BurnRate
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đĽ Shiba Inu Explodes 17% â Is the Burn Rate Surge Fueling a New Rally?đĽ
Shiba Inu (SHIB) is making headlines, surging 17.7% in a day and a whopping 30% over the past week, hitting levels unseen since April 1. Hereâs whatâs fueling this rally:
đĽ Massive Spike in $SHIB Burn Rate
The burn rate for Shiba Inu tokens has skyrocketed by 7,400%, drastically reducing the circulating supply.
đš Over the past week, SHIB token burns increased by 984.26%, leaving a circulating supply of approximately 589.2 trillion.
đš The Shibarium Layer 2 blockchain plays a vital role in this, processing 541 million transactions and burning transaction fees collected in BONE tokens.
With increased burns reducing supply, demand for SHIB is strengthening.
đ Analysts Predict Major Upside
Crypto analysts are optimistic about SHIBâs price potential:
đš Ali Martinez forecasts a climb to $0.000037, marking a 54% upside from current levels.
đš Javon Marks goes further, predicting a rally to $0.000081, a 200% gain!
đ Whale Accumulation Adds Fuel
SHIB is also seeing significant interest from whales:
đš On Nov. 21, large holder netflow surged by 256%, with whales adding 393.48 billion SHIB tokens, worth over $9.8 million.
đš This accumulation follows a $6 million sell-off the previous day, signaling renewed bullish sentiment.
đ Shiba Inuâs Evolution: More Than a Meme
SHIB is transforming from a meme coin into a serious blockchain project:
đš The Shibarium Layer 2 blockchain supports decentralized governance through its BONE token, used for gas fees and validator incentives.
đš The âShib Armyâ continues to drive adoption, highlighting the community's grassroots ethos.
âWhatâs Next for SHIB?
The big question: Can SHIB sustain its rally?
đ Risks remain, including market volatility and potential whale sell-offs.
đ However, Bitcoinâs (BTC) anticipated surge to $100,000 could provide additional momentum.
#ShibaInu #SHIB #ShibaFundamentalAnlysis #BurnRate #MemeCoin
Shiba Inu (SHIB) is making headlines, surging 17.7% in a day and a whopping 30% over the past week, hitting levels unseen since April 1. Hereâs whatâs fueling this rally:
đĽ Massive Spike in $SHIB Burn Rate
The burn rate for Shiba Inu tokens has skyrocketed by 7,400%, drastically reducing the circulating supply.
đš Over the past week, SHIB token burns increased by 984.26%, leaving a circulating supply of approximately 589.2 trillion.
đš The Shibarium Layer 2 blockchain plays a vital role in this, processing 541 million transactions and burning transaction fees collected in BONE tokens.
With increased burns reducing supply, demand for SHIB is strengthening.
đ Analysts Predict Major Upside
Crypto analysts are optimistic about SHIBâs price potential:
đš Ali Martinez forecasts a climb to $0.000037, marking a 54% upside from current levels.
đš Javon Marks goes further, predicting a rally to $0.000081, a 200% gain!
đ Whale Accumulation Adds Fuel
SHIB is also seeing significant interest from whales:
đš On Nov. 21, large holder netflow surged by 256%, with whales adding 393.48 billion SHIB tokens, worth over $9.8 million.
đš This accumulation follows a $6 million sell-off the previous day, signaling renewed bullish sentiment.
đ Shiba Inuâs Evolution: More Than a Meme
SHIB is transforming from a meme coin into a serious blockchain project:
đš The Shibarium Layer 2 blockchain supports decentralized governance through its BONE token, used for gas fees and validator incentives.
đš The âShib Armyâ continues to drive adoption, highlighting the community's grassroots ethos.
âWhatâs Next for SHIB?
The big question: Can SHIB sustain its rally?
đ Risks remain, including market volatility and potential whale sell-offs.
đ However, Bitcoinâs (BTC) anticipated surge to $100,000 could provide additional momentum.
#ShibaInu #SHIB #ShibaFundamentalAnlysis #BurnRate #MemeCoin
đĽ Daily $ETH burn on #Ethereum dropped to a yearly low, with just 210 ETH burned on Saturday as gas fees hit 1-2 gwei.
This marks the lowest levels in years, impacting ETH issuance.
Net ETH emissions rose to over 14,000 ETH in the last 7 days.
#EthereumBurnRate #BurnRate #TrendingTopic
This marks the lowest levels in years, impacting ETH issuance.
Net ETH emissions rose to over 14,000 ETH in the last 7 days.
#EthereumBurnRate #BurnRate #TrendingTopic
đ¨đŚ$SHIB Inu's Burn Rate Drops 82% despite a recent price recovery!đĽ
SHIB's burn mechanism has slowed down, raising doubts about its ability to hit its ATH of $0.00008. đ But, the price is up 63% this weekđĽ
Can SHIB overcome this hurdle and keep climbing? #SHIB #CryptoNewss #BurnRate
#meme_coin #Shibalnu
đ Crypto_Life_Bđ TheCrypto_B
SHIB's burn mechanism has slowed down, raising doubts about its ability to hit its ATH of $0.00008. đ But, the price is up 63% this weekđĽ
Can SHIB overcome this hurdle and keep climbing? #SHIB #CryptoNewss #BurnRate
#meme_coin #Shibalnu
đ Crypto_Life_Bđ TheCrypto_B
đ¨đ¨ $SHIB Inu Headed for $100B Market Cap? Bold Analyst Prediction Shakes Up the Crypto Scene! đ¨đ¨
In a daring forecast, crypto analyst Jake Gagain has sent shockwaves through the community, predicting that Shiba Inu ($SHIB ) could skyrocket to a $100 billion market cap! đ¤ With SHIB currently sitting at $0.00001856 (-0.58%), this ambitious call has sparked excitement and skepticism alike among traders and investors.
Gagain highlights Shiba Inuâs recent ecosystem developments and a strategic partnership with Mass, a company focusing on decentralized financial solutions, as major catalysts. To add fuel to the fire, Shiba Inuâs burn rate has surged by 14,570%, hinting at a possible price explosion on the horizon.
đĽ Jake Gagain's now-famous tweet: â$SHIB to 100 Billion or I Delete My X Accountâ has stirred up a frenzy, with Shytoshi Kusama cheekily responding: âYour words, not mine.â
With SHIBâs market structure looking solid and more partnerships forming, a major price rally could be in the cards. Will Shiba Inu live up to this massive $100B prediction? Keep your eyes on SHIBâthis ride could be wild! đ
#MemeCoinTrending #SHIB100B #SHIBArmy #CryptoBuzz #BurnRate
In a daring forecast, crypto analyst Jake Gagain has sent shockwaves through the community, predicting that Shiba Inu ($SHIB ) could skyrocket to a $100 billion market cap! đ¤ With SHIB currently sitting at $0.00001856 (-0.58%), this ambitious call has sparked excitement and skepticism alike among traders and investors.
Gagain highlights Shiba Inuâs recent ecosystem developments and a strategic partnership with Mass, a company focusing on decentralized financial solutions, as major catalysts. To add fuel to the fire, Shiba Inuâs burn rate has surged by 14,570%, hinting at a possible price explosion on the horizon.
đĽ Jake Gagain's now-famous tweet: â$SHIB to 100 Billion or I Delete My X Accountâ has stirred up a frenzy, with Shytoshi Kusama cheekily responding: âYour words, not mine.â
With SHIBâs market structure looking solid and more partnerships forming, a major price rally could be in the cards. Will Shiba Inu live up to this massive $100B prediction? Keep your eyes on SHIBâthis ride could be wild! đ
#MemeCoinTrending #SHIB100B #SHIBArmy #CryptoBuzz #BurnRate
SHIB Burning Spikes by 65,529%, Here's How Much SHIB Was Burned
According to data from #SHIBburn , a transaction tracker monitoring SHIB burn transfers, the SHIB army managed to push the burn rate of their favorite meme cryptocurrency to a new impressive high over the last 24 hours.
This significant increase was the result of burning several million Shiba Inu coins. Despite the sharp rise in the burn rate, the price of #SHIBŘ did not react positively and recorded a 3% decline.
#BurnRate surged by 65,529%
Shibburnâs data shows that over the past 24 hours, the burn rate increased by an astounding 65,529.67%, with more than 2,652,095 SHIB meme coins being transferred to non-spendable blockchain wallets.
So far, six burn transactions have been completed, with the two largest occurring 22 and 5 hours ago, each burning over 1.5 million SHIB. Both transfers were made by the same anonymous wallet address ending in -521f.
The smallest burn, which occurred 21 hours ago, destroyed just 2,054 SHIB. Notably, no SHIB tokens were burned on Thursday, and the burn rate showed a surprising -100% at that time.
Total SHIB burned
The Shibburn website reports that the SHIB community, along with the meme coin's development team, has successfully burned a total of 410,731,247,072,753 SHIB. This represents nearly half of the original supply of 1 quadrillion coins, which was created when SHIB was launched in 2020.
New records for Shibarium
In a recent tweet, Shiba Inu's pseudonymous marketing lead, Lucie, announced that Shibarium, the layer-2 blockchain launched in August of last year, hit new highs in several key metrics this week.
The first milestone was an increase in daily transactions. On October 24, this metric peaked at 4.77 million transactions, a significant rise from 1.7 million transactions on October 22âa 180% increase in just two days. The total number of transactions shown on the Shibariumscan explorer now stands at 427,578,464.
Lucie also highlighted a major surge in the number of accounts on Shibarium, which skyrocketed from 127,588 on October 21 to 171,199 on October 25, marking a 34% increase.
Lucie noted that it has been exciting to witness Shibariumâs growth, especially âas we enter the early days of major development.â She added that all teams are currently hard at work.
#memecoinđđđ , #shiba⥠$SHIB
Stay one step ahead â 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.â
This significant increase was the result of burning several million Shiba Inu coins. Despite the sharp rise in the burn rate, the price of #SHIBŘ did not react positively and recorded a 3% decline.
#BurnRate surged by 65,529%
Shibburnâs data shows that over the past 24 hours, the burn rate increased by an astounding 65,529.67%, with more than 2,652,095 SHIB meme coins being transferred to non-spendable blockchain wallets.
So far, six burn transactions have been completed, with the two largest occurring 22 and 5 hours ago, each burning over 1.5 million SHIB. Both transfers were made by the same anonymous wallet address ending in -521f.
The smallest burn, which occurred 21 hours ago, destroyed just 2,054 SHIB. Notably, no SHIB tokens were burned on Thursday, and the burn rate showed a surprising -100% at that time.
Total SHIB burned
The Shibburn website reports that the SHIB community, along with the meme coin's development team, has successfully burned a total of 410,731,247,072,753 SHIB. This represents nearly half of the original supply of 1 quadrillion coins, which was created when SHIB was launched in 2020.
New records for Shibarium
In a recent tweet, Shiba Inu's pseudonymous marketing lead, Lucie, announced that Shibarium, the layer-2 blockchain launched in August of last year, hit new highs in several key metrics this week.
The first milestone was an increase in daily transactions. On October 24, this metric peaked at 4.77 million transactions, a significant rise from 1.7 million transactions on October 22âa 180% increase in just two days. The total number of transactions shown on the Shibariumscan explorer now stands at 427,578,464.
Lucie also highlighted a major surge in the number of accounts on Shibarium, which skyrocketed from 127,588 on October 21 to 171,199 on October 25, marking a 34% increase.
Lucie noted that it has been exciting to witness Shibariumâs growth, especially âas we enter the early days of major development.â She added that all teams are currently hard at work.
#memecoinđđđ , #shiba⥠$SHIB
Stay one step ahead â 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.â
SHIBA INU (SHIB) IGNITES 874% BURN RATE, DESTROYS 8.7 MILLION TOKENS!
In a stunning turn of events, Shiba Inu's burn rate has skyrocketed 874.74% in just 24 hours, with a whopping 8.7 million tokens sent to dead wallets! This massive burn event comes at a crucial time, as the SHIB price was severely impacted by the WazirX hack earlier today.
The community's determination to reduce the supply and make SHIB a deflationary asset is evident. With 410 trillion tokens already removed from circulation, the ultimate goal is to inject bullish momentum into the price. Although the SHIB price hasn't responded yet, this burn event will have a long-term impact.
Here's the breakdown:
- 874.74% increase in burn rate
- 8.7 million tokens destroyed
- 410 trillion tokens removed from circulation
- 583 trillion tokens remaining in circulation
- SHIB price currently down 9.44% at $0.00001757
Will SHIB recover from this hack and continue its journey to becoming a deflationary asset? Stay tuned for more updates! #SHIB #ShibaInu #BurnRate #DeflationaryAsset #Cryptocurrency
In a stunning turn of events, Shiba Inu's burn rate has skyrocketed 874.74% in just 24 hours, with a whopping 8.7 million tokens sent to dead wallets! This massive burn event comes at a crucial time, as the SHIB price was severely impacted by the WazirX hack earlier today.
The community's determination to reduce the supply and make SHIB a deflationary asset is evident. With 410 trillion tokens already removed from circulation, the ultimate goal is to inject bullish momentum into the price. Although the SHIB price hasn't responded yet, this burn event will have a long-term impact.
Here's the breakdown:
- 874.74% increase in burn rate
- 8.7 million tokens destroyed
- 410 trillion tokens removed from circulation
- 583 trillion tokens remaining in circulation
- SHIB price currently down 9.44% at $0.00001757
Will SHIB recover from this hack and continue its journey to becoming a deflationary asset? Stay tuned for more updates! #SHIB #ShibaInu #BurnRate #DeflationaryAsset #Cryptocurrency
đĽ Shiba Inu ($SHIB) Burn Rate Skyrockets by 33,818%: Whatâs Happening? đĽ
The Shiba Inu community is buzzing as the $SHIB burn rate has surged an incredible 33,818% in the last 24 hours! This massive spike in burn rate is causing quite a stir, leaving many wondering whatâs behind this explosive increase.
đĽ What Does This Mean?
The burn rate refers to the number of SHIB tokens being permanently removed from circulation, effectively reducing the total supply. A higher burn rate can lead to a more scarce supply, which could have a positive impact on price in the long term, depending on demand.
đ Why Did the Burn Rate Spike?
The recent surge is likely a result of coordinated burn events by the Shiba Inu community, including burn initiatives tied to upcoming project launches or key developments within the Shiba Inu ecosystem.
đ Whatâs Next for $SHIB?
With the burn rate increasing, the Shiba Inu community is speculating about potential price movements. As the circulating supply decreases, many are hopeful this could lead to a bullish trend for $SHIB.
Stay tuned to see how this burn surge impacts Shiba Inuâs trajectory! đâđĽ
#ShibaInu #SHIB #Crypto #BurnRate #ShibaCommunity
The Shiba Inu community is buzzing as the $SHIB burn rate has surged an incredible 33,818% in the last 24 hours! This massive spike in burn rate is causing quite a stir, leaving many wondering whatâs behind this explosive increase.
đĽ What Does This Mean?
The burn rate refers to the number of SHIB tokens being permanently removed from circulation, effectively reducing the total supply. A higher burn rate can lead to a more scarce supply, which could have a positive impact on price in the long term, depending on demand.
đ Why Did the Burn Rate Spike?
The recent surge is likely a result of coordinated burn events by the Shiba Inu community, including burn initiatives tied to upcoming project launches or key developments within the Shiba Inu ecosystem.
đ Whatâs Next for $SHIB?
With the burn rate increasing, the Shiba Inu community is speculating about potential price movements. As the circulating supply decreases, many are hopeful this could lead to a bullish trend for $SHIB.
Stay tuned to see how this burn surge impacts Shiba Inuâs trajectory! đâđĽ
#ShibaInu #SHIB #Crypto #BurnRate #ShibaCommunity