Tag: Burn

Shiba Inu Burn Rate Skyrockets Over 14,000% As Price Recovers

Shiba Inu (SHIB) recently experienced a sharp increase in burn rate with very few tokens burned. The SHIB Burn tracker shows that over the previous 24 hours, the burn rate of the Shiba Inu increased by 14,267.59%. The increase occurs even though there haven’t been many tokens burned. Around 14.07 million tokens were transferred to dead […]

Shiba Inu Burn Rate Spikes 14,267%, Price Recovers

Wahid Pessarlay Shiba Inu’s burn rate massively recovers in the past 24 hours Shiba Inu (SHIB) just saw a massive burn rate spike while not many tokens were burned. According to the SHIB Burn tracker, Shiba Inu’s burn rate rose by 14,267.59% in the past 24 hours. Source: SHIB BURN The spike comes while the […]

Shiba Inu Community Ramps Up Burn, Is SHIB Ready For A Rebound?

The Shiba Inu (SHIB) community has been burning tokens for a while now. This burn is in an effort to reduce the supply of the meme coin, thereby increasing its value. There have been times where the burn has not been as high as expected but the community has been increasing its efforts to burn […]

SHIB prepares to eat one zero after burn rate jumps up 1,494%

Shiba Inu burn rate is up 1,494% after a massive burn of 147.5 million SHIB over the past week.  SHIB burn rate has steadily declined, weekly burn in October is similar to the daily burn in the month of August 2022.  A new Shiba Inu whale scooped up 3.36 trillion SHIB in a single transaction.  […]

Shiba Inu Burn Rate Has Just Spiked By An Impressive 1,860%

Shiba Inu, a cryptocurrency that is a spin-off of dog-themed crypto Dogecoin, is counting on massive token burning rates to stop its decline. Over the last 24 hours, over 45 million SHIB Tokens were burned During the same time frame, Shiba Inu failed to increase its trading price Analysts think the asset might “die” by […]

Shiba Inu Price Prepares for Significant Move Following 23.3M SHIB Burn

Shiba Inu (SHIB) has been called many names — from ‘Doge killer’ to meme token. Nonetheless, with the SHIB supply shrinking, can demand kick price gains in gear? On Oct. 25, Shiba Inu’s burn rate spiked by a massive nearly 1800%, according to data from Shibburn. Despite the SHIB price moving in a narrow range […]

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