SHIB Burn Rate Finally Soars as Millions of Shiba Inu Get 'Set on Fire' The SHIB army has finally managed to increase SHIB burns despite the fact that the Shiba Inu price remains in the red and shows a deep fall on a weekly basis. According to data shared on the Shibburn website recently, the burn rate has jumped by nearly 1,000% after several consecutive days of hanging below the zero level deep in the red zone.
According to data from Glassnode, more and more Bitcoin holders are choosing to keep their coins for the long term instead of selling them for a quick profit. This trend, often referred to as “hodling,” indicates that Bitcoin is becoming a more mature and stable asset class that attracts investors who believe in its future potential.
Binance Backs Terra Classic Network Upgrade – Will Price Soar to All-Time Highs? Report
Binance shows support for the upgrade of Terra Classic’s network, potentially increasing its price. Terra Luna Classic’s long-term sentiment remains bullish, with a price prediction of $0.0003 by 2024, despite its recent decline and neutral price movement.