Fri, November 22

Search Results for: burn

Is Shiba Inu Poised for a Breakout as Burn Rate Surges?

Shiba Inu (SHIB), one of the leading meme coins, has captured market attention as Bitcoin maintains its rally above $97,500. Despite a 2.19% decline in the past 24 hours, SHIB trades at $0.00002408, down 8% over the week but up 33% in the last month. A significant factor driving market

November 21, 2024 2 mins read

Shiba Inu Burn Rate Soars Over 1300% as SHIB Shows Price Recovery

The Shiba Inu burn rate has recently surged by 1323.66%, with 34,912,694 SHIB tokens burned within the last 24 hours. This burn rate spike is a positive indicator for SHIB holders, as reducing supply can lead to increased scarcity, potentially boosting the token’s value. Amid this development, SHIB has shown

November 9, 2024 2 mins read

Zeebu Announces Successful $ZBU Token Burn for Q4 2024, Exceeding $1.1 Billion

 In a decisive move to strengthen its token economy and foster community engagement, Zeebu, a decentralized B2B settlement platform, has announced the completion of its fourth quarterly token burn, permanently eliminating over 251 million ZBU tokens from circulation. This burn reflects Zeebu’s commitment to creating a deflationary token model designed

November 5, 2024 4 mins read

Massive Shiba Inu (SHIB) Burn Fails To Reverse Price Drop

The cryptocurrency market has faced a pullback over the past 24 hours, with its market cap plummeting by over3.60% to $2.33 trillion. The largest asset, Bitcoin, which traded above $72.5K, has slipped to $69K. The bearish sentiment affected all the major assets in the market.  The dog-themed meme coin Shiba

November 1, 2024 2 mins read

Shiba Inu Burn Rate Jumps Over 65,500% as Millions of SHIB Vanished

This week began on a bearish note for the cryptocurrency market, with many tokens struggling to recover from recent lows. Among them, the popular meme coin Shiba Inu (SHIB) has seen a dip of over 1.5% in the last 24 hours, despite a remarkable spike in its burn rate. According

October 25, 2024 2 mins read

Will Shiba Inu’s 1436% Burn Rate Surge Spark a Bullish Breakout?

Shiba Inu ($SHIB) is showing strong momentum, with price indicators hinting at a potential rally. Over the past 24 hours, $SHIB has surged by over 4.78%, bringing the price to $0.00001789, according to CoinMarketCap data. This comes in the wake of an increased burn rate and ongoing developments in the

October 12, 2024 2 mins read