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).

June 28 (Cointime) - Guardarian, a fiat on/off ramp, has listed the ShibaSwap Bone (BONE) meme token on its platform, making it easier to purchase with fiat currencies. BONE is a governance token for the official dex of the Shibarium Layer 2 protocol for Shiba Inu, and will also be used for paying gas fees on Shibarium.

June 27 (Cointime) - Shibarium's testnet, Puppynet, has achieved a significant milestone of 25 million transactions since its launch on March 11. The increase in network activity is indicative of a growing demand for Shibarium and a potential boost in the price of SHIB in the long term.

June 27 (Cointime) - The SHIB community is reducing the circulating supply of Shiba Inu meme tokens, with tens of millions of SHIB being locked out of circulation in the past few days. An anonymous whale burned 79.5 million SHIB in a single transaction, contributing to the burn rate reaching 161%.

June 22 (Cointime) - The Shiba Inu Community has burned 341.50 million SHIB in the past 24 hours through five transactions, removing them from circulation forever. This is the largest burn event since June 10th, and Koyo Token and a mysterious wallet emerged as the biggest burners of SHIB.

June 21 (Cointime) - Shiba Inu (SHIB) has experienced a 3.28% surge in the past 24 hours, bringing its spot price to $0.000007412 and erasing all losses from the previous week. Despite being a meme coin, SHIB has a vibrant developer community and is actively working on the Shibarium protocol to add value to its ecosystem.

June 15 (Cointime) - The writer's opinion is presented and it is not financial, investment, trading, or other types of advice. SHIB has retested 2021 lows, but short-term selling pressure has eased. Meme-coins like SHIB and PEPE have lost their allure due to macro headwinds in Q2.

According to Lookonchain monitoring, the largest holder of SHIB has increased holdings of 1.5 trillion SHIB (approximately US$10 million) through Binance and Coinbase. This holder is the largest SHIB holder on the chain other than the exchange address. Addresses starting with 0x40B3 currently hold 5.3 trillion SHIBs (approximately $35.5 million), and previously transferred 200 trillion SHIBs (approximately $134.4 million) to addresses starting with 0x73AF on May 16.

Shiba Inu has achieved several milestones, including the addition of thousands of new addresses and reaching approximately 14 million people. The network has seen unprecedented expansion with over 2,500 new SHIB addresses onboarded in one day. The number of long-term holders has also reached an all-time high, with 70% of SHIB holders holding their tokens for over a year. The launch of Shibarium is expected soon, with beta testing already showing impressive results. Despite a recent price decline, the growth in long-term holders indicates continued belief in the token.

Gate.io, a popular crypto exchange platform, holds trillions of Shiba Inu (SHIB) tokens valued at approximately $52 million. This comes amid rumors of the exchange's financial instability, which has raised concerns among its users and the broader crypto community. Gate.io's significant holdings of SHIB have also raised questions about the potential impact on the token's value. Other leading exchanges, such as Binance and Crypto.com, also hold substantial amounts of SHIB due to the sheer magnitude of Shiba Inu investors on their platforms.