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SHIB Traders Eye $0.001 as Burn Rate Reaches 1500% High

Coinedition LogoCoinedition2d ago

SHIB Traders Eye $0.001 as Burn Rate Reaches 1500% High - Coinedition

Quick Summary:

Shiba Inu (SHIB), the popular dog-themed meme token, grabbed the market’s attention with a huge jump in its burn rate.

On Friday, SHIB’s burn rate soared by 1500% thanks to the burning of over 30 million tokens.

This event has revived speculation about where the token’s price might be headed.

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SHIB Traders Eye $0.001 as Burn Rate Reaches 1500% High - Coinedition (Picture 1)

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Article Details

Author / Journalist: Maxwell Mutuma

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-03 @ 13:50:00 (2 days ago)

News Timezone: GMT +0:00

News Source URL: coinedition.com

Language: English

Article Length: 168 words

Reading Time: 1 minutes read

Sentences: 55 lines

Sentence Length: 4 words per sentence (average)

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

Copyright Owner: © Coinedition

News ID: 24854201

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About Coinedition

Coinedition Logo

Main Topics: Crypto

Official Website: coinedition.com

Year Established: 2020

Headquarters: India

News Last Updated: 1 days ago

Coverage Areas: India

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: #124

Publisher Details

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The story "SHIB Traders Eye $0.001 as Burn Rate Reaches 1500% High" has 168 words across 55 sentences, which will take approximately 1 - 2 minutes for the average person to read.

Which news outlet covered this story?

The story "SHIB Traders Eye $0.001 as Burn Rate Reaches 1500% High" was covered 2 days ago by Coinedition, a news publisher based in India.

How trustworthy is 'Coinedition' news outlet?

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

The outlet is headquartered in India and publishes an average of 0 news stories per day.

It's most recent story was published 1 days ago.

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  • News ID: #24854201
  • URL: https://beamstart.com/news/shib-traders-eye-0001-as-17359146311478

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