Shiba Inu Burn Rate Skyrockets 28,554% Fueling Bullish Hopes
TL;DR: Shiba Inuās burn rate skyrocketed 28,554%, destroying 29.4 million SHIB in 24 hours. Total burned tokens reached 410.7 trillion, shrinking supply. The event renewed community
Shiba Inu [SHIB] has become one of the largest market cap Meme-based cryptocurrencies (memecoin) along with Dogecoin.
While it does not have any technology behind it that brings new value to the blockchain world, there is a significant community of investors backing Shiba.
Shiba Inu has seen exponential growth since its launch in August 2020. As such, it is one of the digital currencies generating trend among investors.
Recently, it has expanded its utility by launching a decentralized Exchange of its own, ShibaSwap. This has attracted the attention of the community.
Get all the details and latest Shiba Inu news.
TL;DR: Shiba Inuās burn rate skyrocketed 28,554%, destroying 29.4 million SHIB in 24 hours. Total burned tokens reached 410.7 trillion, shrinking supply. The event renewed community
TL;DR Coinbase moved 1,265,207,242,406 SHIB across five large blocks over two days, using empty addresses that returned the tokens to the exchange. Each transfer listed the
TL;DR A malicious website imitating the official Shiba Inu page is actively stealing funds. Scammers are promoting fake “airdrops” and bonuses to lure victims. The SHIB
TL;DR Shiba Inu plummeted more than 8.5% in 24 hours, returning to trade with five zeros ($0.000009351). The ecosystem’s marketing lead, Lucie, issued a message of
TL;DR A Coinbase-linked user burned over 140 million Shiba Inu tokens in a single transaction, marking the largest individual SHIB burn in nearly three months. The
TL;DR Shiba Inu has seen one of its largest whale moves this month, with 161.3 billion SHIB withdrawn from Coinbase into a new Ethereum wallet. The
TL;DR Accountability: Shibarium devs admit validator key mismanagement, with leadership accepting responsibility and reviewing custody practices. Security Response: Immediate containment, custody migration, and a four-phase roadmap
TL;DR Shiba Inu’s Audit Completion: Cybersecurity firm Hexens finalized a full review of LEASH v2, confirming the removal of minting functions and validating the migration systemās
TL;DR Over 327 million SHIB were removed from circulation this week, with a single transfer burning 263.7 million tokens. The weekly burn rate skyrocketed by 300%,
TL;DR Shytoshi Kusama steps down as Shiba Inu leader, transitioning to the role of lead ambassador to promote global adoption of Shiba Inuās technologies. Under Kusama’s
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