{"id":27394,"date":"2025-05-19T03:16:31","date_gmt":"2025-05-19T03:16:31","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=27394"},"modified":"2025-05-19T03:16:31","modified_gmt":"2025-05-19T03:16:31","slug":"shiba-inus-burn-rate-fires-588-key-indicators-flash-buy-what-up","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=27394","title":{"rendered":"Shiba Inu&#8217;s Burn Rate Fires 588%, Key Indicators Flash &#8216;Buy&#8217; \u2014 What Up?"},"content":{"rendered":"<div>\n<p>Nearly 23 million <strong>Shiba Inu<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/shib\/usd\">SHIB<\/a>) were kicked out of circulation Sunday, applying further deflationary pressure on the popular dog-themed meme coin.<\/p>\n<p><strong>What happened: <\/strong>The burn rate exploded 588.22% in the last 24 hours, resulting in a supply squeeze of 22.94 million SHIB tokens, <a href=\"https:\/\/www.shibburn.com\/\">according<\/a> to Shibburn, the coin\u2019s official burn tracker.<\/p>\n<p>At the time of writing, about 410.74 trillion SHIBs have been burned, with the circulating supply at 584.45 trillion.<\/p>\n<p>Coin burning entails sending a cryptocurrency to an unusable wallet address to remove it from &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/05\/45486253\/shiba-inus-burn-rate-fires-588-key-indicators-flash-buy-what-up\" alt=\"Shiba\" inu burn rate fires key indicators flash what up>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Nearly 23 million Shiba Inu (CRYPTO: SHIB) were kicked out of circulation Sunday, applying further deflationary pressure on the popular dog-themed meme coin. What happened: The burn rate exploded 588.22% in the last 24 hours, resulting in a supply squeeze of 22.94 million SHIB tokens, according to Shibburn, the coin\u2019s official burn tracker. At the [&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-27394","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\/27394","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=27394"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/27394\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=27394"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=27394"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=27394"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}