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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.

One of the key developers behind meme crypto Shiba Inu (SHIB) is hinting that the release of the much-anticipated SHIB layer-2 blockchain is near. The pseudonymous developer known as Shytoshi Kusama tells his 864,000 Twitter followers that Shibarium will be arriving “very soon.” “Happy Holidays to more than half the world.

Shiba Inu (SHIB) Developer Hints at Imminent Release of Highly Anticipated Layer-2 Solution Shibarium

Meme token Shiba Inu (SHIB) is among the top three most watched cryptocurrencies in 2022 on the world's largest crypto exchange. The other two are king crypto Bitcoin (BTC) and leading smart contract protocol Ethereum (ETH), Binance says in a new announcement.

Meme Altcoin Shiba Inu (SHIB) One of the Most Watched Cryptocurrencies This Year on Binance

Dogecoin

Shiba Inu (CRYPTO: SHIB) was trading slightly lower during Monday's 24-hour trading session but showing strength in comparison to Dogecoin (CRYPTO: DOGE), which was tumbling over 8% to lose support at the 200-day simple moving average. Earlier in the session, Shiba Inu popped up about 2.5% but was unable to break above Sunday's high-of-day due to bearish price action in Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), which were declining in tandem with the S&P 500.

Shiba Inu Shows Strength Compared To Dogecoin, Settles Into This Pattern: What To Watch For

According to a myriad of social media posts, the meme crypto project Shiba Inu is planning to launch the highly anticipated Shibarium, a layer two (L2) project that was supposed to launch this year in the third quarter.

SHIB Community Members and Countdown Clock Hint Shibarium Launch Is Imminent

Shiba inu rose for a third consecutive session on Monday, as the meme coin continued to move away from last week's lows. Today's surge comes as the global cryptocurrency market cap was largely unchanged, and is down 0.01% as of writing.

Biggest Movers: SHIB, XMR Extend Recent Gains on Monday

Shiba Inu (CRYPTO: SHIB) was among the three most popular cryptocurrencies on Binance in 2022, even as the more popular meme coin Dogecoin (CRYPTO: DOGE) missed out. What Happened: Two other cryptocurrencies that were most popular in Binance were Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH).

Dogecoin Misses Out But This Rival Meme Coin Was Among Top 3 Most Popular Cryptos On Binance In 2022

The official Twitter handle of Shiba Inu (CRYPTO: SHIB) hints at a "special countdown" for its community, with fans speculating about the release of the Shibarium ecosystem. What Happened: Shiba Inu's official Twitter account on Sunday shared a link to a website featuring a countdown timer along with a picture of a canine gazing out the window in the darkness.

Shiba Inu Fans Anticipate Shibarium Launch As 'Special Countdown' Begins: Kusama Says 'Timing Is Everything'

An anonymous Shiba Inu (SHIB) whale is suddenly moving over a trillion SHIB in a single massive transaction. According to new data from whale-surveying platform Whale Alert, a deep-pocketed trader abruptly shifted a staggering 2.6 trillion tokens worth about $23 million at time of writing from one unknown crypto wallet to another.

Mysterious Shiba Inu Whale Abruptly Moves 2,673,966,699,162 SHIB in Massive Crypto Transaction

Floki Inu (CRYPTO: FLOKI), the doge-themed meme coin, has seen its price surge by 11% in the last 24 hours, topping intra-day gains and outpacing rivals Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB). What Happened: FLOKI saw its value surge after being listed on OKX, showing an astonishing 30-day high of $0.00001089, as per Coingecko.

Crypto Named After Elon Musk's Pet Surges 11% Even As Dogecoin, Shiba Inu Slide

Shiba Inu (CRYPTO: SHIB) has been included among the top 10 most traded tokens among the 500 largest Ethereum (CRYPTO: ETH) whales. What Happened: ETH whales possess more than $53 million worth of Shiba Inu, an amount amounting to 2.33% of their holdings.

Shiba Inu Defies Odds To Be Among Ethereum Whale's Top 10 Most Traded Tokens Despite Price Slump

Shiba Inu (CRYPTO: SHIB) was seeing some high volatility during Tuesday's 24-hour trading session, showing comparative weakness to Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) to trade in tandem with Dogecoin (CRYTO: DOGE). On Tuesday morning, the U.S. Labor Department printed consumer price index data for the month of November that came in under expectations and showed inflation is slowing.

Dogecoin Killer Shiba Inu, Shows Weakness Compared To Bitcoin, Ethereum: Here's What To Watch For

Baby Doge (CRYPTO: BABYDOGE) has continued to outpace Shiba Inu (CRYPTO: SHIB) in terms of the number of holders, with a growing and passionate community dedicated to its success.  What Happened: According to a recent tweet by BabyDoge burn transactions have seen an increase in new holders.

Baby Doge Army Keeps Growing While Shiba Inu Lags Behind By 500K Holders

Shiba inu was in the red to start the week, with prices falling to a 20-day low on Monday. The meme coin has now moved lower for four straight sessions, with the latest decline seeing price move below a key support point. Dogecoin was also down, hitting a two-week low earlier today.

Biggest Movers: SHIB Slips to 20-Day Low, DOGE Also Declines

The number of holders of Shiba Inu (CRYPTO: SHIB) has increased by 7,807 to a total of 1,251,237 since the start of December. What Happened: According to Etherscan data, in December, SHIB saw an average of 643 new holders added daily.

Shiba Inu Holders Rise By Over 7,000 After Nov Exodus As Whales Keep Faith

The meme coin economy has seen its value increase 7.77% against the U.S. dollar during the last month, as the meme token market leader dogecoin jumped 29.4% higher in 30 days. Dogecoin has also managed to move from the ninth-largest market cap position to the eighth-largest crypto market valuation this past month.

Meme Coin Economy Heals After the FTX Fiasco Swelling by $1.4 Billion in 30 Days

A deep-pocketed crypto investor is suddenly moving a massive amount of meme asset Shiba Inu (SHIB) in a single transaction. According to whale-surveying platform Whale Alert, the wealthy investor abruptly transferred a staggering 2.87 trillion SHIB worth just over $26 million from an unknown wallet to another unknown wallet.

Shiba Inu Whale Abruptly Moves 2,871,107,065,473 SHIB in One Massive Crypto Transaction

Shiba Inu (CRYPTO: SHIB) was sliding over 2% lower during Wednesday's 24-hour trading session, in sympathy with Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and Dogecoin (CRYPTO: DOGE), which were slipping 2%, 3% and 4%, respectively. On Tuesday, WhaleStats tweeted that Shiba Inu is among the top 10 cryptos that have been purchased by the 5,000 biggest Ethereum whales, along with Polygon (CRYPTO: MATIC).

Dogecoin Rival Shiba Inu Climbs Up From This Pattern, Prints A Bounce Indicator: What's Next?

Shiba Inu (CRYPTO: SHIB), the second largest canine-themed cryptocurrency, has made its way into the top ten most-bought cryptocurrencies by whales on the Ethereum (CRYPTO: ETH) network. What Happened: On Tuesday, WhaleStats tweeted that SHIB is among the ten cryptos most purchased tokens by the 5,000 biggest ETH whales.

Shiba Inu Among Top 10 Crypto Purchases By Ethereum Whales: Which Others Made It To The List?

The World Economic Forum (WEF) denies it invited Shiba Inu to work with it on global metaverse policy following claims that it had from the memecoin's dev team last week. The post WEF denies it asked Shiba Inu to work with them on metaverse global policy appeared first on The Block.

WEF denies it asked Shiba Inu to work with them on metaverse global policy

A crypto whale is abruptly moving a staggering amount of Dogecoin (DOGE) competitor Shiba Inu (SHIB) in one massive transaction. According to new data from blockchain search engine Etherscan, the deep-pocketed trader moved 1.29 trillion SHIB worth about $12 million at time of writing from one unknown wallet to another.

Mysterious Whale Moves 1,296,926,801,221 Shiba Inu (SHIB) in Massive Crypto Transaction

Shiba Inu (CRYPTO: SHIB) was trading flat during Tuesday's 24-hour trading session, left behind by Dogecoin (CRYPTO: DOGE), which was spiking over 6% higher as it attempted to break up from a double inside bar pattern that Benzinga pointed out on Monday. The two Shiba Inu-based cryptocurrencies have been trading in uptrends since Nov. 22, but Dogecoin has shown comparative strength, soaring about 40% higher, while Shiba Inu has rebounded a more conservative 11%.

Shiba Inu Lags Dogecoin, But Here's Why The Crypto Could Catch Up

Shiba Inu (CRYPTO: SHIB) has seen 100% weekly burns in the past week, as investors seek to reduce the supply of the coin in a bid to drive up prices. What Happened: According to the Shibburn Twitter account, 223,264,370 SHIB tokens were burned and 51 transactions were made in the last seven days.

Shiba Inu Sees 100% Weekly Burns As Whales Stack Up $66M

Bitcoin

Ether

Polygon

Crypto insights firm IntoTheBlock finds that the majority of those invested in leading meme token Dogecoin (DOGE) are in profit while holders of other large crypto assets are weathering losses. At time of writing, 57% percent of all DOGE holders are in profit, while 37% are underwater and 6% are breaking even.

Most Dogecoin Holders in Profit As Bitcoin, Ethereum, Shiba Inu, Polygon Investors Nurse Losses: IntoTheBlock

Solana

The market cap of popular cryptocurrency Solana (CRYPTO: SOL) and meme coin Shiba Inu (CRYPTO: SHIB) has slipped below that of Dogecoin (CRYPTO: DOGE) relative Litecoin (CRYPTO: LTC). What Happened: At the time of writing, LTC was at 13 in terms of market capitalization, while SHIB ranked 14th in the list and SOL was at 16, according to CoinMarketCap's top 100 list of cryptocurrencies.

Solana, Shiba Inu Market Cap Shrinks Below This Dogecoin 'Relative' Amid Chaotic Market Conditions

Shiba Inu (CRYPTO: SHIB) and Baby Doge Coin (CRYPTO: BABYDOGE) were both trading slightly lower during Friday's 24-hour trading session, in continued consolidation after the FTX debacle and resulting bankruptcy sent the wider crypto sector plunging on Nov. 8 and Nov. 9. Shiba Inu and Baby Doge Coin have traded in tandem with Dogecoin (CRYPTO: DOGE), settling into triangle patterns, which could also be considered bear flag patterns when paired with the FTX-induced decline.

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