{"id":138681,"date":"2024-10-06T10:00:39","date_gmt":"2024-10-06T07:00:39","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=138681"},"modified":"2024-10-06T01:19:58","modified_gmt":"2024-10-05T22:19:58","slug":"shiba-inu-shib-burn-rate-drops-significantly","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/shiba-inu-shib-burn-rate-drops-significantly\/","title":{"rendered":"Shiba Inu (SHIB) Burn Rate Drops Significantly"},"content":{"rendered":"<p>Despite this, <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/shiba-inu\/\">SHIB\u2019s price<\/a><\/strong> has surged significantly in the last two days.<\/p>\n<p><strong><a href=\"https:\/\/x.com\/shibburn\/status\/1842535254696845659?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1842535254696845659%7Ctwgr%5E1cdb088a823dca972281105854cc68015aa1baaa%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fu.today%2Fshib-burns-plunge-on-all-time-frames-whats-happening\" rel=\"nofollow\">Shibburn\u2019s<\/a> <\/strong>recent update revealed a 42.39% drop in the burn rate on Sunday, with only 2.6 million SHIB tokens removed from circulation through burn transactions.<\/p>\n<p>Six transactions contributed to this total, with the two largest burning 1.14 million and 1 million SHIB, respectively. On Friday, just over 4 million SHIB were locked in burn wallets.<\/p>\n<p><div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1\">Read More:<\/h5>\n    <a class=\"article row post-138670\" href=\"https:\/\/cryptodnes.bg\/en\/xrp-whats-next-for-the-price-after-this-weeks-decline\/\" title=\"XRP: What&#8217;s Next for the Price After This Week&#8217;s Decline?\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/03\/xrp-crypto-1df1-240x170.webp\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">XRP: What&#8217;s Next for the Price After This Week&#8217;s Decline?<\/h4>\n        <\/div>\n    <\/a>\n<\/div>\n<\/p>\n<p>For the weekly period, SHIB burns have plummeted by almost 100%, with only 26.6 million tokens burned\u2014an approximate 98.68% decrease compared to the previous week.<\/p>\n<p>Shiba Inu burns have been tied to transaction volumes on Shibarium, the Layer-2 solution launched in late August last year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Shibburn tracker, which monitors SHIB burn activities, has reported a decline in Shiba Inu\u2019s burn rate on both daily and weekly time frames.<\/p>\n","protected":false},"author":9,"featured_media":102238,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24],"tags":[108,374],"coin_category":[],"class_list":["post-138681","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins","tag-price","tag-shiba-inu"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - 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