SHIB Burn Rate Explodes: Prices to Turn Bullish?
📉
The burn rate of Shiba Inu (SHIB), the second-largest meme coin globally, experienced a significant boost, as reported by a social media user on X (formerly Twitter). This increased burn rate has led to a minor uptick in SHIB's price. Despite this, the overall trend for Shiba Inu remains downward.
The surge in burn rate implies a decrease in the circulating supply of SHIB, which theoretically should increase the coin's value. However, current market conditions suggest persistent caution among investors.
It's noteworthy that even though the burn rate positively impacts SHIB's price temporarily, the long-term prospects remain uncertain amid a consistent downtrend.
Fonte: coinedition.com ↗
Похожие статьи (83)
Shiba Inu Burn Rate Explodes 5,094% – Is a Price Rally Coming?
Shiba Inu Burn Rate Skyrockets 81% In One Day, Are The Bulls Back?
Shiba Inu Burn Rate Soars 404%: Can it Trigger a Trend Reversal?
Shiba Inu Burn Rate Skyrockets: Will SHIB Price Rebound Last?
Shiba Inu Sees 20% Burn Rate Drop Amid Low Shibarium Activity
Shiba Inu Burn Rate Soars 340% Amid Surprising Price Movement
Shiba Inu Community Burns 681 Million SHIB in August
Important Shiba Inu Metric Shoots Up 1250% in 24 Hours—Will SHIB Delete a Zero from Its Price Heading into September?
Shiba Inu Burn Rate Surges 28,145% as Dormant Coinbase Wallet Burns 96M SHIB
Shiba Inu’s 1251% Burn Rate Spike: A Bullish Future?
Shiba Inu Burn Rate Stagnates Despite Large-Scale Incineration
Shiba Inu Burn Rate Hits 772% Amid Potential Price Breakout
Shiba Inu Burn Rate Skyrockets by 647% Amid Price Surge
Shiba Inu Undeterred By Market Crash As Burn Rate Surges 404%
Shiba Inu Burn Rate Spikes 1,088% In One Day, But It’s Not All Good News
Shiba Inu’s Burn Rate Drops by 100%, What Is Going On?
Shiba Inu Sees Largest SHIB Burn In 2 Months: Here’s What Happened
Shiba Inu Burns Stalls With Only One Burn Transaction In 24 Hours, Is This The End?
Shiba Inu Burn Rate: Here’s How Much SHIB Was Burned In September
Shiba Inu Burn: Here’s How Many SHIB Tokens Were Incinerated In August 2024
Shiba Inu Burning Slow: Can SHIB Ptice Break $0.000015?
Shiba Inu Burning Rate Surges 1251%, SHIB Shows Bullish Signals
Shiba Inu Burn Rate Skyrockets 3,348% But Price Stalls, DOGS Continues to Fall, Rexas Finance (RXS) Targets Real Estate Tokenization
SHIB Burn Shoots Up Over 8000%, Is Shiba Inu Coin Primed To Pump?
SHIB Burn Rate Rockets 320%, Will It Spark A Shiba Inu Price Rally?
SHIB Witnesses 1,088% Surge In Token Burns, Price Shoots Up
SHIB Burn Rate Shoots Up 33000% As ‘Dogecoin Killer’ Ignites Meme Coin Frenzy
Shiba Inu Coin Burn Rate Blows Up 2000%, What’s Next For SHIB Price?
Shiba Inu Burn Rate Rockets 1000%, SHIB Price To Hit ATH Soon?
Shiba Inu Burn Rate Boosts Price Surge
Shiba Inu Price Slips 4% as 3500% Burn Rate Surge Fails to Halt Correction
Shiba Inu Burn Shoots Over 28,000%, SHIB Price To Pump Ahead?
Examining the impact of Shiba Inu’s latest burn portal on SHIB’s price
1000% Surge in Shiba Inu Burn Rate Sets SHIB Price on Bullish Path
Shiba Inu Burns 100 Million Tokens in a Day
Shiba Inu Burn Rate Skyrockets 5,975% as Price Recovers, SHIB Looks Ready to Replicate 2021 Move Along with This Ethereum Token
Shiba Inu Burn Rate Surges 700%, Price Rally Fueled by Kusama’s Remarks
Analysis of Recent SHIB Token Burns and Market Response
SHIB burn rate surges by 3348% – Will this push Shiba Inu to $0.00002?
Shiba Inu Burn Rate Spikes, SHIB Price Eyes 36% Rally To $0.00002 Next
Shiba Inu Burn Rate Soars
Shiba Inu Weekly Burn Rate Spikes, What’s Next For SHIB Price?
Kraken’s update, soaring burn rates, et al. – How high can SHIB really go now?
Shiba Inu Gains Momentum with Token Burn
Shiba Inu Burn Rate Soars 1000% as SHIB Eyes New ATH
Shiba Inu Burn Spikes 1000%, SHIB Price Set For 50% Rally?
Shiba Inu burns rise, but this is why SHIB remains below crucial levels
Shiba Inu burn rate peaks: Assessing market impact
SHIB Burn Rate Surges 14500%, Can Shiba Inu Coin Reach $0.001?
Shiba Inu Burns 100 Million Tokens in 24 Hours
Shiba Inu Coin Surges with Significant Token Burn Rate Increase
Shiba Inu’s Burn Rate Increase Excites Crypto Community
Shiba Inu Community Drives Significant Price Surge with Increased Burn Rates
Shiba Inu (SHIB) Burn Rate Soars 244%: 389.5 Million Tokens Removed, Fueling Bullish Projections
Shiba Inu (SHIB) Burn Rate Surges by 38,199,412%, Sparking Market Caution
Shiba Inu Token Sees Massive Burn Spike, Minor Price Impact
Shiba Inu (SHIB) Eyes Possible Rally Amid Increased Shibarium Transactions and Soaring Burn Rate
SHIB Burn Rate Surges by 8000% Fueling Optimism Despite Price Dip
SHIB Price Skyrockets as Shiba Inu Token Burns Surge by 1,088%
Shiba Inu Burn Rate Explodes by 140,000% with New Shibarium Mechanism
Shiba Inu’s [SHIB] Burn Rate Soars 4430% After Shibarium Hard Fork: Is a Price Surge Imminent?
Shiba Inu (SHIB) Burn Rate Skyrockets by 4,411.52%, Sparking Price Reaction
Shiba Inu Faces Bearish Reversal Despite 3500% Burn Rate Spike
Shiba Inu’s Burn Rate Skyrockets by Over 38 Million Percent: What It Means for Investors
Shiba Inu Launches Shib Torch Burn Portal, Boosts SHIB Burn Rate by 44%
Shiba Inu (SHIB) Burn Portal Launch Boosts Burn Rate by 43% in 24 Hours
Shiba Inu’s (SHIB) Price Plummets 26% in 30 Days Amid Dwindling Burn Rate
Shiba Inu (SHIB) Burn Rate Soars Over 28,000%, Igniting Optimism in the Crypto Market
SHIB Burn Rate Freezes: Insights on Shiba Inu’s Anniversary and Shibarium’s Future
Massive SHIB Burn Surge: Shiba Inu Community Boosts Daily Burn Rate by Over 1,250%
SHIB Community Achieves 790% Weekly Burn Surge Amid Price Drop: What’s Next for Shiba Inu?
Shiba Inu (SHIB) Skyrockets with a 28,145% Burn Rate Surge While Prices Fluctuate
SHIB Burn Rate Hits a Standstill: What’s Causing the Freeze in Shiba Inu Activity?
Shiba Inu’s SHIB Surge: ShibTorch Ignites Automatic Burn on Shibarium
SHIB Reclaims Second Place in Meme Coin Social Activity Amid Declining Burn Rate
Shiba Inu (SHIB) Sees Surge in Burn Rate Amid Community Vote on ETH Allocation
Shiba Inu Burn Rate Soars Over 3300%, Driving Optimism for SHIB’s Future
Shiba Inu (SHIB) Sees 404% Burn Rate Surge: A Trend Reversal on the Horizon?
Shiba Inu Coin Sees 200% Surge in Burn Rate Despite Price Dip: What’s Next?
Shiba Inu Burn Rate Soars 38.79% Amid Shibarium Upgrade, Boosting Investor Confidence
Shiba Inu Burn Rate Skyrockets 700%, Setting Stage for Potential 30% Price Surge
Shiba Inu Burn Rate Soars 320% Despite Price Dip, Analysts Eye Potential 283% Rally
Shiba Inu Burn Rate Skyrockets 33,000% as SHIB Price Surges Over 20%
