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Despite the token removal, the SHIB burn rate stayed negative, reflecting a slowdown compared to previous burn activity levels. According to the Shibburn website, millions of SHIB surpassing 34 million tokens were burned in the last seven days, yet the SHIB weekly burn rate stays negative. 34,197,836 SHIB were burned in the last seven days according to the SHIB burn website. Though significant, this didn't produce a rise in the burn rate, which was down weekly. The SHIB burn rate is down 79.28% in the last seven days, marking a drop compared to the past week. However, the Shiba Inu burn rate is up 28.17% in the last 24 hours in contrast to the weekly burn rate, which is down. 2,263,020 SHIB were burned in the past day, according to the Shibburn website. 174,380,847 SHIB were burned in the last 30 days, a drop of 3.74%.
Bitcoin (BTC) investors who use steady dollar-cost averaging (DCA) may be underperforming versus strategies that adjust exposure to the market’s cycle, according to new research arguing that Bitcoin’s behavior differs from traditional long-duration assets.
In a report cited by Markus Thielen of 10x Research, Bitcoin’s market…
