Search results for Shibburn
Crypto
Shiba Inu lead ambassador Shytoshi Kusama silent for 74 days, community watches for update
Shiba Inu (SHIB) lead ambassador Shytoshi Kusama has halted social media activity for more than 70 days, prompting community attention on his next steps. Kusama has not posted or reacted on X since May 13, extending his silence to 74 days. The pause follows earlier periods of reduced activity, though no evidence confirms an imminent announcement. SHIB token burns continue, with Shibburn reporting 7.15 million burned in 24 hours and Robinhood leading monthly burns.
Crypto
Shiba Inu burns lose momentum, daily burn value just $5
Shiba Inu’s token burn pace has slowed noticeably, with about $5 worth burned over the past 24 hours, despite an increase in the burn rate. Weekly figures also remained small at about $75. The limited market reaction was attributed to the low base and the token’s large circulating supply. Broader risk sentiment stayed weak as investors focused on IPO- and AI-related stocks and watched the U.S. Federal Reserve’s rate outlook. Derivatives liquidations also signaled pressure.
Crypto
Shiba Inu price stays flat despite burn rate surge
Shiba Inu\'s burn rate surged 173,579 percent in a day, but the token\'s price remained sluggish, The Crypto Basic reported on Feb. 13. Shibburn data showed 838,872 tokens were burned over 24 hours, up from 483 the day before. The burns came from two transfers tied to a Coinbase-funded wallet. Despite the activity, SHIB rose less than 1 percent in 24 hours as volumes fell in both spot and futures trading.