Dogecoin’s Liquidation Horror, Shibarium Breakthrough & Binance’s Bold Move – Crypto Chaos!

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Well, well, well, crypto enthusiasts. Buckle up, because here are the most eye-popping tales from the digital currency world in the last 24 hours, courtesy of U.Today.

Dogecoin Shorts Are Crying: 123% Liquidation Imbalance Hits

Oh, what a tragedy for the Dogecoin short-sellers! In the most glorious of roller-coaster rides, DOGE experienced price volatility that left even the most seasoned traders weeping. $3.61 million in liquidations vanished into the ether as the meme coin fell from $0.180 to a humble $0.1746, unable to cling to support levels like a toddler to their mother. A particularly eye-watering 123% liquidation imbalance caught everyone’s eye, with long-position traders taking the brunt of the hit. But wait, it gets even better: short-sellers lost less than a million, a measly $720,160. It’s almost as if they were rewarded for their misfortune! The price is currently down 5.36%, but the sentiment? Oh, it’s still as bullish as a rodeo bull – especially with whales throwing around millions like it’s Monopoly money. 🐋💸

Shibarium’s Giant Leap: Adoption Breakthrough

Shibarium, the layer-2 wonderland for Shiba Inu, has just surpassed 200 million addresses. Yes, you heard that right. Two hundred million. That’s more than some countries have people, and more than enough to make even Bitcoin‘s fanbase raise an eyebrow. According to the ever-reliable Shibariumscan, there are now 200,436,691 registered addresses in this booming ecosystem. Oh, and just in case you missed it, the SHIB team also celebrated hitting a *tiny* milestone back in March—one billion transactions. And now? They’ve launched the SHIB App Store to make it even more irresistible for developers. Let’s just hope it doesn’t collapse under the weight of its own success… But we’re optimistic! 🐕🚀

Binance Gets Ready to Retire IOTA Deposit Addresses – Here’s Why

Hold onto your hats, folks, Binance.US just dropped a bombshell. They’re retiring the existing deposit addresses for IOTA. This isn’t just some random change; it’s all in preparation for the IOTA mainnet upgrade on May 5, 2025. But don’t worry, it’s all part of the plan. If you’re sitting on IOTA, now’s the time to make your move because by May 2, 2025, at 11:00 p.m. EDT, the old deposit addresses will be gone faster than a cryptocurrency bubble. So, get your deposits in before they vanish into the digital abyss. After the upgrade, expect shiny new deposit addresses to make their grand entrance. It’s all a part of the IOTA Rebased upgrade, which will transition the network from Stardust to a new validator-secured framework. Will this be a game-changer or just another crypto headache? Time will tell. ⏳

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2025-04-30 19:00