SHIB Burn Rate Rockets 4100%, Analysts Target $0.0005 On Bullish Patterns Formation

Quick Summary:

Notably, the burn rate has rocketed more than 4,100% today, bolstering market sentiment amid the already bullish momentum noted in the broader crypto market.

The recent surge in the SHIB burn rate has sparked optimism, as evidenced by the recent Shiba Inu price rally.

Meanwhile, with the latest Shiba Inu burn frenzy, a total of 410.73 trillion tokens were burnt from the initial supply, and the current circulating supply stood at 589.21 trillion.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Rupam Roy

Category: Crypto

Markets: India

Topics: 24/7 Cryptocurrency News Shiba inu burn Shiba Inu(SHIB) Shib burn Shiba Inu (SHIB) PRICE

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-23 @ 12:06:09 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 478 words

Reading Time: 3 minutes read

Sentences: 37 lines

Sentence Length: 13 words per sentence (average)

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

Copyright Owner: © CoinGape

News ID: 23778758

View Article Analysis

About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 20 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #59

Publisher Details

Frequently Asked Questions