Markets· ★★· neutral·

SHIB burn drops to zero in 24 hours, weekly pace falls 69.6%

  • —Daily SHIB burn was $0, a 100% drop in pace
  • —44.6 million SHIB burned over 7 days, pace down 69.59%
  • —413.44 million SHIB burned over 30 days, pace down 88.05%
  • —SHIB rose 9% to $0.00000543 amid a market rally
Why it matters: Slowing burns reduce the deflationary effect for SHIB holders, but the price rise is still supported by the broader market rally.
#SHIB
Source: U.Today
More on this
Markets · 19:28
Shiba Inu (SHIB) breaks key long-term resistance near $0.0000057
 Markets · 18:30
Shiba Inu Burn Rate Plunges 90% in 24 Hours Despite Price Rebound
 Markets · 17:38
SHIB Jumps 6.44% to $0.0000057 on Above-Average Volume