Close Menu
  • Coins
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
  • Blockchain
  • DeFi
  • Metaverse
  • Regulation
  • Other
    • Exchanges
    • ICO
    • GameFi
    • Mining
    • Legal
  • MarketCap
What's Hot

Blockchain-based satellite telecom is solving the global digital divide

16/09/2025

Symbiotic teams with Chainlink, Lombard for cross-chain Bitcoin security

16/09/2025

Decentralized Science Project Aubrai Launches on Base to Tackle Science Funding’s ‘Valley of Death’

16/09/2025
Facebook X (Twitter) Instagram
  • Back to NBTC homepage
  • Privacy Policy
  • Contact
X (Twitter) Telegram Facebook LinkedIn RSS
NBTC News
  • Coins
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. NFT
    5. View All

    Price Breaks All-Time High Record Again – Here’s What We Know

    04/08/2025

    Bitcoin Switzerland? El Salvador to Host First Fully Native Bitcoin Capital Markets

    04/08/2025

    Bitcoin Breaks $119K, but XLM and HBAR Aren’t Impressed by Its Meager Percentage Gain

    04/08/2025

    High-Stakes Consolidation Could Define Q3 Trend

    04/08/2025

    Ethereum ETF Frenzy Pushes Investors Toward This New Small-Cap

    16/09/2025

    Ether could see the ‘biggest bear trap’ this month: Analysts

    15/09/2025

    Ethereum Whale Cashes Out Millions in DAI After Price Rally: $13.2 DAI Earned

    15/09/2025

    can $4,300 support prevent a deeper correction?

    15/09/2025

    The Sui Ecosystem’s Top 3 Altcoin Performers

    29/07/2025

    Floki Launches $69000 Guerrilla Marketing Challenge With FlokiUltras3

    28/07/2025

    Crypto Beast denies role in Altcoin (ALT) crash rug pull, blames snipers

    28/07/2025

    $1.6 Billion XRP Surge: Here’s What’s Unfolding

    28/07/2025

    American Express Introduces Blockchain-Based ‘Travel Stamps’

    15/09/2025

    NFT sales show modest recovery, Pudgy Penguins jump 110%

    14/09/2025

    Twerk From Home Aims to Become the UFC of Exotic Dancing—With a Crypto Boost

    13/09/2025

    Crypto.com Launches Champions Collection With UEFA Experiences and Final Tickets Up for Grabs

    12/09/2025

    Blockchain-based satellite telecom is solving the global digital divide

    16/09/2025

    Symbiotic teams with Chainlink, Lombard for cross-chain Bitcoin security

    16/09/2025

    Decentralized Science Project Aubrai Launches on Base to Tackle Science Funding’s ‘Valley of Death’

    16/09/2025

    Boundless Launches Mainnet on Base, Ushering in Universal Zero-Knowledge Compute

    16/09/2025
  • Blockchain

    Blockchain-based satellite telecom is solving the global digital divide

    16/09/2025

    Boundless Launches Mainnet on Base, Ushering in Universal Zero-Knowledge Compute

    16/09/2025

    American Express Ventures into Web3 Rewards on Base

    16/09/2025

    Ghost AI Joins Fomoin to Accelerate Web3 Engagement

    16/09/2025

    First EU-regulated on-chain exchange 21X taps Chainlink for tokenized securities

    16/09/2025
  • DeFi

    Symbiotic teams with Chainlink, Lombard for cross-chain Bitcoin security

    16/09/2025

    TVL on Pumpfun’s DEX PumpSwap Breaks New High Above $330M

    16/09/2025

    DeFi, crypto lending markets have overcome 2022 chaos, Aave founder claims

    16/09/2025

    DeFi vs Nasdaq: who wins the race to tokenize real-world assets?

    16/09/2025

    It Claimed to Have $12 Billion

    14/09/2025
  • Metaverse

    KaratDAO and SecondLive Partners to Reshape Web3 Identity and Immersive Digital Worlds

    16/09/2025

    Metaverse ‘still has a heartbeat’ as NFT sales jump 27% in August

    12/09/2025

    CreataChain Joins LightCycle to Advance Fashion, Interoperability, and AI in Metaverse

    05/09/2025

    new institutional ‘trust’ layer to boost tokenized ESG investment

    04/09/2025

    Metaverse developer The Sandbox lays off 50% of staff and pivots to meme coin launchpad

    28/08/2025
  • Regulation

    Decentralized Science Project Aubrai Launches on Base to Tackle Science Funding’s ‘Valley of Death’

    16/09/2025

    Canary Capital Files For “Made-in-America” ETF Amid Rising ETF Push

    16/09/2025

    The Reason for the Crypto Market’s Decline Revealed! Five-Year-Old Active Bitcoin Whales Sell Largely! Here Are the Details

    16/09/2025

    Sharps Technology Jumps 70% After Raising $400M for Solana Treasury

    16/09/2025

    Crypto ETPs post $1.4B losses amid recent Bitcoin, Ether sell-offs

    16/09/2025
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Binance Pay enters South Africa’s checkout lanes through Zapper tie-up

    15/09/2025

    Binance Warns Crypto Projects Against Listing Scams: Details

    15/09/2025

    Revolut Secures UAE Nod for Payments Business, Eyes Regional Expansion

    15/09/2025

    Prediction Market PredictIt Launches in October—Here’s What to Expect

    15/09/2025

    ICO for bitcoin yield farming chain Corn screams we’re so back

    22/01/2025

    Why 2025 Will See the Comeback of the ICO

    26/12/2024

    DeBox Partners with Mythoria to Merge AI-Led GameFi and Web3 Social Ecosystem

    16/09/2025

    Crypto Games Keep Shutting Down. This $500K Fund Aims to Help Players Recover

    14/09/2025

    Conflux Network and Salvo Alliance Targets Scalable Web3 Gaming Adoption

    13/09/2025

    Undeads Games TVL Reached $30M+

    12/09/2025

    Why Bitcoin Miners Are Powering AI’s Expansion

    14/09/2025

    Bitcoin’s Computing Muscle Flexes Harder

    13/09/2025

    Ethiopia is Turning Hydropower Into Bitcoin Mining

    13/09/2025

    Impressive 375 BTC Mined in August

    13/09/2025

    Coinbase-backed petition pushes UK on blockchain and stablecoin policy

    15/09/2025

    China Imposes New Cryptocurrency Bans! Here Are the Details…

    15/09/2025

    Input Output Joins CryptoUK to Help Shape UK’s Digital Asset Future

    15/09/2025

    CFTC Nominee Brian Quintenz tells all in Winklevoss twins fight

    15/09/2025

    Blockchain-based satellite telecom is solving the global digital divide

    16/09/2025

    Symbiotic teams with Chainlink, Lombard for cross-chain Bitcoin security

    16/09/2025

    Decentralized Science Project Aubrai Launches on Base to Tackle Science Funding’s ‘Valley of Death’

    16/09/2025

    Boundless Launches Mainnet on Base, Ushering in Universal Zero-Knowledge Compute

    16/09/2025
  • MarketCap
NBTC News
Home»Altcoins»Shiba Inu (SHIB) Burns 146 Million Tokens in Fight to Retain Top 10
Altcoins

Shiba Inu (SHIB) Burns 146 Million Tokens in Fight to Retain Top 10

NBTCBy NBTC11/03/2024No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


Recent data from blockchain tracking platform Shibburn reveals that Shiba Inu (SHIB), a popular dog-themed meme coin, has burnt about 146 million tokens in its quest to retain its position in the top 10 cryptocurrencies by market capitalization.

SHIB token burns: Strategic move

Shibburn shows that Shiba Inu has burnt 146,270,727 tokens within the last 24 hours alone. This substantial reduction in token supply marks a strategic move by the SHIB community to enhance the scarcity of the meme coin and increase its value.

The majority of this burn occurred in a single transaction when 100,877,615 SHIB were intentionally sent to the dead wallet, thereby removing it from circulation. Following closely behind were transactions of 3,682,838 SHIB and 1,183,369 SHIB, constituting the second and third largest burns, respectively.

As a result, the total amount of tokens burnt from the initial supply now stands at 410,709,332,962,061. This substantial reduction in circulating supply comes on the heels of recent reports indicating the disposal of over 177 million SHIB meme coins. Such deliberate token burns contribute to deflationary pressure on SHIB, making each remaining token more valuable over time.

Shiba Inu’s current market position

Currently occupying 10th place, SHIB has displaced Avalanche (AVAX) and boasts a market capitalization of $19 billion. This achievement marks a key milestone for the dog-themed token, especially considering its recent struggle to break through the $0.00001 resistance level.

At the time of writing, SHIB is trading at $0.00003151, reflecting a remarkable surge of 128% over the past seven days. This bullish momentum can be attributed to several factors, chief among them being the general hype on the mainstream market fueled by Bitcoin’s surge to an all-time high.

Additionally, the anticipation surrounding updates to the Shiba Inu ecosystem, as teased by Shytoshi Kusama, has contributed to investor optimism.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
NBTC

Related Posts

The Sui Ecosystem’s Top 3 Altcoin Performers

29/07/2025

Floki Launches $69000 Guerrilla Marketing Challenge With FlokiUltras3

28/07/2025

Crypto Beast denies role in Altcoin (ALT) crash rug pull, blames snipers

28/07/2025

$1.6 Billion XRP Surge: Here’s What’s Unfolding

28/07/2025
Add A Comment

Comments are closed.

Top Posts
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook X (Twitter) LinkedIn RSS
Top Insights

Blockchain-based satellite telecom is solving the global digital divide

16/09/2025

Symbiotic teams with Chainlink, Lombard for cross-chain Bitcoin security

16/09/2025

Decentralized Science Project Aubrai Launches on Base to Tackle Science Funding’s ‘Valley of Death’

16/09/2025
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Type above and press Enter to search. Press Esc to cancel.