ShibaBurns
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🪙Shytoshi Kusama Ignites SHIB Army With 'Accurate' Crypto Message 🪙
Kusama retweeted a post from a crypto enthusiast, which shows a man paddling on a canoe in calm waters (labeled as “Day 1 in crypto”) and a man paddling his canoe through a tumultuous river somewhere in the mountains, labeled as “3 years in crypto.” Kusama added his own comment to that tweet, saying: “Accurate.”#shiba⚡ #ShibaBurns #BURNGMT #XRPTrends #ThanksgivingCelebration $SHIB
Kusama retweeted a post from a crypto enthusiast, which shows a man paddling on a canoe in calm waters (labeled as “Day 1 in crypto”) and a man paddling his canoe through a tumultuous river somewhere in the mountains, labeled as “3 years in crypto.” Kusama added his own comment to that tweet, saying: “Accurate.”#shiba⚡ #ShibaBurns #BURNGMT #XRPTrends #ThanksgivingCelebration $SHIB
BUY IT FAST AND Hold it📈📈
$PEPE
$SHIB
#pepe⚡ #shiba⚡ #ShibaBurns #PepeCoinToTheMoon #MajorAirdropWatch
$PEPE
$SHIB
#pepe⚡ #shiba⚡ #ShibaBurns #PepeCoinToTheMoon #MajorAirdropWatch
#SHIBARMY DO SOMETHING :)
Need to close bullish candle above break out level for next huge move of 20-30% 🚀🚀🚀
#ShibaPrediction #ShibaPriceAnalysys #ShibaBurns
Need to close bullish candle above break out level for next huge move of 20-30% 🚀🚀🚀
#ShibaPrediction #ShibaPriceAnalysys #ShibaBurns
Shiba Inu Break to $0.001? Reported 9.25 Trillion SHIB Token Burn Could Catalyze
When a recent rumor is taken into consideration, it is possible that the price of Shiba Inu (SHIB) is about to experience a large increase. The meme coin, which has been seeing a precipitous decline as of late, will receive the much-needed relief that this will bring.
Is There Going to Be a Shiba Inu Burn That Will Rewrite Records?
Ragnar, a member of the Shiba Inu team, highlighted the possibility that the 9.25 trillion SHIB tokens could be burned down this month in a post that has since been removed from X (which was once known as Twitter). Despite the fact that it is not clear why Ragnar removed the message, it is possible that he did so in order to avoid causing any confusion or misunderstanding.
Lucie, who works in marketing for Shiba Inu, has said in the past that the chief developer, Shytoshi Kusama, was hesitant to provide a timeframe for these burns.
It is also possible that Ragnar erased the message as a result of an error on his behalf, which is especially plausible when one considers the enormous amount of 9.25 trillion SHIB. Despite the fact that the maximum number of SHIB tokens that have been burned in a single month is still in the billions, this continues to remain the case.
To put this into perspective, with the exception of Vitalik Buterin, the founder of Ethereum, a trillion Shiba Inu tokens have never been burned in a single year. As a result, it is highly improbable that the member of the team was referring to the occurrence of this incident this month. If Ragnar was talking to the amount of the meme coin that could be burned this year, then such a figure appears to be even more plausible than it already is.
If this is the case, it has the potential to have a significant effect on the price of SHIB. When SHIB tokens of such magnitude are burned, the meme coin is known to create a rise. This is not even to mention the potential outcomes that could occur if such a record is achieved.
It is highly possible that Shibarium will be responsible for the burning of 92.5 trillion SHIB tokens if this year's burning objectives are met. With regard to the Shiba Inu fires that have been carried out in recent times, the layer-2 network has been the most significant contribution. It is interesting to note that Shibarium was solely responsible for contributing to nearly half of all the SHIB tokens that were destroyed in the year 2023.
During the course of the previous year, just more than 76 billion SHIB tokens were destroyed, with the layer-2 network being responsible for roughly 34 billion SHIB of those destructions. Shibarium, on the other hand, has not gotten off to a particularly good start this year, as the number of daily transactions has decreased from the highs it reached in December of the previous year. The Shibarium Explorer has provided information that indicates that the number of daily transactions that take place on the network is presently around 4 million.
According to the data provided by the Shiba Burn Tracker, the 9.25 trillion SHIB tokens that are being burned are still a long way from being a reality. This month, little over 64 million SHIB tokens have been burned.
According to information provided by CoinMarketCap, the value of Shiba Inu is currently trading at approximately $0.000008907, representing a decrease of more than 5% in the preceding twenty-four hours.
#ShibaBurns #Shibarium #crypto2024 $SHIB
Is There Going to Be a Shiba Inu Burn That Will Rewrite Records?
Ragnar, a member of the Shiba Inu team, highlighted the possibility that the 9.25 trillion SHIB tokens could be burned down this month in a post that has since been removed from X (which was once known as Twitter). Despite the fact that it is not clear why Ragnar removed the message, it is possible that he did so in order to avoid causing any confusion or misunderstanding.
Lucie, who works in marketing for Shiba Inu, has said in the past that the chief developer, Shytoshi Kusama, was hesitant to provide a timeframe for these burns.
It is also possible that Ragnar erased the message as a result of an error on his behalf, which is especially plausible when one considers the enormous amount of 9.25 trillion SHIB. Despite the fact that the maximum number of SHIB tokens that have been burned in a single month is still in the billions, this continues to remain the case.
To put this into perspective, with the exception of Vitalik Buterin, the founder of Ethereum, a trillion Shiba Inu tokens have never been burned in a single year. As a result, it is highly improbable that the member of the team was referring to the occurrence of this incident this month. If Ragnar was talking to the amount of the meme coin that could be burned this year, then such a figure appears to be even more plausible than it already is.
If this is the case, it has the potential to have a significant effect on the price of SHIB. When SHIB tokens of such magnitude are burned, the meme coin is known to create a rise. This is not even to mention the potential outcomes that could occur if such a record is achieved.
It is highly possible that Shibarium will be responsible for the burning of 92.5 trillion SHIB tokens if this year's burning objectives are met. With regard to the Shiba Inu fires that have been carried out in recent times, the layer-2 network has been the most significant contribution. It is interesting to note that Shibarium was solely responsible for contributing to nearly half of all the SHIB tokens that were destroyed in the year 2023.
During the course of the previous year, just more than 76 billion SHIB tokens were destroyed, with the layer-2 network being responsible for roughly 34 billion SHIB of those destructions. Shibarium, on the other hand, has not gotten off to a particularly good start this year, as the number of daily transactions has decreased from the highs it reached in December of the previous year. The Shibarium Explorer has provided information that indicates that the number of daily transactions that take place on the network is presently around 4 million.
According to the data provided by the Shiba Burn Tracker, the 9.25 trillion SHIB tokens that are being burned are still a long way from being a reality. This month, little over 64 million SHIB tokens have been burned.
According to information provided by CoinMarketCap, the value of Shiba Inu is currently trading at approximately $0.000008907, representing a decrease of more than 5% in the preceding twenty-four hours.
#ShibaBurns #Shibarium #crypto2024 $SHIB
LIVE
Crypto Web3 Today
--
Bullish
Shiba Inu (SHIB) Loses Momentum, But Revival Is Imminent, Here's How.
Shiba Inu (SHIB) is losing momentum in no small way as the broader crypto market gives up its gains in a rapid manner. The second-largest meme coin has dropped by 2.77% in the past 24 hours with price trading on spot exchanges at $0.000009823. With trading volume dropping by more than 17% to $196,265,702, the token has proven at the mercy of its bears in the short term.
The latest erratic bull-bear action has forced Shiba Inu to give up some of its gains, with the token losing another zero.
Over the past month, Shiba Inu has added and lost new figures, but it has ultimately failed to turn the $0.00001 price level into an actual support zone. The market sentiment surrounding Shiba Inu is very bearish, but a metric remains promising to show that an imminent uptrend cannot be ruled out in the long term.
On-chain data shows that despite the latest bouts of sell-offs, Shiba Inu is still in "Greed" on the Fear and Greed Index. This implies that Shiba Inu bulls still have the hidden desire to go all out on the token, and given the right conditions, they may resume accumulating the coin.
Shiba Inu metrics at tipping points.
While the drop in the price of Shiba Inu is a function of the sentiment in the wider market outlook, its key on-chain metrics are also at a tipping. The Shibarium transaction count has slumped to its lowest level in months, with only 1.33 million transactions recorded in the past 24 hours.
The burn rate is also down by 95%
overnight, with just a tiny 820,007 SHIB
burned thus far. These same metrics could
flip at any time in response to the
underlying market greed, and they may play a crucial role in returning SHIB to its
winning ways as they have always done.
Shiba Inu (SHIB) is losing momentum in no small way as the broader crypto market gives up its gains in a rapid manner. The second-largest meme coin has dropped by 2.77% in the past 24 hours with price trading on spot exchanges at $0.000009823. With trading volume dropping by more than 17% to $196,265,702, the token has proven at the mercy of its bears in the short term.
The latest erratic bull-bear action has forced Shiba Inu to give up some of its gains, with the token losing another zero.
Over the past month, Shiba Inu has added and lost new figures, but it has ultimately failed to turn the $0.00001 price level into an actual support zone. The market sentiment surrounding Shiba Inu is very bearish, but a metric remains promising to show that an imminent uptrend cannot be ruled out in the long term.
On-chain data shows that despite the latest bouts of sell-offs, Shiba Inu is still in "Greed" on the Fear and Greed Index. This implies that Shiba Inu bulls still have the hidden desire to go all out on the token, and given the right conditions, they may resume accumulating the coin.
Shiba Inu metrics at tipping points.
While the drop in the price of Shiba Inu is a function of the sentiment in the wider market outlook, its key on-chain metrics are also at a tipping. The Shibarium transaction count has slumped to its lowest level in months, with only 1.33 million transactions recorded in the past 24 hours.
The burn rate is also down by 95%
overnight, with just a tiny 820,007 SHIB
burned thus far. These same metrics could
flip at any time in response to the
underlying market greed, and they may play a crucial role in returning SHIB to its
winning ways as they have always done.
Here Are Returns on 10M, 100M, 300M, and 500M Shiba Inu Holdings if SHIB Hits $0.0009 or $0.009
Advocates of Shiba Inu (SHIB) persist in anticipating a significant surge in the asset’s price, setting ambitious targets at levels such as $0.0009 and $0.009.
Achieving the $0.0009 target would value 10 million SHIB tokens at $9,000. Currently valued at $94.57, these tokens offer a potential return of up to $8,905.43
However, investors with 100 million SHIB tokens could see a more remarkable increase in the value of their holdings if the price reaches $0.0009. This would elevate their holdings to $90,000.
With 100 million SHIB currently valued at $945.7, the $0.0009 price target presents a potential return of $89,054.3.
Similarly, an investor currently holding 300 million Shiba Inu tokens stands to witness the value of their portfolio rise to $270,000. Essentially, the present market value of $2,837.1 results in an ROI of $267,162.9.
. If Shiba Inu reaches $0.0009, the value of these tokens would amount to a staggering $450,000, significantly exceeding their current value of $4,728.5. This implies potential returns of $445,271.5.
Furthermore, if SHIB reaches $0.009, 10 million tokens would be worth $90,000. With the current acquisition cost of $94.57, investors have an opportunity for a significant return of $89,905.
Meanwhile, for investors holding 100 million tokens, their holdings could reach $900,000. This marks a consequential increase from the current value of $945.7, implying an ROI of $899,054.
Similarly, 300 million Shiba Inu tokens for $0.009 would be valued at $2,700,000, significantly surpassing the current value of $2,837.1.
In parallel, a 500 million Shiba Inu portfolio today would be worth $4,500,000 when the asset is worth $0.009. Remarkably, this astounding figure represents an extraordinary profit of $4,495,271 from the initial modest investment of $4,728.5.
#ShibaPriceAnalysys #ShibaPricePrediction #ShibaInvestment #ShibaBurns #CryptoScoop
Advocates of Shiba Inu (SHIB) persist in anticipating a significant surge in the asset’s price, setting ambitious targets at levels such as $0.0009 and $0.009.
Achieving the $0.0009 target would value 10 million SHIB tokens at $9,000. Currently valued at $94.57, these tokens offer a potential return of up to $8,905.43
However, investors with 100 million SHIB tokens could see a more remarkable increase in the value of their holdings if the price reaches $0.0009. This would elevate their holdings to $90,000.
With 100 million SHIB currently valued at $945.7, the $0.0009 price target presents a potential return of $89,054.3.
Similarly, an investor currently holding 300 million Shiba Inu tokens stands to witness the value of their portfolio rise to $270,000. Essentially, the present market value of $2,837.1 results in an ROI of $267,162.9.
. If Shiba Inu reaches $0.0009, the value of these tokens would amount to a staggering $450,000, significantly exceeding their current value of $4,728.5. This implies potential returns of $445,271.5.
Furthermore, if SHIB reaches $0.009, 10 million tokens would be worth $90,000. With the current acquisition cost of $94.57, investors have an opportunity for a significant return of $89,905.
Meanwhile, for investors holding 100 million tokens, their holdings could reach $900,000. This marks a consequential increase from the current value of $945.7, implying an ROI of $899,054.
Similarly, 300 million Shiba Inu tokens for $0.009 would be valued at $2,700,000, significantly surpassing the current value of $2,837.1.
In parallel, a 500 million Shiba Inu portfolio today would be worth $4,500,000 when the asset is worth $0.009. Remarkably, this astounding figure represents an extraordinary profit of $4,495,271 from the initial modest investment of $4,728.5.
#ShibaPriceAnalysys #ShibaPricePrediction #ShibaInvestment #ShibaBurns #CryptoScoop
Here is When Shiba Inu Could Reach
$0.00017, $0.00024 and $0.00038
Analysis Overview: Why Is Shiba Inu Gaining Traction?
Shiba Inu enthusiasts are eagerly eyeing key price milestones, and Changelly, the crypto exchange platform, has provided insights into when these targets might be achieved.
Current Position and Sentiment Analysis:
Shiba Inu (SHIB) is currently trading at $0.00001052, maintaining positions above its 50-day EMA ($0.00000943) and 200-day EMA ($0.00000821).Sentiment analysis reveals a bullish trend with a significant 71% in favor, attributing this positivity to SHIB's impressive performance over the past month, marking gains in 21 out of 30 days.
Year-End Projection:
Changelly's research team anticipates SHIB to close the year at $0.0000111 on December 31, projecting a 5.6% increase. Overcoming resistance at $0.00001106 is crucial for
achieving this target.
Future Milestones:
January 28, 2024: $0.00001151The team predicts continued growth, foreseeing SHIB reaching $0.00001151.2025: Entering the $0.00002 Territory
Changelly forecasts an average price of $0.00002299 for 2025, suggesting sustained upward momentum.
2029: Removing a Zero at $0.0001029The team envisions SHIB deleting a zero in 2029, with an average price of $0.0001029.
2030: Achieving
$0.00017Changelly predicts SHIB hitting $0.00017 a year later, in 2030.2031: $0.00024
- The Maximum Price
The team sees $0.00024 as the peak for Shiba Inu in 2031, projecting a 2,181% price appreciation.
Cautionary Note:
2032: Crossing Psychological
Thresholds Changelly expects SHIB to surpass $0.0003 in 2032, setting the stage for a remarkable rally to $0.00038.
📝 Cautionary Note
While these projections are optimistic, the unpredictable nature of the crypto market mandates caution. Investors should navigate with prudence.
#ShibaInuSurge #ShibaInuInWeb3 #ShibaBurns #shiba #shibanews
$0.00017, $0.00024 and $0.00038
Analysis Overview: Why Is Shiba Inu Gaining Traction?
Shiba Inu enthusiasts are eagerly eyeing key price milestones, and Changelly, the crypto exchange platform, has provided insights into when these targets might be achieved.
Current Position and Sentiment Analysis:
Shiba Inu (SHIB) is currently trading at $0.00001052, maintaining positions above its 50-day EMA ($0.00000943) and 200-day EMA ($0.00000821).Sentiment analysis reveals a bullish trend with a significant 71% in favor, attributing this positivity to SHIB's impressive performance over the past month, marking gains in 21 out of 30 days.
Year-End Projection:
Changelly's research team anticipates SHIB to close the year at $0.0000111 on December 31, projecting a 5.6% increase. Overcoming resistance at $0.00001106 is crucial for
achieving this target.
Future Milestones:
January 28, 2024: $0.00001151The team predicts continued growth, foreseeing SHIB reaching $0.00001151.2025: Entering the $0.00002 Territory
Changelly forecasts an average price of $0.00002299 for 2025, suggesting sustained upward momentum.
2029: Removing a Zero at $0.0001029The team envisions SHIB deleting a zero in 2029, with an average price of $0.0001029.
2030: Achieving
$0.00017Changelly predicts SHIB hitting $0.00017 a year later, in 2030.2031: $0.00024
- The Maximum Price
The team sees $0.00024 as the peak for Shiba Inu in 2031, projecting a 2,181% price appreciation.
Cautionary Note:
2032: Crossing Psychological
Thresholds Changelly expects SHIB to surpass $0.0003 in 2032, setting the stage for a remarkable rally to $0.00038.
📝 Cautionary Note
While these projections are optimistic, the unpredictable nature of the crypto market mandates caution. Investors should navigate with prudence.
#ShibaInuSurge #ShibaInuInWeb3 #ShibaBurns #shiba #shibanews
$18,000 in SHIB Turns $43.7 Million in December 2023
There’s magic in numbers and numbers are magical in the world of cryptocurrencies. A mere investment of $100 can turn into $1 million and an investment of $1 million can also turn into $100. That’s the specialty of the cryptocurrency markets as it can turn an investor into a millionaire and pauper all at the same time. No one shoe fits all type of success and only a few lucky ones made it. In the center of the development, Shiba Inu stands out as the only token to have made small investors become millionaires in a short period.
If you religiously invested $500 into Shiba Inu every month from December 2020 till today, you could have earned $43 million by now. Yes, that’s right, a steady investment of $500 from December 2020 to today, constitutes 36 months. That’s a total investment of $18,000 in the last 36 months in SHIB through all its ups and downs.
Coming to the point, the same $500 investment, a cumulative $18,000, could have turned $43.7 million today in December 2023. Data highlights that the $18,000 investment over three years might have fetched holders $43.7 million today. That’s a life-changing generational wealth delivered by SHIB in three years.
Coming to the point, the same $500 investment, a cumulative $18,000, could have turned $43.7 million today in December 2023. Data highlights that the $18,000 investment over three years might have fetched holders $43.7 million today.
SHIB spiked 45,000,000% (45 million percent) between August 2020 to October 2021. It also shot up 1,000% the same month when it reached its all-time high of $0.00008616 in October 2021. Shiba Inu deleted six ‘zeroes’ in 10 months between January 2021 to October the same year.
Therefore, riding on the impeccable price rise, a simple $500 investment could have made early holders millionaires. Even the stock market, Bitcoin, or Ethereum did not deliver life-changing gains to investors in the last three years.
#ShibaInuSurge #ShibaPriceAnalysys #ShibaBurns #shibaburn #CryptoScoop
There’s magic in numbers and numbers are magical in the world of cryptocurrencies. A mere investment of $100 can turn into $1 million and an investment of $1 million can also turn into $100. That’s the specialty of the cryptocurrency markets as it can turn an investor into a millionaire and pauper all at the same time. No one shoe fits all type of success and only a few lucky ones made it. In the center of the development, Shiba Inu stands out as the only token to have made small investors become millionaires in a short period.
If you religiously invested $500 into Shiba Inu every month from December 2020 till today, you could have earned $43 million by now. Yes, that’s right, a steady investment of $500 from December 2020 to today, constitutes 36 months. That’s a total investment of $18,000 in the last 36 months in SHIB through all its ups and downs.
Coming to the point, the same $500 investment, a cumulative $18,000, could have turned $43.7 million today in December 2023. Data highlights that the $18,000 investment over three years might have fetched holders $43.7 million today. That’s a life-changing generational wealth delivered by SHIB in three years.
Coming to the point, the same $500 investment, a cumulative $18,000, could have turned $43.7 million today in December 2023. Data highlights that the $18,000 investment over three years might have fetched holders $43.7 million today.
SHIB spiked 45,000,000% (45 million percent) between August 2020 to October 2021. It also shot up 1,000% the same month when it reached its all-time high of $0.00008616 in October 2021. Shiba Inu deleted six ‘zeroes’ in 10 months between January 2021 to October the same year.
Therefore, riding on the impeccable price rise, a simple $500 investment could have made early holders millionaires. Even the stock market, Bitcoin, or Ethereum did not deliver life-changing gains to investors in the last three years.
#ShibaInuSurge #ShibaPriceAnalysys #ShibaBurns #shibaburn #CryptoScoop
See original
Shiba Inu forecast possible 400% growth due to zero decline
The Shiba Inu (SHIB) cryptocurrency has once again attracted interest from the crypto community as market data suggests a potential 400% increase in its value. Note that SHIB is currently trading at $0.000009376, showing red on both the daily and weekly charts.
However, talk about the possible growth of the meme token to the one cent mark does not stop.
The essence of the “zero drop” phenomenon The term “zero drop” or “eating zero” is a familiar concept for supporters of the SHIB cryptocurrency. This phenomenon occurs when the value of a meme coin drops by a decimal while simultaneously increasing in overall value. This trend has gained prominence during its surge in 2021.
Shiba Inu Price Forecast Finders analysts are trying to get a picture of Shiba Inu's growth trajectory. By their calculation, SHIB could witness a significant growth of 400% over the next 30 months from its current value of $0.000009962. The price maximum of $0.00004930 may be reached in 2025.
#SHIB💥 #SHIBUSD #SHIB/USDT #Shiba.Inu-SHIB #ShibaBurns
$SHIB
The Shiba Inu (SHIB) cryptocurrency has once again attracted interest from the crypto community as market data suggests a potential 400% increase in its value. Note that SHIB is currently trading at $0.000009376, showing red on both the daily and weekly charts.
However, talk about the possible growth of the meme token to the one cent mark does not stop.
The essence of the “zero drop” phenomenon The term “zero drop” or “eating zero” is a familiar concept for supporters of the SHIB cryptocurrency. This phenomenon occurs when the value of a meme coin drops by a decimal while simultaneously increasing in overall value. This trend has gained prominence during its surge in 2021.
Shiba Inu Price Forecast Finders analysts are trying to get a picture of Shiba Inu's growth trajectory. By their calculation, SHIB could witness a significant growth of 400% over the next 30 months from its current value of $0.000009962. The price maximum of $0.00004930 may be reached in 2025.
#SHIB💥 #SHIBUSD #SHIB/USDT #Shiba.Inu-SHIB #ShibaBurns
$SHIB
🔥 SHIB Burn Rate Skyrockets 310%, Yet Price Faces Downward Spiral! Can a Rally be Sparked? 🚀💰
Despite a staggering 310% surge in SHIB's burn rate within the last 24 hours, the price of Shiba Inu experiences a surprising downturn, reflecting the broader weakness in the cryptocurrency market. Let's delve into the details of this unexpected trend.
1. The Market Landscape: Bitcoin and Altcoins in a Downturn
Wednesday morning opens with a weak performance across the cryptocurrency market. Bitcoin faces a 1.4% dip, and Ethereum is down by 2.36%, setting a cautious tone for investors. Shiba Inu, the meme coin, follows suit with a 2.5% slide despite recent developments.
2. SHIB Burn Surge: Shibarium's Impact on Token Burning
Shiba Inu's burn rate witnesses an extraordinary 310% spike, with over 12.46 million SHIB tokens burned in the last 24 hours. This surge is attributed to growing interest in Shibarium, the layer-2 blockchain launched by Shiba Inu last year. Notably, one transaction alone contributed to burning 12.43 million SHIB tokens.
💡 Shibarium Growth and SHIB Burn Statistics:
Total SHIB tokens burned to date exceed 410.69 trillion.Last week saw a remarkable 321% jump in burn rate, reflecting the heightened activity in token burning.Coin burning aims to decrease the token's supply, potentially boosting its value.
3. Failed Rally: Price Dips Despite Massive Token Burn
Despite the substantial burn rate, the Shiba Inu price stands at $0.00001063, marking a 2.6% decline in the last 24 hours. This challenges the common belief that token burning typically leads to increased value. SHIB ranks as the 17th largest cryptocurrency, with a market capitalization of $6.26 billion.
🚨 Stay Informed, Stay Cautious! Will SHIB Overcome the Dip?
Follow The Blockopedia for Real-time Updates! 🌐📰
#ShibaBurns #ShibaPriceAnalysys #ShibaInuSurge #cryptocurrency #crypto2024
Despite a staggering 310% surge in SHIB's burn rate within the last 24 hours, the price of Shiba Inu experiences a surprising downturn, reflecting the broader weakness in the cryptocurrency market. Let's delve into the details of this unexpected trend.
1. The Market Landscape: Bitcoin and Altcoins in a Downturn
Wednesday morning opens with a weak performance across the cryptocurrency market. Bitcoin faces a 1.4% dip, and Ethereum is down by 2.36%, setting a cautious tone for investors. Shiba Inu, the meme coin, follows suit with a 2.5% slide despite recent developments.
2. SHIB Burn Surge: Shibarium's Impact on Token Burning
Shiba Inu's burn rate witnesses an extraordinary 310% spike, with over 12.46 million SHIB tokens burned in the last 24 hours. This surge is attributed to growing interest in Shibarium, the layer-2 blockchain launched by Shiba Inu last year. Notably, one transaction alone contributed to burning 12.43 million SHIB tokens.
💡 Shibarium Growth and SHIB Burn Statistics:
Total SHIB tokens burned to date exceed 410.69 trillion.Last week saw a remarkable 321% jump in burn rate, reflecting the heightened activity in token burning.Coin burning aims to decrease the token's supply, potentially boosting its value.
3. Failed Rally: Price Dips Despite Massive Token Burn
Despite the substantial burn rate, the Shiba Inu price stands at $0.00001063, marking a 2.6% decline in the last 24 hours. This challenges the common belief that token burning typically leads to increased value. SHIB ranks as the 17th largest cryptocurrency, with a market capitalization of $6.26 billion.
🚨 Stay Informed, Stay Cautious! Will SHIB Overcome the Dip?
Follow The Blockopedia for Real-time Updates! 🌐📰
#ShibaBurns #ShibaPriceAnalysys #ShibaInuSurge #cryptocurrency #crypto2024
🚨 Attention Shiba Inu (SHIB) Community! Beware of Deceptive Token Scams! 🚨
🔍 The Shiba Inu community is facing a critical situation with a surge in false claims and deceptive tokens infiltrating the ecosystem. 🚷 Official sources, including Davinci and RagnarShib from the Shiba Inu Discord channel, have issued urgent warnings against these scams.
🚫 Unauthorized Tokens: "TREAT" and "SHI" - A Clear Warning from Shiba Inu Team!
The Shiba Inu team explicitly states that unauthorized tokens named "TREAT" and "SHI" have not been officially launched. Attempting to purchase these tokens is a scam and poses a significant risk.
🛑 Buying these fake tokens will not grant access to Shiba Inu ecosystem projects like SHIB The Metaverse, Shiba Eternity, or ShibaHub, nor connect users to official decentralized applications (dApps) like Shib.io.
💡 Key Warnings from Lucie, Shiba Inu Team Member: Stay Vigilant!
Lucie, a member of the Shiba Inu team, reiterates the warnings, emphasizing that the real TREAT token has not been released. The community is urged to stay vigilant against impersonators and scammers who may create fake accounts, spread false information, redirect users to fraudulent websites, or attempt to steal personal information.
🌐 Positive Milestone: Shibarium's Remarkable Achievement!
Amidst these cautionary messages, there's a glimmer of hope. Shibarium, the Layer 2 scaling solution for Shiba Inu, has surpassed 250 million total transactions within a year of its launch. 🎉 This milestone reflects the growing adoption and potential of this innovative technology.$
🛡️ Stay Informed, Stay Safe: Defend the Shiba Inu Community!
👁️ For real-time updates and genuine information, follow The Blockopedia!
#ShibaInuSurge #ShibaPriceAnalysys #ShibaBurns #cryptocurrency #crypto2024SpaceCatch $SHIB
🔍 The Shiba Inu community is facing a critical situation with a surge in false claims and deceptive tokens infiltrating the ecosystem. 🚷 Official sources, including Davinci and RagnarShib from the Shiba Inu Discord channel, have issued urgent warnings against these scams.
🚫 Unauthorized Tokens: "TREAT" and "SHI" - A Clear Warning from Shiba Inu Team!
The Shiba Inu team explicitly states that unauthorized tokens named "TREAT" and "SHI" have not been officially launched. Attempting to purchase these tokens is a scam and poses a significant risk.
🛑 Buying these fake tokens will not grant access to Shiba Inu ecosystem projects like SHIB The Metaverse, Shiba Eternity, or ShibaHub, nor connect users to official decentralized applications (dApps) like Shib.io.
💡 Key Warnings from Lucie, Shiba Inu Team Member: Stay Vigilant!
Lucie, a member of the Shiba Inu team, reiterates the warnings, emphasizing that the real TREAT token has not been released. The community is urged to stay vigilant against impersonators and scammers who may create fake accounts, spread false information, redirect users to fraudulent websites, or attempt to steal personal information.
🌐 Positive Milestone: Shibarium's Remarkable Achievement!
Amidst these cautionary messages, there's a glimmer of hope. Shibarium, the Layer 2 scaling solution for Shiba Inu, has surpassed 250 million total transactions within a year of its launch. 🎉 This milestone reflects the growing adoption and potential of this innovative technology.$
🛡️ Stay Informed, Stay Safe: Defend the Shiba Inu Community!
👁️ For real-time updates and genuine information, follow The Blockopedia!
#ShibaInuSurge #ShibaPriceAnalysys #ShibaBurns #cryptocurrency #crypto2024SpaceCatch $SHIB
#shib Massive 76 Billion Shiba Inu (SHIB) Burned in 2023: Details
Shiba Inu’s burning mechanism saw a record spike in December when around 36 billion assets were destroyed.
MASSIVE 76 BILLION SHIBA INU (SHIB) BURNED IN 2023: DETAILS
Massive 76 Billion Shiba Inu (SHIB) Burned in 2023: Details
Author: Dimitar Dzhondzhorov
Last Updated Jan 2, 2024 @ 12:45
Shiba Inu’s burning mechanism saw a record spike in December when around 36 billion assets were destroyed.
TL;DR
Shiba Inu Token Burns in 2023: Shiba Inu burned over 76 billion tokens in 2023, a decrease from the previous year, with December seeing the highest burn rate.
Shibarium’s Development: Shiba Inu’s Shibarium, a layer-2 blockchain solution, has shown significant progress, recording a high number of transactions and blocks.
Shiba Inu’s Recent Price Trends: The asset’s value has shown an uptrend, with a significant increase in the past month.
Shiba Inu’s Burn Rate Last Year
The popular memecoin project – Shiba Inu – witnessed over 76 billion tokens burned throughout 2023 (equaling more than $820,000 at current prices), representing an 8.33% decrease compared to 2022. The record month was December, when approximately 35 billion assets were destroyed.
Despite sounding quite substantial, the figure represents a tiny chunk of Shiba Inu’s tremendous circulating supply of nearly 590 trillion. The mechanism aims to reduce that supply, making SHIB more scarce and potentially valuable in time.
The asset’s price has been on an uptrend lately, spiking by 5% in the past 24 hours and around 30% on a monthly basis (per CoinGecko’s data).
#ShibaBurns #ShibaInvestment #btc
Shiba Inu’s burning mechanism saw a record spike in December when around 36 billion assets were destroyed.
MASSIVE 76 BILLION SHIBA INU (SHIB) BURNED IN 2023: DETAILS
Massive 76 Billion Shiba Inu (SHIB) Burned in 2023: Details
Author: Dimitar Dzhondzhorov
Last Updated Jan 2, 2024 @ 12:45
Shiba Inu’s burning mechanism saw a record spike in December when around 36 billion assets were destroyed.
TL;DR
Shiba Inu Token Burns in 2023: Shiba Inu burned over 76 billion tokens in 2023, a decrease from the previous year, with December seeing the highest burn rate.
Shibarium’s Development: Shiba Inu’s Shibarium, a layer-2 blockchain solution, has shown significant progress, recording a high number of transactions and blocks.
Shiba Inu’s Recent Price Trends: The asset’s value has shown an uptrend, with a significant increase in the past month.
Shiba Inu’s Burn Rate Last Year
The popular memecoin project – Shiba Inu – witnessed over 76 billion tokens burned throughout 2023 (equaling more than $820,000 at current prices), representing an 8.33% decrease compared to 2022. The record month was December, when approximately 35 billion assets were destroyed.
Despite sounding quite substantial, the figure represents a tiny chunk of Shiba Inu’s tremendous circulating supply of nearly 590 trillion. The mechanism aims to reduce that supply, making SHIB more scarce and potentially valuable in time.
The asset’s price has been on an uptrend lately, spiking by 5% in the past 24 hours and around 30% on a monthly basis (per CoinGecko’s data).
#ShibaBurns #ShibaInvestment #btc
"SHIB Alert: Shiba Inu's Shibarium-Powered Burns Set to Become Automated This Month"
According to a December 2023 blog post, the Shiba Inu ecosystem team says Shibarium burns will transition to an automated system by January 2024.
Read more on: https://thecryptobasic.com/2024/01/03/shiba-inu-team-says-shibarium-powered-burns-will-transition-to-an-automated-system-this-month/
#SHIB💥 #ShibaBurns #shibanews #CryptoPredictions2024 #CryptonewswithJack
Read more on: https://thecryptobasic.com/2024/01/03/shiba-inu-team-says-shibarium-powered-burns-will-transition-to-an-automated-system-this-month/
#SHIB💥 #ShibaBurns #shibanews #CryptoPredictions2024 #CryptonewswithJack
I traded $BTC at $39,200 for $40,280 and it was a great win!
Just buy $BTC & HoDL
I’ll also recommend $SHIB 💯
#BTC #ShibaBurns #BullishMove #CloneshyCrypto #BullishSign
Just buy $BTC & HoDL
I’ll also recommend $SHIB 💯
#BTC #ShibaBurns #BullishMove #CloneshyCrypto #BullishSign
💰Can Shiba Inu (SHIB) Make More Millionaires in 2024? 🚀
The tale of Shiba Inu's (SHIB) volatility creating millionaires in its early days has become legendary. As we step into 2024, the question on everyone's mind is whether history will repeat itself and pave the way for a new wave of SHIB millionaires.
📈 Shiba Inu's Historical Surge: From Memecoin to Millionaire-Maker!
Launched in 2020, Shiba Inu quickly captured the hearts of crypto enthusiasts, offering substantial returns to its early backers. The parabolic run catapulted SHIB to an All-Time High (ATH) of $0.00008845 in October 2021, making millionaires out of savvy investors. Despite an 88% drop in value, the sentiment surrounding SHIB's potential remains high.
🚀 SHIB's Current Standing: A Closer Look
As of now, Shiba Inu holds a price of $0.00001065 and a market capitalization of $6,274,374,225, ranking as the 17th largest cryptocurrency. The prospect of SHIB creating more millionaires hinges on various factors, including the potential approval of the spot Bitcoin ETF by the US SEC.
🌐 Shiba Inu's Subtle Mission and Catalysts for Growth
Shiba Inu's mission to create millionaires gains momentum with the integration of Shibarium hosting Decentralized Applications (DApps). This move is expected to attract users, potentially increasing demand for SHIB. While the growth rate may not replicate its early days, predictions suggest unprecedented price levels in 2024.
💡 Becoming a SHIB Millionaire: A Holistic Analysis
To join the SHIB millionaire club, one might need to hold at least 100M SHIB, costing $1000 at current prices. With SHIB reaching $0.01, this investment could turn into $1M. Even at $0.001, the return could be $100K, and at $0.0001, $1000 might turn into $10K.
🔥 For real-time insights and crypto news, follow The Blockopedia! 🌐📰
#ShibaPriceAnalysys #ShibaInuSurge #ShibaBurns #Cryptocurrency #crypto2024
The tale of Shiba Inu's (SHIB) volatility creating millionaires in its early days has become legendary. As we step into 2024, the question on everyone's mind is whether history will repeat itself and pave the way for a new wave of SHIB millionaires.
📈 Shiba Inu's Historical Surge: From Memecoin to Millionaire-Maker!
Launched in 2020, Shiba Inu quickly captured the hearts of crypto enthusiasts, offering substantial returns to its early backers. The parabolic run catapulted SHIB to an All-Time High (ATH) of $0.00008845 in October 2021, making millionaires out of savvy investors. Despite an 88% drop in value, the sentiment surrounding SHIB's potential remains high.
🚀 SHIB's Current Standing: A Closer Look
As of now, Shiba Inu holds a price of $0.00001065 and a market capitalization of $6,274,374,225, ranking as the 17th largest cryptocurrency. The prospect of SHIB creating more millionaires hinges on various factors, including the potential approval of the spot Bitcoin ETF by the US SEC.
🌐 Shiba Inu's Subtle Mission and Catalysts for Growth
Shiba Inu's mission to create millionaires gains momentum with the integration of Shibarium hosting Decentralized Applications (DApps). This move is expected to attract users, potentially increasing demand for SHIB. While the growth rate may not replicate its early days, predictions suggest unprecedented price levels in 2024.
💡 Becoming a SHIB Millionaire: A Holistic Analysis
To join the SHIB millionaire club, one might need to hold at least 100M SHIB, costing $1000 at current prices. With SHIB reaching $0.01, this investment could turn into $1M. Even at $0.001, the return could be $100K, and at $0.0001, $1000 might turn into $10K.
🔥 For real-time insights and crypto news, follow The Blockopedia! 🌐📰
#ShibaPriceAnalysys #ShibaInuSurge #ShibaBurns #Cryptocurrency #crypto2024
Here’s How Much Shiba Inu You need to Make $1M if SHIB hits $0.001, $0.005 or $0.009
Shiba Inu (SHIB) enthusiasts are dreaming big, projecting ambitious price targets for the token. The question on everyone's mind: How much SHIB is needed to turn a $1 million profit at different price points? Let's break it down.
Shiba Inu Needed to Make $1M if SHIB Hits $0.001 🚀
For the audacious $0.001 target, considered a formidable goal, an investor would need 1 billion SHIB tokens. With SHIB currently trading at $0.00001100, acquiring this fortune would require a $11,000 investment, potentially yielding a return of $989,000. Achieving this would demand a remarkable 9,090% surge from the current price, a feat not unprecedented for SHIB.
Shiba Inu Needed to Make $1M if SHIB Hits $0.005 🌐
Stepping up the game, the $0.005 target demands 200 million SHIB tokens. Currently valued at $2,200, this investment could translate into a million-dollar return. The required rally for SHIB to reach $0.005 is approximately 45,454%, a significant leap but within the realm of crypto market unpredictability.
Shiba Inu Needed to Make $1M if SHIB Hits $0.009 🚀
The $0.009 target, the pinnacle of ambition, would necessitate 111.1 million SHIB tokens, costing an investor $1,222. Reaching this price level would demand an astounding 81,818% increase, an improbable scenario given SHIB's current circulating supply. Reaching $0.009 would catapult SHIB's market cap to $5.28 trillion.
🚨 Reality Check: Factors Influencing SHIB's Future 🚨
SHIB has showcased resilience and popularity, securing a spot among the top 20 cryptocurrencies. However, realizing these ambitious targets hinges on factors like widespread adoption, ecosystem breakthroughs, and influential endorsements.
📈 Stay Informed, Stay Smart! Follow for Real-time Updates on Shiba Inu's Journey! 🌐
#ShibaBurns #SHIB💥 #cryptoahmet #Cryptocurrency.traders #crypto2023A
Shiba Inu (SHIB) enthusiasts are dreaming big, projecting ambitious price targets for the token. The question on everyone's mind: How much SHIB is needed to turn a $1 million profit at different price points? Let's break it down.
Shiba Inu Needed to Make $1M if SHIB Hits $0.001 🚀
For the audacious $0.001 target, considered a formidable goal, an investor would need 1 billion SHIB tokens. With SHIB currently trading at $0.00001100, acquiring this fortune would require a $11,000 investment, potentially yielding a return of $989,000. Achieving this would demand a remarkable 9,090% surge from the current price, a feat not unprecedented for SHIB.
Shiba Inu Needed to Make $1M if SHIB Hits $0.005 🌐
Stepping up the game, the $0.005 target demands 200 million SHIB tokens. Currently valued at $2,200, this investment could translate into a million-dollar return. The required rally for SHIB to reach $0.005 is approximately 45,454%, a significant leap but within the realm of crypto market unpredictability.
Shiba Inu Needed to Make $1M if SHIB Hits $0.009 🚀
The $0.009 target, the pinnacle of ambition, would necessitate 111.1 million SHIB tokens, costing an investor $1,222. Reaching this price level would demand an astounding 81,818% increase, an improbable scenario given SHIB's current circulating supply. Reaching $0.009 would catapult SHIB's market cap to $5.28 trillion.
🚨 Reality Check: Factors Influencing SHIB's Future 🚨
SHIB has showcased resilience and popularity, securing a spot among the top 20 cryptocurrencies. However, realizing these ambitious targets hinges on factors like widespread adoption, ecosystem breakthroughs, and influential endorsements.
📈 Stay Informed, Stay Smart! Follow for Real-time Updates on Shiba Inu's Journey! 🌐
#ShibaBurns #SHIB💥 #cryptoahmet #Cryptocurrency.traders #crypto2023A