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99.02% Shiba Inu Metric Drop Has Intriguing 9,008,428 SHIB Twist: Details

by admin September 28, 2025

In the last 24 hours, Shiba Inu’s burn rate crashed into the negative. As reported, 7,082,219 SHIB were burned in the day preceding Sept. 27. From over 7 million SHIB tokens burned a day before, Shiba Inu burns fell not to a million but to less than 100,000 SHIB.

In the past day, Shiba Inu burn sentiment fell, leading to a drop in tokens burned. According to Shibburn, 69,690 SHIB were burned, leading to a 99.02% drop in daily burn rate. Meanwhile, in the past seven days, there has been an uptick in burn rate with over 9 million tokens burned.

HOURLY SHIB UPDATE$SHIB Price: $0.00001173 (1hr 0.07% ▲ | 24hr -1.37% ▼ )
Market Cap: $6,913,288,373 (-1.39% ▼)
Total Supply: 589,247,696,994,906

TOKENS BURNT
Past 24Hrs: 69,690 (-99.02% ▼)
Past 7 Days: 9,008,428 (365.01% ▲)

— Shibburn (@shibburn) September 28, 2025

In the last seven days, a total of 9,008,428 SHIB have been burned, according to Shibburn, resulting in a 365% surge in weekly burn rate. This suggests the peculiarity of the drop in the last day, as it might be a temporary lull in token burns.

Shiba Inu’s total supply is now 589,247,696,994,906 SHIB out of an initial 1 quadrillion tokens.

Shiba Inu Q4 rally?

At the time of writing, SHIB was down 0.32% in the last 24 hours to $0.00001176 and down 9.10% weekly.

Shiba Inu is down 3.53% so far in September, in line with a price tendency seen in the last two years.

Shiba Inu finished 2023 and 2024 higher, with gains of 23% and 104%, respectively, aided by positive Q4 performance in both instances. In 2023, while SHIB’s price was mostly flat for the larger part of the year, it saw a rise in Q4, increasing in the months spanning from October to December.

The same was witnessed in 2024, as the Shiba Inu price declined for months, only to stage a last-minute Q4 rally to close the year 104% higher. Shiba Inu rose from a low of $0.00001231 in September of that year to reach a high of $0.00003344 in December, a 171% surge. From both instances, a trend seen for Shiba Inu is that of last-minute Q4 rallies. Whether history will rhyme in the current Q4 will be closely watched in the months ahead.

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September 28, 2025 0 comments

Crypto Trends

NYDIG Calls for Bitcoin Treasury Companies to Drop ‘Misleading’ mNAV Metric

by admin September 27, 2025

Strive Asset Management (ASST) has acquired Semler Scientific (SMLR) in an all-stock deal. While historic, the move also drew attention to what may be a problem for investors valuing bitcoin treasury firms.

The acquisition was the first-ever merger between two Digital Asset Treasuries (DATs) holding bitcoin, giving the combined company control of more than 10,900 BTC and increases net asset value (NAV) per share, which DAT investors view as a measure of “yield.”

In a note this week commenting on the acquisition, Greg Cipolaro, Global Head of Research at NYDIG, argued that the commonly used “mNAV” metric, defined as market cap divided by crypto held, should be removed from industry reporting altogether.

“At best, it’s misleading; at worst, it’s disingenuous,” the firm claimed in the note.

NYDIG pointed out that it fails to account for operating businesses or other assets that a DAT may own. Most major bitcoin treasury firms do, indeed, operate businesses that add value.

Second, NYDIG wrote, mNAV often uses “assumed shares outstanding,” which could include convertible debt that hasn’t met conversion conditions.

“Convert holders would demand cash, not shares, in exchange for their debt. This is a much more onerous liability for a DAT than simply issuing shares,” the firm added. “Because convertible debt is essentially volatility harvesting (converts are debt + call options), the DAT is incentivized to maximize its equity volatility.”

Currently, publicly traded bitcoin treasury firms hold over 1 million BTC, and many are now trading below their mNAV, which could suggest more acquisitions are coming in the near future.

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September 27, 2025 0 comments

NFT Gaming

9,008,448 SHIB Burned in Days: Shiba Inu Metric Rockets 10,021%

by admin September 27, 2025

According to Shibburn, 7,082,219 SHIB have been burned in the last 24 hours, contributing to a 10,021.65% surge in daily burn rate.

The over 7 million SHIB tokens burned in the last 24 hours added to a total of 9,008,448 SHIB tokens burned in the last seven days.

According to Shibburn, 9,008,448 SHIB were burned in the last seven days, only producing a 122% increase in weekly burn rate.

HOURLY SHIB UPDATE$SHIB Price: $0.00001189 (1hr 0.08% ▲ | 24hr 1.03% ▲ )
Market Cap: $7,013,172,639 (1.29% ▲)
Total Supply: 589,247,697,064,597

TOKENS BURNT
Past 24Hrs: 7,082,219 (10021.65% ▲)
Past 7 Days: 9,008,448 (122.01% ▲)

— Shibburn (@shibburn) September 27, 2025

With the recent burns, Shiba Inu’s total supply is now 589,247,697,064,597 SHIB out of an initial 1 quadrillion tokens.

While Shiba Inu’s burn rate has skyrocketed in the last 24 hours, the same cannot be said of Shiba Inu’s price, which was trading down alongside the rest of the markets.

At the time of writing, SHIB was trading at $0.0000118 and down 9% weekly.

Bullish October?

Shiba Inu has steadily declined since a high of $0.00001484 on Sept. 13. The price drop continued further to reach a low of $0.0000115 on Thursday before it slightly rebounded.

So far, Shiba Inu is down 3.36% in September, a month usually mixed for its price action, while optimism remains for October. Historically, October has been one of the most reliably positive months for Bitcoin and major cryptocurrencies, including SHIB, earning it the moniker “Uptober.”

The possibility of a Fed rate cut in October after a similar move by the central bank this month remains, which is positive for cryptocurrencies.

In addition, a historical trend evident for Shiba Inu in the last two years is that of last-minute Q4 rallies. It will be interesting to see if history repeats itself as Q4, 2025, progresses.

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September 27, 2025 0 comments

GameFi Guides

AVAX price forms a rare pattern as key Avalanche metric soars 225%

by admin September 25, 2025

The AVAX price has formed a rare golden cross pattern, indicating further gains as the number of transactions on Avalanche increases.

Summary

Avalanche (AVAX) has surged to $36.61, its highest since January, fueled by rapid network growth and expanding adoption.
Transaction volume jumped 226% this month, active addresses climbed 20%, and fees rose 86%, while total value locked in real-world asset tokenization soared 136% to over $456 million.
Coupled with a bullish technical setup—including a double bottom, a golden cross, and key Fibonacci levels—Avalanche appears positioned for further upside, with $43.75 as the next potential target.

Avalanche (AVAX), one of the biggest layer-1 networks in the crypto industry, jumped to $36.61 this week, its highest level since January. It has spiked by 135% from its lowest level this year.

Avalanche transactions jump

Nansen data shows that Avalanche was the fastest-growing blockchain network in the crypto industry this month. Its transaction jumped by 226% during the month to 50.43 million.

Its active addresses also jumped by 20% this month to 747,545, while its fees soared by 86% to $1.1 million. This growth happened as Avalanche gained market share in key industries in the crypto industry.

For example, Avalanche’s total value locked in the real-world asset tokenization industry rose by 136% in September to over $456 million. This growth was driven by companies like Circle, Avant Protocol, and Tether.

Avalanche’s role in the RWA industry will continue growing as Anthony Scaramucci prepares to launch his tokenized fund on its chain.

Additional data indicates that the supply of stablecoins in its network increased by 16% to $1.9 billion. The number of stablecoin addresses rose by 11% to over 264,0000.

Meanwhile, Avalanche’s liquidations have slowed in the past few days. The liquidations jumped to almost $10 million on Monday and then dropped to $1.36 million today.

AVAX price technical analysis

Avalanche price chart | Source: crypto.news

The daily chart indicates that the AVAX price has formed a double-bottom pattern around $15, with a neckline at $27.30. It has also moved above the neckline, and most importantly, it recently formed a golden cross pattern as the 50-day and 200-day moving averages crossed each other.

A golden cross is one of the most bullish patterns in technical analysis. It has also moved to the 50% Fibonacci Retracement level and is approaching the ultimate resistance level of the Murrey Math Lines.

Therefore, the most likely AVAX price forecast is bullish, with the next target being at $43.75 — the extreme overshoot level.

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September 25, 2025 0 comments

Crypto Trends

10x XRP Skyrocket: Enormous Surge in Key Metric

by admin September 23, 2025

XRP tumbles down
XRP’s growing utility

A recent unheard-of spike in one of XRP’s key metrics indicates that the network is experiencing renewed activity, which could have significant ramifications. The volume of XRP payments, or transactions between accounts, increased by almost 500% in recent days, momentarily surpassing the one billion daily transaction threshold, according to data.

XRP tumbles down

Simultaneously, the volume of payments increased as well, reaching 1,045,261 on Sept. 22, 2025 — a number not seen since some of the busiest network times for XRP. The spike in this metric corresponds to price volatility. Following a significant decline earlier this week, XRP is now trading just below $3.

XRP/USDT Chart by TradingView

Since the middle of August, price action has been contained within a descending channel, maintaining bearish pressure. Notwithstanding this, the growth in underlying transactions indicates that the token’s usefulness is growing, and growing adoption may be mitigating further declines.

Since XRP’s network is designed for high-throughput cross-border transfers, the rise in payments is noteworthy. An increase in transaction volume and quantity could be a sign of settlement testing, institutional flows or wider use of Ripple’s technology.

XRP’s growing utility

When compared to tokens that are solely driven by sentiment, XRP has a fundamentally stronger basis because these metrics reflect actual network usage, unlike speculative trading. However, the price is still under short-term pressure.

The bears are still in control, according to the rejection above $3.20 and the repeated tests of lower support levels. However, if this growth driven by payments persists, the technical structure may be deceptive. Price recoveries are frequently preceded by increased on-chain activity, particularly when paired with the potential for the crypto market’s macro headwinds to lessen.

At the moment, XRP is at a turning point. The 10x increase in payments volume is an unmistakable indication of growing utility, even though price consolidation may continue in the $2.80-$3.00 range. If momentum continues, it might create the conditions for XRP to exit its downward channel and try to move again toward $3.50 and higher.

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September 23, 2025 0 comments

GameFi Guides

XRP Burns Going to 0: Crucial Metric Plunge Raises Questions

by admin September 22, 2025

XRP’s fees disappear
XRP in descending channel

When it comes to tokenomics, XRP has always functioned differently from Ethereum or Shiba Inu. While SHIB actively destroys supply through coordinated burns and ETH introduced a fee-burning mechanism through EIP-1559, XRP’s burn is exclusively connected to transaction fees on the Ripple network. XRP is only ever destroyed once users complete transactions, in which case the fee, typically a penny or less, is permanently taken out of circulation.

XRP’s fees disappear

The quantity of XRP burned as fees has drastically declined over the last three months, becoming almost insignificant at this point. As of Sept. 21, data indicates that only 163 XRP had been burned in a single day, which is a significant decline from the July and early August peaks when network activity momentarily increased. The long-term dynamics of supply and the general use of XRP Ledger are seriously called into question by this consistent decline.

XRP/USDT Chart by TradingView

XRP lacks a protocol-level or community-driven mechanism to speed up burns in contrast to Ethereum or SHIB. Since burn rates are nearly zero, the effect on supply reduction is essentially meaningless. This calls into question one of the bullish theories that could be applied to XRP: Scarcity through destruction. XRP is stuck in its enormous circulating supply of almost 60 billion tokens without a proper circulation removal mechanism.

XRP in descending channel

To make matters worse, the chart indicates that XRP is battling under a downward channel with important supports located at $2.99 and $2.83. Failure to maintain these levels might hasten the decline. XRP’s argument for scarcity-driven growth seems weaker than ever in the absence of burns strengthening long-term fundamentals.

The decrease in burns makes it clear that unless the Ripple ecosystem can significantly expand its on-chain utility, the supply of XRP will not change much and price growth will have to come from institutional adoption or speculation rather than tokenomics. Investors are left with difficult questions regarding the asset’s long-term prospects as XRP’s burn story fades into irrelevance.

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September 22, 2025 0 comments

GameFi Guides

XRP Rockets 762% in Crucial Metric Following ETF Launch

by admin September 19, 2025

As XRP enters the spotlight this week following the big announcement on its first-ever ETF launch, data from CryptoQuant shows that it has seen an explosive surge in exchange activities on Thursday, September 18, 2025.

According to the data, the third-largest cryptocurrency by market capitalization saw its total inflows across all supported exchanges surge by a massive 762%.

Notably, the total exchange inflows recorded on Thursday, the day the first U.S. XRP ETF went live, reached a massive 11.57 million XRP.

This marks a substantial increase from the 1.34 million XRP inflows recorded the previous day. Hence, speculations suggest that the rise in exchange activities witnessed on the day might have been spurred by buzz around the ETF launch.

XRP bearish signal despite ETF launch?

The notable surge in XRP exchange inflows coincides with the debut of the buzzing XRP ETF, which happened the same day.

While exchange inflows are strong indicators of mounting selling pressure, the surge in XRP exchange inflows suggests that the ETF launch has triggered speculative trading among holders while also stirring the decision to reposition their holdings ahead of potential market volatility.

Nonetheless, the move has sparked curiosity among market watchers, as the price of XRP surged massively on the same day despite the inflow spike.

With the amount of XRP offloaded across all supported exchanges rising by a massive 762% in just 24 hours, it appears traders opted to take profits or prepare to sell off the assets amid rising uncertainties on the possible performance of the new ETF.

While the asset saw its price surge substantially by over 5% on the same day, it appears that the ETF launch has driven strong demand for XRP, which was able to absorb the mounting selling pressure.

With the price of XRP returning to the red zone as of today, analysts have become more uncertain about its potential price move; however, they have expressed strong optimism that the XRP ETF launch will ignite fresh institutional participation, pushing XRP’s price beyond record highs.

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September 19, 2025 0 comments

GameFi Guides

Shiba Inu Rockets 440% in Crucial Metric, But Price is Down

by admin September 18, 2025

After multiple days of consistent downtrend, the Shiba Inu burn rate has finally flipped positive, according to data shared by the popular wallet tracker, Shibburn.

According to the data, the Shiba Inu burn rate has returned to the positive side, hitting a 440% increase over the last day. While this marks a decent improvement in the asset’s burn activity, it is not extremely exciting, as the amount of meme coins that have been destroyed during the period remains substantially low compared to previous records.

SHIB supply shrinks by 375,821 SHIB

Notably, the data have shown that only 375,821 SHIB have been moved out of circulation in four separate transactions over the last 24 hours.

This reluctance in SHIB’s deflationary activity comes as no surprise, as it coincides with a negative trend in SHIB’s price action during the period. Notably, the price of the second-largest meme cryptocurrency has failed to resume its uptrend, falling by 1.68% over the last 24 hours after a notable upsurge witnessed the previous day.

This decent recovery in SHIB burn rate has helped to drive a slight improvement in the weekly burn rate. While the SHIB weekly burn rate has previously recorded notable losses, it has only dipped by 62.29%, with about 3,047,331 SHIB burnt over the last week.

SHIB has yet to witness a major breakout in its price, as recent onchain movements suggest fading momentum, with its price majorly trading sideways.

Although Shiba Inu’s latest run has remained unstable, investors have continued to show optimism amid predictions that the leading memecoin is headed for a breakout towards $0.0000138.

Nonetheless, the memetoken remains in the spotlight, as it has continued to draw attention across the broad crypto community amid growing debates on the possibility of a major price rally for Shiba Inu.

While whales have been consistently spotted stacking up on the meme asset, investors are still positive that SHIB can climb beyond key resistance levels and fuel a rally toward the highly anticipated $0.0001 level.

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September 18, 2025 0 comments

NFT Gaming

4.5 Trillion Shiba Inu Lost as Key Metric Flashes Red

by admin September 17, 2025

On September 16, the leading memecoin, Shiba Inu, faced a major setback in its deflationary metric, according to fresh on-chain data shared by renowned blockchain tracking platform, Shibburn.

According to the data provided by the tracker, the SHIB burn rate has moved in an unusual direction, showing a sharp decline of 57.88% over the last 24 hours. The data, which appears concerning to the SHIB community, shows that only 69,420 SHIB tokens were burned in the last day.

It is important to note that SHIB burns are regular measures taken by the SHIB team to permanently remove certain quantities of SHIB from circulation.

While this is done by sending SHIB tokens to dead or inaccessible wallets, it is a decisive action taken to consistently reduce the asset’s circulating supply, thereby fueling scarcity for the token.

SHIB stabilizes at $0.00001308

The negative trend in SHIB’s deflationary metric comes amid a broad crypto market rebound, where prices of leading cryptocurrencies are seen moving on an upside trajectory. However, the price of SHIB has only shown a decent surge of 1.48% over the last day, sparking debates among the crypto community.

While other cryptocurrencies have shown notable increases in their daily gains, investors are worried that the negative trend in the Shiba Inu burn metric might have caused a slowdown in the token’s potential ascent.

Further data shared by the tracker shows that the decline in the key metric was even more pronounced on its 7-day chart. Notably, the token has seen just 2,741,316 SHIB sent out of circulation over the last week, marking a decrease of 87.11%.

Cardano price set to crash as key DeFi metric plunges 45%

by admin September 15, 2025

Cardano price continued rising on Friday, Sept. 12, coinciding with the ongoing crypto market comeback.

Summary

Cardano price has formed a rising wedge pattern on the daily chart.
It has also formed a bearish divergence pattern.
The total value locked in the DeFi ecosystem has plunged by 45% since December.

Cardano (ADA) token rose to $0.90, its highest point in two weeks and about 80% above its lowest level in June. Still, technical analysis points to an upcoming crash as a key decentralized finance metric plunges.

Cardano price chart points to a plunge

The daily timeframe chart shows that the Cardano price is rising and slowly approaching the important resistance point at $1. However, there are signs that the ongoing rally will be short-lived.

ADA is slowly forming a highly bearish rising wedge pattern. The upper side of this pattern links the highest levels since March this year. On the other hand, the lower line connects the lowest swings since June.

The two lines are now nearing their confluence level, which may lead to a crash in the near term.

Technical indicators also point to a reversal. The Average Directional Index has dropped to 16, its lowest level since May 8 and much lower than the July high of 47.

Additionally, the Percentage Price Oscillator and the Relative Strength Index have continued moving downward. Therefore, the most likely outlook is a plunge to key support at $0.51, its lowest swing in June, about 45% below the current level.

This bearish outlook will become invalid if the coin rises above the important resistance level at $1.20.

ADA price chart | Source: crypto.news

Cardano DeFi TVL has plunged

There are three main reasons why the Cardano price may have a bearish breakout in the near term. First, the total value locked in its ecosystem has dropped sharply in the past few months. Its TVL has dropped by 45% from $720 million in December to $383 million today.

Second, the upcoming Federal Reserve interest rate cuts may become a “sell-the-news” event. This is a situation where an asset rises ahead of a major event and then drops when it happens.

Further, there are concerns about Cardano’s ecosystem as other chains have left it behind. For example, the amount of stablecoins in the network stands at $40 million, a tiny amount for an industry worth over $287 billion in assets.

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September 15, 2025 0 comments