It is not unusual for SHIB to experience volatility that cuts across the two ends of the divide — high and low. While the impact of the volatility is a constant, so too is the influence of the cryptocurrency's key deflationary metric, the burn rate.
The burn rate is a measure of the SHIB supply that is sent to dead wallets and taken out of circulation.by 1,439.92%, with a total of 15,399,176 SHIB tokens sent to a dead wallet. This is evidence that there are many transactions going on in the Shiba Inu ecosystem producing the SHIB to be burnt.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Pepe (PEPE) Surpasses Shiba Inu (SHIB) in Trading VolumePepe (PEPE) has overtaken Shiba Inu (SHIB) in daily trading volume, with $93.9 million and $69 million, respectively
Source: Utoday_en - 🏆 295. / 63 Read more »
Shiba Inu Burn Rate Plummets With Only 22 Million SHIB Burned in Week22 million SHIB burned in week as Shiba Inu burning takes a dive Shibburn ShibArmy SHIBCommunity $SHIB
Source: Utoday_en - 🏆 295. / 63 Read more »
6.4 Trillion Shiba Inu (SHIB) Bought in One Week — But Is There Catch?Trillions of $SHIB purchased by Shiba Inu bulls this week, but there is a nuance shibainu shib shibarmy shibarium shibaeternity shibadoge shibburn bone
Source: Utoday_en - 🏆 295. / 63 Read more »
Shiba Inu (SHIB) Trend Reversal Incoming? Here's WhyShiba Inu could be entering recovery mode quite soon as bearish rally is fading
Source: Utoday_en - 🏆 295. / 63 Read more »
Shibarium About to Get New Crucial Feature, Here's What It IsShibaInu team working to build a new feature for Shibarium that will allow users to swap tokens $SHIB LucieSHIB ShytoshiKusama
Source: Utoday_en - 🏆 295. / 63 Read more »
SHIB Price Analysis for April 30Can SHIB grow against other cryptocurrencies?
Source: Utoday_en - 🏆 295. / 63 Read more »