Amid a Shiba Inu price dip, a whale accumulates 1.44 trillion $SHIB tokens, worth $13.36 million, within two days. This coincides with increased token burning and a strategic partnership. Despite challenges, some analysts remain optimistic about SHIB's future.
EdmundThe Shiba Inu team has escalated SHIB token burns, recently incinerating over 8 billion tokens, contributing to a total of over 33.8 billion burned in December.
EdmundDelayed SHIB token burns lead to community frustration, with unclear future timelines and possible impact of external factors.
Huang BoThe practice of burning tokens has been a consistent strategy for Huobi since 2018, and as of October 15, 2023, a cumulative total of 301,002,441 HT has been burned.
JasperBNB’s price failed to react to the exchange’s latest token burn.
cryptopotatoThe supply of the second-largest crypto asset Ethereum (ETH) is deflating, thanks to the success.
dailyhodlThe BUSD supply decreased by more than 6% since Paxos announced on Monday that it would halt issuance due to regulatory pressure.
CoindeskBinance completed its 22nd burn round, removing 2.064 million BNB tokens from circulation.
Bitcoinist
NulltxThe Terra Money Twitter account shared the finer points on Do Kwon's initial rescue plan: expanding the base pool, burning UST and staking LUNA.
Cointelegraph