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Shiba Inu Burn Rate Plummets 100%, Can SHIB Price Hold $0.000015?

CoinGape LogoCoinGape14h ago

Shiba Inu Burn Rate Plummets 100%, Can SHIB Price Hold $0.000015? - CoinGape

Quick Summary:

Shiba Inu (SHIB) is under sell pressure as its burn rate has hit an absolute halt, with data from Shibburn showing a sharp fall in the token burning.

The total number of SHIB tokens burned from the very start still remains at 410,748,494,626,099 out of the original supply.

This means no SHIB tokens have been destroyed from circulation during this period.

More Pictures

Shiba Inu Burn Rate Plummets 100%, Can SHIB Price Hold $0.000015? - CoinGape (Picture 1)

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Article Details

Author / Journalist: Vignesh Karunanidhi

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-16 @ 16:33:23 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 177 words

Reading Time: 1 minutes read

Sentences: 45 lines

Sentence Length: 4 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 28748461

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About CoinGape

CoinGape Logo

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 23 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #59

Publisher Details

Frequently Asked Questions

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The story "Shiba Inu Burn Rate Plummets 100%, Can SHIB Price Hold $0.000015?" has 177 words across 45 sentences, which will take approximately 1 - 2 minutes for the average person to read.

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The story "Shiba Inu Burn Rate Plummets 100%, Can SHIB Price Hold $0.000015?" was covered 14 hours ago by CoinGape, a news publisher based in India.

How trustworthy is 'CoinGape' news outlet?

CoinGape is a fully independent (privately-owned) news outlet established in 2017 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 23 news stories per day.

It's most recent story was published 9 hours ago.

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  • News ID: #28748461
  • URL: https://yuleyikatongbocaizenmeyang.beamstart.com/news/shiba-inu-burn-rate-plummets-17474135484955

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