BlueWhale0073, the 254th biggest ETH Whale, has acquired $1.65 million worth of Shiba Inu (SHIB) in a single transaction, adding 148.78 billion SHIB to her wallet. This follows her previous purchase of $2.58 million worth of SHIB on April 5th. In total, BlueWhale0073 has acquired 378.74 billion SHIB, valued at $4.23 million, in the past 72 hours. The ongoing positive developments in the Shiba Inu ecosystem, such as Crypto.com's support for SHIB and its governance token BONE, and Uphold's Proof-of-Reserves data showing it holds over 921 billion SHIB, may be contributing to the whale's accumulation spree. As of press time, SHIB is trading at $0.00001095, down 2.42% over the last day with a 24-hour trading volume of $207.15 million.

In a series of tweets the pseudonymous cryptocurrency strategist Kaleo shared with their over 500,000 followers on the microblogging platform, they revealed that $DOGe has broken out above its high time-frame downtrend, and could be targeting the $0.25 mark, in a price rally that would more than double its current value of $0.097.

Over 20 Million Shiba Inu (SHIB) Burned in the Past 24 Hours, 18.99 Million by a Single Wallet.

The cryptocurrency community is expecting the price of the meme-inspired cryptocurrency Shiba Inu ($SHIB) is going to mostly trade sideways until the end of the month to trade at 0.0000113 per token, up from its current price tag of $0.00001125.

A recent analysis of Google search data has found that searches for the meme-inspired cryptocurrency Dogecoin ($DOGE) exploded nearly 2,000% in the past seven days after Twitter switched its logo to DOGE’s Shiba Inu, which led to a surge in buying interest.

New Shiba Inu Whale Emerges with Enormous 3.50 Trillion SHIB Purchase, Exclusively Holds SHIB Tokens.

According to CoinMarketCap's Q1 report, Shiba Inu is among the most watched cryptocurrencies on its platform, with over 12.5% views among investors in different regions, such as Africa, Asia, North America, Oceania, and South America. However, Shiba Inu has lower popularity in Europe, with only 11.56% views. The number of CoinMarketCap users with Shiba Inu on their watchlists has also gained momentum recently, with over 1.84 million users currently tracking the nascent digital currency's price movements. Shiba Inu has maintained a vibrant community despite its price falling below 86.82% from its record high of $0.00008616, with recent network activities contributing to its recent price surge.

Shibburn, the $SHIB burn tracker, plans to unveil Web3 projects for $SHIB HODLers as token burn reaches over 41% of the initial supply.

Shiba Inu has experienced a significant surge in network activity, with nearly 36,000 active addresses interacting on the SHIB network in late March, marking the highest spike to date. The surge is attributed to the success of Shibarium Public Beta Testnet, Puppynet, which has surpassed 200,000 wallet addresses and processed over 1 million transactions in just one week since its launch. The price of Shiba Inu has remained relatively stable, trading within a narrow range of $0.00000964 to $0.00001167 since March 3, but the growing community of holders and investors could push the price higher. Shiba Inu's Metaverse WAGMI Temple Hub has also caught the attention of Forbes, and $65.44 million worth of SHIB tokens have been transferred to a Coinbase-associated wallet.

PawZone, a new cryptocurrency based on the popular meme coin Shiba Inu (SHIB), has dispelled insider trading claims following its launch on ShibaSwap and CoinMarketCap (CMC). The accusations were made by some members of the cryptocurrency community, who alleged that the project's developers had engaged in insider trading to manipulate the price of the token.