BurnRateSurge
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Shiba Inu’s weekly burn rate surged 7,400%, with nearly 2 billion SHIB tokens removed from circulation, fueled by executive Kaaldhairya burning 80M tokens.
$SHIB #Shiba #shiba⚡ #BurnRateSurge
$SHIB #Shiba #shiba⚡ #BurnRateSurge
Shiba Inu (SHIB) is making waves again as its burn rate takes a thrilling turn, signaling a potential surge for April. After a slowdown last week, the burn rate spiked dramatically, thanks to the active involvement of the project's main developers. Shibburn data reveals an impressive uptick, with a jaw-dropping 87.76 million $SHIB tokens burned in just 24 hours, marking a staggering 48,554.74% increase in the destruction rate. What's captivating is that this surge stemmed from just two wallets, adding an air of intrigue to the phenomenon. Unlike orchestrated efforts, this surge seems to be driven by organic factors, promising an exciting twist in Shiba Inu's journey. Stay tuned for more updates on this thrilling development! #BurnRateSurge
SHIB Burning Spikes by 65,529%! Here’s How Many Shiba Inu Tokens Went Up in Smoke
In a stunning move by the Shiba Inu community, the SHIB burning rate exploded by an astronomical 65,529% over the last 24 hours! With millions of SHIB tokens transferred to “burn” wallets (making them unspendable), the #SHIBArmy is on a mission to reduce SHIB’s circulating supply and boost its value over time.
A Day of Record-Breaking Burns Data from #SHIBburn, a popular transaction tracker, reveals the eye-popping numbers: 2,652,095 SHIB coins were sacrificed to burn wallets in the past day alone. The community saw six major burn transactions in total, with the largest burn activities happening just 22 and 5 hours ago, each wiping out over 1.5 million SHIB. Intriguingly, both burns were conducted by the same mysterious wallet ending in -521f.
Despite the massive burn wave, SHIB’s price dipped by 3%, leaving some to wonder how long it will take for the price effects to catch up with this ambitious burn initiative.
Tracking the Total Burned: Over 410 Trillion SHIB Gone Forever The #SHIBArmy has burned an astounding 410.7 trillion SHIB tokens to date—nearly half of the original 1 quadrillion supply! This colossal burn is part of the community’s ongoing efforts to build scarcity for the meme coin and drive long-term value.
Shibarium’s Growth Hits New Highs
As the SHIB community continues to burn tokens, Shibarium, Shiba Inu’s layer-2 blockchain solution, has been on a tear as well. According to Shiba Inu’s marketing lead, Lucie, Shibarium saw incredible activity this week, with daily transactions skyrocketing from 1.7 million on October 22 to a record 4.77 million on October 24—a 180% surge in just two days!
Not only are transactions booming, but the number of new accounts on Shibarium is surging, growing from 127,588 on October 21 to 171,199 on October 25. The project is moving into “major development mode,” says Lucie, with the team doubling down on the roadmap for Shibarium’s future.
A Final Word: What’s Next for $SHIB ? The SHIB Army’s dedication to shrinking the token supply—along with the rapid expansion of Shibarium’s ecosystem—demonstrates the strong community and vision behind Shiba Inu. While SHIB’s price may not have responded immediately, these burns and Shibarium’s continued growth are setting the stage for potential future gains.
Stay tuned to see how these developments shape SHIB’s future, and as always, stay informed and stay safe in the crypto space!
#SHIBArmy🔥 #BurnRateSurge #CryptoCommunity #ShibariumRising
$SHIB $BTC
$BNB
A Day of Record-Breaking Burns Data from #SHIBburn, a popular transaction tracker, reveals the eye-popping numbers: 2,652,095 SHIB coins were sacrificed to burn wallets in the past day alone. The community saw six major burn transactions in total, with the largest burn activities happening just 22 and 5 hours ago, each wiping out over 1.5 million SHIB. Intriguingly, both burns were conducted by the same mysterious wallet ending in -521f.
Despite the massive burn wave, SHIB’s price dipped by 3%, leaving some to wonder how long it will take for the price effects to catch up with this ambitious burn initiative.
Tracking the Total Burned: Over 410 Trillion SHIB Gone Forever The #SHIBArmy has burned an astounding 410.7 trillion SHIB tokens to date—nearly half of the original 1 quadrillion supply! This colossal burn is part of the community’s ongoing efforts to build scarcity for the meme coin and drive long-term value.
Shibarium’s Growth Hits New Highs
As the SHIB community continues to burn tokens, Shibarium, Shiba Inu’s layer-2 blockchain solution, has been on a tear as well. According to Shiba Inu’s marketing lead, Lucie, Shibarium saw incredible activity this week, with daily transactions skyrocketing from 1.7 million on October 22 to a record 4.77 million on October 24—a 180% surge in just two days!
Not only are transactions booming, but the number of new accounts on Shibarium is surging, growing from 127,588 on October 21 to 171,199 on October 25. The project is moving into “major development mode,” says Lucie, with the team doubling down on the roadmap for Shibarium’s future.
A Final Word: What’s Next for $SHIB ? The SHIB Army’s dedication to shrinking the token supply—along with the rapid expansion of Shibarium’s ecosystem—demonstrates the strong community and vision behind Shiba Inu. While SHIB’s price may not have responded immediately, these burns and Shibarium’s continued growth are setting the stage for potential future gains.
Stay tuned to see how these developments shape SHIB’s future, and as always, stay informed and stay safe in the crypto space!
#SHIBArmy🔥 #BurnRateSurge #CryptoCommunity #ShibariumRising
$SHIB $BTC
$BNB
🚀 $SHIB Burn Rate Skyrockets 3,700% – Could SHIB Reach $2? 🚀
Shiba Inu ($SHIB ) is making waves with a staggering 3,700% surge in its burn rate, sending investors into a frenzy. With 53.31 million tokens burned in just 24 hours, SHIB is heating up and could be eyeing new heights. Currently priced at $0.000019, traders are wondering: Could $SHIB hit $2? 🤯
Why the Surge?
Massive Burn Rate: Over 53 million SHIB tokens burned in a single day, reducing supply and fueling bullish sentiment. This deflationary pressure could unlock SHIB’s hidden potential.
Pro-Crypto Momentum: Lead developer Shytoshi Kusama has introduced a bold S.H.I.B. proposal to transform the U.S. into a "crypto valley" with a budget ranging from $1.3 to $2.35 billion. The community is buzzing, and the stakes are high!
SHIB Price Surge: SHIB is up nearly 7% in a single day with a massive spike in trading volume (+200%) and futures open interest up 25%. With derivatives volume jumping by 137%, the momentum is building fast.
🔥 Could SHIB be setting the stage for a major price rally? With positive market sentiment and pro-crypto developments, it’s a thrilling time for SHIB investors.
🚀 Keep an eye on SHIB – this could be the breakout you’ve been waiting for!
#Binance #SHIB #CryptoRally #BurnRateSurge #ShibaInu #Crypto2024 #PennyCrypto #ShytoshiKusama #NovemberMarketAnalysis
Shiba Inu ($SHIB ) is making waves with a staggering 3,700% surge in its burn rate, sending investors into a frenzy. With 53.31 million tokens burned in just 24 hours, SHIB is heating up and could be eyeing new heights. Currently priced at $0.000019, traders are wondering: Could $SHIB hit $2? 🤯
Why the Surge?
Massive Burn Rate: Over 53 million SHIB tokens burned in a single day, reducing supply and fueling bullish sentiment. This deflationary pressure could unlock SHIB’s hidden potential.
Pro-Crypto Momentum: Lead developer Shytoshi Kusama has introduced a bold S.H.I.B. proposal to transform the U.S. into a "crypto valley" with a budget ranging from $1.3 to $2.35 billion. The community is buzzing, and the stakes are high!
SHIB Price Surge: SHIB is up nearly 7% in a single day with a massive spike in trading volume (+200%) and futures open interest up 25%. With derivatives volume jumping by 137%, the momentum is building fast.
🔥 Could SHIB be setting the stage for a major price rally? With positive market sentiment and pro-crypto developments, it’s a thrilling time for SHIB investors.
🚀 Keep an eye on SHIB – this could be the breakout you’ve been waiting for!
#Binance #SHIB #CryptoRally #BurnRateSurge #ShibaInu #Crypto2024 #PennyCrypto #ShytoshiKusama #NovemberMarketAnalysis