The Shiba Inu Burn: A Macro Analyst’s Stress Test on a 0.0000001% Deflation Narrative
Every cycle has its ritual. In 2024, the ritual is the Shiba Inu burn....
| Coin | Price | 24h |
|---|---|---|
|
BTC
Bitcoin
|
$65,062.9 | +0.83% |
|
ETH
Ethereum
|
$1,931.29 | +3.26% |
|
SOL
Solana
|
$77.96 | +1.15% |
|
BNB
BNB Chain
|
$581.4 | +0.17% |
|
XRP
XRP Ledger
|
$1.12 | +1.35% |
|
DOGE
Dogecoin
|
$0.0744 | +0.08% |
|
ADA
Cardano
|
$0.1649 | +1.04% |
|
AVAX
Avalanche
|
$6.74 | +1.26% |
|
DOT
Polkadot
|
$0.8543 | +0.58% |
|
LINK
Chainlink
|
$8.54 | +3.50% |
Extreme Fear
Market Sentiment
Block reward halving event
Team and early investor shares released
Raises validator limit and account abstraction
Independent validator client goes live on mainnet
Circulating supply increases by about 2%
Block reward reduced to 3.125 BTC
Improves data availability sampling efficiency
92 million ARB released
Bitcoin Season
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Every cycle has its ritual. In 2024, the ritual is the Shiba Inu burn....