Can Shiba Inu Price Breakout 300%? 128M SHIB Burn Sparks Optimism

Quick Summary:

Shiba Inu price remains bullishly eyed by traders and investors despite the broader market volatility as its burning chronicles constantly kill supply.

The latest burn metrics indicated that nearly 128 million SHIB was burnt over the past week.

Besides, the previous month saw a whopping 1.16 billion tokens removed from the supply via 124 burn transactions.

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Article Details

Category: Crypto

Markets: India

Topics: Altcoin News 24/7 Cryptocurrency News Shib burn Shib burn rate Shiba Inu (SHIB)

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-22 @ 08:03:10 (16 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 488 words

Reading Time: 3 minutes read

Sentences: 41 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 26328672

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 20 posts per day

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News Last Updated: 8 hours ago

Coverage Areas: India

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