Journalist
Posted:
- The *shib will be the first for a meme coin.
- SHIB 24-hour burn rate enters negative.
Following a week of substantial burn rates, the Shiba Inu [SHIB] burn rate appears to have stabilized somewhat. Nevertheless, burn rates could rise in the upcoming months as the network is set to launch its domain name service.
Shiba Inu burn rate simmers down
As of the latest data from Shibburn, the Shiba Inu burn rate over the past 24 hours is currently negative. Specifically, it stands at -61.7% at the time of this writing, resulting in the burn of slightly over 1 million SHIB tokens.
However, over the last seven days, the burn rate has surged to over 4,000%. More than 8.6 billion SHIB tokens were burned in that period.
This current burn rate reflects a decline compared to the previous week, during which billions of tokens were burned within 24 hours. Notably, this trend may change in the upcoming weeks, particularly following an announcement made on 19th December.
Shiba Inu launches *shib
Historically, Ethereum Name Service and Unstoppable Domains have allowed cryptocurrency users to claim domain names ending with extensions like .eth or .crypto.
These links redirected them to crypto wallets rather than traditional websites. However, until now, no crypto-themed domain has been integrated into the traditional Domain Name System (DNS).
In a recent announcement, Shiba Inu disclosed its intention to push boundaries in this domain. Not only does it aim to become the first memecoin with a domain name service, but it also seeks to be the pioneer in linking to traditional websites rather than just crypto wallets.
To achieve this, Shiba Inu has partnered with D3 Global, a digital infrastructure provider, to enhance the appeal of its application for a top-level domain (TLD).
If the application is successful, the network is poised to experience a surge in traffic. This could potentially lead to increased transactions that would impact the burn rate.
SHIB maintains its trend above the neutral line
Over the past five days, Shiba Inu has exhibited notable price volatility with sharp fluctuations. The daily timeframe chart showed a recent recovery from a more than 3% decrease in value.
At the time of writing, it was trading with an almost 1% increase in price.
Source: TradingView
How much are 1,10,100 SHIBs worth today
Despite the recent price decline, Shiba Inu’s bullish trend remains unaffected. The Relative Strength Index (RSI) line, as of the present moment, still registers above 50 but below 60.
This suggests the market is in a relatively positive position, maintaining a bullish momentum but not reaching an overbought condition.
can i purchase cheap clomid for sale where can i buy cheap clomid price generic clomid c10m1d how to buy cheap clomiphene cheap clomid for sale where buy clomid tablets can i purchase cheap clomid pills
This is a theme which is forthcoming to my heart… Diverse thanks! Exactly where can I find the contact details due to the fact that questions?
More posts like this would persuade the online play more useful.
zithromax 500mg generic – buy ofloxacin 400mg metronidazole 400mg us
order semaglutide 14mg online cheap – purchase periactin without prescription cyproheptadine 4mg generic
domperidone medication – buy tetracycline paypal buy cyclobenzaprine 15mg generic
order amoxiclav without prescription – at bio info ampicillin online order
order nexium without prescription – https://anexamate.com/ esomeprazole without prescription
warfarin 5mg without prescription – https://coumamide.com/ hyzaar over the counter
how to get meloxicam without a prescription – swelling brand mobic 7.5mg
brand deltasone 5mg – https://apreplson.com/ cheap prednisone 5mg
best ed pills online – fastedtotake.com buy ed pills usa
cheap amoxicillin tablets – comba moxi buy amoxicillin pill
buy forcan pill – forcan cost diflucan 100mg ca
brand cenforce 100mg – https://cenforcers.com/# buy cenforce online
buy cialis overnight shipping – cialis effect on blood pressure cialis tadalafil 20mg tablets
cialis super active vs regular cialis – https://strongtadafl.com/ ambrisentan and tadalafil combination brands
zantac 150mg over the counter – buy generic ranitidine for sale cost zantac 150mg
buy viagra express delivery – https://strongvpls.com/# buy generic viagra super active
Thanks recompense sharing. It’s outstrip quality. https://gnolvade.com/
This is the make of post I find helpful. site
With thanks. Loads of knowledge! https://prohnrg.com/product/get-allopurinol-pills/
I’ll certainly carry back to skim more. https://aranitidine.com/fr/acheter-cialis-5mg/
More posts like this would add up to the online play more useful. https://ondactone.com/spironolactone/
This is the gentle of criticism I truly appreciate.
https://doxycyclinege.com/pro/warfarin/
This is a topic which is virtually to my fundamentals… Many thanks! Exactly where can I notice the contact details for questions? http://ledyardmachine.com/forum/User-Gippwe