Shiba Inu Coin News: Shiba Inu (SHIB), the world’s second largest meme crypto is receiving huge support from the community while riding on an upward rally. SHIB price has spiked by more than 41% over the last 30 days. However, this surge was basically guided by the recent crypto market recovery.

Kusama tests Twitter algorithm for Shibaswap blog in anticipation of Shibarium launch.

Over 1.12 Billion Shiba Inu (SHIB) has been destroyed in the month of January 2023.

Crypto users show enormous interest in Shiba Inu.

During the weekend, over 39.82 Million Shiba Inu (SHIB) were burned, with 11.83 Million being burned in a single transaction by a prominent SHIB Burn Project.

The upcoming FOMC meeting will likely have the biggest impact on Shiba Inu holders’ portfolios.

Shiba Inu's most recent performance on the market raised some concerns among holders of the prominent meme token as the possibility of a large-scale reversal has been rising almost every day. However, the most recent moves on the market suggest that the battle is not over.

Shiba Inu's rival, Floki (FLOKI), continued the massive rally that started on Jan. 27 after the team announced a significant decision to burn a large chunk of tokens if the DAO passed it.

For many crypto traders, the passion for Shiba Inu (SHIB) is as profound as their love for many of the other cryptocurrencies available on the market. The ‘SHIB army’ believe in the promise of digital currency and is ready to ride out the volatility in the hope of reaping large gains in the long term.

The eagerly awaited Shibarium layer-2 scaling solution for Shiba Inu (SHIB) is nearing its beta launch, with the lead developer Shytoshi Kusama hinting in his Twitter bio that Shibarium may come as soon as February or earlier.