The Shiba Inu meme coin continues to be popular among many crypto industry participants, fueled by news about developments in its ecosystem. However, the Shibarium second-layer blockchain, which was launched in August, is receiving the most attention.
According to Shibariumscan, the total number of blocks on the network recently surpassed 1.5 million. The total number of transactions is gradually approaching the 4 million mark, currently equal to 3.8 million. The number of wallets has exceeded 1.2 million.
Shibarium aims to give Shiba Inu an advantage over its competitors by increasing transaction processing speeds and reducing transaction costs. These goals are presented as a bullish factor that could lead to an increase in the price of SHIB.
Another factor that could stimulate the token’s growth could be the successful execution of the Shiba Inu burn program. Last month, nearly 1.5 billion SHIBs were destroyed as part of the initiative, with the record day being October 28, when more than 250 million coins were removed from circulation.
Billionaire Buys First Two Rolls-Royce Spectres to Keep Exclusive Ownership Longer
"So now I have three electric cars," Fuchs said. "I have a Hummer and a Tesla Plaid." Fuchs was also set to become the owner of the first Hispano Suiza Carmen Boulogne in the United States, an electric car from Italy.
As for Rolls-Royce, Fuchs has a garage full of customized cars. He has cars in 12 individual colors, including his favorite, Fuxia.
And he ordered two Spectres at once - both to beat everyone else to the punch and to have his own exclusive version in the garage. The second version will be delivered in late 2024, and he is working closely with Rolls-Royce on the details, adding that the car will be "outrageous."
The battery-powered Rolls-Royce starts at $422,750, but with options, the model costs much more.
$BTC Opinion: Bitcoin to Soar to $47,000 by End of November
The first cryptocurrency could reach $47,000 by the end of November 2023. This opinion was expressed by Rachel Lin, co-founder and CEO of decentralized derivatives exchange SynFutures, in a comment to The Block.
“Last week solidified October’s reputation as Uptober, with Bitcoin adding nearly 29%. What’s even more interesting is that historically November has outperformed October, with an average return in Bitcoin of over 35%. If this November brings similar returns, the asset will reach around $47,000,” she said. An additional positive factor, she noted, is the growth in the number of users and transactions. Particularly notable, according to Lin, is the surge in spot trading volume, with a notable increase in transfers over $100,000.
More than 15,000 BTC have emerged from hibernation since the beginning of 2023
Bitcoin whales are waking up from their long slumber: three wallets that may presumably belong to the same owner have moved 6,500 BTC for the first time in 6 years.
According to blockchain explorer OKLink, the bitcoins arrived at these three addresses on November 5, 2017.
The value of the transferred bitcoins at the current price exceeds $230 million.
On the 12H TF, you can see how the coin has been trading within a downward range for a long time.
I expect the range to be broken in Long to harvest liquidity and cover FVG. Also, the coin has fixed above the moving average ma50 for the first time 😋