COINOTAG recommends • Exchange signup |
💹 Trade with pro tools |
Fast execution, robust charts, clean risk controls. |
👉 Open account → |
COINOTAG recommends • Exchange signup |
🚀 Smooth orders, clear control |
Advanced order types and market depth in one view. |
👉 Create account → |
COINOTAG recommends • Exchange signup |
📈 Clarity in volatile markets |
Plan entries & exits, manage positions with discipline. |
👉 Sign up → |
COINOTAG recommends • Exchange signup |
⚡ Speed, depth, reliability |
Execute confidently when timing matters. |
👉 Open account → |
COINOTAG recommends • Exchange signup |
🧭 A focused workflow for traders |
Alerts, watchlists, and a repeatable process. |
👉 Get started → |
COINOTAG recommends • Exchange signup |
✅ Data‑driven decisions |
Focus on process—not noise. |
👉 Sign up → |
- On December 22, 2023, SHIB witnessed another significant burning transaction recorded through Shibarium. During this transaction, 8.4 billion SHIB tokens were burned.
- According to the latest SHIB burning transaction, it was observed that 8.47 billion tokens were transferred from an unknown wallet (0xc7d..) to a dead wallet.
- As previously reported by COINOTAG, 8.53 billion SHIB tokens were burned through Shibarium, valued at approximately $90,000.
Shiba Inu (SHIB) is once again drawing attention with a recent price surge: The team’s increased token burns have excited the community!
Shiba Inu Team Executes Token Burn

Shiba Inu (SHIB) has recently experienced a price rally attributed to significant token burns. On December 22, 2023, SHIB encountered another important burning transaction recorded through Shibarium. During this transaction, 8.4 billion SHIB tokens were burned, marking the fourth burning event conducted through Shibarium. The Shiba Inu price rally is expected to receive a push due to the latest update.
In the latest SHIB burning transaction, it was identified that 8.47 billion tokens were transferred from an unknown wallet (0xc7d..) to a dead wallet. However, considering the significant recent burns in the past few days, the SHIB burning rate had decreased by 1.12%. The latest burning event signifies the fourth occasion where Shibarium conducted a burning event with the aim of reducing the circulating supply of SHIB, utilizing a significant portion of Shibarium’s transaction fees.
COINOTAG recommends • Professional traders group |
💎 Join a professional trading community |
Work with senior traders, research‑backed setups, and risk‑first frameworks. |
👉 Join the group → |
COINOTAG recommends • Professional traders group |
📊 Transparent performance, real process |
Spot strategies with documented months of triple‑digit runs during strong trends; futures plans use defined R:R and sizing. |
👉 Get access → |
COINOTAG recommends • Professional traders group |
🧭 Research → Plan → Execute |
Daily levels, watchlists, and post‑trade reviews to build consistency. |
👉 Join now → |
COINOTAG recommends • Professional traders group |
🛡️ Risk comes first |
Sizing methods, invalidation rules, and R‑multiples baked into every plan. |
👉 Start today → |
COINOTAG recommends • Professional traders group |
🧠 Learn the “why” behind each trade |
Live breakdowns, playbooks, and framework‑first education. |
👉 Join the group → |
COINOTAG recommends • Professional traders group |
🚀 Insider • APEX • INNER CIRCLE |
Choose the depth you need—tools, coaching, and member rooms. |
👉 Explore tiers → |
As reported by COINOTAG earlier, 8.53 billion SHIB tokens were burned through Shibarium, valued at approximately $90,000. This burn increased the SHIB burning rate to 161,540.53%. The expected increase in the burning rate is anticipated to provide further momentum to the Shiba Inu price rally.
Additionally, similar burns were noticed on December 4 and December 16, where 8.24 billion and 8.61 billion tokens were burned, respectively. In just 19 days, the total of Shibarium-backed SHIB burns remarkably reached 33.85 billion tokens. As of now, a total of 410.69 trillion SHIB tokens have been burned.
COINOTAG recommends • Exchange signup |
📈 Clear interface, precise orders |
Sharp entries & exits with actionable alerts. |
👉 Create free account → |
COINOTAG recommends • Exchange signup |
🧠 Smarter tools. Better decisions. |
Depth analytics and risk features in one view. |
👉 Sign up → |
COINOTAG recommends • Exchange signup |
🎯 Take control of entries & exits |
Set alerts, define stops, execute consistently. |
👉 Open account → |
COINOTAG recommends • Exchange signup |
🛠️ From idea to execution |
Turn setups into plans with practical order types. |
👉 Join now → |
COINOTAG recommends • Exchange signup |
📋 Trade your plan |
Watchlists and routing that support focus. |
👉 Get started → |
COINOTAG recommends • Exchange signup |
📊 Precision without the noise |
Data‑first workflows for active traders. |
👉 Sign up → |
The recent increase in SHIB burns coincides with other developments on Shibarium. The platform experienced a surge in transactions, reaching the 7 million mark for daily transactions. Moreover, total transactions reached 168.48 million.
Shiba Inu Price Gains
As of now, the SHIB price has been recorded at $0.0000108, marking a 2.64% increase on December 23, Saturday. Additionally, Shiba Inu’s market cap increased by 2.65%, reaching $6.3 billion. Furthermore, the 24-hour trading volume for the dog-themed crypto increased by 30.42%, reaching $254.55 million.
COINOTAG recommends • Traders club |
⚡ Futures with discipline |
Defined R:R, pre‑set invalidation, execution checklists. |
👉 Join the club → |
COINOTAG recommends • Traders club |
🎯 Spot strategies that compound |
Momentum & accumulation frameworks managed with clear risk. |
👉 Get access → |
COINOTAG recommends • Traders club |
🏛️ APEX tier for serious traders |
Deep dives, analyst Q&A, and accountability sprints. |
👉 Explore APEX → |
COINOTAG recommends • Traders club |
📈 Real‑time market structure |
Key levels, liquidity zones, and actionable context. |
👉 Join now → |
COINOTAG recommends • Traders club |
🔔 Smart alerts, not noise |
Context‑rich notifications tied to plans and risk—never hype. |
👉 Get access → |
COINOTAG recommends • Traders club |
🤝 Peer review & coaching |
Hands‑on feedback that sharpens execution and risk control. |
👉 Join the club → |
In the last seven days, SHIB gained approximately 9% in value during several volatile sessions. Meanwhile, the one-month gain for the Doge-killer surpassed 31%, supported by the recent significant SHIB burns conducted through Shibarium.
COINOTAG recommends • Members‑only research |
📌 Curated setups, clearly explained |
Entry, invalidation, targets, and R:R defined before execution. |
👉 Get access → |
COINOTAG recommends • Members‑only research |
🧠 Data‑led decision making |
Technical + flow + context synthesized into actionable plans. |
👉 Join now → |
COINOTAG recommends • Members‑only research |
🧱 Consistency over hype |
Repeatable rules, realistic expectations, and a calmer mindset. |
👉 Get access → |
COINOTAG recommends • Members‑only research |
🕒 Patience is an edge |
Wait for confirmation and manage risk with checklists. |
👉 Join now → |
COINOTAG recommends • Members‑only research |
💼 Professional mentorship |
Guidance from seasoned traders and structured feedback loops. |
👉 Get access → |
COINOTAG recommends • Members‑only research |
🧮 Track • Review • Improve |
Documented PnL tracking and post‑mortems to accelerate learning. |
👉 Join now → |