{"id":21801,"date":"2025-04-12T14:16:38","date_gmt":"2025-04-12T14:16:38","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=21801"},"modified":"2025-04-12T14:16:38","modified_gmt":"2025-04-12T14:16:38","slug":"shiba-inus-burn-rate-skyrockets-580-as-cryptocurrency-market-rebounds","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=21801","title":{"rendered":"Shiba Inu&#8217;s Burn Rate Skyrockets 580% as Cryptocurrency Market Rebounds"},"content":{"rendered":"<div>\n<p>In the midst of a wider cryptocurrency market recovery, the burn rate of <strong>Shiba Inu<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/shib\/usd\">SHIB<\/a>) has seen a dramatic increase of 580%.<\/p>\n<p><strong>What Happened<\/strong>: A significant rise in the burn rate and price of the Shiba Inu token, despite a decrease in volume.\u00a0Data from blockchain tracking firm\u00a0Shibburn indicates a 580.28% increase in SHIB\u2019s\u00a0burn rate over the last\u00a0day.<\/p>\n<p>This surge coincides with a 4.27% increase in the overall crypto market capitalization. SHIB\u2019s price has also followed this upward trend, rising by 5.89% during the same period.<\/p>\n<p>The SHIB team reportedly burned 16,607,692 SHIB in the last 24 hours, a 590.19% increase from the previous day. This token burning strategy is designed\u00a0to reduce the circulating supply\u00a0and &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/04\/44778101\/shiba-inus-burn-rate-skyrockets-580-as-cryptocurrency-market-rebounds\" alt=\"Shiba\" inu burn rate skyrockets as cryptocurrency market rebounds>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>In the midst of a wider cryptocurrency market recovery, the burn rate of Shiba Inu (CRYPTO: SHIB) has seen a dramatic increase of 580%. What Happened: A significant rise in the burn rate and price of the Shiba Inu token, despite a decrease in volume.\u00a0Data from blockchain tracking firm\u00a0Shibburn indicates a 580.28% increase in SHIB\u2019s\u00a0burn [&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-21801","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\/21801","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=21801"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/21801\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=21801"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=21801"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=21801"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}