The post SHIB Burn Volume Falls to Zero After High-Activity Weekend appeared on BitcoinEthereumNews.com.

SHIB burns stall, dropping by 100% SHIB price crashes 15% in past week Data shared by the Shibburn portal has revealed a massive plunge in the daily SHIB burn metric, as it has declined by nearly 100%. The amount of meme coins burned this time is tiny and is not even as high as 100,000 SHIB. This considerable decline comes after an opposite weekend, in which tens of millions of Shiba Inu were burned by the community. This also aligns with the general volatility rise in the crypto market on the whole at the moment. SHIB burns stall, dropping by 100% The aforementioned data source revealed that over the past 24 hours, the Shiba Inu community’s burn activity has faced a substantial drop, with only 20,176 SHIB torched overnight. As a result, the daily SHIB burn rate shows a drop of 99.88%. XRP Yield Risks Explained by XRPL Contributor, Schiff Acknowledges Satoshi’s Innovation With Bitcoin, Six Macro Events to Define Crypto Market This Week: Morning Crypto Report Ethereum’s Massive Slump Continues With Sixth Straight Red Month In stark contrast to Monday, a day before Shibburn registered two large transactions of meme coins to unspendable wallets — 73,527,022 SHIB and 10,335,917 SHIB. Both burns were conducted by anonymous cryptocurrency users from unknown wallets. Source: Shibburn The past week was not the biggest for the SHIB community in terms of the amount of Shiba Inu coins burned. The largest batches of meme coins sent to dead-end wallets contained 10,000,000 SHIB and 15,882,343 SHIB four and five days ago, respectively, according to the Shibburn website. Overall, by now the SHIB army has managed to dispose of 410,754,474,679,250 SHIB in total since early 2021. In May of that year, the mysterious creator of SHIB, known as Ryoshi, sent half of the initial quadrillion SHIB…

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Filed under: News - @ March 2, 2026 5:28 pm