SHIB Just Did WHAT?! 😱

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So, the Shiba Inu team, bless their cotton socks, has decided that their
Shibarium blockchain needs a little… shall we say, strengthening?
Apparently, decentralization is the new black. They’re slapping rate limits
on public Remote Procedure Call (RPC) endpoints. Because nothing says
“open and free” like a good ol’ limit. 🙄

Shibarium prioritizes decentralization

Oh, but don’t worry, they’re not trying to restrict access. No, no, no.
It’s all about encouraging a “more decentralized and resilient ecosystem.”
You know, like when your mom tells you to clean your room because she wants
you to “learn responsibility.” Right.

The official announcement says that developers and high-volume users should
run their own nodes instead of relying on public endpoints. Because who
doesn’t have time to become a blockchain engineer on the side? I mean, it’s
easier than knitting, right?

A node, in its basic form, is apparently a copy of the blockchain. It helps
verify transactions and ensures the network keeps chugging along. Benefits
include “better privacy, increased resistance to censorship, and
unrestricted access.” So basically, everything the internet used to be
before it became a giant ad-delivery system.

With more independently run nodes, the Shibarium network will become harder
to shut down or control. Which sounds vaguely ominous, like something out of
a sci-fi movie. But hey, at least it aligns with the “openness and
decentralization principles” of blockchain technology. Whatever those are.

Analysts, those mystical creatures who get paid to guess, believe this change
“may require adjustments.” You think? Especially for decentralized apps
(dApps) and frequent traders. I mean, inconvenience is the mother of
invention, right? 🤷

The Shiba Inu team also announced that they’ve resolved the issue of the
temporary unavailability of mainnet snapshots. Because nothing inspires
confidence like admitting you had a temporary “unavailability.” It’s like
saying the Titanic had a slight “water ingress issue”.

SHIB trading volume jumps 19.04%

As of the latest CoinMarketCap update, Shiba Inu (SHIB) is trading at
$0.00001533 after a 5.25% increase in the last 24 hours. Which means you
could buy, like, a whole pizza with your SHIB holdings! (Okay, maybe just a
slice.) 🍕

The cryptocurrency’s 24-hour trading volume rose by 19.04%, reaching $367.27
million. This significant increase in trading activity can often signal
further upward price movement. Or, you know, just a bunch of people
panicking and selling. 🏃

The volume-to-market cap (vol/mkt) ratio, which provides insight into an
asset’s liquidity, is currently at 4.11%, indicating moderate liquidity and
easier trading conditions. SHIB’s profile score of 74% reflects its
relatively strong market standing. I am not sure what any of this means, but
it sounds vaguely impressive.

As previously reported, on-chain data shows that Shiba Inu is entering the
quarter during which it typically underperforms. But hey, at least the volume
of transactions reached 5.76 trillion SHIB on Tuesday. So, there’s that.
🥳

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2025-05-22 23:07