Yuri Molchan Recent launch of Shibarium seems to have given major impulse to Shiba Inu burn enthusiasts According to the Shibburn rate tracking website, over the past 24 hours, the Shiba Inu community...
Tag: Burn
USDC records largest single burn amid bank collapse
Since the beginning of this week, Circle has burned a record $2.2 billion USDC. The redemptions exceeded $4 billion on March 14. The data suggests that many further USDC burns occurred throughout seve...
Biggest USDC burn on record just occurred, net redemptions since Friday reach $4.5 billion
Circle’s stablecoin continues to struggle to win back confidence, and the biggest redemption on record just occurred as $723.5 million was sent to a null address and burnt, according to data via...
Terra Luna Classic Burn Reaches 50B, Price to Rally?
Terra Luna Classic’s total burn reaches nearly 50 billion as a project committing massive weekly burn sends over 106 million LUNC to the burn address. The community burned over 547 million LUNC tokens...
Shiba Inu (SHIB) Burn Rate up 2,400%, Here’s How Price Is Reacting
Godfrey Benjamin Shiba Inu burn rate might have been bolstered by newly launched Shibarium beta Shiba Inu (SHIB), the world’s second largest meme coin, is seeing a sustained uptrend in its burn ...
Shiba Inu Burn Machine Has No Effect on 590 Trillion SHIB Supply, Data Shows
Arman Shirinyan Shiba Inu burning mechanism struggles to beat enormous 590 trillion supply Shiba Inu, the meme-inspired cryptocurrency, has been burning millions of its tokens since its creation. Howe...
Shiba Inu (SHIB) Burn Rate Amid Market Turmoil Shows Unexpected Performance
Arman Shirinyan Shiba Inu’s burn rate plummets amid market volatility spike, here’s how it performs Shiba Inu shows an underperforming burn rate. Historically, during volatile market perio...
Shiba Inu Ablaze With 30,000% Burn Rate
While it may have been created only in 2020, Shiba Inu – a decentralized cryptocurrency that operates on the Ethereum blockchain – has already gained a significant following because of its catchy dog-...
SHIB Burn Rate up Whopping 27,954%, Billions of Shiba Inu Go up in Flames
Yuri Molchan Several billion Shiba Inu removed from circulation, pushing burn rate to staggering high Contents Burn rate jumps by nearly 30,000% Shibarium to launch this week Shibburn tracker has shar...
Shiba Inu (SHIB) Burn Rate up 26,000%, Price Revival Resumes
Godfrey Benjamin Shiba Inu burn rate has shown how healthy protocol inherently is Shiba Inu (SHIB) has recorded a bullish surge in one of its core performance metrics, its burn rate. According to data...
Hot Tap Water Burns Thousands Of Americans Every Year—Even Killing Some. Researchers Say There Is A Cheap Fix
Topline Hot tap water seriously burns tens of thousands of Americans every year, according to research published in Injury Prevention on Tuesday, a costly drain on public resources researchers say cou...
Proposal To Remove Core Dev “Zaradar”, 50B Terra Luna Classic Burn
LUNC News: The Terra Luna Classic community currently votes on a proposal to remove developer Tobias “Zaradar” Anderson from the Joint L1 Task Force developer group. Meanwhile, validators and projects...
CAKE’s latest burn stats bookend countdown to V3 deployment
More than 750 million CAKE tokens have been burned till date Weekly trading volume on PancakeSwap recorded a 10% drop As part of its latest burning round, popular decentralized exchange (DEX) PancakeS...
Can Ethereum’s Burn Rate and NFT Surge Hold off the Bears?
On the back of soaring NFT activity, Ethereum tests $1,700. On-chain metrics show the recent ETH price downswing could dip further in March 2023. Ethereum (ETH) was lauded after EIP-1559 successfully ...
Shiba Inu (SHIB) Burn Rate up 840%, Here’s What This Means for Price
Godfrey Benjamin Shiba Inu price down, but its burn rate gives confidence about its future price growth Monday morning on the crypto market is proving to be a time many market stakeholders are not loo...
Binance Reveals Date For Next LUNC Burn; Terra Classic Price Pump Ahead?
Binance, the largest cryptocurrency exchange in the world, recently finished its 7th batch of the LUNC burn by eliminating roughly 8.9 billion LUNC tokens from circulation. This event finally marked t...
Terra Luna Classic Upgrade Is Live To Restore Binance LUNC Burn
Terra Luna Classic (LUNC) developer group the Joint L1 Task Force successfully triggered the v1.1.0 network upgrade at block height 11,734,000 at 08:46:56 AM on March 1. Terra Luna Classic’s largest v...
Terra Classic (LUNC) Back to Life to Restore Binance LUNC Burn – Cryptopolitan
Terra (LUNA) has recently undergone a critical network upgrade that promises to restore the functionality of the Binance LUNC burn mechanism. The upgrade, dubbed the Terra Classic network, has been li...
Binance LUNC Burn Could Be Utility Moment For Terra Luna Classic
Binance reinstating its LUNC burn mechanism is the key moment for the Terra Luna Classic community. With Proposal 11367 officially passed, the blockchain will be halted at block 11,734,000 height. The...
Wrapped Bitcoin supply drops to negative after 11,500 wBTC burn linked to Celsius
The supply of wrapped Bitcoin (wBTC) dropped to its lowest since May 2021 after the second-largest single-day burn on Feb. 27. A total of 11,500 wBTC ($260 million) linked to now-bankrupt crypto lend...
Terra Community Votes In Favor Of LUNC Burn On Binance Proposal
Terra Classic votes in favor of the LUNC burns proposal with a 96.6% majority. The proposal addresses Binance’s conditions for resuming LUNC burns. Upgrade may prompt Binance to resume LUNC burns at a...
Shiba Inu (SHIB) Price Reacts to 1,449% Rise of Burn Rate, What’s Next?
Arman Shirinyan Shiba Inu sees significant increase in burn rate but struggles to break free from its local downtrend Shiba Inu (SHIB) has recently shown a 1,449% increase in its burn rate, which is a...
US inflation primed to ‘turn and burn’
At long last, markets were reinvigorated as the Federal Reserve eased to quarter-point rate hikes on February 1st. As Memphis Raines put it, ‘Champagne would fall from the heavens, doors would open an...
Binance LUNC Burn To Return As Terra Luna Classic Proposal Passes?
The world’s largest crypto exchange Binance presented some terms directly to the Terra Luna Classic community in order to continue its LUNC burn mechanism from March 1. In response, the Terra Luna Cla...
Shiba Inu (SHIB) Burn Rate Continues to Decline, Here’s What May Be Keeping It Down
Yuri Molchan Several millions of SHIB have been removed from circulation, but the burn rate remains in decline Contents 4.4 million SHIB removed in 24 hours SHIB army making bets whether Shibarium lau...
BabyDoge Burns 33T+ Tokens Since Burn Portal Launch
The latest burns bring total cumulative burns to 203 quadrillion tokens, per data from the project’s official website. The BabyDoge burn campaign has witnessed significant momentum following the launc...