SHIB's burn rate surges by 310%, reducing supply and boosting trader optimism. Specific wallet addresses drive the increase. Despite recent price fluctuations, SHIB holds above crucial support levels, potentially rebounding. Long-term outlook hints at a rally to $0.0001 with sustained bullish momentum.
Xu LinShiba Inu's burn rate skyrockets by over 5500%, burning 26 million SHIB tokens in 24 hours, fueling investor optimism. Price rises 3.78% to $0.00002351 with market cap hitting $13.84 billion. Symmetrical triangle pattern suggests potential breakout, with MACD and RSI indicating market indecision. Traders advised to monitor closely for trend developments.
Huang BoSHIB Burn Rate Skyrockets by 1,344%: Potential Shift in Shiba Inu Price. Recent Surge in Token Burning Amidst Speculation. Updates on Shiba Eternity Project Promise Continued Momentum.
Xu LinThis week witnessed a crypto rollercoaster, with Dogecoin soaring on Musk's X app, Trump's strategic moves in Ethereum and MAGA Coin markets, a Colorado pastor admitting to fraud, and Shiba Inu's burn rate spiking. The market dynamics continue to evolve rapidly, leaving investors and enthusiasts on the edge of their seats.
BerniceThe Shiba Inu token's remarkable surge in burn rate, coupled with positive technical indicators and increased trading activity, hints at a potential upward trajectory. The deliberate burning of tokens showcases a proactive approach to managing supply and a commitment to long-term asset growth.
SanyaShiba Inu's burn rate spikes 5000%, indicating active market dynamics and investor interest despite inherent risks.
KikyoFollowing a record burn of over 8.3 billion tokens, Shiba Inu's burn rate has soared by an unprecedented 7,686,774.46%, coinciding with a wider upsurge in the cryptocurrency market.
YouQuanShiba Inu's layer-2 network, Shibarium, has witnessed a remarkable surge in daily transactions, reaching 12 million in just two days
AaronBased on the price of BNB and the number of blocks generated on BSC during the quarter, the BNB auto-burn mechanism automatically modifies the amount of BNB to be burned.
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