Casa Paura e avidità Piscine minerarie Portafogli pubblicizzare Facebook Twitter Telegram Reddit Youtube
Mercato:
24h Vol:
Cryptocurrencies: 18135
Mercata: 101671
Crypto Currency Tracker logo Crypto Currency Tracker logo
ENG
EST
RUS
TUR
DEU
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRO
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VEF
VND
VES
VUV
WST
ZAR
ZMW
ZWL
Mercato
24h Vol
18135
Cryptocurrencies
61.26%
Bitcoin Condividere
CoinGape 2024-11-30 07:23:38

SHIB Burn Rockets 7400% As Exec Burns 80M Coins, Shiba Inu Price to $0.0004?

SHIB Burn Rockets 7400% As Exec Burns 80M Coins, Shiba Inu Price to $0.0004?

Market watchers are once again eyeing Shiba Inu price optimistically, primarily attributable to the latest SHIB burn data. Notably, burn statistics on Saturday indicated a whopping 7,400% uptick in the crypto’s weekly burn rate, as roughly 2 billion coins were destroyed. In turn, crypto enthusiasts are eyeing a potential $0.0004 target for the renowned dog-themed meme coin ahead amid a bullish Q4 market. SHIB Burn Surges 7,400% Weekly As Kaaldhairya Burns 80M Coins According to the official tracker Shibburn on X, the SHIB weekly burn soared 7,418% on Saturday, November 30. This colossal surge comes against the backdrop of 1.93 billion coins removed from the meme token’s market supply. Notably, with the massive burn surge weighing in, the dog-themed meme coin ‘s total supply at the time of reporting was evaluated as 589.26 trillion tokens. For context, the meme coin’s token burn mechanism helps in reducing the asset’s excessive market supply by transferring it to a null address. These tokens can never be retrieved, thereby delivering a considerable blow to the crypto’s supply. In turn, market watchers anticipate a bullish effect on the asset’s price, reflecting the law of supply and demand. Intriguingly, it’s also worth mentioning that Shiba Inu exec Kaaldhairya appears to have contributed significantly to the burn rate surge mentioned above. Kaal took to X as of November 30, revealing that the ecosystem’s semi/auto burns have been working for months, burning over 300M tokens to date. Moreover, the exec said, “I just burned 80M+ SHIB a few minutes ago and enjoyed the cool animation at the end.” While these statements solidified optimism about the meme coin’s long-term prospects, they also cleared any misconceptions about the auto-burns designed to reduce the excessive supply. Additionally, the same exec also revealed that the recent maintenance on Shibarium is complete and that the bridge is now fully functional. This development has further solidified the meme coin’s leading stance in the broader sector. On the other hand, Kaaldhairya also revealed that the team is “still working on upgrades for the burn contracts,” igniting additional discussions over future price movements. What’s Ahead For SHIB Price? At the time of reporting, SHIB price traded at $0.00002593, down marginally by 0.06%. Its intraday low and high were $0.00002551 and $0.00002633, respectively. Besides, the monthly chart for the coin shows a 39% uptick, underscoring optimism in light of the SHIB burn surge and community advancements. Simultaneously, a Shiba Inu price analysis by CoinGape Media revealed that the token eyes potential gains ahead, although the chances of a $1 target this year remain slim. Besides, if the coin sustains its monthly bullish momentum, it could break the resistance of $0.00003. This bullish drive could further pave the path for a $0.0004 price target in turn. Meanwhile, rising Shiba Inu whale accumulations have added to market optimism surrounding the coin’s price action ahead. CoinGape Media reported a major whale to have continued bagging the token amid a bull market. Simultaneously, crypto market participants continue to monitor the meme-themed coin for further price action shifts in light of optimistic statistics. The post SHIB Burn Rockets 7400% As Exec Burns 80M Coins, Shiba Inu Price to $0.0004? appeared first on CoinGape .

La maggior parte ha letto le notizie

Mercato
24h Vol
61.26%
Bitcoin Condividere
36
Oggi notizie
Leggi la dichiarazione di non responsabilità : Tutti i contenuti forniti nel nostro sito Web, i siti con collegamento ipertestuale, le applicazioni associate, i forum, i blog, gli account dei social media e altre piattaforme ("Sito") sono solo per le vostre informazioni generali, procurati da fonti di terze parti. Non rilasciamo alcuna garanzia di alcun tipo in relazione al nostro contenuto, incluso ma non limitato a accuratezza e aggiornamento. Nessuna parte del contenuto che forniamo costituisce consulenza finanziaria, consulenza legale o qualsiasi altra forma di consulenza intesa per la vostra specifica dipendenza per qualsiasi scopo. Qualsiasi uso o affidamento sui nostri contenuti è esclusivamente a proprio rischio e discrezione. Devi condurre la tua ricerca, rivedere, analizzare e verificare i nostri contenuti prima di fare affidamento su di essi. Il trading è un'attività altamente rischiosa che può portare a perdite importanti, pertanto si prega di consultare il proprio consulente finanziario prima di prendere qualsiasi decisione. Nessun contenuto sul nostro sito è pensato per essere una sollecitazione o un'offerta