SHIB burn rate drops 82% in 7 days – What's behind the memecoin slowdown?
SHIB's 82% burn rate drop sparks questions, but on-chain metrics hint at quiet accumulation.
Keep up with what's happening in the crypto world in real-time.
SHIB's 82% burn rate drop sparks questions, but on-chain metrics hint at quiet accumulation.
With regard to its price trajectory, XRP has formally entered what can only be called a now-or-never phase. The asset is now hovering around the $1.80 mark, marking the critical lower boundary of its descending price channel after weeks of downward pressure.
The popular dog-themed memecoin, Shiba Inu (SHIB), is back in the headlines as a sharp shift in market sentiment has triggered bullish activity.
Shiba Inu, the popular Ethereum-based meme coin, has dropped to a critical support level as the broader cryptocurrency market remains under pressure. Shiba Inu (SHIB) price rebounded to $0.00001199 on Wednesday after trading at $0.
8 new burn records raised the daily rate, but Shiba Inu's price didn't catch up, taking another downswing on Wednesday.
Despite recent market turbulence, Shiba Inu shows signs of technical recovery while Shibarium reaches 1 billion transaction milestone
Shiba Inu price today remains under significant selling pressure as it hovers near its lowest point since February 2024. It has continued to move further away from its all-time high, which can be blamed on the ongoing crypto and stocks meltdown.
As Shiba Inu (SHIB) continues to weather the current uncertainty on the broader crypto market, optimism is quietly brewing within the community.
Shiba Inu (SHIB) is in a tough spot as its price is dropping, and traders are watching to see if the token can stay at its current support level or if it will keep it like that.
It can safely be said that the memecoins are entirely at the mercy of market sentiment, and this is in the toilet right now. If things do not turn around, and this is not looking likely in the current global trade war environment, the memecoins could head to zero a lot quicker than some expect.
Shiba Inu's price is falling again, just as the U.S. hits China with massive new tariffs. Could this trade war send SHIB crashing to zero?
Shiba Inu (SHIB) burn rate has shot up a massive 690% in the past 24 hours as analyst Javon Marks has predicted a 550% increase in price.
Shiba Inu (SHIB), one of the leading meme tokens, is facing mounting pressure as major cryptocurrencies continue trading in the red. Although SHIBs burn rate surged by 679.55% in the past 24 hours, weekly figures show a sharp 82.58% decline, according to data from Shibburn.
Shiba Inu (SHIB), the popular dog-themed cryptocurrency, is turning heads with a massive 784.8% spike in large holder net flows, according to data from IntoTheBlock. This on-chain metric highlights the movement of tokens among whale wallets typically institutional investors or high-net-worth individuals.
Shiba Inu's price hovers at $0.00001131 as burn rate surges 1500%, while whales show mixed behavior in volatile market conditions.
Shiba Inu burn rate has once again surged 1500%, offering some support to the meme coin despite the ongoing market volatility. On Wednesday, April 9, burn data suggested that roughly 34 million coins were removed from the token's circulating supply.
Shiba Inu whales have offloaded 801 billion tokens over the past day.
After a daily loss of 1.83% Stellar's price is currently at $0.22, aggravating the bearish state of the asset. As a result of the overall decline in the market, XLM is now in danger of a death cross, a bearish technical signal that appears when the 50-day moving average falls below the 200-day moving average.
As top cryptocurrencies and meme tokens continue trading deep in the red amid ongoing market turmoil, the Shiba Inu (SHIB) burn rate has become a hot topic. Recent activity suggests that the SHIB team may be slowing down on its regular, large-scale token burns.
Mutuum Finance (MUTM) has set the crypto market ablaze, smashing through $6.4 million in presale funding with Phase 4 steaming ahead towards its next price jump. Mutuum Finance is off to a good start; since the launch of presale, 392 million tokens have been purchased by more than 8,100 investors.
While most of the crypto market bleeds, Fartcoin (CRYPTO: FARTCOIN) is defying gravity. For the second straight day, it has posted strong double-digit gains, fueled by an unexpected surge in smart money interest and whale accumulation.
Shiba Inu investors continue to endure major losses as the SHIB price remains 87% below its all-time high price reached back in 2021. Multiple price crashes over the last few have left the majority of investors in the red with profitability dropping to early 2024 levels once again.
Dog-themed cryptocurrency Shiba Inu (SHIB) has seen a 784% uptick in a key on-chain metric, sparking interest in the crypto market.
Shiba Inu price has made a strong rebound today, April 8, after recording an 8% gain. This uptrend mirrors the recovery across the rest of the crypto market after the recent selloff.