shibburn
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SHIB Burns Surge by 936%, Price Reacts Unexpectedly
The Shibburn platform has reported a dramatic increase in the rate at which SHIB tokens are being removed from circulation. Millions of these meme coins have been transferred to inactive wallets, also known as "dead wallets."
Although significantly more SHIB was burned over the past seven days compared to previous periods, weekly statistics indicate a decrease in the burning rate. Meanwhile, SHIB's price has been moving sideways despite the community’s notable efforts in burning tokens.
SHIB Burn Rate Increases by 936%
According to data from Shibburn, a total of 6,690,287 SHIB was burned in the last 24 hours. This led to a dramatic daily burn rate increase of 936.52%.
Two major transactions during this period accounted for the removal of 3,507,923 SHIB and 2,300,437 SHIB from circulation.
Over the past week, 62,381,241 SHIB were burned, marking a nearly 60% decrease in the burn rate. All these tokens were locked in inactive blockchain wallets, making them permanently unusable.
SHIB Market Performance
Last Friday, SHIB, the second-largest meme cryptocurrency by market capitalization, surprised the market with a price spike of approximately 30%, climbing from $0.00001859 to $0.00002406.
However, since this sharp rise, SHIB has experienced a 9.61% decline and is currently trading at $0.00002168.
Throughout the week, SHIB has been trading sideways, struggling to break through the resistance level at $0.00002200, but without success.
Conclusion
While the SHIB burn rate has seen a significant surge, its price remains in a consolidation phase. The SHIB community continues its efforts, which could have a long-term positive impact on the token’s value. Traders are closely monitoring whether SHIB can break through current resistance levels and regain its upward momentum.
#SHIB , #Shibarium , #SHIBburn , #Priceanalysis , #Memecoins
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Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
Although significantly more SHIB was burned over the past seven days compared to previous periods, weekly statistics indicate a decrease in the burning rate. Meanwhile, SHIB's price has been moving sideways despite the community’s notable efforts in burning tokens.
SHIB Burn Rate Increases by 936%
According to data from Shibburn, a total of 6,690,287 SHIB was burned in the last 24 hours. This led to a dramatic daily burn rate increase of 936.52%.
Two major transactions during this period accounted for the removal of 3,507,923 SHIB and 2,300,437 SHIB from circulation.
Over the past week, 62,381,241 SHIB were burned, marking a nearly 60% decrease in the burn rate. All these tokens were locked in inactive blockchain wallets, making them permanently unusable.
SHIB Market Performance
Last Friday, SHIB, the second-largest meme cryptocurrency by market capitalization, surprised the market with a price spike of approximately 30%, climbing from $0.00001859 to $0.00002406.
However, since this sharp rise, SHIB has experienced a 9.61% decline and is currently trading at $0.00002168.
Throughout the week, SHIB has been trading sideways, struggling to break through the resistance level at $0.00002200, but without success.
Conclusion
While the SHIB burn rate has seen a significant surge, its price remains in a consolidation phase. The SHIB community continues its efforts, which could have a long-term positive impact on the token’s value. Traders are closely monitoring whether SHIB can break through current resistance levels and regain its upward momentum.
#SHIB , #Shibarium , #SHIBburn , #Priceanalysis , #Memecoins
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
Feed-Creator-dba44a743:
burning scam
🔥 SHIB Weekly Burn Update 🔥
Over the last 7️⃣ days, a massive 131,204,000 SHIB has been sent to a dead wallet! 💀 However, the burn rate has dropped by 67.29% 📉.
Let’s keep the momentum going, #SHIBArmy! 💪🚀 #SHIBBurn
**⚠️ Disclaimer:**
This is for informational purposes only and not financial advice 💡. Crypto is risky 💥; do your own research 🔍 and consult a professional 💼 before investing. The author is not liable for any losses 🚫.
Over the last 7️⃣ days, a massive 131,204,000 SHIB has been sent to a dead wallet! 💀 However, the burn rate has dropped by 67.29% 📉.
Let’s keep the momentum going, #SHIBArmy! 💪🚀 #SHIBBurn
**⚠️ Disclaimer:**
This is for informational purposes only and not financial advice 💡. Crypto is risky 💥; do your own research 🔍 and consult a professional 💼 before investing. The author is not liable for any losses 🚫.
Hildred Mundine KIS0:
这个速度就是在玩人
131.2 Million SHIB Burned, But There's a Big Catch
The Shibburn platform, which tracks Shiba Inu (SHIB) token burns, revealed that the SHIB community managed to remove a significant amount of meme coins from circulation. However, this massive burn comes with nuances that make it less impressive.
This event coincided with a roughly 10% drop in SHIB's price.
Weekly Burn Reaches 131.2 Million SHIB
Over the past week, a total of 131,204,000 SHIB was transferred to a "dead" wallet. Despite this, the weekly burn rate dropped by 67.29% compared to the previous week.
Daily burn statistics look more optimistic, with burn transactions increasing by 69.28%. However, the amount of SHIB burned was much smaller, totaling 6,181,175 SHIB, achieved through eight burn transactions. The largest burns amounted to 2,874,467, 1,701,750, 1,463,776, and 1,000,000 SHIB.
According to Shibburn, a total of 410.7 trillion SHIB has been sent to non-spendable wallets since the project’s inception, while 584.1 trillion SHIB remain in circulation within the cryptocurrency market.
Whale Sells 650 Billion SHIB
An early SHIB whale who acquired more than 15 trillion SHIB four years ago recently sold two massive batches of tokens, totaling 650 billion SHIB.
The first transaction, involving 400 billion SHIB (worth $9.69 million), was sent to the Gemini cryptocurrency exchange. The second transaction, involving 250 billion SHIB, was also reported, but the destination was not disclosed.
After these sales, the whale still holds approximately 2 trillion SHIB, valued at $48.54 million.
Current SHIB Market Performance
Yesterday, SHIB's price dropped by 10% within 24 hours, falling from $0.00002617 to $0.00002338. However, it has since recovered by 4.27% and is now trading at $0.00002440.
This decline affected not only SHIB but the entire cryptocurrency market. Bitcoin, the largest cryptocurrency, fell below $100,000 after Federal Reserve Chair Jerome Powell announced that the upcoming interest rate cut would be just 25 basis points, instead of the 100 basis points expected by the global crypto community. This announcement led to widespread disappointment across the crypto space.
#SHIBburn , #Shibarium , #MemeWatch2024 , #shiba⚡ , #CryptoNewss
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
This event coincided with a roughly 10% drop in SHIB's price.
Weekly Burn Reaches 131.2 Million SHIB
Over the past week, a total of 131,204,000 SHIB was transferred to a "dead" wallet. Despite this, the weekly burn rate dropped by 67.29% compared to the previous week.
Daily burn statistics look more optimistic, with burn transactions increasing by 69.28%. However, the amount of SHIB burned was much smaller, totaling 6,181,175 SHIB, achieved through eight burn transactions. The largest burns amounted to 2,874,467, 1,701,750, 1,463,776, and 1,000,000 SHIB.
According to Shibburn, a total of 410.7 trillion SHIB has been sent to non-spendable wallets since the project’s inception, while 584.1 trillion SHIB remain in circulation within the cryptocurrency market.
Whale Sells 650 Billion SHIB
An early SHIB whale who acquired more than 15 trillion SHIB four years ago recently sold two massive batches of tokens, totaling 650 billion SHIB.
The first transaction, involving 400 billion SHIB (worth $9.69 million), was sent to the Gemini cryptocurrency exchange. The second transaction, involving 250 billion SHIB, was also reported, but the destination was not disclosed.
After these sales, the whale still holds approximately 2 trillion SHIB, valued at $48.54 million.
Current SHIB Market Performance
Yesterday, SHIB's price dropped by 10% within 24 hours, falling from $0.00002617 to $0.00002338. However, it has since recovered by 4.27% and is now trading at $0.00002440.
This decline affected not only SHIB but the entire cryptocurrency market. Bitcoin, the largest cryptocurrency, fell below $100,000 after Federal Reserve Chair Jerome Powell announced that the upcoming interest rate cut would be just 25 basis points, instead of the 100 basis points expected by the global crypto community. This announcement led to widespread disappointment across the crypto space.
#SHIBburn , #Shibarium , #MemeWatch2024 , #shiba⚡ , #CryptoNewss
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
20,035,968 SHIB Burned in 24 Hours – What’s Happening?
According to data shared by the tracking platform Shibburn, a massive amount of SHIB tokens was permanently destroyed on December 16 within a 24-hour period. However, this significant increase in SHIB burning had no positive impact on its price, which instead dropped by nearly 4% over the last day, despite Bitcoin (BTC) reaching a new all-time high of $106,488.
SHIB Burn Rate Surges by 1,987%
Data from Shibburn shows that the SHIB burn rate saw a dramatic increase of 1,987% on December 16 within a 24-hour period. This surge was made possible by burning a total of 20,035,968 SHIB, which were removed from circulation thanks to the efforts of the SHIB Army community.
The largest transaction transferred 11,196,225 SHIB to a burn wallet.The second-largest transaction burned 8,804,670 SHIB.
Interestingly, while the 24-hour burn numbers surged, the weekly burn rate saw a sharp drop of 92.69%. Over the past 7 days, 175,061,914 SHIB were burned, compared to 20,035,968 SHIB in the last 24 hours – nearly a ninefold difference.
In total, 410,742,797,923,452 SHIB have now been burned from the original quadrillion supply, thanks to the combined efforts of the SHIB community and Ethereum co-founder Vitalik Buterin.
The SHIB Burn Dilemma
Currently, there are 584,022,313,308,516 SHIB tokens still in circulation. Many members of the SHIB community are urging the development team to accelerate the burn process. The reasoning is simple: the smaller the supply, the rarer the token becomes. This could help drive SHIB’s price upward, bringing the community closer to the long-sought goal of $1 per SHIB.
Shibarium’s Role in the Burn Process
The SHIB development team, including lead developer Shytoshi Kusama, has repeatedly explained that the burn rate does not depend solely on their efforts. Instead, it relies on activity on the Shibarium network.
Higher user activity on Shibarium generates more gas fees, paid in the BONE token.A portion of these fees is used to burn SHIB, gradually reducing its overall supply.
Thus, for the burn rate to accelerate, Shibarium must achieve greater adoption and increased user activity.
Conclusion
Although over 20 million SHIB were burned in the last 24 hours, the token's price has yet to react positively. The SHIB community continues to call for a faster burn process, while the development team emphasizes the key role of Shibarium in achieving this goal. Reaching the $1 target for SHIB remains a challenge that requires both community participation and technological progress.
#SHIBburn , #Shibarium , #CryptoMarketTrend , #shiba⚡ , #ShytoshiKusama
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
SHIB Burn Rate Surges by 1,987%
Data from Shibburn shows that the SHIB burn rate saw a dramatic increase of 1,987% on December 16 within a 24-hour period. This surge was made possible by burning a total of 20,035,968 SHIB, which were removed from circulation thanks to the efforts of the SHIB Army community.
The largest transaction transferred 11,196,225 SHIB to a burn wallet.The second-largest transaction burned 8,804,670 SHIB.
Interestingly, while the 24-hour burn numbers surged, the weekly burn rate saw a sharp drop of 92.69%. Over the past 7 days, 175,061,914 SHIB were burned, compared to 20,035,968 SHIB in the last 24 hours – nearly a ninefold difference.
In total, 410,742,797,923,452 SHIB have now been burned from the original quadrillion supply, thanks to the combined efforts of the SHIB community and Ethereum co-founder Vitalik Buterin.
The SHIB Burn Dilemma
Currently, there are 584,022,313,308,516 SHIB tokens still in circulation. Many members of the SHIB community are urging the development team to accelerate the burn process. The reasoning is simple: the smaller the supply, the rarer the token becomes. This could help drive SHIB’s price upward, bringing the community closer to the long-sought goal of $1 per SHIB.
Shibarium’s Role in the Burn Process
The SHIB development team, including lead developer Shytoshi Kusama, has repeatedly explained that the burn rate does not depend solely on their efforts. Instead, it relies on activity on the Shibarium network.
Higher user activity on Shibarium generates more gas fees, paid in the BONE token.A portion of these fees is used to burn SHIB, gradually reducing its overall supply.
Thus, for the burn rate to accelerate, Shibarium must achieve greater adoption and increased user activity.
Conclusion
Although over 20 million SHIB were burned in the last 24 hours, the token's price has yet to react positively. The SHIB community continues to call for a faster burn process, while the development team emphasizes the key role of Shibarium in achieving this goal. Reaching the $1 target for SHIB remains a challenge that requires both community participation and technological progress.
#SHIBburn , #Shibarium , #CryptoMarketTrend , #shiba⚡ , #ShytoshiKusama
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
Feed-Creator-dba44a743:
burning scam by shytoSHIT kuSCAMMER
🔥 Shiba Inu Burn: Paving the Path to $SHIB’s Future 🚀
$SHIB , one of the most iconic meme cryptocurrencies, is turning heads with its innovative burning strategy aimed at reducing its massive supply and boosting long-term value. But what’s token burning, and why does it matter so much for Shiba Inu’s future?
🔥 What is Token Burning?
Token burning is like permanently locking tokens away—forever. By sending $SHIB to “burn wallets” (addresses that can only receive but not send tokens), Shiba Inu creates scarcity, potentially increasing its value over time. It’s the crypto equivalent of making diamonds rarer! 💎
🐾 Shiba Inu’s Burn Strategy
1️⃣ Community-led Burns
SHIB enthusiasts are leading the charge, voluntarily burning tokens through campaigns, collaborations, and even games. This grassroots effort keeps the momentum alive.
2️⃣ Burning via Shibarium
Shibarium, SHIB’s layer-2 blockchain, burns tokens directly from transaction fees. As network usage grows, so does the burn rate—creating a natural deflationary effect.
3️⃣ Utility Platform Burns
Platforms like ShibaSwap, SHIB’s decentralized exchange, allocate portions of transaction fees to token burns. Every trade strengthens SHIB’s ecosystem.
4️⃣ Third-party Initiatives
SHIB-themed businesses and independent projects contribute by burning portions of their revenue. Community-driven efforts are fueling SHIB’s growth.
🚀 The Impact on SHIB
1. Increased Scarcity
Fewer tokens = higher potential value as demand grows.
2. Boosted Investor Confidence
Burns show commitment to long-term growth, attracting both retail and institutional investors.
3. Ecosystem Growth
Burn mechanisms tied to Shibarium encourage engagement with SHIB’s expanding DeFi, gaming, and NFT platforms.
⚠️ Challenges and Opportunities
Token burns aren’t a magic solution. Price impact depends on factors like:
• Market sentiment 📰
• Adoption rates 🌍
• Overall crypto trends 📉
Still, with community dedication and ongoing innovations, SHIB’s burning strategy is a game-changer for its future.
💡 Looking Ahead
The Shiba Inu burn reflects more than just price strategy—it symbolizes the strength of its community-driven ethos. With tools like Shibarium, DeFi integration, and NFT collaborations, is evolving into more than just a meme—it’s becoming a movement.
Keep an eye on burn metrics—they’re shaping a bold and sustainable future for Shiba Inu.
Are you holding for the long term? Share your thoughts below! 👇
#SHIBburn #ShibaSwap #Shibarium! #Write2Earn! #cryptotipshop #CryptoBurn #Binance$SHIB
🔥 What is Token Burning?
Token burning is like permanently locking tokens away—forever. By sending $SHIB to “burn wallets” (addresses that can only receive but not send tokens), Shiba Inu creates scarcity, potentially increasing its value over time. It’s the crypto equivalent of making diamonds rarer! 💎
🐾 Shiba Inu’s Burn Strategy
1️⃣ Community-led Burns
SHIB enthusiasts are leading the charge, voluntarily burning tokens through campaigns, collaborations, and even games. This grassroots effort keeps the momentum alive.
2️⃣ Burning via Shibarium
Shibarium, SHIB’s layer-2 blockchain, burns tokens directly from transaction fees. As network usage grows, so does the burn rate—creating a natural deflationary effect.
3️⃣ Utility Platform Burns
Platforms like ShibaSwap, SHIB’s decentralized exchange, allocate portions of transaction fees to token burns. Every trade strengthens SHIB’s ecosystem.
4️⃣ Third-party Initiatives
SHIB-themed businesses and independent projects contribute by burning portions of their revenue. Community-driven efforts are fueling SHIB’s growth.
🚀 The Impact on SHIB
1. Increased Scarcity
Fewer tokens = higher potential value as demand grows.
2. Boosted Investor Confidence
Burns show commitment to long-term growth, attracting both retail and institutional investors.
3. Ecosystem Growth
Burn mechanisms tied to Shibarium encourage engagement with SHIB’s expanding DeFi, gaming, and NFT platforms.
⚠️ Challenges and Opportunities
Token burns aren’t a magic solution. Price impact depends on factors like:
• Market sentiment 📰
• Adoption rates 🌍
• Overall crypto trends 📉
Still, with community dedication and ongoing innovations, SHIB’s burning strategy is a game-changer for its future.
💡 Looking Ahead
The Shiba Inu burn reflects more than just price strategy—it symbolizes the strength of its community-driven ethos. With tools like Shibarium, DeFi integration, and NFT collaborations, is evolving into more than just a meme—it’s becoming a movement.
Keep an eye on burn metrics—they’re shaping a bold and sustainable future for Shiba Inu.
Are you holding for the long term? Share your thoughts below! 👇
#SHIBburn #ShibaSwap #Shibarium! #Write2Earn! #cryptotipshop #CryptoBurn #Binance$SHIB
SHIB Burn Rate Surges by 515.33% — Will the Price Catch Up? The Shiba Inu community has once again
SHIB Burn Rate Surges by 515.33% — Will the Price Catch Up?
The Shiba Inu community has once again intensified its token-burning efforts, sending millions of SHIB to dead-end wallets. According to Shibburn, a leading tracker for SHIB burns, the burn rate has surged by a remarkable 515.33% within the last 24 hours. This spike comes as the SHIB price attempted to break resistance at $0.00002888 but faced rejection, pulling back to $0.00002848.
🔥 Daily Burn Data:
Overnight, 72,847,617 SHIB tokens were removed from circulation, with a single massive burn of 70,605,175 SHIB leading the charge. A smaller transfer of 1,724,757 SHIB followed approximately 22 hours earlier. Despite this impressive burn activity, the weekly numbers remain less optimistic, with a total of 94,189,104 SHIB burned over the past seven days.
🔥 New Contributors and Developer Activity:
While SHIB holders continue to dominate the burn process, external crypto projects have recently joined in, burning billions of tokens to support the cause. Additionally, the SHIB development team maintains its commitment to monthly burns, consistently removing 400,000,000 SHIB from circulation to boost long-term scarcity.
📉 SHIB Price Action:
Despite the significant rise in the burn rate, SHIB’s price has struggled to reflect this momentum. It experienced a modest 4% surge but failed to sustain gains above the $0.00002888 resistance level. At the time of writing, SHIB trades at $0.00002848, slightly retreating from its recent highs.
However, there is a silver lining: since December 10, Shiba Inu has delivered a notable 17% rally, showcasing the community’s growing optimism and potential for further upward movement.
📊 Final Takeaway:
The SHIB burn rate continues to demonstrate the community’s commitment to reducing supply and enhancing the token's long-term value. While immediate price reactions remain subdued, consistent burns paired with growing ecosystem developments could set the stage for a significant breakout in the near future. Traders and investors should monitor SHIB’s resistance levels and whale activity closely for signs of a stronger uptrend.
#ShibaInu #SHIBBurn #CryptoNews #ShibaArmy #MemecoinWatch2024
The Shiba Inu community has once again intensified its token-burning efforts, sending millions of SHIB to dead-end wallets. According to Shibburn, a leading tracker for SHIB burns, the burn rate has surged by a remarkable 515.33% within the last 24 hours. This spike comes as the SHIB price attempted to break resistance at $0.00002888 but faced rejection, pulling back to $0.00002848.
🔥 Daily Burn Data:
Overnight, 72,847,617 SHIB tokens were removed from circulation, with a single massive burn of 70,605,175 SHIB leading the charge. A smaller transfer of 1,724,757 SHIB followed approximately 22 hours earlier. Despite this impressive burn activity, the weekly numbers remain less optimistic, with a total of 94,189,104 SHIB burned over the past seven days.
🔥 New Contributors and Developer Activity:
While SHIB holders continue to dominate the burn process, external crypto projects have recently joined in, burning billions of tokens to support the cause. Additionally, the SHIB development team maintains its commitment to monthly burns, consistently removing 400,000,000 SHIB from circulation to boost long-term scarcity.
📉 SHIB Price Action:
Despite the significant rise in the burn rate, SHIB’s price has struggled to reflect this momentum. It experienced a modest 4% surge but failed to sustain gains above the $0.00002888 resistance level. At the time of writing, SHIB trades at $0.00002848, slightly retreating from its recent highs.
However, there is a silver lining: since December 10, Shiba Inu has delivered a notable 17% rally, showcasing the community’s growing optimism and potential for further upward movement.
📊 Final Takeaway:
The SHIB burn rate continues to demonstrate the community’s commitment to reducing supply and enhancing the token's long-term value. While immediate price reactions remain subdued, consistent burns paired with growing ecosystem developments could set the stage for a significant breakout in the near future. Traders and investors should monitor SHIB’s resistance levels and whale activity closely for signs of a stronger uptrend.
#ShibaInu #SHIBBurn #CryptoNews #ShibaArmy #MemecoinWatch2024
Major Twist in Shiba Inu (SHIB) Burn Rate: Could This Trigger a Price Surge?
Notable Metrics for SHIB
Shiba Inu (SHIB), the dog-themed cryptocurrency, has shown intriguing statistics over the past 24 hours and the previous week. According to Shibburn, a platform tracking transactions sent to "dead wallets," an accelerated SHIB burn rate could potentially support a price increase.
Burn Activity and Its Impact
Shibburn provides hourly and weekly insights into SHIB burn activity and price performance. With a massive total supply of 589,257,293,677,689 and its low price, the community actively contributes to reducing supply through a deflationary mechanism.
In the past 24 hours, 2,242,442 SHIB were burned, marking an 81.06% increase. On a weekly basis, a total of 87,892,567 SHIB were burned, representing a decrease of 96.91%. This lower weekly burn activity suggests efforts to stabilize supply and price performance.
Market analysts suggest that this activity could inspire public sentiment as the community's commitment to burning mechanisms becomes evident. The decline in burn rate highlights the impact of the deflationary mechanism, potentially driving long-term price appreciation.
The deflationary effect could enhance investor confidence in SHIB's future value, encouraging them to stake on the meme coin. If this trend continues, it could support SHIB's price growth.
Current Market Dynamics and SHIB Outlook
At the time of writing, SHIB is trading at $0.00002811, reflecting a 0.45% increase in the past 24 hours. However, market volume remains lower, down 23.47% to $831.44 million, indicating a shift in momentum.
SHIB has been recovering this week after falling below the critical support level of $0.000032. Despite dropping to a low of $0.00002447, burn activity has helped support its rebound to higher levels.
Market observers expect SHIB to continue showing notable growth despite minor changes in its burn rate. Additionally, a potential retracement in the broader crypto market could further fuel a sharp price increase for this meme coin.
#shiba⚡ , #SHIBburn , #Shibarium , #memecoin🚀🚀🚀 , #MemeWatch2024
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
Shiba Inu (SHIB), the dog-themed cryptocurrency, has shown intriguing statistics over the past 24 hours and the previous week. According to Shibburn, a platform tracking transactions sent to "dead wallets," an accelerated SHIB burn rate could potentially support a price increase.
Burn Activity and Its Impact
Shibburn provides hourly and weekly insights into SHIB burn activity and price performance. With a massive total supply of 589,257,293,677,689 and its low price, the community actively contributes to reducing supply through a deflationary mechanism.
In the past 24 hours, 2,242,442 SHIB were burned, marking an 81.06% increase. On a weekly basis, a total of 87,892,567 SHIB were burned, representing a decrease of 96.91%. This lower weekly burn activity suggests efforts to stabilize supply and price performance.
Market analysts suggest that this activity could inspire public sentiment as the community's commitment to burning mechanisms becomes evident. The decline in burn rate highlights the impact of the deflationary mechanism, potentially driving long-term price appreciation.
The deflationary effect could enhance investor confidence in SHIB's future value, encouraging them to stake on the meme coin. If this trend continues, it could support SHIB's price growth.
Current Market Dynamics and SHIB Outlook
At the time of writing, SHIB is trading at $0.00002811, reflecting a 0.45% increase in the past 24 hours. However, market volume remains lower, down 23.47% to $831.44 million, indicating a shift in momentum.
SHIB has been recovering this week after falling below the critical support level of $0.000032. Despite dropping to a low of $0.00002447, burn activity has helped support its rebound to higher levels.
Market observers expect SHIB to continue showing notable growth despite minor changes in its burn rate. Additionally, a potential retracement in the broader crypto market could further fuel a sharp price increase for this meme coin.
#shiba⚡ , #SHIBburn , #Shibarium , #memecoin🚀🚀🚀 , #MemeWatch2024
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
Shiba Inu (SHIB) Shows Growth, but a Twist Awaits
The cryptocurrency market is experiencing renewed growth, with the combined market capitalization rising by 5.06% to $3.62 trillion. Among the notable gainers is Shiba Inu (SHIB), the second-largest meme coin, which saw a 7.05% increase on December 12, trading at $0.00002926, according to CoinMarketCap. Despite this positive momentum, there are challenges ahead that could impact SHIB's growth trajectory.
Discrepancy Between SHIB’s Price Growth and Burn Rate
Market data reveals a disconnect between SHIB’s trading activity and its burn rate. While trading volume reached $1.46 billion, marking a 7.6% increase, data from Shibburn highlights a significant drop in the token’s burn rate.
Only around 3 million SHIB tokens were burned over the past 24 hours, reflecting a 78% decline. This sharp decrease in the burn rate raises concerns about sustained price recovery.
The burn rate is a key indicator of community optimism regarding the SHIB project. A slower burn rate could dampen long-term positive sentiment and hinder price growth.
Ecosystem Updates Bring Renewed Optimism
Despite challenges, the Shiba Inu project has several positive updates to bolster its position. Following a panic sell-off by whales earlier in the week, the market has stabilized, and the gradual return of large holders is boosting demand for SHIB.
The community remains engaged through regular updates from Shytoshi Kusama on social media, maintaining optimism among ShibArmy members.
Moreover, SHIB has solidified its place as the second-largest meme coin after Dogecoin, thanks to significant technological advancements like Shibarium, a layer-2 scaling solution.
Shiba Inu’s Future Milestones
Shiba Inu is evolving beyond the speculative nature of meme coins. With practical products and staking mechanisms, the project aims to achieve further significant milestones in the cryptocurrency world. These developments have the potential to drive price growth and strengthen SHIB’s position within the digital asset ecosystem.
#Shibarium , #shiba⚡ , #SHIBburn , #CryptoNewss , #memecoin🚀🚀🚀
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
Discrepancy Between SHIB’s Price Growth and Burn Rate
Market data reveals a disconnect between SHIB’s trading activity and its burn rate. While trading volume reached $1.46 billion, marking a 7.6% increase, data from Shibburn highlights a significant drop in the token’s burn rate.
Only around 3 million SHIB tokens were burned over the past 24 hours, reflecting a 78% decline. This sharp decrease in the burn rate raises concerns about sustained price recovery.
The burn rate is a key indicator of community optimism regarding the SHIB project. A slower burn rate could dampen long-term positive sentiment and hinder price growth.
Ecosystem Updates Bring Renewed Optimism
Despite challenges, the Shiba Inu project has several positive updates to bolster its position. Following a panic sell-off by whales earlier in the week, the market has stabilized, and the gradual return of large holders is boosting demand for SHIB.
The community remains engaged through regular updates from Shytoshi Kusama on social media, maintaining optimism among ShibArmy members.
Moreover, SHIB has solidified its place as the second-largest meme coin after Dogecoin, thanks to significant technological advancements like Shibarium, a layer-2 scaling solution.
Shiba Inu’s Future Milestones
Shiba Inu is evolving beyond the speculative nature of meme coins. With practical products and staking mechanisms, the project aims to achieve further significant milestones in the cryptocurrency world. These developments have the potential to drive price growth and strengthen SHIB’s position within the digital asset ecosystem.
#Shibarium , #shiba⚡ , #SHIBburn , #CryptoNewss , #memecoin🚀🚀🚀
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
#shibburn #ShibaFiyatAnalizleri #ShibaInu Shiba uzun zamandır dolaşımda olan yüksek arzını azaltmak için bir dizi çalışma içinde bu anlamda şimdiye kadar yapılan manuel yakım işlemleri ile arzın azaltılması bir türlü başarılamadı. Shibarıum ile birlikte yakımların artacağı belirtilse de yakım oranları istenilen seviyelere bir türlü getirelememişti.
$SHIB bir kumsal iken günlük yapılan yakımlar ise bir kum tanesinden ileriye gitmeyi başaramıyor.
SHİBA Otomatik Yakım Sistemini Başlatıyor
Shiba ekibi tarafından yapılan son duyuru ile shiba coinin piyasada olan arzının azaltılmasına yönelik çalışmalarda son aşamalara gelindi. Bu anlamda başlatılan otomatik yakım mekanizması için geliştirilen sistem test ağında deneme işlemlerine başladı.
Yakın zamanda test işlemlerini bitirecek olan yakım sistemi ile shiba için önemli sorun olan manuel yakım oranları ve yüksek arz yavaş yavaş azaltılarak daha değerli bir hale gelmesi sağlanacak gibi duruyor.
Ekip tarafından $SHIB ile ilgili delişmelerin paylaşıldığı Shıba ınu dergisinin 11. sayısında test işlemleri ile ilgili detaylar paylaşıldı. Ayrıntılı bilgiye aşağıda yer alan bağlantı üzerinden ulaşabilirsiniz.
https://news.shib.io/article/65af39bc316e3f0001a9cb5d
Açıklamaya göre, otomatik yakma girişimi, ağın ekonomik modelini güçlendirmede önemli bir rol oynamayı amaçlayan dönüştürücü bir özelliktir. Bu çaba, $SHIB token arzını stratejik olarak azaltacak ve potansiyel olarak Shiba Inu'nun değerini artıracak.
Manuel Yakım Oranları Ne Seviyede
Shıba ınu şimdiye kadar manuel yakım sistemleri ile şimdiye kadar toplamda 476.000 USDT seviyesinde shıba ınu tokeni tamamen yok etmeyi başardı. Son 24 saat içerisinde mauel yakım oranlarında %26 oranında bir yükseliş görünürken manuel olarak 14,185,112 $Shıb token piyasadan silinmiş durumda. 581,251,992,356,678 adet shıba ise halen dolaşımda bulunmaktadır.
$SHIB bir kumsal iken günlük yapılan yakımlar ise bir kum tanesinden ileriye gitmeyi başaramıyor.
SHİBA Otomatik Yakım Sistemini Başlatıyor
Shiba ekibi tarafından yapılan son duyuru ile shiba coinin piyasada olan arzının azaltılmasına yönelik çalışmalarda son aşamalara gelindi. Bu anlamda başlatılan otomatik yakım mekanizması için geliştirilen sistem test ağında deneme işlemlerine başladı.
Yakın zamanda test işlemlerini bitirecek olan yakım sistemi ile shiba için önemli sorun olan manuel yakım oranları ve yüksek arz yavaş yavaş azaltılarak daha değerli bir hale gelmesi sağlanacak gibi duruyor.
Ekip tarafından $SHIB ile ilgili delişmelerin paylaşıldığı Shıba ınu dergisinin 11. sayısında test işlemleri ile ilgili detaylar paylaşıldı. Ayrıntılı bilgiye aşağıda yer alan bağlantı üzerinden ulaşabilirsiniz.
https://news.shib.io/article/65af39bc316e3f0001a9cb5d
Açıklamaya göre, otomatik yakma girişimi, ağın ekonomik modelini güçlendirmede önemli bir rol oynamayı amaçlayan dönüştürücü bir özelliktir. Bu çaba, $SHIB token arzını stratejik olarak azaltacak ve potansiyel olarak Shiba Inu'nun değerini artıracak.
Manuel Yakım Oranları Ne Seviyede
Shıba ınu şimdiye kadar manuel yakım sistemleri ile şimdiye kadar toplamda 476.000 USDT seviyesinde shıba ınu tokeni tamamen yok etmeyi başardı. Son 24 saat içerisinde mauel yakım oranlarında %26 oranında bir yükseliş görünürken manuel olarak 14,185,112 $Shıb token piyasadan silinmiş durumda. 581,251,992,356,678 adet shıba ise halen dolaşımda bulunmaktadır.
#SHIB bir yandan ağ testlerini tamamlarken yatırımcıları cezbedecek haberler yayınlamaya devam ediyor. Shytoshi Kusama 1 milyar adet shib yakıma hazır haberi ve gelecek hafta da yeni haberler geleceğini müjdeleyerek paylaşımı sonrası %10 luk bir fiyat artışı gözlemlendi. Tabi haberi duyan geliyor. Herkesin duygusal kurduğu token olsada duygusallıktan vazgeçmeliyiz. Gerçeklere bakılınca #SHIB #ShibaInu #shibburn #Shiba değerinin 1 dolar olabilmesi için çok yakım yapmalı. 1 TL olması bile yeterli olabilir. Ve geliştiricilerin de bu yönde çalışması gerektiğini biliyoruz. En azından ekip çalışmakta bu da güzel bir şey.
🔥 Shiba Inu (SHIB) Takes Burn to a New Level❗
Imagine if your snack started eating itself to lose weight—welcome to Shiba Inu’s wild week! 🐶🔥
#SHIB ’s burn rate just skyrocketed by 340%, torching over 11 million tokens in one go. Thanks to Shibarium's new burn mechanism, which turns transaction fees into ashes, this puppy’s shedding more weight than ever. 🏋️♂️💨
With ShibTorch on fire, SHIB's price rebounded, proving that sometimes, when you destroy things, they come back stronger—like a phoenix... or maybe just a very ambitious dog. 🐕🚀
#shiba⚡ #SHIBA🔥 #shibburn #ShibaInuSurge $SHIB
#SHIB ’s burn rate just skyrocketed by 340%, torching over 11 million tokens in one go. Thanks to Shibarium's new burn mechanism, which turns transaction fees into ashes, this puppy’s shedding more weight than ever. 🏋️♂️💨
With ShibTorch on fire, SHIB's price rebounded, proving that sometimes, when you destroy things, they come back stronger—like a phoenix... or maybe just a very ambitious dog. 🐕🚀
#shiba⚡ #SHIBA🔥 #shibburn #ShibaInuSurge $SHIB
🚨 $SHIB Holders, $1 Target Is No Longer a Dream! Massive Burn Plans Ahead! 🚨
Good news for all Shiba Inu ($SHIB ) enthusiasts! The once-imaginary $1 target is now within reach—though it requires a bold step: burning 99.99% of the remaining $SHIB tokens.
Here’s the scoop:
The initial 50% burn succeeded due to Vitalik Buterin's massive contribution, but replicating such a large-scale burn without a central authority is a colossal challenge. Currently, community-driven burns via dead wallets and transaction-based mechanisms are the driving force.
Achieving this ambitious target demands:
Exponential increase in burn rates
Active community participation
Innovative mechanisms to incentivize large-scale burns
While challenging, this vision isn't impossible with consistent efforts and collective support from the $SHIB army. Could this be the game-changing moment for Shiba Inu?
Stay tuned and watch the space closely!
#SHIBBurn #CryptoNews #SHIBArmy #Write2Earn #Share1BNBDaily
Good news for all Shiba Inu ($SHIB ) enthusiasts! The once-imaginary $1 target is now within reach—though it requires a bold step: burning 99.99% of the remaining $SHIB tokens.
Here’s the scoop:
The initial 50% burn succeeded due to Vitalik Buterin's massive contribution, but replicating such a large-scale burn without a central authority is a colossal challenge. Currently, community-driven burns via dead wallets and transaction-based mechanisms are the driving force.
Achieving this ambitious target demands:
Exponential increase in burn rates
Active community participation
Innovative mechanisms to incentivize large-scale burns
While challenging, this vision isn't impossible with consistent efforts and collective support from the $SHIB army. Could this be the game-changing moment for Shiba Inu?
Stay tuned and watch the space closely!
#SHIBBurn #CryptoNews #SHIBArmy #Write2Earn #Share1BNBDaily
🔥 $SHIB ON FIRE: 1 BILLION SHIB BURNED IN AN HOUR! 🔥
The Shiba Inu ($SHIB) community is turning up the heat! In a blazing move, over 1.2 billion SHIB tokens were burned in the last 24 hours, with a jaw-dropping 1 billion SHIB incinerated in just one hour. This massive burn marks a 2,050% surge in SHIB’s burn rate, electrifying the crypto space and reigniting investor excitement.
Why This Burn Matters
💥 Supply Shock Incoming: A whopping 1,282,587,181 SHIB tokens are now in dead wallets, tightening supply and reinforcing SHIB’s deflationary vision.
📈 Investor Buzz: This bold move has sparked fresh optimism, with many eyeing long-term price appreciation.
🌟 Community Power: The SHIB Army’s dedication to creating scarcity strengthens SHIB’s position as a serious contender in the crypto space.
Will SHIB’s Burn Strategy Ignite Explosive Gains?
With supply shrinking at this pace, all eyes are on SHIB’s charts. A breakout could be brewing, fueled by this relentless community effort. Don’t miss the action—SHIB could be gearing up for its next big move!
---
💡 BINANCE’S WEB3 WALLET REVOLUTION: POWERED BY DIN TECHNOLOGY
Binance is taking blockchain usability to the next level with Decentralized Identification Numbers (DIN). This breakthrough is redefining security and accessibility in Web3, positioning Binance as a trailblazer in the crypto revolution.
How DIN Changes the Game
🔒 Simplified Security: Forget traditional seed phrases—DIN provides immutable, easy-to-manage identifiers, ensuring secure wallet access.
🎁 Hassle-Free Airdrops: DIN guarantees precise airdrop delivery, eliminating fraud and rewarding users seamlessly.
🌍 Ecosystem Integration: Unified on-chain identities make interactions within Binance and other platforms effortless.
Why It Matters
This innovation sets a new benchmark for decentralized wallets, making blockchain accessible for all while driving mass adoption. Binance is cementing its role as the leader in Web3 innovation, and DIN is at the heart of it all.
---
The Big Picture
From SHIB’s record-breaking burns to Binance’s revolutionary DIN technology, these milestones highlight the unstoppable pace of innovation in crypto. Whether it’s creating scarcity to boost token value or simplifying blockchain usability, the future of crypto is here—and it’s brighter than ever.
🔗 What excites you most: SHIB’s burn strategy or Binance’s DIN revolution? Share your thoughts below and join the conversation!
#SHIBBurn
#Share1BNBDaily #CryptoZombieUprising #ETHOnTheRise #Write2Earn!
Why This Burn Matters
💥 Supply Shock Incoming: A whopping 1,282,587,181 SHIB tokens are now in dead wallets, tightening supply and reinforcing SHIB’s deflationary vision.
📈 Investor Buzz: This bold move has sparked fresh optimism, with many eyeing long-term price appreciation.
🌟 Community Power: The SHIB Army’s dedication to creating scarcity strengthens SHIB’s position as a serious contender in the crypto space.
Will SHIB’s Burn Strategy Ignite Explosive Gains?
With supply shrinking at this pace, all eyes are on SHIB’s charts. A breakout could be brewing, fueled by this relentless community effort. Don’t miss the action—SHIB could be gearing up for its next big move!
---
💡 BINANCE’S WEB3 WALLET REVOLUTION: POWERED BY DIN TECHNOLOGY
Binance is taking blockchain usability to the next level with Decentralized Identification Numbers (DIN). This breakthrough is redefining security and accessibility in Web3, positioning Binance as a trailblazer in the crypto revolution.
How DIN Changes the Game
🔒 Simplified Security: Forget traditional seed phrases—DIN provides immutable, easy-to-manage identifiers, ensuring secure wallet access.
🎁 Hassle-Free Airdrops: DIN guarantees precise airdrop delivery, eliminating fraud and rewarding users seamlessly.
🌍 Ecosystem Integration: Unified on-chain identities make interactions within Binance and other platforms effortless.
Why It Matters
This innovation sets a new benchmark for decentralized wallets, making blockchain accessible for all while driving mass adoption. Binance is cementing its role as the leader in Web3 innovation, and DIN is at the heart of it all.
---
The Big Picture
From SHIB’s record-breaking burns to Binance’s revolutionary DIN technology, these milestones highlight the unstoppable pace of innovation in crypto. Whether it’s creating scarcity to boost token value or simplifying blockchain usability, the future of crypto is here—and it’s brighter than ever.
🔗 What excites you most: SHIB’s burn strategy or Binance’s DIN revolution? Share your thoughts below and join the conversation!
#SHIBBurn
#Share1BNBDaily #CryptoZombieUprising #ETHOnTheRise #Write2Earn!
🔥 Shiba Inu ($SHIB ): The 99% Burn That Could Change Everything! 🐕🚀
ShibArmy, the moment you’ve been waiting for is here!
The Shiba Inu team has announced a game-changing plan to burn 99% of $SHIB ’s total supply, setting the stage for unprecedented growth and scarcity. Could this be the rocket fuel to send $SHIB to new heights? Let’s dive in!
💡 Why Is $SHIB Burning 99% of Its Supply?
The burn isn’t just a move—it’s a statement of commitment to the Shiba Inu ecosystem. Here’s what it means:
• 📉 Inflation Control: Reducing the supply protects from being diluted, boosting long-term value.
• 📈 Scarcity Drives Demand: Fewer tokens mean higher demand, creating the perfect recipe for price surges.
• 💎 Building Trust: This strategic burn showcases the team’s dedication to making a credible, lasting asset.
🚀 What Could This Mean for $SHIB ’s Price?
With 99% of the supply gone, the dynamics shift dramatically:
• 🌟 Increased Scarcity = Higher Value: The laws of supply and demand could work in $SHIB ’s favor, pushing prices up.
• 👀 Investor Confidence: A bold move like this can attract new investors and build hype around $SHIB ’s potential.
⚠️ But Remember: The crypto market is volatile, and nothing is guaranteed. Always DYOR (Do Your Own Research) and trade responsibly!
📊 Shiba Inu’s Bright Future
As the burn date approaches, excitement is hitting an all-time high. Whether you’re a long-term hodler or a trader looking for the next big opportunity, this is a moment to watch.
🔮 What’s Your Strategy?
Are you holding, buying more, or waiting for the burn to play out? Let us know in the comments!
👉 Follow Binance for the latest updates, market trends, and tips to thrive in the crypto space. 🚀✨
#SHIBburn #Write2Earn! #cryptotipshop #MemeCoinRevolution #BinanceUpdates
ShibArmy, the moment you’ve been waiting for is here!
The Shiba Inu team has announced a game-changing plan to burn 99% of $SHIB ’s total supply, setting the stage for unprecedented growth and scarcity. Could this be the rocket fuel to send $SHIB to new heights? Let’s dive in!
💡 Why Is $SHIB Burning 99% of Its Supply?
The burn isn’t just a move—it’s a statement of commitment to the Shiba Inu ecosystem. Here’s what it means:
• 📉 Inflation Control: Reducing the supply protects from being diluted, boosting long-term value.
• 📈 Scarcity Drives Demand: Fewer tokens mean higher demand, creating the perfect recipe for price surges.
• 💎 Building Trust: This strategic burn showcases the team’s dedication to making a credible, lasting asset.
🚀 What Could This Mean for $SHIB ’s Price?
With 99% of the supply gone, the dynamics shift dramatically:
• 🌟 Increased Scarcity = Higher Value: The laws of supply and demand could work in $SHIB ’s favor, pushing prices up.
• 👀 Investor Confidence: A bold move like this can attract new investors and build hype around $SHIB ’s potential.
⚠️ But Remember: The crypto market is volatile, and nothing is guaranteed. Always DYOR (Do Your Own Research) and trade responsibly!
📊 Shiba Inu’s Bright Future
As the burn date approaches, excitement is hitting an all-time high. Whether you’re a long-term hodler or a trader looking for the next big opportunity, this is a moment to watch.
🔮 What’s Your Strategy?
Are you holding, buying more, or waiting for the burn to play out? Let us know in the comments!
👉 Follow Binance for the latest updates, market trends, and tips to thrive in the crypto space. 🚀✨
#SHIBburn #Write2Earn! #cryptotipshop #MemeCoinRevolution #BinanceUpdates
33.6 Billion SHIB Destroyed by Shiba Inu Team and Shytoshi Kusama: Details
The official marketing manager of the Shiba Inu team, who prefers to call herself Lucie on social media, has taken to the Twitter/X network to spread the word about the fourth consecutive SHIB burn that was performed by the SHIB team.
Fourth massive SHIB burn, Lucie announced that another chunk of Shiba Inu meme coins has been transferred to unspendable wallets this month — 8,471,583,707 SHIB evaluated at $90,857.
This is the fourth hunk of SHIB transferred out of the circulating supply, and the third one performed this month. According to data provided by the Shibburn tracker, so far in December a total of 25,724,850,362 SHIB have been destroyed, with the burn rate jumping by a staggering 13,983.12% over the past week.
Overall, within the four burns, the Shiba Inu team has eliminated approximately 33.6 billion Shiba Inu worth $363,600. Token burns are a strategy undertaken in an attempt to reduce the circulating supply of a cryptocurrency by locking it away in unspendable blockchain addresses. The aforementioned tremendous burns made by the SHIB team are made using funds earned on transaction fees on the Layer-2 Shibarium blockchain.
Gas fees are charged in BONE, and then part of each fee is set aside. Some of it gets put away for the needs of the team, and the other part gets converted into SHIB and then transferred to dead-end addresses. Last weekend, Shytoshi Kusama took to X to announce that in order to achieve any significant price impact from burns, Shiba Inu and Shibarium must get away from memes and get global adoption and utility. The more investors, developers, users are using Shibarium, the more fees there are, he assumes, therefore, more SHIB burns can be made.
#shib #shibarium #shibburn
Disclaimer: DYOR
The official marketing manager of the Shiba Inu team, who prefers to call herself Lucie on social media, has taken to the Twitter/X network to spread the word about the fourth consecutive SHIB burn that was performed by the SHIB team.
Fourth massive SHIB burn, Lucie announced that another chunk of Shiba Inu meme coins has been transferred to unspendable wallets this month — 8,471,583,707 SHIB evaluated at $90,857.
This is the fourth hunk of SHIB transferred out of the circulating supply, and the third one performed this month. According to data provided by the Shibburn tracker, so far in December a total of 25,724,850,362 SHIB have been destroyed, with the burn rate jumping by a staggering 13,983.12% over the past week.
Overall, within the four burns, the Shiba Inu team has eliminated approximately 33.6 billion Shiba Inu worth $363,600. Token burns are a strategy undertaken in an attempt to reduce the circulating supply of a cryptocurrency by locking it away in unspendable blockchain addresses. The aforementioned tremendous burns made by the SHIB team are made using funds earned on transaction fees on the Layer-2 Shibarium blockchain.
Gas fees are charged in BONE, and then part of each fee is set aside. Some of it gets put away for the needs of the team, and the other part gets converted into SHIB and then transferred to dead-end addresses. Last weekend, Shytoshi Kusama took to X to announce that in order to achieve any significant price impact from burns, Shiba Inu and Shibarium must get away from memes and get global adoption and utility. The more investors, developers, users are using Shibarium, the more fees there are, he assumes, therefore, more SHIB burns can be made.
#shib #shibarium #shibburn
Disclaimer: DYOR
$SHIB ’S BATTLE FOR BREAKOUT: 108 BILLION SHIB MAY NOT BE ENOUGH!
Shiba Inu ($SHIB ) remains a hot topic in the crypto market, defying uncertainties with its resilience and recent price activity. With 56.34% of holders in profit, on-chain data paints a picture of potential growth—but is it enough to ignite SHIB’s next rally?
Key Levels to Watch: Will SHIB Break Through?
🔑 Critical Support Zone: $0.000027 - $0.000029
This cluster of activity highlights a strong safety net for SHIB holders, where bulls continue to defend against broader market volatility.
🚧 Resistance Barrier: $0.000031 - $0.000033
A fierce obstacle stands in SHIB’s path. Breaking this zone could unleash a massive rally, potentially targeting $0.000035 or higher.
---
Why It Matters: Signals of Strength and Opportunity
📊 Profitability Boost:
Over 129K addresses are actively profiting, showing renewed interest and support despite market challenges.
📈 Volume Surge:
Recent price movements and growing trading volumes suggest SHIB still has momentum. A recovery from the $0.000026 zone could reignite the bullish trend.
🌐 On-Chain Growth:
Increased activity and network engagement hint at accumulation and potential demand if sentiment shifts positively.
---
What’s Next for $SHIB ?
While 108 billion tokens seem substantial, SHIB’s long-term success depends on sustaining momentum, crossing key resistance levels, and attracting broader market support. A breakout above $0.000033 could lead to a bullish surge, but failure to hold $0.000026 might trigger a deeper correction toward $0.000022.
The Verdict: SHIB is at a crossroads, and its next move could define its trajectory. With strong community backing and on-chain dynamics aligning, the potential for a rally is undeniable. Are you ready to seize the opportunity?
#SHIBBurn #CryptoUpdate #BinanceInnovation #Share1BNBDaily #Write2Earn
Shiba Inu ($SHIB ) remains a hot topic in the crypto market, defying uncertainties with its resilience and recent price activity. With 56.34% of holders in profit, on-chain data paints a picture of potential growth—but is it enough to ignite SHIB’s next rally?
Key Levels to Watch: Will SHIB Break Through?
🔑 Critical Support Zone: $0.000027 - $0.000029
This cluster of activity highlights a strong safety net for SHIB holders, where bulls continue to defend against broader market volatility.
🚧 Resistance Barrier: $0.000031 - $0.000033
A fierce obstacle stands in SHIB’s path. Breaking this zone could unleash a massive rally, potentially targeting $0.000035 or higher.
---
Why It Matters: Signals of Strength and Opportunity
📊 Profitability Boost:
Over 129K addresses are actively profiting, showing renewed interest and support despite market challenges.
📈 Volume Surge:
Recent price movements and growing trading volumes suggest SHIB still has momentum. A recovery from the $0.000026 zone could reignite the bullish trend.
🌐 On-Chain Growth:
Increased activity and network engagement hint at accumulation and potential demand if sentiment shifts positively.
---
What’s Next for $SHIB ?
While 108 billion tokens seem substantial, SHIB’s long-term success depends on sustaining momentum, crossing key resistance levels, and attracting broader market support. A breakout above $0.000033 could lead to a bullish surge, but failure to hold $0.000026 might trigger a deeper correction toward $0.000022.
The Verdict: SHIB is at a crossroads, and its next move could define its trajectory. With strong community backing and on-chain dynamics aligning, the potential for a rally is undeniable. Are you ready to seize the opportunity?
#SHIBBurn #CryptoUpdate #BinanceInnovation #Share1BNBDaily #Write2Earn
🚨 Shiba Inu：它真的能达到 0.01 美元吗？🚨#Shibalnu #SHIBburn
Shiba Inu ($SHIB ) 目前在加密货币市场排名第 12 位，市值约为 200 亿美元，流通代币供应量为 589.26 万亿。虽然代币销毁机制一直是一个热门话题，但许多投资者被 SHIB 吸引，梦想着它有一天能达到 0.01 美元甚至 1 美元。但让我们来算一算。
以目前 0.00003256 美元的价格，即使每天销毁 10 亿个代币：
销毁大量供应的时间：
每天销毁 10 亿个代币相当于每年销毁 3650 亿个代币。
按照这个速度，需要 1,613 年才能将整个供应量烧掉至 1 万亿个代币。你会等吗？🤣
市值现实：
要达到 0.01 美元，SHIB 的当前供应量市值将达到天文数字 5.89 万亿美元——比 #Bitcoin 、#Ethereum 和大多数全球公司的总市值还要大！
为了实现这一目标，需要通过烧毁大幅减少代币供应量，但按照目前的烧毁速度，这是一场非常长期的游戏。
💡 关键要点：
烧毁机制很有前景，但不能保证快速见效。要达到 0.01 美元，要么需要以更快的速度大规模烧毁代币，要么需要前所未有的全球采用和投资——这是一种投机和冒险的赌注。
🔴提醒：加密货币波动性很大，投资涉及重大风险。一定要进行彻底的研究，了解市场动态，并且永远不要投资超过你能承受的损失。
如果你现在一直亏，不知道该怎么做，可以点我关注，点我头像随时找到我，所有合约现货玩法都有分享。只为涨粉
#APT、ADA、ENA大额解锁 #山寨季将持续多久？ $BTC $ETH $XRP
Shiba Inu ($SHIB ) 目前在加密货币市场排名第 12 位，市值约为 200 亿美元，流通代币供应量为 589.26 万亿。虽然代币销毁机制一直是一个热门话题，但许多投资者被 SHIB 吸引，梦想着它有一天能达到 0.01 美元甚至 1 美元。但让我们来算一算。
以目前 0.00003256 美元的价格，即使每天销毁 10 亿个代币：
销毁大量供应的时间：
每天销毁 10 亿个代币相当于每年销毁 3650 亿个代币。
按照这个速度，需要 1,613 年才能将整个供应量烧掉至 1 万亿个代币。你会等吗？🤣
市值现实：
要达到 0.01 美元，SHIB 的当前供应量市值将达到天文数字 5.89 万亿美元——比 #Bitcoin 、#Ethereum 和大多数全球公司的总市值还要大！
为了实现这一目标，需要通过烧毁大幅减少代币供应量，但按照目前的烧毁速度，这是一场非常长期的游戏。
💡 关键要点：
烧毁机制很有前景，但不能保证快速见效。要达到 0.01 美元，要么需要以更快的速度大规模烧毁代币，要么需要前所未有的全球采用和投资——这是一种投机和冒险的赌注。
🔴提醒：加密货币波动性很大，投资涉及重大风险。一定要进行彻底的研究，了解市场动态，并且永远不要投资超过你能承受的损失。
如果你现在一直亏，不知道该怎么做，可以点我关注，点我头像随时找到我，所有合约现货玩法都有分享。只为涨粉
#APT、ADA、ENA大额解锁 #山寨季将持续多久？ $BTC $ETH $XRP
🔥🔥🔥 $SHIB Burns See 887% Surge After 634 Million SHIB Destruction in February
Shibburn, a SHIB transaction tracker, has alerted the community to a significant surge in the SHIB burn rate observed since yesterday. Concurrently, the same source has disclosed an impressive amount of SHIB tokens destroyed over the past month.
In the past 24 hours alone, the collective efforts of the SHIB community led to the incineration of 37,104,438 SHIB meme coins, marking an astonishing 887.07% increase in the burn rate. Among these burns, the largest transaction occurred approximately nine hours ago, torching 21,540,898 SHIB to unspendable cryptocurrency wallets. The second-largest burn saw 9,740,615 SHIB obliterated, happening 16 hours ago.
Additionally, three other substantial transfers accounted for 2,154,873 SHIB, 1,000,000 SHIB, and 1,802,613 SHIB, with the latter taking place less than an hour ago.
On Friday, less than 4 million SHIB were sent to unspendable #blockchain addresses, as per data provided by the #shibburn website. Moreover, over the course of February, the SHIB community disposed of a staggering 643,656,418 SHIB meme coins in total.
In tandem with these burns, Shiba Inu has witnessed an extraordinary surge of over 70% in the last 24 hours, reaching a high of $0.00002502, a level last seen in April 2022. Spot On Chain analytics data aggregator highlights three major SHIB purchases contributing to this price surge.
Leading the purchases, a savvy #whale acquired a remarkable 75.91 billion SHIB on Binance for $1.51 million and withdrew them, currently enjoying a profit of $614,000 (69%). The second significant purchase was made by the founder of Maker DAO, @RuneKek, who acquired 7.41 billion SHIB for 100,000 USDT.
Finally, a blockchain wallet linked to the UPbit exchange amassed 2.13 trillion SHIB over the past 24 hours, becoming the seventh-largest SHIB address, holding 12.45 trillion Shiba Inu worth $247 million at the time of writing.
Source - u.today
#CryptoNews🔒📰🚫 #BinanceSquareTalks
Shibburn, a SHIB transaction tracker, has alerted the community to a significant surge in the SHIB burn rate observed since yesterday. Concurrently, the same source has disclosed an impressive amount of SHIB tokens destroyed over the past month.
In the past 24 hours alone, the collective efforts of the SHIB community led to the incineration of 37,104,438 SHIB meme coins, marking an astonishing 887.07% increase in the burn rate. Among these burns, the largest transaction occurred approximately nine hours ago, torching 21,540,898 SHIB to unspendable cryptocurrency wallets. The second-largest burn saw 9,740,615 SHIB obliterated, happening 16 hours ago.
Additionally, three other substantial transfers accounted for 2,154,873 SHIB, 1,000,000 SHIB, and 1,802,613 SHIB, with the latter taking place less than an hour ago.
On Friday, less than 4 million SHIB were sent to unspendable #blockchain addresses, as per data provided by the #shibburn website. Moreover, over the course of February, the SHIB community disposed of a staggering 643,656,418 SHIB meme coins in total.
In tandem with these burns, Shiba Inu has witnessed an extraordinary surge of over 70% in the last 24 hours, reaching a high of $0.00002502, a level last seen in April 2022. Spot On Chain analytics data aggregator highlights three major SHIB purchases contributing to this price surge.
Leading the purchases, a savvy #whale acquired a remarkable 75.91 billion SHIB on Binance for $1.51 million and withdrew them, currently enjoying a profit of $614,000 (69%). The second significant purchase was made by the founder of Maker DAO, @RuneKek, who acquired 7.41 billion SHIB for 100,000 USDT.
Finally, a blockchain wallet linked to the UPbit exchange amassed 2.13 trillion SHIB over the past 24 hours, becoming the seventh-largest SHIB address, holding 12.45 trillion Shiba Inu worth $247 million at the time of writing.
Source - u.today
#CryptoNews🔒📰🚫 #BinanceSquareTalks
🚨 Shiba Inu: Can It Really Hit $0.01? 🚨#Shibalnu #SHIBburn $SHIB
Shiba Inu ($SHIB ) is currently ranked #12 in the crypto market, boasting a market cap of around $20B and a circulating supply of 589.26 trillion tokens. While the token-burning mechanism has been a hot topic, many investors are drawn to SHIB with the dream that it could one day hit $0.01 or even $1. But let's do the math.
At the current price of $0.00003256, even if 1 billion tokens are burnt daily:
Time to Burn Significant Supply:
Burning 1 billion tokens per day equates to 365 billion tokens per year.
At this rate, it would take 1,613 years to burn the entire supply down to 1 trillion tokens. Would you wait?🤣
Market Cap Reality:
To reach $0.01, SHIB's market cap at the current supply would be an astronomical $5.89 trillion—larger than the combined market cap of #Bitcoin , #Ethereum , and most global companies!
To make this feasible, a massive reduction in token supply through burns would be required, but at the current burn rate, it’s a very long-term game.
💡 Key Takeaway:
Burning mechanisms are promising but don’t guarantee quick results. Reaching even $0.01 would require either massive token burns at a faster rate or unprecedented global adoption and investment—a speculative and risky bet.
🔴 Reminder: Cryptocurrencies are highly volatile, and investing involves significant risks. Always do thorough research, understand the market dynamics, and never invest more than you can afford to lose. 🚀
Do you believe SHIB has the potential to hit $0.01? Follow me and let me know your thoughts below! ⬇️
Shiba Inu ($SHIB ) is currently ranked #12 in the crypto market, boasting a market cap of around $20B and a circulating supply of 589.26 trillion tokens. While the token-burning mechanism has been a hot topic, many investors are drawn to SHIB with the dream that it could one day hit $0.01 or even $1. But let's do the math.
At the current price of $0.00003256, even if 1 billion tokens are burnt daily:
Time to Burn Significant Supply:
Burning 1 billion tokens per day equates to 365 billion tokens per year.
At this rate, it would take 1,613 years to burn the entire supply down to 1 trillion tokens. Would you wait?🤣
Market Cap Reality:
To reach $0.01, SHIB's market cap at the current supply would be an astronomical $5.89 trillion—larger than the combined market cap of #Bitcoin , #Ethereum , and most global companies!
To make this feasible, a massive reduction in token supply through burns would be required, but at the current burn rate, it’s a very long-term game.
💡 Key Takeaway:
Burning mechanisms are promising but don’t guarantee quick results. Reaching even $0.01 would require either massive token burns at a faster rate or unprecedented global adoption and investment—a speculative and risky bet.
🔴 Reminder: Cryptocurrencies are highly volatile, and investing involves significant risks. Always do thorough research, understand the market dynamics, and never invest more than you can afford to lose. 🚀
Do you believe SHIB has the potential to hit $0.01? Follow me and let me know your thoughts below! ⬇️