Crypto Game
  • Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News

    SPAR Introduces Bitcoin Lightning Payments in Liechtenstein

    Over $97 Million in Crypto Long Positions Liquidated

    Over $97 Million in Crypto Long Positions Liquidated

    Strategy, Inc. Unveils Bitcoin-Backed STRF Stock Offering

    Thailand Approves Five-Year Tax Waiver on Crypto Profits

    Blockchain Group Secures €9.7M for Bitcoin Treasury Expansion

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar

    VanEck’s Solana ETF Listed on DTCC, SEC Approval Imminent

    VanEck Solana ETF Secures DTCC Listing Amidst SEC Approval Buzz

    Solana’s Pump.fun Reinstated on X After Suspension

    Pump.fun Accounts Reinstated After X Suspension

    Ripple and SEC Seek to Finalize Court Settlement

    SEC Extends Review Period for Franklin Templeton’s ETF

    Trending Tags

    • Ethereum
    • Bitcoin Cash
    • Litecoin
    • Monero
    • Ripple
  • Crypto 101
    • All
    • Cryptocurrencies
    • Exchanges
    • Services
    • Wallets
    Benefits Of Choosing the Right AI Trading Bot

    4 Benefits Of Choosing the Right AI Trading Bot

    Crypto Trading

    A Beginner’s Guide to Crypto Trading: Unlocking the World of Digital Coins

    BitcoinGames.com

    BitcoinGames.com Introduces the Ultimate Casino Gaming Experience with Bitcoin

    How AI is Helping Athletes and Fans Get the Most out of the Game

    From Training to Judging, AI is Entering the Ring

    Top 5 Websites for Buying Gift Cards with Crypto

    Clutch Savours – Gift Certificates You Can Buy with Crypto

    Layer 2 Blockchains

    Everything You Need To Know About Layer 2 Blockchains

  • Blockchain Events
No Result
View All Result
Blockchain & Cryptocurrencies Tabloid
No Result
View All Result

Shibarium Transactions Increase 27%, Shiba Inu Market Eyes Changes

Solomon M. by Solomon M.
May 4, 2025
in Altcoin News
Key Takeaways:
  • Shibarium transactions surged, possibly impacting SHIB’s bullish potential.
  • Huge increase in SHIB burning activity observed.
  • No direct response from Shiba Inu founders noted.
shibarium-transactions-increase-27-shiba-inu-market-eyes-changes
# Shibarium Transactions Increase 27%, Shiba Inu Market Eyes Changes

Shibarium, developed by the Shiba Inu team, experienced a 27% rise in transactions, strengthening the potential bullish momentum for SHIB.

The Shibarium transaction surge suggests growing user engagement and potential price movements, despite some signs of market caution.

Transaction Surge and Technological Foundations

Shibarium experienced a 27% increase in transactions, with origins in the Shiba Inu ecosystem’s strategic move to leverage layer-2 technology for enhanced scalability. This surge was recorded over a 24-hour period, indicating considerable interest. The Shibarium network is managed by the Shiba Inu team, led by Shytoshi Kusama and supported by other contributors. These developers have driven past expansions into DeFi, NFTs, and technological upgrades, which laid the foundation for this movement.

Burn Activity and Financial Implications

The immediate impact is visible in increased SHIB burns, with over 26.3 million tokens burned in a single day, reflecting potential price influences. On-chain metrics also highlight a shift in usage patterns among blockchain users. The financial implications include heightened attention to SHIB and BONE tokens, essential for gas fees on Shibarium. However, no major funding changes or institutional shifts are noted in response to this latest activity.

Market Outlook and Analyst Insight

The uptick in transactions may signal underlying optimism within the Shiba Inu ecosystem. However, previous similar events have led to temporary price hikes followed by stabilization as activity normalizes. Analyst Javon Marks suggests a potential bullish recovery for SHIB, underscoring the importance of transaction and burning data. Despite this, some bearish signals linger, pointing to nuanced market expectations.

Shiba Inu is starting to respond to a large bullish divergence and a full recovery, and a bullish continuation can send the top meme coin back to this range (referring to $0.00003).

For those closely observing Shiba Inu’s community updates and news, these developments represent more than just fluctuations—they are a sign of strategic growth and user engagement.

Disclaimer:

The content on The CCPress is provided for informational purposes only and should not be considered financial or investment advice. Cryptocurrency investments carry inherent risks. Please consult a qualified financial advisor before making any investment decisions.

Previous Post

Shibarium Transactions Jump 27%, Potential SHIB Price Impacts

Next Post

LOFI’s Run Was Wild—But This Cat Hits Stage 3 in 90 Minutes, Raises $35K Within 24 Hours

Solomon M.

Solomon M.

Related Posts

VanEck’s Solana ETF Listed on DTCC, SEC Approval Imminent

by Solomon M.
June 18, 2025

VanEck's Solana ETF gains traction on DTCC, with SEC approval odds hitting 91%.

VanEck Solana ETF Secures DTCC Listing Amidst SEC Approval Buzz

by Solomon M.
June 18, 2025

VanEck's Solana ETF registers with DTCC as SEC approval probability reaches 91%.

Solana’s Pump.fun Reinstated on X After Suspension

by Solomon M.
June 18, 2025

Pump.fun and founder Alon Cohen return to X amid Solana ecosystem interest in the $PUMP token airdrop.

Pump.fun Accounts Reinstated After X Suspension

by Solomon M.
June 18, 2025

Pump.fun and its founder's X accounts are reinstated after suspension, affecting memecoin activities.

Ripple and SEC Seek to Finalize Court Settlement

by Solomon M.
June 17, 2025

Ripple and SEC file joint motion to dissolve injunction; resolves $125M penalty.

SEC Extends Review Period for Franklin Templeton’s ETF

by Solomon M.
June 17, 2025

SEC delays decision on Franklin Templeton's Solana and XRP ETF, affecting market dynamics.

We Recommend

Top Rated Casinos
Bitstarz Casino

BitcoinCasino.io
Top Crypto Betting
1xBit.com
Top Rated Exchanges
Binance Exchange

Bityard.com
Top Advertising Services
Coinzilla Display Network
Top Crypto Wallets
Ledger Nano X

  • Terms and Conditions
  • Privacy Policy
  • Advertise
  • About Us
  • Contact Us

© 2018-2019 theccpress.com by Brantell Media.

No Result
View All Result
  • Finance & Blockchain News
  • Bitcoin News
  • Altcoin News
  • Crypto 101
  • Blockchain Events

© 2018 - 2019 theccpress.com, a Brantell Media project.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.