Курс Dog (Bitcoin)DOG

SHIB Burn Rate Spikes 4500%, Shiba Inu Coin To Set Go Parabolic? SHIB burn rate noted a stunning 4500% uptick as millions of tokens were burned. Shiba Inu coin signals a parabolic run. Shiba Inu coin has again reverberated bullishness across the broader market on Thursday, witnessing a staggering 4500% uptick in the SHIB burn rate. Latest burn data indicated that over 50 million coins were taken out of the token’s circulating supply, underlining the crypto’s potential to pump ahead. Simultaneously, even the meme coin’s intraday movement showcased remarkable gains, pouring additional optimism toward the crypto’s future movements. SHIB Burn Soars 4500% As Over 50M Coins Destroyed According to the official burn tracker Shibburn’s data on November 28, the SHIB burn rate showed a 4483% surge over the past day. This massive surge is primarily attributed to the destruction of 53.61 million tokens. Besides, following the token destruction, market supply for the dog-themed meme crypto totaled 589.26 trillion SHIB. In the preliminary context, the meme coin’s token burn mechanism results in a supply decline for the asset, which is a bullish aspect per the law of supply and demand. Simultaneously, other bullish events appear to have bolstered the crypto’s market standing. Notably, Binance has recently expanded trade offerings for Shiba Inu coin, CoinGape reported. The leading crypto exchange commenced spot grid and spot DCA for SHIB/USDC, paving the path for further money inflow into the token’s ecosystem. Overall, the burn rate surge and enhanced trade offerings generated an optimistic torrent for the cryptocurrency and its price movements.

Maybe CZ's dog picture was not a fundamentally bullish catalyst after all

who the fuck calls his dog broccoli btw lol

BNB’s price surged over 11% in the last 24 hours and 21% over the past week, leading to speculation about a potential rally reaching beyond $1,000. The recent price surge aligns with BNB’s bullish technical setup. Analysts emphasize solid technical indicators, notably a key ascending trendline that BNB has successfully defended. Historically, this trendline has served as a foundation for significant rallies. The latest chart indicates a clear bounce from support, with previous instances suggesting further gains. If this pattern continues, BNB could be positioned to retest its all-time high (ATH) and possibly exceed $1,000. While the bullish structure remains, the market is characterized by volatility. Resistance levels near the $750-$800 zone could present a short-term barrier. Should Bitcoin experience a correction or regulatory concerns re-emerge, BNB could face selling pressure. However, given continued ecosystem growth and supportive technical indicators, analysts suggest this rally may have further upside potential. Changpeng Zhao’s renewed engagement is also contributing to the rally. The former CEO had recently hinted at the possibility of a meme coin inspired by his pet dog. In a series of questions on his official X handle , Zhao expressed curiosity about memecoin creation and the concept of an “official” memecoin. He acknowledged the numerous requests for his dog’s name and image prompting his serious consideration of the idea. Related: PancakeSwap’s CAKE Explodes 58%, Whale Activity and Binance CZ Optimism Fuel Rally CZ’s post reflects his intrigue regarding the memecoin phenomenon, specifically how such projects gain traction and how the community distinguishes legitimate and unofficial versions. He also joked about respecting his dog’s privacy versus “doxing the dog for the cause.” The Binance CEO stated that he will carefully evaluate the memecoin detail, consistent with his approach to significant decisions. Intriguingly, CZ implied the possibility of interacting with some of the meme coins on the BNB Chain, Binance’s blockchain network. Related: Memecoins are Exploding in Popularity, But Binance CMO Says Utility is Key CZ’s renewed engagement, particularly his intrigue with the mechanics of meme coin creation has sparked considerable interest. But with resistance zones looming, traders are questioning how long this rally can last. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

🚀 CZ's dog Broccoli 🐶🥦 just broke the internet! Memes everywhere! 🤣💥 Can you find the real Broccoli? 👀🫵😂 #BitBounty 🚀 #BroccoliTakeover 🥦