burn rate

Popular dog-themed coin Shiba Inu (CRYPTO: SHIB) cracked on Sunday as the market fell, but readings from key indicators revealed opportunities for bullish traders. What Happened: The second-largest memecoin, also popularly referred to as the Dogecoin (CRYPTO: DOGE) Killer, plunged more than 3% in...

Popular memecoin Shiba Inu (CRYPTO: SHIB) witnessed a sharp spike in its burn rate over the last 24 hours. However, the deflationary pressure failed to push its price upward. What Happened: A whopping 33.29 million SHIB tokens were kicked out of circulation, according to the official burn tracker,...

Shiba Inu's (CRYPTO: SHIB) burn rate shot up exponentially in the last 24 hours amid a sharp increase in the transactions on the layer-1 blockchain, Shibarium. What Happened: Around 7.7 million SHIB tokens were kicked out of circulation, according to data from Shibburn, marking an astounding 13458....

Shiba Inu (CRYPTO: SHIB) witnessed a steep rise in its burn rate in the last 24 hours amid the popular memecoin's perpetual futures listing on Coinbase.  What Happened: Around 8.2 million SHIB tokens were kicked out of circulation, according to data from Shibburn, marking a whopping 246% jump...

Shiba Inu (CRYPTO: SHIB), the meme cryptocurrency proclaimed as the ‘Dogecoin (CRYPTO: DOGE) Killer,' saw a drastic decline in its burn rate in the last 24 hours, slowing down the rate at which tokens are pushed out of circulation. What happened: In an X post on Tuesday, Shiba Inu's official burn...

Dogecoin killer Shiba Inu (CRYPTO: SHIB) has experienced a significant surge in its burn rate, increasing by an impressive 172%. The surge coincides with a notable rebound in SHIB's market price, marking a promising turn for the dog-themed digital currency. According to a post by...

Shiba Inu (CRYPTO: SHIB) reported a significant burn rate surge, pushing prices 3.5% higher on the day. What Happened: Shibburn data indicates 48,654% increase in the Shiba Inu burn rate over the past 24 hours. Two transactions involving 25.8 million and 61.9 million coins were burnt during the...

Shiba Inu (CRYPTO: SHIB) might be on the verge of a significant price surge. According to the social intelligence company LunarCrush, various factors, from social engagement to token withdrawal patterns, hint at an impending bull run for the popular meme coin. Despite a modest 1% increase over the...

Shiba Inu (CRYPTO: SHIB) has taken the spotlight this week with a soaring burn rate and rising daily transactions. The developments signal potential bullish momentum ahead. What Happened: According to Shib Burn data, Shiba Inu’s burn rate surged by 33,465.6% in the past 24...

Amid all the optimism surrounding spot Bitcoin ETF approval likely coming on Wednesday with a possible start to trading on Thursday, some altcoins on the board are also witnessing a surge in the past 24-hours of trading. What Happened: Solana (CRYPTO: SOL) is trading 6.3% higher while...

Ethereum-based crypto Shiba Inu (CRYPTO: SHIB) reported significant whale movements while the community was also burning the token. What Happened: Based on Whale Alert data, Shiba Inu witnessed a significant 4.25 trillion token shuffle between two unknown wallets. The total...

Shiba Inu (CRYPTO: SHIB) and Dogecoin (CRYPTO: DOGE) started the week on a positive note as Japanese crypto exchange, BitTrade announced adding the meme coins. Amid widespread acceptance of tokens at exchanges, regulatory compliance changes and an expected approval for Spot Bitcoin ETF, could...

The latest data from Shiba Inu (CRYPTO: SHIB) burn tracker Shibburn reveals that the burn rate of the meme coin has shot up to more than 56,965%.  More than 1.6 billion Shiba Inu are no longer in circulation after the meme coin's burn rate skyrocketed in the past 24 hours....