News with the tag "Burn"

In an astounding development, Shiba Inu’s burn rate has skyrocketed by nearly 500% over the last 24 hours. This has sparked widespread optimism, with analysts reinforcing their prediction that the Shiba Inu price will hit the coveted $0.01 target. Let’s unveil SHIB’s surprising surge in the burn rat...

Data from Shibburn reveals a dramatic surge in SHIB token destruction over the past 24 hours. The Shiba Inu community has burned 20,633,494 SHIB through five transactions, with the largest single burn accounting for 19,443,692 SHIB locked in an unspendable wallet. This explosive increase in burn rat...

Shiba Inu (SHIB) price has been consolidating after the recent crypto market correction. However, analysts see signs of a rebound, indicating a potential bullish trend. SHIB is testing a horizontal support level after a decline amid a massive Shibburn of 5000%. Market sentiment suggests a possible u...

Massive amount of SHIB has been burned overnight as the SHIB price began to recover

Shiba Inu’s burn rate nabbed significant investor attention in the midst of a broader market turmoil on Thursday. The latest burn metrics signaled that over 30 million tokens were sacked from the asset’s circulating supply, resulting in a 1300% uptick. Meanwhile, with a top crypto market analyst fur...

Venture capitalist Chris Burniske says that the current dip in digital assets is typical of any bull market cycle. In a post on the social media platform X, Burniske, the former head of crypto at Cathie Wood’s ARK Invest and current partner at Placeholder, points out other corrections in the 2021 bu...

Hold onto your hats, crypto enthusiasts! The DeFi space is buzzing with news that could significantly impact the value and dynamics of SKY tokens. Rune Christensen, the visionary founder behind Sky (formerly known as MakerDAO), has just dropped a bombshell on X (formerly Twitter): Sky is initiating ...

Shiba Inu price remains bullishly eyed by traders and investors despite the broader market volatility as its burning chronicles constantly kill supply. The latest burn metrics indicated that nearly 128 million SHIB was burnt over the past week. In turn, market sentiments about the dog-themed meme co...

Maker (MKR) price has defied the broader crypto market’s recent turbulent action, rallying over 75% in a week. The DeFi cryptocurrency recently witnessed a staggering $156 million token burn, which appears to have fueled a price upswing. As a result, market watchers are highly bullish on the token’s...

In a surprising turn of events for the SafeMoon community, the project, now under the wing of the VGX Foundation, is embarking on a new chapter. Following a substantial 2.2 trillion SFM token burn, SafeMoon is set to launch a brand-new memecoin on the Solana blockchain. This strategic move, slated f...