Burn

Shiba Inu

Coin

<ul class="news-points"> 
 <li><strong>Shiba Inu burn tracker, Shibburn, reported a notable decrease in SHIB’s burn rate at -46.53%.</strong><strong></strong></li> 
 <li><strong>37,206,893 SHIB tokens were burned in the last 24 hours as per Shibburn.</strong><strong></strong></li> 
 <li><strong>SHIB has been on a downtrend in 2023, struggling to go beyond $0.000008.</strong></li> 
</ul> 
<p>Just two days after the crypto community observed a significant surge in the SHIB burn rate, which reached an impressive +286.8%, the Shiba Inu burn tracker known as Shibburn has reported a notable decrease, now at -46.53%. According to Shibburn’s recent tweet, a total of 37,206,893 SHIB tokens were burned in the last 24 hours.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
   <p lang="en" dir="ltr">In the past 24 hours, there have been a total of 37,206,893 <a href="https://twitter.com/search?q=%24SHIB&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$SHIB</a> tokens burned and 5 transactions. Visit <a href="https://t.co/t0eRMnyZel" target="_blank" rel="noopener noreferrer nofollow">https://t.co/t0eRMnyZel</a> to view the overall total of <a href="https://twitter.com/hashtag/SHIB?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#SHIB</a> tokens burned, circulating supply, and more. <a href="https://t.co/yiGPCfbiLz" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/yiGPCfbiLz</a></p>— Shibburn (@shibburn) <a href="https://twitter.com/shibburn/status/1701808184841621711?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">September 13, 2023</a> 
  </blockquote> 
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div> 
</figure> 
<p>Shibburn’s website provides insights into how the SHIB community has been reducing the SHIB supply. On September 10, Shibburn <a href="https://coinedition.com/shiba-inu-burn-rate-jumps-overnight-tracker-records-over-286/" rel="noopener noreferrer nofollow">recorded the highest number of SHIB tokens</a> burned for the week so far, amounting to 177,820,158 tokens. While this represents a +286.8% burn rate, it still falls short of the previous record, whic…</p> 
<p>The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/shibs-downtrend-continues-despite-burn-events-and-project-developments/">SHIB’s Downtrend Continues Despite Burn Events and Project Developments</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

SHIB’s Downtrend Continues Despite Burn Events and Project Developments

Coin Edition

Other articles published on Sep 13, 2023

Nasdaq's Hashdex mixed Ether ETF filing joins crypto ETF race

Astar Network Partners with Polygon Labs to Launch Layer 2 zkEVM Using Polygon’s CDK

CRV’s Price Plummets as Its Daily Volume Experiences a Sharp Drop

Shiba Inu Nears Crucial Resistance Level! Will SHIB Price Break Free From Bearish Territory Or Re...

Trust Wallet Token (TWT) Price Prediction 2023, 2024, 2025-2030

Paxos report: $44.3m PYUSD in circulation are overcollateralized

Join our free newsletter for daily crypto updates!