Why Did Shiba Inu (SHIB) On-Chain Transactions Just Collapse by 95%?

The post Altcoin Market Reaches Extreme Underperformance, 40% of Coins Trade Near Their ATL appeared on BitcoinEthereumNews.com. One of the major drivers of this underperformance is the low liquidity despite thousands of coins being created and added to the market daily. The bear cycle is heavily affecting altcoins as expected. With bitcoin (BTC) struggling to remain above $60,000, this group of cryptocurrencies is having it worse. A report from the market analysis platform CryptoQuant revealed that about 40% of altcoins are currently trading around their all-time low (ATL). This dynamic reflects an extreme level of underperformance among most projects. Altcoins in Extreme Underperformance According to CryptoQuant analyst Darkfost, the extreme underperformance of altcoins reflects the harsh reality facing projects that chose to launch tokens. The analyst said he initially built the Percentage of Altcoins Near ATL chart to visualize coins trading below 25% of their all-time low, only

One of the major drivers of this underperformance is the low liquidity despite thousands of coins being created and added to the market daily.

The post Shiba Inu Community Alert: Navigate Safely with Verified Domains appeared on BitcoinEthereumNews.com. A prominent figure within the Shiba Inu community, Mazrael, has sounded the alarm over potentially harmful domain names once linked to the Shiba Inu ecosystem. He cautioned users about considering these obsolete domains as legitimate entry points to Shiba Inu’s services. Continue Reading:Shiba Inu Community Alert: Navigate Safely with Verified Domains Source: https://en.bitcoinhaber.net/shiba-inu-community-alert-navigate-safely-with-verified-domains

The post Shiba Inu Records Highest Daily Burn Rate Since November 2025 appeared on BitcoinEthereumNews.com. 117.54 million SHIB exit circulation in a day SHIB burn rate hits 8-month high Shiba Inu has just witnessed a historic surge in its network activity as its burn rate has jumped to levels not seen since this year began. With the Shiba Inu burn rate being consistently modest for most days of 2026, the dramatic surge in the metric seen in the last day has caught the attention of the crypto community, especially market analysts. 117.54 million SHIB exit circulation in a day The last 24 hours have seen Shiba Inu destroy the highest number of tokens it has ever destroyed this year, as data provided by Shibburn shows a rare four-digit surge in the metric in such a short period. Ripple-Operated Rail Dropped by Major Software Company XRP, Shiba Inu (SHIB), Solana (SOL) and Bitcoin (BTC) Price Analysis for June 8: Momentum Is Not Fueled Yet The data showed that about 117,540,000 SHIB worth

The post Shiba Inu Price Prediction: Can Robinhood’s 109M SHIB Burn Break the Triangle Before It Breaks Down appeared on BitcoinEthereumNews.com. Robinhood burned over 109 million SHIB in one transaction, the largest single burn in recent weeks The 24-hour SHIB burn rate jumped 3,096% with the 7-day rate up 680% SHIB is compressing inside a descending triangle with all EMAs above price Shiba Inu trades at $0.00000429 on July 8, down 2.05%, as an unprecedented Robinhood-driven burn spike hits the blockchain while the chart shows price trapped inside a tightening triangle. Is SHIB Approaching A Breakout Or Breakdown From Its Triangle? SHIB 1D Price Action (Source: TradingView) The daily chart shows SHIB inside a descending triangle that has been forming since May, with lower highs pressing against a flat support line near $0.0000040-$0.0000042. The Bollinger Bands have tightened sharply, with the upper band at $0.00000475 and the lower band at $0.00000404, one of the most compressed read

The post Shiba Inu Burns 117 Million SHIB in Largest Single-Day Destruction in Six Months appeared on BitcoinEthereumNews.com. SHIB News Shiba Inu’s community permanently removed more than 117 million SHIB tokens from circulation on July 8, the largest single-day burn recorded in six months. On-chain data shows the tokens were routed to a dead wallet, a one-way address from which they can never be recovered. A single wallet tied to Robinhood led the activity, torching over 109 million SHIB in one transaction, with smaller wallets contributing the remainder through the session. The spike briefly revived the project’s deflationary narrative, yet it landed against a backdrop of broad altcoin fatigue. For holders of Shiba Inu, the burn underscored how community-driven supply cuts continue even when price momentum stalls. Despite the deflationary headline, SHIB has slipped close to 9% over the past month, holding a narrow trading band even after a modest weekly gain. Our reading of the tape

The post Crucial SHIB Ecosystem Update Goes Out to Shiba Inu Community: Reason appeared on BitcoinEthereumNews.com. A crucial Shiba Inu ecosystem update has been issued to the SHIB community as Mazrael, a Shiba Inu community veteran, issued a fresh reminder regarding legacy domains that are no longer maintained by the project. In a recent post, Mazrael shared a reminder to Shiba Inu users that legacy domains have been decommissioned and that Shib.io is the primary portal to the Shiba ecosystem, ShibaSwap and Shibarium, urging them to stay safu, a slang term used in the crypto market for “safe” or “secure.” This information also applies to the domain of ShibTheMetaverse, a virtual world backed by the Shiba Inu ecosystem, with Mazrael sharing this in a separate X post. In a heads-up to the Shiba Inu community, Mazrael shared that the ShibTheMetaverse domain is no longer owned or managed by the Shib wizards and may be purchased or used by a third party. You Might Also Like The warning by

The post SHIB Burn Rate Hits 6-Month High: Will Shiba Inu Price React? appeared on BitcoinEthereumNews.com. Shiba Inu’s community destroyed more than 117 million SHIB tokens on July 8, marking the largest single-day burn in six months. The deflationary spike, tracked by Shibburn, sent the tokens to a dead wallet, permanently removing them from circulation. The token has slipped nearly 9% over the past month even after a modest weekly gain. The asset has spent recent sessions confined to a narrow band, showing little sign of a breakout in either direction. That range has held even as burn headlines circulated across social media. SHIB Price Performance. Source: BeInCrypto Markets SHIB Burn Rate Jumps While Price Barely Moves A wallet linked to Robinhood led the day’s burn activity, torching over 109 million SHIB tokens in a single transaction, Shibburn data shows. Several smaller wallets contributed the remainder throughout the day. Despite the spike, Shiba Inu’s total supply destroyed