Binance US references Shiba Inu to celebrate National Puppy Day

Join Our Telegram channel to stay up to date on breaking news coverage

Shiba Inu, the second largest meme coin with a market capitalization of around $6.82 billion, is seeing increased social activity. The increased interest in the Shiba Inu network has coincided with the 2023 National Puppy Day.

Binance US references Shiba Inu on National Puppy Day

The National Puppy Day was celebrated on March 23. Binance US marked this day by celebrating the second-largest canine-themed digital asset. The official Twitter handle for Binance US posted a few images of puppies of the Binance US team to celebrate the day.

Binance US later published another tweet that posted an image of a puppy named Masha. The puppy was dressed in jeans with several crypto-focused brands embedded in the clothing. One of the displayed logos was for the Shiba Inu meme coin.

National Puppy Day is an annual event marked in the United States. The day is used to celebrate dogs and encourages people to adopt dogs as pets from animal shelters. The National Puppy Day happens on March 23 every year since 2006, when it was created by Colleen Paige.

This day is celebrated differently in the crypto community, as it is used to celebrate canine-themed cryptocurrencies. Canine-themed coins started with Dogecoin, after which other tokens such as Shiba Inu and Floki Inu entered the market. Meme coins started as a joke in their early years, but they have since grown to become among the top projects in the market.

Dogecoin is the largest meme coin. It ranks as the ninth largest cryptocurrency with over $10 billion market capitalization. DOGE is followed by SHIB, the 15th largest cryptocurrency with a market capitalization of over $6 billion.

Shiba Inu sees increased social activity

The celebration of National Puppy Day and the recognition of Shiba Inu by Binance coincided with an increased social buzz around the meme coin. Shiba Inu has been garnering much interest because of the highly-anticipated Shibarium network.

An admin of the SHIBARIUM TECH Telegram group known as “Someone Smart (maybe)” posted a message saying that the official Shibarium documentation was ready. However, the admin said they were yet to release this documentation because they reviewed the fine details with the network’s lead developer, Kaal Dhairya.

“Docs are completed and the reason of slight delay is it is being checked with Kaal to mark sure everything is fine. Also, we will release more things than docs if possible,” the admin said.

Developers had initially said they would release these official documents one week after the beta version of Shibarium was launched. The Shibarium beta version launched on March 11. Kaal also posted a Twitter thread about when these docs would be released.

The launch of Shibarium has not been without criticism. In recent weeks, the project has been under scrutiny due to allegations that the code was copied from another project known as Rinia. The Rinia developer has since debunked the claim that the code was open-source and free.

Related

  • Binance US opens staking for several cryptocurrencies
  • Relaunch of Binance US: Customer Base to Increase
  • Shiba Inu Price Prediction – Will the Token Move Up Again?

Fight Out (FGHT) - Train to Earn Crypto

Rating

Fight Out token
  • CertiK audited & CoinSniper KYC Verified
  • Early Stage Presale Live Now
  • Earn Free Crypto & Meet Fitness Goals
  • LBank Labs Project
  • Partnered with Transak, Block Media
  • Staking Rewards & Bonuses
Fight Out token
Learn More

Join Our Telegram channel to stay up to date on breaking news coverage

Comments

Post a Comment

Popular posts from this blog

STX Hits 52-Week High! Ascending Channel Points to Bullish Trajectory

Image
Stacks (STX) soars 8.74% in 24 hours, hitting a 52-week high at $2.06, riding the crypto wave. STX’s rise is attributed to Bitcoin optimism and its role as a layer 2 solution. Technical analysis points to a bullish trend, aiming for $2.6, but watch out for potential corrections at $1.6. Stacks (STX) has continued its upward trajectory, with its price recently reaching a 52-week high of $2.06, marking an 8.74% increase in just 24 hours. This surge is part of a broader trend that has seen the cryptocurrency gain 749% over the past year. Market analysts attribute this impressive performance partly to the growing optimism surrounding the potential approval of a spot Bitcoin ETF, which could further galvanize the cryptocurrency sector. STX/USD 24-hour price chart (source: CoinStats ) During the bull rally, STX’s market capitalization and 24-hour trading volume surged 9.45% and 24.95%, to $2,852,664,529 and $715,025,179, respectively.  Stacks as a...
Read more

XAI tanks by 20% after airdrop and Binance listing

Image
The layer-3 gaming token fell by more than 20% after an airdrop and Binance listing on Jan. 9. According to CoinGecko, the layer-3 gaming token Xai has fallen by more than 22% in 24 hour trading. The current price of the token is $0.5231. X rate fell sharply just a day after reaching an all-time high on Jan. 9, in which the price of the coin was $0.7734. Source: CoinGecko The token price collapse occurred shortly after Xai held its first major gaming token airdrop in 2024. According to the Xai Foundation, it offered 125 million XAI tokens (or 5% of the total token supply) to eligible users, including holders of certain Xai NFTs and those operating gatekeeper nodes or validators that help support the network. Dear Xai Community, As we approach the XAI token claim, it's crucial to stay vigilant against potential scams. Please carefully read and follow these guidelines: Official Contract CLAIM Address: The ONLY legitimate $XAI airdrop claim contract address is… — XA...
Read more

Bitcoin Price Prediction: MicroStrategy Boosts BTC Ownership To 1% Of Supply As This Eco-Friendly Alternative Soars Towards $7 Million

Image
The Bitcoin price gained slightly in the last 24 hours to trade at $63,857.08 as of 9:05 a.m. EST as investors tentatively accumulate the crypto. During BTC’s 12% correction over the past 7 days, MicroStrategy bought another 9,245 bitcoins for $623 million in cash between Mar. 11 and Mar. 18, according to a Mar. 19 statement . Following this latest purchase, the company’s total BTC holdings stand at 214,246 BTC, which is more than 1% of the crypto’s total supply of 21 million coins. The Bitcoin Price Bounces Off Of A Key Support 4-hour chart for BTC/USDT (Source: TradingView ) The Bitcoin price rebounded off of the $61,481.65 support level in the last 12 hours. Should bulls continue to push the market leader’s price higher, it may attempt to reclaim a position above $65,847.29 in the coming 48 hours. A 4-hour candle close higher than this significant price point could then give BTC the foundation needed to keep climbing. In this more bullish scenario, th...
Read more