Shiba

Core

Shiba Inu

<figure> 
 <figcaption>
 Cover image via <a href="https://u.today/">U.Today</a>
 </figcaption> 
</figure>
The <a href="https://u.today/zero-shib-burned-in-24-hours-whats-going-on">Shiba Inu</a> marketing lead known under the pseudonym Lucie has addressed the SHIB army with an intriguing tweet, which raised a wave of positive comments from the community.
The tweet consists of just four words and it seems to be meant as a motivation post. Even though it does not mention any Shibarium update or project in particular, it urges the SHIB army to be patient and believe that the best times for the Shiba Inu ecosystem are ahead.
<blockquote class="twitter-tweet">
 Step by step Patience— 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) <a href="https://twitter.com/LucieSHIB/status/1849858081284555248?ref_src=twsrc%5Etfw">October 25, 2024</a>
</blockquote> 
This is a likely reference to a Friday post where Lucie said that the SHIB ecosystem is currently in “the early days of major developments.”
<h2 id="shibarium-reaches-new-milestones">Shibarium reaches new milestones</h2>
In a post published on Friday, Lucie drew the attention of the Shiba Inu community to <a href="https://u.today/shib-burns-skyrocket-65529-heres-how-much-shib-set-on-fire">the significant milestones</a> achieved by the Layer-2 blockchain Shibarium this week. In particular, the number of daily transactions jumped to a staggering 4.77 million level from 127,588 within just a couple of days.
The overall transaction count since the Shibarium launch in August last year now stands at 435,711,744, according to the Shibariumscan explorer. The number of accounts on Shibarium has also grown significantly, showing a major increase from 127,588 on Oct. 21 to 171,199 on Oct. 25. That comprises 34% growth.
Lucie assured that the SHIB team is very busy at the moment, working on various key projects related to Shibarium and the SHIB ecosystem in general: “From Shibarium projects to the Core Team (Shibaswap), everyone is hard at work!”
<h2 id="shib-burns-soar-114">SHIB burns soar 114%</h2>
The popular burn tracker Shibburn reported that the <a href="https://www.shibburn.com/">Shib burn rate increased by 114%</a> over the past day. This growth was achieved thanks to six transactions that destroyed 9,071,593 SHIB meme coins in total.
Three largest ones here transferred 4,527,734, 3,577,935 and 1,918,753 SHIB. Two of them were conducted by the same sender that kicked these millions of Shiba Inu to unspendable blockchain addresses.
Meanwhile, on Friday, the second largest meme cryptocurrency, SHIB, suddenly demonstrated a massive 7.15% plummet, dropping to the $0.00001656 mark. A particularly big hourly candle pushed SHIB 3.56% down.
Since then, the price of the asset has partly pared its losses, recovering by 2.2%. At the time of this writing, the meme coin is changing hands at $0.00001691. <a href="https://u.today/shib-team-mystifies-community-with-recent-4-word-tweet">Read original article on U.Today</a>

SHIB Team Mystifies Community With Recent 4-Word Tweet

Table of Contents

U_Today

Other articles published on Oct 26, 2024

Next-Gen Altcoins: 3 Powerhouses Set to Lead the Crypto Surge

Leading Web3 Wallets of 2024: Trust Wallet, Plus Wallet, MetaMask, and Coinbase Wallet Endorsed b...

Tackling Ethereum’s Storage Woes, How EIP-4444 Aims for a Leaner Future

Central banks’ gold stash now at 12.1% – A level unseen since the 90s

Regret Not Buying Bitcoin Early? These 5 Cryptos Could Be Your Second Chance for Huge Gains

Blockchain Life 2024 gathered the leaders of the crypto community from 120 countries in Dubai (26...

Join our free newsletter for daily crypto updates!