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- 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
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4. Submissions must be original and comply with community guidelines. Plagiarism or re - 🎉 The #CandyDrop Futures Challenge# is live — join now to share a 6 BTC prize pool!
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Dare to trade. Dare to win.
SHIB Burns Rocket 158%, But Failure Strikes Anyway
SHIB burns soar 158% but here's catch
The aforementioned data source published a tweet, saying that over the past 24 hours, the crypto community managed to push the daily burn rate 157.59% up, thanks to burning a tiny amount of SHIB. Less than a million meme coins, 752,339 SHIB, were transferred to unspendable blockchain addresses.
The largest transaction out of four that have taken place so far today, the largest one carried 642,622 SHIB to “inferno” wallets.
As for the weekly metric, over the past seven days, a total of 13,829,470 SHIB have been locked out of circulation. However, despite an impressive burn, the weekly burn rate collapsed y 97.82%.
SHIB price falls by 4%
Over the past day, the price of the second-largest meme asset, Shiba Inu, has displayed a decline of slightly more than 4%. A similar decline was demonstrated on Saturday, and after that the SHIB price recovered. Until the same drop hit it today.
At the time of writing this article, Shiba Inu is changing hands at $0.00001325 per coin.