In May 2023, the Shiba Inu community burned over 15 billion SHIB tokens through 191 transactions, marking a 370% increase in burn rate compared to the previous month. Blaze Token emerged as the top SHIB burner of the month, permanently eliminating 11.5 billion SHIB from circulation through five transactions. MARSWAP and a Coinbase-associated wallet also made significant contributions to reducing the SHIB supply. Despite the intense burn activity, the Shiba Inu price has lost 13.7% of its value in the past 30 days and is currently trading at $0.00000854.
Welcome Back
Click “Sign in” to agree to Cointime’s Terms of Service and acknowledge that Cointime’s Privacy Policy applies to you.
Join CoinTime
Already have an account?
Click “page.Sign up” to agree to Cointime’s <a class="underline" href="#term-of-service">Terms of Service</a> and acknowledge that Cointime’s a class="underline" href="#privacy-policy">Privacy Policy</a> applies to you.
Sign in with email
Sign up with email
Your email
Check your inbox
Click the link we sent to to sign in.
Click the link we sent to to sign up.
Shiba Inu Community Burns Over 15 Billion SHIB in May 2023, Blaze Token Emerges as Top Burner
-
Wechat scan to share
Recommended for you
-
Over $594 million worth of PYTH is staked
According to Dune data, there are currently 1,201,167,362 PYTH tokens in the staked state, with a total staked value exceeding $594 million. The number of PYTH stakers has reached 151,211. -
USDC circulation decreased by $100 million in the past week, with a total circulation of $33 billion
According to official data，as of May 9th, Circle has issued approximately $2 billion USDC and redeemed approximately $2 billion USDC in the past 7 days, with a decrease in circulation of approximately $100 million. The total circulation of USDC is $33 billion, with a reserve of $33.1 billion, including approximately $3.3 billion in cash and Circle Reserve Fund holding approximately $29.8 billion. -
Yesterday, Solana’s on-chain DEX transaction volume surpassed Ethereum, reaching $1.314 billion
On May 10th, according to DeFiLlama data, the trading volume of Solana's DEX reached 1.314 billion US dollars yesterday, surpassing the trading volume of 1.297 billion US dollars on Ethereum's DEX. -
EigenLayer TVL falls back to $14.794 billion
According to DefiLlama data, the total value locked (TVL) in Ethereum's re-staking protocol EigenLayer has fallen below $15 billion, currently at $14.794 billion. -
The total subscription volume of Hong Kong Bitcoin ETF yesterday was 101.6, and the Ethereum ETF showed net redemption for two consecutive days
The Hong Kong Bitcoin spot ETF had a net purchase of 101.6 bitcoins and a total holding of 4350 bitcoins on May 8th. The daily trading volume was 2.67 million US dollars, and the total net assets were 270 million US dollars. The daily BTC purchase came from Bosera HashKey and Huaxia Bitcoin ETF. -
Crypto mining company Core Scientific mined over $175 million worth of Bitcoin in the first quarter
Encrypted mining company Core Scientific reported on Wednesday that it mined 2,825 bitcoins in the first quarter of 2024 (worth over $175 million at current prices).The company also reported a net profit of $210.7 million, compared to a net loss of about $400,000 last year. Its stock has resumed trading on Nasdaq after emerging from bankruptcy. -
A whale deposited 757.7 BTC to Coinbase 3 hours ago, worth about 47.6 million US dollars
The Data Nerd reported that 3 hours ago, Whale 17Bu7 just deposited $757.7 worth of BTC (approximately $47.6 million) into #Coinbase. -
Ethereum liquidity re-staking protocol TVL exceeds $9.7 billion, of which Eigenpie TVL exceeds $760 million
According to DeFiLlama data, the total value locked (TVL) in Ethereum's liquidity re-staking protocol is currently $9.74 billion. The top five protocols by TVL are: -
Grayscale GBTC has a cumulative net outflow of US$17.4865 billion, and ARKB has a cumulative net inflow of US$2.2447 billion
According to Farside Investors, the cumulative net inflow of the U.S. Bitcoin spot ETF has reached $11.7667 billion since its launch. Among them: -
Ethereum NFT daily trading volume on OpenSea fell to a two-year low, down more than 99% from its peak
On May 8th, former Proof researcher punk9059 stated on X platform that currently, OpenSea's daily trading volume on the Ethereum NFT market is about 600 ETH, which is the lowest level since the NFT bull market began in May 2021. This number is down 99.1% from the peak in May 2022, when OpenSea's daily trading volume reached 66,000 ETH.
Daily Must-Read
-
What are tokenized commodities?
-
Bitcoin opens $63K futures gap as thin liquidity threatens BTC price
-
More than half of the Fortune 100 uses Apple’s Vision Pro headset
-
US Court to hear proposed remedies from Terraform Labs, Do Kwon in May
-
Bitcoin’s ‘euphoria phase’ cools, but a BTC bottom could be near — Glassnode
-
BlackRock's BUIDL becomes the world’s largest tokenized treasury fund
All Comments