{"id":34320,"date":"2023-12-18T10:23:37","date_gmt":"2023-12-18T10:23:37","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2023\/12\/18\/athur-hayes-predicts-bonk-flipping-shiba-inu-shibarium-burns-another-8-bln-shib\/"},"modified":"2023-12-18T10:23:37","modified_gmt":"2023-12-18T10:23:37","slug":"athur-hayes-predicts-bonk-flipping-shiba-inu-shibarium-burns-another-8-bln-shib","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2023\/12\/18\/athur-hayes-predicts-bonk-flipping-shiba-inu-shibarium-burns-another-8-bln-shib\/","title":{"rendered":"Athur Hayes Predicts Bonk Flipping Shiba Inu; Shibarium Burns Another 8 Bln SHIB"},"content":{"rendered":"

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The Shiba Inu group efficiently accomplished one other Shibarium<\/a>-powered burn of greater than 8 billion. The transfer comes as lead developer Shytoshi Kusama confirmed<\/a> final week that solely SHIB tokens might be burned from the BONE accumulation for SHIB burn on Shibarium. The neighborhood anticipated a burn valued not less than $1 million.<\/p>\n

Arthur Hayes Sees Bonk Topping Shiba Inu<\/h2>\n

BitMEX co-founder Arthur Hayes in a publish on X predicted that Bonk (BONK) meme coin will flip Shiba Inu (SHIB) to turn out to be the 2nd largest dog-themed meme coin.<\/p>\n

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It follows after Bonk was listed<\/a> on Coinbase, Binance, Crypto.com and different high crypto exchanges final week. Bonk worth rallied over 1000% in a month. However, the value has now dropped from ATH of $0.0000341 to $0.0000201 amid revenue reserving. Also, the Saga Mobile telephones bought out amid huge demand on account of Bonk airdrop.<\/p>\n

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Let\u2019s do the rattling thang.$BONK<\/a> > $SHIB<\/a><\/p>\n

\ud83e\udee1\ud83e\udee1\ud83e\udee1\ud83e\udee1\ud83e\udee1\ud83e\udee1 pic.twitter.com\/ZQB1WecBEl<\/a><\/p>\n

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\u2014 Arthur Hayes (@CryptoHayes) December 17, 2023<\/a><\/p>\n<\/blockquote>\n

Meanwhile, the Shiba Inu group has despatched 8,615,169,427 SHIB tokens price $85K to the burn deal with. It is a part of BONE accumulation for SHIB burn on Shibarium. It has now reached 1.41 million BONE price over $1.05 million. The neighborhood anticipated a large $1 million price SHIB burn to scale back the circulating provide of tokens, which assist gasoline Shiba Inu ecosystem tokens\u2019 costs.<\/p>\n

Also Read: Stacks (STX) Skyrockets 15% As STX20 Inscription Minting Causes Network Congestion<\/a><\/strong><\/p>\n

SHIB Price Drops<\/h2>\n

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Shiba Inu burn mechanism is anticipated to burn trillions of tokens, making the SHIB worth to hit $0.01. However, Shiba Inu group burning solely $85K price SHIB tokens resulted in a selloff in SHIB tokens, in addition to BONE.<\/p>\n

SHIB price<\/a> fell over 8% up to now 24 hours, with the value at present buying and selling at $0.00000982. The 24-hour high and low are $0.00000974 and $0.00001072, respectively. Moreover, the treading quantity has additionally fallen immensely within the final 24 hours.<\/p>\n

Meanwhile, BONK worth trades at $0.0000198, down 8% within the final 24 hours.<\/p>\n

Also Read: Bitcoin\u2019s Bull Run at Risk? Analyst Flags Concerns As Network Growth Stalls<\/a><\/strong><\/p>\n

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\u2713 Share:<\/p>\n

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