Positive news has been coming in lately, thrilling Shiba Inu community
Shiba Inu burn rates have seen a 252% increase in the last 24 hours, according to the Shibburn website.
However, only 23,735,647 SHIB were burned. Positive news has been coming in lately, thrilling the Shiba Inu community.
In recent days, Travala, a crypto-friendly travel platform, and Bitpoint, a top Japanese crypto exchange, announced treats for the Shiba Inu community. Users who book on Travala using SHIB will receive a free $25 travel credit to use at any of the website’s more than three million hotels and flights.
To the joy of the Shiba Inu community, cryptocurrency exchange BitPoint Japan announced it would list SHIB at the end of November, making it the first major Japanese exchange to do so. Bitpoint announced rewards for SHIB users, saying it will give new users one million Shiba Inu tokens as gifts.
Also, the exchange launched a social media campaign to celebrate its SHIB listing, in which millions of SHIB will be given away as prizes.
At the same time, SHIB’s lead developer, Shytoshi Kusama, posted a mysterious tweet that contained only the interjection “WOOF,” commonly used by the community when something exciting happens.
This, in a way raised hopes as the SHIB community responded enthusiastically; Some even replied, “Shiberium.”
Whales are not left out of action
According to WhaleStats data, SHIB currently ranks among the top 10 purchased tokens among the 500 biggest ETH whales in the last 24 hours.
SHIB is up 1.15% and is currently worth $0.000009 per token, down 89% from its all-time high. According to data from Coinmarketcap, SHIB is the 15th largest cryptocurrency in the world with a market cap of $4.96 billion.
In 2021, SHIB’s market worth exceeded $41 billion briefly, making it more valuable than several S&P 500 corporations.
