Shiba Inu Burn Rate Surges 1,166% In One Day As Activity Spikes

Quick Summary:

In a positive turn of events, the Shiba Inu burn rate has seen another notable spike.

This time around, the activity, meaning the number of addresses participating in the burns, has seen a notable increase and the burned tokens have risen by over 1,100% in one day.

In the 24-hour period, a total of 35.29 million tokens have been burned, which is a marked difference from the previous day’s figures.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Scott Matherson

Category: Crypto

Markets: Hungary

Topics: Shib Shiba Inu news Shiba Inu SHIB burn SHIB news SHIBUSDT Shiba Inu price SHIB price Shiba Inu burn SHIBUSD

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-22 @ 03:00:07 (6 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 348 words

Reading Time: 2 minutes read

Sentences: 31 lines

Sentence Length: 12 words per sentence (average)

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

Copyright Owner: © Bitcoinist

News ID: 21333452

View Article Analysis

About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 13 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 8 hours ago

Coverage Areas: Hungary

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: #105

Publisher Details

Frequently Asked Questions