#币安Alpha公布第6批项目
The Shiba Inu Coin burn rate has soared more than a thousand times. Is this the rhythm of a big rise?
The Shiba Inu Coin burn rate, to put it bluntly, is the destruction rate. Recently, it has soared thousands of times!
The online discussion is in full swing, and everyone thinks that the price may go up.
Look at this destruction rate, it has increased by 1041% in 24 hours. This speed is simply too fast. It is hard not to think of price increases. Shibburn data shows that the Shiba Inu network destroyed 6.54 million SHIBs in just one day. One of the wallets was even more generous, destroying 2.14 million coins at once. Such a sharp increase in the destruction rate has a lot to do with the high activity of the network.
In fact, the destruction rate has also experienced large fluctuations before. For example, on October 1, 10.31 million coins were destroyed, with a destruction rate of 320%; another time the destruction rate soared to 33,000%, destroying more than 1 billion coins in 24 hours. The one on September 28 was even more exaggerated, with the destruction rate rising by 19,930% and 1.88 billion tokens destroyed.
As soon as the destruction rate rose, analysts began to wonder if the price of SHIB would rise sharply. Data from CoinGlass showed that the open interest of SHIB futures rose by 20% to $52.93 million, which shows that everyone is very interested in SHIB. As a result, the price of SHIB rose by 6% in 24 hours to $0.00001785. The trading volume also soared by 26%, with $492 million traded in 24 hours.
SHIB's big players are not idle either, and they are all increasing their positions. CNF said that those big players with 100 billion to 10 trillion tokens are increasing their holdings of SHIB, and they are obviously optimistic about the future of SHIB. Data from IntoTheBlock also showed that more than 120,930 addresses bought more than 550 trillion SHIB in the price range of $0.000014 to $0.000018.
For the next layout direction, I will lead everyone to aim at the profit opportunities of copycats, especially those projects with great potential. There is no problem with the expected space of more than 10 times. If you want to make a lot of money in the bull market, like + leave a message, and I will lead you to layout the entire bull market!
