In a significant move for the cryptocurrency world, the Shiba Inu (SHIB) token has seen a massive burn of 1,695,572,371 tokens. This substantial transfer has been completed by sending the tokens to a “dead wallet,” effectively removing them from circulation. This development is significant for several reasons. First and foremost,
The Shiba Inu burn initiative is one of the prominent developments by the meme coin team. The burn initiative was put in place to reduce the circulating supply and induce a price hike in the long term. The burn rate that had been on the downhill run over the past
The Shiba Inu burn initiative is one of the prominent developments by the meme coin team. The burn initiative was put in place to reduce the circulating supply and induce a price hike in the long term. The burn rate that had been on the downhill run over the past
Recently, Shiba Inu (SHIB) cryptocurrency has been making bold moves in the cryptocurrency space, where the SHIB token has been recording massive price gains. This has led to the memecoin attracting the attention of investors and traders in the cryptocurrency market. This recent gain in the price of these digital
The major cryptocurrencies to be considered low-cost with an effective surge in 2023: Shiba Inu (SHIB), RenQ Finance (RENQ), and Polygon (MATIC). The prominent growth in these cryptocurrencies over the previous year through fascinating features to stand ahead of other coins in the crypto market. Get to know some of
Due to a substantial decrease in burns from the day before, the Shiba Inu (SHIB) burn rate has decreased by up to 99% in the last 24 hours. According to data 1,993,024 SHIB tokens were sent to dead wallets in total. On May 2, there was a single transaction of
In recent days, memecoins have gained significant popularity and continue to dominate the crypto market with the launch of new coins. CoinGecko, the world’s largest crypto data aggregator, has conducted research on the top 10 countries leading the memecoin craze in 2023 by analyzing the country’s page views share on
Shiba Inu have become increasingly popular in recent years, and as a result, the SHIB army community has emerged as a formidable force. This surge in popularity is due to several advancements that have propelled it to become the second-largest meme coin. Several whales have been quite actively buying SHIB
Have you seen the recent Elon Musk Twitter logo bearing Dogecoin’s logo? Or the recent debate ongoing about Elon Musk introducing Twitter payments using Dogecoin? If yes, you’re probably wondering what all the fuss is about. Memecoins have become hugely popular in recent years and have been at the forefront
Shiba Inu, the second largest memecoin, has witnessed a massive increase in its burn rate. Shibburn, the crypto platform that tracks the SHIB transfers on etherscan, reported that in the last 24 hours, the burn rate of SHIB has skyrocketed to around 13070.90%. 🔥🔥🔥 2,005,265,274 $SHIB -> transferred to dead
