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ShibaBurn

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Crypto Scoop
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Bullish
Shiba Inu’s Shibarium Clears 5M Transactions After Massive Spike Shibarium, the innovative layer-2 solution for Shiba Inu cryptocurrency, has achieved a landmark 5 million transactions. Shibarium's recent performance has been nothing short of extraordinary. The network reported nearly 35,000 transactions on Tuesday, followed by over 29,000 on Wednesday. This surge marks the highest peak in transaction volume since October 25, when Shibarium processed a record 62,000 transactions.  Earlier this month, the platform experienced a notable spike in activity, but nothing comparable to the current levels.  This resurgence is a positive sign for Shibarium, especially considering its previous lows, where daily transactions had once dipped below 10,000. Apart from the impressive transaction count, Shibarium's overall statistics paint a picture of a robust and expanding ecosystem.  The total number of transactions has soared to 5.234 million. Shibarium currently hosts over 30,369 accounts and 1.277 million addresses.  The network has processed over 301,237 BONE transfers and supports a diverse array of 8,575 tokens.  With 1.883 million blocks mined and 14,299 contracts deployed, Shibarium has established itself as a significant player in the DeFi space. #SHIBFuture #SHIBSurge #ShibaInuUpdate #shibaburn #shibawhale $SHIB $SOL $XRP
Shiba Inu’s Shibarium Clears 5M Transactions After Massive Spike

Shibarium, the innovative layer-2 solution for Shiba Inu cryptocurrency, has achieved a landmark 5 million transactions.

Shibarium's recent performance has been nothing short of extraordinary. The network reported nearly 35,000 transactions on Tuesday, followed by over 29,000 on Wednesday. This surge marks the highest peak in transaction volume since October 25, when Shibarium processed a record 62,000 transactions.  Earlier this month, the platform experienced a notable spike in activity, but nothing comparable to the current levels.  This resurgence is a positive sign for Shibarium, especially considering its previous lows, where daily transactions had once dipped below 10,000.

Apart from the impressive transaction count, Shibarium's overall statistics paint a picture of a robust and expanding ecosystem.  The total number of transactions has soared to 5.234 million. Shibarium currently hosts over 30,369 accounts and 1.277 million addresses.  The network has processed over 301,237 BONE transfers and supports a diverse array of 8,575 tokens.  With 1.883 million blocks mined and 14,299 contracts deployed, Shibarium has established itself as a significant player in the DeFi space.
#SHIBFuture #SHIBSurge #ShibaInuUpdate #shibaburn #shibawhale
$SHIB $SOL $XRP
Turning $100 into $1 Million with $SHIB by 2025 – Myth or Reality?The possibility of converting a modest $100 investment into $1 million through Shiba Inu ($SHIB) has captivated crypto enthusiasts worldwide. But is this aspiration grounded in reality, or is it an unattainable dream? Let’s dissect this idea using data, market insights, and projections. 1️⃣ $SHIB’s Current Value and Investment Potential Price Snapshot: If $SHIB is trading at $0.00001, a $100 investment would fetch you 10 million tokens. Path to $1 Million: For those 10 million tokens to reach $1 million, $SHIB would need to hit $0.10, which represents a 10,000x increase in value. 2️⃣ Market Cap Reality Check What’s Needed to Hit $0.10? For $SHIB to reach $0.10, its market cap would likely exceed hundreds of trillions of dollars—far surpassing the projected $2–3 trillion total global crypto market cap in 2025. Perspective on Scale: Even Bitcoin, the top cryptocurrency by market cap, has never approached such astronomical valuations. 3️⃣ Key Factors Shaping $SHIB’s Future 🔥 Burn Mechanisms Aggressive Token Burns: SHIB’s burn strategy aims to reduce its circulating supply. While significant burns could push prices upward, achieving the scale necessary to support $0.10 is unprecedented. 🌍 Adoption and Utility Ecosystem Development: For SHIB to move beyond a meme coin, it must develop real-world applications, such as: Mainstream Payment Integrations Blockchain-based Applications Institutional Trust 📈 Speculative Hype Meme coins like SHIB often see sharp spikes due to FOMO (fear of missing out). However, these rallies are speculative and short-lived without fundamental support. 4️⃣ Realistic Expectations for $SHIB’s Future What’s Likely: A moderate rise in $SHIB’s price is feasible, but a 10,000x increase by 2025 is highly improbable due to market dynamics. What to Do: Diversify: Don’t put all your funds into one coin. Strategize: Focus on a mix of high-risk and fundamental assets. Stay Updated: Leverage Binance’s tools for market insights and trading strategies. 🚀 Conclusion: Dream Big, But Stay Grounded While turning $100 into $1 million through SHIB is an enticing idea, the odds are slim. Investors must balance their portfolios with informed strategies, leveraging Binance’s innovative trading tools, staking options, and educational resources to achieve sustainable growth. What’s Your Take? Is SHIB your moonshot for 2025, or are you exploring diversified opportunities? Join the conversation and start your journey with Binance today! #SHIB2025 #CryptoMillionaire #MemeCoin #ShibaBurn #BinanceInnovation {spot}(SHIBUSDT)

Turning $100 into $1 Million with $SHIB by 2025 – Myth or Reality?

The possibility of converting a modest $100 investment into $1 million through Shiba Inu ($SHIB ) has captivated crypto enthusiasts worldwide. But is this aspiration grounded in reality, or is it an unattainable dream? Let’s dissect this idea using data, market insights, and projections.
1️⃣ $SHIB ’s Current Value and Investment Potential
Price Snapshot: If $SHIB is trading at $0.00001, a $100 investment would fetch you 10 million tokens.
Path to $1 Million: For those 10 million tokens to reach $1 million, $SHIB would need to hit $0.10, which represents a 10,000x increase in value.
2️⃣ Market Cap Reality Check
What’s Needed to Hit $0.10?
For $SHIB to reach $0.10, its market cap would likely exceed hundreds of trillions of dollars—far surpassing the projected $2–3 trillion total global crypto market cap in 2025.
Perspective on Scale:
Even Bitcoin, the top cryptocurrency by market cap, has never approached such astronomical valuations.
3️⃣ Key Factors Shaping $SHIB ’s Future
🔥 Burn Mechanisms
Aggressive Token Burns:
SHIB’s burn strategy aims to reduce its circulating supply. While significant burns could push prices upward, achieving the scale necessary to support $0.10 is unprecedented.
🌍 Adoption and Utility
Ecosystem Development:
For SHIB to move beyond a meme coin, it must develop real-world applications, such as:
Mainstream Payment Integrations
Blockchain-based Applications
Institutional Trust
📈 Speculative Hype
Meme coins like SHIB often see sharp spikes due to FOMO (fear of missing out). However, these rallies are speculative and short-lived without fundamental support.
4️⃣ Realistic Expectations for $SHIB ’s Future
What’s Likely:
A moderate rise in $SHIB ’s price is feasible, but a 10,000x increase by 2025 is highly improbable due to market dynamics.
What to Do:
Diversify: Don’t put all your funds into one coin.
Strategize: Focus on a mix of high-risk and fundamental assets.
Stay Updated: Leverage Binance’s tools for market insights and trading strategies.
🚀 Conclusion: Dream Big, But Stay Grounded
While turning $100 into $1 million through SHIB is an enticing idea, the odds are slim. Investors must balance their portfolios with informed strategies, leveraging Binance’s innovative trading tools, staking options, and educational resources to achieve sustainable growth.
What’s Your Take? Is SHIB your moonshot for 2025, or are you exploring diversified opportunities? Join the conversation and start your journey with Binance today!
#SHIB2025 #CryptoMillionaire #MemeCoin #ShibaBurn #BinanceInnovation
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$SHIB I am a big supporter of #shiba but at the same time I am realistic, with a circulating supply of 580 T it is mathematically impossible for it to reach 1 cent or 1 dollar. We must hope for Kusama in a direct burn of 500 trillion.. #shibarium must burn billions of tokens #shiba per week but taking a look at the data of #shibaburn it is not happening. The highest market cap for an asset is gold, as per the graph 13 trillion.. it's the value.. shiba can't get there unless the community of #shibarmy and kusama decide to burn 500 trillion
$SHIB I am a big supporter of #shiba but at the same time I am realistic, with a circulating supply of 580 T it is mathematically impossible for it to reach 1 cent or 1 dollar. We must hope for Kusama in a direct burn of 500 trillion.. #shibarium must burn billions of tokens #shiba per week but taking a look at the data of #shibaburn it is not happening.

The highest market cap for an asset is gold, as per the graph 13 trillion.. it's the value.. shiba can't get there unless the community of #shibarmy and kusama decide to burn 500 trillion
SHIB held over $0.00001050, giving Shiba Inu holders 32.5% monthly gainsOn December 23, the SHIB team destroyed Shiba Inu tokens that had a value of over one hundred thousand dollars. So far, the SHIB team has burned a total of 33.6 billion Shiba Inu tokens, which has effectively reduced the amount of tokens that are currently in circulation. As a result of the SHIB price being over $0.00001050, Shiba Inu holders have seen monthly gains of 32.5%. An aggregate of 33.6 billion SHIB tokens have been destroyed by the Shiba Inu team. As a result of this action, the selling pressure on the meme currency has decreased, which has led to a decrease in the supply that is around. SHIB price improvements are supported by on-chain measures, which also provide credence to a positive stance for the asset. The bullish thesis for meme coin is supported by the SHIB burn. Shiba Inu token burn is one of the catalysts that encourages SHIB gains by limiting the amount of the asset that is circulating that is available for purchase. In addition to Binance's participation in the SHIB burn, other entities, like as the Shiba Inu team, have also set fire to the tokens, which has had a comparable effect on the price of the meme currency. Since the beginning of the project, the Shiba Inu team has destroyed a total of 33.6 billion SHIB tokens. A marketing professional for Shibarium who goes by the name LucieSHIB and is prominent on X shared the fourth burn statistics with the community. During the month of December, a total of 25.7 billion SHIB tokens were destroyed, according to the data that was obtained from the Shibburn tracker. Although meme currencies in other ecosystems experienced a surge in value, the price of Shiba Inu generated monthly gains of 35% for holders. Based on the indicators that are available on the blockchain, the Shiba-Inu-themed meme coin is on the right road to start its comeback. On December 24th, the supply of SHIB on exchanges drastically decreased to 7.82%. The amount of selling pressure exerted on the asset across all exchange platforms has significantly decreased as a result of this. Due to the optimistic signal that was generated by on-chain measures, it is highly probable that the price of SHIB will continue to maintain its current gains and start a rebound. #SHIB💥 #shibaburn #Shibaprice $SHIB

SHIB held over $0.00001050, giving Shiba Inu holders 32.5% monthly gains

On December 23, the SHIB team destroyed Shiba Inu tokens that had a value of over one hundred thousand dollars.
So far, the SHIB team has burned a total of 33.6 billion Shiba Inu tokens, which has effectively reduced the amount of tokens that are currently in circulation.
As a result of the SHIB price being over $0.00001050, Shiba Inu holders have seen monthly gains of 32.5%.
An aggregate of 33.6 billion SHIB tokens have been destroyed by the Shiba Inu team. As a result of this action, the selling pressure on the meme currency has decreased, which has led to a decrease in the supply that is around. SHIB price improvements are supported by on-chain measures, which also provide credence to a positive stance for the asset.
The bullish thesis for meme coin is supported by the SHIB burn.
Shiba Inu token burn is one of the catalysts that encourages SHIB gains by limiting the amount of the asset that is circulating that is available for purchase. In addition to Binance's participation in the SHIB burn, other entities, like as the Shiba Inu team, have also set fire to the tokens, which has had a comparable effect on the price of the meme currency.
Since the beginning of the project, the Shiba Inu team has destroyed a total of 33.6 billion SHIB tokens. A marketing professional for Shibarium who goes by the name LucieSHIB and is prominent on X shared the fourth burn statistics with the community.

During the month of December, a total of 25.7 billion SHIB tokens were destroyed, according to the data that was obtained from the Shibburn tracker. Although meme currencies in other ecosystems experienced a surge in value, the price of Shiba Inu generated monthly gains of 35% for holders.
Based on the indicators that are available on the blockchain, the Shiba-Inu-themed meme coin is on the right road to start its comeback. On December 24th, the supply of SHIB on exchanges drastically decreased to 7.82%. The amount of selling pressure exerted on the asset across all exchange platforms has significantly decreased as a result of this. Due to the optimistic signal that was generated by on-chain measures, it is highly probable that the price of SHIB will continue to maintain its current gains and start a rebound.

#SHIB💥 #shibaburn #Shibaprice $SHIB
Shiba vai passar 3 moedas em capitalização total e ficar, por enatras do xRP, em 10 dias, ultrapassará a XRP e ficará colada no SOL $SHIB #shibaburn #shibarium #Shibainu
Shiba vai passar 3 moedas em capitalização total e ficar, por enatras do xRP, em 10 dias, ultrapassará a XRP e ficará colada no SOL $SHIB #shibaburn #shibarium #Shibainu
Sim, em até 10 dias
80%
Em mais de 10 dias
20%
10 votes • Voting closed
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Bearish
🤯$SHIB fam! Get Ready for Some Mind-Blowing Updates! 🚀🔥 Hey there, $SHIB fam! Are you ready for some big news? Because I've got some mind-blowing updates for you that will leave you feeling absolutely amazed! I mean, we're talking about news that's going to set the crypto world on fire. News that's going to take to new heights and make it one of the hottest tokens out there. I don't want to give too much away, but let's just say that this news is going to be a game-changer. It's going to shake things up and put in the spotlight like never before. So, get ready to buckle up and hold on tight because this is going to be one wild ride. And if you're not already invested in $SHIB now's the time to jump on board because things are about to get crazy! Stay tuned for more updates, and let's keep pushing B to the moon! 🔥🚀 #SHIB/𝗨𝗦𝗗𝗧 #shibarium #shibaburn
🤯$SHIB fam! Get Ready for Some Mind-Blowing Updates! 🚀🔥
Hey there, $SHIB fam! Are you ready for some big news? Because I've got some mind-blowing updates for you that will leave you feeling absolutely amazed!
I mean, we're talking about news that's going to set the crypto world on fire. News that's going to take to new heights and make it one of the hottest tokens out there.
I don't want to give too much away, but let's just say that this news is going to be a game-changer. It's going to shake things up and put in the spotlight like never before.
So, get ready to buckle up and hold on tight because this is going to be one wild ride. And if you're not already invested in $SHIB now's the time to jump on board because things are about to get crazy!
Stay tuned for more updates, and let's keep pushing B to the moon! 🔥🚀 #SHIB/𝗨𝗦𝗗𝗧 #shibarium #shibaburn
🔥🐶 $SHIB a Inu Burn Rate Jumps 33%—What’s Happening? 🔥💰 After a slow start to the week, Shiba Inu’s burn rate just surged by 33%—but is it enough to shake off selling pressure? 🤔💭 🔥 SHIB Burn Update 🚀 18,684,231 SHIB burned in the last 24 hours! 🔥 Biggest Burn: 16M SHIB gone in 4 transactions! 💨 Smaller Fires: 1.07M, 788K, & 789K SHIB incinerated! Sounds big? Not quite. With 500 trillion SHIB in circulation, these burns are still just a spark, not a wildfire. 🌬️🔥 📉 Market Mood & SHIB Price Action 📉 SHIB Price: $0.00001272 (-1% in 24h) 📊 Range: Stuck between $0.0000125 - $0.000013 📉 Volume: 14.5% drop in 24h—weak hands exiting? 🔍 Bullish Signal? 📈 Chart Insight: Experts spot an ascending triangle, signaling a possible breakout! 🚀 🛡️ Key Support: $0.0000125—SHIB held strong! 🏗️ 🎯 Breakout Watch: If SHIB pops above $0.000013, bulls could seize control! 🐂🔥 🔮 The Big Question: 🚀 Can SHIB burns gain momentum and fuel long-term gains? Or is this just another temporary spark? 🔥 Drop your SHIB price predictions in the comments! 👇🐕💰 #ShibaInu #SHIB #Write2Earn #Crypto #Binance #ShibaBurn #WhaleMovements {spot}(SHIBUSDT)
🔥🐶 $SHIB a Inu Burn Rate Jumps 33%—What’s Happening? 🔥💰

After a slow start to the week, Shiba Inu’s burn rate just surged by 33%—but is it enough to shake off selling pressure? 🤔💭

🔥 SHIB Burn Update

🚀 18,684,231 SHIB burned in the last 24 hours!
🔥 Biggest Burn: 16M SHIB gone in 4 transactions!
💨 Smaller Fires: 1.07M, 788K, & 789K SHIB incinerated!

Sounds big? Not quite. With 500 trillion SHIB in circulation, these burns are still just a spark, not a wildfire. 🌬️🔥

📉 Market Mood & SHIB Price Action

📉 SHIB Price: $0.00001272 (-1% in 24h)
📊 Range: Stuck between $0.0000125 - $0.000013
📉 Volume: 14.5% drop in 24h—weak hands exiting?

🔍 Bullish Signal?

📈 Chart Insight: Experts spot an ascending triangle, signaling a possible breakout! 🚀
🛡️ Key Support: $0.0000125—SHIB held strong! 🏗️
🎯 Breakout Watch: If SHIB pops above $0.000013, bulls could seize control! 🐂🔥

🔮 The Big Question:

🚀 Can SHIB burns gain momentum and fuel long-term gains? Or is this just another temporary spark? 🔥

Drop your SHIB price predictions in the comments! 👇🐕💰

#ShibaInu #SHIB #Write2Earn #Crypto #Binance #ShibaBurn #WhaleMovements
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Bullish
#MyFirstFeedPost Hello, Binance Square! I have seen a lot of stories of success and bios from people. Today i wanted to share my experience with crypto. I never had trust in crypto, i got to hear a lot about bitcoin , and some point ethereum showed up everywhere, i still didnt think about burning my money for something stupid like digital currencies in this strange blockchain-whatever.. it all went past me. Then, at some point Bitcoin dropped from anywhere 30k-ish down to 17k.. some random stranger found my instagram, which i cared a lot for and asked if he could donate BTC to me to support me. Silently i was laughing and answering : yeah sure… he sent me a website where he had deposited his BTC and i created an account. Still doubting i sent him my wallet adress and i realised he was serious. Short after that i received 0.015 BTC (worth about 3,5k or smth) winners-loosers: it was locked.. i had to invest 0,002 first, to verify my account on that platform. I was not willing spending 400 bucks for a potential scam. Therefor i let it rot there. Every now and then i went back to that page and tried spot-trading. Bought here something, sold there, sometimes with profit, sometimes with loss.. then i found the staking option. I put my BTC on stake. Nice! Over time i got pretty upset that i was not able to withdraw the BTC so i started searching for free bitcoin in the webz and found Binance. Free USDT vouchers… yes, thats my way to get the 3.5k from that website, just multiply these vouchers.. my experience in spot and stakes was 0 and less, therefore you can imagine how that worked out… well, after a lot of reading and caring for news and watching rates rise and drop… now i invested about 140$ and i am at 153$ i think this is my first success. Thanks to Binance for the „Earn“ System, the #DogecoinDynamics ($DOGE )#shibaburn ($SHIB )and $STX and ofcourse the wildly publishing binance creators 🧡 First Million: HERE I COME 😂🥰 #salad
#MyFirstFeedPost Hello, Binance Square!

I have seen a lot of stories of success and bios from people. Today i wanted to share my experience with crypto.

I never had trust in crypto, i got to hear a lot about bitcoin , and some point ethereum showed up everywhere, i still didnt think about burning my money for something stupid like digital currencies in this strange blockchain-whatever.. it all went past me. Then, at some point Bitcoin dropped from anywhere 30k-ish down to 17k.. some random stranger found my instagram, which i cared a lot for and asked if he could donate BTC to me to support me. Silently i was laughing and answering : yeah sure… he sent me a website where he had deposited his BTC and i created an account. Still doubting i sent him my wallet adress and i realised he was serious. Short after that i received 0.015 BTC (worth about 3,5k or smth) winners-loosers: it was locked.. i had to invest 0,002 first, to verify my account on that platform. I was not willing spending 400 bucks for a potential scam. Therefor i let it rot there. Every now and then i went back to that page and tried spot-trading. Bought here something, sold there, sometimes with profit, sometimes with loss.. then i found the staking option. I put my BTC on stake. Nice! Over time i got pretty upset that i was not able to withdraw the BTC so i started searching for free bitcoin in the webz and found Binance. Free USDT vouchers… yes, thats my way to get the 3.5k from that website, just multiply these vouchers.. my experience in spot and stakes was 0 and less, therefore you can imagine how that worked out… well, after a lot of reading and caring for news and watching rates rise and drop… now i invested about 140$ and i am at 153$ i think this is my first success. Thanks to Binance for the „Earn“ System, the #DogecoinDynamics ($DOGE )#shibaburn ($SHIB )and $STX and ofcourse the wildly publishing binance creators 🧡

First Million: HERE I COME 😂🥰

#salad
🔥 Shiba Inu’s Burn Revolution: Can SHIB’s Scarcity Fuel the $0.01 Dream?** The **SHIB Army** is burning tokens like never before! **14.05M SHIB** (a **495% spike** in burn rate) went up in flames in just **24 hours**, pushing the total burned to a staggering **410.74 TRILLION SHIB**. With **584.35T tokens left**, the race to scarcity is heating up—but what’s *really* driving this burn frenzy? 🚀 What’s Fueling the SHIB Burn Inferno?** ✅ **Shibarium’s Auto-Burn Mechanism** – The L2 network’s growing adoption means **more transactions = more burns**. Every swap, NFT mint, or dApp interaction on Shibarium contributes to SHIB’s deflation. ✅ **Community-Powered Burns** – New tools like **Burn Portals** and decentralized apps let holders destroy SHIB effortlessly, turning everyday activity into deflationary pressure. ✅ **Ecosystem Expansion** – With **ShibaSwap V2**, gaming partnerships, and Shibarium’s scalability, demand could rise alongside shrinking supply. 📊 The Path to $0.0001 (and Beyond?)** - **Current Price:** ~$0.000007 - **$0.0001 Target:** **14x growth** (Market cap ~$58.4B – rivaling XRP/SOL). - **$0.01 Dream?** Would require a **$5.84T market cap** (more than Bitcoin + Ethereum combined). ⚠️ Reality Check** - **SHIB needs massive adoption** to justify even $0.0001. - **Burns must accelerate** while demand keeps pace. - **Competition is fierce**—can SHIB outpace other Layer 2 and meme coins? 💬 Your Move, SHIB Army!** Are you: ✅ **HODLing** for the long-term? 🔥 **Burning tokens** to speed up scarcity? 👀 **Waiting** for a bigger catalyst? **Drop your strategy below!** Can Shibarium’s growth and relentless burns turn SHIB into the ultimate scarcity play, or is $0.01 just meme magic? #shibaburn $SHIB {spot}(SHIBUSDT)
🔥 Shiba Inu’s Burn Revolution: Can SHIB’s Scarcity Fuel the $0.01 Dream?**

The **SHIB Army** is burning tokens like never before! **14.05M SHIB** (a **495% spike** in burn rate) went up in flames in just **24 hours**, pushing the total burned to a staggering **410.74 TRILLION SHIB**. With **584.35T tokens left**, the race to scarcity is heating up—but what’s *really* driving this burn frenzy?

🚀 What’s Fueling the SHIB Burn Inferno?**
✅ **Shibarium’s Auto-Burn Mechanism** – The L2 network’s growing adoption means **more transactions = more burns**. Every swap, NFT mint, or dApp interaction on Shibarium contributes to SHIB’s deflation.

✅ **Community-Powered Burns** – New tools like **Burn Portals** and decentralized apps let holders destroy SHIB effortlessly, turning everyday activity into deflationary pressure.

✅ **Ecosystem Expansion** – With **ShibaSwap V2**, gaming partnerships, and Shibarium’s scalability, demand could rise alongside shrinking supply.

📊 The Path to $0.0001 (and Beyond?)**
- **Current Price:** ~$0.000007
- **$0.0001 Target:** **14x growth** (Market cap ~$58.4B – rivaling XRP/SOL).
- **$0.01 Dream?** Would require a **$5.84T market cap** (more than Bitcoin + Ethereum combined).

⚠️ Reality Check**
- **SHIB needs massive adoption** to justify even $0.0001.
- **Burns must accelerate** while demand keeps pace.
- **Competition is fierce**—can SHIB outpace other Layer 2 and meme coins?

💬 Your Move, SHIB Army!**
Are you:
✅ **HODLing** for the long-term?
🔥 **Burning tokens** to speed up scarcity?
👀 **Waiting** for a bigger catalyst?

**Drop your strategy below!** Can Shibarium’s growth and relentless burns turn SHIB into the ultimate scarcity play, or is $0.01 just meme magic?

#shibaburn
$SHIB
15,566,450 SHIB at One Go: What Happened?A massive 15,566,450 SHIB transaction has recently caught the attention of the Shiba Inu community. The uniqueness of the transaction is the destination wallet, which points to burning. According to Shibburn, 15,566,450 SHIB tokens were transferred to a dead wallet in a single transaction, removing them from circulation. This burn event is part of Shiba Inu’s ongoing deflationary strategy, which aims to reduce SHIB's total supply and potentially increase scarcity-driven value. 🔥 15,566,450 $SHIB -> transferred to dead wallet. — Shibburn ( #shibaburn ) March 8, 2025 While the actual originator of this burn is unknown, such transactions are often carried out by community members or projects seeking to contribute to Shiba Inu's scarcity. card Shibburn reported a similar transaction, in which 12,970,363 SHIB were transferred to a dead wallet. These two transactions have contributed to a massive surge in the Shiba Inu burn rate, which is up a whopping 3,253% in the last 24 hours. In this time frame, 29,323,261 were burned, and 103,929,094 were burned in the last seven days. SHIB price in red Despite this burn, SHIB's price remains in red, as broader market trends and investor sentiment continue to play a larger role in determining its trajectory. At the time of writing, SHIB was down 5.43% in the last 24 hours to $0.0000128, continuing its decline from Friday into the second day. Shiba Inu is down 7.12% weekly. card Amid the price lull, the SHIB community, however, remains engaged, closely monitoring further burns and ecosystem developments. In a separate tweet, Susbarium, a Shiba Inu X account focused on protecting the Shiba Inu community and exposing scams, has issued a crucial alert to the Shiba Inu community. In a tweet, Susbarium urged the Shiba Inu community to beware of fake "verify & claim" posts, as these scams can drain users' wallet assets. To stay safe, Shiba Inu holders are urged not to click on suspicious links. They should also verify information through official sources. $SHIB {spot}(SHIBUSDT) #SHİB

15,566,450 SHIB at One Go: What Happened?

A massive 15,566,450 SHIB transaction has recently caught the attention of the Shiba Inu community. The uniqueness of the transaction is the destination wallet, which points to burning.

According to Shibburn, 15,566,450 SHIB tokens were transferred to a dead wallet in a single transaction, removing them from circulation. This burn event is part of Shiba Inu’s ongoing deflationary strategy, which aims to reduce SHIB's total supply and potentially increase scarcity-driven value.
🔥 15,566,450 $SHIB -> transferred to dead wallet.
— Shibburn ( #shibaburn ) March 8, 2025
While the actual originator of this burn is unknown, such transactions are often carried out by community members or projects seeking to contribute to Shiba Inu's scarcity.
card
Shibburn reported a similar transaction, in which 12,970,363 SHIB were transferred to a dead wallet.
These two transactions have contributed to a massive surge in the Shiba Inu burn rate, which is up a whopping 3,253% in the last 24 hours. In this time frame, 29,323,261 were burned, and 103,929,094 were burned in the last seven days.
SHIB price in red
Despite this burn, SHIB's price remains in red, as broader market trends and investor sentiment continue to play a larger role in determining its trajectory. At the time of writing, SHIB was down 5.43% in the last 24 hours to $0.0000128, continuing its decline from Friday into the second day. Shiba Inu is down 7.12% weekly.
card
Amid the price lull, the SHIB community, however, remains engaged, closely monitoring further burns and ecosystem developments.
In a separate tweet, Susbarium, a Shiba Inu X account focused on protecting the Shiba Inu community and exposing scams, has issued a crucial alert to the Shiba Inu community.
In a tweet, Susbarium urged the Shiba Inu community to beware of fake "verify & claim" posts, as these scams can drain users' wallet assets. To stay safe, Shiba Inu holders are urged not to click on suspicious links. They should also verify information through official sources.
$SHIB
#SHİB
🤯$SHIB fam! Get Ready for Some Mind-Blowing Updates! 🚀🔥 Hey there, $SHIB fam! Are you ready for some big news? Because I've got some mind-blowing updates for you that will leave you feeling absolutely amazed! I mean, we're talking about news that's going to set the crypto world on fire. News that's going to take $SHIB to new heights and make it one of the hottest tokens out there. I don't want to give too much away, but let's just say that this news is going to be a game-changer. It's going to shake things up and put $SHIB in the spotlight like never before. So, get ready to buckle up and hold on tight because this is going to be one wild ride. And if you're not already invested in $SHIB, now's the time to jump on board because things are about to get crazy! Stay tuned for more updates, and let's keep pushing $SHIB to the moon! 🔥🚀 #SHIB #shibarium #shibaburn
🤯$SHIB fam! Get Ready for Some Mind-Blowing Updates! 🚀🔥
Hey there, $SHIB fam! Are you ready for some big news? Because I've got some mind-blowing updates for you that will leave you feeling absolutely amazed!
I mean, we're talking about news that's going to set the crypto world on fire. News that's going to take $SHIB to new heights and make it one of the hottest tokens out there.
I don't want to give too much away, but let's just say that this news is going to be a game-changer. It's going to shake things up and put $SHIB in the spotlight like never before.
So, get ready to buckle up and hold on tight because this is going to be one wild ride. And if you're not already invested in $SHIB , now's the time to jump on board because things are about to get crazy!
Stay tuned for more updates, and let's keep pushing $SHIB to the moon! 🔥🚀 #SHIB #shibarium #shibaburn
Shibarium Shatters Records, While SHIB Price Remains Under Bearish Claws! What’s Next? Shiba Inu ecosystem is set to skyrocket as the layer-2 solution, and Shibarium has recorded explosive growth in the past few days The prices of the native tokens SHIB and BONE are expected to be positively impacted by the advancements and eventually regain the lost positions The Shiba Inu price continues to trade within a symmetrical triangle and is slowly approaching the apex of the triangle Besides, the DMI is uncertain as the ADX is displaying bearish divergence. However, the +Di & -Di levels are going parallel and to trigger a bullish rise, a bearish crossover needs to be imminent Hence, the SHIB price is believed to slide below $0.000008, which may further trigger a healthy rebound and reach beyond $0.000009. #ShibaInuUpdate #shibawhale #shibaburn #SHIBSurge #Shibaprice $SHIB
Shibarium Shatters Records, While SHIB Price Remains Under Bearish Claws! What’s Next?

Shiba Inu ecosystem is set to skyrocket as the layer-2 solution, and Shibarium has recorded explosive growth in the past few days

The prices of the native tokens SHIB and BONE are expected to be positively impacted by the advancements and eventually regain the lost positions

The Shiba Inu price continues to trade within a symmetrical triangle and is slowly approaching the apex of the triangle

Besides, the DMI is uncertain as the ADX is displaying bearish divergence. However, the +Di & -Di levels are going parallel and to trigger a bullish rise, a bearish crossover needs to be imminent

Hence, the SHIB price is believed to slide below $0.000008, which may further trigger a healthy rebound and reach beyond $0.000009.
#ShibaInuUpdate #shibawhale #shibaburn #SHIBSurge #Shibaprice
$SHIB
--
Bullish
Hot meme coins. After the recent dip, I've been keeping a close eye on the market and I've got some exciting news to share with you. Let's take a look at the top 11 meme coins and their potential for growth. Now, if you're looking for the biggest return on investment, my top picks would be SHIB and BONK. Both have seen impressive gains and have a high market cap, making them a solid choice for those with some extra cash to invest. But if you're looking for a more conservative option, DOGE and WIF are also great choices. They may not have seen as much growth as some of the others on this list, but they have a strong community backing them and have proven to be reliable investments. Now, if you're feeling a little more adventurous, FLOKI and BOME are worth considering. They've seen some impressive gains in recent weeks and could continue to climb in value. But remember, investing in meme coins can be risky, so make sure to do your own research and only invest what you can afford to lose. And as always, keep an eye on the market and be ready to adjust your strategy if necessary. That's all for now, folks. Stay tuned for more crypto tips and tricks from yours truly. #MemeCoinsToTheMoon #HotTrends #defi 🔥🔥 #Dogecoin‬⁩ #shibaburn
Hot meme coins.

After the recent dip, I've been keeping a close eye on the market and I've got some exciting news to share with you.

Let's take a look at the top 11 meme coins and their potential for growth. Now, if you're looking for the biggest return on investment, my top picks would be SHIB and BONK. Both have seen impressive gains and have a high market cap, making them a solid choice for those with some extra cash to invest.

But if you're looking for a more conservative option, DOGE and WIF are also great choices. They may not have seen as much growth as some of the others on this list, but they have a strong community backing them and have proven to be reliable investments.

Now, if you're feeling a little more adventurous, FLOKI and BOME are worth considering. They've seen some impressive gains in recent weeks and could continue to climb in value.

But remember, investing in meme coins can be risky, so make sure to do your own research and only invest what you can afford to lose. And as always, keep an eye on the market and be ready to adjust your strategy if necessary.

That's all for now, folks. Stay tuned for more crypto tips and tricks from yours truly. #MemeCoinsToTheMoon #HotTrends #defi 🔥🔥 #Dogecoin‬⁩ #shibaburn
--
Bullish
Shibarium Will Start ‘Burning’ SHIB Tokens, Confirms Team. Great news for shiba investors The Shiba Inu team confirmed in the latest blog that Shibarium will soon begin to ‘burn’ SHIB tokens. The announcement revealed that the Shibarium layer-2 network will introduce a new era of ‘burning’ SHIB tokens. Shibarium enables users to initiate transactions on the network making users to transfer value and interact with decentralized applications (dApps). A total of 35 million transactions have already been initiated on the Shiba Inu’s Shibarium network since its release in August this year. Shiba Inu: Shibarium To Finally ‘Burn’ SHIB Tokens, Reveals Team Shibarium would allocate 70% of the base fees that were initiated on the network to burn SHIB tokens. The rest 30% of the fees will be used to maintain and run the network. The network will collect the fees in Shibarium’s gas and governance token Bone. The Bone token will be converted into Shiba Inu tokens after it reaches a threshold of $25,000 in value. Once the conversion from Bone to Shiba Inu is completed, Shibarium will burn SHIB tokens sending it to the dead wallet. The burning system will be automated and the network will relentlessly remove tokens from circulation. The more transactions are initiated on Shibarium, the faster the amount could reach the $25,000 mark. “Starting in January, the mechanism will evolve into an automated system. This phase will witness multiple upgrades to enhance efficiency and reliability. The automated burn process will operate based on predefined rules, making it more efficient and transparent,”  If Shibarium becomes a 24/7 burning mill, SHIB could enter the path of moving toward the $0.01 price target. The development will be welcomed by the SHIB community as investors are eagerly waiting for it to begin deleting zeroes. Therefore, from 2024 onwards, SHIB might begin to spike in price due to the upcoming burns. #ShibaBurns #shibaburn #ShibaInuSurge #SHIB💥 #CryptoScoop
Shibarium Will Start ‘Burning’ SHIB Tokens, Confirms Team.
Great news for shiba investors

The Shiba Inu team confirmed in the latest blog that Shibarium will soon begin to ‘burn’ SHIB tokens. The announcement revealed that the Shibarium layer-2 network will introduce a new era of ‘burning’ SHIB tokens. Shibarium enables users to initiate transactions on the network making users to transfer value and interact with decentralized applications (dApps). A total of 35 million transactions have already been initiated on the Shiba Inu’s Shibarium network since its release in August this year.

Shiba Inu: Shibarium To Finally ‘Burn’ SHIB Tokens, Reveals Team

Shibarium would allocate 70% of the base fees that were initiated on the network to burn SHIB tokens. The rest 30% of the fees will be used to maintain and run the network. The network will collect the fees in Shibarium’s gas and governance token Bone. The Bone token will be converted into Shiba Inu tokens after it reaches a threshold of $25,000 in value.

Once the conversion from Bone to Shiba Inu is completed, Shibarium will burn SHIB tokens sending it to the dead wallet. The burning system will be automated and the network will relentlessly remove tokens from circulation. The more transactions are initiated on Shibarium, the faster the amount could reach the $25,000 mark.

“Starting in January, the mechanism will evolve into an automated system. This phase will witness multiple upgrades to enhance efficiency and reliability. The automated burn process will operate based on predefined rules, making it more efficient and transparent,” 

If Shibarium becomes a 24/7 burning mill, SHIB could enter the path of moving toward the $0.01 price target. The development will be welcomed by the SHIB community as investors are eagerly waiting for it to begin deleting zeroes. Therefore, from 2024 onwards, SHIB might begin to spike in price due to the upcoming burns.
#ShibaBurns #shibaburn #ShibaInuSurge #SHIB💥 #CryptoScoop
Shiba Inu Inferno: 8.6 Billion SHIB Tokens Gone, Burn Rate Surges 160k%The Shiba Insu Project and Its Native Token SHIB The Shiba Inu (SHIB) project is a community-driven cryptocurrency ecosystem inspired by the popular Shiba Inu dog meme. Launched in August 2020, it rode the wave of Dogecoin’s meme-coin success and quickly amassed a large and active community. The SHIB token is the main token of the Shiba Inu ecosystem and serves as the currency for its decentralized finance (DeFi) platform, ShibaSwap. You can use SHIB for: Swapping: Exchange SHIB for other cryptocurrencies on ShibaSwap.Staking: Earn passive rewards by locking your SHIB in various liquidity pools.Providing liquidity: Contribute to ShibaSwap’s liquidity pools and earn fees from trades.Purchasing goods and services: Some merchants now accept SHIB as payment. The SHIB Token Burn Mechanism Shiba Inu has a token burn mechanism to reduce the total supply of SHIB and theoretically increase its value. Here are some ways SHIB is burned: ShibaSwap transactions: A small portion of the fees generated on ShibaSwap are burned.Community burns: The Shiba Inu community regularly organizes burn events where they collectively send SHIB to dead wallets, removing them from circulation.Collaborations: Certain partnerships and projects might involve dedicated SHIB burns. The primary purpose of SHIB burning is to decrease the overall supply, thus theoretically making the remaining SHIB tokens more scarce and potentially increasing their value. However, the effectiveness of this approach depends on various factors, including the pace of burning, the total supply, and overall market conditions. It’s important to remember that burning tokens carries inherent risks: Reduced liquidity: Burning could reduce the liquidity of the token, making it harder to buy and sell.Market manipulation: Large burn events could be seen as market manipulation and negatively impact the token’s price.Uncertain outcome: The success of burn mechanisms in increasing token value is not guaranteed. Tracking SHIB Token Burns Shibburn is a popular SHIB burn tracking tool with a website and Twitter presence (shibburn) that provides comprehensive information about the Shiba Inu token-burning process. Shibburn’s Functions: Tracks all SHIB burns: It monitors and accumulates data on all SHIB tokens burned from various sources, including ShibaSwap transactions, community burn events, and collaborations.Provides detailed statistics: Shibburn displays the total amount of SHIB burned, burn rate, average burn size, top burning sources, and historical burned token data.Visualizations and analysis: The website offers charts and graphs to visually represent burn trends and analyze their potential impact on the SHIB price.Transparency and community engagement: Shibburn promotes transparency by sharing burn transactions and sources along with regular updates on Twitter, fostering community engagement and discussions around token burning. Overall, Shibburn is a valuable resource for anyone interested in the Shiba Inu project and the impact of token burning on SHIB’s circulating supply and potential price behavior. The Most Recent SHIB Token Burn Stats According to the latest update by Shibburn, the past 24 hours have witnessed an exceptional surge in Shiba Inu burn activity, with a staggering 8.6 billion SHIB tokens sent for permanent deletion. This represents a remarkable 160,598% increase from the previous day’s burn rate. Burn Breakdown: Total Burned (Past 24 hours): 8,617,471,779 SHIBBurn Rate Increase (24 hours): 160,598.18%Previous 24-hour Burn: ~53,000 SHIB These figures reveal a dramatic shift in burn activity, showcasing the community’s concerted efforts to reduce the overall supply of SHIB. This strategy aligns with the long-held objective of achieving scarcity, which is often considered crucial for driving long-term token value. HOURLY SHIB UPDATE$SHIB Price: $0.00001052 (1hr -0.34% ▼ | 24hr 3.55% ▲ ) Market Cap: $6,218,140,254 (3.82% ▲) Total Supply: 589,319,479,746,918 TOKENS BURNT Past hour: 275,256 (1 transaction) Past 24Hrs: 8,617,471,779 (160598.18% ▲) Past 7 Days: 8,646,904,065 (1.24% ▲)— Shibburn (@shibburn) December 17, 2023 At the time of writing, SHIB is trading at around $0.0000105, up 3.23% in the past 24-hour period. #shib #shibaburn $SHIB

Shiba Inu Inferno: 8.6 Billion SHIB Tokens Gone, Burn Rate Surges 160k%

The Shiba Insu Project and Its Native Token SHIB
The Shiba Inu (SHIB) project is a community-driven cryptocurrency ecosystem inspired by the popular Shiba Inu dog meme. Launched in August 2020, it rode the wave of Dogecoin’s meme-coin success and quickly amassed a large and active community.
The SHIB token is the main token of the Shiba Inu ecosystem and serves as the currency for its decentralized finance (DeFi) platform, ShibaSwap. You can use SHIB for:
Swapping: Exchange SHIB for other cryptocurrencies on ShibaSwap.Staking: Earn passive rewards by locking your SHIB in various liquidity pools.Providing liquidity: Contribute to ShibaSwap’s liquidity pools and earn fees from trades.Purchasing goods and services: Some merchants now accept SHIB as payment.
The SHIB Token Burn Mechanism
Shiba Inu has a token burn mechanism to reduce the total supply of SHIB and theoretically increase its value.
Here are some ways SHIB is burned:
ShibaSwap transactions: A small portion of the fees generated on ShibaSwap are burned.Community burns: The Shiba Inu community regularly organizes burn events where they collectively send SHIB to dead wallets, removing them from circulation.Collaborations: Certain partnerships and projects might involve dedicated SHIB burns.
The primary purpose of SHIB burning is to decrease the overall supply, thus theoretically making the remaining SHIB tokens more scarce and potentially increasing their value. However, the effectiveness of this approach depends on various factors, including the pace of burning, the total supply, and overall market conditions.
It’s important to remember that burning tokens carries inherent risks:
Reduced liquidity: Burning could reduce the liquidity of the token, making it harder to buy and sell.Market manipulation: Large burn events could be seen as market manipulation and negatively impact the token’s price.Uncertain outcome: The success of burn mechanisms in increasing token value is not guaranteed.
Tracking SHIB Token Burns
Shibburn is a popular SHIB burn tracking tool with a website and Twitter presence (shibburn) that provides comprehensive information about the Shiba Inu token-burning process.
Shibburn’s Functions:
Tracks all SHIB burns: It monitors and accumulates data on all SHIB tokens burned from various sources, including ShibaSwap transactions, community burn events, and collaborations.Provides detailed statistics: Shibburn displays the total amount of SHIB burned, burn rate, average burn size, top burning sources, and historical burned token data.Visualizations and analysis: The website offers charts and graphs to visually represent burn trends and analyze their potential impact on the SHIB price.Transparency and community engagement: Shibburn promotes transparency by sharing burn transactions and sources along with regular updates on Twitter, fostering community engagement and discussions around token burning.
Overall, Shibburn is a valuable resource for anyone interested in the Shiba Inu project and the impact of token burning on SHIB’s circulating supply and potential price behavior.
The Most Recent SHIB Token Burn Stats
According to the latest update by Shibburn, the past 24 hours have witnessed an exceptional surge in Shiba Inu burn activity, with a staggering 8.6 billion SHIB tokens sent for permanent deletion. This represents a remarkable 160,598% increase from the previous day’s burn rate.
Burn Breakdown:
Total Burned (Past 24 hours): 8,617,471,779 SHIBBurn Rate Increase (24 hours): 160,598.18%Previous 24-hour Burn: ~53,000 SHIB
These figures reveal a dramatic shift in burn activity, showcasing the community’s concerted efforts to reduce the overall supply of SHIB. This strategy aligns with the long-held objective of achieving scarcity, which is often considered crucial for driving long-term token value.
HOURLY SHIB UPDATE$SHIB Price: $0.00001052 (1hr -0.34% ▼ | 24hr 3.55% ▲ )
Market Cap: $6,218,140,254 (3.82% ▲)
Total Supply: 589,319,479,746,918

TOKENS BURNT
Past hour: 275,256 (1 transaction)
Past 24Hrs: 8,617,471,779 (160598.18% ▲)
Past 7 Days: 8,646,904,065 (1.24% ▲)— Shibburn (@shibburn) December 17, 2023
At the time of writing, SHIB is trading at around $0.0000105, up 3.23% in the past 24-hour period.

#shib #shibaburn $SHIB
350 Billion Shiba Inu Just Withdrawn From Binance: SHIB Price up 10% Shiba Inu's price going up, and activity of whales shows An anonymous Shiba Inu whale wallet has made significant moves by withdrawing a staggering 600 billion SHIB, valued at approximately $5.7 million, from Binance. This transaction comes shortly after the same entity withdrew 250 billion SHIB, around $2.3 million, just nine days prior. The consequence of these substantial withdrawals has coincided with a 10% uplift in SHIB's price, stirring conversations and speculations within the cryptocurrency sphere. This pattern of withdrawals by a single entity could be indicative of several market strategies. One possible interpretation is a shift toward holding the assets in private wallets, which may suggest a long-term bullish outlook by the whale on the future of SHIB. Such a move might also reflect a strategy to reduce exposure to exchange-related risks, given the recent history of exchange hacks and security breaches. These transactions come at a time when meme coins, like Shiba Inu and its cohort member PEPE, are experiencing an uptick alongside a broader market recovery. The upsurge in SHIB's price following the withdrawals aligns with this trend. However, while the market's response may seem encouraging, it is essential for investors to tread with caution. Meme coins are known for their volatility, often experiencing rapid price reversals that can catch investors off guard. The concentration of such a significant amount of SHIB in a single wallet raises questions about market influence and the potential impact on liquidity. Large-scale movements by whales can lead to price volatility due to the considerable share of the market they represent. Investors and traders should remain vigilant, as such activity could precede market-making moves, either bullish or bearish. Actions of whales have historically been precursors to significant price action. #Shibaprice #shibawhale #ShibaInuUpdate #shibaburn #CryptoScoop $SHIB
350 Billion Shiba Inu Just Withdrawn From Binance: SHIB Price up 10%

Shiba Inu's price going up, and activity of whales shows

An anonymous Shiba Inu whale wallet has made significant moves by withdrawing a staggering 600 billion SHIB, valued at approximately $5.7 million, from Binance. This transaction comes shortly after the same entity withdrew 250 billion SHIB, around $2.3 million, just nine days prior. The consequence of these substantial withdrawals has coincided with a 10% uplift in SHIB's price, stirring conversations and speculations within the cryptocurrency sphere.

This pattern of withdrawals by a single entity could be indicative of several market strategies. One possible interpretation is a shift toward holding the assets in private wallets, which may suggest a long-term bullish outlook by the whale on the future of SHIB. Such a move might also reflect a strategy to reduce exposure to exchange-related risks, given the recent history of exchange hacks and security breaches.

These transactions come at a time when meme coins, like Shiba Inu and its cohort member PEPE, are experiencing an uptick alongside a broader market recovery. The upsurge in SHIB's price following the withdrawals aligns with this trend. However, while the market's response may seem encouraging, it is essential for investors to tread with caution. Meme coins are known for their volatility, often experiencing rapid price reversals that can catch investors off guard.

The concentration of such a significant amount of SHIB in a single wallet raises questions about market influence and the potential impact on liquidity. Large-scale movements by whales can lead to price volatility due to the considerable share of the market they represent. Investors and traders should remain vigilant, as such activity could precede market-making moves, either bullish or bearish.

Actions of whales have historically been precursors to significant price action.
#Shibaprice #shibawhale #ShibaInuUpdate #shibaburn #CryptoScoop
$SHIB
--
Bullish
#shibaburn #shibawhale #SHIB-4.56% #MirzaNoman90 @MirzaNoman90 @aayannoman90 Shiba Inu (SHIB) On-Chain Surge Hits 500% in Jaw-Dropping Two-Day Rally In a seismic shift within the Shiba Inu (SHIB) ecosystem, the past 48 hours have seen an unparalleled surge in on-chain dynamics, as whale transactions involving the token skyrocketed by an astonishing 498%. Shiba Inu, a popular token in the crypto sphere, is making waves with a surge in transactions valued at $100,000 and more, according to on-chain analytics platform IntoTheBlock. During this whirlwind period, whale transactions injected a whopping $40.93 million into SHIB, exchanging an epic 5.1 trillion tokens. This surge has pushed the total daily transactions to an astonishing 6.38 trillion tokens, equivalent to a staggering $51.71 million.
#shibaburn #shibawhale #SHIB-4.56%
#MirzaNoman90
@Aayannoman @AayanCom

Shiba Inu (SHIB) On-Chain Surge Hits 500% in Jaw-Dropping Two-Day Rally

In a seismic shift within the Shiba Inu (SHIB) ecosystem, the past 48 hours have seen an unparalleled surge in on-chain dynamics, as whale transactions involving the token skyrocketed by an astonishing 498%.

Shiba Inu, a popular token in the crypto sphere, is making waves with a surge in transactions valued at $100,000 and more, according to on-chain analytics platform IntoTheBlock.

During this whirlwind period, whale transactions injected a whopping $40.93 million into SHIB, exchanging an epic 5.1 trillion tokens. This surge has pushed the total daily transactions to an astonishing 6.38 trillion tokens, equivalent to a staggering $51.71 million.
There has been an astounding 800% increase in the Shiba Inu token burn rateThe Ethereum-based meme coin Shiba Inu (SHIB), also known as "Dogecoin Killer," has seen a significant spike in the pace at which its tokens are being burned over the past twenty-four hours. This is occurring in the midst of the continuing market surge. The rate of burn for Shiba Inus has seen a significant increase. There has been a rise of more than 800% in the Shiba Inu burn rate over the course of the last twenty-four hours. According to information provided by Shibburn, roughly 10,370,764 SHIB tokens have been burned throughout the course of the previous day, which represents an increase of around 805.83%. In addition, the rise in burn rate was brought about by a big transaction that led to the destruction of more than ten million SHIB tokens. It was discovered that the SHIB burn wallet received a total of 10,240,655 tokens from the address 0xa9d1e08c7793af6...7fb81d3e43 during the course of the transaction. During the past several months, the Shiba Inu burn rate has been seeing significant increases. Following these jumps in burn rate, investors in cryptocurrencies and members of the community have shown an increased level of interest. On Monday, the burn rate of the project underwent a staggering increase of 7,686,774%, which resulted in the complete destruction of almost 8.35 billion SHIB tokens. Since the beginning of the project, this represents the greatest burn rate that has ever been witnessed in the project. The information obtained from the burn tracker showed that the wallet address "0xc7d0455" was responsible for more than ninety percent of the tokens that were burned. After further investigation, it was discovered that the address of the wallet was "Shiba-swap.eth," which is also referred to as the "Shiba Inu: Deployer 2" address. Recent increases in the SHIB burn rate can be attributed to a number of different variables, as can be seen in the following sentence. There is a possibility that the large surge in activity on the Shibarium network is one of the contributing elements. The number of transactions that take place on the network appears to have also grown in recent times, which may have contributed to the rise in the burn rate. The reason for this is that when the network is being utilized to a significant degree, it might result in a greater number of tokens being burned. Related Reading: Shibarium Transactions Have Increased by 47,000%; Will the Price of Shiba Inu Follow in Their Footsteps? As of right now, the daily transactions that take place on the network have reached an astounding 7.51 million. On the other hand, as of the time this article was written, the total number of transactions that it has completed has recently surpassed the 50 million mark. Shibarium burns can be treated with new burn techniques. Earlier this week, Shiba Inu improved the SHIB value by introducing new burning procedures for Shibarium. These skills were made available to the public. In order to emphasize the significance of the new mechanism for the economic model of the network, the team referred to it as a "transformative" technique. It is anticipated that the mechanism will be divided into two distinct phases, which will be referred to as the Manual phase and the Automated Transition phase. The official deployer wallet will be in charge of monitoring the token burn while the manual phase is in progress. This phase, on the other hand, will eventually transition to an automated system, which will ultimately lead to the Automated Transition phase happening. It has been determined by the team that the beginning of this automated phase will occur in January of 2024. To this point, more than 410.67 trillion SHIB tokens have been burnt out of the entire number of tokens that were first introduced into circulation. At this very moment, the burn tracker has determined that there are about 580.72 trillion SHIB tokens in circulation over the whole spectrum. #shibaburn #ShibaInuPriceForecast

There has been an astounding 800% increase in the Shiba Inu token burn rate

The Ethereum-based meme coin Shiba Inu (SHIB), also known as "Dogecoin Killer," has seen a significant spike in the pace at which its tokens are being burned over the past twenty-four hours. This is occurring in the midst of the continuing market surge.
The rate of burn for Shiba Inus has seen a significant increase.
There has been a rise of more than 800% in the Shiba Inu burn rate over the course of the last twenty-four hours. According to information provided by Shibburn, roughly 10,370,764 SHIB tokens have been burned throughout the course of the previous day, which represents an increase of around 805.83%.
In addition, the rise in burn rate was brought about by a big transaction that led to the destruction of more than ten million SHIB tokens. It was discovered that the SHIB burn wallet received a total of 10,240,655 tokens from the address 0xa9d1e08c7793af6...7fb81d3e43 during the course of the transaction.
During the past several months, the Shiba Inu burn rate has been seeing significant increases. Following these jumps in burn rate, investors in cryptocurrencies and members of the community have shown an increased level of interest.
On Monday, the burn rate of the project underwent a staggering increase of 7,686,774%, which resulted in the complete destruction of almost 8.35 billion SHIB tokens. Since the beginning of the project, this represents the greatest burn rate that has ever been witnessed in the project.
The information obtained from the burn tracker showed that the wallet address "0xc7d0455" was responsible for more than ninety percent of the tokens that were burned. After further investigation, it was discovered that the address of the wallet was "Shiba-swap.eth," which is also referred to as the "Shiba Inu: Deployer 2" address.
Recent increases in the SHIB burn rate can be attributed to a number of different variables, as can be seen in the following sentence. There is a possibility that the large surge in activity on the Shibarium network is one of the contributing elements.
The number of transactions that take place on the network appears to have also grown in recent times, which may have contributed to the rise in the burn rate. The reason for this is that when the network is being utilized to a significant degree, it might result in a greater number of tokens being burned.
Related Reading: Shibarium Transactions Have Increased by 47,000%; Will the Price of Shiba Inu Follow in Their Footsteps?
As of right now, the daily transactions that take place on the network have reached an astounding 7.51 million. On the other hand, as of the time this article was written, the total number of transactions that it has completed has recently surpassed the 50 million mark.
Shibarium burns can be treated with new burn techniques.
Earlier this week, Shiba Inu improved the SHIB value by introducing new burning procedures for Shibarium. These skills were made available to the public. In order to emphasize the significance of the new mechanism for the economic model of the network, the team referred to it as a "transformative" technique.
It is anticipated that the mechanism will be divided into two distinct phases, which will be referred to as the Manual phase and the Automated Transition phase. The official deployer wallet will be in charge of monitoring the token burn while the manual phase is in progress.
This phase, on the other hand, will eventually transition to an automated system, which will ultimately lead to the Automated Transition phase happening. It has been determined by the team that the beginning of this automated phase will occur in January of 2024.
To this point, more than 410.67 trillion SHIB tokens have been burnt out of the entire number of tokens that were first introduced into circulation. At this very moment, the burn tracker has determined that there are about 580.72 trillion SHIB tokens in circulation over the whole spectrum.
#shibaburn #ShibaInuPriceForecast
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