{"id":413421,"date":"2025-12-08T17:08:51","date_gmt":"2025-12-08T11:38:51","guid":{"rendered":"https:\/\/dripp.zone\/news\/shib-burn-collapses-88-07-ahead-of-crucial-december-update-details-crypto-news\/"},"modified":"2025-12-08T17:13:10","modified_gmt":"2025-12-08T11:43:10","slug":"shib-burn-collapses-88-07-ahead-of-crucial-december-update-details-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/shib-burn-collapses-88-07-ahead-of-crucial-december-update-details-crypto-news\/","title":{"rendered":"SHIB Burn Collapses 88.07% Ahead of Crucial December Update: Details &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<div class=\"article__contents\">\n<ul class=\"article__contents-list\">\n<li class=\"article__contents-item\"><a rel=\"nofollow\" target=\"_blank\" class=\"article__contents-link link-pseudo\" href=\"#h272464\">Markets await Fed updates<\/a><\/li>\n<li class=\"article__contents-item\"><a rel=\"nofollow\" target=\"_blank\" class=\"article__contents-link link-pseudo\" href=\"#h372464\">Shiba Inu U.S. perpetual style futures to go live<\/a><\/li>\n<\/ul>\n<\/div>\n<p><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/u.today\/will-shiba-inu-shib-lose-81000000000000-threshold\">The Shiba Inu<\/a> burn rate has collapsed 88.07% in the last 24 hours as traders are on hold ahead of a decisive week for financial markets.<\/p>\n<p>According to <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/u.today\/34397753-shib-burned-as-burn-rate-jumps-274-details\">Shibburn<\/a>, a lower amount of SHIB was burned in the past day than the prior, with 4,103,799 SHIB burned compared to 34,397,753 SHIB the day before.<\/p>\n<div class=\"raw-html-embed\">\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">HOURLY SHIB UPDATE<a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24SHIB&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$SHIB<\/a> Price: $0.00000843 (1hr 0.63% \u25b2 | 24hr -0.45% \u25bc )<br \/>Market Cap: $4,963,035,261 (-0.46% \u25bc)<br \/>Total Supply: 589,246,109,943,196<\/p>\n<p>TOKENS BURNT<br \/>Past hour: 1,490 (7 transactions) <br \/>Past 24Hrs: 4,103,799 (-88.07% \u25bc)<br \/>Past 7 Days: 96,746,621 (3.45% \u25b2)<\/p>\n<p>\u2014 Shibburn (@shibburn) <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/shibburn\/status\/1997894045738090677?ref_src=twsrc%5Etfw\">December 8, 2025<\/a><\/p><\/blockquote><\/div>\n<p>This resulted in a drop in the daily <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/shibburn\/status\/1997894045738090677\">burn rate<\/a> by 88.07%. The weekly burn rate reversed into the positive, with 96,746,621 SHIB burned in the last seven days, marking a 3.45% increase.<\/p>\n<p>The recent burn rate has caused a reduction in Shiba Inu&#8217;s total supply, which is now 589,246,109,943,196 SHIB.<\/p>\n<h2 id=\"h272464\">Markets await Fed updates<\/h2>\n<p>The crypto market is slightly higher early Monday, mirroring a rise in Asian equities, ahead of a slew of central bank decisions, including a Federal Reserve meeting where markets have largely priced in a 25-basis-point rate cut.<\/p>\n<p>The <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/u.today\/federal-reserve-crypto-reacts-to-feds-crucial-market-comments\">Federal Reserve<\/a> policy decision is anticipated on Dec. 10, while a Bank of England policy decision is due Dec. 18, and that of the Bank of Japan is expected on Dec. 19.<\/p>\n<p>Markets are expecting that the Fed will cut its key interest rate at its final meeting of the year, with traders pricing in around an 87% chance of a 25-basis-point cut when the central bank concludes its two-day meeting, according to the CME FedWatch tool. \u00a0<\/p>\n<p>At press time, Shiba Inu was trading in green at $0.000008471, up 6% weekly.<\/p>\n<p>Despite crypto market gains, sentiment remains cautious, with the potential for further declines without fresh catalysts and liquidity.<\/p>\n<h2 id=\"h372464\">Shiba Inu U.S. perpetual style futures to go live<\/h2>\n<p>On Dec. 5, 24\/7 trading for all monthly altcoin futures went live on Coinbase Derivatives, allowing round-the-clock access to crypto assets, including <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/u.today\/shiba-inu-december-surprise-announced-by-coinbase-two-key-dates\">Shiba Inu (SHIB)<\/a>.<\/p>\n<p>It does not end there as Coinbase is set to expand support for Shiba Inu on derivatives markets.<\/p>\n<p>U.S. Perpetual Style Futures for Shiba Inu will launch on Dec. 18, taking its trading to the next level.<\/p>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Markets await Fed updates Shiba Inu U.S. perpetual style futures to go live The Shiba Inu burn rate has collapsed 88.07% in the last 24 hours as traders are on hold ahead of a decisive week for financial markets. According to Shibburn, a lower amount of SHIB was burned in the past day than the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":413423,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-413421","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/413421","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=413421"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/413421\/revisions"}],"predecessor-version":[{"id":413424,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/413421\/revisions\/413424"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/413423"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=413421"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=413421"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=413421"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}