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Shiba Inu Price Impact if SHIB Burns 1 Trillion Tokens Every Day

CoinGape LogoCoinGape12h ago

Shiba Inu Price Impact if SHIB Burns 1 Trillion Tokens Every Day - CoinGape

Quick Summary:

The community burn portal shows that 1 trillion SHIB tokens have been burned in total, while the burn rate continues to soar with a 3,000% spike at press time.

Shiba Inu (SHIB) price trades at a four-day high as rising network activity drives a surge in the SHIB burn rate.

If Shibarium’s TVL can balloon past $1 billion and emerge among the top layer twos as adoption grows, the meme coin can achieve 1 trillion token burns.

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Shiba Inu Price Impact if SHIB Burns 1 Trillion Tokens Every Day - CoinGape (Picture 1)Shiba Inu Price Impact if SHIB Burns 1 Trillion Tokens Every Day - CoinGape (Picture 2)Shiba Inu Price Impact if SHIB Burns 1 Trillion Tokens Every Day - CoinGape (Picture 3)Shiba Inu Price Impact if SHIB Burns 1 Trillion Tokens Every Day - CoinGape (Picture 4)

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Article Details

Author / Journalist: muthoni

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-08 @ 08:04:57 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 587 words

Reading Time: 4 minutes read

Sentences: 43 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 28489590

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About CoinGape

CoinGape Logo

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 31 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #59

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The story "Shiba Inu Price Impact if SHIB Burns 1 Trillion Tokens Every Day" was covered 12 hours ago by CoinGape, a news publisher based in India.

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  • URL: https://saintseiya.beamstart.com/news/shiba-inu-price-impact-if-17466915044918

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