Shiba Inu community gets major status update as SHIB platform gets fix implemented.
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only.
U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.. Shibizens informed the Shiba Inu community in a recent tweet that the issue affecting the Shib website is only temporary.
It added that thewebsite is temporary. The team is aware of the problem and is actively working to resolve it as quickly as possible. The fix is being implemented, Shibizens informed the community, adding that further updates will be provided as soon as more information becomes available. Cryptocurrencies saw one of their toughest weeks in years as a wave of selling erased hundreds of billions of dollars from the digital asset markets.
The crypto market lost about $390 billion in value, with over $7 billion in leveraged positions liquidated. $390 billion was erased from the total market capitalization, leaving it at nearly $2.16 trillion, according to CoinMarketCap data. That's less than half of the nearly $4.2 trillion high reached last October before the flash crash event. Crypto derivatives traders suffered one of the biggest wipeouts of this year.
About $7 billion in leveraged bets were liquidated in the crypto market in the week, according to CoinGlass data, with Monday and Friday delivering the biggest figures. About $5.7 billion of those were long positions, or traders expecting prices to increase.was up 5.61% in the last 24 hours to $0.0000047, recovering after a week-long selloff took its price to a low of $0.0000043. The dog cryptocurrency is down 13% weekly, with its market cap at $2.8 billion.
QoreChain Launches Quantum-Safe, AI-Native Layer 1 Mainnet on June 7 as Community Presale Opens
United States Latest News, United States Headlines
Similar News: You can also read news stories similar to this one that we have collected from other news sources.
$1.95 Million SHIB Awakening: Dormant Shiba Inu Whale Breaks 10-Month SilenceAs SHIB drops 15%, a dormant whale broke a 10-month silence to move 400B tokens via a BitGo smart contract.
Read more »
DOGE, SHIB price news: Dogecoin, shiba inu dive 9% as bitcoin nears $60,000Dogecoin and Shiba Inu led losses among major tokens as heavy volume and liquidations overwhelmed support levels, extending a broader risk-off move across crypto markets.
Read more »
488 Billion Shiba Inu (SHIB) in 24 Hours: Exchange Flows Turn Even More BearishShiba Inu faces renewed selling pressure as traders rapidly unwind leveraged positions and risk appetite continues to fade.
Read more »
Shiba Inu Burn Rate Up 491% as 37.52 Million SHIB Exit CirculationThe Shiba Inu burn rate increase follows a week of selling, with major cryptocurrencies reaching their weakest levels in months.
Read more »




