The SHIB community is delighted with a recent mention of their beloved meme cryptocurrency, Shiba Inu, alongside the market’s flagship cryptocurrency, Bitcoin, on a popular Utah financial television show.
The SHIB community is delighted with a recent mention of their beloved meme cryptocurrency, Shiba Inu, alongside the market’s flagship cryptocurrency, Bitcoin, on a popular Utah financial television show.
This occurred as the market’s second-largest meme cryptocurrency followed Bitcoin’s recent all-time high, rising to $0.00003. However, at this point, Shiba Inu, along with the rest of the market, has been following the price reversal of Bitcoin, which fell almost 10% in the last 24 hours.
BTC and SHIB mentioned in “Watch your money”
The host of the program “Eye on Your Money”, directed by KUTV in the state of Utah, mentioned that recently the world’s main cryptocurrency, Bitcoin, had reached a new all-time high, surpassing the level of $73,750. The Shiba Inu meme coin “has also been big news,” the presenter said, adding that SHIB had partnered with K9 Finance and the new KNINE token was recently launched.
This partnership, the presenter emphasized, brings important technological innovation to the SHIB coin. In particular, K9 is collaborating with the layer 2 blockchain solution Shibarium, created to help Ethereum increase performance by conducting SHIB transactions on Shibarium. SHIB leader, the mysterious Shytoshi Kusama, and the project’s lead developer, Kaal Dhairya, have been appointed official advisors to K9 as part of that collaboration.
In the last 24 hours, the notable meme cryptocurrency SHIB has plummeted almost 19%, falling from $0.00003487 to the $0.00002815 level, where it is exchanging hands at the time of writing.
As Guru-Investingpreviously reported, Shytoshi Kusama issued a crucial warning to the SHIB army about the new KNINE token, urging SHIB users to DYOR (an acronym meaning “do your own research”) and stay alert as there are many scammers. who offer a fake KNINE token to their potential victims.
SHIB’s sizable bulk burned despite big price drop
According to data shared by the Shibburn Wallet TrackerOver the past 24 hours, the Shiba Inu community has dumped a significant amount of SHIB coins.
Their mutual efforts have led to the transfer of a total of 25,366,385 SHIB to unusable blockchain addresses. This has boosted the overall burn rate of this meme coin by 64.42%, compared to yesterday morning.
