{"id":3965,"date":"2024-12-09T19:20:23","date_gmt":"2024-12-09T19:20:23","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=3965"},"modified":"2024-12-09T19:20:23","modified_gmt":"2024-12-09T19:20:23","slug":"dogecoin-killer-shiba-inu-burn-rate-surges-876-is-shib-price-really-insanely-strong","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=3965","title":{"rendered":"&#8216;Dogecoin Killer&#8217; Shiba Inu Burn Rate Surges 876%: Is SHIB Price Really &#8216;Insanely Strong&#8217;?"},"content":{"rendered":"<div>\n<p><strong>Shiba Inu <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/shib\/usd\">SHIB<\/a>) is seeing increasing burn rates even though <a href=\"https:\/\/www.benzinga.com\/money\/shiba-inu-price-prediction\">prices remain stagnant.<\/a><\/p>\n<p><strong>What Happened:<\/strong> Shibburn data revealed that 40.46 million SHIB coins were burned in a single transaction, pushing the burn rate higher by 876.05%. <\/p>\n<p>This followed another 250 million SHIB burned just three days earlier. <\/p>\n<p>The event highlights the ongoing effort to reduce supply and drive long-term value for holders.<\/p>\n<p>Crypto trader Bluntz Capital shared his long position on SHIB, calling it \u201cinsanely strong.\u201d <\/p>\n<p>Despite its solid uptrend, Bluntz emphasized that the meme coin has yet to experience a parabolic breakout.<\/p>\n<p> On the SHIB\/BTC pair, Bluntz noted accumulation at &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/12\/42397626\/dogecoin-killer-shiba-inu-burn-rate-surges-876-is-shib-price-really-insanely-strong\" alt=\"'Dogecoin\" killer shiba inu burn rate surges is shib price really strong>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Shiba Inu (CRYPTO: SHIB) is seeing increasing burn rates even though prices remain stagnant. What Happened: Shibburn data revealed that 40.46 million SHIB coins were burned in a single transaction, pushing the burn rate higher by 876.05%. This followed another 250 million SHIB burned just three days earlier. The event highlights the ongoing effort to [&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-3965","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\/3965","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=3965"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/3965\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3965"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3965"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3965"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}