SHIBA INU's price is steadily rising and as seen on the official SHIBA Twitter handle, the "ShibaArmy" community is being teased with a major announcement slated for March 30. The Shiba Inu community is confused regarding what could be this major announcement or update be about.
Shiba Inu climbed more than 18% to a high of $0.0000296 on March 28, according to Since Independence media. In March, Shiba Inu alone achieved approximately a 30% increase. SHIB was up 6.03 percent at $0.000028 at the time of publishing, marking the fourth consecutive day in the green.
Significant advances in meme Cryptocurrency have occurred in recent days. Shiba Inu just made its debut on Netcoins, an online Cryptocurrency exchange that allows Canadians to easily buy, trade, and hold Bitcoin. SHIB and LEASH burns have been added to the webshop of top fashion designer John Richmond. For each purchase made with NOWPayments, 9 percent Shib and 1 percent Leash will be burnt.
Similarly, three firms have entered the SHIB burning trend through NOWPayments. The aforementioned site is now testing a SHIB and Doge Killer burning gateway (LEASH). Welly's, an Italian burger company, John Richmond, a fashion brand, and Sorbillo's, a pizza chain, will burn a portion of their SHIB revenues through NOWPayments.
The @shibburn tracker just announced on its Twitter page that in the previous 24 hours, a total of 303,686,273 SHIB tokens were burnt in five transactions.
Shiba Inu whales were on their toes in the recent 24 hours, according to IntoTheBlock statistics, with a 349 percent rise in major transactions. Large transaction increases are usually connected with increased activity by institutional buyers and sellers, known as whales. According to IntoTheBlock, these trades total more than $100,000 in value.
SHIBA INU is an Ethereum-based cryptocurrency or meme coin whose mascot is the Japanese dog breed Shiba Inu. Shiba Inu gained a household brand in 2021, with its price more than doubling in October of that year. As SHIB's popularity and market value expanded, more crypto exchanges started to list it.
