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Shiba Inu

Shiba Inu coin was created anonymously in August 2020 under the pseudonym "Ryoshi." According to its whitepaper, Shiba Inu was created with the intention of creating a "100% community-led" cryptocurrency. Shiba Inu aims to be the Ethereum-based counterpart to Dogecoin's Srypt-based mining algorithm. Shiba Inu is widely considered to be a "memecoin" due to its high volatility and network effect, driven by influential commentators like Tesla CEO Elon Musk.

The Shiba Inu development team has announced that Shibarium is now fully functional after recent challenges where funds became inaccessible in the bridge. Shiba Inu's Shytoshi Kusama thanked Sandeep Nailwal, the co-founder of Polygon Labs, who stepped in with crucial resources to address the issue.

Shiba Inu's Shibarium Returns to Full Operation After Navigating Bridge Issues

Dogecoin

The Elon Musk-owned social media platform X, formerly known as Twitter, has been granted a license to provide cryptocurrency wallet services within Rhode Island. What Happened: According to a filing, the Currency Transmission License empowers X to lawfully extend its services to include crypto payments and trading in the Ocean State.

Elon Musk's X Scores Crypto Wallet Licenses Across US — What It Means For Dogecoin, Shiba Inu

Pseudonymous memecoin developer Shytoshi Kusama says Shiba Inu's (SHIB) scaling solution Shibarium is “live and operating well.” In a new blog post, Kusama says that “Shibarium is ready for prime time” after technical issues blamed on a “massive influx” of users cropped up following its official launch earlier this month.

Shiba Inu Developer Says Layer-2 Protocol Shibarium Is Live and Ready for Prime Time

Shiba Inu (CRYPTO: SHIB) experienced a 3% increase in the past 24 hours as the token withdrawals from the Shibarium bridge have become operational. What Happened: This development follows several weeks of challenges since the highly anticipated launch, where software glitches temporarily restricted access to millions of dollars on the network.

Shiba Inu Leaves Dogecoin, Floki Trailing In Dust With 3% Gains After Shibarium Bridge Token Withdrawals Go Live — 106M SHIB Burned In A Single Day

Polygon

Polygon climbed higher for a third straight session on Monday, as the token continued to move away from a recent support point. After a mostly bearish weekend, crypto markets eased back into the green to start the week. Shiba inu was a notable exception, as it extended a recent downtrend.

Biggest Movers: MATIC Extends Bull Run, SHIB Falls for 5th Straight Day

Token withdrawals from the Shibarium bridge are now operational. This comes weeks after the highly anticipated launch faced challenges, with software glitches causing millions of dollars to be temporarily inaccessible on the network.

Shibarium Bridge Token Withdrawals Go Live After Initial Setbacks

The latest in blockchain tech upgrades and announcements.

Protocol Village: Shibarium Bridge Opens for Token Withdrawals

Ether

Shibarium, a layer-2 scaling solution for the Shiba Inu blockchain, is now officially live after the network's rocky start this month.

SHIB Devs Reopen Ethereum Bridge to Layer-2 Network Shibarium

Withdrawals can take anywhere from 45 minutes to a week, depending on the token, developers said in a Monday update.

Shiba Inu's Highly Anticipated Shibarium Bridge is Now 'Fully Functional'

Shibarium, a Layer 2 blockchain, reopened fund withdrawals on its bridge to Ethereum.

Shibarium team reopens bridge withdrawals on mainnet

Cryptocurrency analyst Altcoin Sherpa has issued a warning about Shiba Inu (CRYPTO: SHIB) and Dogecoin (CRYPTO: DOGE), as the markets continue to show indications of vulnerability. What Happened: The analyst said on his YouTube channel on Saturday that if Dogecoin relinquishes its immediate support level, a significant corrective downward movement might ensue.

Crypto Analyst Warns About Dogecoin, Shiba Inu Amid Uneasy Market: Not An 'Interesting Buy'

Cryptocurrency price analysis brought by Coinidol.com. The price of Shiba Inu (SHIB) is falling below the moving average lines.

Shiba Inu Continues Its Slide After Being Rejected At $0.00001100

A widely followed crypto trader is warning about dog-themed memecoins Dogecoin (DOGE) and Shiba Inu (SHIB) as the markets continue to flash signs of weakness. Pseudonymous analyst Altcoin Sherpa tells his 11,000 YouTube subscribers that Dogecoin could witness a severe corrective move if it loses its immediate support level.

Crypto Analyst Issues Dogecoin and Shiba Inu Alert, Warns Traders To ‘Wait and See' Amid Market Downturn

Shiba inu was one of Saturday's notable gainers, as price rebounded from recent lows to start the weekend. Today's rebound comes as the global crypto market cap moved into the green earlier in the session. XRP was also higher on Saturday.

Biggest Movers: SHIB, XRP Jump Higher on Saturday

A Shiba Inu (SHIB) ecosystem altcoin ignored the wider crypto market downtick and surged by nearly 15% on Thursday. Bone ShibaSwap (BONE) is trading at $1.41 at time of writing, up from $1.23 a day ago. The 104th-ranked crypto asset by market cap is also up nearly 26% in the past week.

Shiba Inu Ecosystem Altcoin Bounces As Shibarium Recovers From Technical Issues

The relaunch of memecoin Shiba Inu's (SHIB) layer-2 scaling solution Shibarium has reached over 50,000 wallets, sparking a rally for Bone ShibaSwap (BONE), the token associated with paying the protocol's gas fees.

Shiba Inu (SHIB) Layer-2 Protocol Shibarium Relaunch Reaches 50,000 Wallets, Spurs BONE Rally

In the midst of a sluggish week for meme coins, Dogecoin (CRYPTO: DOGE), Shiba Inu (CRYPTO: SHIB), and Floki (CRYPTO: FLOKI) on Thursday witnessed an uptick of over 2%. What Happened: This rise countered the downward trend experienced by meme coins in the past seven days.

Elon Musk Effect Does It Again? Dogecoin, Shiba Inu, Floki Spike After X Owner Calls Platform A 'Doge Friendly Place'

Shiba Inu's (SHIB) new layer-2 scaling solution will soon reopen to the public after experiencing technical difficulties last week, according to Shytoshi Kusama, the project's pseudonymous lead developer.

Shibarium Almost Ready To Reopen to the Public After Days of Testing and Tweaking, Says Lead Developer

BNB was one of Wednesday's biggest movers, as the token rebounded from a recent one-year low. The price decline came as crypto exchange Binance came under scrutiny for allegedly assisting sanctioned Russian clients in moving funds abroad. Shiba inu also rose, following recent losses.

Biggest Movers: BNB Rebounds From 1-Year Low, SHIB Surges Higher

Shiba Inu (CRYPTO: SHIB) has experienced a 4% increase in the past 24 hours, outperforming both Dogecoin (CRYPTO: DOGE) and Floki (CRYPTO: FLOKI). What Happened: The rise in SHIB's price comes after Shibarium, Shiba Inu's Layer-2 network, announced the impending relaunch of its enhanced network, stating it is “almost ready” to be reopened to the public.

Shiba Inu Surpasses Dogecoin, Floki With 4% Surge — SHIB Developer Says Shibarium 'Almost Ready' To Reopen

After facing initial challenges during its launch last week, Shibarium, the Layer-2 network associated with the Shiba Inu project, is gearing up for a relaunch.

Shibarium, Shiba Inu's Layer-2 Network, Prepares for Relaunch with Enhanced Features

Shiba Inu's new Layer-2 Shibarium gets off to a shaky start, while multiple projects announce airdrops. Read on to find out more DeFi news and alpha!

Week in DeFi: CoWSwap TWAP, Shibarium's Shaky Launch and Sei Mainnet Arrives

Last week, Shiba Inu (CRYPTO: SHIB) introduced its much-anticipated layer-2 solution, Shibarium, despite some initial hiccups. What Happened: The main objective behind Shibarium's development was to tackle Ethereum's (CRYPTO: ETH) scalability concerns head-on.

Shiba Inu Worth $800 Can Make You A Millionaire If SHIB Reaches This Level

The Shiba Inu team is preparing to begin implementing its ShibPaper to develop a working system for governance and management.

Shibarium Devs Say Enhanced Network ‘Almost Ready' to Reopen

Test blocks on the network are processing as normal after developers blamed the earlier stoppage on unprecedented demand.

News for Shiba Inu Crypto (SHIB)