Shiba Inu: no burn recorded since October 31, what matters now

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.Analysis: Shiba Inu's burn tracker has not recorded a new entry since Saturday, October 31, and the seven days before that added up to 17.4 million tokens. What is documented and what our editors conclude from it are kept separate in this article.Add as a preferred source on GoogleFollow on Google NewsWhat the data shows: the public burn tracker Shibburn lists zero destroyed Shiba Inu tokens over the past 24 hours, and the last recorded entry dates from Saturday, October 31. Our assessment follows further down. For SHIB's supply, this standstill is irrelevant; for the credibility of the burn narrative, it is not. The price itself barely moves on Sunday evening. According to CoinGecko data, SHIB trades at $0.00000468, up 0.11 percent in a day. Over the week it is down 4.45 percent, over 30 days 16.22 percent. Market capitalisation stands at $2.76 billion, enough for rank 37, and the gap to the all-time high is 94.6 percent. Zero entries in 24 hours, 17.4 million in seven days The...