SHIB Burn Bonanza: 389 Million Coins Gone, But Where’s the Party? 🎉

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Well, well, well! The Shibburn tracking platform has spilled the beans on the Shiba Inu burn party of the month! In the shortest month of the year, we’ve managed to torch almost 400 million SHIB coins! Talk about a hot mess! 🔥

As February waved goodbye, the SHIB price decided to take a nosedive, but don’t worry folks, it’s already trying to pull a Houdini and recover! 🎩✨

Hundreds of millions of SHIB scorched but SHIB army unhappy

According to our trusty data platform, the Shiba Inu community has been busy playing with fire, successfully incinerating a whopping 389,189,413 SHIB in 134 burn transactions! That’s a lot of crispy coins! 🍟

But hold your horses! Despite this impressive bonfire, the SHIB community is throwing a tantrum! They’re saying, “What’s the point of burning all these coins if the price is still stuck in the mud?” One disgruntled X user tweeted: “At this rate, the price will never get to one cent.” Well, Kevin, maybe we should just start a SHIB penny jar! 💰

At this rate, the price will never get to one cent.

— Kevin (@lee2992002) March 1, 2025

Another SHIB enthusiast had a brilliant idea: “Let’s throw a concert party or an online gaming tournament!” Because nothing says “let’s boost the price” like a bunch of gamers shouting at their screens! 🎮🎤

SHIB price flips green

On Friday, the second largest meme coin took a little tumble, losing more than 10% of its value. It fell from the $0.00001475 level, but don’t worry, it’s back up 6.55% in the last 24 hours! It’s like watching a soap opera—will it rise, will it fall? Stay tuned! 📺

As of now, Shiba Inu is trading at $0.00001377, closely following Bitcoin, which is reacting to the latest US foreign policy drama. Who knew crypto could be so political? 🤷‍♂️

Elon Musk bashes meme coins

This week, the one and only Elon Musk graced Joe Rogan’s podcast with his presence and decided to throw shade at meme coins. He said, “If you expect to win at meme coins, that’s being foolish.” Well, thanks for the pep talk, Elon! 🙄

He compared the crypto scene to a casino, warning traders not to bet their life savings. So, folks, maybe it’s time to stop playing poker with your future! 🃏💸

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2025-03-01 13:59