Shiba Inu Burn Rate Soars 108%, But Whale Activity Declines

Quick Summary:

The burn rate has increased by an impressive 108.73% over the past week, with nearly 100 million SHIB removed from circulation.

However, concerns linger about SHIB’s future momentum due to decreased whale activity and limited short-term buying power.

The Shiba Inu (SHIB) community has increased SHIB burns.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Coin Edition

Category: Crypto

Markets: India

Topics: Market Shiba Inu (SHIB) News Binance News Market News Cryptocurrency

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-29 @ 08:00:00 (3 days ago)

News Timezone: GMT +0:00

News Source URL: coinedition.com

Language: English

Article Length: 87 words

Reading Time: 1 minutes read

Sentences: 59 lines

Sentence Length: 2 words per sentence (average)

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

Copyright Owner: © Coinedition

News ID: 23323096

View Article Analysis

About Coinedition

Main Topics: Crypto

Official Website: coinedition.com

Update Frequency: 17 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 9 hours 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

Frequently Asked Questions