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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 team announced on Sunday that the ecosystem's speedy layer-2 upgrade Shibarium is just around the corner.

SHIB Team Says Layer-2 Network Shibarium to Launch ‘Soon'

Shiba Inu (CRYPTO: SHIB) soared by as much as 6%, outperforming other leading meme cryptocurrencies such as Dogecoin (CRYPTO: DOGE) and Dogelon Mars (CRYPTO: ELON) on Monday. What Happened: Shiba Inu's lead developer Shytoshi Kusama made a post on Shibarium.

Shiba Inu Token Soars As Lead Developer Reveals Long-Awaited Layer-2 Solution

Shiba Inu will soon launch a beta for its planned Ethereum Layer 2 network called Shibarium with bone tokens used for transaction fees. The post Shiba Inu about to launch Ethereum Layer 2 network Shibarium in beta appeared first on The Block.

Shiba Inu about to launch Ethereum Layer 2 network Shibarium in beta

The biggest Ethereum (ETH) whales in existence are eyeing up Dogecoin (DOGE) rival Shiba Inu (SHIB), according to on-chain data. Keeping track of the 500 biggest whales on the Ethereum network, blockchain tracker service WhaleStats says that SHIB is the third largest holding among the cohort, excluding stablecoins and staked Ether (stETH).

Largest Ethereum Whales Pounce on Shiba Inu, Accumulate Over $85,500,000 Worth of SHIB: On-Chain Data

Ecosystem tokens shiba inu, leash and bone will serve as the the upcoming Ethereum-based blockchain.

Shiba Inu Developers Reveal First Look of Layer 2 Blockchain Shibarium

Dogecoin

Bonk

The two largest memecoins by market cap are looking to outrun a new Solana-based rival. Dogecoin (DOGE) and Shiba Inu (SHIB) surged alongside Bitcoin and the broader market over the past week, leaving the new much-hyped dog-themed altcoin Bonk (BONK) in the rear view mirror.

Dogecoin and Shiba Inu Battle Solana-Based Memecoin That's Surged 787% in Two Weeks

Solana

Solana surged by as much as 30% on Saturday, setting a fresh multi-month high in the process. The move comes as cryptocurrency markets were significantly bullish to start the weekend, with the global market cap 8.28% higher as of writing. Shiba inu was trading at its strongest point since November.

Biggest Movers: SHIB Hits 6-Week High, Whilst SOL Extends Recent Gains

A crypto whale is abruptly moving trillions of Shiba Inu (SHIB) tokens as the dog-themed crypto asset prepares to unveil its new metaverse at SXSW. According to the whale-surveying platform Whale Alert, a staggering 3,323,256,285,484 SHIB worth $30.48 million at time of writing were transferred from one unknown wallet to another.

Whale Moves 3,323,256,285,484 Shiba Inu (SHIB) As Crypto Project Prepares To Showcase New Metaverse

Ethereum Classic

Shiba inu was one of Friday's biggest gainers, as the meme coin raced to a six-week high. The move came as the global cryptocurrency market cap surged, as U.S. inflationary pressures continued to cool off. Ethereum classic was also in the green, with price hitting a two-month high.

Biggest Movers: SHIB Hits 6-Week High, ETC Extends Recent Gains

Most holders of the meme token Dogecoin (DOGE) are sitting on profits, but the majority of rival meme token Shiba Inu (SHIB) owners are in the red even though the crypto markets are rallying. According to blockchain analytics firm IntoTheBlock, 59% of DOGE holders are profitable in their investments while 35% are not.

Most Dogecoin Holders Are in Profit While Majority of Shiba Inu Owners Remain Underwater: IntoTheBlock

Distraught, disgusted, and jaded. Solana's popularity took a hit when reports of possible fraud at Sam Bankman-Fried's then-behemoth crypto exchange FTX first came to light.

Inside Bonk Inu: How 22 Developers Put the Shiba Inu Fun Into Solana and Away From FTX

Shiba Inu (CRYPTO: SHIB) is up 3%, bettering gains clocked by Dogecoin (CRYPTO: DOGE) and Dogelon Mars (CRYPTO: ELON) in the last 24 hours. What Happened: The rally can be attributed to two major reasons.

'Dogecoin Killer' Spikes 3% On Ethereum Whales' Push As Other Meme Coins Play Catch-Up

An affluent crypto investor just moved a large amount of Shiba Inu (SHIB) coins as the dog-themed digital asset gains popularity on exchanges. According to blockchain tracking service Whale Alert, the unknown whale transferred 3,333,256,285,484 SHIB worth $30,262,633 at time of the transaction on January 10th.

Shiba Inu Whale Moves 3,333,256,285,484 SHIB in One Massive Transaction – Here's Where the Crypto Is Going

Shiba Inu (CRYPTO: SHIB) topped intra-day gains on Wednesday, rising 5% and beating top meme coins by market capitalization such as Dogecoin (CRYPTO: DOGE) and Dogelon Mars (CRYPTO: ELON).

Dogecoin 'Killer' Soars 5% To Top Meme Coin Gains: What's Driving It?

The world's largest crypto exchange by volume is staking trillions of Shiba Inu (SHIB) tokens as the dog-themed asset provides updates on its upcoming layer-2 project.

Binance Stakes 4,000,000,000,000 Shiba Inu (SHIB) As Project Details Update on New Layer-2 Blockchain

Meme cryptocurrency Shiba Inu (CRYPTO: SHIB) is up 5.98% in the last 24 hours surpassing Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) gains. What Happened: SHIB, known as the "Dogecoin (CRYPTO: DOGE) killer", has seen an unprecedented surge in value after a large crypto investor transferred a multi-million-dollar sum of the crypto.

Shiba Inu Chews Away Bitcoin, Ethereum's Bones With 6% Surge

Shiba inu moved to a five-week high during Tuesday's session, despite cryptocurrency markets mostly consolidating. As of writing, the global crypto market cap is trading 0.20% lower, however the meme coin is up by nearly 5%. Apecoin also surged in today's session, as it rose to its strongest point since November.

Biggest Movers: SHIB Surges to 5-Week High, APE up for Fifth Straight Day

The Shibu Inu (SHIB) ecosystem is teasing an announcement featuring North American luxury firm Bugatti Group. A tweet from the Shibu Inu ecosystem's social media account says the announcement will be coming over the “next few days.

Shiba Inu (SHIB) Hints at Potential Partnership With Luxury Brand Bugatti Group

Deep-pocketed Shiba Inu (SHIB) and XRP holders were active over this weekend, mysteriously shuffling crypto assets worth tens of millions of dollars. First reported by blockchain tracking service Whale Alert, on-chain data shows that a crypto whale transferred 3.35 trillion SHIB tokens between two wallets of unknown origins.

Shiba Inu (SHIB) and XRP Whales Abruptly Move Over $116,000,000 Worth of Crypto Assets Over the Weekend

Shiba Inu (CRYPTO: SHIB) soared in the early hours of Monday after hinting at a possible partnership with the Bugatti Group. What Happened: Both Bugatti and SHIB have remained silent about the specifics of the upcoming collection, yet a promotional video posted gives the idea that the luggage, handbags, and accessories to be sold will be Shiba Inu-themed.

Shiba Inu Soars 5% After Teasing Merchandise Tie-Up With Bugatti Group

A crypto whale is suddenly moving more than $28.7 million in Shiba Inu (SHIB) as the network is expected to soon undergo a layer-2 upgrade. According to blockchain tracker and whale-surveying platform Whale Alert, an unknown wallet sent more than 3.37 trillion SHIB to another unknown wallet.

Mysterious Crypto Whale Abruptly Moves 3,373,256,285,484 Shiba Inu (SHIB) in One Massive Transaction

Bone ShibaSwap (BONE) is rapidly rising in value as it becomes the only utility token for use in the Shiba Inu (SHIB) ecosystem. The soon-to-launch Shibarium blockchain, the expected layer-2 upgrade of the Shiba Inu network, is selecting BONE for its utility token to use for blockchain transaction fees and for other activities.

Shiba Inu (SHIB) Ecosystem Altcoin Rises Over 40% in One Week Amid Selection As the Network's Sole Utility Token

Dogecoin raced to a multi-week high on Jan. 5, as meme coins rose higher following recent days of consolidation. The coin climbed for a second straight session on Thursday, which comes ahead of Friday's U.S. nonfarm payrolls numbers. Shiba inu was also in the green, after today's gains.

Biggest Movers: DOGE, SHIB Surge to Multi-Week Highs on Thursday

Shibarium's central token BONE (CRYPTO: BONE) rose more than 18%, reaching the $1 mark early on Thursday morning. What Happened: At the time of writing, BONE was trading at $1.10.

Shibarium Central Token Rallies 18%, Leaving Shiba Inu And Dogecoin In The Dust

As we approach the end of 2022, meme coin investments have taken off in a big way. Dogecoin (CRYPTO: DOGE) has emerged as the clear leader amongst investors, with a market cap of a phenomenal $10.71 billion.

News for Shiba Inu Crypto (SHIB)