🔥 The US Federal Reserve has revoked the guidelines from 2022–2023 that required banks to report to authorities before starting operations with cryptocurrencies and stablecoins.
Friends, what does everyone think, is it a scam or a working thing? But after adding friends, it seems like it doesn't give points, it feels like a scam.
Hold on, don't retreat. Patience is the most important thing in cryptocurrency. I think that tomorrow everything will turn around again. I've seen this happen many times, as always on weekends.
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. https://t.co/PH28Y1GEIF
— Shibburn (@shibburn) 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.
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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.
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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.
$LUNC I am a supporter of Luns and believe that $1 anything can happen suddenly Trump may pardon and suggest that Luns will be the reserve of the USA then we will see $1 and more. #LUNC
$LUNC I am a supporter of Luns and believe that $1 anything can happen suddenly Trump may pardon and suggest that Luns will be the reserve of the USA then we will see $1 and more. #LUNC
$HMSTR Surprises, the owners of the Hamster token are trying to pull this coin out. But here's the problem, it's not working. And the reason? No one believes in this crap project anymore. Fraudsters, definitely. And everything started out so beautifully. Greed breeds Poverty
It turns out I was wrong: $VTHO became the favorite and gave more than 2x in a week. Blockchain #VetChain is represented by two coins - $VET and a small token for settlements that logistics companies use. The oracle is $LINK . But the latter did not provide as much profit. And I was betting on them. My opinion is that #Chainlink will grow; without it, other blockchains cannot cope.
What do you think the price of Pi will be in a year?🤔 It will be interesting to read your assumptions ⬇️⬇️⬇️ And also for new users who download Pi, my unique invitation code eyou0372 ⬆️⬆️⬆️
DO YOU WANT TO KNOW WHY 90% OF SUCKERS LOSE MONEY IN CRYPT? WE'LL ANALYZE THIS DISGRACE NOW!
#BTC #BinanceAlphaAlert 🔥REASON 1: YOU THINK CRYPTO IS A CASINO! You rush into the market like a drunk on the subway: "Oh, Dogecoin is up 300%? I'LL BUY EVERYTHING!"
The result? Your portfolio is on fire like a Christmas tree in January. You don't even know what blockchain is, but you're already trading futures with 100x leverage!