{"id":1725,"date":"2023-05-01T08:56:26","date_gmt":"2023-05-01T03:26:26","guid":{"rendered":"https:\/\/news.cetoex.com\/?p=1725"},"modified":"2023-05-01T08:56:26","modified_gmt":"2023-05-01T03:26:26","slug":"shiba-inu-shib-burn-rate-takes-a-nose-dive-only-22-million-burned-last-week","status":"publish","type":"post","link":"https:\/\/news.cetoex.com\/shiba-inu-shib-burn-rate-takes-a-nose-dive-only-22-million-burned-last-week\/","title":{"rendered":"Shiba Inu (SHIB) Burn Rate Takes a Nose Dive, Only 22 Million Burned Last Week"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/watcher.guru\/news\/wp-content\/uploads\/2023\/04\/ezgif-4-b4e1a8127a-800x450.jpg.webp\" alt=\"Shiba Inu: SHIB Burn Rate Takes a Nose Dive, Only 22 Million Burned Last Week\"\/><\/figure>\n\n\n\n<p class=\"has-medium-font-size\"><strong>Cetoex News &#8211; <\/strong>  Shiba Inu is a prominent meme coin, earning its place as the second largest meme coin. The team behind SHIB has shown consistent efforts towards its development, as evident from its various developments, such as the Shiba Inu Burn initiative.<\/p>\n\n\n\n<p class=\"has-medium-font-size\">The burn rate of SHIB has gained a reputation for its fluctuating nature, with some days experiencing a significant increase while others see a decline.\u00a0According to Shibburn\u00a0data, the burn rate has plummeted over the last seven days.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"has-medium-font-size\">In the last 7 days, there have been a total of 22,184,222\u00a0$SHIB\u00a0tokens burned and 14 transactions.\u00a0#shib<\/p>\n\n\n\n<p class=\"has-medium-font-size\">\u2014 Shibburn (@shibburn)\u00a0April 30, 2023<\/p>\n<\/blockquote>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-only-22-1-million-shib-burned-in-the-last-7-days\">Only 22.1 million SHIB burned in the last 7 days<\/h2>\n\n\n\n<p class=\"has-medium-font-size\">During the last seven days, only 22.1 million SHIB were sent to dead wallets. The burning process occurred in 14 different transactions. The last week has been considerably slow for the burn initiative.<\/p>\n\n\n\n<p class=\"has-medium-font-size\">The burn rate over the last week is considerably lower\u2014three times less than that of the past few weeks. Shibburn data also reveals that the burn rate is down by 60.98% in the last 24 hours.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/watcher.guru\/news\/wp-content\/uploads\/2023\/04\/image-44.png.webp\" alt=\"\" class=\"wp-image-87199\"\/><\/figure>\n\n\n\n<p class=\"has-medium-font-size\">During this period, only 1 million Shiba Inu were sent to dead wallets. The reason for this plummeting burn rate is unclear at the moment. However, the launch of Shibarium is believed to ramp up the burn game.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p class=\"has-medium-font-size\"><strong>NEWS BY &#8211; CETOEX NEWS<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cetoex News &#8211; Shiba Inu is a prominent meme coin, earning its place as the second largest meme coin. The team behind SHIB has shown consistent efforts towards its development,&hellip; <\/p>\n","protected":false},"author":1,"featured_media":1726,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24],"tags":[41,44,106,26,109,327],"class_list":["post-1725","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-alt-coin","tag-cetoex","tag-cetoex-news","tag-crypto","tag-cryptocurrency","tag-shiba-inu","tag-shibaburn"],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/news.cetoex.com\/wp-content\/uploads\/2023\/05\/ezgif-4-b4e1a8127a-800x450.jpg.webp","_links":{"self":[{"href":"https:\/\/news.cetoex.com\/wp-json\/wp\/v2\/posts\/1725","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/news.cetoex.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.cetoex.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.cetoex.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news.cetoex.com\/wp-json\/wp\/v2\/comments?post=1725"}],"version-history":[{"count":1,"href":"https:\/\/news.cetoex.com\/wp-json\/wp\/v2\/posts\/1725\/revisions"}],"predecessor-version":[{"id":1727,"href":"https:\/\/news.cetoex.com\/wp-json\/wp\/v2\/posts\/1725\/revisions\/1727"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.cetoex.com\/wp-json\/wp\/v2\/media\/1726"}],"wp:attachment":[{"href":"https:\/\/news.cetoex.com\/wp-json\/wp\/v2\/media?parent=1725"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.cetoex.com\/wp-json\/wp\/v2\/categories?post=1725"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.cetoex.com\/wp-json\/wp\/v2\/tags?post=1725"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}