According to the Shibburn website, Shiba Inu is seeing a 535% surge in its daily burn rate. In the last 24 hours, a total of 8,107,271 SHIB tokens were burned in eight transactions.
The day before saw a total of 1,275,013 SHIB tokens burned in six transactions, hence the skyrocketing increase in the SHIB burn rate.Meanwhile, over a quarter-billion SHIB tokens have been burned in the last week. Shibburn reports that in the last seven days, a total of 259,383,545 SHIB tokens have been burned in 66 transactions.
The last day saw a drop in Shiba Inu transaction volume to 2.62 trillion SHIB, per IntoTheBlock data. The Transactions Volume indicator calculates the total volume of transactions recorded on-chain.
In the recent 24 hours, large transaction volumes accounted for 1.33 trillion SHIB. Large transaction volume, which exclusively counts transactions worth more than $100,000, is indicative of whale activity.
At the time of writing, SHIB was 1.7% up in the last 24 hours to $0.000008. Shiba Inu once again reached the psychological $0.000008 level after bulls advanced the price climb from the Nov. 3 lows of $0.00000763.
Shiba Inu is currently trading in between its daily moving averages (MA) of 50 and 200, and a break in either direction might spell the next move.
On the upside, Shiba Inu bulls would contend with the $0.00000825 level to continue the upward trend, with a target of $0.00001134 in sight.
In another warning to the Shiba Inu community, Shibarmy Scam Alerts state that more fake sites and NFT drops requesting users connect their crypto wallets and redeem cash are arising.
In this light, Shiba Inu holders are urged to verify the URLs and not connect their crypto wallets to sites until they have done their due diligence.
đžHow i Grow 1$ to đ°$44k starting from #Binance ! đ
PART 1.
Just like you i was scraping for #airdrops and hoping for my invested token to go up.
đ I lost! Now Broke!
But didn't give up. On my relentless journey, searching how to make money online. I saw this guy who made $100k from binance and it was still making more with it.
But he was offering a course for sale to learn how and I had just $1 while the course was selling at $200 đ. You can imagine.
I fell back to Binance and decided to learn myself so I got into the binance acedemy. FREE
To my surprise there was so much ways to make money on binance and so much that I was confused on what to even start with.
While I had $1 guess what I did ?
(Share & Follow for [PART 2](https://www.binance.com/en/feed/post/631175?ref=102805760&utm_campaign=app_share_link)) to learn how at the end of this story : Educational only, #dyor is always adviced.
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Note: Airdrop will end on 8th December and rewards will be distributed to the participants after the airdrop ends.
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đ **Crypto 2023: 7 Coins Expected to Skyrocket x10!** đ
Cryptocurrency enthusiasts and investors are eagerly anticipating the next bull season, and with it, the potential for substantial gains. While the crypto market can be notoriously unpredictable, here's a list of coins that have caught our attention and are expected to increase by more than x10 in the upcoming crypto boom:
1. **SHIB đ**: First up, the meme coin inspired by the Shiba Inu dog breed. SHIB has captured the hearts of many, not just for its adorable mascot but also for its vibrant and enthusiastic community.
2. **OP âïž**: Operating as a layer-2 scaling solution for the Solana blockchain, OP is on a mission to tackle high transaction fees and slow speeds. Solana is already known for its lightning-fast transactions, and OP aims to make it more efficient.
3. **XRP đž**: Ripple's digital asset, XRP, is all about making international money transfers more efficient and cost-effective. As financial institutions increasingly adopt blockchain technology, XRP could play a crucial role in facilitating global transactions.
4. **ACH đł**: With a focus on digital payments, ACH is positioned to outperform traditional payment methods in terms of speed, cost, and security. In an era where digital payments are becoming the norm, ACH could be a game-changer.
5. **HBAR đ**: Hedera Hashgraph's high-performance and energy-efficient blockchain sets the stage for a wide range of applications. Its focus on scalability and security makes it a strong candidate for adoption in various industries.
6. **RNDR đ»**: The world of 3D graphics rendering is a resource-intensive one. RNDR offers a decentralized platform where users can rent out their computing power. As the demand for high-quality graphics continues to grow, RNDR's utility may skyrocket.
7. **OCEAN đ**: In the DeFi sector, OCEAN is making waves. It's a platform that enables users to buy, sell, and share data. OCEAN's potential to surge in value is evident.
The $XRP bull run appears to be on hold for the time being, as the focus has shifted towards accumulation.
The cryptocurrency is likely to trade within a triangular pattern for the next 4-5 months, and market participants anticipate a breakout around mid-2024.