Bitcoin and ether moved sideways for the most part last week, as some altcoins moved higher.

According to the Shibburn Twitter handle, a total of 223,264,370 SHIB tokens have been burned and 51 transactions have been made in the last seven days.

The current market conditions need to be more favourable for entry-level traders. There have been red baths throughout the year, and we still stand on slippery ground. Nevertheless, despite negative sentiments floating around, Oryen Network has witnessed tremendous growth in a short period. A huge presale demand has driven the price by 200%, and there are no signs of slowing down.

The World Economic Forum had invited Shiba Inu to participate in discussions around the metaverse as revealed by a tweet from Shiba’s lead developer Shytoshi Kusama. Shiba Inu also noted a 15.9% move upward in the past three days.

Binance holds nearly $1 billion in Shiba Inu.

Despite the massive incineration, the SHIB burn rate slumped by 16% in the past day.

Despite the market capitalization trending close to $5 billion valuations, the token has been a subjective candidate of frequent ups and downs in the crypto realm. While there have been instances where the token took huge gains in a short margin, such gains were quickly lost in equally drastic sell-offs.

Once the pools are live, users can stake SHIB, BONE, and LEASH to earn $Stone rewards.

Shiba Inu (SHIB) holders can now book flights with American Air and Air Canada using FCF Pay Visa Card.

The value of meme cryptocurrency Shiba Inu (SHIB) has struggled to remain stable across 2022, partly impacted by the prevailing market uncertainty. Indeed, the depressed SHIB prices have directly influenced the gains and losses incurred by the token’s investors.