{"id":565691,"date":"2023-12-17T06:47:26","date_gmt":"2023-12-17T06:47:26","guid":{"rendered":"https:\/\/wncen.com\/?p=565691"},"modified":"2024-06-11T11:07:14","modified_gmt":"2024-06-11T11:07:14","slug":"shiba-inu-just-spiked-12-overnight-whats-the-next-move","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/shiba-inu-coin\/shiba-inu-just-spiked-12-overnight-whats-the-next-move\/","title":{"rendered":"Shiba Inu Just Spiked 12% Overnight – What’s The Next Move?"},"content":{"rendered":"

People who are interested in investing in cryptocurrencies are shifting their attention to possible chances in the market as the holiday season draws near.\u00a0As a noteworthy option for seasonal gains, Shiba Inu (SHIB) has a distinctive combination of appeal, volatility, and prospective returns.<\/p>\n

Lead developer of Shiba Inu, Shytoshi Kusama, recently provided insight into the meme coin’s endeavors as it progresses in the cryptocurrency space.<\/p>\n

Kusama Unveils Shiba Inu Community’s Ingenuity<\/strong><\/h2>\n

Kusama, a well-known figure in the cryptocurrency sector, provided some new perspective into the remarkable efforts made by the Shiba Inu community to improve the token’s complex economics through an engaging series of social media posts.<\/p>\n

Related Reading: Osmosis Rally Intensifies With 77% Increase \u2013 Will OSMO Hit $2 This Month?<\/a><\/div>\n

The thriving and dynamic community that supports SHIB has shown an unwavering dedication to increasing the Shiba Inu token’s overall value and utility.<\/p>\n

Through his posts, Kusama revealed a patchwork of projects that aim to strengthen the Shiba Inu ecosystem, from creative staking techniques to decentralized apps (DApps).<\/p>\n

The focus on community involvement in tokenomics development demonstrated a shared goal of establishing Shiba Inu as a strong and long-term digital asset.<\/p>\n

\"\"SHIB triggered a 12.5% increase in the last 24 hours. Source: Coingecko<\/pre>\n
At the time of writing, SHIB was trading at $0.000010, making a surprise increase of 13%<\/a> in the last 24 hours, and sustaining a 9% gain in the last seven days, data from Coingecko shows.<\/p>\n
The announcement by the Shiba Inu (SHIB) community to burn billions of tokens in the near future clearly had a good effect on the meme coin’s price today. Kusama’s emphasis on this action marks a substantial transition for SHIB from its meme-centric beginnings to a global standard in the cryptocurrency and blockchain space.<\/p>\n
Shiba Inu currently trading at $0.0000108005 territory. Chart: TradingView.com<\/a><\/pre>\n
Interest in SHIB is growing because of the upcoming token burn, which could enhance the community’s dedication to guiding SHIB’s development and raise its perceived value.<\/p>\n
The administrator of the Shiba Inu Discord channel, who goes by the handle DaVinci, took to Telegram’s “Shibarium Tech” channel to make a significant statement to the Shiba Inu community.<\/p>\n
He gave the SHIB army’s expectation that the 25 billion\u00a0SHIB on Shibarium would burn earlier this week some context.<\/p>\n
\n
Here’s the update on the $SHIB<\/a> burns from the @Shibariumtech<\/a> TG pic.twitter.com\/7dU1gGsy9v<\/a><\/p>\n
\u2014 Digarch.shib | Shibarium is live (@Digarch) December 15, 2023<\/a><\/p><\/blockquote>\n
\"\"SHIB circulating supply in green. Source: Shibburn<\/a><\/pre>\n
He said that SHIB burns might occur at any time and that the SHIB crew is hard at work planning them. As “everything has to happen in the correct way,” he advised the people to “take it easy.”<\/p>\n
SHIB Burns Surge<\/strong><\/h2>\n
Three unique addresses are used to compute burns:<\/a> tokens transferred to the Genesis address, which lowers the supply, and two dead wallets with no accessible keys.<\/p>\n
The SHIB burn rate has increased significantly by 10.07% in the last 24 hours, destroying 1.18 million coins, as of this writing.<\/p>\n
\"\"<\/p>\n
Source: Shibburn<\/a><\/p>\n
Related Reading: Why BONK Keeps On Rising, Price Explodes 124% Today \u2013 Here\u2019s The Scoop<\/a><\/div>\n
The SHIB developers moved an incredible 8 billion\u00a0SHIB to a dead-end blockchain address earlier this month. Regarding the current SHIB burning, only 1,184,166 SHIB were destroyed in the last day.<\/p>\n
\n
\u26a1\ufe0fTOP #MEME<\/a> Tokens by Social Activity $SHIB<\/a> $DOGE<\/a> $PEPE<\/a> $FLOKI<\/a> $BONK<\/a> $QUACK<\/a> #BABYDOGE<\/a> $TSUKA<\/a> $VINU<\/a> $YOOSHI<\/a> pic.twitter.com\/v2n5qMXsxk<\/a><\/p>\n
\u2014 \ud83c\uddfa\ud83c\udde6 CryptoDep #StandWithUkraine \ud83c\uddfa\ud83c\udde6 (@Crypto_Dep) December 12, 2023<\/a><\/p><\/blockquote>\n
Meanwhile,\u00a0SHIB has taken the top spot on the list of meme coins with the highest level of social activity, according to recent research from Crypto Dep.<\/p>\n
The information, which comes from the reliable social intelligence site Lunar Crush, highlights how dominant Shiba Inu is in comparison to other well-known meme-based cryptocurrencies like DOGE, FLOKI, and PEPE.<\/p>\n
Featured image form Shutterstock<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"
People who are interested in investing in cryptocurrencies are shifting their attention to possible chances in the market as the holiday season draws near.\u00a0As a noteworthy option for seasonal gains, Shiba Inu (SHIB) has a distinctive combination of appeal, volatility, and prospective returns. Lead developer of Shiba Inu, Shytoshi Kusama, recently provided insight into the meme coin’s endeavors as it progresses in the cryptocurrency space. Kusama Unveils Shiba Inu Community’s Ingenuity Kusama, a well-known figure in the cryptocurrency sector, provided some new perspective into the remarkable efforts made by the Shiba Inu community to improve the token’s complex economics through an engaging series of social media posts. Related Reading: Osmosis Rally Intensifies With 77% Increase \u2013 Will OSMO Hit $2 This Month? The thriving and dynamic community that supports SHIB has shown an unwavering dedication to increasing the Shiba Inu token’s overall value and utility. Through his posts, Kusama revealed a patchwork of projects that aim to strengthen the Shiba Inu ecosystem, from creative staking techniques to decentralized apps (DApps). The focus on community involvement in tokenomics development demonstrated a shared goal of establishing Shiba Inu as a strong and long-term digital asset. SHIB triggered a 12.5% increase in the last 24 hours. Source: Coingecko At the time of writing, SHIB was trading at $0.000010, making a surprise increase of 13% in the last 24 hours, and sustaining a 9% gain in the last seven days, data from Coingecko shows. The announcement by the Shiba Inu (SHIB) community to burn billions of tokens in the near future clearly had a good effect on the meme coin’s price today. Kusama’s emphasis on this action marks a substantial transition for SHIB from its meme-centric beginnings to a global standard in the cryptocurrency and blockchain space. Shiba Inu currently trading at $0.0000108005 territory. Chart: TradingView.com Interest in SHIB is growing because of the upcoming token burn, which could enhance the community’s dedication to guiding SHIB’s development and raise its perceived value. The administrator of the Shiba Inu Discord channel, who goes by the handle DaVinci, took to Telegram’s “Shibarium Tech” channel to make a significant statement to the Shiba Inu community. He gave the SHIB army’s expectation that the 25 billion\u00a0SHIB on Shibarium would burn earlier this week some context. Here’s the update on the $SHIB burns from the @Shibariumtech TG pic.twitter.com\/7dU1gGsy9v \u2014 Digarch.shib | Shibarium is live (@Digarch) December 15, 2023 SHIB circulating supply in green. Source: Shibburn He said that SHIB burns might occur at any time and that the SHIB crew is hard at work planning them. As “everything has to happen in the correct way,” he advised the people to “take it easy.” SHIB Burns Surge Three unique addresses are used to compute burns: tokens transferred to the Genesis address, which lowers the supply, and two dead wallets with no accessible keys. The SHIB burn rate has increased significantly by 10.07% in the last 24 hours, destroying 1.18 million coins, as of this writing. Source: Shibburn Related Reading: Why BONK Keeps On Rising, Price Explodes 124% Today \u2013 Here\u2019s The Scoop The SHIB developers moved an incredible 8 billion\u00a0SHIB to a dead-end blockchain address earlier this month. Regarding the current SHIB burning, only 1,184,166 SHIB were destroyed in the last day. \u26a1\ufe0fTOP #MEME Tokens by Social Activity $SHIB $DOGE $PEPE $FLOKI $BONK $QUACK #BABYDOGE $TSUKA $VINU $YOOSHI pic.twitter.com\/v2n5qMXsxk \u2014 \ud83c\uddfa\ud83c\udde6 CryptoDep #StandWithUkraine \ud83c\uddfa\ud83c\udde6 (@Crypto_Dep) December 12, 2023 Meanwhile,\u00a0SHIB has taken the top spot on the list of meme coins with the highest level of social activity, according to recent research from Crypto Dep. The information, which comes from the reliable social intelligence site Lunar Crush, highlights how dominant Shiba Inu is in comparison to other well-known meme-based cryptocurrencies like DOGE, FLOKI, and PEPE. Featured image form Shutterstock<\/p>\n","protected":false},"author":557,"featured_media":565699,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3,83740,92559],"tags":[83668,86002,84473,83667,86578,87680,87774],"class_list":["post-565691","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-shiba-inu","category-shiba-inu-coin","tag-shib","tag-shib-burn","tag-shib-price","tag-shiba-inu","tag-shiba-inu-shib","tag-shibarium","tag-shytoshi-kusama"],"acf":[],"yoast_head":"\nShiba Inu Just Spiked 12% Overnight - What Sparked The Rally?<\/title>\n<meta name=\"description\" content=\"People who are interested in investing in cryptocurrencies are shifting their attention to possible chances in the market as the holiday season draws\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/news\/shiba-inu-coin\/shiba-inu-just-spiked-12-overnight-whats-the-next-move\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Shiba Inu Just Spiked 12% Overnight - 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He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. 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But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats \u2013 a testament to his dedication to his furry companions (more on that later). Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. So, the next time you tread into the world of cryptocurrency, remember the man behind the words \u2013 the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.","sameAs":["jomarjet01"],"url":"https:\/\/wncen.com\/author\/jomarjet01\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Shiba Inu Just Spiked 12% Overnight – What’s The Next Move?","url":"http:\/\/wncen.com\/news\/shiba-inu-coin\/shiba-inu-just-spiked-12-overnight-whats-the-next-move\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/shiba-inu-coin\/shiba-inu-just-spiked-12-overnight-whats-the-next-move\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/12\/a-116.png?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/12\/a-116.png?fit=378%2C210"},"articleSection":"Shiba Inu","author":[{"@type":"Person","name":"Christian Encila"}],"creator":["Christian Encila"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["shib","shib burn","shib price","shiba inu","shiba inu (shib)","shibarium","shytoshi kusama'"],"dateCreated":"2023-12-17T06:47:26Z","datePublished":"2023-12-17T06:47:26Z","dateModified":"2024-06-11T11:07:14Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Shiba Inu Just Spiked 12% Overnight – What’s The Next Move?\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/shiba-inu-coin\\\/shiba-inu-just-spiked-12-overnight-whats-the-next-move\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/shiba-inu-coin\\\/shiba-inu-just-spiked-12-overnight-whats-the-next-move\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/12\\\/a-116.png?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/12\\\/a-116.png?fit=378%2C210\"},\"articleSection\":\"Shiba Inu\",\"author\":[{\"@type\":\"Person\",\"name\":\"Christian Encila\"}],\"creator\":[\"Christian Encila\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"shib\",\"shib burn\",\"shib price\",\"shiba inu\",\"shiba inu (shib)\",\"shibarium\",\"shytoshi kusama'\"],\"dateCreated\":\"2023-12-17T06:47:26Z\",\"datePublished\":\"2023-12-17T06:47:26Z\",\"dateModified\":\"2024-06-11T11:07:14Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/12\/a-116.png?fit=378%2C210","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/565691"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/557"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=565691"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/565691\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/565699"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=565691"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=565691"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=565691"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}