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SHIB Burn Rate Surges 3000%, Can Shiba Inu Coin Reach $0.001?

CoinGape LogoCoinGape11h ago

SHIB Burn Rate Surges 3000%, Can Shiba Inu Coin Reach $0.001? - CoinGape

Quick Summary:

The renowned dog-themed meme cryptocurrency Shiba Inu once again garnered optimism with a substantial surge in SHIB burn on Tuesday.

Burn data streamlined by the community’s tracker revealed a whopping 3300% uptick as millions of coins were taken out of the total supply in the past 24 hours.

At the time of reporting, SHIB price illustrated a marginal 0.4% drop in value over the past day, resting at $0.00001329.


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Article Details

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-17 @ 10:00:06 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 445 words

Reading Time: 3 minutes read

Sentences: 38 lines

Sentence Length: 12 words per sentence (average)

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

Copyright Owner: © CoinGape

News ID: 22565251

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About CoinGape

CoinGape Logo

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 22 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 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

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The story "SHIB Burn Rate Surges 3000%, Can Shiba Inu Coin Reach $0.001?" was covered 11 hours ago by CoinGape, a news publisher based in India.

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