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    Home»Markets»SHIB Down 96.68%, however Right here's Silver Lining
    SHIB Down 96.68%, however Right here's Silver Lining
    Markets

    SHIB Down 96.68%, however Right here's Silver Lining

    By Crypto EditorAugust 9, 2025No Comments2 Mins Read
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    • SHIB burns crash virtually 100%, however this is excellent news
    • SHIB worth spikes 9%

    In response to knowledge shared by the Shibburn monitoring service, just lately, one of many important SHIB metrics, the burn charge, has collapsed by virtually 100%.

    Nonetheless, there’s a silver lining on this cloud.

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    SHIB Down 96.68%, however Right here's Silver Lining

    SHIB burns crash virtually 100%, however this is excellent news

    In a latest tweet, the aforementioned knowledge supply revealed that over the previous 24 hours, the each day SHIB burn metric collapsed by 92.10%. The quantity of meme cash destroyed this time was tiny and comprised solely 207,156 SHIB.

    The state of affairs is identical with the burns registered over the previous seven days — the metric sits at minus 96.68%. Nonetheless, the excellent news is that regardless of this huge decline, the SHIB group has managed to get rid of 20,923,735 SHIB in complete.

    HOURLY SHIB UPDATE$SHIB Worth: $0.00001371 (1hr 0.28% ▲ | 24hr 6.32% ▲ )
    Market Cap: $8,078,798,699 (6.27% ▲)
    Whole Provide: 589,247,907,808,930

    TOKENS BURNT
    Previous 24Hrs: 207,156 (-92.10% ▼)
    Previous 7 Days: 20,923,735 (-96.68% ▼)

    — Shibburn (@shibburn) August 9, 2025

    SHIB worth spikes 9%

    The Shiba Inu worth has been making extra profitable strikes than the SHIB burns over the previous 24 hours. Since Friday, the SHIB worth has staged a formidable surge of round 9%, hovering from $0.00001285 to $0.00001401.

    The rise was triggered by Bitcoin’s development because it recovered the $117,000 degree after U.S. president Donald Trump signed an government order opening the trail for 401(okay) funds to spend money on actual property and numerous cryptocurrencies, and in Bitcoin to begin with. By now, SHIB has gone down slightly, altering palms barely under at this time’s worth peak.





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