{"id":401121,"date":"2024-06-21T21:30:00","date_gmt":"2024-06-21T16:00:00","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=401121"},"modified":"2024-06-21T18:44:09","modified_gmt":"2024-06-21T13:14:09","slug":"can-shiba-inus-aggressive-token-burns-reverse-shib-price-trend","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/can-shiba-inus-aggressive-token-burns-reverse-shib-price-trend\/","title":{"rendered":"Can Shiba Inu&#8217;s aggressive token burns reverse SHIB&#8217;s price trend?"},"content":{"rendered":"<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><em><span style=\"font-weight: 400;\">SHIB burn rate surges by 459% in the last 24 hours.<\/span><\/em><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><em><span style=\"font-weight: 400;\">The Deflationary pressure fails to change the market trend as SHIB continues to decline.\u00a0<\/span><\/em><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\"><a href=\"https:\/\/ambcrypto.com\/category\/shiba-inu-news\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">Shiba Inu<\/a> has been on the downside since 30th May, recording a 41% decline till 21st June. The sudden decline after hitting a record high of $0.0004558 on 5th\u00a0 May has captured various crypto players&#8217; attention.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Crypto analysts and enthusiasts\u00a0 have\u00a0 come out blazing to share developing news regarding SHIB.\u00a0 <\/span><\/p>\n<p><a href=\"https:\/\/x.com\/Neome_com\/status\/1804005709207519552\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Innovatekmobile<\/span><\/a><span style=\"font-weight: 400;\">\u00a0shared on X,\u00a0 that <\/span><\/p>\n<blockquote><p><span style=\"font-weight: 400;\">&#8220;Dogecoin killer Shiba Inu&#8217;s burn rate soars by 459%, large transactions witness a twofold jump. However, the deflationary pressure failed to push its prices upward&#8221;. <\/span><\/p><\/blockquote>\n<p><span style=\"font-weight: 400;\">He posited that although there have been high transactions, SHIB prices are continuing to decline.<\/span><\/p>\n<p><a href=\"https:\/\/x.com\/ICryptoCrown\/status\/1804008845003325876\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Crypto Crown<\/span><\/a><span style=\"font-weight: 400;\"> shared similar insights on X, stating that,<\/span><\/p>\n<blockquote><p><span style=\"font-weight: 400;\"> &#8220;Shibu Inu&#8217;s burn rate skyrockets by 459%, torching 33.29 million tokens. Despite the hype, SHIB\/USD fails to rally&#8221;.<\/span><\/p><\/blockquote>\n<p><span style=\"font-weight: 400;\">According to Shibburn, holders eliminated over 33.29 million of SHIB tokens in circulation. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Notably, in financial markets, especially cryptocurrency, the burn rate implies a considerable amount of tokens are transferred to an unusable wallet. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">The move usually aims to reduce supply by removing it from circulation and increasing prices through increased demand resulting from scarcity.<\/span><\/p>\n<h2><strong>How did SHIB react?<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">Despite the attempts to increase demand or generate a positive impact, AMBCrypto&#8217;s analysis indicated that the deflationary pressure did not positively affect prices. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">At press time, SHIB was trading at $0.00001799 and experiencing a 3.19% decline in 24 hours.\u00a0<\/span><\/p>\n<figure id=\"attachment_401125\" aria-describedby=\"caption-attachment-401125\" style=\"width: 894px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/SHIBPA.png\"><img decoding=\"async\" class=\"wp-image-401125 size-full\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/SHIBPA.png\" alt=\"\" width=\"894\" height=\"583\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/SHIBPA.png 894w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/SHIBPA-300x196.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/SHIBPA-768x501.png 768w\" sizes=\"(max-width: 894px) 100vw, 894px\" \/><\/a><figcaption id=\"caption-attachment-401125\" class=\"wp-caption-text\">Source: Tradingview<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">Further, AMBCrypto&#8217;s analysis showed that SHIB has declined by 30% this month, with a 29% decline in the last 30 days. Declining prices result from excessive selling pressure, leaving the market struggling to hold an upswing.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">AMBCrypto analysis of data from Coinglass shows that the massive burn has had no impact on market sentiment. At press time, SHIB&#8217;s weighted funding rate was -0.0015%, meaning investors were closing their positions without opening new ones.<\/span><\/p>\n<figure id=\"attachment_401124\" aria-describedby=\"caption-attachment-401124\" style=\"width: 1852px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/SHIB.png\"><img decoding=\"async\" class=\"wp-image-401124 size-full\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/SHIB.png\" alt=\"\" width=\"1852\" height=\"525\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/SHIB.png 1852w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/SHIB-300x85.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/SHIB-1024x290.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/SHIB-768x218.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/SHIB-1536x435.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/SHIB-1200x340.png 1200w\" sizes=\"(max-width: 1852px) 100vw, 1852px\" \/><\/a><figcaption id=\"caption-attachment-401124\" class=\"wp-caption-text\">Source: Coinglass<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">Equally, Data from Santiment shows declining exchange outflow. Low exchange outflow implies that investors are preparing to sell their assets, resulting in higher selling pressure and lower prices.<\/span><\/p>\n<figure id=\"attachment_401126\" aria-describedby=\"caption-attachment-401126\" style=\"width: 1416px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/SHIBOUTFLOW.png\"><img decoding=\"async\" class=\"wp-image-401126 size-full\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/SHIBOUTFLOW.png\" alt=\"\" width=\"1416\" height=\"700\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/SHIBOUTFLOW.png 1416w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/SHIBOUTFLOW-300x148.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/SHIBOUTFLOW-1024x506.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/SHIBOUTFLOW-768x380.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/SHIBOUTFLOW-1200x593.png 1200w\" sizes=\"(max-width: 1416px) 100vw, 1416px\" \/><\/a><figcaption id=\"caption-attachment-401126\" class=\"wp-caption-text\">Source: Santiment<\/figcaption><\/figure>\n<hr \/>\n<p style=\"text-align: center;\">Is your portfolio green? Check out the\u00a0<a href=\"https:\/\/ambcrypto.com\/calculator\/profit\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">Shiba Inu Profit Calculator<\/a><\/p>\n<hr \/>\n<h2><strong>Implications of the recent burn<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">The surge in burn rates arises amidst increased selling pressure and lower prices.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"> Selling pressure rises because many tokens are in circulation that are ready for trade. At press time, SHIB prices were still declining; thus, higher burn rates failed to achieve their targeted goal, leaving whales with gains.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SHIB burn rate has surged by 459% resulting in over 33.29 million tokens getting torched. Was the price impacted?<\/p>\n","protected":false},"author":94,"featured_media":401128,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[66,3,6388,4,20],"tags":[6427,6425],"class_list":["post-401121","post","type-post","status-publish","format-standard","has-post-thumbnail","category-new-news","category-news","category-shiba-inu-news","category-social","category-trading-view","tag-ambcrypto","tag-featured"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Can Shiba Inu&#039;s aggressive token burns reverse SHIB&#039;s price trend? - AMBCrypto<\/title>\n<meta name=\"description\" content=\"Shiba Inu has been on the downside since 30th May, with a 41% decline till 21st June. The sudden decline after hitting a record high has...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-image-preview:large\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ambcrypto.com\/can-shiba-inus-aggressive-token-burns-reverse-shib-price-trend\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Can Shiba Inu&#039;s aggressive token burns reverse SHIB&#039;s price trend? - AMBCrypto\" \/>\n<meta property=\"og:description\" content=\"SHIB burn rate has surged by 459% resulting in over 33.29 million tokens getting torched. Was the price impacted?\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ambcrypto.com\/can-shiba-inus-aggressive-token-burns-reverse-shib-price-trend\/\" \/>\n<meta property=\"og:site_name\" content=\"AMBCrypto\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/cryptoamb\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-21T16:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/News-Articles-FI-Editors-57.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1792\" \/>\n\t<meta property=\"og:image:height\" content=\"1024\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Gladys Makena\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@CryptoAmb\" \/>\n<meta name=\"twitter:site\" content=\"@CryptoAmb\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Gladys Makena\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/can-shiba-inus-aggressive-token-burns-reverse-shib-price-trend\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/can-shiba-inus-aggressive-token-burns-reverse-shib-price-trend\\\/\"},\"author\":{\"name\":\"Gladys Makena\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/person\\\/3b25532640bb0899f08b34fe3d4235da\"},\"headline\":\"Can Shiba Inu&#8217;s aggressive token burns reverse SHIB&#8217;s price trend?\",\"datePublished\":\"2024-06-21T16:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/can-shiba-inus-aggressive-token-burns-reverse-shib-price-trend\\\/\"},\"wordCount\":445,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/can-shiba-inus-aggressive-token-burns-reverse-shib-price-trend\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2024\\\/06\\\/News-Articles-FI-Editors-57.jpg\",\"keywords\":[\"ambcrypto\",\"featured\"],\"articleSection\":[\"News\",\"News 1\",\"Shiba Inu\",\"Social\",\"Trading View\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/ambcrypto.com\\\/can-shiba-inus-aggressive-token-burns-reverse-shib-price-trend\\\/#respond\"]}],\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/can-shiba-inus-aggressive-token-burns-reverse-shib-price-trend\\\/\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/can-shiba-inus-aggressive-token-burns-reverse-shib-price-trend\\\/\",\"name\":\"Can Shiba Inu's aggressive token burns reverse SHIB's price trend? - AMBCrypto\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/can-shiba-inus-aggressive-token-burns-reverse-shib-price-trend\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/can-shiba-inus-aggressive-token-burns-reverse-shib-price-trend\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2024\\\/06\\\/News-Articles-FI-Editors-57.jpg\",\"datePublished\":\"2024-06-21T16:00:00+00:00\",\"description\":\"Shiba Inu has been on the downside since 30th May, with a 41% decline till 21st June. The sudden decline after hitting a record high has...\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/ambcrypto.com\\\/can-shiba-inus-aggressive-token-burns-reverse-shib-price-trend\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/can-shiba-inus-aggressive-token-burns-reverse-shib-price-trend\\\/#primaryimage\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2024\\\/06\\\/News-Articles-FI-Editors-57.jpg\",\"contentUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2024\\\/06\\\/News-Articles-FI-Editors-57.jpg\",\"width\":1792,\"height\":1024,\"caption\":\"Shiba Inu\"},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#website\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/\",\"name\":\"AMBCrypto\",\"description\":\"Stay Ahead!\",\"publisher\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"},\"alternateName\":\"AMBCrypto News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/ambcrypto.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\",\"name\":\"AMBCrypto\",\"alternateName\":\"AMBCrypto News\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2026\\\/04\\\/amb-wide.jpg\",\"width\":600,\"height\":60,\"caption\":\"AMBCrypto\"},\"image\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/cryptoamb\",\"https:\\\/\\\/x.com\\\/CryptoAmb\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/13629485\\\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/person\\\/3b25532640bb0899f08b34fe3d4235da\",\"name\":\"Gladys Makena\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2024\\\/06\\\/at-02.05.08-e1718428356778-100x100.jpeg\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2024\\\/06\\\/at-02.05.08-e1718428356778-100x100.jpeg\",\"contentUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2024\\\/06\\\/at-02.05.08-e1718428356778-100x100.jpeg\",\"caption\":\"Gladys Makena\"},\"description\":\"Gladys Makena is a Cryptocurrency and Financial Analyst at AMBCrypto with four years of market analysis experience. Her quantitative expertise is supported by a strong background in Finance, providing a solid foundation for a data-driven approach. At AMBCrypto, Gladys is committed to providing the community with timely and insightful news, reports and technical analysis.\",\"sameAs\":[\"https:\\\/\\\/ke.linkedin.com\\\/in\\\/gladys-makena-2b10662b2\"],\"url\":\"https:\\\/\\\/ambcrypto.com\\\/author\\\/gladys-makena\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Can Shiba Inu's aggressive token burns reverse SHIB's price trend? - AMBCrypto","description":"Shiba Inu has been on the downside since 30th May, with a 41% decline till 21st June. The sudden decline after hitting a record high has...","robots":{"index":"index","follow":"follow","max-image-preview":"max-image-preview:large"},"canonical":"https:\/\/ambcrypto.com\/can-shiba-inus-aggressive-token-burns-reverse-shib-price-trend\/","og_locale":"en_US","og_type":"article","og_title":"Can Shiba Inu's aggressive token burns reverse SHIB's price trend? - AMBCrypto","og_description":"SHIB burn rate has surged by 459% resulting in over 33.29 million tokens getting torched. Was the price impacted?","og_url":"https:\/\/ambcrypto.com\/can-shiba-inus-aggressive-token-burns-reverse-shib-price-trend\/","og_site_name":"AMBCrypto","article_publisher":"https:\/\/www.facebook.com\/cryptoamb","article_published_time":"2024-06-21T16:00:00+00:00","og_image":[{"width":1792,"height":1024,"url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/News-Articles-FI-Editors-57.jpg","type":"image\/jpeg"}],"author":"Gladys Makena","twitter_card":"summary_large_image","twitter_creator":"@CryptoAmb","twitter_site":"@CryptoAmb","twitter_misc":{"Written by":"Gladys Makena","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/ambcrypto.com\/can-shiba-inus-aggressive-token-burns-reverse-shib-price-trend\/#article","isPartOf":{"@id":"https:\/\/ambcrypto.com\/can-shiba-inus-aggressive-token-burns-reverse-shib-price-trend\/"},"author":{"name":"Gladys Makena","@id":"https:\/\/ambcrypto.com\/#\/schema\/person\/3b25532640bb0899f08b34fe3d4235da"},"headline":"Can Shiba Inu&#8217;s aggressive token burns reverse SHIB&#8217;s price trend?","datePublished":"2024-06-21T16:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/ambcrypto.com\/can-shiba-inus-aggressive-token-burns-reverse-shib-price-trend\/"},"wordCount":445,"commentCount":0,"publisher":{"@id":"https:\/\/ambcrypto.com\/#organization"},"image":{"@id":"https:\/\/ambcrypto.com\/can-shiba-inus-aggressive-token-burns-reverse-shib-price-trend\/#primaryimage"},"thumbnailUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/News-Articles-FI-Editors-57.jpg","keywords":["ambcrypto","featured"],"articleSection":["News","News 1","Shiba Inu","Social","Trading View"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ambcrypto.com\/can-shiba-inus-aggressive-token-burns-reverse-shib-price-trend\/#respond"]}],"copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/ambcrypto.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/ambcrypto.com\/can-shiba-inus-aggressive-token-burns-reverse-shib-price-trend\/","url":"https:\/\/ambcrypto.com\/can-shiba-inus-aggressive-token-burns-reverse-shib-price-trend\/","name":"Can Shiba Inu's aggressive token burns reverse SHIB's price trend? - AMBCrypto","isPartOf":{"@id":"https:\/\/ambcrypto.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ambcrypto.com\/can-shiba-inus-aggressive-token-burns-reverse-shib-price-trend\/#primaryimage"},"image":{"@id":"https:\/\/ambcrypto.com\/can-shiba-inus-aggressive-token-burns-reverse-shib-price-trend\/#primaryimage"},"thumbnailUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/News-Articles-FI-Editors-57.jpg","datePublished":"2024-06-21T16:00:00+00:00","description":"Shiba Inu has been on the downside since 30th May, with a 41% decline till 21st June. The sudden decline after hitting a record high has...","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ambcrypto.com\/can-shiba-inus-aggressive-token-burns-reverse-shib-price-trend\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ambcrypto.com\/can-shiba-inus-aggressive-token-burns-reverse-shib-price-trend\/#primaryimage","url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/News-Articles-FI-Editors-57.jpg","contentUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/News-Articles-FI-Editors-57.jpg","width":1792,"height":1024,"caption":"Shiba Inu"},{"@type":"WebSite","@id":"https:\/\/ambcrypto.com\/#website","url":"https:\/\/ambcrypto.com\/","name":"AMBCrypto","description":"Stay Ahead!","publisher":{"@id":"https:\/\/ambcrypto.com\/#organization"},"alternateName":"AMBCrypto News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ambcrypto.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ambcrypto.com\/#organization","name":"AMBCrypto","alternateName":"AMBCrypto News","url":"https:\/\/ambcrypto.com\/","logo":{"@type":"ImageObject","@id":"https:\/\/ambcrypto.com\/#\/schema\/logo\/image\/","url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/04\/amb-wide.jpg","width":600,"height":60,"caption":"AMBCrypto"},"image":{"@id":"https:\/\/ambcrypto.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/cryptoamb","https:\/\/x.com\/CryptoAmb","https:\/\/www.linkedin.com\/company\/13629485\/"]},{"@type":"Person","@id":"https:\/\/ambcrypto.com\/#\/schema\/person\/3b25532640bb0899f08b34fe3d4235da","name":"Gladys Makena","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/at-02.05.08-e1718428356778-100x100.jpeg","url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/at-02.05.08-e1718428356778-100x100.jpeg","contentUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/at-02.05.08-e1718428356778-100x100.jpeg","caption":"Gladys Makena"},"description":"Gladys Makena is a Cryptocurrency and Financial Analyst at AMBCrypto with four years of market analysis experience. Her quantitative expertise is supported by a strong background in Finance, providing a solid foundation for a data-driven approach. At AMBCrypto, Gladys is committed to providing the community with timely and insightful news, reports and technical analysis.","sameAs":["https:\/\/ke.linkedin.com\/in\/gladys-makena-2b10662b2"],"url":"https:\/\/ambcrypto.com\/author\/gladys-makena\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/posts\/401121","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/users\/94"}],"replies":[{"embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/comments?post=401121"}],"version-history":[{"count":0,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/posts\/401121\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/media\/401128"}],"wp:attachment":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/media?parent=401121"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/categories?post=401121"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/tags?post=401121"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}