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Shiba Inu (SHIB) fans and investors have long pursued the $0.01 price point. The SHIB community often calls this the “one-cent dream.” While SHIB has had an incredible journey over the last four years, the asset has struggled to gain momentum amid a market-wide lackluster performance. SHIB fans and community members continue to push the asset’s popularity and demand. Also Read: Shiba Inu: $1 Investment in 2020 is Worth This Much Today in 2025 How Can Shiba Inu Fulfil The 1 Cent Dream? Source: Watcher Guru One of the most significant barriers to SHIB’s price is its massive circulating supply. There are about 589 trillion SHIB tokens in circulation. If the asset hits the $0.01 price level with its current supply, the project’s market cap will rise to $5.89 trillion. This figure is highly unrealistic as it is larger than major tech companies such as Apple, Microsoft, Nvidia, etc. Also Read: Bitcoin Overtakes Amazon’s $2.1 Trillion Market Cap Once Again: Apple ...

1. BNB Foundation Completes 29th Quarterly BNB Burn link A total of 1,772,712.363 BNB, valued at approximately $1.07 billion, has been burned. Due to the ongoing BNB Chain integration, this quarter’s burn, as well as future burns, will occur directly on the Binance Smart Chain (BSC), with the corresponding BNB being sent to a “black hole” address. Additionally, BNB employs a real-time burn mechanism based on gas fees. BSC validators determine the proportion of gas fees collected in each block, burning a fixed percentage. Since the introduction of BEP95, around 242,000 BNB has been burned under this mechanism. 2. Optimism Foundation Approves Grant of 25 Million OP Tokens to Kraken link The Optimism Foundation has approved a grant of 25 million OP tokens to Kraken. At the time of the agreement earlier this year, the grant was valued at approximately $100 million, though it is now worth about $42.5 million. This deal, completed around January or February, facilitates Kraken’s use of Optim...

Research into “Long COVID” and furthering medical infrastructure development will be the two main focus areas for Buterin. Ethereum co -founder Vitalik Buterin is working with India-based crypto fund Crypto Relief and Polygon co founder Sandeep Nailwal to send $100 million towards COVID-19 research and medical infrastructure development in India. Buterin and Nailwal will receive $90 million in USD Coin (USDC) from Crypto Relief, while Buterin will provide $10 million out of his own pocket to further the cause. The two will then help distribute the funds.  According to a January 2022 Twitter post from Nailwal, Crypto Relief will transfer the funds to Buterin in order for the India-based crypto fund to remain in full compliance with their local laws. The first installment went towards tackling the COVID-19 pandemic in India through “emergency humanitarian relief.” Crypto Relief describes itself as a community-run fund which has delivered financial relief to India during the COVID-19 ...

Join Our Telegram channel to stay up to date on breaking news coverage On Friday, Binance, the largest cryptocurrency exchange in the world, announced that $570 million had been stolen in a breach of the blockchain it operates to facilitate cross-network transfers of assets. The Binance Smart Chain network attack exposed vulnerability in DeFi, or computer-controlled financial transactions. System Vulnerable but No Money Lost In an interview with CNBC, Binance CEO Changpeng Zhao acknowledged that bug-free software is impossible to achieve. The hacker stressed that no users had lost any money, but warned that cross-chain bridges were especially susceptible to attacks and that the industry needs to improve its ability to learn from its mistakes. A series of assaults have been discovered targeting weaknesses in cross-chain bridges, and the team will freely discuss the specifics of the postmortem and any lessons on how to deploy more sophisticated security measures to shore-up the...