Here’s a summary of the top news items about Shiba Inu ($SHIB) in the past 24 hours:
1. Positive Feedback for Shibarium and SHIB’s Burning Campaign Continues Shiba Inu’s layer-two scalability platform, Shibarium, has received positive feedback from the community, and anticipation is building for the launch of the Shibarium mainnet. Shiba Inu (SHIB) continues its burning campaign, with significant burns executed by entities such as Coinbase, a dormant whale, and the Blaze Token project. As part of its burn strategy, Shiba Inu (SHIB) has launched an extensive burning campaign, resulting in over 40% of the total supply being burned to date. This development has sparked excitement among long-term Shiba Inu (SHIB) holders. Analysts have maintained a positive outlook, projecting Shiba Inu (SHIB) to trade within the range of $0.0002093 and $0.00002544 by 20241.
2. Shiba Inu Regains AAA Security Audit Rating Shiba Inu (SHIB) returned to the top-notch list on CertiK, a blockchain security audit company. Previously, the blockchain security audit company relegated Shiba Inu to AA, a second-tier security ranking. Today, its security rating reached 94 out of 100, restoring the initial status. The security audit firm held an Ask-Me-Anything (AMA) on Twitter Spaces to answer the questions from the community. The AMA covered the most talked-about topics regarding Shiba Inu, including the upcoming Shibarium L2 mainnet, tokenomics, and how the security rating is calculated2.
3. Discord Clash and Market Impact SHIB Token’s official Discord was halted due to conflicts inside the community, which didn’t bode well for Shiba Inu’s market price, as the coin continues to trade in the consolidation phase. Despite the community conflicts, SHIB experienced a significant burn, with Blaze Token contributing to accelerating SHIB’s Daily Burn rate by 1,516%2.
Have a Shiba Inu scoop? Let us know?
Comments are closed