SHIB burns +300M tokens: What does it mean for Shiba Inu investors?

Quick Summary:

The recent SHIB burns have surged significantly, with over 300 million tokens burned in just a week.

Despite this, price has continued its downtrend.

In the last 24 hours, the burns have also increased significantly even as the Shiba Inu price continues to decline.

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Article Details

Author / Journalist: Adewale Olarinde

Category: Crypto

Markets: United States

Topics: Shiba Inu News Memecoins Trading View Social News 1

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-24 @ 02:00:17 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 574 words

Reading Time: 4 minutes read

Sentences: 34 lines

Sentence Length: 17 words per sentence (average)

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

Copyright Owner: © AMBCrypto

News ID: 23219158

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About AMBCrypto

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 16 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 11 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #103

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