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Shiba Inu Burn Rate Explodes 112,000 Percent—but SHIB Price Struggles Near $0.000012

By FXCOINZ Editorial

15/06/2025

Shiba Inu permanently removed 116 million SHIB in a single day, driving burn rate to 112,000%. Despite strong on‑chain growth, the token trades near $0.00001190. Can a technical reversal lift prices?

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WazirX Hacked for $230M, Largely in SHIB, as Elliptic Says North Korea Behind Attack

By FXCOINZ Editorial

18/07/2024

Indian crypto exchange WazirX experienced a security breach in one of its multisig wallets, leading to over $230 million in losses, predominantly in shiba inu (SHIB) and ether (ETH) tokens. Blockchain analytics firm Elliptic has attributed the attack to North Korean hackers.

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SHIB to Become Scarcer as Key Exchange Expands to Shibarium

By FXCOINZ Editorial

19/05/2024

The expansion of ShibaSwap to the Shibarium blockchain will lead to increased transactions, resulting in a higher burn rate for the SHIB token and a reduction in its circulating supply.

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Meme Coin Surge Sparks Possible Season Ahead! Watch for This Sign.

By FXCOINZ Editorial

03/03/2024

Recent surges in meme coins like DOGE, SHIB, BONK, PEPE, and WIF are fueling speculation about the onset of an altcoin season. Analysts point to potential signs of altcoins outperforming Bitcoin, emphasizing historical patterns and the need for caution in timing the shift. Monitoring Ethereum’s breach of the $3,500 threshold is highlighted as a key confirmation signal for the anticipated altcoin season.