The Shiba Inu community remains passionate about controlling its price action by eliminating excess tokens in circulation through burn events as the community has continued
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Shiba Inu Price Cannot Be Influenced Solely By Burns, Here’s Where SHIB Holders Should Look For Possible Catalysts
Shiba Inu lead developer Shytoshi Kusama says SHIB price is not solely dependent on burns. The comment comes after the community burnt a staggering 3.26
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DebtDAO To Burn 18M FTX User Debt Tokens Citing Demand Frenzy
DebtDAO has to burn 18 million FTX User Debt tokens, FUD, following a recent value surge that caused a demand frenzy. What: DebtDAO to burn
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Fantom wants to cut token burn rate by 75% to fund dApp rewards program
“Fantom will become the youtube/twitch of blockchain platforms,” commented ecosystem architect Andre Cronje.
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$1B worth of ETH burned in the past 30 days due to record high OpenSea NFT transactions
Despite the large burn value, the network is still inflationary until its PoS transition scheduled for Q2 or Q3.
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Key data points suggest the crypto market’s short-term correction is over
Bitcoin price is still pinned below $60,000, but the recovery in ETH and altcoins suggests that the current correction could be coming to an end.
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