Shiba Inu dips, Shibarium crosses milestone, burn rate soars

Can Shiba Inu price really soar to $1 as burn rate jumps?

Shiba Inu price retreated over the weekend as crypto traders’ attention may have turned to official Trump. The Shiba Inu token (SHIB) fell to $0.00002099, down 9%. Source: CoinGecko Its retirement mirrored that of other popular coins like Pudgy Penguins, Dogwifhat, Popcat and Peanut the Squirrel. One potential reason for this price action is that … Read more

Shiba Inu coin price could fall 50% as Shibarium fees, burn rate crash

Shiba Inu coin price could fall 50% as Shibarium fees, burn rate crash

Shiba Inu coin price has collapsed more than 35% from its December high and faces further downside risks as Shibarium burn rate and fees continue to decline. Shiba Inu (SHIB) retreated to $0.00002150 on January 6, joining other popular meme coins like Dogecoin (DOGE), Pepe (PEPE), and Fartcoin. According to Shibburn, SHIB’s burn rate has … Read more

Shiba Inu price at risk as burn rate, Shibarium fees fall

Shiba Inu price at risk as burn rate, Shibarium fees fall

Shiba Inu is very volatile as its burn rate and Shibarium transaction fees continue to decline. Shiba Inu (SHIB) fell to $0.000022, down 33% from its highest level this month. At last check on Saturday, the Ethereum meme coin was up at least 3.5%. See below. Source: CoinGecko Why did Shiba Inu retire? This decline … Read more

BonkDAO announces plans to burn 1.69t BONK in “BURNmas” event

BonkDAO announces plans to burn 1.69t BONK in "BURNmas" event

A token burn worth $54.52 million is the goal of this Solana Meme community project aimed at increasing demand for BONK in the crypto market. As part of the community holiday called “BURNmas,” BonkDAO revealed an ambitious plan to burn 1.69 trillion Bonk tokens (BONK), or $54.52 million. By decreasing the amount of BONK in … Read more

Can Shiba Inu price really soar to $1 as burn rate jumps?

Can Shiba Inu price really soar to $1 as burn rate jumps?

Shiba Inu price continued to consolidate over the weekend even as some cryptocurrency analysts remained optimistic. Shiba Inu (SHIB), the second largest crypto coin, was trading at $0.00002812, up 163% from its August low. Some analysts predicted that Shiba Inu was poised for a strong bullish breakout in the coming weeks. In an article X, … Read more

Will Floki price rise 40% to ATH as token burn accelerates?

Will Floki price rise 40% to ATH as token burn accelerates?

Floki is forming numerous uptrends that observers believe could portend more upside, potentially to an all-time high this year. Floki (FLOKI), the sixth largest coin, was trading at $0.000256, pushing its market cap to over $2.4 billion. The coin could have more potential, aided by the continued burning of tokens. Data from CryptoEye showed that … Read more

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