SHIB Burns Rocket 158%, But Failure Strikes Anyway
Main Idea
SHIB token burns surged by 158% in 24 hours, but the weekly burn rate dropped by 97.82%, and the SHIB price fell by 4% despite the increased burn activity.
Key Points
1. SHIB burns increased by 157.59% in 24 hours, with 752,339 SHIB transferred to unspendable addresses.
2. The largest single burn transaction involved 642,622 SHIB.
3. Weekly SHIB burns totaled 13,829,470 tokens, but the burn rate declined by 97.82%.
4. SHIB's price dropped by 4% over the past day, following a similar decline and recovery pattern.
5. At the time of reporting, SHIB was trading at $0.00001348 with a market cap of $7,947,694,601.
Description
Major Shiba Inu metric soars but spike is close to failure anyway
$SHIB
$0.000013039
-2.66%
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