CryptoMediaClub
Monday, July 7, 2025
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home Altcoins

Shiba Inu’s Super Strike: Burn Rate Spikes 30929% in Last 24H

14.04.2023
A A
0
129
VIEWS
ShareShare

Shiba Inu

  • In the last 24 hours, SHIB rallied 2% in price and 27% in trading volume.
  • Over 410.6 trillion SHIB are burnt from the initial supply up-to-date.

The burn rate of Shiba Inu (SHIB) enormously rose to 30929.3% in the last 24 hours. A single giant transaction initiated the burn of 1,494,278,561 SHIB, worth $16,885 at press time. The official SHIB burn tracker, Shibburn, detected this burn activity at 07:14:59 UTC.

SHIB Burn Rate in Last 24hrs (Source: Shibburn)

As per the portal, at the time of writing, Shiba Inu stood with a circulating supply of 573,935,573,168,902 SHIB after burning approximately 410,632,896,262,191 tokens.

In recent times, the hike in burn rate failed in triggering a price gain in SHIB. But contrarily, at this cycle, Shiba Inu (SHIB) recorded a bullish 24-hour price change. The market sentiment and adoption rates coordinated with the burn rate to favor the goal of burning — accelerating scarcity to increase value.

At press time, as per CMC, SHIB traded at $0.00001134, up 2.25% in the last 24 hours, and held a market cap of $6,687,863,752. Alongside the token, Shibarium’s Beta testnet, Puppynet, also achieved significant milestones this week.

On the other hand, SHIB’s memecoin pioneer — Dogecoin (DOGE) — exhibited a notable surge in its 24-hour trading volume. The rise in DOGE was initiated predominantly by Elon Musk’s constant support.

Recommended For You

  • Shiba Inu (SHIB) Price Prediction
Share10Tweet6ShareSharePin2

Related Posts

Solana gains 80% in a month as Firedancer goes live on testnet
Altcoins

Solana gains 80% in a month as Firedancer goes live on testnet

02.11.2023
0

Solana (SOL) has posted 30-day gains of nearly 81%, and has rallied over 30% in the past week amid the...

Read moreDetails
Price analysis 10/30: SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON

Price analysis 10/30: SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON

30.10.2023
Bitcoin price hovers near $35K as ETH, APT, QNT and RUNE turn bullish

Bitcoin price hovers near $35K as ETH, APT, QNT and RUNE turn bullish

30.10.2023
Chainlink leads the market with 61% weekly gain — What’s driving LINK price?

Chainlink leads the market with 61% weekly gain — What’s driving LINK price?

27.10.2023
FLOKI price soars 140% in a week — Are memecoins like DOGE, PEPE finally waking up?

FLOKI price soars 140% in a week — Are memecoins like DOGE, PEPE finally waking up?

27.10.2023
Load More
Next Post
Crypto exchange Bitrue suffers $23M hack due to hot wallet exploit

Crypto exchange Bitrue suffers $23M hack due to hot wallet exploit

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

Bybit CEO Vows to Get better Stolen Funds, Discusses Risk of Ethereum Blockchain Rollout

Bybit CEO Vows to Get better Stolen Funds, Discusses Risk of Ethereum Blockchain Rollout

4 months ago
Less than 50% of Hong Kong retail crypto investors aware of relevant regulations: Survey

Less than 50% of Hong Kong retail crypto investors aware of relevant regulations: Survey

2 years ago
China’s Finance Ministry Imposes Tariffs in Retaliation to U.S. Commerce Measures

China’s Finance Ministry Imposes Tariffs in Retaliation to U.S. Commerce Measures

5 months ago
South Korea Approves Crypto Regulatory Bill Amid Global Crackdown

South Korea Approves Crypto Regulatory Bill Amid Global Crackdown

2 years ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

Coinsilium’s Strategic Bitcoin Accumulation: A Bold Move in Digital Assets

Fukuoka Financial Group to Develop Stablecoin and Web3 Wallet on Solana

Bitcoin Price Prediction: ‘Rich Dad Poor Dad’ Kiyosaki Hopes for a Massive Crash – What is Smart Money Expecting?

Bitcoin Price: Unveiling Four Crucial Trends Shaping BTC This Week

Mercado Bitcoin to Tokenize $200 Million in Financial Assets on XRP Ledger

Why Is Crypto Up Today? – July 7, 2025

Trending

BONK’s SOL Buying Spree Counters Pump.Fun $741M Sell-off – Can LetsBONK Trigger 70% Pump?
All news

BONK’s SOL Buying Spree Counters Pump.Fun $741M Sell-off – Can LetsBONK Trigger 70% Pump?

07.07.2025
0

The BONK-powered memecoin launchpad, LetsBONK, continues to demonstrate its value proposition for both Solana and the broader...

Canaan’s Astounding 1,484 BTC Holdings: A Bitcoin Mining Powerhouse Emerges

Canaan’s Astounding 1,484 BTC Holdings: A Bitcoin Mining Powerhouse Emerges

07.07.2025
Pepe Price Prediction: PEPE Explodes Out of Falling Wedge Pattern – $1 PEPE Next Target?

Pepe Price Prediction: PEPE Explodes Out of Falling Wedge Pattern – $1 PEPE Next Target?

07.07.2025
Coinsilium’s Strategic Bitcoin Accumulation: A Bold Move in Digital Assets

Coinsilium’s Strategic Bitcoin Accumulation: A Bold Move in Digital Assets

07.07.2025
Fukuoka Financial Group to Develop Stablecoin and Web3 Wallet on Solana

Fukuoka Financial Group to Develop Stablecoin and Web3 Wallet on Solana

07.07.2025
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz