on-chain movement

Rare $0 Shiba Inu Burn in 24 Hours as Burn Rate Collapses 100%

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closedStatus
1News media
1Pieces
Published
Updated

Shiba Inu’s burn tracker showed no SHIB destroyed in the latest 24-hour reading. The same tracker still listed burn activity over longer windows, with 401.3 million SHIB burned in seven days and 707.5 million over 30 days.

Key claims & sources

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The latest 24-hour reading showed $0 SHIB burned.
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The burn rate was described as having collapsed by 100% in that 24-hour window.
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The tracker listed 401.3 million SHIB burned over seven days.
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The tracker listed 707.5 million SHIB burned over 30 days.

What it means

Shiba Inu holders watching the burn tracker would notice that the latest daily reading showed no SHIB destroyed, while longer timeframes still showed burn activity. That means the immediate 24-hour figure and the week- and month-long figures were different at the same time, which is the detail visible to users checking the tracker today.

Before this reading, the tracker could show SHIB burn totals across longer windows, and that remains true here because the seven-day and 30-day figures are still listed. What changed is the 24-hour line, which shows zero SHIB destroyed in the latest window instead of a nonzero daily reading.

Market reaction i

Shiba InuSHIB the event is about this asset
first headline
0.0% 2 h before
+0.7% 4 h after
$0.00000536price at publication
12data points

Coverage timeline

Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.

first
Oct 9 15:20

Has this happened before?

WhenWhat happenedFigure
31 days ago 406 Billion in Shiba Inu (SHIB) Have Landed: Analyzing the Effect event 1 actors in common · 2 news media

What could happen next i