Key Points: After the relaunch, Shibarium, the blockchain used by Shiba Inu, gained 100,000 wallets thanks to an influx of 35,000 users in just 24 hours. Shibarium prevents future network glitches by resolving software issues and introducing token withdrawals. SHIB’s cost rises 2.5% post-relaunch, and Shibarium sparkles with speedy 5-second block times and taking off…
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Central issues: On-chain data indicates that three SmartMoney addresses participated in the popular memecoins PEPE and SHIB early, earning millions of dollars. The address with the highest profits receives $3.84 million from SHIB and $1.34 million from PEPE. PEPE’s meteoric rise in profits has pushed the memecoin market’s market cap past $1 billion in just…
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Shiba Inu (SHIB) was underperforming Bitcoin (BTC) at the start of the week as prices declined due to indications that major cryptocurrency holders are planning to sell. Shiba Inu’s price has declined 5% since its late-Sunday peak, trailing the price movement of Bitcoin, which has decreased 1% during the same time period, and other comparable…
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