The Shiba Inu pack is growing stronger by the day, as the community celebrates a monumental achievement: surpassing 1.5 million SHIB holders! This incredible feat, detailed in your weekly Doggy Bytes, isn’t just a number—it is a powerful testament to the Shib Army’s unwavering diamond paws and the vibrant, ongoing evolution of the entire ecosystem, even as other positive news keeps rolling in.
Shiba Inu just flexed its community muscles, hitting a whopping 1.5 million holders according to Etherscan. That’s up 0.08%—which, sure, isn’t exactly an overnight moonshot, but in a bear market where most tokens are struggling to keep the lights on, even a slow burn is a win.
The Shib Army keeps stacking, proving that meme coin mania isn’t just a phase but a lifestyle. With Shibarium cooking, Shiba Eternity grinding, and the metaverse now available to the public, this dog’s still got some bite left.
So, what’s next? 2 million holders and a Super Bowl ad? Or just more diamond paws refusing to sell? Either way, the pack marches on. 🐕🔥
Also, The Shib Daily recently reported that Shiba Inu (SHIB) barreled past key resistance levels, sending trading volume through the roof! Crypto analyst Javon Marks is still eyeing that breakout target, stating, “$SHIB breakout target at the $0.000081 level goes UNCHANGED!”
Meanwhile, Bone ShibaSwap (BONE) and Doge Killer (LEASH) have been listed on Exchang.io, joining the ranks of top meme coins for users to instantly swap. This exciting addition is just another step in growing the vibrant Shiba Inu ecosystem.
And did you know? Shibarium’s integration with Chainlink, the leading blockchain abstraction layer, enhances the network by providing reliable and secure access to off-chain data. This collaboration not only strengthens the Shibarium ecosystem but also enables developers to create innovative applications that leverage real-world data.
As for upcoming events, prepare for a whimsical Aladdin-inspired crypto bash at the Spotlight Beach Music Festival during TOKEN2049 in Dubai on April 30 to be hosted by LBank and Shib. Will we see you at the 1001 Crypto Nights, Shib Army?
As of 2:25 a.m. ET on Wednesday, Shiba Inu (SHIB) continues to demonstrate its staying power in the crypto landscape, trading at $0.00001260 and showcasing a solid 5.66% gain over the past week. This upward trend, coupled with a robust $132.46 million in 24-hour trading volume, suggests sustained investor engagement and liquidity, reaffirming SHIB’s position as a leading meme coin with genuine community support.
With a market capitalization of $7.43 billion, even a slight 0.08% increase represents a significant increment in overall value, highlighting the scale and potential of SHIB’s ecosystem. While the percentage change might appear modest, it signifies stability and incremental growth within a large and established digital asset, making SHIB a noteworthy contender for those seeking established projects with proven staying power in the decentralized space.
At 2:17 a.m. ET on Wednesday, Bone ShibaSwap (BONE) demonstrated its resilience and potential, trading at $0.2268 after a solid 5.61% gain over the past seven days. This steady upward trajectory hints at growing confidence in BONE’s utility within the Shiba Inu ecosystem.
A notable 9.30% surge in 24-hour trading volume to $3.37 million suggests increased market activity and a deepening interest in leveraging BONE’s functionalities, potentially driven by its role in governance (ShibaSwap) and gas fee token in Shibarium. While the market capitalization saw a modest 0.48% increase to $52.18 million, this, combined with the rising trading volume, underscores the growing recognition of BONE as a valuable asset within the expanding Shiba Inu universe.
As of 2:35 p.m. ET on Monday, data revealed a notable increase in the Shiba Inu Treat (TREAT) token, which was trading at $0.004841, reflecting a gain of 1.25% over the previous day. This modest rise in price, coupled with a robust 24-hour trading volume of $3.22 million, underscores the growing interest and activity surrounding the TREAT token.
The increase in trading volume indicates heightened investor engagement and confidence, suggesting that TREAT is becoming a more integral part of the community’s offerings.
As TREAT continues to gain traction, it not only enhances the utility of the Shiba Inu ecosystem but also contributes to the overall stability and potential growth of the Shiba Inu brand in the competitive cryptocurrency market.
There was an encouraging trend for LEASH at 2:35 p.m. ET on Monday, with its price rising to $132.61, an increase of 1.43% compared to the day before. This growth reflects a burgeoning interest in LEASH, underscoring its pivotal role as a provider of access to exclusive features and rewards in the ecosystem.
Furthermore, the 24-hour trading volume of $994.16 thousand indicates a strong market presence and active participation from investors.
These figures signify that as LEASH continues to appreciate in value and attract trading activity, it enhances its status, fostering a more dynamic environment for community members and potentially leading to greater adoption and use cases in the future.
The ShibTorch platform continues to make significant strides in reducing Shiba Inu’s circulating supply, evidenced by a substantial burn of 713,128,264 SHIB tokens. This impressive reduction is further amplified by a notable 10.02% increase compared to the prior week, showcasing an accelerating burn rate driven by the Shiba Inu community and its collaborative efforts.
This proactive approach to tokenomics demonstrates the commitment to long-term value appreciation by strategically decreasing supply. For SHIB holders and potential investors, this sustained burn activity signals a positive trajectory towards greater scarcity, further emphasizing the project’s dedication to its token’s sustainable future and potential growth. The ongoing efforts of ShibTorch underscore the community’s strength and dedication to the Shiba Inu vision.
Hooray for CryptoQueen who rocked the stage for ShibWomen at Web3 Amsterdam! You’re not just a voice for the Shib Army but also a beacon of courage for all the incredible women in the Web3 industry.
Is it a BBQ or a burger? You don’t have to choose because with Welly’s newest creation—the Shibbq Burger—you can have the best of both worlds!
