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SHIB Burns Surge, New Web3 Game Set to Launch on Shibarium

Shiba Inu Burn Rate Freeze: What’s Behind the Sudden Stagnation?

The Shiba Inu community achieved a significant milestone as the burn rate soared by an astonishing 7,334%, with several million SHIB coins destroyed. The crypto wallet tracking platform Shibburn reported this dramatic rise. Overnight, the burn rate showcased a massive four-digit increase. This event coincided with the SHIB team hinting at a crucial Web3 upgrade […]

Shiba Inu Community: Tips to Avoid Phishing and Fake Airdrop Scams

Massive $22 Million Hack at Indodax: 9 Billion SHIB Tokens Stolen – What Went Wrong?

The Shiba Inu (SHIB) community faces two significant threats: phishing scams and fake airdrops. As SHIB’s popularity grows, malicious actors increasingly target unsuspecting holders. In two tweets, ShibArmy Scam Alerts issued vital warnings. ShibArmy Scam Alerts highlighted phishing scams, where malicious actors send fraudulent messages, often via email, that appear to come from a reputable […]

Shiba Inu Community Burns 900M SHIB in June 2024

Shiba Inu Burn Rate Freeze: What’s Behind the Sudden Stagnation?

The Shiba Inu community burned over 900 million SHIB tokens in June 2024, according to on-chain data from Shibburn, a community-driven burn tracker. Specifically, enthusiasts incinerated 918,079,655 SHIB tokens across 237 transactions last month, permanently removing them from circulation. At the current exchange rate of $0.00001732, these tokens are valued at $15,901. One notable burn […]