The SHIB Burn That Wasn't: Why 1.2 Billion Tokens Failed to Spark a Rally
1.2 billion Shiba Inu tokens incinerated in 24 hours. Exchange outflows...
Burn Mechanism related articles
1.2 billion Shiba Inu tokens incinerated in 24 hours. Exchange outflows...
The numbers landed with a thud in my terminal this morning: 110 million SHIB...
| Coin | Price | 24h |
|---|---|---|
|
BTC
Bitcoin
|
$77,194.4 | -2.03% |
|
ETH
Ethereum
|
$2,447.12 | -3.14% |
|
SOL
Solana
|
$100.22 | -2.55% |
|
BNB
BNB Chain
|
$724.3 | -0.03% |
|
XRP
XRP Ledger
|
$1.41 | -1.09% |
|
DOGE
Dogecoin
|
$0.0825 | -2.58% |
|
ADA
Cardano
|
$0.2043 | -3.27% |
|
AVAX
Avalanche
|
$7.52 | -0.95% |
|
DOT
Polkadot
|
$0.9924 | -1.54% |
|
LINK
Chainlink
|
$11.4 | -1.56% |
Greed
Market Sentiment
Circulating supply increases by about 2%
Raises validator limit and account abstraction
92 million ARB released
Block reward halving event
Independent validator client goes live on mainnet
Improves data availability sampling efficiency
Block reward reduced to 3.125 BTC
Team and early investor shares released
Bitcoin Season
| # | Coin | Price |
|---|---|---|
| 1 |
Bitcoin
BTC
|
$77,194.4 |
| 1 |
Ethereum
ETH
|
$2,447.12 |
| 1 |
Solana
SOL
|
$100.22 |
| 1 |
BNB Chain
BNB
|
$724.3 |
| 1 |
XRP Ledger
XRP
|
$1.41 |
| 1 |
Dogecoin
DOGE
|
$0.0825 |
| 1 |
Cardano
ADA
|
$0.2043 |
| 1 |
Avalanche
AVAX
|
$7.52 |
| 1 |
Polkadot
DOT
|
$0.9924 |
| 1 |
Chainlink
LINK
|
$11.4 |