Decline in Shiba Inu Burn Rate After July 8

By: rootdata|2026/07/10 12:02:18

The token burn rate on the Shiba Inu network slowed down after the largest daily burn of 113,192,435 SHIB on July 8. On July 9, only 2,640,000 SHIB were burned, amounting to approximately $13. The weekly burn increased by 312% to 154,830,000 SHIB. Over the last 30 days, a total burn of 230,060,000 SHIB was recorded. While the price rose to $0.00000438, the overall trading volume in the crypto derivatives market fell by 6% to $141 billion. The daily trading volume of Shiba Inu in the derivatives market decreased by 42.69% to $41,880,000, but open positions increased by 7.53% to $28,200,000. This indicates that appetite for leveraged trading remains limited.

-- Price

--

Disclaimer: This content is provided for general branding and informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online events, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets or to use any services. Crypto assets are highly volatile and may result in loss. WEEX services and online events may not be available in all regions and are subject to applicable laws, regulations, and eligibility requirements. You are responsible for ensuring that your use of WEEX services complies with local laws and for carefully assessing the risks before participating in any crypto-related activities.

You may also like

iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:[email protected]
VIP Program:[email protected]