on the SBI VS Trade exchange, which now offers trading options for 20 types of crypto assets including Dai and Cosmos (ATOM).