Channels

Pepe

Dogecoin

Read

Shiba Inu

<div class="coingape"> 
 <p><span style="font-weight: 400;">Significantly, this <a rel="noopener noreferrer nofollow" title="rug pull" href="https://thebittimes.com/tag/rug-pull.html">rug pull</a> perturbed Shibarium and its parent memecoin, Shiba Inu (SHIB). According to sentiment analytics from Santiment, the <a rel="noopener noreferrer nofollow" title="rug pull" href="https://thebittimes.com/tag/rug-pull.html">rug pull</a> led to a palpable decline in investor sentiment towards SHIB. Additionally, the price of SHIB suffered a sharp drop, adding more stress to an already edgy investor base.</span></p>  
 <div class="quads-location quads-ad90952 " id="quads-ad90952" style="float:none;text-align:center;padding:0px 0 0px 0;"> 
  <div class="ad1"> 
   <div class="advertised"> <span class="ad-placeholder">advertisement</span> 
   </div> 
  </div>  
  <div id="my-banner-ad" class="d-inline-block"></div> 
 </div> 
 <h2 id="b-troubling-times-for-binance-smart-chain-b"><b>Troubling Times for Binance Smart Chain</b></h2> 
 <p><span style="font-weight: 400;">Besides affecting Shiba Inu, the Shibarium <a rel="noopener noreferrer nofollow" title="rug pull" href="https://thebittimes.com/tag/rug-pull.html">rug pull</a> casts a dark shadow over the</span><span style="font-weight: 400;"> Binance Smart Chain</span><span style="font-weight: 400;"> (<a rel="noopener noreferrer nofollow" title="BSC" href="https://thebittimes.com/tag/bsc.html">BSC</a>). This incident could undermine investor trust, raising critical questions about <a rel="noopener noreferrer nofollow" title="BSC" href="https://thebittimes.com/tag/bsc.html">BSC</a>’s security <a rel="noopener noreferrer nofollow" title="Category Features" href="https://thebittimes.com/features.html">Features</a>. Moreover, the cloud of regulatory scrutiny looming over Binance, <a rel="noopener noreferrer nofollow" title="BSC" href="https://thebittimes.com/tag/bsc.html">BSC</a>’s parent company, further aggravates these concerns.</span></p>  
 <div class="quads-location quads-ad124348 " id="quads-ad124348" style="float:none;text-align:center;padding:0px 0 0px 0;">   
 </div> 
 <p><span style="font-weight: 400;">Coinglass data indicates a spike in short positions, 55.96% of which are against SHIB. Hence, this bearish sentiment might continue to erode SHIB’s market stability. Meanwhile, BSC has seen a decline in activity by 18.3% in the last month, accompanied by a revenue dip of 16.4%, as per data from Token Terminal.</span></p> 
 <p><span style="font-weight: 400;">The stakes are higher than ever as memecoins like Dogecoin and Pepe vie for market share. For </span><span style="font-weight: 400;">SHIB</span><span style="font-weight: 400;">, the Shibarium incident might be the tip of the iceberg. The meme coin market is increasingly competitive, and any lapse in security or trust could result in significant setbacks.</span></p>  
 <div class="quads-location quads-ad148831 " id="quads-ad148831" style="float:none;margin:0px 3px 3px 3px;padding:0px 0px 0px 0px;"> 
  <div class="NewTrendin dsdsd m-on"> 
   <h5> 
    <svg class="inline-block w-5 ml-1 text-black _text-digg-blue" width="34" height="20" xmlns="//www.w3.org/2000/svg" viewbox="0 0 17 17" fill="currentColor"> <path fill-rule="evenodd" d="M12 7a1 1 0 110-2h5a1 1 0 011 1v5a1 1 0 11-2 0V8.414l-4.293 4.293a1 1 0 01-1.414 0L8 10.414l-4.293 4.293a1 1 0 01-1.414-1.414l5-5a1 1 0 011.414 0L11 10.586 14.586 7H12z" clip-rule="evenodd"></path> 
    </svg>Recommended Articles </h5> 
   <div class="TrendSList owl-carousel owl-relatedpostar"> 
    <div class="BoXtrendsI bg-white"> 
     <div class="ImgFrmI"> 
      <img width="1200" height="627" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201200%20627'%3E%3C/svg%3E" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="ethereum price crypto news" decoding="async" data-lazy-src="https://cdn.thebittimes.com/images/2023/09/04/cf35a15cb82cd1ed6fc87ff4ecbfc001.webp"> 
      <noscript> 
       <img width="1200" height="627" src="https://cdn.thebittimes.com/images/2023/09/04/cf35a15cb82cd1ed6fc87ff4ecbfc001.webp" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="ethereum price crypto news" decoding="async" loading="lazy"> 
      </noscript> 
     </div> 
     <h6 class="mb-4"> Crypto Presale Projects For 2023 To Invest; Updated List </h6> <span>Must Read</span> 
    </div> 
    <div class="BoXtrendsI bg-white"> 
     <div class="ImgFrmI"> 
      <img width="1200" height="627" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201200%20627'%3E%3C/svg%3E" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="crypto exchange affiliate programs" decoding="async" data-lazy-src="https://cdn.thebittimes.com/images/2023/09/04/fa6133ad6e87ee1c4776d3849180d46b.webp"> 
      <noscript> 
       <img width="1200" height="627" src="https://cdn.thebittimes.com/images/2023/09/04/fa6133ad6e87ee1c4776d3849180d46b.webp" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="crypto exchange affiliate programs" decoding="async" loading="lazy"> 
      </noscript> 
     </div> 
     <h6 class="mb-4">Best Crypto Trading Bots List 2023</h6> <span>Must Read</span> 
    </div> 
    <div class="BoXtrendsI bg-white"> 
     <div class="ImgFrmI"> 
      <img width="1200" height="627" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201200%20627'%3E%3C/svg%3E" alt="ethereum price crypto news" decoding="async" data-lazy-src="https://cdn.thebittimes.com/images/2023/09/03/f88de9f91a8c6b7926f52e209e8f697e.webp"> 
      <noscript> 
       <img width="1200" height="627" src="https://cdn.thebittimes.com/images/2023/09/03/f88de9f91a8c6b7926f52e209e8f697e.webp" alt="ethereum price crypto news" decoding="async" loading="lazy"> 
      </noscript> 
     </div> 
     <h6 class="mb-4"> Top Crypto Marketing Firms / Agencies 2023; Here’s Best Picks [Updated] </h6> <span>Must Read</span> 
    </div> 
    <div class="BoXtrendsI bg-white"> 
     <div class="ImgFrmI"> 
      <img width="1200" height="627" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201200%20627'%3E%3C/svg%3E" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="ethereum price crypto news" decoding="async" data-lazy-src="https://cdn.thebittimes.com/images/2023/09/03/472515f3ab5ae759f4e49d6afa8bc33a.webp"> 
      <noscript> 
       <img width="1200" height="627" src="https://cdn.thebittimes.com/images/2023/09/03/472515f3ab5ae759f4e49d6afa8bc33a.webp" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="ethereum price crypto news" decoding="async" loading="lazy"> 
      </noscript> 
     </div> 
     <h6 class="mb-4">Crypto Telegram Channels List 2023 [Updated]</h6> <span>Must Read</span> 
    </div> 
    <div class="BoXtrendsI bg-white"> 
     <div class="ImgFrmI"> 
      <img width="1200" height="627" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201200%20627'%3E%3C/svg%3E" alt="ethereum price crypto news" decoding="async" data-lazy-src="https://cdn.thebittimes.com/images/2023/09/03/48cfebc8a0493db9937bed5dd005ee19.webp"> 
      <noscript> 
       <img width="1200" height="627" src="https://cdn.thebittimes.com/images/2023/09/03/48cfebc8a0493db9937bed5dd005ee19.webp" alt="ethereum price crypto news" decoding="async" loading="lazy"> 
      </noscript> 
     </div> 
     <h6 class="mb-4">Top 10 Web3 Games To Explore In 2023; Here List</h6> <span>Must Read</span> 
    </div> 
   </div> 
  </div> 
 </div> 
 <p><span style="font-weight: 400;">The Shibarium <a rel="noopener noreferrer nofollow" title="rug pull" href="https://thebittimes.com/tag/rug-pull.html">rug pull</a> is a cautionary tale since it underscores the fragility of meme ecosystems and the risks of investing in them. Investors should tread carefully, especially in a landscape where sentiment can change swiftly and dramatically.</span></p> 
</div>  
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/shibarium-rug-pull-shakes-shib-and-binance-smart-chain-tbt61471.html">https://thebittimes.com/shibarium-rug-pull-shakes-shib-and-binance-smart-chain-tbt61471.html</a></p>

Shibarium Rug Pull Shakes SHIB and Binance Smart Chain

Table of Contents

TheBitTimes

Autres articles publiés le 4 sept. 2023

HAKUHODO KEY3’s Web3 Global Hackathon 2023: Starts Sept 30

Travel Rule Enforcement Begins for Crypto Firms in the UK – Here's What You Need to Know

Target Corp. (TGT Stock) Facing Headwinds, Will It Revisit $100?

FTX’s advertising under scrutiny as DOJ questions FTX.US separation

Exxon Mobil Corporation (XOM Stock): Breakout or Fakeout?

Upcoming Elon Musk Biography – Highlights Dogecoin Involvement

Join our free newsletter for daily crypto updates!