SHIB Burn Skyrockets 3400%, Shiba Inu Rally To Continue?

Quick Summary:

The latest SHIB burn data has once again ignited a tidal wave of optimism surrounding the renowned dog-themed meme crypto, Shiba Inu.

Notably, the meme coin’s supply continues to take a blow, as indicated by a nearly 3,400% upsurge in the burn rate on Tuesday.

Besides, it also comes as the investors anticipate a further rally in the crypto’s price, indicating market optimism amid an ongoing monthly price rally of over 70%.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: Crypto

Markets: India

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

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-03 @ 13:17:25 (1 days ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 400 words

Reading Time: 3 minutes read

Sentences: 34 lines

Sentence Length: 12 words per sentence (average)

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

Copyright Owner: © CoinGape

News ID: 24092534

View Article Analysis

About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 28 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

Publisher Details

Frequently Asked Questions