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Shiba Inu Coin Burn Rate Blows Up 2000%, What’s Next For SHIB Price?

CoinGape LogoCoinGape11h ago

Shiba Inu Coin Burn Rate Blows Up 2000%, What’s Next For SHIB Price? - CoinGape

Quick Summary:

Shiba Inu coin garnered considerable investor enthusiasm on Saturday as its burn rate noted a whopping 2000% uptick.

The latest data from Shibburn revealed that over 200 million SHIB taken out of the meme coin’s supply in the past 24 hours.

Moreover, a stockpile of upcoming ecosystem developments has further solidified sentiments of increased SHIB adoption ahead.


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Shiba Inu Coin Burn Rate Blows Up 2000%, What’s Next For SHIB Price? - CoinGape (Picture 1)Shiba Inu Coin Burn Rate Blows Up 2000%, What’s Next For SHIB Price? - CoinGape (Picture 2)

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Article Details

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-07 @ 09:07:40 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 462 words

Reading Time: 3 minutes read

Sentences: 42 lines

Sentence Length: 11 words per sentence (average)

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

Copyright Owner: © CoinGape

News ID: 22396613

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About CoinGape

CoinGape Logo

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 14 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

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: #59

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The story "Shiba Inu Coin Burn Rate Blows Up 2000%, What’s Next For SHIB Price?" has 462 words across 42 sentences, which will take approximately 2 - 4 minutes for the average person to read.

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The story "Shiba Inu Coin Burn Rate Blows Up 2000%, What’s Next For SHIB Price?" was covered 11 hours ago by CoinGape, a news publisher based in India.

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CoinGape is a fully independent (privately-owned) news outlet established in 2017 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 14 news stories per day.

It's most recent story was published 9 hours ago.

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  • URL: https://beamstart.com/news/shiba-inu-coin-burn-rate-17257006085866

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