📢 The ProPicks AI strategy to watch when Tech rally slows down. It did 2X the S&P in July!Unlock AI Insight

SHIB Official Warns SHIB Army About Crucial Bug in Shibariumscan

Published 2023-10-27, 06:45 a/m
© Reuters.  SHIB Official Warns SHIB Army About Crucial Bug in Shibariumscan
SHIB/USD
-

U.Today - The official social media expert of the team, @LucieSHIB, has taken to the X social media platform to warn the Shiba Inu community of a bug that has hit the Shibariumscan explorer, as it may have started showing ETH instead of BONE.

"Bug introduced by the recent update"

Lucie addressed the SHIB army, saying that they may begin to see "ETH" instead of "BONE" in their notifications after making a transaction, when using the Shibariumscan blockscout. Lucie stressed that Shibariumscan was not built by the SHIB team spearheaded by Shytoshi Kusama, but it is a third-party platform they use.

The bug with ETH-BONE "may be specific to their platform," Lucie wrote in her X post. She also emphasized that this bug will have no impact on the functionality of for Shiba Inu.

Lucie assured the community that this bug has been reported and that BONE remains Shibarium's fuel.

SHIB burns rise slightly as SHIB price soars

Over the span of the last 24 hours, the price of the second most popular canine token by market cap, Shiba Inu, has spiked by an astonishing 11.26% (with a small drop today, after which SHIB recovered quickly). The meme coin's price spiked from $0.00000732 to to the $0.00000814 level, where it is trading at the time of this writing.

In the meantime, the SHIB burn rate, which has remained in the red since yesterday morning, has switched direction and has entered the green zone, with a so far. By now, the SHIB army has managed to dispose of 27,755,026 SHIB coins in total.

The largest transaction that burn SHIB carried 11,419,163 Shiba Inu — nearly 50% of the total burned amount.

Buy signal on SHIB chart

On Oct. 26, crypto trader and analyst Ali Martinez wrote in an X post that the TD (TSX:TD) Sequential indicator showed a buy signal on the Shiba Inu weekly graph. He noted that when two similar bull turns occurred from this indicator, they caused the SHIB price to skyrocket — 118% and 71%.

On the chart shared by the analyst, one can see that the SHIB price jumped 118% in July 2022 and rose by roughly 71% in July this year too.

Mysterious new SHIB whale grabs 60 billion SHIB

While the price already began to surge, as was mentioned earlier, an anonymous whale purchased a staggering amount of Shiba Inu worth $444,000, as was covered by U.Today on Thursday. For this money, the whale was able to buy a whopping 60 billion meme coins.

In total, that entity holds 73.255 billion SHIB in his wallet, worth $541,350. Curiously, this wallet only emerged roughly a month ago when the first transaction on it was made. Within merely a month, the whale managed to grab half a billion USD worth of Shiba Inu meme coins.

This article was originally published on U.Today

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.