Shiba Inu supply shrinking as 2.41 billion SHIB got burned

cryptoslateОпубліковано о 2022-04-14Востаннє оновлено о 2022-04-14

Анотація

The price of the Shiba Inu (SHIB) token went up approximately 20% since the end of last week.

The price of the Shiba Inu (SHIB) token went up approximately 20% since the end of last week. The reason behind the rally is twofold: one is that 2.41 billion Shiba Inu have been burned, e.i. sent to so-called inferno wallets in order to make the popular dog token more scarce and lift its price.

The burn was announced by the @shibburn Twitter account, and the burnings of SHIB tokens can be followed on the shibburn.com website. According to the @shibburn tracking account, several massive amounts of Shiba Inu have been burned, adding up to a total of around 2.41 billion SHIB tokens.

Whale makes huge purchase of SHIB

The burning of SHIB tokens, which is not unusual per se, was done through a series of portions, among which the biggest one amounted to 1,351,643,000 tokens burned between April 8 and 9. Besides this bigger portion, other burns amounted to 442 million and another one burned slightly more than 258 million SHIB tokens. Also, a total of just more than 324 million have been burned in portions of nine transactions in the past 24 hours alone.

However, the large burn of SHIB tokens since the end of last week was not the only driver for the increase in the market value of the meme coin. According to the WhaleStast Twitter account, the second reason behind the increase in market value might be the fact that a large whale bought a staggering amount of 775,473,150,952 SHIB, equivalent to $20,697,378 at the time of the transaction.

The Whale, in ether (ETH) terms, and the owner of the wallet “BlueWhale0073”, is ranked number 12 by WhaleStats – a service that keeps track of the top 100 wallets on the Ethereum blockchain. Shiba Inu is an ERC-20 token on the Ethereum network.

Robinhood adding support for SHIB

Both the SHIB token burns and the large purchase by BlueWhale0073 coincide with the announcement that the popular investment- and trading app Robinhood is adding support for SHIB, along with Solana (SOL), Compound (COMP), and Polygon (MATIC). Robinhood finally gave in after the so-called SHIB Army had been asking the trading app to list SHIB for several months.

All four tokens now added to Robinhood sawa rise in market prices following Robinhood’s announcement, SHIB with as much as 20%. Since the crypto market, in general, has been on the gloomy side the past few days, market values of these tokens have fallen back to levels prior to Robinhood’s announcement.

At the time of writing, the SHIB token is valued at $0.00002664, down 3.4% over the past 24 hours.

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Як купити SHIB

Ласкаво просимо до HTX.com! Ми зробили покупку SHIBA INU (SHIB) простою та зручною. Дотримуйтесь нашої покрокової інструкції, щоб розпочати свою криптовалютну подорож.Крок 1: Створіть обліковий запис на HTXВикористовуйте свою електронну пошту або номер телефону, щоб зареєструвати обліковий запис на HTX безплатно. Пройдіть безпроблемну реєстрацію й отримайте доступ до всіх функцій.ЗареєструватисьКрок 2: Перейдіть до розділу Купити крипту і виберіть спосіб оплатиКредитна/дебетова картка: використовуйте вашу картку Visa або Mastercard, щоб миттєво купити SHIBA INU (SHIB).Баланс: використовуйте кошти з балансу вашого рахунку HTX для безперешкодної торгівлі.Треті особи: ми додали популярні способи оплати, такі як Google Pay та Apple Pay, щоб підвищити зручність.P2P: Торгуйте безпосередньо з іншими користувачами на HTX.Позабіржова торгівля (OTC): ми пропонуємо індивідуальні послуги та конкурентні обмінні курси для трейдерів.Крок 3: Зберігайте свої SHIBA INU (SHIB)Після придбання SHIBA INU (SHIB) збережіть його у своєму обліковому записі на HTX. Крім того, ви можете відправити його в інше місце за допомогою блокчейн-переказу або використовувати його для торгівлі іншими криптовалютами.Крок 4: Торгівля SHIBA INU (SHIB)Легко торгуйте SHIBA INU (SHIB) на спотовому ринку HTX. Просто увійдіть до свого облікового запису, виберіть торгову пару, укладайте угоди та спостерігайте за ними в режимі реального часу. Ми пропонуємо зручний досвід як для початківців, так і для досвідчених трейдерів.

438 переглядів усьогоОпубліковано 2024.12.11Оновлено 2026.06.02

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