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Home > Information news > Shiba Inu Surpasses Dogecoin – Pepe Coin as 79M Tokens Burned in 24 Hours

Shiba Inu Surpasses Dogecoin – Pepe Coin as 79M Tokens Burned in 24 Hours

Release: 2023/08/11 19:30 Reading: 836

Original author：CryptosHeadlines.com

Original source：https://coinmarketcap.com/community/articles/64d61897dd9a63401c46f689

Shiba Inu (SHIB/USD) saw a big jump, with over 79 million SHIB tokens burned in the last day. This happened as people wait for Shibarium, a new technology.

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SHIB did well, going up by 3.50% in the past 24 hours, doing better than other meme coins like Dogecoin and Pepe coin.

Dogecoin went up a bit by 0.55%, and Pepe coin increased by 1.44%. SHIB is among the top winners in the past day, according to CoinMarketCap. The speed of SHIB tokens being burned got 15% faster in the last day, shown by data from Shibburn.
In the world of cryptocurrency, burning means taking some of the tokens that are already there and getting rid of them forever. People do this on purpose to make there be fewer of those tokens around. When there are fewer tokens, they might become more valuable. Read More...
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