ShibaBurns
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#MyFirstFeedPost Hello, Binance Square!
#ShibaBurns #SHIBđ„
When will the prices fall when always rise an exciting topic!
I'm curious when we'll reach the $0.01
At least I believe that we can burn many tokensđ„đ„đ„đ„đ„đ„đ„đ„đ„đ„đ„đ„đ„đ„đ„đ„
I have my largest share of tokens in Shiba Inu now and I am in favour of the year 2024! Let's grow!
All Shiba fans leave a like there đđ
#ShibaBurns #SHIBđ„
When will the prices fall when always rise an exciting topic!
I'm curious when we'll reach the $0.01
At least I believe that we can burn many tokensđ„đ„đ„đ„đ„đ„đ„đ„đ„đ„đ„đ„đ„đ„đ„đ„
I have my largest share of tokens in Shiba Inu now and I am in favour of the year 2024! Let's grow!
All Shiba fans leave a like there đđ
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Shiba Inu Burn Rate Soars As Mega-Whales Move Trillions
SHIB burn rate surged 48,083.50% in 24 hours, with 235 million SHIB burned.
Community and developers torched 36 billion SHIB across November and December.
Whales moved trillions of SHIB, including a $45 million transfer, signaling increased whale interest in Shiba Inu.
Shiba Inu (SHIB) has seen an extraordinary surge in its burn rate, marking a remarkable 48,083.50% increase within a mere 24-hour window.Â
This astounding spike in burning activity resulted in the incineration of 235,603,488 SHIB tokens. It is primarily attributed to a substantial single transaction funneling 220,729,973 SHIB into an unspendable wallet.Â
Both the Shiba Inu community and its developer team have fervently contributed to this incineration spree, deliberately eliminating substantial quantities of SHIB coins. This concerted effort has led to the torching of over 36 billion SHIB throughout December and the final week of November, indicating a collective drive to bolster the tokenâs value through controlled supply.
Concurrently, the landscape has witnessed monumental movements orchestrated by cryptocurrency whales. Notably, a series of massive SHIB transfers, with one transaction accounting for a staggering 4,253,619,279,051 SHIB, valued at $44,909,712 during its transfer.Â
4,253,619,279,051 #SHIB (44,909,712 USD) transferred from unknown wallet to unknown wallethttps://t.co/BBTttRFHNO
â Whale Alert (@whale_alert) December 29, 2023
Another notable instance involved a whale receiving a substantial 417.138 billion SHIB, equivalent to $4.43 million in fiat. This showcases an evident upsurge in interest from these influential market players toward Shiba Inu.
This convergence of intensified burning initiatives within the community and the significant engagements by whales signals a profound shift within the Shiba Inu ecosystem. The collective effort to reduce circulating supply and the increased involvement of whales in massive transactions hint at a transformative phase for SHIB.
Read also:
Shiba Inuâs Surging Burn Rate: Is It the Right Time to Buy SHIB?
What Does Over 60% Burn Rate Surge Indicate for SHIBâs Future?
Shiba Inu Burn Rate Soars Ahead of Shibarium Launch, ATH Soon?
Shibarium Gas Fees Soar as Shiba Inu Burn Rate Rockets Close to 200M
Shiba Inuâs Burn Rate Skyrockets 44,000%: Price Reacts
The post Shiba Inu Burn Rate Soars as Mega-Whales Move Trillions appeared first on Crypto News Land.
Community and developers torched 36 billion SHIB across November and December.
Whales moved trillions of SHIB, including a $45 million transfer, signaling increased whale interest in Shiba Inu.
Shiba Inu (SHIB) has seen an extraordinary surge in its burn rate, marking a remarkable 48,083.50% increase within a mere 24-hour window.Â
This astounding spike in burning activity resulted in the incineration of 235,603,488 SHIB tokens. It is primarily attributed to a substantial single transaction funneling 220,729,973 SHIB into an unspendable wallet.Â
Both the Shiba Inu community and its developer team have fervently contributed to this incineration spree, deliberately eliminating substantial quantities of SHIB coins. This concerted effort has led to the torching of over 36 billion SHIB throughout December and the final week of November, indicating a collective drive to bolster the tokenâs value through controlled supply.
Concurrently, the landscape has witnessed monumental movements orchestrated by cryptocurrency whales. Notably, a series of massive SHIB transfers, with one transaction accounting for a staggering 4,253,619,279,051 SHIB, valued at $44,909,712 during its transfer.Â
4,253,619,279,051 #SHIB (44,909,712 USD) transferred from unknown wallet to unknown wallethttps://t.co/BBTttRFHNO
â Whale Alert (@whale_alert) December 29, 2023
Another notable instance involved a whale receiving a substantial 417.138 billion SHIB, equivalent to $4.43 million in fiat. This showcases an evident upsurge in interest from these influential market players toward Shiba Inu.
This convergence of intensified burning initiatives within the community and the significant engagements by whales signals a profound shift within the Shiba Inu ecosystem. The collective effort to reduce circulating supply and the increased involvement of whales in massive transactions hint at a transformative phase for SHIB.
Read also:
Shiba Inuâs Surging Burn Rate: Is It the Right Time to Buy SHIB?
What Does Over 60% Burn Rate Surge Indicate for SHIBâs Future?
Shiba Inu Burn Rate Soars Ahead of Shibarium Launch, ATH Soon?
Shibarium Gas Fees Soar as Shiba Inu Burn Rate Rockets Close to 200M
Shiba Inuâs Burn Rate Skyrockets 44,000%: Price Reacts
The post Shiba Inu Burn Rate Soars as Mega-Whales Move Trillions appeared first on Crypto News Land.
Coin name movr buy at current price target 30 35 40 45 no stoploss just hold and double your money đ€đ°
#DYORă #SolanaGems #ShibaBurns
#DYORă #SolanaGems #ShibaBurns
According to some latest news shiba inu burns about 80 billion shibcoins in 2023 and will also stop its supply to make shiba inu valuable and it can reached at the highest price of $0.0.1, its time to invest in $SHIB
#ShibaPriceAnalysys #SHIBđ„ #ShibaBurns #ShibaInvestment #Shiba.Inu.coin
#ShibaPriceAnalysys #SHIBđ„ #ShibaBurns #ShibaInvestment #Shiba.Inu.coin
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Lead developer Shiba Inu spoke about the creation of new SHIB domain names
Pseudonymous developer Shitoshi Kusama has described plans to launch a custom top-level domain (TLD), the last part of a web address after the period, for the Shiba Inu (SHIB) ecosystem.
In several posts on social media X, Kusama noted that domains play an important role as a layer of identity on the Internet.
The developer said that the project is currently working with the D3 Internet domain player to enable the use of domain names with the .shib extension.
will allow users of the meme token to use the .shib domain for websites, blogs, online stores, email, digital asset transactions, usernames on web3 platforms and online identity verification.
#SHIBđ„ #ShibaInuInWeb3 #ShibaPriceAnalysys #SHIB/USDT #ShibaBurns
$SHIB
Pseudonymous developer Shitoshi Kusama has described plans to launch a custom top-level domain (TLD), the last part of a web address after the period, for the Shiba Inu (SHIB) ecosystem.
In several posts on social media X, Kusama noted that domains play an important role as a layer of identity on the Internet.
The developer said that the project is currently working with the D3 Internet domain player to enable the use of domain names with the .shib extension.
will allow users of the meme token to use the .shib domain for websites, blogs, online stores, email, digital asset transactions, usernames on web3 platforms and online identity verification.
#SHIBđ„ #ShibaInuInWeb3 #ShibaPriceAnalysys #SHIB/USDT #ShibaBurns
$SHIB
Shiba Inu: Shibarium Burn Mechanism To Be Fully Functional From January 2024 Onwards đ¶đ„
The much-awaited burn mechanism will be fully functional from January 2024 onwards. Shibarium collects fees from users to initiate transactions on the network and the amount will be utilized to burn SHIB. 70% of the base fees will be allocated to remove Shiba Inu tokens from circulation and the rest 30% will be used to maintain the network.
The network will initiate burns after it collects a total of $25,000 in total fees from users. Once, the bracket of $25,000 is achieved, the first burn process will go live. However, the number of tokens that will be sent to the dead wallet remains unknown. More details about it will be provided by the team in January next month.
In conclusion, a large number of burns will help SHIB to sustainably scale up in price over the years. The main target for investors is to reach the $0.01 milestone. However, whether burns can help make SHIB reach the target or not, only time will tell.#ShibaBurns #ShibaInvestment đ„ $
The much-awaited burn mechanism will be fully functional from January 2024 onwards. Shibarium collects fees from users to initiate transactions on the network and the amount will be utilized to burn SHIB. 70% of the base fees will be allocated to remove Shiba Inu tokens from circulation and the rest 30% will be used to maintain the network.
The network will initiate burns after it collects a total of $25,000 in total fees from users. Once, the bracket of $25,000 is achieved, the first burn process will go live. However, the number of tokens that will be sent to the dead wallet remains unknown. More details about it will be provided by the team in January next month.
In conclusion, a large number of burns will help SHIB to sustainably scale up in price over the years. The main target for investors is to reach the $0.01 milestone. However, whether burns can help make SHIB reach the target or not, only time will tell.#ShibaBurns #ShibaInvestment đ„ $
LIVECrypto Web3 Today
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Bullish
Shiba Inu (SHIB) Loses Momentum, But Revival Is Imminent, Here's How.
Shiba Inu (SHIB) is losing momentum in no small way as the broader crypto market gives up its gains in a rapid manner. The second-largest meme coin has dropped by 2.77% in the past 24 hours with price trading on spot exchanges at $0.000009823. With trading volume dropping by more than 17% to $196,265,702, the token has proven at the mercy of its bears in the short term.
The latest erratic bull-bear action has forced Shiba Inu to give up some of its gains, with the token losing another zero.
Over the past month, Shiba Inu has added and lost new figures, but it has ultimately failed to turn the $0.00001 price level into an actual support zone. The market sentiment surrounding Shiba Inu is very bearish, but a metric remains promising to show that an imminent uptrend cannot be ruled out in the long term.
On-chain data shows that despite the latest bouts of sell-offs, Shiba Inu is still in "Greed" on the Fear and Greed Index. This implies that Shiba Inu bulls still have the hidden desire to go all out on the token, and given the right conditions, they may resume accumulating the coin.
Shiba Inu metrics at tipping points.
While the drop in the price of Shiba Inu is a function of the sentiment in the wider market outlook, its key on-chain metrics are also at a tipping. The Shibarium transaction count has slumped to its lowest level in months, with only 1.33 million transactions recorded in the past 24 hours.
The burn rate is also down by 95%
overnight, with just a tiny 820,007 SHIB
burned thus far. These same metrics could
flip at any time in response to the
underlying market greed, and they may play a crucial role in returning SHIB to its
winning ways as they have always done.
Shiba Inu (SHIB) is losing momentum in no small way as the broader crypto market gives up its gains in a rapid manner. The second-largest meme coin has dropped by 2.77% in the past 24 hours with price trading on spot exchanges at $0.000009823. With trading volume dropping by more than 17% to $196,265,702, the token has proven at the mercy of its bears in the short term.
The latest erratic bull-bear action has forced Shiba Inu to give up some of its gains, with the token losing another zero.
Over the past month, Shiba Inu has added and lost new figures, but it has ultimately failed to turn the $0.00001 price level into an actual support zone. The market sentiment surrounding Shiba Inu is very bearish, but a metric remains promising to show that an imminent uptrend cannot be ruled out in the long term.
On-chain data shows that despite the latest bouts of sell-offs, Shiba Inu is still in "Greed" on the Fear and Greed Index. This implies that Shiba Inu bulls still have the hidden desire to go all out on the token, and given the right conditions, they may resume accumulating the coin.
Shiba Inu metrics at tipping points.
While the drop in the price of Shiba Inu is a function of the sentiment in the wider market outlook, its key on-chain metrics are also at a tipping. The Shibarium transaction count has slumped to its lowest level in months, with only 1.33 million transactions recorded in the past 24 hours.
The burn rate is also down by 95%
overnight, with just a tiny 820,007 SHIB
burned thus far. These same metrics could
flip at any time in response to the
underlying market greed, and they may play a crucial role in returning SHIB to its
winning ways as they have always done.
Shiba Inu's đ„ Mega Burnathon: Team Scorches 8.47 Billion SHIB Tokens, Skyrocketing Total to Nearly 34 Billion! đđ°
In a December to Remember, the Shiba Inu Crew Lights Up the Crypto Scene with Record-Breaking Burns! đ„đ
The Shiba Inu Team Unleashes the Burn Beast: 8.47 Billion SHIB Tokens Go Up in Smoke! đ„đ„ Total Destruction Reaches a Whopping 33.8 Billion SHIB in December Alone! đđ
Crypto Firestorm! Shiba Inu's Systematic Burns Cast a Spell on the SHIB Supply â Cumulative Impact in Full Force! đȘïžđ
Join the Burn Party! Shiba Inu Community Powers Up as Anyone Can Torch SHIB, But the Team Leads the Charge! âĄđ„
Wallets Beware! 8.7 Billion SHIB Worth of Crypto Gold Turned to Ash: Shiba Inu's Massive Burn Sends Shockwaves! đŒđ„
LUCIE Drops the Mic: Marketing Maven Confirms 8,471,583,707 SHIB Tokens Sent to Retirement â A $92,170 Farewell to Circulation! đ€đđž
Shiba Inu's Burn Saga Continues: Total Supply Shrinks, Crypto Enthusiasts Applaud! đđ #ShibaBurns #CryptoMagic #sol #NEAR $BTC $ETH $SOL
In a December to Remember, the Shiba Inu Crew Lights Up the Crypto Scene with Record-Breaking Burns! đ„đ
The Shiba Inu Team Unleashes the Burn Beast: 8.47 Billion SHIB Tokens Go Up in Smoke! đ„đ„ Total Destruction Reaches a Whopping 33.8 Billion SHIB in December Alone! đđ
Crypto Firestorm! Shiba Inu's Systematic Burns Cast a Spell on the SHIB Supply â Cumulative Impact in Full Force! đȘïžđ
Join the Burn Party! Shiba Inu Community Powers Up as Anyone Can Torch SHIB, But the Team Leads the Charge! âĄđ„
Wallets Beware! 8.7 Billion SHIB Worth of Crypto Gold Turned to Ash: Shiba Inu's Massive Burn Sends Shockwaves! đŒđ„
LUCIE Drops the Mic: Marketing Maven Confirms 8,471,583,707 SHIB Tokens Sent to Retirement â A $92,170 Farewell to Circulation! đ€đđž
Shiba Inu's Burn Saga Continues: Total Supply Shrinks, Crypto Enthusiasts Applaud! đđ #ShibaBurns #CryptoMagic #sol #NEAR $BTC $ETH $SOL
New Crypto to Buy Now
Anarchy ($ANA): a new meme cryptocurrency project that promotes decentralization and community building
Pikamoon ($PIkA): an RPG (role-play-game) with a particular focus on exploration, strategy, and combat
Pepe Coin ($PEPE ): 100% decentralized and 0% tax token
Injective (INJ): the only blockchain where developers can find robust out-of-the-box modules such as a completely decentralized order book
Celestia (TIA): a modular data availability network that securely scales with the number of users. #SHIBđ„ #PepeMemecoin #ShibaBurns
Anarchy ($ANA): a new meme cryptocurrency project that promotes decentralization and community building
Pikamoon ($PIkA): an RPG (role-play-game) with a particular focus on exploration, strategy, and combat
Pepe Coin ($PEPE ): 100% decentralized and 0% tax token
Injective (INJ): the only blockchain where developers can find robust out-of-the-box modules such as a completely decentralized order book
Celestia (TIA): a modular data availability network that securely scales with the number of users. #SHIBđ„ #PepeMemecoin #ShibaBurns
đ„#Shiba Inu Burn Rate Soars 2000% With Over 5 Mln SHIB Destroyedđđ„, Price Rebound Ahead?đ
Shiba Inu, an Ethereum-based altcoin, caught noteworthy attention today as the token noted an uptick in its burn rate amid a price pump.
#ShibaBurns
Shiba Inu, an Ethereum-based altcoin, caught noteworthy attention today as the token noted an uptick in its burn rate amid a price pump.
#ShibaBurns
A large transfer of 7,857 BTC, worth approximately $336,401,989, has been made from an unknown wallet to Coinbase.
#ShibaBurns
#ShibaBurns
#ShibaPriceAnalysys #SHIBđ„ #ShibaBurns #BTC đ Shiba Inu Bulls Launch Mission: Target $0.00001 to Erase Extra Zero! đŸđ
đ Shiba Inu started 2024 strong above $0.000010, but bears attacked after Bitcoin ETF rumors on Jan. 3, adding a zero to SHIB's price at $0.000009. Bulls are fiercely battling for the coveted $0.0001 level, aiming to erase a zero and reclaim victory! đšđȘ
đ Despite a 2.15% dip in the last 24 hours to $0.00009567, bulls are resilient in their fight since Jan. 4. Can they sustain SHIB above the daily MA 50 at $0.0000963? đđ
đč Shiba Inu Triggers Trillions in Transaction Volume! đ
đ In the last 24 hours, SHIB saw a whopping 7.33 trillion in transaction volume, with 5.75 trillion attributed to large transactions, signaling whale or institutional activity. đđ
đ Discover the potential reversal: Increased transaction volume during price declines may indicate both panic selling and significant investor interest. đđ
đ Don't Miss the SHIB Battle Unfolding! Stay Updated with Mr Ghost for Exclusive Insights! đ»đ #ShibaInu #CryptoNews #BullsVsBears
đ Shiba Inu started 2024 strong above $0.000010, but bears attacked after Bitcoin ETF rumors on Jan. 3, adding a zero to SHIB's price at $0.000009. Bulls are fiercely battling for the coveted $0.0001 level, aiming to erase a zero and reclaim victory! đšđȘ
đ Despite a 2.15% dip in the last 24 hours to $0.00009567, bulls are resilient in their fight since Jan. 4. Can they sustain SHIB above the daily MA 50 at $0.0000963? đđ
đč Shiba Inu Triggers Trillions in Transaction Volume! đ
đ In the last 24 hours, SHIB saw a whopping 7.33 trillion in transaction volume, with 5.75 trillion attributed to large transactions, signaling whale or institutional activity. đđ
đ Discover the potential reversal: Increased transaction volume during price declines may indicate both panic selling and significant investor interest. đđ
đ Don't Miss the SHIB Battle Unfolding! Stay Updated with Mr Ghost for Exclusive Insights! đ»đ #ShibaInu #CryptoNews #BullsVsBears
High hopes on Shiba #ShibaBurns #ShibaArmy
LIVELearn_With_Fullo
--
Shiba Inu: What Happens If 90% of SHIB Tokens Are Burned?
Shiba Inu (SHIB), the canine-themed cryptocurrency, has taken the crypto world by storm. However, SHIB is facing challenges in its ambitious pursuit of reaching the $1 mark. Despite impressive returns of approximately 12975614.3% since its inception in 2020, intricate dynamics may hinder SHIBâs ascent to $1.Unlike significant cryptocurrencies such as Ethereum (ETH) with diverse use cases, SHIB primarily thrives on social sentiment. One major obstacle on SHIBâs path is the concentration of tokens in the hands of a few whales. The vulnerability to a significant sell-off looms large, potentially dealing a severe blow to SHIBâs price and disrupting its $1 aspirations. The sheer magnitude of SHIBâs circulating supply emerges as a formidable barrier. While burns are gradually reducing the supply, the rate is not substantial enough to make a meaningful impact.Can Shiba Inu burn activity help with the price surge?A glimmer of hope resides in the Shiba Inu burn portal initiated in April 2021, which sends SHIB tokens to dead wallets, effectively removing them from circulation. However, the impact on SHIBâs price has been limited.The Shibarium network holds potential, as it is set to participate in burns actively. Proponents suggest that Shibarium could burn trillions of tokens annually, potentially providing the boost needed to elevate SHIBâs price.In a speculative scenario where 90% of SHIBâs supply is burned, leaving 50 trillion tokens in circulation, the path to $1 presents a staggering challenge. Achieving this milestone would necessitate a market cap of $50 trillion, surpassing even the GDP of the United States, which stands at $23 trillion.Realistically, SHIB would need to burn over 99% of its supply, bringing it down to the billions or even millionsâa formidable task that would span decades at current burn rates. Shibarium, however, offers a ray of hope, potentially expediting and streamlining this complex process.As the crypto community watches with anticipation, Shiba Inuâs journey to $1 remains a fascinating narrative shaped by technological advancements, burn mechanisms, and the dynamic interplay of market forces.#SHIBđ„ #ShibaBurns
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3 tokens gearing up for a 10x increase in 2024! đč
The crypto space is buzzing with anticipation as 2024 approaches, and investors are turning to tokens that promise significant increases in value. đ In this insightful analysis, we will explore three remarkable tokens poised for a remarkable 10x surge, including the revolutionary Retik Finance (RETIK), the resilient Shiba Inu (SHIB), and the innovative Snek (SNEK).
1. Retik Finance (RETIK): bridging financial boundaries! đ
Retik Finance has carved out its niche by bridging the gap between traditional finance and the crypto world. đž SwiftPay and Multi-Tier Accounts bring efficiency to transactions, while their holistic approach positions them as a transformative force. Current pre-sale momentum, anticipated listing in Q3 2024, and visionary long-term outlook make RETIK an attractive prospect.
2. Shiba Inu (SHIB): resilience in the face of market dynamics! đ
Despite market fluctuations, Shiba Inu, the âDogecoin Killer,â remains strong. The launch of the Shibarium Network, strategic burning initiatives, a resilient community, and growing use of Shibarium contribute to SHIB's potential for a 10-fold increase in 2024.
3. Snek (SNEK): Cardanoâs Meme coin with a twist! đ
Snek, residing on the Cardano blockchain, takes a unique approach with its deflationary mechanism. Burning tokens in every transaction aims to reduce supply, and a foray into real-world utility, particularly in play-to-earn, adds a layer of growth potential for SNEK.
đ Stay Ahead, Stay Informed: Follow The Defidraft for Crypto Insights! đ°đĄ
#BTC/Update #ShibaBurns #SHIB
The crypto space is buzzing with anticipation as 2024 approaches, and investors are turning to tokens that promise significant increases in value. đ In this insightful analysis, we will explore three remarkable tokens poised for a remarkable 10x surge, including the revolutionary Retik Finance (RETIK), the resilient Shiba Inu (SHIB), and the innovative Snek (SNEK).
1. Retik Finance (RETIK): bridging financial boundaries! đ
Retik Finance has carved out its niche by bridging the gap between traditional finance and the crypto world. đž SwiftPay and Multi-Tier Accounts bring efficiency to transactions, while their holistic approach positions them as a transformative force. Current pre-sale momentum, anticipated listing in Q3 2024, and visionary long-term outlook make RETIK an attractive prospect.
2. Shiba Inu (SHIB): resilience in the face of market dynamics! đ
Despite market fluctuations, Shiba Inu, the âDogecoin Killer,â remains strong. The launch of the Shibarium Network, strategic burning initiatives, a resilient community, and growing use of Shibarium contribute to SHIB's potential for a 10-fold increase in 2024.
3. Snek (SNEK): Cardanoâs Meme coin with a twist! đ
Snek, residing on the Cardano blockchain, takes a unique approach with its deflationary mechanism. Burning tokens in every transaction aims to reduce supply, and a foray into real-world utility, particularly in play-to-earn, adds a layer of growth potential for SNEK.
đ Stay Ahead, Stay Informed: Follow The Defidraft for Crypto Insights! đ°đĄ
#BTC/Update #ShibaBurns #SHIB
