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SHIB Burn Rate Skyrockets 133%, Is a Break Above $0.00001653 Imminent?

TheNewsCrypto LogoTheNewsCrypto18h ago

SHIB Burn Rate Skyrockets 133%, Is a Break Above $0.00001653 Imminent? - TheNewsCrypto

Quick Summary:

The second largest memecoin, Shiba Inu (SHIB), has been trading sluggishly recently, struggling to break the downtrend for months.

Over the past 24 hours, the memecoin attempted to break the $0.00001600 but failed as the bears overtook the bulls.

Whale activity on the #ShibaInu $SHIB network has declined by 79% over the past three months.pic.twitter.

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SHIB Burn Rate Skyrockets 133%, Is a Break Above $0.00001653 Imminent? - TheNewsCrypto (Picture 1)

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Article Details

Author / Journalist: Zayan

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-22 @ 12:41:43 (18 hours ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 392 words

Reading Time: 3 minutes read

Sentences: 35 lines

Sentence Length: 12 words per sentence (average)

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

Copyright Owner: © TheNewsCrypto

News ID: 26333731

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About TheNewsCrypto

TheNewsCrypto Logo

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 33 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 12 hours ago

Coverage Areas: United Arab Emirates

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #125

Publisher Details

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The story "SHIB Burn Rate Skyrockets 133%, Is a Break Above $0.00001653 Imminent?" has 392 words across 35 sentences, which will take approximately 2 - 4 minutes for the average person to read.

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The story "SHIB Burn Rate Skyrockets 133%, Is a Break Above $0.00001653 Imminent?" was covered 18 hours ago by TheNewsCrypto, a news publisher based in United Arab Emirates.

How trustworthy is 'TheNewsCrypto' news outlet?

TheNewsCrypto is news outlet established in 2020 that covers mostly crypto news.

The outlet is headquartered in United Arab Emirates and publishes an average of 33 news stories per day.

It's most recent story was published 12 hours ago.

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  • News ID: #26333731
  • URL: https://beamstart.com/news/shib-burn-rate-skyrockets-133-17402412474674

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