SHIB Burn Rate Jumps 1,318% After PuppyNet Launch – Half Billion Shiba Inu Gone in Single Burn

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...

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...

Massive 485 Million SHIB Burn In Single Transaction Ahead Shibarium Release

Massive amount of SHIB burn by a whale is raising speculation in the Shiba Inu community. The whale sent over billions of SHIB tokens to Shiba Inu’s dead wallet address on Thursday. The whale again se...

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...

Shiba Inu Coin Burn Rate Skyrockets Ahead Of Shibarium Launch This Week

The burn rate of SHIB tokens has skyrocketed by 26462% over the last 24 hours. According to Shytoshi Kusama, the lead developer of Shiba Inu, Shibarium, the Layer-2 blockchain, will be launched this w...

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...

Shiba Inu Burn Rate Surges Around 8000% Ahead of Shibarium Launch

A total of 43,192,603 (43.19M) SHIB have been burned. One wallet delivered a tremendous sum of 23,000,000 (23M) SHIB to the dead wallet. The total number of Shiba Inu (SHIB) burnt during the previous ...

Shiba Inu (SHIB) Burn Rate Explodes Nearly 8,000% As Dogecoin Rival Gets Surprise Listing from Major Exchange

Shiba Inu’s rate of token burns has skyrocketed nearly 8,000% as the SHIB community welcomes yet another listing from a major crypto exchange. According to Shibburn, which keeps track of SHIB burning,...

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 Burn Rate Spikes 1700% as Team Releases Shibarium Portal

Altcoin News The Shiba Inu community is making headway in its efforts to broaden its ecosystem. 63,869,939 SHIB tokens were burned in a single transaction. The Shiba Inu team has now released the Shib...

SHIB Burn Rate Spikes By 1,700% Ahead Of Shibarium Launch

Shiba Inu (SHIB), the second largest meme coin in the crypto market, is gaining lots of traction lately. All thanks to the upcoming Shibarium launch and recent partnerships. SHIB price has gained more...

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...