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
|
$65,140.4 | +0.41% |
|
ETH
Ethereum
|
$1,920.37 | +2.35% |
|
SOL
Solana
|
$77.67 | +0.13% |
|
BNB
BNB Chain
|
$579.6 | -0.58% |
|
XRP
XRP Ledger
|
$1.12 | +0.90% |
|
DOGE
Dogecoin
|
$0.0741 | -1.54% |
|
ADA
Cardano
|
$0.1641 | -1.44% |
|
AVAX
Avalanche
|
$6.7 | +0.28% |
|
DOT
Polkadot
|
$0.8491 | -1.06% |
|
LINK
Chainlink
|
$8.49 | +2.23% |
Extreme Fear
Market Sentiment
Improves data availability sampling efficiency
Block reward reduced to 3.125 BTC
Circulating supply increases by about 2%
92 million ARB released
Independent validator client goes live on mainnet
Raises validator limit and account abstraction
Team and early investor shares released
Block reward halving event
Bitcoin Season
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Every cycle has its ritual. In 2024, the ritual is the Shiba Inu burn....