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Burn rate of Shiba Inu (SHIB) soars to more than 3000%


The burn rate of Shiba Inu has surpassed 3000% as of June 12, 2024. The 24-hour duration saw more than 232 million SHIB tokens being incinerated. Shibburn’s data revealed that the burn rate was up by 3010.53% to eliminate 232.64 million tokens. The move positively influences the price of $SHIB...

MEW places itself as a competitor for SHIB and DOGE


Dubbed as cat in a dog’s world, the MEW token is poised to eventually dethrone the likes of Shiba Inu ($SHIB) and Dogecoin ($DOGE). The Solana cat meme coin has established itself as a competitor based on its characters, supporting characters, and storyline. The community believes that dog-themed...

SHIB gains overwhelming attention due to hike in token burn rate


Shiba Inu (SHIB) meme coin receives much attention owing to its overwhelming jump in its token burn rate to 3,900%. This is according to Shibburn, a platform meant for monitoring the burning of SHIB tokens. The pricing of SHIB, too, has seen a rise.  The increase in Shiba Inu’s burn rate...

Shiba Inu (SHIB) could break past June trends this year


Previous June trends don’t necessarily depict an optimistic picture for Shiba Inu ($SHIB); however, the market believes that 2024 could be different. Previous records show that SHIB has always declined in June. For example, it fell by 4.75% in 2021 and 12% in 2022. This year, the differentiating...

Crypto update: SHIB loses support, ETH to hit $4k, SOL shows reversal


The crypto market is going through multiple changes, involving some of the biggest names like SHIB, SOL, and ETH. Shiba Inu, the popular meme coin, is about to lose important price ground. It relies on the support levels to kick in if the price drops. The asset has been trying to stay afloat above...

SHIB, ETH, and XRP experience a roller coaster


SHIB, ETH, and XRP have experienced roller coaster journeys. SHIB has experienced a price increase, ETH has disappointed investors, and XRP has perplexed analysts.  In the case of Shiba Inu’s SHIB, the meme token went past the $0.000025 barrier, touched the 50 EMA, and is looking towards $0.00003....

Shiba Inu Holders Shift Funds to This New Bitcoin ICO, Chasing 1,000% Gains


As the Shiba Inu (SHIB) price pulls lower from earlier session highs, traders are shifting funds to a new Bitcoin ICO called 99Bitcoins (99BTC) as they chase 1,000% potential gains. The post Shiba Inu Holders Shift Funds to This New Bitcoin ICO, Chasing 1,000% Gains appeared first on Cryptonews

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