Shiba Inu Undeterred By Market Crash As Burn Rate Surges 404%
Shiba Inu is one of the altcoins that have been hit, especially in the crypto market crash, seeing a substantial decline from its 2024 highs. However, this has not deterred…
Shiba Inu Burn: Here’s How Many SHIB Tokens Were Incinerated In August 2024
Shiba Inu burns have become a staple in the industry after the community sponsored burning began around two years ago. Every month, community members have been sending millions to billions…
Shiba Inu Sees Largest SHIB Burn In 2 Months: Here’s Why
A staggering 96,086,320 Shiba Inu (SHIB) tokens (worth $1,364) were burned in a single transaction on Thursday, making it the largest burn event in the last two months. The transaction…
Shiba Inu Burn Rate Spikes 1,088% In One Day, But It’s Not All Good News
The Shiba Inu burn rate has seen a notable spike in the past 24 hours that suggests a turn in the tide when it comes to SHIB burning. However, despite…
Shiba Inu’s Burn Rate Drops by 100%, What Is Going On?
The Shiba Inu (SHIB) burn rate has again tumbled with the number of tokens burned in the last 24 hours, painting a bearish picture for the meme coin. Shiba Inu’s…
Shiba Inu Burn Rate Up 3500% As Investors Switch Their Focus to Mpeppe
In recent weeks, the cryptocurrency landscape has been abuzz with dramatic shifts as investors redirect their attention from Shiba Inu (SHIB) to a new rising star, Mpeppe (MPEPE). The surge…
Ethereum Base Fee Collapse Causes ETH Burn to Fall Drastically
The Ethereum network is currently experiencing its lowest level of ETH burning this year. Data suggests that the base fee briefly tumbled to a multi-year low of almost 0.8 Gwei.…
Shiba Inu Burn Rate Explodes by 140,000% as the SHIB Price Rebounds
TL;DR The Shiba Inu burn rate surged by nearly 140,000% in the past 24 hours, with over 105 million tokens burned, contributing to a significant reduction in the circulating supply.…
Shiba Inu Petition For Binance To Burn SHIB Tokens Crosses First Milestone
The Shiba Inu community has launched a petition urging Binance, the world’s largest crypto exchange, to burn SHIB tokens. The petition, which has received an overwhelming response from SHIB supporters,…
Shiba Inu (SHIB) Sees 60% Monthly Drop in Burn Rate: Reason to Worry?
TL;DR The Shiba Inu team burned millions of tokens last month. The mechanism aims to reduce supply and potentially boost prices if demand stays strong. SHIB’s price dropped by 4%…