Shiba

Token

Shiba Inu

<table style="width: 100%; border-collapse:">
 <tbody>
  <tr>
   <td style="width: 100%; text-align: left;"><a href="https://en.coinotag.com/altcoin-exchange-1333421/" target="_blank" rel="noopener"><strong><span style="color: #000000;">Before you reading, did you missed the PEPE?<span style="color: #e67e22;"> No worries, click here to 100x potential memes!</span></span></strong></a></td>
  </tr>
 </tbody>
</table>
<ul> 
 <li>Shiba Inu, an Ethereum-based altcoin, has garnered attention in the cryptocurrency world by experiencing a price increase despite a decrease in token burning.</li> 
 <li>While SHIB is consistently burned, the burning rate has seen a 43.33% decline in the past week. A total of 130.90 million SHIB was burned in the last seven days.</li> 
 <li>As of the time of writing, the Shiba Inu price has seen a 3.66% increase in the last twenty-four hours, trading at $0.00000849.</li> 
</ul> 
<p><strong>Shiba Inu price is experiencing a significant increase in the last 24 hours, but the SHIB token burning rate is observed to be declining: Current SHIB data!</strong></p> 
<h2 id="strong-shiba-inu-token-burning-rate-shows-decline-strong"><strong>Shiba Inu Token Burning Rate Shows Decline</strong></h2> 
<p><img loading="lazy" decoding="async" class="alignnone size-full wp-image-127592" src="https://i0.wp.com/en.coinotag.com/wp-content/uploads/2023/09/Shiba-Inu-SHIB.webp?resize=696%2C392&amp;quality=70&amp;ssl=1" alt="Shiba Inu (SHIB)" width="696" height="392" srcset="https://i0.wp.com/en.coinotag.com/wp-content/uploads/2023/09/Shiba-Inu-SHIB.webp?w=1280&amp;quality=70&amp;ssl=1 1280w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2023/09/Shiba-Inu-SHIB.webp?resize=300%2C169&amp;quality=70&amp;ssl=1 300w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2023/09/Shiba-Inu-SHIB.webp?resize=1024%2C576&amp;quality=70&amp;ssl=1 1024w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2023/09/Shiba-Inu-SHIB.webp?resize=768%2C432&amp;quality=70&amp;ssl=1 768w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2023/09/Shiba-Inu-SHIB.webp?resize=150%2C84&amp;quality=70&amp;ssl=1 150w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2023/09/Shiba-Inu-SHIB.webp?resize=696%2C392&amp;quality=70&amp;ssl=1 696w, https://i0.wp.com/en.coinotag.com/wp-content/uploads/2023/09/Shiba-Inu-SHIB.webp?resize=1068%2C601&amp;quality=70&amp;ssl=1 1068w" sizes="(max-width: 696px) 100vw, 696px" data-recalc-dims="1"></p> 
<p>Shiba Inu, an Ethereum-based altcoin, has garnered attention in the cryptocurrency world by experiencing a price increase despite a decrease in token burning. Shibburn, a platform providing SHIB burning data, recently revealed data indicating a decline in burned SHIB tokens.</p> 
<p>Additionally, Shibarium, a Layer 2 blockchain for Shiba Inu, has experienced a significant increase in testnet activities, leading to speculation among crypto traders and investors. As of now, data provided by Shibburn shows a 34.89% decrease in the burning rate of Shiba Inu in the last twenty-four hours. Additionally, the total number of tokens burned in the last twenty-four hours was 5.94 million.</p> 
<p>Interestingly, while SHIB is consistently burned, the burning rate saw a 43.33% decrease in the past week. A total of 130.90 million SHIB was burned in the last seven days. The Shiba Inu crypto community gained attention in the cryptocurrency world with a significant burning of SHIB tokens in recent days.</p> 
<p>In a series of transactions, it appears that the Shiba community has burned a total of 410.662 trillion SHIB tokens to date. The above token burning emerged as a result of the Shiba community’s efforts to support their tokens.</p> 
<p>The Shibarium testnet activity has also increased significantly in recent days. According to data presented by a blockchain explorer, there were no transactions in the Shibarium testnet in recent weeks. However, since November 9, a total of 400,000 transactions have taken place, gaining attention in the crypto markets.</p> 
<h2 id="strong-shiba-inu-price-report-strong"><strong>Shiba Inu Price Report</strong></h2> 
<p>As of the time of writing, the Shiba Inu price has seen a 3.66% increase in the last twenty-four hours, trading at $0.00000849. However, the token experienced a small decrease of 3.28% in the past week. Additionally, the 24-hour trading volume showed a significant increase of 17.63%, reaching $119.77 million.</p> 
<p>The price increase of SHIB in the last month is evaluated at 12.25%, aligning with the Shiba community’s efforts to enhance SHIB tokenomics. As long as the Shiba community continues to burn a significant amount of tokens, the scarcity of the token may continue to increase, potentially leading to a better outlook for the token in the broader crypto markets.</p> 
<p>The post <a rel="nofollow" href="https://en.coinotag.com/while-shiba-inu-shib-token-price-rises-shib-burning-rate-declines/">While Shiba Inu (SHIB) Token Price Rises, SHIB Burning Rate Declines!</a> appeared first on <a rel="nofollow" href="https://en.coinotag.com">COINOTAG NEWS</a>.</p> 
<table style="width: 100%; border-collapse:">
 <tbody>
  <tr>
   <td style="width: 100%; text-align: left;"><a href="https://en.coinotag.com/altcoin-exchange-1333421/" target="_blank" rel="noopener"><strong><span style="color: #000000;">Did you missed the PEPE?<span style="color: #e67e22;"> No worries, click here to 100x potential memes!</span></span></strong></a></td>
  </tr>
 </tbody>
</table>

While Shiba Inu (SHIB) Token Price Rises, SHIB Burning Rate Declines!

Table of Contents

CO NEWS

Other articles published on Nov 25, 2023

Over $100,000,000 in Ethereum, Shiba Inu, Chainlink and Other Crypto Assets Drained From Justin S...

UK Makes Investing Easy with Tokenized Funds

Seeking Alternatives to Solana and THORChain’s Rise? Unveiling a Leading Investment Option for 2023

Brands Exit X Due to Impacts of Antisemitic Posts

Nigerian politician arrested in Patricia technologies crypto theft

SEC’s Attempt to Build Monopoly for Ethereum Still in Question

Join our free newsletter for daily crypto updates!