Shiba Inu Intensifies Token Burns: Over 8 Billion SHIB Incinerated
The Shiba Inu team has escalated SHIB token burns, recently incinerating over 8 billion tokens, contributing to a total of over 33.8 billion burned in December.
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The Shiba Inu team has escalated SHIB token burns, recently incinerating over 8 billion tokens, contributing to a total of over 33.8 billion burned in December.
Following a record burn of over 8.3 billion tokens, Shiba Inu's burn rate has soared by an unprecedented 7,686,774.46%, coinciding with a wider upsurge in the cryptocurrency market.
BNB’s price failed to react to the exchange’s latest token burn.
The supply of the second-largest crypto asset Ethereum (ETH) is deflating, thanks to the success.
BONK saw significant loss in its value after the burning event.
The Ethereum (ETH) burn was implemented with the EIP-1559 and since then, thousands of ETH have been burned and taken out of circulation.
Impressive Ethereum network metrics have not kept bears at bay. ETH staking and burning stats remain strong.
Token Burning is simply removing or destroying a reasonable amount of a project’s total supply.
If you have been loyal to the big names of the cryptocurrency market, perhaps it is time to widen your ...
Based on the price of BNB and the number of blocks generated on BSC during the quarter, the BNB auto-burn mechanism automatically modifies the amount of BNB to be burned.