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Shiba Inu is currently trading at $0.0000078 levels and has miles to go to reach the $1 milestone. If SHIB hits $1, current investors could turn into billionaires and own mansions, supercars, and private jets at their disposal. SHIB at $1 could create generational wealth for present investors, but the token is simply not reaching there. Let’s leave $1 aside. Shiba Inu is finding it difficult to even turn the 1-cent dream into a reality. Also Read: Shiba Inu: What Will SHIB’s Price Be on October 1, 2023? The dog-themed token is unable to delete its ‘zeroes’ and reach $0.01 despite multiple project releases from the team. From Welly’s to John Richmond and the newly released Shibarium layer-2 network, none of the developments helped boost SHIB’s price in the indices. In this article, we will highlight the top reasons why Shiba Inu is failing to reach $0.01 and $1. Also Read: Shiba Inu: You Can Now Become a SHIB Millionaire With Only $8 S...

Shiba Inu (SHIB) has had a host of collaborations this year. One of the most anticipated is the one with renowned fashion designer John Richmond. The two are all set to take over the Milan Fashion Week 2022, which has already begun rolling out the carpets and setting up the runways. To kick off the big event, the Shiba Inu and John Richmond family invited everyone to a party held on the evening of the 21st of September. Richmond took to Twitter to invite the Shib Army and his fans. The Shiba Richmond family is inviting you all to the private party for the #MilanFashionWeek in Milan tonight. The Richmond team is hoping to see you starting from 7.30 PM. #MFW#LegendsLiveForever #SHIB #fashion #ShibaJohnRichmond #Richmond #SHIBARMY #JR pic.twitter.com/yBkQiuk1Q3 — John Richmond (@JRichmondstyle) September 21, 2022 Not much was known about what went on at the party, until today when Richmond shared a video clip of the evening. Well, let us just say, the Shib Army sure see...

The Shiba Inu [SHIB] ecosystem has been navigating through the contentious release of its layer-2 protocol, Shibarium. In the midst of this situation, SHIB faced a significant decline and was unable to rally. Nevertheless, there are those who maintain optimism about the meme coin’s potential for an upward movement. While the possibility of SHIB reaching $0.01 might seem ambitious, it is certainly not beyond the realm of possibility. The topic of whether Shiba Inu can achieve a value of $0.01 is a prevalent conversation among novice investors. Judging from the market cap alone, Shiba Inu would need a considerable expansion from its present value of $4.76 billion. To reach a token price of $0.01, SHIB would require a market capitalization of $5.9 trillion. It’s important to emphasize that achieving a market capitalization of $5.9 trillion would position Shiba Inu as a larger entity than Apple. This aspiration is highly speculative and falls beyond the conceivable realm, at...

The internet is flooded with stories about early Shiba Inu investors who turned millionaires are reinvesting in other cryptocurrencies. Read here and here to know more details about the phenomenal tales for a better and more in-depth understanding. If you clicked on those two links that we mentioned, you would know that new and upcoming cryptocurrencies are only using the Shiba Inu brand to further their name using the ‘SHIB millionaires’ tale. Also Read: Shiba Inu: A $2,000 Investment in SHIB Could Have Fetched $1 Billion Shiba Inu: SHIB Millionaires Are Buying More Cryptocurrencies? Source: Instagram / Nickelpack / Kenta Hayashi After making more than $1 million by investing in Shiba Inu during its early days, no data suggests SHIB millionaires are buying more cryptocurrencies. The ones that were brought early, were sold a year after SHIB reached its all-time high of $0.00008616 in October 2021, and most probably never returned to the cryptocurrency markets again. ...

Shibarium ’s native testnet, Puppynet, has been setting new records. It all started towards the end of Q1 when the test network processed more than 1 million transactions with the assistance of more than 200k unique wallets. Fast forward to now, both the numbers stand much higher. As of press time, data from puppyscan. shib .io revealed that the aggregate transactions on the network have now surpassed the 30 million psychological thresholds. Parallelly, the number of wallet addresses has also crossed 17 million.  puppyscan.shib.io Also Read: Shiba Inu: What Could SHIB’s Price Be if Bitcoin Reaches $120,000? Well, even though the cumulative numbers have been on the rise, it should be noted that the overall trend has cooled down of late. A month back, for instance, around 300,000 to 320,000 transactions used to take place on a daily basis. By 19 June, the number noted a significant dip. It has been hovering flat ever since, around the 260,000 threshold. Furthermore, t...

Shiba Inu (SHIB), and the larger crypto market, had taken a beating yesterday. The plummet is attributed to the SEC filing a lawsuit against crypto exchanges Binance and Coinbase. However, the markets seem to be turning around. SHIB has risen 0.5% in the last 24 hours, while Bitcoin (BTC) has risen 4.6% in the same time frame. Nonetheless, SHIB fans and users are hopeful that the Shibarium launch will make up for the losses of this year and the last when it launches. According to Shiba Inu (SHIB) lead developer Shytoshi Kusama, SHIB’s layer-2 protocol, Shibarium, will launch sometime in June or August. Even popular SHIB influencer “Lucie” has said that the upcoming network could go live sometime in Q2 or Q3. However, Lucie did say that the launch could be delayed if there were some issues with testing. So far everything seems to be going smoothly for the team. However, how high can SHIB go with the launch of Shibarium? Will the popular dog-themed crypto delete any more zeros? Will i...

Dubai-based crypto exchange CetoEX has announced that it will soon list Shiba Inu’s (SHIB) offspring token ShibaSwap Bone (BONE). The announcement was made after the exchange conducted a poll via their Twitter handle. The exchange asked its followers to vote for their favorite project between FLOKI CEO, VITA INU, BONK and BONE. A total of 12,792 users cast their votes. BONE received a majority of the votes (42%), with VITA INU trailing behind with 28%. BONK however, received the least interest with only 3% of the votes. #BONE will be listing soon on CetoEX pic.twitter.com/j8XhtIASui — CetoEX (@Cetoex) April 16, 2023 CetoEX is one of the fastest growing crypto exchanges. Moreover, the firm is headquartered in Dubai, a region which has gained a reputation for being friendly to the crypto industry. In fact, the UAE (United Arab Emirates) is one of the most crypto-friendly places to conduct businesses in the world. More BONE listings ahead of Shiba Inu’s Shibarium launch? ...

Shiba Inu has earned its position in the meme coin ecosystem. From the perspective of mere memes and meme coins , including Dogecoin and Shiba Inu, both have come a long way. Particularly, SHIB has emerged to be prominent in terms of partnerships and global listings. With numerous partnerships and listings, Shiba Inu have become globally accessible to users. Also read: Bank of America Expects Fed to Raise Interest Rate to 6% Now, according to the latest details from the Japanese exchange OKCoinJapan, it has been revealed that the exchange has listed Shiba Inu for Japanese users. The exchange mentioned that users who want to trade SHIB should initially update the app. 本日より #シバイヌ $SHIB の取扱いを開始しました🐕 OKCoinJapanでは現在、全24種類の暗号資産をお取...

U.Today has reported that one anonymous user has purchased 850 billion SHIB ahead of the highly-anticipated Shibarium beta launch. With the Layer-2 protocol on the horizon for the meme coin, some members of the SHIB Army are opting to add more of the token to their cryptocurrency asset stash. The purchase was originally reported on Twitter by user @needazar, who shared a screenshot of a successful purchase involving nearly 850 billion SHIB. The transaction showed the user paid just over $9.2 million in USD for the digital assets. #Shibarium around the corner 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀 pic.twitter.com/Z0BUbkka3M — Ali Needazar™ (@needazar) January 22, 2023 Although many assumed the original poster was behind the transaction, he quickly disputed the claim, according to the initial report. Stating that it was not he who purchased the massive amount of Shiba Inu, but anoth...

The crypto industry crumbled in several ways throughout 2022. Many expected the market to carry this notion into 2023, however, recovery was on the cards. As Bitcoin [BTC] rose beyond $21K, altcoins followed suit. Today, however, Shiba Inu [SHIB] was leading the rally. The meme crypto surged by 19% over the last 24 hours. This rally was linked to various factors ranging from Shibarium to its entry into the South Korean market. Earlier today, the largest South Korean exchange, Upbit announced the listing of Shiba Inu and Gala [ GALA ]. However, fiat transactions supporting Shiba Inu will be allowed through this listing. In addition to this, GALA’s Bitcoin transactions will be permitted. Another thing to be noted is that Shiba Inu and Gala deposits will be supported only by the ERC-20 network. The exchange will not allow BNBChain deposits. In addition, Shiba Inu and Gala are subject to buy and sell restrictions as they are newly listed assets. According to Upbit...