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Burns have been an essential part of the Shiba Inu [SHIB] ecosystem. The network has been sending tokens into dead wallets for the longest time. This is done to reduce the circulating supply and boost the price of the meme coin. With its current circulating supply at 589,270,536,354,484 SHIB, the network has a lot of assets to eliminate. But the question is how will Shiba Inu carry out large-scale burns? The marketing lead for the Shiba Inu ecosystem, Lucie, highlighted in a recent update that the extensive playtime of Shiba Eternity will contribute to an increased number of SHIB burns. She predicted that when more individuals played the Web3 version of Shiba Eternity, the number of Shibarium transactions would increase. The more people play Shiba Eternity , the more transactions will happen on #Shibarium , the more $BONE will be used , the more $SHIB will be burned , and the greater the demand for Shiboshis will be . THIS IS CALLED AN ECOSYSTEM pic.twitter.com/yIxwz3fV1Z — 𝐋𝐔?...

The Pepe price plunged 5% in the last 24 hours to trade at $0.00001116 as of 01:09 a.m. EST on trading volume that dropped 20% to $528 million. This comes as the meme coin sector tumbled 3% to a $47.7 billion market capitalization. Pepe Price Set To Surge The Pepe price surged mid-July, through a markup phase to the $0.00001251 resistance, according to data from GeckoTerminal . PEPE then went into consolidation, trading within the sideways pattern, with the bears and bulls struggling for dominance, as the price touched the horizontal support and horizontal resistance. The price of Pepe now trades well above the 200-day Simple Moving Average (SMA), a confirmation of the bullish prospects in the long run. A bullish stance at this point could push the price of Pepe above the 50-day SMA, which now acts as the immediate resistance zone at $0.00001188. Moreover, the Relative Strength Index (RSI) is also dropping as it coincides with the price fall, as the RSI hurtles towards the 30-ov...

In the volatile landscape of cryptocurrency, fortunes can change rapidly. Shiba Inu (SHIB), once a beacon of hope for meme coin enthusiasts, is currently navigating through turbulent waters. This instability has led many investors to seek more promising alternatives, with Mpeppe (MPEPE) emerging as a popular choice. Shiba Inu’s Recent Performance Shiba Inu (SHIB), once a darling of the crypto community, has been facing some challenges. The live price of Shiba Inu is $0.000017 per SHIB/USD, with a market cap of $9.86 billion USD and a 24-hour trading volume of $206.88 million USD. Despite these impressive figures, Shiba Inu (SHIB) is down 2.78% in the last 24 hours, highlighting the volatility and inconsistency in its performance. No Token Burn Activity A significant factor contributing to Shiba Inu’s (SHIB) recent performance issues is the lack of token burn activity in the past 24 hours, marking a 100% decrease. However, on a weekly basis, the SHIB burn rate incr...

Bitcoin (BTC) took a hit after the U.S. government recovered $2 billion linked to the Silk Road. The unexpected move caused a sharp price drop. Will it reach $65,000 or $70,000?  The market is in shock as holders scramble to understand the impact. Bitcoin (BTC) holders worry about the uncertain fate of their assets. They fear that a government sell-off could push prices down further. U.S. Moves $2 Billion in Bitcoin, Market Reacts The U.S. government moved $2 billion in Bitcoin (BTC) from its Silk Road stash. The sudden transfer caused Bitcoin’s value to drop nearly 10%. Bitcoin (BTC) is now around $66,575, down from $69,000 last week. There’s speculation that the government might sell off all of its Bitcoin (BTC). Some analysts suggest that this move might create a buying opportunity. Bitcoin (BTC) could stabilize around $63,000 before aiming for $65,000. Rumors are also circulating about a possible sell-off before a change in administration. This developm...

Just two days after Donald Trump said he would keep 100% of the bitcoin that the US government seized, they have moved $2 billion worth of the leading crypto. Indeed, the transferred BTC was connected to the infamous Silk Road marketplace. Amid his ongoing reelection campaign, Trump has certainly embraced crypto. The 45th President of the US has consistently stated his interest in the asset. Speaking at Bitcoin Conference 2024, he discussed Bitcoin’s importance if he were to win reelection in November. JUST IN: US Government moves $2 billion worth of #Bitcoin to a new address. Two days ago, Donald Trump said he would create a strategic national Bitcoin stockpile and the Government would keep 100% of the Bitcoin it owns, if elected. pic.twitter.com/kSyy4s6peb — Watcher.Guru (@WatcherGuru) July 29, 2024 Also Read: Currency: Why Trump’s US Dollar Devaluation Plan Might Be A Bust? US Moves $2 Billion in Bitcoin Two Days After Trump’s Pro-BTC Speech Speaking in Nashville...

Leading altcoin XRP is currently hovering around the $0.61 mark on Monday and is struggling to climb above $1. The last XRP touched $1 was in November 2021 and it’s been nearly three years since it reclaimed the spot. The downward price trajectory is testing the patience of investors as it is delivering little to no profits. Also Read: US Dollar Gives a Major Blow To BRICS Nations’ Currencies Investors are sitting on losses with Ripple ’s native token while other cryptocurrencies are generating profits. The Ripple vs SEC lawsuit is also dampening XRP’s price prospects making it harder to breach the $1 mark. In this article, we will highlight when the Ripple ’s native token could climb above the $1 milestone. When Will XRP Breach $1? Source – CryptoTicker Leading on-chain metrics and price prediction firm Changelly has painted a bullish picture for Ripple ’s native cryptocurrency. According to the price prediction, XRP could climb above the $1 mark ne...

This year has seen the explosive growth of the decentralized AI industry with massive developments and investments made in the “Crypto + AI” field. One such platform, NeurochainAI, a decentralized AI as a service (DeAIAAS) platform, has been ramping up community support ahead of its planned token generation event (TGE), but what exactly does the platform offer and what solutions does the DeAIAAS platform aim to solve? Crypto and blockchain technology were always going to be integrated into artificial intelligence (AI), just as the technology has done in almost all major industries. It was a question of when rather than if. In 2024, decentralized AI has become the hottest topic in the Web 3 space, with hundreds (and probably thousands) of DeAI and DePIN (decentralized physical infrastructure networks) projects launching. Top Web 3 conferences rarely lack a speaker talking about the subject and crypto + AI projects are booming. The DeAI and DePIN industry has flourish...