Top Tweets for #sHIB
#ShibaInu has rebounded above $0.0000057, but its token-burning activity has dropped sharply, creating a notable divergence between #SHIB’s price recovery and its recent supply reduction.
Shiba Inu is benefiting from the broader crypto market recovery led by Bitcoin, which has surpassed the $83,000 mark. Against this backdrop, SHIB has posted a strong recovery, gaining more than 6% over the past 24 hours. The move pushed the token to a multi-week high of $0.000005720.
For context, SHIB last traded around these levels on August 25, when it reached an intraday high of $0.000005739. Therefore, the latest rally has returned SHIB above the $0.0000057 threshold after the token experienced significant weakness in recent weeks.
However, SHIB’s price recovery has not translated into stronger burn activity.
According to Shibburn data, the Shiba Inu burn rate plunged 90.69% over the past 24 hours. During that period, the community removed just 6.72 million SHIB from circulation, worth $37 at the current price.
This figure represents a sharp decline from the more than 72.18 million SHIB burned during the preceding 24-hour period.
Notably, a single transaction accounted for the entire 6.72 million SHIB burned during the latest period. A Coinbase user initiated the transaction more than 14 hours ago, while the burn contract has recorded no additional community burns since then.
https://t.co/yq6fOhYy6M
#SHIB jumps 6% as bulls target $0.000006 after breaking key resistance near $0.0000056
https://t.co/XLWP9MKTzM
@oscar_shibainu Ryoshi briefly put this picture in banner on X more than a year ago he showed the way forward!
Ryoshi Vision 📕📗
#Shib #Oscar
![yobi_btc's tweet photo. [#OKX, 오늘 03:09 UTC 콜드월렛→핫월렛으로 #시바이누 약 1107억8000만개 이체]
아캄 기준으로 110,779,994,032 SHIB가 거래소 내부에서 옮겼대.
지금 시세로 대략 60만 달러 안팎. 출금 유동성 채우는 작업일 수도 있고, 매도 신호로 단정할 수는 없음.
콜드에 남은 물량이 훨씬 큼. #SHIB #거래소이체 #온체인데이터](https://pbs.twimg.com/media/HSu9fuwaQAAyK6v.jpg)
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