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
Improves data availability sampling efficiency
Independent validator client goes live on mainnet
Block reward halving event
92 million ARB released
Circulating supply increases by about 2%
Team and early investor shares released
Block reward reduced to 3.125 BTC
Raises validator limit and account abstraction
Bitcoin Season
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Every cycle has its ritual. In 2024, the ritual is the Shiba Inu burn....