Shiba Inu price at risk as burn rate, Shibarium fees fall
Shiba Inu is highly volatile as its burn rate and Shibarium transaction fees continue to fall. Shiba Inu (SHIB) retreated to $0.000022, down by 33% from its highest level this month. At last check Saturday, the Ethereum meme coin was up at least 3.5%. See below. Source: CoinGecko Why did Shiba Inu retreat? This retreat […]
Bitget announces first BGB token burn, reducing supply by 40%
Bitget has unveiled a big update for its BGB token, with plans for ongoing quarterly repurchases and burns. Cryptocurrency exchange Bitget has announced updates to its Bitget Token (BGB) whitepaper, introducing new changes to its tokenomics. According to a Friday announcement, Bitget will burn 800 million BGB tokens held by the core team, representing 40% […]
BonkDAO announces plans to burn 1.69t BONK in “BURNmas” event
A $54.52 million worth of token burn is the goal of this Solana meme community-driven project to increase BONK’s demand in the crypto market. As part of the community holiday celebration called “BURNmas”, BonkDAO has unveiled an ambitious plan to burn 1.69 trillion Bonk (BONK) tokens, or $54.52 million. By decreasing the amount of BONK […]
Can Shiba Inu price really soar to $1 as burn rate jumps?
Shiba Inu price continued to consolidate this weekend even as some cryptocurrency analysts remained optimistic. Shiba Inu (SHIB), the second-biggest meme coin in crypto, was trading at $0.00002812, up by 163% from its lowest level in August. Some analysts predict that Shiba Inu was on the cusp of a strong bullish breakout in the coming […]
Shiba Inu price could rise 60% as burn rate rises 3,400%
Shiba Inu price has retreated for two consecutive days, even as the burn rate jumped by over 3,400%. Shiba Inu (SHIB), the second-largest meme coin, retreated to $0.00002765, down by 16.2% from its highest level this month. This retreat was mostly due to the ongoing pullback of Bitcoin (BTC) and other cryptocurrencies. Bitcoin slipped below […]
Shiba Inu soars over 17% on heels of burn rate spike
Dog-themed meme coin Shiba Inu is currently up by 17.7% for the day and 30% over the past week. The upward momentum marks the highest Shiba Inu (SHIB) reached since April 1. Source: CoinGecko Multiple media reports suggest the rally is due to a massive burn rate spike — over 7,400% — and a reduced supply. Whether […]
BONK pumps 30%, BONK DAO to burn a trillion coins by holiday
Solana-based meme coin BONK has jumped 30% in the last 24 hours as the BONK DAO announces an ambitious plan to burn 1 trillion tokens through a community-driven campaign. The price of Bonk (BONK) has also seen a 116% pump in the last seven days. The token currently holds a $3.49 billion market capitalization. Caption: […]
Shiba Inu price could surge 90% as burn rate increases
Shiba Inu price moved into a bear market, falling by over 20% from its highest level this week as the recent crypto bull run faded. Shiba Inu (SHIB), the second-biggest meme coin in crypto, was trading at $0.000024 on Friday, Nov. 15, as most coins dropped. Bitcoin (BTC) remained below $90,000 as the recent bull […]
