- Sib Burns Crash 55%
- Shbra Price market performance
The new data published by the Shibburn wallet tracker team show a substantial decrease in the main Shiba Metric: the tokens burns rate. While the decrease is large, there is a large side of silver in this negative development.
In general, the decrease in the burning rate has aligned with a slight fall in the price of Shib.
Sib Burns Crash 55%
Shibburn Tweet reveals a striking decrease of 54.79% in the weekly Burning Rate of Shib. However, the amount of meme coins that were finally transferred to non -amazing blockchain wallets in total are found at 8,466,318 Shib.
There have been five major burning transactions in the last seven days, which in part comprised 8.4 million of the destroyed meme coins: 1,033,449; 1,176,958; 1,136,833; 2,663,204 and 1,011,990 Shib.
As for the daily burns rate, it is also in red at this time, showing a marginal decrease of 0.53%. The number of blocked memes currencies out of circulation in the last 24 hours is equivalent to 69,781 Shib, according to the Tweet and the Shibburn website.
Shbra Price market performance
Meanwhile, the price of Shiba Inu has demonstrated a 1.64% decrease in the last day, since it dropped to $ 0.00001286 and was negotiated aside on Tuesday. At this time, the second largest memes cryptocurrency has managed to recover 1.52% and is changing from hands to $ 0.00001305.
In general, between Saturday and Tuesday, Siba Inu managed to show a substantial increase, adding 7.34% and leaving the level of $ 0.00001218 at the beginning of the weekend.