The post SHIB Burns Collapse 94% Despite Recent Ultra-Bullish Message From SHIB Team appeared on BitcoinEthereumNews.com. SHIB burn rate crashes SHIB exec speaksThe post SHIB Burns Collapse 94% Despite Recent Ultra-Bullish Message From SHIB Team appeared on BitcoinEthereumNews.com. SHIB burn rate crashes SHIB exec speaks

SHIB Burns Collapse 94% Despite Recent Ultra-Bullish Message From SHIB Team

  • SHIB burn rate crashes
  • SHIB exec speaks on SOU to compensate Shibarium users

Despite harsh market turbulence, Shiba Inu remains a major popular meme cryptocurrency among crypto users. A loyal community continues to regularly reduce the circulating SHIB supply.

However, the chart shows that over the past day, the SHIB burn rate has greatly collapsed, even despite the recent bullish message issued by top Shiba Inu team member, Lucie.

SHIB burn rate crashes

According to the figures shared by Shibburn on-chain data tracker, over the past day, SHIB burns have taken a big dent and collapsed by more than 94%. Overall, only 224,644 SHIB were burned, which is a tiny amount compared to the previous day.

On Saturday, the portal registered three burn transactions, surpassing three million meme coins: 2,943,898 SHIB; 616,350 SHIB and 395,729 SHIB.

In total, the joint efforts of the Shiba Inu community have already helped to remove a total of 410,754,198,122,381 SHIB from the circulating supply. Additionally, 3,856,265,086,248 SHIB coins have been staked, which means they are also out of circulation — but not permanently.

You Might Also Like

SHIB exec speaks on SOU to compensate Shibarium users

In a recently published tweet, SHIB’s top executive, Lucie, who is in charge of social media marketing, spoke about the SOU recovery framework. SOU stands for “SHIB owes you,” and it was launched after the Shibarium hack that took place at the end of 2025: the Plasma Bridge exploit. That unfortunate event affected many Shibarium users, and now the SHIB team is doing their best to reimburse them for that.

Lucie revealed that the SOU recovery framework consists of two layers — one is official, and the other one is made for the SHIB community. The official layer is “SOU NFTs on Ethereum,” and it comes from the Shiba Inu team itself. Lucie stated that this is the “accounting layer,” and it was made not for raising money but for tracking the debt to Shibarium users.

The second layer is a “community recovery layer” and, according to the tweet, it is “a liquidity and fee generation mechanism.” Lucie also shared the exact role this project will be playing in the recovery mechanism: “Its role is to create volume, generate fees, route part of that activity into recovery and ecosystem support.”

Lucie concluded her tweet with a disclaimer that this is solely her vision and not the official message of the SHIB team.

Source: https://u.today/shib-burns-collapse-94-despite-recent-ultra-bullish-message-from-shib-team

Market Opportunity
SHIBAINU Logo
SHIBAINU Price(SHIB)
$0.000006056
$0.000006056$0.000006056
-0.59%
USD
SHIBAINU (SHIB) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

XRP Sees Panic Selling as Glassnode Data Shows Significant Holder Losses

XRP Sees Panic Selling as Glassnode Data Shows Significant Holder Losses

XRP’s on-chain data shows mounting stress as profitability collapses, losses deepen, and selling pressure accelerates, signaling a critical behavioral shift among
Share
Coinstats2026/02/10 09:30
TOPONE Markets Advances AI-Powered Analytical Tools, Deepens Service Presence in Vietnam

TOPONE Markets Advances AI-Powered Analytical Tools, Deepens Service Presence in Vietnam

HO CHI MINH CITY, Vietnam–(BUSINESS WIRE)–Amid growing market volatility and increasing information density across global financial markets, traders are placing
Share
AI Journal2026/02/10 10:00
Another Nasdaq-Listed Company Announces Massive Bitcoin (BTC) Purchase! Becomes 14th Largest Company! – They’ll Also Invest in Trump-Linked Altcoin!

Another Nasdaq-Listed Company Announces Massive Bitcoin (BTC) Purchase! Becomes 14th Largest Company! – They’ll Also Invest in Trump-Linked Altcoin!

The post Another Nasdaq-Listed Company Announces Massive Bitcoin (BTC) Purchase! Becomes 14th Largest Company! – They’ll Also Invest in Trump-Linked Altcoin! appeared on BitcoinEthereumNews.com. While the number of Bitcoin (BTC) treasury companies continues to increase day by day, another Nasdaq-listed company has announced its purchase of BTC. Accordingly, live broadcast and e-commerce company GD Culture Group announced a $787.5 million Bitcoin purchase agreement. According to the official statement, GD Culture Group announced that they have entered into an equity agreement to acquire assets worth $875 million, including 7,500 Bitcoins, from Pallas Capital Holding, a company registered in the British Virgin Islands. GD Culture will issue approximately 39.2 million shares of common stock in exchange for all of Pallas Capital’s assets, including $875.4 million worth of Bitcoin. GD Culture CEO Xiaojian Wang said the acquisition deal will directly support the company’s plan to build a strong and diversified crypto asset reserve while capitalizing on the growing institutional acceptance of Bitcoin as a reserve asset and store of value. With this acquisition, GD Culture is expected to become the 14th largest publicly traded Bitcoin holding company. The number of companies adopting Bitcoin treasury strategies has increased significantly, exceeding 190 by 2025. Immediately after the deal was announced, GD Culture shares fell 28.16% to $6.99, their biggest drop in a year. As you may also recall, GD Culture announced in May that it would create a cryptocurrency reserve. At this point, the company announced that they plan to invest in Bitcoin and President Donald Trump’s official meme coin, TRUMP token, through the issuance of up to $300 million in stock. *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/another-nasdaq-listed-company-announces-massive-bitcoin-btc-purchase-becomes-14th-largest-company-theyll-also-invest-in-trump-linked-altcoin/
Share
BitcoinEthereumNews2025/09/18 04:06