'Dogecoin Killer' Shiba Inu Sees Significant Increase In Token Burn Rate, As Price Recovers — Is A Turnaround In The Making?
'Dogecoin Killer' Shiba Inu Sees Significant Increase In Token Burn Rate, As Price Recovers — Is A Turnaround In The Making?
Shibburn has reported a significant increase in the number of Shiba Inu (CRYPTO: SHIB) tokens being burnt on X, formerly Twitter.
Shibburn報告稱，在X（前身爲推特）上銷燬的柴犬（加密貨幣：SHIB）代幣的數量顯著增加。
What Happened: The post noted that the number of SHIB tokens burned over 24 hours has shot up 25.9% to 24.36 million, while over a longer 7-day horizon, the burn rate has shot up 269.9% with 798.3 million tokens burned.
發生了什麼：該帖子指出，在24小時內銷燬的SHIB代幣數量激增了25.9％，達到2436萬個，而在更長的7天內，銷燬率激增了269.9％，銷燬了7.983億個代幣。
HOURLY SHIB UPDATE$SHIB Price: $0.00002276 (1hr 0.03% ▲ | 24hr 4.27% ▲ )
— Shibburn (@shibburn) April 17, 2024
Market Cap: $13,367,811,327 (3.88% ▲)
Total Supply: 589,274,398,718,956
TOKENS BURNT
Past 24Hrs: 24,360,186 (25.91% ▲)
Past 7 Days: 798,314,370 (269.91% ▲)
每小時 SHIB 更新$SHIB 價格：0.00002276 美元（1 小時 0.03% ▲ | 24 小時 4.27% ▲）
— Shibburn (@shibburn) 2024 年 4 月 17 日
市值：13,367,811,327 美元（3.88% ▲）
總供應量：589,274,398,718,956
代幣被燒燬
過去 24 小時：24,360,186（25.91% ▲）
過去 7 天：798,314,370 (269.91% ▲)
Notably, the post comes amid a market correction for Shiba Inu with the coin often referred to as Dogecoin (CRYPTO: DOGE) killer retracing to key bull market levels, as noted by prominent crypto analyst Yomi in a thread on X (formerly Twitter).
值得注意的是，該帖子是在柴犬進行市場調整之際發佈的，正如著名的加密貨幣分析師Yomi在X（前身爲推特）的話題中指出的那樣，這種通常被稱爲狗狗幣（加密貨幣：DOGE）殺手的代幣正在回落至關鍵的牛市水平。
Even though the burn rate has seen an uptick over the last seven days, the price action has largely been negative with SHIB falling nearly 16% during the period.
儘管銷燬率在過去七天中有所上升，但價格走勢基本上是負面的，SHIB在此期間下跌了近16％。
Why It Matters: The burning of tokens is a key factor in the coin's market performance, as it reduces the supply of tokens, potentially driving up the price. The significant increase in the burn rate reported by Shibburn could therefore have a substantial impact on the future of Shiba Inu.
爲何重要：代幣的銷燬是代幣市場表現的關鍵因素，因爲它減少了代幣的供應，有可能推高價格。因此，Shibburn報告的燒傷率的大幅增加可能會對柴犬的未來產生重大影響。
Shiba Inu's price has seen a 4.97% increase in the past 24 hours. This price movement is in contrast to the coin's trend over the past week, indicating a potential shift in market dynamics, according to a Benzinga article.
柴犬的價格在過去24小時內上漲了4.97％。根據Benzinga的一篇文章，這種價格走勢與過去一週代幣的走勢形成鮮明對比，表明市場動態可能發生變化。
Moreover, the increase in daily transactions suggests growing interest in Shiba Inu, which could lead to a 'massive bull market'.
此外，每日交易量的增加表明人們對Shiba Inu的興趣與日俱增，這可能導致 “大規模牛市”。
Price Action: At the time of writing, SHIB traded 5.62% higher at $0.000023, according to data from Benzinga Pro.
價格走勢：根據Benzinga Pro的數據，在撰寫本文時，SHIB的交易價格上漲了5.62％，至0.000023美元。