{"id":546585,"date":"2023-08-10T08:35:26","date_gmt":"2023-08-10T08:35:26","guid":{"rendered":"https:\/\/uniquehot.com\/?p=546585"},"modified":"2024-06-11T11:21:04","modified_gmt":"2024-06-11T11:21:04","slug":"shiba-inu-jumps-18-ahead-of-shibarium","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/shiba-inu-jumps-18-ahead-of-shibarium\/","title":{"rendered":"Shiba Inu Investors Jubilate As Meme Coin Jumps 18% Ahead Of Shibarium Debut"},"content":{"rendered":"

Amidst a more extensive revival in the cryptocurrency market, the value of Shiba Inu has witnessed a significant upward trend today, giving investors of the meme coin a reason to be happy. The surge in its value can be attributed not only to the prevailing favorable feeling in the cryptocurrency industry, but also to a fundamental reason that is bolstering its worth.<\/p>\n

According to data from the crypto market tracker Coingecko, as of the time of writing, the trading price of SHIB reached $0.00000974<\/a>, reflecting a notable increase of nearly 3% within the past 24 hours. Furthermore, the data reveals that SHIB has demonstrated a commendable upward trend of 18.2% over the course of the previous seven days.<\/p>\n

On Wednesday, the cryptocurrency SHIB experienced a significant increase of approximately 5.75%, reaching a value of $0.00001005. This upward movement is part of an ongoing pattern of recovery that commenced two days prior. In aggregate, the price has undergone a reversal of nearly 15% from its most recent nadir of $0.0000947.<\/p>\n

\"\"<\/p>\n

SHIB price as of Thursday. Source: Coingecko<\/a><\/pre>\n
As the situation progressed, it can be observed from an on-chain standpoint that a significant number of the wealthiest addresses associated with Shiba Inu had acquired a notable quantity of SHIB tokens during its recent price recovery over the course of the previous two days.<\/p>\n
Within the realm of cryptocurrency, specifically in relation to canine-themed currencies, Shiba Inu has garnered substantial interest due to its remarkable surge in popularity. Through a dedicated pursuit of diverse advancements, the network strives to emancipate itself from being narrowly categorized as a mere cryptocurrency associated with memes.<\/p>\n
One notable example that deserves attention is Shibarium<\/a>, which distinguishes itself as an innovative layer-2 scaling solution. The diligent endeavors devoted to its creation are approaching the point of realization, with a prospective launch scheduled for the current month.<\/p>\n
<\/p>\n
SHIB market cap at $5.73 billion at the time of writing. Chart: TradingView.com<\/a><\/pre>\n
The imminent technological milestone is eliciting increased enthusiasm among the community, not just because to the development in technology it represents, but also because of the wider ramifications it may entail.<\/p>\n
Related Reading: Can Litecoin Bulls Turn The Tide On Recent Declines? A Closer Look<\/a><\/div>\n
Simultaneously, this positive advancement corresponds with a dominant sense of expectation of a significant change in the direction of the asset’s value. The confluence of Shibarium’s launch and the anticipated fluctuation in price intersect to generate a juncture of considerable prospective metamorphosis for the ecosystem.<\/p>\n
The convergence of technological innovation and market dynamics is being closely observed by stakeholders, who are eager to assess the collective influence on the project’s progress and its market value.<\/p>\n
\"\"<\/p>\n
The anticipated debut of Shibarium gives SHIB a boost in price. Source: DailyCoin<\/pre>\n
Meanwhile, according to the principal inventor of the pseudonymous memecoin, Shytoshi Kusama, Shiba Inu’s forthcoming blockchain-based digital identity initiative<\/a> is expected to offer a wide range of applications that will contribute to the preservation of decentralization.<\/p>\n
Related Reading: Cardano False Breakdown: Could It Set The Stage For A 26% Climb?<\/a><\/div>\n
The official Twitter account of Shib, an ecosystem within the cryptocurrency space, has made an announcement stating that Kusama intends to incorporate Self-Sovereign Identity (SSI) into all Shiba Inu enterprises.<\/p>\n
SSI refers to a blockchain-driven identification solution that bears resemblance to digital passports. This solution empowers users with absolute authority over the storage and utilization of their personal identity information.<\/p>\n
(This site’s content should not be construed as investment advice. Investing involves risk. When you invest, your capital is subject to risk).<\/em><\/p>\n
Featured image from VectorStock<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"
Amidst a more extensive revival in the cryptocurrency market, the value of Shiba Inu has witnessed a significant upward trend today, giving investors of the meme coin a reason to be happy. The surge in its value can be attributed not only to the prevailing favorable feeling in the cryptocurrency industry, but also to a fundamental reason that is bolstering its worth. According to data from the crypto market tracker Coingecko, as of the time of writing, the trading price of SHIB reached $0.00000974, reflecting a notable increase of nearly 3% within the past 24 hours. Furthermore, the data reveals that SHIB has demonstrated a commendable upward trend of 18.2% over the course of the previous seven days. On Wednesday, the cryptocurrency SHIB experienced a significant increase of approximately 5.75%, reaching a value of $0.00001005. This upward movement is part of an ongoing pattern of recovery that commenced two days prior. In aggregate, the price has undergone a reversal of nearly 15% from its most recent nadir of $0.0000947. SHIB price as of Thursday. Source: Coingecko As the situation progressed, it can be observed from an on-chain standpoint that a significant number of the wealthiest addresses associated with Shiba Inu had acquired a notable quantity of SHIB tokens during its recent price recovery over the course of the previous two days. Within the realm of cryptocurrency, specifically in relation to canine-themed currencies, Shiba Inu has garnered substantial interest due to its remarkable surge in popularity. Through a dedicated pursuit of diverse advancements, the network strives to emancipate itself from being narrowly categorized as a mere cryptocurrency associated with memes. One notable example that deserves attention is Shibarium, which distinguishes itself as an innovative layer-2 scaling solution. The diligent endeavors devoted to its creation are approaching the point of realization, with a prospective launch scheduled for the current month. SHIB market cap at $5.73 billion at the time of writing. Chart: TradingView.com The imminent technological milestone is eliciting increased enthusiasm among the community, not just because to the development in technology it represents, but also because of the wider ramifications it may entail. Related Reading: Can Litecoin Bulls Turn The Tide On Recent Declines? A Closer Look Simultaneously, this positive advancement corresponds with a dominant sense of expectation of a significant change in the direction of the asset’s value. The confluence of Shibarium’s launch and the anticipated fluctuation in price intersect to generate a juncture of considerable prospective metamorphosis for the ecosystem. The convergence of technological innovation and market dynamics is being closely observed by stakeholders, who are eager to assess the collective influence on the project’s progress and its market value. The anticipated debut of Shibarium gives SHIB a boost in price. Source: DailyCoin Meanwhile, according to the principal inventor of the pseudonymous memecoin, Shytoshi Kusama, Shiba Inu’s forthcoming blockchain-based digital identity initiative is expected to offer a wide range of applications that will contribute to the preservation of decentralization. Related Reading: Cardano False Breakdown: Could It Set The Stage For A 26% Climb? The official Twitter account of Shib, an ecosystem within the cryptocurrency space, has made an announcement stating that Kusama intends to incorporate Self-Sovereign Identity (SSI) into all Shiba Inu enterprises. SSI refers to a blockchain-driven identification solution that bears resemblance to digital passports. This solution empowers users with absolute authority over the storage and utilization of their personal identity information. (This site’s content should not be construed as investment advice. Investing involves risk. When you invest, your capital is subject to risk). Featured image from VectorStock<\/p>\n","protected":false},"author":557,"featured_media":546621,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1,3],"tags":[84471,83668,83667,87680],"class_list":["post-546585","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all","category-news","tag-meme-coin","tag-shib","tag-shiba-inu","tag-shibarium"],"acf":[],"yoast_head":"\nShiba Inu Jumps 18% Ahead Of Shibarium<\/title>\n<meta name=\"description\" content=\"Amidst a more extensive revival in the cryptocurrency market, the value of Shiba Inu has witnessed a significant upward trend today, giving investors of\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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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:\/\/uniquehot.com\/author\/jomarjet01\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Shiba Inu Investors Jubilate As Meme Coin Jumps 18% Ahead Of Shibarium Debut","url":"http:\/\/uniquehot.com\/news\/shiba-inu-jumps-18-ahead-of-shibarium\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/shiba-inu-jumps-18-ahead-of-shibarium\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/08\/a-45.png?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/08\/a-45.png?fit=843%2C591"},"articleSection":"All","author":[{"@type":"Person","name":"Christian Encila"}],"creator":["Christian Encila"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["meme coin","shib","shiba inu","shibarium"],"dateCreated":"2023-08-10T08:35:26Z","datePublished":"2023-08-10T08:35:26Z","dateModified":"2024-06-11T11:21:04Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Shiba Inu Investors Jubilate As Meme Coin Jumps 18% Ahead Of Shibarium Debut\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/shiba-inu-jumps-18-ahead-of-shibarium\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/shiba-inu-jumps-18-ahead-of-shibarium\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2023\\\/08\\\/a-45.png?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2023\\\/08\\\/a-45.png?fit=843%2C591\"},\"articleSection\":\"All\",\"author\":[{\"@type\":\"Person\",\"name\":\"Christian Encila\"}],\"creator\":[\"Christian Encila\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"meme coin\",\"shib\",\"shiba inu\",\"shibarium\"],\"dateCreated\":\"2023-08-10T08:35:26Z\",\"datePublished\":\"2023-08-10T08:35:26Z\",\"dateModified\":\"2024-06-11T11:21:04Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/uniquehot.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/08\/a-45.png?fit=843%2C591","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/546585"}],"collection":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/users\/557"}],"replies":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/comments?post=546585"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/546585\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/546621"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=546585"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=546585"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=546585"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}