SOL - 'Dogecoin Killer' Shiba Inu's Burn Rate Skyrockets DOGE Predicted To Rally This Christmas And More: Top Cryptocurrency Stories This Week | Benzinga
This week saw a flurry of activity in the world of cryptocurrency. From a sudden surge in Shiba Inu’s burn rate to a prediction of a Dogecoin rally, the crypto space was anything but quiet. Here’s a quick recap of some of the major stories that made headlines.
Shiba Inu’s Burn Rate Skyrockets 28,000%
Shiba Inu (CRYPTO: SHIB), often referred to as the ‘Dogecoin Killer,’ experienced a notable increase in its burn rate, soaring by a staggering 28,350% on Wednesday. The boost came after more than 6.3 million SHIB tokens were transferred to a dead wallet, as reported by Shibburn, a Shiba Inu burn tracker. This surge followed Shiba Inu’s recent partnership announcement with D3 Global, purposed at securing the .shib domain. Read the full article here.
Shiba Inu Makes History With Plans for .shib Top-Level Domain
Shiba Inu announced its plans to secure the .shib top-level domain, in partnership with D3 Global. This marks Shiba Inu as one of the first decentralized ecosystems to pursue a dedicated top-level domain, integrating the traditional domain name system with the burgeoning Web3 sector. Read the full ...