News with the tag "shiba inu burn"

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’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...

Shiba Inu burn rate took off 2000% on Friday, boosting market sentiment for the asset despite a broader crypto sector slump. Recent burn metrics highlighted that the massive surge stands primarily attributable to roughly 14 million coins removed from the asset’s market supply in a day. As an upshot,...

Recent developments have sparked renewed investor confidence in Shiba Inu (SHIB) as its burn rate soared by over 60,000%, dramatically reducing the token’s circulating supply. This aggressive token burn is viewed as a bullish signal by the community, as it increases scarcity and potentially drives u...

The Shiba Inu burn rate has experienced a dramatic surge, exploding by an astonishing 7,240% in just one day. This massive surge has led to the removal of over 1.1 billion tokens from circulation, effectively reducing the token’s significant supply. The latest sharp increase in SHIB burns have also ...

Shiba Inu burn rate again surged by a remarkable 800% on Monday, sparking slight investor optimism despite the recent market slump ahead of FOMC. Roughly 6 million tokens were removed from the dog-themed meme coin’s circulating supply in the past 24 hours. However, with SHIB price tanking 5% intrada...

On-chain data has unveiled an impressive surge in the Shiba Inu burn rate, skyrocketing by more than 600% in just one day. This sharp rise in token burns indicates a growing interest in decreasing the overall supply of SHIB. Moreover, it has raised the possibility that the SHIB price could follow su...

Shiba Inu, the second-largest meme coin, has seen its price edge upward, and its token burn mechanism has also relayed a similar trend. According to the Shiba Inu burn tracker Shibburn.com, the number of SHIB tokens burned has risen by about 21.76% in the past 24-hour timeframe. This increase in SHI...

The Shiba Inu (SHIB) community has significantly accelerated its token-burning efforts, with over 26.2 million SHIB permanently removed from circulation in the past 24 hours. This led to a 104% surge in the burn rate, according to data from Shibburn. Millions of SHIB Burned in Few Transactions Shibb...

Shiba Inu burn rate has surged significantly in the last 24 hours. Over 21 million SHIB tokens have been burned in the last 24 hours, bringing down the circulating supply to create scarcity and mark upticks in price. The community is anticipating further price rises in the days to come, especially w...