The popular meme cryptocurrency Shiba Inu (SHIB) has captured the market's attention yet again as its burn rate skyrocketed by an astounding 1000%, removing over 6 million tokens from circulation.

With Shiba Inu trading at a steep 95 percent discount from its peak, the ecosystem is banking on a Q2 2026 privacy upgrade to revive the SHIB token burn rate.

The UAE is set to infuse its governance systems with blockchain technology, after maintaining an open approach towards the crypto and Web3 sectors. The UAE's Ministry of Energy and Infrastructure (MoEI) has signed a memorandum of understanding (MoU) with Shiba Inu. As part of the recently announced partnership, Shiba Inu's ShibOS operating system will be used for government activities across the UAE. The initiative is designed to improve the security and transparency of the UAE's public sector services. Shiba Inu announced the development on Tuesday, stating that its decentralised ShibOS can help the UAE government with solutions around sustainable energy, green infrastructure solutions, decentralised finance, smart governance, and artificial intelligence (AI) automation.

ShibOS is the gateway to a fully decentralized future, empowering businesses, governments, and individuals to seamlessly transition on-chain. With a robust suite of tools and technologies, Shiba Inu u...

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Shiba Inu burn rate soared 600%, removing 3.2M SHIB from circulation in 24 hours. Shiba Inu’s ShibOS offers 36 chambers for Web3 apps, boosting scalability and adoption. Analysts predict Shiba Inu could rise 1,057%-4,895% in the next altcoin season. The head of marketing for Shiba Inu, Lucie, feels positive about the crypto market’s direction, especially focusing on Shiba Inu (SHIB). Lucie…

The Shiba Inu community is elated in achieving a significant milestone with the launch of ShibOS, their new operating system. SHIB's operating system aims at making it simpler for Web2 companies, governments, and users to move into a fully decentralized world. This development has received a lot of attention in the crypto space, increasing the popularity of the dog meme coin, and giving market analysts hope for SHIB's growth potential.

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SHIB has jumped by 2.5% today, reversing a seven-day losing streak that had seen it fall as low as $0.00001234 this week. But at $0.0000131, Shiba Inu remains down by 10% in the past fortnight, with the meme token flat in the past month and down by 47% in the past year. This counts as disappointing performance, especially for a coin in the top 30, yet Shiba Inu now has several things on its horizon that could boost its price strongly. These include the approach of Web3 layer ShibOS and a rumored token burn, which together point towards a bullish…