Shiba

Token

Burn

Shiba Inu

<ul class="wp-block-list news-points">
 <li><strong>Shiba Inu’s burn rate surged by 14,575%, eliminating 279 million tokens and boosting network activity and price growth.</strong></li>
 <li><strong>SHIB’s active addresses jumped 37.93%, signaling rising trader interest, while technical indicators point to continued bullish momentum.</strong></li>
 <li><strong>Despite increased whale activity and volatility, long-term SHIB holders show strong confidence, with 53% currently in profit.</strong></li>
</ul>
<p><a href="https://coinedition.com/shiba-inu-to-reach-100b-market-cap-analyst-makes-bold-prediction/" rel="noopener noreferrer nofollow">Shiba Inu</a> Shiba Inu (SHIB) saw a massive 14,575% increase in its burn rate, removing 279 million tokens from circulation. This spike has fueled optimism among traders, driving SHIB’s price up by 1.49% to <a href="https://coinmarketcap.com/currencies/shiba-inu/" target="_blank" rel="noopener noreferrer nofollow">$0.00001878</a> in the past 24 hours.</p>
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   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;"><a href="https://twitter.com/hashtag/ShibaInuCoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#ShibaInuCoin</a> Burn Rate Rockets 14570% Signaling <a href="https://twitter.com/search?q=%24SHIB&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$SHIB</a> Price Rally To $1 <br><br>More than 279 million SHIB tokens removed from the initial supply. <br><br>Getting stronger in this bull run <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f64c-1f3fc.png" alt="🙌🏼" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;"><a href="https://twitter.com/search?q=%24SHIB&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$SHIB</a> <a href="https://twitter.com/hashtag/shibaArmy?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#shibaArmy</a> <a href="https://twitter.com/hashtag/Bone?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Bone</a> <a href="https://t.co/fr6TeuqHjx" target="_blank" rel="noopener noreferrer nofollow">https://t.co/fr6TeuqHjx</a></p>— Shiba Inu (@ShibainuCoin) <a href="https://twitter.com/ShibainuCoin/status/1845923392102256705?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">October 14, 2024</a>
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<p>Shiba Inu’s overall network activity is also up, with the total number of active addresses surging by 37.93% to reach 6,391, according to CryptoQuant data. As SHIB continues to gain attention, market analysts warn traders to stay vigilant as volatility remains high.</p>
<h2 class="wp-block-heading" id="h-token-burn-drives-shib-price-and-network-activity">Token Burn…</h2>
<p>The post <a href="https://coinedition.com/shiba-inu-burn-rate-surges-14575-shib-price-jumps-on-token-scarcity/" rel="noopener noreferrer nofollow">Shiba Inu Burn Rate Surges 14,575%, SHIB Price Jumps on Token Scarcity</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Shiba Inu Burn Rate Surges 14,575%, SHIB Price Jumps on Token Scarcity

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