{"id":13544,"date":"2025-02-17T18:17:44","date_gmt":"2025-02-17T18:17:44","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=13544"},"modified":"2025-02-17T18:17:44","modified_gmt":"2025-02-17T18:17:44","slug":"shiba-inu-coin-burns-over-58-million-tokens-as-weekly-price-increases","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=13544","title":{"rendered":"Shiba Inu Coin Burns Over 58 Million Tokens As Weekly Price Increases"},"content":{"rendered":"<div>\n<p>In the past week, the <strong>Shiba Inu <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/shib\/usd\">SHIB<\/a>) community has successfully burned, or permanently removed, 58,303,050 SHIB <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/03\/37573802\/forget-dogecoin-and-shiba-inu-this-meme-coin-has-surged-nearly-70-in-just-24-hours\">coins from circulation<\/a>.<\/p>\n<p><strong>What Happened<\/strong>: According to the Shibburn blockchain tracker, which keeps track of\u00a0daily and weekly changes in\u00a0the SHIB burn rate, a significant number of SHIB coins were removed from the market. Despite a notable price increase followed by a drop, SHIB concluded the week 6% higher than its initial value.<\/p>\n<p>The weekly burn rate, however, has decreased by 20.77%\u00a0compared to the previous week.\u00a0The daily burn rate also experienced a sharp drop of 95.02%,\u00a0with less than a million\u00a0coins (708,198 SHIB) being transferred to unspendable wallets.<\/p>\n<p><figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><\/p>\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" ...>\n<\/blockquote>\n<\/div>\n<\/figure>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/02\/43768843\/shiba-inu-coin-burns-over-58-million-tokens-as-weekly-price-increases\" alt=\"Shiba\" inu coin burns over million tokens as weekly price increases>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>In the past week, the Shiba Inu (CRYPTO: SHIB) community has successfully burned, or permanently removed, 58,303,050 SHIB coins from circulation. What Happened: According to the Shibburn blockchain tracker, which keeps track of\u00a0daily and weekly changes in\u00a0the SHIB burn rate, a significant number of SHIB coins were removed from the market. Despite a notable price [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-13544","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/13544","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13544"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/13544\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13544"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13544"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13544"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}