{"id":4234,"date":"2024-12-14T21:29:33","date_gmt":"2024-12-14T21:29:33","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=4234"},"modified":"2024-12-14T21:29:33","modified_gmt":"2024-12-14T21:29:33","slug":"shiba-inu-burn-rate-skyrockets-515-33-will-the-price-increase","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=4234","title":{"rendered":"Shiba Inu Burn Rate Skyrockets 515.33% &#8211; Will The Price Increase?"},"content":{"rendered":"<div>\n<p>The burn rate of the\u00a0meme cryptocurrency, <strong>Shiba Inu <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/shib\/usd\">SHIB<\/a>), has surged by a whopping 515.33%. This data comes from the widely used <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/11\/42254813\/shiba-inu-burn-skyrockets-7400-nearly-2b-tokens-destroyed\">transaction tracker\u00a0Shibburn<\/a>.<\/p>\n<p><strong>What Happened<\/strong>: The Shibburn data shows there has been a significant rise in SHIB transfers to dead-end wallets. The SHIB community has been actively participating in this activity, resulting in a substantial daily burn rate increase. Despite these efforts, the SHIB price has been unable to surpass the resistance at $0.00002888.<\/p>\n<p>The data also shows that the SHIB burn rate experienced a dramatic increase of 572.29% overnight, with 72,847,617 SHIB being\u00a0locked in unspendable wallets. The\u00a0largest single transfer involved 70,605,175 SHIB coins, which occurred approximately an hour ago.<\/p>\n<p>However, the burn rate over the past week has not been as encouraging. &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/12\/42497241\/shiba-inu-burn-rate-skyrockets-515-33-will-the-price-increase\" alt=\"Shiba\" inu burn rate skyrockets will the price increase>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The burn rate of the\u00a0meme cryptocurrency, Shiba Inu (CRYPTO: SHIB), has surged by a whopping 515.33%. This data comes from the widely used transaction tracker\u00a0Shibburn. What Happened: The Shibburn data shows there has been a significant rise in SHIB transfers to dead-end wallets. The SHIB community has been actively participating in this activity, resulting in [&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-4234","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\/4234","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=4234"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/4234\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4234"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4234"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4234"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}