{"id":651275,"date":"2024-11-03T01:30:06","date_gmt":"2024-11-03T01:30:06","guid":{"rendered":"https:\/\/uniquehot.com\/?p=651275"},"modified":"2024-11-02T12:42:04","modified_gmt":"2024-11-02T12:42:04","slug":"shiba-inu-burn-rate-24271","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/shiba-inu\/shiba-inu-burn-rate-24271\/","title":{"rendered":"Shiba Inu Burn Rate Surge 24,271% While Shibarium Transactions Spike, Catalyst For Rally To $0.00008?"},"content":{"rendered":"

The <\/span>Shiba Inu burn rate<\/span><\/a> has experienced a dramatic rise, soaring by over 24,271% in just one day. This massive token burn, as reported by the Shibburn tracking platform, coincides with a notable uptick in <\/span>Shibarium<\/span><\/a> transactions. Considering the significant volume of tokens burned in these large-scale SHIB transactions, this development could potentially serve as a catalyst for a rally, <\/span>propelling the Shiba Inu price<\/span><\/a> towards the $0.00008 milestone.\u00a0<\/span><\/p>\n

Shiba Inu Burn Rate And Shibarium Transactions Skyrocket<\/h2>\n

The Shiba Inu community has been filled with optimism as reports of an increase in SHIB burns spread across the crypto market. Just this week, recent data revealed that the Shiba Inu burn rate, which measures the number of <\/span>tokens permanently removed from circulation<\/span><\/a>, has seen a dramatic increase in the last few days.\u00a0<\/span><\/p>\n

Related Reading: Dogecoin Bollinger Bands Squeezes Tighter Than It Was Before 2021 Rally, What This Means<\/a><\/div>\n

The Shibburn tracker <\/span>reported<\/span><\/a> a massive 24,271% increase in SHIB burns in a single day, destroying approximately 5,674,617,337 SHIB tokens. Earlier this week, Shibburn unveiled yet another significant rise in Shiba Inu burns via X.\u00a0<\/span><\/p>\n

According to the SHIB burn tracking platform, the rate of tokens <\/span>burned<\/span><\/a> on October 31 had increased by an astounding 373,969.11% in just one day. This massive burn rate resulted in over 5.6 billion SHIB tokens sent to dead wallets. Furthermore, in the last 24 hours <\/span>Shiba Inu recorded a historic moment<\/span><\/a> as $100,019 worth of SHIB tokens were burnt in a single day.\u00a0<\/span><\/p>\n

Notably, the SHIB burn rate has not been the only metric rising in the SHIB ecosystem. Lucie, SHIB’s marketing lead revealed in a recent X (formerly Twitter) <\/span>post<\/span><\/a>, that the daily <\/span>transactions on the Shibarium Layer-2 network<\/span><\/a> has skyrocketed to 3.89 million, recording a total transaction count of 446,904,690 at the time.\u00a0<\/span><\/p>\n

The Shiba Inu marketing lead commemorated Shibarium builders, particularly WoofSwap for its steadfast commitment towards driving growth and innovation in the Shibarium ecosystem. Lucie disclosed that last year, WoofSwap had achieved a major milestone for the Shibarium network after they initiated a significant minting push that contributed to Shibarium burning nearly $1 million worth of SHIB tokens.\u00a0\u00a0<\/span><\/p>\n

Can Recent Rise In SHIB Burns Fuel Surge To $0.00008?<\/h2>\n

The ongoing increase in <\/span>SHIB burns<\/span><\/a>, coupled with the recent rise in Shibarium transactions, marks a significant milestone for the Shiba Inu community. This achievement reflects the <\/span>community\u2019s desire for additional SHIB burns<\/span><\/a> aimed at enhancing the token\u2019s scarcity and driving more demand.\u00a0<\/span><\/p>\n

Related Reading: PEPE Midterm Price Prediction: Is A 326% Rally To $0.00003474 Possible From Here?<\/a><\/div>\n

Typically, when a cryptocurrency is burnt, it means that it has been completely wiped out of circulation, which often creates scarcity and can <\/span>lead to a potential price increase<\/span><\/a> as demand for the cryptocurrency rises.\u00a0<\/span><\/p>\n

In the case of Shiba Inu, the meme coin has a total circulating supply of 589.26 trillion SHIB. Of this substantial supply, 410.7 trillion SHIB tokens have been burned, representing nearly half of its original total supply of 1 quadrillion at its launch hour four years ago.\u00a0<\/span><\/p>\n

Continuous SHIB burns could see the price of Shiba Inu rallying back to former all time highs of $0.000086. Moreover, the optimism generated from the burns is set to drive demand and potentially fuel gradual increase in the <\/span>SHIB\u00a0price to $0.00008.<\/span><\/a>\u00a0<\/span><\/p>\n

As of writing, the <\/span>price of Shiba Inu<\/span><\/a> is trading at $0.000017, marking a 2.3% rise in the last 24 hours. A price increase to the $0.00008 mark would require Shiba Inu jumping by approximately 370.59%.\u00a0<\/span><\/p>\n

\"Shiba
SHIB price holding $0.000017 | Source: SHIBUSDT on Tradingview.com<\/a><\/figcaption><\/figure>\n
Featured image created with Dall.E, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"

The Shiba Inu burn rate has experienced a dramatic rise, soaring by over 24,271% in just one day. This massive token burn, as reported by the Shibburn tracking platform, coincides with a notable uptick in Shibarium transactions. Considering the significant volume of tokens burned in these large-scale SHIB transactions, this development could potentially serve as a catalyst for a rally, propelling the Shiba Inu price towards the $0.00008 milestone.\u00a0 Shiba Inu Burn Rate And Shibarium Transactions Skyrocket The Shiba Inu community has been filled with optimism as reports of an increase in SHIB burns spread across the crypto market. Just this week, recent data revealed that the Shiba Inu burn rate, which measures the number of tokens permanently removed from circulation, has seen a dramatic increase in the last few days.\u00a0 Related Reading: Dogecoin Bollinger Bands Squeezes Tighter Than It Was Before 2021 Rally, What This Means The Shibburn tracker reported a massive 24,271% increase in SHIB burns in a single day, destroying approximately 5,674,617,337 SHIB tokens. Earlier this week, Shibburn unveiled yet another significant rise in Shiba Inu burns via X.\u00a0 According to the SHIB burn tracking platform, the rate of tokens burned on October 31 had increased by an astounding 373,969.11% in just one day. This massive burn rate resulted in over 5.6 billion SHIB tokens sent to dead wallets. Furthermore, in the last 24 hours Shiba Inu recorded a historic moment as $100,019 worth of SHIB tokens were burnt in a single day.\u00a0 Notably, the SHIB burn rate has not been the only metric rising in the SHIB ecosystem. Lucie, SHIB’s marketing lead revealed in a recent X (formerly Twitter) post, that the daily transactions on the Shibarium Layer-2 network has skyrocketed to 3.89 million, recording a total transaction count of 446,904,690 at the time.\u00a0 The Shiba Inu marketing lead commemorated Shibarium builders, particularly WoofSwap for its steadfast commitment towards driving growth and innovation in the Shibarium ecosystem. Lucie disclosed that last year, WoofSwap had achieved a major milestone for the Shibarium network after they initiated a significant minting push that contributed to Shibarium burning nearly $1 million worth of SHIB tokens.\u00a0\u00a0 Can Recent Rise In SHIB Burns Fuel Surge To $0.00008? The ongoing increase in SHIB burns, coupled with the recent rise in Shibarium transactions, marks a significant milestone for the Shiba Inu community. This achievement reflects the community\u2019s desire for additional SHIB burns aimed at enhancing the token\u2019s scarcity and driving more demand.\u00a0 Related Reading: PEPE Midterm Price Prediction: Is A 326% Rally To $0.00003474 Possible From Here? Typically, when a cryptocurrency is burnt, it means that it has been completely wiped out of circulation, which often creates scarcity and can lead to a potential price increase as demand for the cryptocurrency rises.\u00a0 In the case of Shiba Inu, the meme coin has a total circulating supply of 589.26 trillion SHIB. Of this substantial supply, 410.7 trillion SHIB tokens have been burned, representing nearly half of its original total supply of 1 quadrillion at its launch hour four years ago.\u00a0 Continuous SHIB burns could see the price of Shiba Inu rallying back to former all time highs of $0.000086. Moreover, the optimism generated from the burns is set to drive demand and potentially fuel gradual increase in the SHIB\u00a0price to $0.00008.\u00a0 As of writing, the price of Shiba Inu is trading at $0.000017, marking a 2.3% rise in the last 24 hours. A price increase to the $0.00008 mark would require Shiba Inu jumping by approximately 370.59%.\u00a0 Featured image created with Dall.E, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":555595,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[83740],"tags":[83668,89178,84473,83667,89157,86437,84562,84558],"class_list":["post-651275","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-shiba-inu","tag-shib","tag-shib-news","tag-shib-price","tag-shiba-inu","tag-shiba-inu-news","tag-shiba-inu-price","tag-shibusd","tag-shibusdt"],"acf":[],"yoast_head":"\nShiba Inu Burn Rate Surge 24,271% While Shibarium Transactions Spike, Catalyst For Rally To $0.00008?<\/title>\n<meta name=\"description\" content=\"The Shiba Inu burn rate has experienced a dramatic rise, soaring by over 24,271% in just one day after a massive token burn.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/uniquehot.com\/shiba-inu\/shiba-inu-burn-rate-24271\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Shiba Inu Burn Rate Surge 24,271% While Shibarium Transactions Spike, Catalyst For Rally To $0.00008?\" \/>\n<meta property=\"og:description\" content=\"The Shiba Inu burn rate has experienced a dramatic rise, soaring by over 24,271% in just one day after a massive token burn.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/uniquehot.com\/shiba-inu\/shiba-inu-burn-rate-24271\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2024-11-03T01:30:06+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-11-02T12:42:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/10\/Shiba-Inu-SHIB-burn-Small.jpeg?fit=320%2C180\" \/>\n\t<meta property=\"og:image:width\" content=\"320\" \/>\n\t<meta property=\"og:image:height\" content=\"180\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Scott Matherson\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/MathersonScott\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Scott Matherson\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/uniquehot.com\/shiba-inu\/shiba-inu-burn-rate-24271\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/uniquehot.com\/shiba-inu\/shiba-inu-burn-rate-24271\/\"},\"author\":{\"name\":\"Scott Matherson\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d\"},\"headline\":\"Shiba Inu Burn Rate Surge 24,271% While Shibarium Transactions Spike, Catalyst For Rally To $0.00008?\",\"datePublished\":\"2024-11-03T01:30:06+00:00\",\"dateModified\":\"2024-11-02T12:42:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/uniquehot.com\/shiba-inu\/shiba-inu-burn-rate-24271\/\"},\"wordCount\":597,\"publisher\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/shiba-inu\/shiba-inu-burn-rate-24271\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/10\/Shiba-Inu-SHIB-burn-Small.jpeg?fit=320%2C180\",\"keywords\":[\"SHIB\",\"SHIB news\",\"SHIB price\",\"Shiba Inu\",\"Shiba Inu news\",\"Shiba Inu Price\",\"SHIBUSD\",\"SHIBUSDT\"],\"articleSection\":[\"Shiba Inu\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/uniquehot.com\/shiba-inu\/shiba-inu-burn-rate-24271\/\",\"url\":\"https:\/\/uniquehot.com\/shiba-inu\/shiba-inu-burn-rate-24271\/\",\"name\":\"Shiba Inu Burn Rate Surge 24,271% While Shibarium Transactions Spike, Catalyst For Rally To $0.00008?\",\"isPartOf\":{\"@id\":\"https:\/\/uniquehot.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/uniquehot.com\/shiba-inu\/shiba-inu-burn-rate-24271\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/shiba-inu\/shiba-inu-burn-rate-24271\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/10\/Shiba-Inu-SHIB-burn-Small.jpeg?fit=320%2C180\",\"datePublished\":\"2024-11-03T01:30:06+00:00\",\"dateModified\":\"2024-11-02T12:42:04+00:00\",\"description\":\"The Shiba Inu burn rate has experienced a dramatic rise, soaring by over 24,271% in just one day after a massive token burn.\",\"breadcrumb\":{\"@id\":\"https:\/\/uniquehot.com\/shiba-inu\/shiba-inu-burn-rate-24271\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/uniquehot.com\/shiba-inu\/shiba-inu-burn-rate-24271\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/shiba-inu\/shiba-inu-burn-rate-24271\/#primaryimage\",\"url\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/10\/Shiba-Inu-SHIB-burn-Small.jpeg?fit=320%2C180\",\"contentUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/10\/Shiba-Inu-SHIB-burn-Small.jpeg?fit=320%2C180\",\"width\":320,\"height\":180,\"caption\":\"Shiba Inu SHIB burn Small\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/uniquehot.com\/shiba-inu\/shiba-inu-burn-rate-24271\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/uniquehot.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Shiba Inu Burn Rate Surge 24,271% While Shibarium Transactions Spike, Catalyst For Rally To $0.00008?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/uniquehot.com\/#website\",\"url\":\"https:\/\/uniquehot.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/uniquehot.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/uniquehot.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/uniquehot.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d\",\"name\":\"Scott Matherson\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g\",\"caption\":\"Scott Matherson\"},\"description\":\"Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.\",\"sameAs\":[\"https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott\"],\"url\":\"https:\/\/uniquehot.com\/author\/mathersonscott1\/\"}]}<\/script>\n","yoast_head_json":{"title":"Shiba Inu Burn Rate Surge 24,271% While Shibarium Transactions Spike, Catalyst For Rally To $0.00008?","description":"The Shiba Inu burn rate has experienced a dramatic rise, soaring by over 24,271% in just one day after a massive token burn.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/uniquehot.com\/shiba-inu\/shiba-inu-burn-rate-24271\/","og_locale":"en_US","og_type":"article","og_title":"Shiba Inu Burn Rate Surge 24,271% While Shibarium Transactions Spike, Catalyst For Rally To $0.00008?","og_description":"The Shiba Inu burn rate has experienced a dramatic rise, soaring by over 24,271% in just one day after a massive token burn.","og_url":"https:\/\/uniquehot.com\/shiba-inu\/shiba-inu-burn-rate-24271\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2024-11-03T01:30:06+00:00","article_modified_time":"2024-11-02T12:42:04+00:00","og_image":[{"width":320,"height":180,"url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/10\/Shiba-Inu-SHIB-burn-Small.jpeg?fit=320%2C180","type":"image\/jpeg"}],"author":"Scott Matherson","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/MathersonScott","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Scott Matherson","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/uniquehot.com\/shiba-inu\/shiba-inu-burn-rate-24271\/#article","isPartOf":{"@id":"https:\/\/uniquehot.com\/shiba-inu\/shiba-inu-burn-rate-24271\/"},"author":{"name":"Scott Matherson","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d"},"headline":"Shiba Inu Burn Rate Surge 24,271% While Shibarium Transactions Spike, Catalyst For Rally To $0.00008?","datePublished":"2024-11-03T01:30:06+00:00","dateModified":"2024-11-02T12:42:04+00:00","mainEntityOfPage":{"@id":"https:\/\/uniquehot.com\/shiba-inu\/shiba-inu-burn-rate-24271\/"},"wordCount":597,"publisher":{"@id":"https:\/\/uniquehot.com\/#organization"},"image":{"@id":"https:\/\/uniquehot.com\/shiba-inu\/shiba-inu-burn-rate-24271\/#primaryimage"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/10\/Shiba-Inu-SHIB-burn-Small.jpeg?fit=320%2C180","keywords":["SHIB","SHIB news","SHIB price","Shiba Inu","Shiba Inu news","Shiba Inu Price","SHIBUSD","SHIBUSDT"],"articleSection":["Shiba Inu"],"inLanguage":"en-US","copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/uniquehot.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/uniquehot.com\/shiba-inu\/shiba-inu-burn-rate-24271\/","url":"https:\/\/uniquehot.com\/shiba-inu\/shiba-inu-burn-rate-24271\/","name":"Shiba Inu Burn Rate Surge 24,271% While Shibarium Transactions Spike, Catalyst For Rally To $0.00008?","isPartOf":{"@id":"https:\/\/uniquehot.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/uniquehot.com\/shiba-inu\/shiba-inu-burn-rate-24271\/#primaryimage"},"image":{"@id":"https:\/\/uniquehot.com\/shiba-inu\/shiba-inu-burn-rate-24271\/#primaryimage"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/10\/Shiba-Inu-SHIB-burn-Small.jpeg?fit=320%2C180","datePublished":"2024-11-03T01:30:06+00:00","dateModified":"2024-11-02T12:42:04+00:00","description":"The Shiba Inu burn rate has experienced a dramatic rise, soaring by over 24,271% in just one day after a massive token burn.","breadcrumb":{"@id":"https:\/\/uniquehot.com\/shiba-inu\/shiba-inu-burn-rate-24271\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/uniquehot.com\/shiba-inu\/shiba-inu-burn-rate-24271\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/shiba-inu\/shiba-inu-burn-rate-24271\/#primaryimage","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/10\/Shiba-Inu-SHIB-burn-Small.jpeg?fit=320%2C180","contentUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/10\/Shiba-Inu-SHIB-burn-Small.jpeg?fit=320%2C180","width":320,"height":180,"caption":"Shiba Inu SHIB burn Small"},{"@type":"BreadcrumbList","@id":"https:\/\/uniquehot.com\/shiba-inu\/shiba-inu-burn-rate-24271\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/uniquehot.com\/"},{"@type":"ListItem","position":2,"name":"Shiba Inu Burn Rate Surge 24,271% While Shibarium Transactions Spike, Catalyst For Rally To $0.00008?"}]},{"@type":"WebSite","@id":"https:\/\/uniquehot.com\/#website","url":"https:\/\/uniquehot.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/uniquehot.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/uniquehot.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/uniquehot.com\/#organization","name":"NewsBTC","url":"https:\/\/uniquehot.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d","name":"Scott Matherson","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g","caption":"Scott Matherson"},"description":"Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott"],"url":"https:\/\/uniquehot.com\/author\/mathersonscott1\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Shiba Inu Burn Rate Surge 24,271% While Shibarium Transactions Spike, Catalyst For Rally To $0.00008?","url":"http:\/\/uniquehot.com\/shiba-inu\/shiba-inu-burn-rate-24271\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/shiba-inu\/shiba-inu-burn-rate-24271\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/10\/Shiba-Inu-SHIB-burn-Small.jpeg?resize=200%2C180","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/10\/Shiba-Inu-SHIB-burn-Small.jpeg?fit=320%2C180"},"articleSection":"Shiba Inu","author":[{"@type":"Person","name":"Scott Matherson"}],"creator":["Scott Matherson"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["shib","shib news","shib price","shiba inu","shiba inu news","shiba inu price","shibusd","shibusdt"],"dateCreated":"2024-11-03T01:30:06Z","datePublished":"2024-11-03T01:30:06Z","dateModified":"2024-11-03T01:30:06Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Shiba Inu Burn Rate Surge 24,271% While Shibarium Transactions Spike, Catalyst For Rally To $0.00008?\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/shiba-inu\\\/shiba-inu-burn-rate-24271\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/shiba-inu\\\/shiba-inu-burn-rate-24271\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/Shiba-Inu-SHIB-burn-Small.jpeg?resize=200%2C180\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/Shiba-Inu-SHIB-burn-Small.jpeg?fit=320%2C180\"},\"articleSection\":\"Shiba Inu\",\"author\":[{\"@type\":\"Person\",\"name\":\"Scott Matherson\"}],\"creator\":[\"Scott Matherson\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"shib\",\"shib news\",\"shib price\",\"shiba inu\",\"shiba inu news\",\"shiba inu price\",\"shibusd\",\"shibusdt\"],\"dateCreated\":\"2024-11-03T01:30:06Z\",\"datePublished\":\"2024-11-03T01:30:06Z\",\"dateModified\":\"2024-11-03T01:30:06Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/uniquehot.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/10\/Shiba-Inu-SHIB-burn-Small.jpeg?fit=320%2C180","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/651275","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/users\/594"}],"replies":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/comments?post=651275"}],"version-history":[{"count":1,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/651275\/revisions"}],"predecessor-version":[{"id":651300,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/651275\/revisions\/651300"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/555595"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=651275"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=651275"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=651275"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}