Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 12450
Markets: 96130
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
Market Cap
24h Vol
12450
Cryptocurrencies
55.82%
Bitcoin Share
CoinGape 2025-01-14 14:13:31

Shiba Inu Burn Rate Rockets Over 2000% Sparking Optimism Over SHIB Price Rally

Shiba Inu Burn Rate Rockets Over 2000% Sparking Optimism Over SHIB Price Rally

Shiba Inu burn rate has surged significantly in the last 24 hours. Over 21 million SHIB tokens have been burned in the last 24 hours, bringing down the circulating supply to create scarcity and mark upticks in price. The community is anticipating further price rises in the days to come, especially with the launch of TREAT tokens. Shiba Inu Burn Rate Soars by 2200% According to an X post by Shibburn , the Shiba Inu burn rate has surged by 2229.01% in the last 24 hours. This marks the elimination of 21,065,740 SHIB. This has brought the total supply to 589,256,928,688,831. The objective behind burning SHIB tokens is to create scarcity, which would fuel price rise due to the lower supply of the token in circulation. The bullish speculation for SHIB picked pace in the last 7 days. The buzz signal that the meme coin has gained sufficient momentum ahead of the launch of TREAT tokens. SHIB Price Analysis Shiba Inu price today is up by 5.71%, exchanging hands at $0.00002142 with a significant rise of 9.60% in the 24-hour trading volume. Ongoing sentiments towards SHIB are bearish, however, the community is upbeat on the upside move after a significant rise in Shiba Inu burn rate. Meanwhile, SHIB price analysis by CoinGape indicates that SHIB is inevitable as the token may reach $0.001 in January. This growth would be backed by the adoption of Shibarium, strategic SHIB burn, and bullish market trends. Overall, the top meme coins are reporting a positive rally in their values over 24 hours. For instance, DOGE is up by 9.62% and PEPE has soared by 6.37% in a single day. This reflects the growing bullish sentiment for the meme coin sector within the crypto community. TREAT Token Launch In addition, TREAT token launch is scheduled to happen later today. Top crypto exchanges such as Kucoin and Gate.io have planned will list TREAT. Withdrawals for TREAT will commence on January 15. Traders who have their accounts on listed platforms shall be considered eligible for TREAT airdrops. TREAT launch will see other platforms list the token in the times to come, giving it more visibility among crypto enthusiasts. TREAT token pre-listing highlights continue to showcase high demand even before it is launched. The post Shiba Inu Burn Rate Rockets Over 2000% Sparking Optimism Over SHIB Price Rally appeared first on CoinGape .

Most Read News



Cryptohopper
hardware wallets, hardware , wallets, Crypto Currency, Cryptocurrency hardware wallets, Crypto Apparal, crypto wallet, Cryptocurrency wallets

Market Cap
24h Vol
55.82%
Bitcoin Share
0
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.