Here’s Why Shiba Inu Burn Rate Soared by 4500%

Shiba Inu has earned its name and fame in the meme coin community over the years. It has turned out to be one of the many constantly developing communities and teams out there. The Shiba Inu team has been relentlessly working on various initiatives for the community.

These include the Shiba Eternity game, the SHIB metaverse, the upcoming Shibarium, and the Burn Initiative. Since the beginning of 2023, the burn rate has put on a decent show with a consistent burn rate. However, when the market slightly recovered with major cryptocurrencies...
Shiba Inu Coin’s Price Analysis Guide For This Week Hints 17% Upswing

The Shiba Inu coin technical Chart showcases a textbook example of a rounding bottom pattern. In theory, this U-shaped shape structure of the pattern represents the buyers taking trend control from the seller. Thus, the coin price is still midway in this pattern formation, indicating there is more growth potential for this memecoin.

 Key points:...
India’s WazirX proof of reserves shows largest holding is Shiba Inu (SHIB)

WazirX, India’s largest crypto exchange, has published its proof of reserves (POR), making public its wallet addresses, exchanges and POR report.

In an announcement on Wednesday, WazirX said the publication of its proof of reserves is a show of its commitment to promoting trust and security in India’s crypto ecosystem as the broader industry looks to enhance full transparency....
SHIB Burn Rate Spikes 13,198% as Hundreds of Millions of Shiba Inu Get Removed

Prominent burn tracker Shibburn has shared on its website that over the past 24 hours, the pace at which Shiba Inu meme tokens get burned by the community went high in the sky. It happened as several hundred million SHIB were sent to unspendable SHIB wallets. Meanwhile, the popular meme coin has reached a few important milestones related to holders and crypto trading.

The aforementioned crypto tracking platform shows that over the period of the past 24 hours, the SHIB army succeeded in sending 302,506,518...
Shiba Inu News: Binance To Add $76M Of SHIB; Is Shiba Inu Price Pump Near?

Shiba Inu News: Shiba Inu Coin, the world’s second largest meme cryptocurrency price hasn’t seen much price action over the past 30 days. SHIB price is on a constant decline due to the recent market collapse. However, a recent update has landed in the interest of the Shiba Inu coin which can pump its price ahead.

Can this positive Shiba Inu News Pump It?...
Millions of Shiba Inu (SHIB) Tokens Burnt—Still Waiting to Rally

Another burning of Shiba Inu (SHIB) tokens were reported to have burned recently. The instance came into notice after a long time. There was no such instance that took place giving somewhat comfort to the SHIB community anticipating the burn. This Shiba Inu burn remained more or less similar to the previous ones given that despite millions of tokens burned, there was still no significant decrease in the supply.

In the last 24 hours, more than 27.5 million SHIB tokens were reported to get burned. Undoubtedly these tokens...
SHIB's Metaverse Issues Call to Action to Community, Here's What It Is

As SHIB continues to gain traction, the SHIB metaverse says it is moving lightning-fast to build and complete each land using the highest standards of technology.

In the wake of this, the team is sending out a call to action to community members to enable it to build on its momentum....