{"id":182,"date":"2024-09-23T04:16:45","date_gmt":"2024-09-23T04:16:45","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=182"},"modified":"2024-09-23T04:16:45","modified_gmt":"2024-09-23T04:16:45","slug":"dogecoin-killer-shiba-inus-burn-rate-shoots-up-772-shytoshi-kusama-on-picking-up-the-pace-requires-funds-to-do-so","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=182","title":{"rendered":"&#8216;Dogecoin Killer&#8217; Shiba Inu&#8217;s Burn Rate Shoots Up 772%, Shytoshi Kusama On Picking Up The Pace: &#8216;Requires Funds To Do So&#8217;"},"content":{"rendered":"<div>\n<p>Popular dog-themed memecoin <strong>Shiba Inu<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/shib\/usd\">SHIB<\/a>) recorded a significant jump in its burn rate in the last 24 hours, although the community remained unimpressed.<\/p>\n<p><strong>What happened<\/strong>: About 15.08 million SHIB tokens were kicked out of circulation, according to the official burn tracker, <a href=\"https:\/\/www.shibburn.com\/\">Shibburn<\/a>, marking a surge of 772% over the last 24 hours.<\/p>\n<p>As is well known, coin burning is the process of purposely sending a cryptocurrency token to an unusable wallet address to remove it from circulation. This is done to generate scarcity and increase the market value of the token.<\/p>\n<p>As of this writing, nearly 410.728 trillion SHIB tokens have gone up in smoke.<\/p>\n<p>Despite the substantial increase in burn rate, many members &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/09\/40973267\/dogecoin-killer-shiba-inus-burn-rate-shoots-up-772-shytoshi-kusama-on-picking-up-the-pace-\" alt=\"'Dogecoin\" killer shiba inu burn rate shoots up shytoshi kusama on picking the pace: funds to do so>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Popular dog-themed memecoin Shiba Inu (CRYPTO: SHIB) recorded a significant jump in its burn rate in the last 24 hours, although the community remained unimpressed. What happened: About 15.08 million SHIB tokens were kicked out of circulation, according to the official burn tracker, Shibburn, marking a surge of 772% over the last 24 hours. As [&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-182","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\/182","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=182"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/182\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=182"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=182"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=182"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}