Laughing Hyena
  • Home
  • Hyena Games
  • Esports
  • NFT Gaming
  • Crypto Trends
  • Game Reviews
  • Game Updates
  • GameFi Guides
  • Shop
Tag:

Burn

Shiba Inu price
NFT Gaming

Shiba Inu price recovery in sight as burn rate rockets 7,200%

by admin September 27, 2025



Shiba Inu price bottomed at a crucial support level, with the soaring burn rate and whale buying, and falling exchange reserves pointing to an eventual rebound.

Summary

  • Shiba Inu price could rebound as the burn rate soars.
  • Whale have continued to accumulate SHIB coins.
  • The balances of Shiba Inu coins in exchanges has plunged.

Shiba Inu (SHIB) token was trading at $0.00001180 on Friday, Sep. 26, its lowest level since Aug. 2. 

Soaring burn rate and whale buying, falling exchange reserves

SHIB could be about to rebound as key fundamental catalysts align. Data compiled by Shiburn shows that the burn rate jumped by 7,200% on Friday to 7.06 million coins.

The burn rate jumped as one user sent 6 million SHIB to a burn address in three transactions. This burn brings the cumulative incinerated tokens to over 410 billion and the current circulating supply to 584 billion.

Another bullish metric is that whales have continued to accumulate SHIB, a sign that they expect it to rebound. Whales now hold 89 billion SHIB, up from this month’s low of 28 billion.

The closely-watched smart money investors who have a reputation of executing profitable trades have also boosted their positions. They have added their holdings by 105% in the last 30 days to 12.46 billion coins.

The ongoing accumulation likely explains why the amount of Shiba Inu Coins in exchanges has dropped to 283 trillion, down from 297 trillion in July.

These metrics are signs that investors expect the coin to rebound after falling by double digits this year. 

Shiba Inu price technical analysis

SHIB price chart | Source: crypto.news

The daily chart shows that the SHIB price has moved sideways in the past few weeks. It has formed a symmetrical triangle pattern whose two lines are about to converge. The coin moved below the lower side of this pattern during the ongoing crypto market crash. While this is a bearish move, it may also be a false breakout.

Shiba Inu’s Relative Strength Index and Chande Momentum Oscillator have moved to their lowest levels since June. The last time this happened, the coin rebounded by double digits.

Therefore, there is a likelihood that SHIB will rebound in the coming days. If this happens, the coin will likely rally and hit the important resistance at $0.0001477, the highest point on Sept. 14.



Source link

September 27, 2025 0 comments
0 FacebookTwitterPinterestEmail
Shiba Inu: 1,156,929 SHIB Destroyed as Burn Rate Skyrockets 396%
GameFi Guides

Shiba Inu: 1,156,929 SHIB Destroyed as Burn Rate Skyrockets 396%

by admin September 25, 2025


According to data from Shibburn, in the last 24 hours, 1,156,929 SHIB tokens have been burned, contributing to a 396.9% surge in the daily burn rate.

With over 1.1 million tokens slashed from Shiba Inu’s total supply, what remains is 589,247,704,216,787 SHIB tokens as the dog coin’s total supply. At its inception, Shiba Inu had one quadrillion tokens as its total supply, with the recent figure implying that over 410 trillion tokens have been burned from the Shiba Inu’s total supply.

HOURLY SHIB UPDATE$SHIB Price: $0.00001187 (1hr -0.84% ▼ | 24hr -2.05% ▼ )
Market Cap: $6,997,079,978 (-2.00% ▼)
Total Supply: 589,247,704,216,787

TOKENS BURNT
Past 24Hrs: 1,156,929 (396.90% ▲)
Past 7 Days: 3,043,689 (-0.13% ▼)

— Shibburn (@shibburn) September 25, 2025

The 1,156,929 SHIB tokens burned in the last 24 hours remain significant as the prior two days saw less than a million tokens burned.

On Sept. 24, only 232,829 SHIB were burned, a 13.67% drop from the day before, when about 269,706 SHIB tokens were burned.

The slowing down of burns this week might have been contributed to by a large market sell-off at the week’s start, with more than $1.7 billion in liquidations, which might have impacted investor sentiment.

So far in the last seven days, 3,043,689 SHIB have been burned, marking a 0.13% drop in burn rate.

Shiba Inu price 

Shiba Inu has seen lackluster price trading this week so far, after it saw three straight days of dropping from Sunday to Tuesday, at which it fell to a low of $0.00001179 at one point, on Sept. 22.

Shiba Inu’s momentum has stalled as markets weighed macroeconomic concerns, trading in a range between $0.00001183 and $0.00001238 since Sept. 23. At press time, SHIB was trading down 2.11% in the last 24 hours to $0.00001196 and down nearly 11% weekly in line with the broader crypto market drop.

The most anticipated data this week will be the personal consumption expenditures index, an inflation gauge preferred by the Federal Reserve, which is scheduled for release on Friday.

Fed Chairman Jerome Powell said in a speech to business leaders on Tuesday that the central bank lowered interest rates last week due to weakness in the labor market outweighing concerns about stubborn inflation.





Source link

September 25, 2025 0 comments
0 FacebookTwitterPinterestEmail
Shiba Inu (SHIB) Burn Rate at 0: Why Did It End?
NFT Gaming

Shiba Inu (SHIB) Burn Rate at 0: Why Did It End?

by admin September 24, 2025


  • Why SHIB burns are useless
  • What’s next for SHIB?

The Shiba Inu burn mechanism was promoted as a deflationary instrument to lower the supply of tokens and encourage sustained price growth. The experiment has lost steam now that that rate has essentially fallen to zero. The answers are simple.

Why SHIB burns are useless

  1. First, there is no direct financial incentive for someone to voluntarily destroy their own tokens in order to burn SHIB. In contrast to Ethereum’s EIP-1559, which links burns to real network usage, SHIB’s procedure was optional and solely relied on community support. After the initial excitement subsided, participation declined. The protocol itself lacked a sustainable mechanism, so the burn movement was doomed to fail.

SHIB/USDT Chart by TradingView

  1. Second, the burn’s primarily symbolic nature was soon recognized by the larger market. Notwithstanding the destruction of millions of tokens, SHIB’s nearly 589 trillion total circulating supply far outstripped those figures. The only significant incident occurred in 2021, when Vitalik Buterin transferred 410 trillion SHIB to a dead wallet. Since then, every burn has been a rounding error, with no discernible impact on tokenomics or price.

What’s next for SHIB?

Burn activity’s collapse highlights how weak SHIB’s foundations are still. Its price has followed the general meme coin cycle, which saw sharp increases in 2021, followed by a protracted drop and stagnation. Due to its inability to recover its peak, and the lack of a structural reduction in supply, SHIB is now solely dependent on speculative demand. SHIB lacks a plausible deflationary driver, in contrast to Ethereum’s continuous burn or Bitcoin’s halving mechanism.

In the future, burn recovery is not likely. The community has shown that it is unable to sustain the endeavor, and developers have failed to incorporate significant burn mechanics into the ecosystem. It was never really a financial fact but rather a marketing ploy that token destruction could support value.

For investors, the fact that SHIB burns at zero reveals only one simple truth: the token’s prospects are bleak in the absence of fresh demand.



Source link

September 24, 2025 0 comments
0 FacebookTwitterPinterestEmail
Burn, Mint, Repeat: Ripple USD Stablecoin Breaks into Top 100 After $11,000,000 Mint
Crypto Trends

Burn, Mint, Repeat: Ripple USD Stablecoin Breaks into Top 100 After $11,000,000 Mint

by admin September 24, 2025


Ripple’s stablecoin desk is playing active supply games, with the latest sequence showing both sides of the ledger. First, there was an eight million RLUSD mint, then an eleven million burn, and then another three million tokens spun out of the treasury.

The pattern is not random; it is controlled cycling that shows Ripple is adjusting liquidity around live flows rather than just letting supply drift.

The total float is now around $741 million, which is enough to push Ripple USD above Raydium — the token of Solana’s main decentralized exchange — in the market cap rankings. The jump is important because RLUSD is still pretty young, only launching months ago, but it is already moving $150 million in daily volume. 

That means it has a turnover rate of over 20% of supply every single day. For a stablecoin that is still finding its distribution rails, that kind of speed is a statement.

What is so specific about Ripple USD stablecoin?

What makes RLUSD stand out is how well institutions are already plugging in. Investors can swap tokenized fund shares like BlackRock’s BUIDL into RLUSD using Securitize, closing the loop between tokenized treasuries and dollars. 

DBS Bank is listing RLUSD alongside sgBENJI in Asia, enabling trading, borrowing and collateralizing using Ripple’s stablecoin in the same environment as tokenized money market funds.

Source: CoinMarketCap

The mint-burn-mint cycle shows that Ripple is treating RLUSD like a live monetary instrument, not a one-way issuance machine. If you look at the market size of Raydium, it is already overtaking some of the big names in DeFi. 

Connections with large institutions show the target is bigger than crypto trading pairs; Ripple wants RLUSD to be at the center of global tokenized finance.



Source link

September 24, 2025 0 comments
0 FacebookTwitterPinterestEmail
Decrypt logo
NFT Gaming

WLFI Rises as Trump-Backed World Liberty Plans to Buy Back and Burn Tokens

by admin September 21, 2025



In brief

  • WLFI token holders passed a proposal to buy back and burn the token using earned fees.
  • Fees earned will buy used to buy WLFI from the open market and effectively remove them from the circulating supply.
  • WLFI is currently up 6% on the day and more than 13% in the last week.

The WLFI token of the Trump-backed DeFi protocol World Liberty Financial is rising amid news that the protocol intends to buy back and burn the token with fees it earns from providing liquidity. 

WLFI has risen over 6% in the last 24 hours and more than 13% in the last week, now changing hands at $0.236.

The firm’s buyback and burn program plans were officially approved via a governance vote in which WLFI token holders overwhelmingly voted in favor of the proposition with 99.84% “for.” 

“This proposal directs all fees earned by WLFI’s protocol-owned liquidity (POL) to be used for buying WLFI on the open market and permanently burning it,” it reads. 



In other words, all the fees earned by World Liberty Financial for providing liquidity with its treasury funds will purchase tokens, which will subsequently be burned—or effectively destroyed and removed from the supply. 

World Liberty currently earns fees from trading on the Ethereum, Solana, and BNB Chain. 

The proposal also considered alternative uses for the fees, like keeping them in the treasury for operations or splitting with a burn program, but ultimately believed that the “community preference” was to burn 100% of fees earned. 

The WLFI token debuted for trading in early September, quickly jumping to more than $0.26—greater than a 1,700% gain for allowlisted buyers of the token who were able to purchase it for just more than a penny. The token peaked above a price of $0.33 on the day that trading began.

Initially the token was not tradeable and was only used as a governance token, but a proposal was passed in July to make it eligible for trading on the open market.

The Trump-backed project has led to a significant boon to the family’s wealth, with the value of their holdings jumping as high as $6 billion thanks to their collectively owned 22.5 billion WLFI tokens. That amount is now worth just more than $5 billion. 

Since launching last year, the DeFi protocol unveiled its own stablecoin—USD1—which has gone on to earn a Coinbase listing. The dollar-backed stablecoin also trades on Ethereum, BNB Chain, Solana, and Tron.

Daily Debrief Newsletter

Start every day with the top news stories right now, plus original features, a podcast, videos and more.



Source link

September 21, 2025 0 comments
0 FacebookTwitterPinterestEmail
20,311,173 SHIB Burn Shakes Up Network With Massive Key Index Surge
GameFi Guides

20,311,173 SHIB Burn Shakes Up Network With Massive Key Index Surge

by admin September 6, 2025


  • 20.3 million SHIB dissolved from supply
  • SHIB price crashes following Bitcoin drawdown

The Shiba Inu community continues to gradually diminish the circulating SHIB supply by conducting regular burns. According to fresh data shared by the Shibburn portal, over the past week, a significant portion of these meme coins has been pushed out of circulation for good.

Meanwhile, over the past day, the SHIB price has displayed a mild decline after failing to continue the 1.9% rise on Friday.

You Might Also Like

20.3 million SHIB dissolved from supply

In a recent tweet, the aforementioned blockchain tracker revealed that over the past seven days, the Shiba Inu community has managed to dispose of a substantial meme coin batch as 20,311,173 SHIB were transferred to unspendable blockchain addresses.

This helped to drive the weekly burn rate by 43.66%, while the daily one has gone down by 97.15% due to a very small amount of SHIB burned over the past 24 hours. Since last morning, the community has so far managed to burn 69,808 SHIB.

HOURLY SHIB UPDATE$SHIB Price: $0.00001229 (1hr -0.15% ▼ | 24hr -0.08% ▼ )
Market Cap: $7,242,999,177 (-0.06% ▼)
Total Supply: 589,247,711,761,922

TOKENS BURNT
Past hour: 69,613 (2 transactions)
Past 24Hrs: 69,808 (-97.15% ▼)
Past 7 Days: 20,311,173 (43.66% ▲)

— Shibburn (@shibburn) September 6, 2025

SHIB price crashes following Bitcoin drawdown

In the meantime, the price of the prominent meme-themed asset, SHIB, has dropped mildly, losing 1.67% today. This price decline was likely triggered by Bitcoin’s drawdown as BTC sharply fell by 2.4% on Friday, losing the $113,250 mark and landing at $110,560. It has been moving in that price range so far. The decline happened in a single mammoth red candle on an hourly chart.

SHIB’s price fall, also marked by a huge red candle, followed a similar rise of 3.83% as the meme coin strove to surpass the $0.00001248 resistance level. At the time of this writing, SHIB is changing hands at $0.00001225.





Source link

September 6, 2025 0 comments
0 FacebookTwitterPinterestEmail
Shiba Inu
GameFi Guides

Shiba Inu Integration With Chainlink Introduces A New Way To Burn SHIB

by admin August 18, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Shiba Inu (SHIB) has taken a significant step toward strengthening its ecosystem through its integration with Chainlink (LINK). The update introduces a new way to burn SHIB directly on Ethereum with every cross-chain transaction. This ensures that the cryptocurrency remains true to its ETH-native roots while expanding its presence across various blockchains. 

Chainlink CCIP Introduces New SHIB Burn Method 

Chainlink’s Cross-Chain Interoperability Protocol (CCIP) is now part of the Shiba Inu ecosystem, marking a major move to boost its connectivity and expand utility across multiple networks. This integration not only reinforces SHIB’s position as an Ethereum-native asset but also creates an entirely new mechanism for burning tokens across multiple chains. 

Shiba Inu developer Kaal Dhairya emphasized in an X social media post on August 16 that SHIB’s foundation will always remain on Ethereum, with every move developed and audited in collaboration with the Chainlink team. He also noted that new pathways now exist for builders who want to deploy Shiba Inu on other chains such as Base, XX, or Solana. 

Moreover, through the Chainlink CCIP version of SHIB, developers can seamlessly move tokens across different blockchains while triggering burns that feed directly back into Ethereum. This ensures that every cross-chain transfer contributes to reducing Shiba Inu’s considerable circulating supply. 

Dhairya also revealed that this new system was designed not just for SHIB but also for the ecosystem’s tokens, including BONE, LEASH, and TREAT, delivering a comprehensive burn mechanism that benefits all corners of the crypto network. Beyond token burns, Shiba Inu’s official partnership with Chainlink in 2024 has also brought additional technological advancements. 

Ecosystem tokens like SHIB, BONE, and LEASH have already adopted Chainlink’s Cross-Chain Token (CCT) standard, while ShibariumNet has integrated CCiP as its canonical cross-chain infrastructure. Collectively, these innovations demonstrate that Shiba Inu is not only focused on community-driven token burns but also on building a scalable infrastructure that can compete with leading decentralized networks.

For the Shiba Inu community, the new burn mechanism marks a fresh era of growth and connectivity. Token burns have always been an integral part of Shiba Inu’s long-term value proposition, and the new Chainlink CCIP model streamlines this process, making it more efficient and scalable across multiple networks. 

Shiba Inu Records Massive Weekly Burn

In a different X post, the Shibburn tracker announced that the past seven days have witnessed a staggering 158.7 million SHIB destroyed, reflecting a surge of over 1,047% compared to the prior week. This rise in burn rate indicates renewed enthusiasm in the community and heightened activity from individuals and projects committed to reducing supply. 

In the last 24 hours, Shibburn also reported that more than 29.3 million SHIB tokens were burned, representing a 4.14% increase in daily destruction rates. CoinMarketCap data shows that SHIB’s price dropped over 4.5% in a single day, yet these burn figures demonstrate the community’s continued commitment to reducing excess supply.

SHIB trading at $0.000012 on the 1D chart | Source: SHIBUSDT on Tradingview.com

Featured image from Getty Images, chart from Tradingview.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



Source link

August 18, 2025 0 comments
0 FacebookTwitterPinterestEmail

Categories

  • Crypto Trends (1,098)
  • Esports (800)
  • Game Reviews (772)
  • Game Updates (906)
  • GameFi Guides (1,058)
  • Gaming Gear (960)
  • NFT Gaming (1,079)
  • Product Reviews (960)

Recent Posts

  • This 5-Star Dell Laptop Bundle (64GB RAM, 2TB SSD) Sees 72% Cut, From Above MacBook Pricing to Practically a Steal
  • Blue Protocol: Star Resonance is finally out in the west and off to a strong start on Steam, but was the MMORPG worth the wait?
  • How to Unblock OpenAI’s Sora 2 If You’re Outside the US and Canada
  • Final Fantasy 7 Remake and Rebirth finally available as physical double pack on PS5
  • The 10 Most Valuable Cards

Recent Posts

  • This 5-Star Dell Laptop Bundle (64GB RAM, 2TB SSD) Sees 72% Cut, From Above MacBook Pricing to Practically a Steal

    October 10, 2025
  • Blue Protocol: Star Resonance is finally out in the west and off to a strong start on Steam, but was the MMORPG worth the wait?

    October 10, 2025
  • How to Unblock OpenAI’s Sora 2 If You’re Outside the US and Canada

    October 10, 2025
  • Final Fantasy 7 Remake and Rebirth finally available as physical double pack on PS5

    October 10, 2025
  • The 10 Most Valuable Cards

    October 10, 2025

Newsletter

About me

Welcome to Laughinghyena.io, your ultimate destination for the latest in blockchain gaming and gaming products. We’re passionate about the future of gaming, where decentralized technology empowers players to own, trade, and thrive in virtual worlds.

Recent Posts

  • This 5-Star Dell Laptop Bundle (64GB RAM, 2TB SSD) Sees 72% Cut, From Above MacBook Pricing to Practically a Steal

    October 10, 2025
  • Blue Protocol: Star Resonance is finally out in the west and off to a strong start on Steam, but was the MMORPG worth the wait?

    October 10, 2025

Newsletter

@2025 laughinghyena- All Right Reserved. Designed and Developed by Pro


Back To Top
Laughing Hyena
  • Home
  • Hyena Games
  • Esports
  • NFT Gaming
  • Crypto Trends
  • Game Reviews
  • Game Updates
  • GameFi Guides
  • Shop

Shopping Cart

Close

No products in the cart.

Close