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2022-09-27 07:32:02 Shiba Inu’s BONE Becomes Most Used Smart Contract Amongst Ethereum Whales

One of Shiba Inu ecosystem tokens, BONE, is currently trending among Ethereum whales who are using it for smart contracts. According to data from Whale Stats, BONE is the most used smart contract among the top 1000 Ethereum whales. The new interest can be linked to the sudden rise of the token’s value over the past week.

BONE is one of the three major tokens in the Shiba Inu ecosystem. The token has a total supply of 250 million and serves as the governance token for the Shiba Inu ecosystem. However, only 230 million of the tokens will be circulated because the Shiba Inu community voted to cap BONE farming at 230 million minted tokens. This decision was to keep the remaining 20 million for Shibarium validators. Shib holders has steadily grown despite the market downturn.

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2022-09-25 08:28:02 Ethereum's Vitalik Buterin 'Very Hopeful' Dogecoin Moves to Proof of Stake

Now that the Ethereum merge is complete, Vitalik Buterin thinks other blockchains like Dogecoin and Zcash should follow suit. “As proof of stake matures, I expect it to just increase in legitimacy more and more over time,” Vitalik said over video chat at the Messari Mainnet conference on Friday.

Ethereum executed its long-awaited merge event, moving its main network from the energy-intensive proof-of-work (PoW) model to the more energy-efficient proof-of-stake (PoS) model. The high-stakes event went smoothly, said Buterin, despite every test network merge experiencing “some kind of bug.”. At Mainnet, Buterin spoke with Messari CEO Ryan Selkis and the CEO of Electric Coin Company Zooko Wilcox-O’Hearn.

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2022-09-24 10:41:02 Dogecoin Whales Scoop Up 620M DOGE in Anticipation of Price Breakout

Dogecoin (DOGE) price has finally taken a turn towards gains as the $0.06 support maintains its stance, but can a true reversal take place. The global cryptocurrency market cap moved back above the $945 billion mark after a 3.34% increase over the last day. During this time, altcoins took the lead in terms of market gains.

DOGE’s 4.5% gains on the daily chart weren’t massive compared to some of its altcoin peers, however, changes in certain long-term technicals and on-chain signals gave way to higher social anticipation among DOGE HODLers. The DOGE price has made lower lows on the daily chart since Sept. 13. Prior to that, the meme token managed to make occasional gains owing to the larger market’s short-term bullishness or high social anticipation. In the early trading hours of Sept. 23, DOGE recorded its first higher low after a long downtrend, hinting at a reversal from the $0.057 support level.

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2022-09-23 08:23:02 Shiba Inu Price Readies for Rally After 410 Trillion SHIB Burned to Date

Shiba Inu recently implemented a rigorous token burn campaign, leaving the SHIB army ecstatic but can it aid a price recovery from the lower support levels as hoped. Despite their bearish undertones, meme tokens often carve their niche in the crypto market by pushing gains and charting rallies.

SHIB HODLers have been dreaming of price gains since Aug. 15, when the meme token saw close to 45% gains in just four days. Last week, after Shiba Inu’s pseudonymous founder and lead developer, Shytoshi Kusama, made the announcement of an aggressive token burn campaign investor eyes once again gleamed with the hopes of an incoming rally. Up until Sept. 22, more than 410 trillion SHIB have been burnt in total from the initial supply which accounts for over 41% of the maximum total supply to date.

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2022-09-22 15:06:02 30% of Shiba Inu Holders Are Now Holding for Long-Term Reasons

According to IntoTheBlock data, 30% of Shiba Inu holders are now holding for long-term reasons. This comes as Shiba Inu is recording more "hodlers" among its holder class. Per IntoTheBlock's holders' composition by time held, 30% of SHIB holders have held onto their tokens for more than a year, 67% have held within a year and 3% have held onto their tokens for less than a month.

Shiba Inu has also seen the addition of new owners in recent weeks. Per WhaleStats data, the Shiba Inu holder count stands at 1,224,213. An increase in the number of holders suggests interest in an asset over the long term. At the time of publication, SHIB was changing hands at $0.00001083, marginally up in the last 24 hours. The SHIB price is garnering momentum for its next move, but the picture remains that of consolidation for now.

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2022-09-21 17:28:02 Shiba Inu Game Launches on Play Store in Australia

Shiba Eternity, Shiba Inu’s much-anticipated game, is now available for users on the PlayStore in Australia, according to a Monday announcement. As reported by U.Today, the game was originally launched for Apple’s App Store users in the country last week. On Sunday, lead developer Shytoshi Kusama confirmed that Australia was likely to be the last test location for the cryptocurrency.

Prior to that, the game was successfully tested in Vietnam. As reported by U.Today, the game became a hit in the country, which prompted the developers to boost the capacity of servers fifty-fold. In December, Shiba Inu Games partnered with PlaySide Studios, Australia’s leading video game developer. Last month, Shiba Eternity was showcased at Gamescom, one of the world's largest gaming events.

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2022-09-20 19:30:31 Shiba Inu Lead Developer Provides Important Update on SHIB Burning Mechanism

In a series of tweets today, Shytoshi Kusama, a leading developer and probably the main representative of Shiba Inu in the media space, announced the coming of important events in the life of all ecosystem projects. In particular, the developer once again mentioned the game Shiba Eternity and burning in the same context, which may imply SHIB burning through in-game mechanics.

Among other things, in his address to the community, the representative of Shiba Inu promised to give updates on Shibarium soon as well. So updates on the long-awaited Layer 2 solution, which will give application to all the tokens of the ecosystem, should be expected when the blockchain version is released.In any case, updates should be announced soon. Give us time and you will see for yourself, summed up the Shiba Inu representative.

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2022-09-19 06:26:02 Dogecoin has crashed 75% against Bitcoin since Elon Musk's SNL appearance

Dogecoin (DOGE) may be back in the top-ten cryptocurrency by market capitalization, but its loses in both USD and Bitcoin (BTC) terms since Elon Musk's SNL appearance are considerable. The DOGE/BTC trading pair has fallen 75% after peaking out at 1,287 satoshis on May 9, 2021, a day after Musk was a guest host on Saturday Night Live.

Investors reflected hopes that even an optimistic wink from Musk on SNL toward DOGE would prompt his 106 million followers to buy the meme-token. But Musk did an unforeseeable thing: he called Dogecoin a "hustle.". One day later, DOGE's price began its decline from its all-time high. It continues its downtrend to this day, changing hands for about 300 satoshis versus its peak value of 1,287 satoshis. Simultaneously, the price of Dogecoin has crashed by more than 90% against the U.S. dollar after peaking out at $0.76 in May 2021.

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2022-09-18 11:26:02 Dogecoin Now Second-Largest Proof-of-Work Coin After Ethereum Merge

With the Ethereum merge now completed and the top blockchain for NFTs and decentralized applications switched to a proof-of-stake system, Dogecoin is now the second largest proof-of-work coin after Bitcoin by market cap. Dogecoin is currently the tenth-largest cryptocurrency, with a market capitalization of $7.95 billion.

Dogecoin, like Bitcoin, is mined using proof of work, which means miners use computers, and a considerable amount of energy, to solve complex mathematical equations, validating transactions and receiving DOGE as a reward. Every day, miners extract roughly 14.4 million DOGE, according to crypto tracking platform Currency.com, adding to the coin’s 132.6 billion supply. Unlike Bitcoin, which has a limited supply of 21 millions that will ever exist, Dogecoin has no cap.

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2022-09-17 20:26:02 Billions of SHIB Could Be Burned with This New App

Shibburn Twitter account, which stands behind the same-name burn tracking website, has announced that it has launched a mobile phone app, which will make it easier to burn Shiba Inu tokens. The app has been rolled out for both Android and iOS platforms. The main app is also on track to be released.

Shibburn tweeted that the app called Alexa Skill was created for Shibburn Radio. On Sept. 2, it introduced this additional project that is also engaged in burning Shiba Inu coins by sending them to dead addresses. Back in early September, Shibburn also stated in a tweet that a separate website would be launched for this project, and live DJs would be working with it in a studio. Back then, Shibburn Radio was 95% done.

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