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Cryptocurrency payment gateway CoinGate has released a report outlining the current stage of crypto payments on its platform. The crypto platform has also declared Shiba Inu (SHIB), Solana (SOL) and Litecoin (LTC) as leading coins for crypto payments.
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Crypto whales are beginning to make moves in meme coins such as Dogecoin and Shiba Inu once again as the market retraces from its weekend surge.
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Crypto exchange OKX has revealed plans to delist trading pairs for several crypto tokens, including Cardano (ADA), Shiba Inu (SHIB), and XRP. This follows a performance check by the crypto exchange, which shows that these trading pairs aren’t meeting up to expectations.
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Recent price action indicates that Shiba Inu (SHIB) is currently underperforming compared to other major cryptocurrencies. Over the past seven days, SHIB has experienced a significant decline of 7.26%, and in just the last 24 hours, the token has fallen by an additional 2.58%.
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Following a hack attack that resulted in the theft of millions of dollars worth of Shiba Inu (SHIB), Ethereum (ETH) and other coins, WazirX has launched an official bounty program. The prominent Indian exchange has promised to reward anyone who assists in recovering the stolen assets.
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The Shiba Inu price has lagged behind recently despite Bitcoin and the crypto market seeing some recovery. This decline is linked to a number of developments that have rocked the meme coin price, and as a result, causing its price to drop around 10% to test a new support level.
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Polygon recently provided more details on the proposed migration of MATIC tokens to its new POL tokens. This forms part of Polygon’s plan to build “aggregated blockchains” as its innovative approach to scaling these networks.
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A massive recovery might be on the horizon for Shiba Inu (SHIB), which could send its price back above the crucial level of $0.00002. This is based on the meme coin’s trading volume in the last 24 hours which shows that investors are heavily invested in the crypto token.
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Shiba Inu, a dog-themed memecoin is in the spotlight as trillions of SHIB were reportedly stolen in a recent cybersecurity breach with the leading India-based cryptocurrency exchange, WaxirX.
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The Shiba Inu burn rate has seen a notable recovery over the last day as the number of tokens being sent to the burn address has increased drastically.
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The Shiba Inu ecosystem is turning positive in light of recent price action in the wider crypto market. Many cryptocurrencies and blockchains are going through heightened activity and transactions, which has pushed prices into positive gains in a seven day timeframe.
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The Shiba Inu Marketing Lead, Lucie, has provided more insights into what to expect from the SHIB Marketplace. The Shiba Inu team has teased this upcoming project for a while now, with the marketplace expected to launch soon enough.
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With the approval of the Spot Ethereum ETFs by the Securities and Exchange Commission (SEC), other altcoins, such as Shhiba Inu, are moving forward in their bids for their own ETFs.
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