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The SHIB Army is buzzing! Shiba Inu’s lead, Shytoshi Kusama, dropped major updates that could propel SHIB to new heights. From historic partnerships to Shibarium’s explosive growth and a new DeFi toolkit, these developments signal big moves for the $7.92B meme coin. Catch up on the news you might’ve missed as of June 13, 2025, and see why SHIB could be on the verge of a breakout! Shytoshi Kusama’s Big Reveal: A New Chapter for SHIB Shiba Inu’s enigmatic lead, Shytoshi Kusama, has been lighting up X with game-changing updates, signaling a transformative phase for the ecosystem. With SHIB trading at $0.00001276, up 2.14% in 24 hours, and a market cap of $7.92B, Kusama’s announcements are reigniting the SHIB Army’s enthusiasm. From a landmark partnership with the UAE’s Ministry of Economy to enhanced Shibarium liquidity pools and a new DeFi toolkit, these developments, posted between November 2024 and February 2025, position SHIB as more than a meme coin. Let’s dive into the news driving this hype Historic Partnership with UAE: Web3 Goes Global On February 5, 2025, Kusama announced a “historic partnershib” with the UAE’s Ministry of Economy (MOEIUAE) for “REAL Web3 innovation at a federal level,” per an X post. This collaboration aims to integrate Shiba Inu’s ecosystem, including SHIB, BONE, LEASH, and TREAT tokens, into government-backed blockchain initiatives. The partnership underscores SHIB’s ambition to become a global “Network State” with decentralized governance, data protection, and karma-based reputation systems, as teased in Kusama’s November 2024 post. Why It Matters: Global Reach: The UAE’s pro-crypto stance and innovation hub status amplify SHIB’s credibility. Ecosystem Growth: Integration into federal projects could boost adoption of Shibarium and its tokens. Market Sentiment: X posts like LucieSHIB’s “SHIB’s going global!” reflect community excitement. Shibarium’s Meteoric Rise: 7,154% Surge in Activity Shibarium, SHIB’s Layer-2 scaling solution, is driving the ecosystem’s momentum. On June 10, 2025, U.Today reported a 7,154% surge in Shibarium’s transaction activity, hitting 4.63 million daily transactions. With 1.51 million wallets now holding SHIB (0.011% of the global population), adoption is at an all-time high. A new SHIB DeFi toolkit, launched recently, enhances how users earn, trade, and burn tokens, further boosting utility. Key Impacts: Token Burns: A 5,762% jump in burn rate removed millions of SHIB tokens, reducing the 589 trillion circulating supply, per U.Today. DeFi Growth: The toolkit strengthens ShibaSwap, supporting staking and liquidity pools, per Kusama’s February 2025 X post. Price Potential: Analysts like Telegaon predict SHIB could hit $0.00005155 in 2025, a 304% rise, driven by burns and adoption. New Liquidity Pools: A Smarter ShibaSwap On February 22, 2025, Kusama unveiled revamped liquidity pools for ShibaSwap, offering “a faster, smarter, and more intuitive” way to add liquidity to the SHIB ecosystem. Features include seamless pool management, single-page migration, and enhanced user interfaces, per an X post. This upgrade aims to compete with major DeFi platforms, boosting SHIB, BONE, and LEASH adoption. Why It’s Big: User-Friendly DeFi: Simplified tools attract retail and institutional users. Ecosystem Synergy: Strengthens Shibarium’s role as a DeFi hub. Market Buzz: X posts like Sand_ShibArmy’s “ShibaSwap just got a glow-up!” highlight community hype. Technical Outlook: Consolidation or Breakout? SHIB’s price action is mixed but shows promise. Trading at $0.00001276, SHIB is consolidating between $0.000012 (support) and $0.00001418 (50-day EMA resistance), per TradingView. A 92% drop in large holder inflows signals caution, but a 590M SHIB withdrawal from exchanges and a 90% trading volume spike suggest accumulation, per U.Today. A 522% surge in whale transactions ($25.83M) on June 3 hints at big moves brewing. Analyst Predictions: 2025: Telegaon and Forbes eye $0.00005155, a 304% jump, while CoinPedia targets $0.00006392. Long-Term: Changelly forecasts $0.000152 by 2030, with Telegaon’s 2050 high at $0.00106, turning a $1,000 investment into $83.07M. Risks: A break below $0.00001 could trigger capitulation, with only 10% of holders in profit, per U.Today. Challenges: Whale Activity and Burn Rate Woes Despite the optimism, SHIB faces hurdles. A 63% drop in daily burn rate and a 91% decline in whale transactions signal reduced momentum, per CoinDesk and U.Today. A $31.6M SHIB transfer to Coinbase on June 7 suggests potential selling pressure, though it may reflect institutional interest. SHIB’s battle with Toncoin and Hedera for mid-cap dominance adds competitive pressure, per U.Today. Conclusion: SHIB’s Breakout Moment? As of June 13, 2025, Shytoshi Kusama’s updates a UAE partnership, Shibarium’s 7,154% surge, and ShibaSwap’s new liquidity pools position Shiba Inu for a potential breakout. With 1.51M holders, a $7.92B market cap, and bullish targets of $0.00005155, SHIB is defying its meme coin roots. Yet, declining whale activity and support at $0.000012 demand caution. Will SHIB soar to new highs? Join the SHIB Army on X and watch the charts this is one dog you don’t want to miss!  Disclaimer This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high level of risk and volatility. Always conduct your own research (DYOR) and consult a professional financial advisor before making any investment decisions.

📣 If You Hold SHIB, Read This Before the Price Moves Again Shiba Inu ($SHIB) price has been on a volatile ride, reflecting the broader mood of the altcoin market. As of June 12, 2025, SHIB is trading at $0.00001274 on the hourly chart and $0.00001281 on the daily chart. Both charts point toward a critical phase where Shiba Inu must either defend key support or risk deeper corrections. Let's break down the technical analysis and predict where SHIB might head next. 🔸 Shiba Inu Price Prediction: Is #SHIB Price Preparing for a Short-Term Reversal? SHIB price recently hit a low of $0.00001260 and rebounded slightly, forming a potential double-bottom pattern just above key support. The current price action is hovering around the 20-hour SMA, which is slightly below $0.00001285. A decisive close above this moving average would be the first sign of a short-term bullish reversal. The Heikin Ashi candles show fading bearish momentum as the latest red candles are shrinking. This indicates that sellers are losing control. Moreover, the price has started testing the resistance at $0.00001285 again. If bulls manage to push SHIB above $0.00001291 (the 50-hour SMA), the next upside target would be the confluence zone between $0.00001309 and $0.00001331. For this bounce to be validated, volume confirmation and a retest of $0.00001300 as support will be crucial. A 2% gain from here puts Shiba Inu price at $0.00001300, while a 5% surge pushes it to $0.00001338. 🔸 #Shiba Inu Price Prediction: Can SHIB Price Regain Its Momentum? Technically, SHIB price is at a make-or-break level. The price structure is consolidating just above long-term support, while moving averages are starting to flatten. This often precedes a trend reversal or a strong breakdown. If SHIB gains momentum and reclaims the 50-day SMA, buyers may regain confidence. On the other hand, sustained trading below $0.00001260 could accelerate the sell-off.

A crypto wallet linked to the $23 million Bitrue exchange hack of April 2023 has resurfaced after months of dormancy, with new on-chain movements showing a calculated effort to launder the stolen funds. According to data shared by blockchain analyst @EmberCN, the attacker is actively converting assets into Ethereum (ETH) and funneling them through Tornado Cash, a well-known crypto mixer. The laundering activity marks the latest chapter in a long-running saga that began when various assets, including ETH, QNT, GALA, and SHIB, were stolen from the exchange. Related: From SHIB to ETH to Tornado: How Bitrue’s stolen crypto is finally on the move The breach in April 2023 led to the theft of various assets, including ETH, QNT, GALA, SHIB, HOT, and MATIC. At the time, the total value of the stolen tokens was estimated at $23 million. Shortly after the incident, the attacker converted most of the compromised assets into ETH directly on-chain. The address remained largely dormant until March 2024, when it sold 4,207 ETH at a market price of $3,885 per coin. That transaction yielded 16.345 million DAI. However, the assets remained untouched until June 2025, when renewed on-chain activity confirmed movement of both ETH and DAI to a new wallet. Recent activity shows that the hacker has spent 8.304 million DAI to purchase 3,000 ETH. Shortly after, 4,600 ETH, equivalent to $12.65 million at the time of the transaction, was sent through Tornado Cash. The laundering process is still ongoing, with the wallet holding an additional 8.04 million DAI and 3,510 ETH as of the latest update. Related: Notorious Bitrue Drainer Strikes Again, Liquidating $16.34 Million of ETH These operations are part of a structured effort to cover up the origins of the funds through Tornado Cash. On-chain records show that before initiating these latest transactions, the hacker also sold off remaining SHIB and HOT tokens. The SHIB liquidation involved 150 billion tokens, generating 1,090.4 ETH valued at $1.97 million. Meanwhile, the sale of 1.35 billion HOT tokens netted 76.5 ETH, or roughly $140,000. The coordinated sale, exchange, and laundering of stolen assets over multiple stages shows a calculated strategy to exit holdings with minimal traceability. Analysts continue to track the wallet, which remains active. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

比特币 智能合约协议 （ETH） DEFI（uniswap） NFT （无聊猿） Layer2 （ @arbitrum ） 智能看板 （ARK） 铭文 （sats/ordi） Depin （小草） 嘴撸 （ @KaitoAI ） meme （doge/shib/pepe）

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