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Shiba Inu Burn Rate Skyrockets 200,000% in 24 Hours – Is a Price Surge Next?


Dimitar Dzhondzhorov
для CryptoPotato

TL;DR

  • SHIB’s burn rate explosion in a single day has sparked renewed hopes that the meme coin could post substantial gains in the short term.
  • However, the decreased activity on Shibarium and the recent asset flow toward exchanges suggest the bears are not done yet.

Millions of SHIB Tokens in Flames

The second-largest meme coin in terms of market capitalization has retraced by 3% in the past week and currently trades at around $0.00001223 (per CoinGecko’s data). 

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Shiba Inu (SHIB) Awakens: Is a Mega Rally About to Begin?

Shiba Inu (SHIB) Awakens: Is a Mega Rally About to Begin?

Despite the green week, SHIB remains out of crypto's top 30 club.
Binance Warns About a Dangerous Scam: What Every User Must Know

Binance Warns About a Dangerous Scam: What Every User Must Know

Binance users are often targeted by fraudsters: check out the latest danger.

Shiba Inu Burn Rate Skyrockets 200,000% in 24 Hours – Is a Price Surge Next?


Dimitar Dzhondzhorov
для CryptoPotato

TL;DR

  • SHIB’s burn rate explosion in a single day has sparked renewed hopes that the meme coin could post substantial gains in the short term.
  • However, the decreased activity on Shibarium and the recent asset flow toward exchanges suggest the bears are not done yet.

Millions of SHIB Tokens in Flames

The second-largest meme coin in terms of market capitalization has retraced by 3% in the past week and currently trades at around $0.00001223 (per CoinGecko’s data). 

Читать материал на CryptoPotato

Читать больше

Shiba Inu (SHIB) Awakens: Is a Mega Rally About to Begin?

Shiba Inu (SHIB) Awakens: Is a Mega Rally About to Begin?

Despite the green week, SHIB remains out of crypto's top 30 club.
Binance Warns About a Dangerous Scam: What Every User Must Know

Binance Warns About a Dangerous Scam: What Every User Must Know

Binance users are often targeted by fraudsters: check out the latest danger.