The SHIB burn rate surged by 341,896% in 24 hours, but the actual burned volume was only 1,313,162 SHIB — too small to materially affect the Shiba Inu price in
Story Tags
CoinOtag
Latest news and analysis from CoinOtag
September 8, 2025CoinOtag
CoinOtagShiba Inu SHIB Burns Surge 341,896% but 1.3M Tokens Burned May Not Move Price
Related Articles
2 overbought cryptocurrencies to avoid trading next week
The cryptocurrency market is currently consolidating, but several assets are witnessing increased buying pressure, pushing them into overbought territory. Notably, analysis of on-chain data indicates ...
1 min
ChatGPT Sets XRP Price for November 30, 2025
As the crypto market approaches the end of 2025, XRP remains one of the most-watched digital assets. With ongoing developments in cross-border payments, institutional liquidity solutions, and the incr...
1 min
Shiba Inu Faces Potential Trap as Trading Volume Declines Sharply
Shiba Inu (SHIB) is currently trapped in a tight consolidation range near $0.0000102, facing declining trading volume and weak technical structure. With volumes down over 60% since early October, the...
1 min