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2022-06-05 10:25:04 Tourists Can Book Rolls Royce, Hotels, Flights, With SHIB on Travala

Travala.com, a crypto-friendly travel website, has reaffirmed its support for the Shiba Inu (SHIB) ecosystem. In a tweet on May 30, the travel agency reaffirmed that they accept SHIB for the booking of supercars like Ferrari, Lamborghini, Rolls Royce, McLaren, Aston Martin, and Bugatti on their website.

Notably, Travala originally announced that it will be adding SHIB as a payment method for its customers last December 7, 2021.This implied that SHIB will be adequate for booking more than three million travel products worldwide on the site, including flights, hotels, and travel packages. Alongside SHIB, Travala accepts payments in over 80 cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Tether USD (USDT). AVA currently trades at $0.68, dropping by only 0.6% in 24 hours. It ranks among the top 500 coins on CoinMarketCap, with a market cap of $35,014,356.

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2022-06-04 12:21:02 U.S. Senate Candidate Proposes Making Dogecoin Legal Tender In California

Timothy Ursich, a California Senate candidate, promises to make the popular meme coin Dogecoin legal tender in the state, even though the odds are stacked against him.Just a couple of years ago, it would have seemed absurd if a country like El Salvador embraced crypto. The technology is still broadly experimental, even if the sector itself is a massive wealth generator and profitable source of tax revenues.

Timothy Ursich Jr., a Democrat running for the U.S. Senate in California against incumbent Sen. Alex Padilla, is in favor of integrating Dogecoin into the economy of the state. The chiropractor and sports medicine specialist took to Twitter Thursday to ask Dogecoin’s parents Billy Markus and Elon Musk to support his campaign.Ursich Jr. claims that he will draft a bill proposing the adoption of the leading meme coin as legal tender if elected on June 7th.

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2022-06-03 09:19:02 Shiba Inu Burned 31,059,157,423 Tokens In May

In May, the Shibburn network, which tracks SHIB burn transactions and regularly destroys meme currencies, has recorded almost 31 billion Shiba Inu trapped in unspendable wallets.Over the last seven days, a total of 31,059,157,423 canine tokens with 1,331 transactions. and out of the circulating supply, according to Shibburn.

So, when may we expect to witness the effects of Shiba Inu burning? The broader crypto market must first experience a period of relative stability. It’s debatable how long that interval would have to last. Best guess is that at least two or three months will suffice.Burning at high levels for an extended period of time would also be required. It shouldn’t be too difficult to meet this requirement.

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2022-06-02 16:17:02 Elon Musk Calls Dogecoin Co-Creator Jackson Palmer a “Tool”

Elon Musk has fired back at Dogecoin co-founder Jackson Palmer for his recent claims that the Tesla CEO doesn’t understand basic code. Instead, Musk insisted that it was Palmer that had the coding skills of a child, and invited him to share his coding prowess with the world.

Musk’s comments were a response to a recent interview with Palmer, where the Dogecoin creator recounted a Twitter interaction he’d shared with Musk many years ago. Palmer had created script intended to automatically report cryptocurrency bots and scam accounts on Twitter, sharing it with the billionaire and others.Such spam accounts are a critical crypto community problem that Musk himself has pledged to address upon taking over the platform. Yet by Palmer’s account, Musk didn’t even know how to run the code – nor was he as smart as everyone thinks.

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2022-06-01 12:02:02 Number of SHIB transactions drop to 14-month low as 72% of holders in a loss

Meme cryptocurrency Shiba Inu (SHIB) has recorded a drop in the number of transactions highlighting the fading hype around meme coins as the general market battles volatility. In May, SHIB’s total number of transactions stood at 207,647, the lowest value in the last 14 months, according to data from blockchain analytics website bloxy.info.

The drop in transactions has aligned with the downward trajectory recorded in recent months. In this line, between January 2022 and May 2022, the transaction plunged by over 26%. Over the last 14 months, the highest transaction was recorded in October last year at 1.38 million. The peak transactions for the period emerged at the height of the crypto bull run, culminating in Bitcoin hitting an all-time high of almost $68,000 in November.

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2022-05-31 15:27:02 2.5 Billion SHIB Burned in Past 7 Days, While Shiba Surges 14%

Shibburn platform that tracks SHIB burn transactions and frequently destroys meme coins itself has recorded over 2.4 billion Shiba Inu locked in unspendable wallets since last Monday.In the meantime, the Shiba Inu price has printed growth of over 14%.

Shibburn has tweeted that over a period of the last seven days, a total of 2,417,015,301 canine tokens have been moved to two dead-end wallets and out of the circulating supply. Burning this large stash of Shiba Inu took 236 transactions.Last week, daily burns of SHIB reported by Shibburn, as covered by U.Today, sometimes reached over half a billion tokens.

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2022-05-30 11:26:02 New Record Highs for Shiba Inu Buying Pressure

A huge drop of more than 30% occurred in Shiba Inu around two weeks ago at the same time as Bitcoin plummeted below the $29,000 barrier. The token came dangerously close to putting a “zero” in the indexes, but it was able to avoid doing so as the market began to recover.

Despite this, investors are continuing to build up their holdings of cryptocurrency. On Coinbase, trading activity for SHIB has reached new heights as a result of 77% of investors placing it on “buy” and just 23% keeping it on “sell.” Since March, SHIB’s purchasing pressure has been unable to exceed the 70% threshold. Nevertheless, the token achieved this milestone yesterday, hitting 77%.

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2022-05-29 13:47:02 Elon Musk Says Spacex Will Soon Accept Dogecoin for Merchandise

Spacex and Tesla CEO Elon Musk says that dogecoin will soon be accepted at Spacex for merchandise, in the same way Tesla is accepting DOGE payments. Furthermore, Starlink subscriptions may also be paid with dogecoin “one day.”

Dogecoin got a little boost Friday when Tesla CEO Elon Musk announced via Twitter that Spacex will soon accept the meme cryptocurrency for merchandise. The Spacex boss tweeted: “Tesla merch can be bought with DOGE, soon Spacex merch too.”In addition, Musk said that Spacex’s Starlink subscriptions may “one day” be paid with dogecoin. Starlink provides “High-speed, low-latency broadband internet in remote and rural locations across the globe,” its website describes.

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2022-05-28 15:47:02 Almost 60 Billion Shiba Inu Tokens Burned Since Portal Launch

The number of Shiba Inu (SHIB) coins in circulation is on the decrease, thanks to a new burning portal that has been in place since April.According to the ShibBurn website, more than 22.2 billion SHIB tokens were burned in the previous seven days leading up to May 22, 2022. This amounts to around $279,281 worth of SHIB.

It is estimated that it took around 500 transactions to move this amount of SHIB. It also seems like the burn rate is steadily increasing.In addition, Twitter user Shiba Archives shared in a tweet posted on May 26 that “we’ve burned 60 billion SHIB since the portal launched.”This SHIB burn already seems to have a positive effect on the meme coin. More and more businesses have already started accepting Shiba Inu. Aside from this, thousands of restaurants in more than 60 countries will be accepting.

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2022-05-27 17:50:04 Shiba Inu welcomes Sherri Cuono to the SHIB Metaverse Team

SHIB - The Metaverse is set to become the culmination of Shiba Inu Token’s history as a community, virtually displayed, in a layer of beautiful visuals that showcase innovation and unity with a place for the #ShibArmy crypto community to truly call home.

We proudly welcome Sherri Cuono to the team. Sherri joins Shiba Inu Metaverse’s Team as an advisor, having worked on various projects from games, entertainment, healthcare and enterprise.As a creative technologist, Sherri's infatuation with Visual Effects propelled her into the world of programming. Scaling products and businesses she has designed some of the most complex and sophisticated solutions, and pipelines. Sherri's curiosity has allowed her to become proficient in XR, Machine learning, AI (Artificial Intelligence) and Blockchain.

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