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Trading Type
Spot
Trade crypto freely
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Trade new tokens before they are officially listed
Margin
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Convert & Block Trading
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Trade any size with no fees and no slippage
Alpha
Points
Get promising tokens in streamlined on-chain trading
Leveraged Tokens
Get exposure to leveraged positions simply
Futures
Futures
Hundreds of contracts settled in USDT or BTC
Options
HOT
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Futures Kickoff
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Futures Events
Participate in events to win generous rewards
Demo Trading
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Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
NEW
Trade on-chain assets and enjoy airdrop rewards!
Futures Points
NEW
Earn futures points and claim airdrop rewards
Investment
Simple Earn
Earn interests with idle tokens
Auto-Invest
Auto-invest on a regular basis
Dual Investment
Buy low and sell high to take profits from price fluctuations
Soft Staking
Earn rewards with flexible staking
Crypto Loan
0 Fees
Pledge one crypto to borrow another
Lending Center
One-stop lending hub
VIP Wealth Hub
Customized wealth management empowers your assets growth
Private Wealth Management
Customized asset management to grow your digital assets
Quant Fund
Top asset management team helps you profit without hassle
Staking
Stake cryptos to earn in PoS products
Smart Leverage
NEW
No forced liquidation before maturity, worry-free leveraged gains
GUSD Minting
Use USDT/USDC to mint GUSD for treasury-level yields
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Activity Center
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Referral
20 USDT
Earn 40% commission or up to 500 USDT rewards
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The Shiba Inu (SHIB) burn rate has surged by 18 million tokens over the past 48 hours, coinciding with the stabilization of the SHIB price. On Tuesday, over 12 million tokens were burned, followed by an additional 5.3 million on Wednesday.
The price of SHIB stabilized at $0.00001175 this week after previously hitting its lowest level in months. This stability contrasts with broader market trends, where many cryptocurrencies saw significant recoveries following Donald Trump's announcement to suspend tariffs on Mexican and Canadian goods.
A key factor contributing to SHIB's price stability is the increasing burn rate, which has significantly reduced the circulating supply. Recent data reveals that a single address transferred over 12.63 million SHIB tokens to the burn address, B-2, which now holds over 45.5 billion SHIB. Additionally, another address transferred 5 million tokens.
The burn rate has now led to the removal of more than 410 trillion SHIB tokens from circulation, reducing the total supply to approximately 589 trillion. This ongoing burn process strengthens the token economy and holds the potential to positively impact SHIB's price by creating scarcity over time.
#ShibaInu $SHIB ,