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Showing posts with the label token burn

66 Billion Shiba Inu Tokens Removed From Circulation

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A total of 65.9 billion Shiba Inu tokens were burned on Thursday and removed from circulation, according to the latest data on Shibarium. This takes the total burn rate to 1.38 billion tokens since the layer-2 network was launched in August 2023. Despite sending close to 66 billion SHIB tokens to the dead wallet, the dog-themed token’s price has remained lifeless in the charts. It is still trading with five zeroes with little to no action, testing the patience of investors. Also Read: Shiba Inu Chances To Grow: 35% Rally Fueled By Token Burn Why Is Shiba Inu Not Rising Despite Billions of Tokens Being Burned? Source: Watcher Guru Shiba Inu is not surging in value because the billions of tokens sound big, but are meager when compared to the price value. To keep it in context, the 65.9 billion tokens that were sent to the dead wallet are worth only $65,000. In the cryptocurrency market, this amount is worth nothing and is like a small fish in the ocean. If millions of dollars worth ...

World Liberty Financial Price Prediction: WLFI Burns 47M Tokens But Trump Family-Linked Crypto Sinks 7%

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The World Liberty Financial price has dropped 7% in the last 24 hours to trade at $0.2239 as of 3 a.m EST on a 61% decrease in daily trading volume to $1.8 billion. The drop in the WLFI price has propelled the token to the top of CoinMarketCap’s list of the biggest losers among major cryptos. The dip also comes despite the project burning 47 million tokens in an effort to boost confidence in the token. Trump just dropped $WLFI and the launch was wild. Hours in, insiders already unloading bags heavy. Chart nuked from $0.46 to $0.25 in a flash dump. Almost 700M tokens rushed straight to CEX day one. Presale wallets cashed 20x, walking away fat. Majority supply still… pic.twitter.com/junZ6XexbI — D-OneTama21 (@DegenTama) September 2, 2025 World Liberty Financial announced the burn to show its support for holders and commitment to the project’s long-term success. The team said it was a strategic decision to “support the community and build value....

Catslap Burns $1M $SLAP, Supercharging Upside Price Potential Ahead Of 2025 Meme Coin Bull Run

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Catslap ($SLAP) has burned $1 million $SLAP tokens today, slashing supply in a move that turbocharges upward price momentum for the viral Slap-to-Earn meme coin. Including previous burns, an eye-watering total 1,196,558,367.83 $SLAP tokens have been taken out of circulation (aka burned) so far, valued at well over $1.5 million.  Token burns are done in the interests of all token holders, because by reducing supply for a high-demand token, you increase scarcity, one of the largest determiners of value in commodities in general.  It's done. We just burnt $1,000,000 of $SLAPhttps://t.co/grFgQzV4ej pic.twitter.com/iMG1HkF0Ri — Catslap (@CatSlapToken) January 31, 2025 Catslap is the token powering the eponymous viral web game where players earn crypto rewards by getting the viral slapping cat on the homepage to slap one of six cultural icons, including the topical US President Donald Trump and his Dogecoin-loving champion, Tesla CEO El...

Shiba Inu: Just $1 Monthly Would Have Made You a Millionaire

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There is no denying Shiba Inu’s (SHIB) reputation as a “millionaire-maker.” The dog-themed cryptocurrency rallied by many million percent during the 2021 bull run, turning several early investors into multi-millionaires. While many believe it takes a significant investment to become a millionaire, you could have become one with SHIB for as little as $1 a month. Also Read: Shiba Inu: 2 Reasons Why SHIB’s Spike To $0.0005 Is Inevitable The Power of Small Investments in Shiba Inu Source: CryptoDCA If you had invested $1 monthly in Shiba Inu (SHIB) since its launch in August 2020, you would have invested $46 until now. Despite the low investment, your portfolio’s value would have grown to $1.22 million, a growth of about 267,129%. Investment Growth During the Bull Run On the other hand, if you had invested $1 monthly till SHIB hit an all-time high in October 2021, you would have put in $15. In this scenario, your investment would have grown to $2.79 million, a rise o...

Shiba Inu: Here's How You Can Be a Millionaire With SHIB by 2025

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Shiba Inu (SHIB) is one of the most popular cryptocurrencies of the last few years. The asset’s price skyrocketed within months of its launch, rallying by many millions percent. Early investors made millions of dollars in profit, making the dog-themed cryptocurrency a popular choice among new investors who wanted to make it big quickly. Also Read: Top 3 Cryptocurrencies To Watch This Week: Late-August 2024 How To Be a Millionaire With SHIB by 2025? Changelly’s Prediction According to the analysts at Changelly, Shiba Inu (SHIB) could hit a maximum price of $0.00005 in 2025. To have a million dollars worth of SHIB at $0.00005 per coin, you will need 20,000,000,000 (20 billion) coins. The price of 20 billion SHIB right now is about $275,800. If the trade is successful, your portfolio’s value will grow by 262.5%. Source: Changelly Telegaon ‘s Prediction Telegaon researchers are more bullish on SHIB. The platform predicts SHIB to hit a maximum price of $0.00007 in 202...

Ethereum Name Service Price Prediction for 10th of October: The Bulls’ Market

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Join Our Telegram channel to stay up to date on breaking news coverage With an engulfing candle pattern, the Ethereum Name Service took up a bullish trend on the 3rd of October and continued with a strong momentum until the 6th of October when selling pressure for the day paused the bullish progress. But the bulls took up the market again and the price trended up. In today’s market session, the market has started with a bearish trend. The bulls may overtake them today Ethereum Name Service Market Price Statistic: ENS/USD price now: $18.04 ENS/USD market cap: $363,391,315 ENS/USD circulating supply: 20,244,862.09 ENS/USD total supply: 100,000,000 ENS/USD coin market ranking: #97 Key Levels Resistance: $ 18.17, $20.00, $21.00  Support: $17.00, $16.00, $15.00   Buy ENS Now   Your capital is at risk Ethereum Name Service Market Price Analysis: The Indicators’ Point of View As the price action of the Ethereum Name Service moves along below ...

How High Will the Renga NFT Go?

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Join Our Telegram channel to stay up to date on breaking news coverage In the wake of Renga’s dramatic price increase, several experts are drawing comparisons between the early days of the Bored Ape Yacht Club and the current market situation. Renga’s Price Skyrockets by 300% Artist DirtyRobot assembled almost ten thousand unique illustrations for his Renga. The NFTs have wider applicability in the Renga setting. Simply said, RENGA is the art of storytelling. In only one week, the cost of the floor has tripled and shot up from 0.77ETH to 2.9 ETH. This is an increase of almost 300 percent in cost. All You Need To Know About DirtyRobot There might be those who have never heard of the band DirtyRobot. One of the key players is developing Crypto Kitties, which greatly enhances the team’s overall strength. DirtyRobot, the artist behind the initiative, initially created a series called “Art of Seasons,” and he used suspense to “tease out...

Apecoin Price Prediction for 6th of October: APE/USD Tries Again to Find a New Direction

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Join Our Telegram channel to stay up to date on breaking news coverage Bearish activities in the Apecoin market are responsive to the strong bullish move in the market. After the bullish market on the 19th of September, bearish pressure made the price of the market consolidate . And the bullish price is steadily recovering.   Apecoin Market Price Statistic: APE/USD price now: $5.324 APE/USD market cap: $1,612,157,628 APE /USD circulating supply: 306,875,000 APE   /USD total supply: 1,000,000,000 APE /USD coin market ranking: #37 Key Levels Resistance: $5.500, $5.700, $6.000   Support: $5.000, $4.667 $4.285   Buy Apecoin Now   Your capital is at risk Apecoin Market Price Analysis: The Indicators’ Point of View In the last three daily sessions, the negative histograms appear in pink; this shows that bulls are regaining ground in the market. The MACD line has just tested the negative zone of the indicator; it is trying to find d...