Shiba Inu Burn Rate Skyrockets: What’s Behind the 5.6 Billion SHIB Burned?
The Shiba Inu (SHIB) ecosystem saw a massive burn rate increase in the past 24 hours, with 5.6 billion SHIB taken out of circulation. While burn rate spikes happen, recent weeks saw only minor amounts sent to dead wallets, making this multi-billion burn rare. Major Burn Rate Increase Shibburn data shows a 373,961% burn rate […]
Shiba Inu Burn Rate Surges 108%: Price Ready to Break Out?
The SHIB burn rate has seen a notable increase recently, according to data from Shibburn, a popular tracking platform. The meme cryptocurrency’s burn rate has jumped by 108%, with nearly 100 million SHIB tokens removed from circulation. Despite this progress, there are nuances to consider that slightly temper the overall excitement. Minor Price Recovery Follows […]
Shiba Inu Burn Rate Surges 6,750%: What’s Driving the Increase?
The Shiba Inu burn rate has seen a dramatic spike in the past 24 hours, according to the Shibburn tracker. Despite SHIB prices experiencing a significant decline this week, the community has made notable progress in reducing the circulating supply of meme coins. Over 27 Million SHIB Tokens Burned In just one day, the SHIB […]
Shiba Inu Rebounds with Price Surge and Burn Rate Growth
Shiba Inu (SHIB) has bounced back after a sudden price drop in the last 24 hours, showing signs of recovery. The popular meme coin project is experiencing growth across key metrics, most notably in its burn rate. At the time of writing, the burn rate has surged by over 455%, resetting growth parameters for the […]
Shiba Inu’s 226% Burn Rate Boost: Can It Drive a Price Recovery?
In the past 24 hours, Shiba Inu (SHIB) experienced a sharp price drop. However, while key metrics like price fell, the SHIB burn rate saw a significant 226% increase. This suggests that despite the downturn, some SHIB community members still have confidence in the token. Over 2.6 Million SHIB Tokens Burned This increase in the […]
Shiba Inu Burn Rate Freeze: What’s Behind the Sudden Stagnation?
In recent days, one of the critical metrics for Shiba Inu (SHIB), the burn rate, has shown no movement. Data indicates that there have been no SHIB tokens transferred to “inferno” wallets, leaving the burn rate at a standstill. This stagnation has raised concerns within the community, especially since there has been no official comment […]
Shiba Inu Sees Explosive Burn Rate Increase as Market Reacts
Recent data from Shibburn reveals a dramatic increase in the burn rate of Shiba Inu (SHIB). Over the past 24 hours, the burn rate has skyrocketed by 1,088%, marking the first significant rise in the burn rate this week. Price Surge and Increased Burns The price of SHIB has also surged, climbing nearly 6% from […]
Shiba Inu Lead Addresses Demands for Significant SHIB Burns
Recently, Shiba Inu’s marketing lead, Lucie, unveiled the SHIB roadmap for the next three years, featuring exciting projects like WOOFVertise, SHY Mode, and the Shib.io Metaverse. Despite this buzz, some community members voiced their frustration over the lack of significant SHIB burns. One critic specifically accused Shiba Inu’s lead, Shytoshi Kusama, of failing the community. […]
Shiba Inu Burn Rate Surges: Is a Bullish Turn Imminent?
Shiba Inu (SHIB), the second-largest meme coin, recently saw a dramatic surge in its burn rate, noted by @RoundtableSpace on X (formerly Twitter). This increase led to a slight rise in SHIB’s price. However, SHIB has been on a downward trend, mirroring the broader cryptocurrency market decline. Burn Rate Soars, Price Sees Temporary Surge According […]
SHIB Burns Surge, New Web3 Game Set to Launch on Shibarium
The Shiba Inu community achieved a significant milestone as the burn rate soared by an astonishing 7,334%, with several million SHIB coins destroyed. The crypto wallet tracking platform Shibburn reported this dramatic rise. Overnight, the burn rate showcased a massive four-digit increase. This event coincided with the SHIB team hinting at a crucial Web3 upgrade […]