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5 months ago

Shiba Inu Reclaims $0.000013 as Loss-Making Addresses Drop 16%, But SHIB Burns Lag

Shiba Inu's price has risen above $0.000013, leading to a decrease in the number of addresses holding the token at a loss, which fell by 16.2% to 810,130 addresses. Conversely, the number of addresses in profit increased by 38.2% to 602,550. Shiba Inu's layer-2 blockchain, Shibarium, continues to process over 4 million transactions daily, totaling over 1.38 billion transactions since its inception. However, the rate at which Shiba Inu tokens are being burned has significantly decreased, with a daily burn rate drop of 86.91% and a 95.55% decrease in manually burned tokens over the past week, although automated burns have slightly increased.

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