Key notes
- Shib burned more than 28 million tokens in 24 hours, because its burning rate experienced a hint of 6,519%.
- Despite the deflationary activity, Shib Price dropped from 8% to $ 0.00001532.
- An escape greater than 0.000017 could push the same part to $ 0.0000224.
Same corner shiba inu
Salogner
$ 0.000014
24h volatility:
2.3%
COURTIC CAPESSION:
$ 8.04 B
Flight. 24 hours:
$ 173.43 M
has witnessed a major increase in its chip burning rate as part of its in progress defective thrust.
According to Shibburn data, the shib burning rate increased by 6,519% on May 13, which resulted in more than 28 million tokens withdrawn within 24 hours.
This jump into the burning rate marks the continuous effort of the SHIB team to create a long -term rarity and utility by reducing its supply in circulation. Currently, more than 410.7 billions of sampon tokens have been burned from the initial supply.
The data suggest that power supply is approximately 584.4 billions of token, while the total power supply is 589.25 Billions. The 24 -hour trading volume of shib also increased by more than 30%, reporting an increase in activity and interest.
Shib price prices
Despite a major increase in the burning rate, the price of shib fell by almost 8% during the last day, negotiating $ 0.0000,1532. The market capitalization of the same corner also had a slight drop to $ 9.05 billion, according to CoinmarketCap.
On the Daily Shib Prix Table, Bollinger’s bands widen, the prices finding themselves after touching the upper strip, which is often a sign of on -lock conditions. The intermediary band (20 -day SMA) is at $ 0.00001402, acting as a key short -term support.
Shib price board with RSI and Bollinger bands | Source: tradingView
Meanwhile, the RSI is around 63 years old, compared to the most 80 a few days ago, indicating a cooling upper momentum. If the indicator falls more, merchants could attend a lower reversal. For the Haussier pursuit, Shib must have support at $ 0,00001,400.
The crypto CW investor noted that SHIB had to overcome the level of key resistance to $ 0.000017 to increase. According to him, if Shib exceeds this wall of sale, the next major resistance is at $ 0.0000224, which could lead to a new upper action.
$ Shib Try to pierce the sale wall.
If it crosses the current sale, the following is $ 0.0000224. pic.twitter.com/pg7ewrd8uo
– CW (@ cw8900) May 12, 2025
Note: This is a sponsored message from our partners
🔥Subbd: Reinventing content subscriptions with AI
While SHIB fights against market volatility, SubBD is quickly gaining ground in the subscription economy. The project aims to disrupt the content market based on the subscription of $ 85 billion by introducing experiences tokenized by AI for fans and creators.
Subbd gives users exclusive access to content and personalized requests, while creators benefit from AI automation tools that simplify management and maximize income.
About Subbd: User case and its Tokenomics
Subbd is a web 3 ecosystem that integrates AI technology to rationalize the creation, management and monetization of content through tokenized content. It offers advantages such as access to premium content, AI service payments, ignition rewards and exclusive access.
The native token of the platform is based on Ethereum blockchain. It fuels transparent payments, exclusive access to content and creators of AI.
Users can spring SubBD tokens to get closer to creators via exclusive live flows, behind -the -scenes content, internal premium drops and rewards. In particular, users can withdraw tokens seven days after the beginnings of Prévente de Prévente.
In particular, the platform has already raised $ 382,495 on a target of $ 598,731.
Current presale statistics:
- Current price: $ 0.0554
- Amount collected so far: $ 382,495
- Ticker: Subbd
- Chain: Ethereum
There are only two days left before the team raised a SubBD value. For those who envisage high -level yields and who seek to invest in a project that introduces AI on the subscription -based market, SUBBD should be on their surveillance list.
following
Non-liability clause: Coinspeaker undertakes to provide impartial and transparent reports. This article aims to provide precise and timely information, but should not be considered as financial or investment advice. Since market conditions can change quickly, we encourage you to check the information for yourself and consult a professional before making decisions according to this content.
Cryptographic journalist with more than 5 years of experience in the industry, Parth has worked with the main media in the world of crypto and finance, the collection of experience and expertise in space after having survived bear markets and bulls over the years. STHTH is also an author of 4 self-published books.
Parth Dubey on LinkedIn
