Crypto Planet

After the success of HNT (Helium), Megabot could be the next utility gem on the Solana network.Recently, Solana has shown impressive performance, attracting a lot of investors to explore its network. Yesterday was the first time when Solana DEX volume went higher than the ETH DEX volume.While most of the projects on Solana are memecoins like Bonk, (unlike ETH or BSC networks with both memes and strong utilities), HNT (Helium) and Megabot stand out as best real utility projects on the Solana network.Helium is a blockchain-based network connecting IoT devices. Helium enables communication between devices, while the system sends data across the network nodes. With a total supply of 159 million tokens and a price of 7$, Helium reached a peak volume on both Binance and Raydium decentralized exchange.Turning our attention to Megabot, which is currently launched on ETH, the team has announced plans for a new pair on the Solana network with an upcoming pre-sale. Megabot already introduced an automated AI trading utility working on Ethereum and BSC networks. This utility uses the power of AI algorithms, enabling users to earn up to 30% monthly profit through sniping and trading on DEX platforms like Uniswap and PancakeSwap. Following the Solana pre-sale, the team aims to integrate their algorithmic operations with the Solana network, attracting Sol users to the project.

Since the meteoric rise of the meme cryptocurrency Shiba Inu (SHIB) in 2021, it has remained one of the most closely watched tokens in its category due to its potential price trajectory in the years ahead.

While the token has largely followed the general market’s trajectory, there is continued interest in how it will perform, particularly considering its ongoing on-chain development.

In this context, Finbold turned to the interactive artificial intelligence (AI) platform ChatGPT for SHIB’s price predictions in the upcoming years. We asked OpenAI’s ChatGPT to provide optimistic and conservative price predictions for the meme token.

The crypto space is no stranger to impassioned debates, but a recent Twitter exchange has ignited a firestorm. A Cardano community member expressed astonishment that meme coins like Dogecoin and Shiba Inu are often placed in the same league as Cardano. The tweet drew attention to the stark differences between these projects, emphasizing Cardano's technological advancements and utility-driven adoption.

The community member's tweet read, "I am always surprised that someone considers projects like Dogecoin or Shiba Inu to be relevant projects and compares them to Cardano."

With the Shibarium team preparing to relaunch the network for public use, we’ve highlighted how much you need to invest to make $10M with Shiba Inu if the asset hits $0.0001, $0.001, $0.01, or $0.1.

As the bull market approaches, crypto investors are considering possible ways to become a multi-millionaire with Shiba Inu. Shiba Inu embarked on a remarkable rally in 2021, turning many average-income earners into multi-millionaires.

According to a CoinGecko report, the leading canine-themed cryptocurrency turned a $12 investment into $1 million in 2021. Although Shiba Inu is not guaranteed to repeat its 2021 rally, investors can still become multi-millionaires if the token surges to particular price levels.

However, this would depend entirely on your SHIB holdings. The more SHIB tokens you own, the better your chance of becoming a double-digit millionaire if the price surges.

The cryptocurrency market has become a playground for investors seeking lots of money, and 2023 promises to be no different.

As the market shows signs of resurgence, many are looking to identify the coin that can unlock the door to wealth creation in the coming months.

In this article, we will take a look at three cryptocurrencies, Shiba Inu (SHIB), Gala (GALA), and Anarchy (ANA), and assess which one holds the key to achieving financial success this year.

A whale moves 4.6 trillion Shiba Inu (SHIB) tokens from an unknown wallet to another unknown wallet, reported popular whale tracking service Whale Alert on Tuesday. The much-awaited L2 Shibarium mainnet released by lead developer Shytoshi Kusama last week is under fail-safe mode after the chain received massive traffic.

Shytoshi Kusama today announced that Shibarium is almost ready to reopen to the public after two days of testing and tweaking parameters. It now has new monitoring system and additional fail-safe mechanism including rate limiting at the RPC level and auto server reset. Moreover, additional validators are going live on the network, which increases security and enables more BONE token staking.

Shiba Inu’s Shibarium network was released on Wednesday, and the layer-2 blockchain is now fully functional and ready to initiate transactions. Investors believe that Shibarium is the only vehicle that could drive SHIB towards the $0.01 path and bring better fortunes.

Now that Shibarium has been launched, do investors still have the same belief considering that SHIB plummeted by double digits after release? In this article, we will highlight what Shibarium needs to work on to drive the price of SHIB toward the $0.01 mark.

It is no longer news that the crypto market is presently experiencing a spontaneous decline in activities and other significant market indices.

Amid the prevailing bearish market outlook, most crypto projects have struggled to remain afloat. Notedly, top cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), etc, were not spared from recording losses.

On the other hand, cryptocurrencies that seemed to show prospects of becoming a hit soon were also affected, with Shiba Inu (SHIB) appearing to be among a few of the most unlucky crypto projects.

Recall that the launch of Shibarium, Shiba Inu’s Layer-2 scaling solution, coincided with the time the broad crypto market appeared exceedingly bleak.

In a nutshell, the present market state remains part of the reasons why the Shibarium’s launch appeared not to meet the speculated hype before its launch.

Nevertheless, despite the declining market state, Shiba Inu enthusiasts seemed unperturbed. They continued speculating bullish sentiments on the coin’s market value. The positive market outlook expressed by Shiba Inu enthusiasts could stem from keeping faith with Shibarium.

It is worth noting that 357 million SHIB tokens were removed permanently from Shiba Inu’s circulating pool within 24 hours of Shibarium’s launch; this is a testimony of the technology’s impact on improving Shiba Inu’s market activities.

In light of Shiba Inu’s positive price sentiment, we shall evaluate the investment sum required to accumulate $500,000 if Shiba Inu succeeds in hitting two of its highly speculated price targets.

At the time of writing, Shiba Inu’s price is $0.00000843, and our calculations would revolve around this price.

A renowned crypto technical analysis expert recently highlighted why Shibarium would trigger a massive Shiba Inu rally in the next bull run, with a focus on $0.01.

Shibarium recently launched after months of sustained anticipation from the Shiba Inu community. Despite a few setbacks in the debut, pundits continue positioning the layer-2 network as a game-changer for the Shiba Inu ecosystem.

One such pundit is Del Crxpto, a well-known crypto analyst and expert. In a recent post on X, Del Crxpto called attention to Shibarium’s potential. The finance expert highlighted why the L2 solution could help boost SHIB’s price, championing the dream to $0.01.

Shiba Inu (SHIB), the meme coin that took the crypto world by storm, recently faced a significant setback. A staggering 35% of SHIB's gains evaporated during what is now being referred to as the "Shibarium correction."

This downturn was triggered when over a thousand ETH got stuck in the Shibarium bridge, a critical component of the Shiba Inu ecosystem. This mishap not only caused panic among the community but also led to a substantial outflow of funds from Shiba Inu.

The Blockchain Futurist Conference commenced recently in Toronto, Canada. Among the speakers was SHIB lead developer Shytoshi Kusama, who delivered a speech lasting approximately five minutes.

A communication from Kusama was shared by DogPad Finance, a Shibarium-associated project, on Discord. In the message, Kusama questioned the rationale behind unveiling details during a short talk when there’s a 16-minute keynote presentation scheduled for the following day.

Data provided by crypto tracker Etherscan shows that over the last hour, anonymous Shiba Inu whales have transferred an astounding amount of SHIB meme coins between their wallets, also withdrawing billions of SHIB from major crypto exchanges.

Fourteen transactions spotted by Etherscan bots carried approximately 33 billion Shiba Inu. Among them were two 1.9 billion SHIB lumps withdrawn from a KuCoin wallet to anonymous addresses.

Two billion and 1.8 billion lumps of Shiba Inu were transferred from the OKX exchange, presumably after a recent purchase, to unknown wallets too. Therefore, around four billion SHIB were removed from crypto exchanges, and the rest of the aforementioned 33 billion were exchanged between anonymous crypto whales.