Tag Archives: ShibBurn

Shiba Inu OI Crashes Over 30%, SHIB Burns Grind To A Halt; Is This The End?

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The Shiba Inu (SHIB) price has remained under strong pressure this year as weak demand and fading market momentum continue to weigh on the meme coin. Beyond the price decline, new data now show that Shiba Inu’s Open Interest (OI) has crashed by more than 30%, while its burn rate has also slowed significantly. The… Continue reading Shiba Inu OI Crashes Over 30%, SHIB Burns Grind To A Halt; Is This The End?→

Biggest Shiba Inu Burn In Months — And It Came From A Coinbase Account

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A Coinbase-linked wallet sent 140,033,123 Shiba Inu tokens to a burn address on October 15, removing those coins from circulation in a single on-chain move. According to records published by community burn tracker Shibburn, the wallet that carried out the transfer was newly created and had only that one visible SHIB transaction. Etherscan data shows… Continue reading Biggest Shiba Inu Burn In Months — And It Came From A Coinbase Account→

Shiba Inu Price Could See 180% Explosion As This Indicator Flashes Bullish Divergence

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Crypto analyst Javon Marks has provided a bullish outlook for the Shiba Inu price, predicting a potential rally of 180%. The analyst alluded to an indicator that suggests that SHIB can record this explosive rally, reclaiming the psychological $0.00002 level in the process.  Shiba Inu Price Eyes 180% Rally As MACD Forms Bullish Divergence In… Continue reading Shiba Inu Price Could See 180% Explosion As This Indicator Flashes Bullish Divergence→

Shiba Inu Burn Rate Explodes 7,240% With 1.1 Billion Tokens Burned In 24 Hours, What’s Driving It?

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The Shiba Inu burn rate has experienced a dramatic surge, exploding by an astonishing 7,240% in just one day. This massive surge has led to the removal of over 1.1 billion tokens from circulation, effectively reducing the token’s significant supply. The latest sharp increase in SHIB burns have also caught the attention of the crypto… Continue reading Shiba Inu Burn Rate Explodes 7,240% With 1.1 Billion Tokens Burned In 24 Hours, What’s Driving It?→

Shiba Inu Burn Rate Sees Major 600% Jump In Only 24 Hours, Will SHIB Price Follow Suit?

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On-chain data has unveiled an impressive SHIB price could follow suit, as increased token burn often influences a cryptocurrency’s price movements.  Shiba Inu Burn Rate Skyrockets Over 600% Shibburn, the official Shiba Inu token burn tracker, has just reported a dramatic increase in burn rate, with over 3.24 million SHIB tokens permanently removed from circulation. The… Continue reading Shiba Inu Burn Rate Sees Major 600% Jump In Only 24 Hours, Will SHIB Price Follow Suit?→

Shiba Inu On Fire With Over 410 Trillion Tokens Destroyed Amid Burn Rate Growth

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Shiba Inu (SHIB) is garnering attention once more due to a significant rise in its burn rate. Recent statistics indicate a 115% increase in the burn rate, with more than 16.1 million SHIB tokens incinerated in a single week. This increase is noteworthy since it diminishes the circulating supply of SHIB, potentially exerting upward pressure… Continue reading Shiba Inu On Fire With Over 410 Trillion Tokens Destroyed Amid Burn Rate Growth→