The volatility of Shiba Inu (SHIB) helped make many investors millionaires in its early days, and speculations mount on whether history can repeat itself in 2024. Launched in 2020, Shiba Inu resonated with many crypto proponents at the time, and as a memecoin that it started it returned a comparatively large return to its early…
Ripple, a leading cryptocurrency payment company, has released a new report emphasizing its strategic focus on penetrating the IT market. According to the report, the global expenditure on IT services is anticipated to hit $1.5 trillion in 2024. The American crypto-focused firm seeks to corner a significant chunk of this expenditure through its enterprise payment…
Following a tremendous rally in 2023, Solana 2024 price prediction has surfaced, with many enthusiasts speculating that the crypto asset could surpass the $200 price level this year. SOL ranked among the top-performing crypto assets last year, having surged from a mere $30 to over $120 in three months. SOL 2023 Rally Solana’s remarkable price…
Cardano founder Charles Hoskinson has commented on Peter Schiff’s early derision of the hype surrounding a potential spot Bitcoin ETF approval in the US. Peter Schiff, one of the most consistent and vocal critics of Bitcoin (BTC), took to X to warn crypto investors about building up undue expectations over the anticipated spot Bitcoin ETF…
According to a December 2023 blog post, the Shiba Inu ecosystem team says Shibarium burns will transition to an automated system by January 2024. The team behind the Shiba Inu ecosystem has revealed plans to automate Shibarium-powered SHIB burns starting January 2024. Notably, the development was confirmed in a blog post shared by the team…
Recent XRP inflation data suggests that XRP price has underperformed compared to others like Solana and Ethereum due to low demand and not inflation triggered by Ripple sales. Mr. Huber, a prominent on-chain sleuth, highlighted this in a recent disclosure on X, where he shared data on XRP’s inflation rate since 2015. It bears mentioning…
With the falling of the 2023 curtain, the Shiba Inu team endeavored to recap the most significant events that unfolded within the Shiba Inu ecosystem throughout the year. The 2023 retrospect made the bulk of the team’s eighth edition of The Shib Magazine. According to Shiba Inu, an ideal way to commence the new year…
Shiba Inu lead developer Shytoshi Kusama celebrates as Shiba Inu emerged as the second most traded token on India-based crypto exchange WazirX in 2023. Shiba Inu’s lead developer, Shytoshi Kusama, has taken to the X (formerly Twitter) to celebrate a major trading milestone SHIB recorded in 2023. SHIB Shines As Second Most Traded Token on…
Mr. Huber, an on-chain sleuth in the XRP community, has revealed a striking correlation between the XRP buybacks by Ripple and the cryptocurrency’s price movements. It bears mentioning that XRP often records inexplicable price surges on occasion. In a recent post on X, Mr. Huber claims that Ripple’s buybacks are the main driver of these…
Shiba Inu (SHIB) investors believe the token has the potential to deliver impressive gains, leading to speculation on the potential returns on a 100 million SHIB holding. The optimism surrounding Shiba Inu stems from current bullish developments and the token’s rich history of massive price surges. SHIB has held above $0.00001 for over a week,…