Shiba Inu (SHIB) just torched more than 8.8 million tokens in seven days, per Shibburn — a steady burn that tightens supply and can fuel the next bullish impulse as SHIB wrestles with a lingering downtrend. Burns are core to SHIB’s deflationary design, funded by fees from on-chain activity and aimed squarely at reining in the outsized supply.
Bitcoin Price Forecast: Can BTC Retest $126,000?
BTC/USD traded near 78,900.00 early Wednesday after briefly breaking above 81,000.00 for the first time since May. The price later slipped below 78,000.00 following the release of US inflation data. Bitcoin is still up approximately 24–25% since the beginning of August, with the monthly range extending from 62,232.00 to 81,142.00.