In April, the second largest meme cryptocurrency, Shiba Inu, has several times returned as the token with the largest USD value for Ethereum whales and was on the list of the 10 most purchased coins, according to data shared by WhaleStats crypto tracker.

Recently the Shiba Inu developers have announced their progress toward the digital universe. SHIB agents have been working on their Metaverse for a few months now, where they plan to launch various land plots.

Popular memecoin Shiba Inu hit its lowest threshold in over 7 months on Monday as it dropped by over 20%. The steep fall marks the memecoin’s lowest price since October 2021. From a top of $0.00001885 on Sunday to a bottom of $0.00001492, the SHIB/USD pairing fell by 20.84% within 24 hours. Shiba Inu’s ranking stands at 16th in terms of market value, with a current valuation of $8.2 billion.

The people behind Shiba Inu (SHIB-USD) announced on Wednesday that you can now buy land in the SHIB metaverse using the meme coin for payment. That’s good news at a time when SHIB could use a boost, down around 75% since its October 2021 all-time high, but it might not be enough.

Shiba Inu is a meme-inspired cryptocurrency. It was created as an Ethereum token, and the Shiba Inu meme is what inspired its creation.

Shiba Inu price gives reason to believe in a 30% countertrend rally at a minimum. The invalidation level lies 15% below $0.00001704.

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As of April 12, Shiba Inu (SHIB-USD) crypto is now lastly out there for buying and selling on the Robinhood (NASDAQ:HOOD) brokerage platform. Steve Quirk, Chief Brokerage Officer at Robinhood announced the commencement of shopping for and promoting of 4 new cryptocurrencies, together with Compound (COMP-USD), Polygon (MATIC-USD), Solana (SOL-USD), in addition to SHIB crypto.

U.Today provides you with an overview of the past weekend’s crypto events with the top four news stories.

The well-known meme coin project Shiba Inu (SHIB) has recently launched a SHIB Burn Portal. This was done to decrease token supply and to allow users to earn pass...

It’s been an eventful week for Shiba Inu (SHIB-USD) holders. The pupcoin favorite is seeing investors’ wildest dreams come to fruition via a Robinhood (NASDAQ:HOOD) listing. But today, developers are keeping the good times rolling. The long-awaited listing is being joined by another piece of long-awaited news. SHIB: the Metaverse is becoming a reality today, as users get their first chance to bid on land.

Shiba Inu (SHIB) traded down 6.8% against the US dollar during the 1 day period ending at 8:00 AM ET on April 18th. Shiba Inu has a total market cap of $13.26 bil...

The global cryptocurrency market cap on Wednesday, April 20, was standing at US$1.92 trillion. Emerging altcoin Shiba Inu is recently the talk of the town as it gets listed on crypto trading app Robinhood. The token has gained more than 40 million percent in the past year. The SHIB ecosystem has also dropped several non-fungible tokens or NFTs, and a page for them says they’re currently sold out, though it promises other packs in near future. Crypto experts believe that Shiba Inu could record a 10% price hike this month. Altcoin investors are having high hopes for Shiba Inu. It is a tempting investment, especially as its price has skyrocketed in recent times. However, it’s also an incredibly risky altcoin, and it’s likely to experience even more volatility in the future. By understanding these risks, it will be easier to make informed investment decisions and protect your portfolio.

The 5th largest Ethereum (ETH) whale identified as BlueWhale0073 has been grabbing Shiba Inu (SHIB) tokens in billions over the last 24 hours. The whale has in two separate transactions purchased a total of 289 billion SHIB tokens worth about $7 million.

Gucci, one of the famous fashion brands, will start accepting Bitcoin, Dogecoin, Shiba Inu, and some other cryptocurrencies at select locations in North America, according to a report published by Vogue Business.

A recent dump in Shiba Inu (SHIB) prices appears to have attracted accumulation by holders of the biggest Ethereum wallets.

Shiba Inu price could recover from its losses with the rising real-world adoption of SHIB. Business and applications with utility in the real world have announced SHIB acceptance, fueling a bullish outlook among investors.

Shiba Inu (SHIB) has lost nearly 70,000 token holders over the last 28 days -- falling from a peak of 1,199,453 SHIB holders on March 15, 2022 to 1,129,628 as of yesterday, according to CoinMarketCap -- the exact loss was 69,825 users. That averages out to 2,493 lost SHIB holders every day.

Shibburn reports that burn activity has rapidly increased in the past 24 hours on the Shiba Inu burning portal. Over 1.4 billion tokens have been burnt in over 160 transactions.

Adoption and usage of the two tokens failed to move prices by much even as the crypto market added 5%.