Shiba Inu burn rate plummets 90% – How this will impact SHIB prices in 2025

Quick Summary:

Shiba Inu's recent downtick in burn rate sparks speculation as the price remains under pressure amid a crypto crash.

This indicated that the community’s efforts to reduce the supply remain active, even though the short-term burn rate has decreased.

Shiba Inu [SHIB] has seen fluctuations in its burn rate recently, with a dramatic 90.69% drop in burns over the last 24 hours.

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Article Details

Author / Journalist: Samantha LKM

Category: Crypto

Markets: United StatesMali

Topics: Social Memecoins Trading View News News 1 Shiba Inu

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-30 @ 23:00:02 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 571 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: 24762929

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About AMBCrypto

Main Topics: Crypto

Official Website: ambcrypto.com

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Year Established: 2018

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

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