The Shiba Inu community continues its burn spree, with approximately 35 million SHIB burned in one day. According to the update from Shibburn, 25 million of the total burned tokens came from a single wallet.

Over the past 24 hours, the Shiba Inu community destroyed over 100 million SHIB by sending the tokens to Shiba Inu’s dead wallet, a token-burning mechanism that crypto protocols use to control the number of circulating tokens in the market.

BlueWhale0073, the 254th biggest ETH Whale, has acquired $1.65 million worth of Shiba Inu (SHIB) in a single transaction, adding 148.78 billion SHIB to her wallet. This follows her previous purchase of $2.58 million worth of SHIB on April 5th. In total, BlueWhale0073 has acquired 378.74 billion SHIB, valued at $4.23 million, in the past 72 hours. The ongoing positive developments in the Shiba Inu ecosystem, such as Crypto.com's support for SHIB and its governance token BONE, and Uphold's Proof-of-Reserves data showing it holds over 921 billion SHIB, may be contributing to the whale's accumulation spree. As of press time, SHIB is trading at $0.00001095, down 2.42% over the last day with a 24-hour trading volume of $207.15 million.

In a series of tweets the pseudonymous cryptocurrency strategist Kaleo shared with their over 500,000 followers on the microblogging platform, they revealed that $DOGe has broken out above its high time-frame downtrend, and could be targeting the $0.25 mark, in a price rally that would more than double its current value of $0.097.

Over 20 Million Shiba Inu (SHIB) Burned in the Past 24 Hours, 18.99 Million by a Single Wallet.

The cryptocurrency community is expecting the price of the meme-inspired cryptocurrency Shiba Inu ($SHIB) is going to mostly trade sideways until the end of the month to trade at 0.0000113 per token, up from its current price tag of $0.00001125.

A recent analysis of Google search data has found that searches for the meme-inspired cryptocurrency Dogecoin ($DOGE) exploded nearly 2,000% in the past seven days after Twitter switched its logo to DOGE’s Shiba Inu, which led to a surge in buying interest.

New Shiba Inu Whale Emerges with Enormous 3.50 Trillion SHIB Purchase, Exclusively Holds SHIB Tokens.

According to CoinMarketCap's Q1 report, Shiba Inu is among the most watched cryptocurrencies on its platform, with over 12.5% views among investors in different regions, such as Africa, Asia, North America, Oceania, and South America. However, Shiba Inu has lower popularity in Europe, with only 11.56% views. The number of CoinMarketCap users with Shiba Inu on their watchlists has also gained momentum recently, with over 1.84 million users currently tracking the nascent digital currency's price movements. Shiba Inu has maintained a vibrant community despite its price falling below 86.82% from its record high of $0.00008616, with recent network activities contributing to its recent price surge.

Shibburn, the $SHIB burn tracker, plans to unveil Web3 projects for $SHIB HODLers as token burn reaches over 41% of the initial supply.