Shiba

Burn

Shiba Inu

<div class="watcher-guru">
 <p>Shiba Inu, a notable and second-largest meme coin in the cryptocurrency market, has garnered significant attention. The development team has been actively engaged in initiatives like the Shiba Inu Burn, reflecting their dedication to the coin’s progress.</p>
 <p>The Shiba Inu burn rate has been subject to fluctuations, with some days witnessing higher numbers while others show a decline. However, in recent times, the burn rate has displayed relative stability, with a consistent daily burning of millions of SHIB.</p>
 <p><strong>Also read:&nbsp;Ripple (XRP) Spikes Over 11% to Become Top-Performing Major Crypto</strong></p>
 <div class="quads-location quads-ad33739 " id="quads-ad33739" style="float:none;margin:0px 3px 3px 3px;padding:0px 0px 0px 0px;">
  <div class="publift-ad add">
   <div data-fuse="22560828227"></div>
  </div>
 </div>
 <p>According to the latest details from&nbsp;Shibburn, the SHIB burn rate has skyrocketed by <a rel="noopener noreferrer nofollow" title="36210%" href="https://thebittimes.com/tag/36210.html">36210%</a> amidst positive market conditions.</p>
 <figure class="wp-block-image size-full"><img decoding="async" width="239" height="204" src="https://cdn.thebittimes.com/images/2023/11/08/21adbb523d4a6f3a268af5c6d6e251b7.webp" alt class="wp-image-118218">
 </figure>
 <h2 class="wp-block-heading" id="h-shib-burn-rate-soars-by-36210">SHIB Burn rate soars by 36210%</h2>
 <p>Shibburn data shows that 173.2 million SHIB have been sent to dead wallets in the last 24 hours. One large transaction that occurred 19 hours ago sent 100 million SHIB to the dead wallet.</p>
 <div class="quads-location quads-ad15192 " id="quads-ad15192" style="float:none;margin:0px 3px 3px 3px;padding:0px 0px 0px 0px;">
  <div id="primisContainer" class="add"></div>
 </div>
 <p>The spike in the burn rate has provided the SHIB community with relief from the slumping burn rate. The surge in burn rate comes at a time when Shiba Inu is performing better in comparison to the past few weeks.</p>
 <p><strong>Also read:&nbsp;VeChain: VET Secures Key US Patent For Blockchain Transactions</strong></p>
 <p>CoinMarketCap data shows that SHIB is trading at $0.000008169, with a 1.2% drop in value over the last 24 hours.</p>
 <div class="quads-location quads-ad33742 " id="quads-ad33742" style="float:none;margin:0px 3px 3px 3px;padding:0px 0px 0px 0px;">
  <div class="publift-ad add">
   <div data-fuse="22560828233"></div>
  </div>
 </div>
 <p></p>
</div>
<div class="cs-entry__tags">
 <ul>
  <li>shib</li>
  <li>shiba inu</li>
 </ul>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/shiba-inu-burn-rate-skyrockets-surges-36210-tbt69401.html">https://thebittimes.com/shiba-inu-burn-rate-skyrockets-surges-36210-tbt69401.html</a></p>

Shiba Inu Burn Rate Skyrockets, Surges 36210%

Table of Contents

TheBitTimes

Other articles published on Nov 7, 2023

Kraken’s ingenious approach to tackle industry hurdles

Solana (SOL) Price Consolidates as Bulls Eye $45 Breakout

Legal Regulations Continue to Impact Coinbase in Kazakhstan

Coinbase Hindered by Kazakhstan’s New Digital Assets Law

Broker Complaint Alert (BCA) Marks 3 Years of Successful Crypto Scam Recovery, Bringing Hope to V...

Ethereum Price Analysis: Will ETH Continue to Rise?

Join our free newsletter for daily crypto updates!