Million

Shiba Inu

Coin

<ul class="news-points"> 
 <li>Shiba Inu (SHIB) burns 130 million tokens, igniting investor confidence.</li> 
 <li>The bullish trend persists as SHIB sees increased trading volume.</li> 
 <li>Bullish momentum weakens as SHIB price retreats after facing resistance.</li> 
</ul> 
The <a href="https://coinedition.com/tag/Shiba-Inu-SHIB/" rel="noopener noreferrer nofollow">Shiba Inu (SHIB)</a> burn rate has increased, with over 130 million SHIB tokens burned in the last 24 hours. This momentous deed illustrates the community’s commitment and represents an excellent accomplishment for Shiba Inu. 
As a result, the token’s burn rate increased by a remarkable 326%. Furthermore, such acts of burning reduce the overall supply of SHIB, favorably boosting market sentiment and demand. 
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 HOURLY SHIB UPDATE<a href="https://twitter.com/search?q=%24SHIB&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$SHIB</a> Price: $0.00000739 (1hr -0.97% ▼ | 24hr 0.27% ▲ ) Market Cap: $4,360,475,446 (0.20% ▲) Total Supply: 589,340,552,787,290 TOKENS BURNT Past 24Hrs: 130,529,064 (317.41% ▲) Past 7 Days: 499,253,136 (1.13% ▲)— Shibburn (@shibburn) <a href="https://twitter.com/shibburn/status/1704737271591977379?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">September 21, 2023</a> 
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Two notable transactions took center stage, with one anonymous user burning a 100.77 million SHIB in a single move. Another 12.89 million SHIB found its way to the Shiba Inu dead wallet today. Hence, as these tokens evaporate from circulation, a potential enhancement in t… 
The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/shiba-inu-burns-over-130-million-tokens-is-a-breakout-looming/">Shiba Inu Burns Over 130 Million Tokens, Is a Breakout Looming?</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

Shiba Inu Burns Over 130 Million Tokens, Is a Breakout Looming?

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