{"id":3273,"date":"2024-11-25T20:04:26","date_gmt":"2024-11-25T20:04:26","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=3273"},"modified":"2024-11-25T20:04:26","modified_gmt":"2024-11-25T20:04:26","slug":"shiba-inu-burn-rate-soars-487-in-a-day-what-is-going-on","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=3273","title":{"rendered":"Shiba Inu Burn Rate Soars 487% In A Day: What Is Going On?"},"content":{"rendered":"<div>\n<p><strong>Shiba Inu<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/shib\/usd\">SHIB<\/a>) has gained traction amid rising burn rates, sparking optimism among technical analysts about bullish momentum <a href=\"https:\/\/www.benzinga.com\/money\/shiba-inu-price-prediction\">for the token.<\/a><\/p>\n<p><strong>What Happened:<\/strong> According to Shibburn data, the burn rate for SHIB surged by 486.8% over the past day, with 5.9 million SHIB coins permanently removed from circulation.<\/p>\n<p> A single transaction alone accounted for around 2 million burned tokens.<\/p>\n<p>Shytoshi Kusama, the pseudonymous lead developer of Shiba Inu, recently <a href=\"https:\/\/x.com\/ShytoshiKusama\/status\/1860503088324387310\">noted<\/a> that while burning 99% of SHIB&#8217;s supply seemed improbable in the past, it now appears &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/11\/42173367\/shiba-inu-burn-rate-soars-487-in-a-day-what-is-going-on\" alt=\"Shiba\" inu burn rate soars in a day: what is going on>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Shiba Inu (CRYPTO: SHIB) has gained traction amid rising burn rates, sparking optimism among technical analysts about bullish momentum for the token. What Happened: According to Shibburn data, the burn rate for SHIB surged by 486.8% over the past day, with 5.9 million SHIB coins permanently removed from circulation. A single transaction alone accounted for [&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-3273","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\/3273","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=3273"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/3273\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3273"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3273"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3273"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}