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Crypto Web3 Today
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Bullish
Shiba Inu (SHIB) Torches Monstrous 298 Million Tokens, Price Fails to Soar.
Shiba Inu (SHIB) is starting the week off with a mix of a positive uptick in its burn rate and a slight slump in price to show a visibly dynamic ecosystem.
Shiba Inu burn rate metric.
Data from Shibburn pegs the total number of incinerated tokens at 298,761,752 SHIB, with a 438.17% jump in the past 24 hours. This burn rate is a decoy, considering the SHIB burn rate has been growing remarkably over the past week.
Members of the Shiba Inu ecosystem have been proactive with the burning of SHIB since the start of this year. The collective effort has seen the overall burnt tokens from the initial supply jump to 410,723,397,483,539 SHIB, leaving a total of 589,276,602,516,460 SHIB in circulation.
With the Shiba Inu deflationary campaign
through massive burning of SHIB still
manual and based on community members'
curiosity, the most significant transaction
came from a wallet address with the tag
"Oxda...f57705," which burnt a total of
211,489,784 SHIB tokens. Other large
burning transactions spotted on-chain
include the 50,000,000 million from
Oxdb...2019a and 46,000,000 SHIB from
Oxb23...c460.
Shiba Inu price action.
Amid the positivity surrounding the Shiba Inu burning campaign, the price of the meme coin has failed to register a notable gain in 24 hours. At the time of writing, data from CoinMarketCap pegs the price of Shiba Inu at $0.00003426, down by 2%.
The sell-off might be considered a mild
correction from the massive uptick, with
25.5% growth over the past week. Shiba
Inu is maintaining a solid resilience above
the $0.00003 price mark, with the mid-to-
long-term target this bull cycle set at
breaching its previous all-time high (ATH)
and erasing another zero altogether.
#HotTrends
#Write2Earn
Shiba Inu (SHIB) is starting the week off with a mix of a positive uptick in its burn rate and a slight slump in price to show a visibly dynamic ecosystem.
Shiba Inu burn rate metric.
Data from Shibburn pegs the total number of incinerated tokens at 298,761,752 SHIB, with a 438.17% jump in the past 24 hours. This burn rate is a decoy, considering the SHIB burn rate has been growing remarkably over the past week.
Members of the Shiba Inu ecosystem have been proactive with the burning of SHIB since the start of this year. The collective effort has seen the overall burnt tokens from the initial supply jump to 410,723,397,483,539 SHIB, leaving a total of 589,276,602,516,460 SHIB in circulation.
With the Shiba Inu deflationary campaign
through massive burning of SHIB still
manual and based on community members'
curiosity, the most significant transaction
came from a wallet address with the tag
"Oxda...f57705," which burnt a total of
211,489,784 SHIB tokens. Other large
burning transactions spotted on-chain
include the 50,000,000 million from
Oxdb...2019a and 46,000,000 SHIB from
Oxb23...c460.
Shiba Inu price action.
Amid the positivity surrounding the Shiba Inu burning campaign, the price of the meme coin has failed to register a notable gain in 24 hours. At the time of writing, data from CoinMarketCap pegs the price of Shiba Inu at $0.00003426, down by 2%.
The sell-off might be considered a mild
correction from the massive uptick, with
25.5% growth over the past week. Shiba
Inu is maintaining a solid resilience above
the $0.00003 price mark, with the mid-to-
long-term target this bull cycle set at
breaching its previous all-time high (ATH)
and erasing another zero altogether.
#HotTrends
#Write2Earn
$BNB #
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Binance Square Official
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Binance Square #TrendingTopic Challenge: Win Swag & Have Your Articles Featured!
Starting January 16, the top three creators each week who post the best trending topic content on Binance Square will be rewarded with exclusive swag! Standout article submissions will also be spotlighted on our ‘Trending Articles’ page!
Here are Today's Trending Topics for March 12:
This post will be updated daily from Mon-Fri at 07:00 UTC with the latest trending topics and content guidelines to help spark your creative ideas.
Activity Period: Every Tuesday from 07:00 (UTC) to 07:00 (UTC) the following Tuesday, until March 12 2024 at 23:59 (UTC).
How to Participate
Login to your Binance account, and go to Binance Square.Publish content pieces (i.e, posts/articles) that include the #TrendingTopic hashtag and at least 200 characters.
Rules:
Multiple submissions are allowed, but each eligible creator is only entitled to 1 reward per week.Content pieces must reflect originality, insightful sharings, and real-time narratives.Creators are required to make a total of three posts weekly: one for the #TrendingTopic and two additional posts on any other days of the week.
Terms and Conditions:
This campaign may not be available in your region.Submissions will be evaluated by a panel from the Binance Square team, based on topic relevance, formatting, research quality, factual sourcing, and originality. Content must also align with Campaign Rules.Winners will be announced via the Binance Square Official Account before next Friday.Winners of the week will be notified via Square Assistant push before next Friday.Winners will receive a random Binance merchandise as part of their rewards. Only Articles will be featured on our Trending Articles page.Entries by Media & Project partners will not be considered for this campaign.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this campaign, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelines or Terms and Conditions.
Here are Today's Trending Topics for March 12:
This post will be updated daily from Mon-Fri at 07:00 UTC with the latest trending topics and content guidelines to help spark your creative ideas.
Activity Period: Every Tuesday from 07:00 (UTC) to 07:00 (UTC) the following Tuesday, until March 12 2024 at 23:59 (UTC).
How to Participate
Login to your Binance account, and go to Binance Square.Publish content pieces (i.e, posts/articles) that include the #TrendingTopic hashtag and at least 200 characters.
Rules:
Multiple submissions are allowed, but each eligible creator is only entitled to 1 reward per week.Content pieces must reflect originality, insightful sharings, and real-time narratives.Creators are required to make a total of three posts weekly: one for the #TrendingTopic and two additional posts on any other days of the week.
Terms and Conditions:
This campaign may not be available in your region.Submissions will be evaluated by a panel from the Binance Square team, based on topic relevance, formatting, research quality, factual sourcing, and originality. Content must also align with Campaign Rules.Winners will be announced via the Binance Square Official Account before next Friday.Winners of the week will be notified via Square Assistant push before next Friday.Winners will receive a random Binance merchandise as part of their rewards. Only Articles will be featured on our Trending Articles page.Entries by Media & Project partners will not be considered for this campaign.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this campaign, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelines or Terms and Conditions.
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Chain Game Pixels Token PIXEL Begins Distribution Ahead of Launch
According to PANews, the chain game Pixels token PIXEL has begun distribution with just two days left before its launch. The project team has started distributing tokens, including 250 million tokens (5%) being cross-chained to the Ronin network for gamers to claim PIXEL, 1.7 billion tokens (34%) transferred to a multi-signature address for ecosystem construction, 85 million tokens (17%) transferred to a multi-signature address for treasury use, and 50 million tokens (1%) transferred to a new address, possibly for market making.
In addition, PIXEL has been prioritized for deployment on the Ethereum mainnet and will be transferred to the Ronin mainnet through cross-chain methods.
In addition, PIXEL has been prioritized for deployment on the Ethereum mainnet and will be transferred to the Ronin mainnet through cross-chain methods.
