Cointime

Cointime

Download App
iOS & Android
Home / Projects

Shiba Inu's Burn Rate Feature Sees 113% Growth in 24 Hours, Upsides to Watch in Ecosystem

Shiba Inu (SHIB), a popular meme coin, has seen a minor uptick in its burn rate feature, with more than 179 million SHIB tokens sent to dead wallets in the past 24 hours, representing 113% growth.

The burn rate is an important metric for determining the deflationary status of the coin, and with a steadily growing burn rate, there are significant upsides to watch in the meme coin ecosystem. One of these upsides is the potential for the price of the token to soar if matched with corresponding demand from buyers.

The Shiba Inu ecosystem has also been gaining recognition, with the lead developer listed as a speaker at the Blockchain Futurist Conference and the launch of Shibarium on mainnet set to compete in the DeFi ecosystem.

Shiba Inu Shiba Inu $0.00
-3.17%
Shiba Inu
Comments

All Comments

Recommended for you

  • BTC falls below $72,000

    the market shows BTC has fallen below $72,000, currently trading at $71,959.7 with a 24-hour increase of 0.69%. The market is volatile, please be prepared for risk control.

  • BTC breaks through $67,300

    market data shows that BTC has broken through $67,300 and is currently trading at $67,301.99, with a 24-hour increase of 0.56%. The market is volatile, so please be prepared for risk management.

  • BTC falls below $67,000

    the market shows BTC has fallen below $67,000 and is now trading at $66,999.23, with a 24-hour decline of 0.6%. The market is volatile, so please be prepared for risk control.

  • BTC breaks through $67,000

    According to Jinse Finance, the market shows that BTC has broken through $67,000 and is now trading at $67,002, with a 24-hour decline narrowing to 1.51%. The market is volatile, please be prepared for risk control.

  • IBIT had a net inflow of US$291 million yesterday

    According to data from Bloomberg Terminal, the net inflow of $291 million was recorded yesterday for the BlackRock Bitcoin Spot ETF IBIT.

  • SUI breaks above $2

    market shows SUI breaking through $2 and currently trading at $2.01, with a 24-hour increase of 7.49%. The market is volatile, so please manage your risks.

  • BTC breaks through $67,000

    the market shows BTC has broken through $67,000 and is currently trading at $67,011.99, with a 24-hour decline of 0.26%. The market is volatile, so please be prepared to manage risks.

  • AAVE breaks above $150

    market data shows that AAVE has broken through $150 and is currently trading at $150.05, with a 24-hour drop of 0.5%. The market is volatile, so please exercise caution and manage your risks.

  • APT falls below $10

    market shows APT has fallen below $10 and is now trading at $9.99, with a 24-hour decline of 8.1%. The market is volatile, so please be prepared for risk control.

  • BTC falls below $66,500

    according to market data, BTC has fallen below $66,500 and is now trading at $66,494.36, with a 24-hour decline of 0.74%. The market has been volatile, so please be prepared for risk control.

Daily Must-Read

Popular Activities

Delysium $AGI & AI Private Yacht Party

Delysium $AGI & AI Private Yacht Party

March 27 - March 27
Seoul

Popular Tags

Cointime
News
Contents
RSS
Company