burning

🔹 Binance has burned roughly 81.18 billion LUNC to date (as of latest data Jan 14, 2026).
This figure is tracked by the LUNC Metrics burn tracker and reflects all tokens Binance has sent to official burn addresses from collected trading fees and related mechanisms.
📉 Proportion of Total Burn
🔹 Binance’s burns account for about ~18.6% of the total LUNC burned so far. �
💡 This means most LUNC burns come from other sources (on-chain tax burns, community initiatives, validators) rather than Binance alone.
🔍 Key Insights
• Binance burns are ongoing and monthly—they convert trading fees from LUNC spot and margin trades into LUNC and send them to the official burn address. �
• The overall impact on circulating supply is modest relative to the huge total supply (still trillions of tokens), but every reduction helps slightly reduce inflation. �
luncmetrics.com
coincodex.com
If you want, I can also break down how Binance’s burn-to-supply ratio has changed over time or show how these burns correlate with LUNC price movements.
$LUNC #burning #HoldForHugeProfits

SHIB is Rising, But Can It Break Key Resistance Levels?
Over the past week, the burn rate of Shiba Inu (SHIB) has skyrocketed by 3,829.51%, sparking speculation about a potential price increase driven by a decreasing supply.
At the time of writing, SHIB was trading at $0.00001529, reflecting a 5.88% increase in the past 24 hours. The meme coin’s market capitalization surpassed $9.18 billion, strengthening its position in the market.
However, despite this impressive burn rate, the main question remains: Can SHIB sustain this momentum and break through key resistance levels?
Does a High Burn Rate Guarantee Price Growth?
While token burning reduces overall supply, price growth can only be achieved if there is strong buying pressure. A previous 612% increase in the burn rate had minimal impact on SHIB's price due to low market demand.
SHIB’s price movement is influenced not just by burning but also by overall market sentiment, trading volume, and accumulation by large investors (whales).
Without rising demand, even a massive token burn may not translate into sustained price growth.
How Many SHIB Holders Are in Profit?
Currently, 40.42% of SHIB holders are in profit, while 55.09% remain at a loss, indicating that they bought at higher prices.
This imbalance could create selling pressure, as investors might exit at break-even points, preventing further growth.
However, if SHIB surpasses the $0.000016 resistance level, it could trigger renewed bullish sentiment and further accumulation.

Technical Analysis: Where Will SHIB Move Next?
The daily chart shows a descending wedge pattern, which often precedes a breakout.
Currently, SHIB is struggling with resistance at $0.00001686 – if it successfully breaks this level, the next major resistance is at $0.00002011, potentially paving the way for a stronger rally.
Conversely, if SHIB loses support at $0.00001290, a deeper decline could erase recent gains.

Declining New Addresses Despite Price Increase?
On-chain data reveals that the number of new SHIB addresses dropped by 18.83%, signaling weakened retail participation.
Additionally, active addresses decreased by 16.76%, indicating fewer transactions despite the price increase.
On the other hand, whale activity has surged, with transactions over $100,000 increasing by 611.69%, suggesting growing institutional interest. If retail traders return, SHIB could gain further momentum and reinforce its uptrend.

Conclusion: Can SHIB Maintain Its Rally?
While a high burn rate supports price stability, actual growth depends on demand and buying pressure. Breaking through the critical $0.00001686 resistance level is essential for SHIB to sustain its upward trajectory.
If demand remains weak, SHIB may enter a consolidation phase or even retrace. Therefore, despite the significant burn event, long-term price growth will only occur if trading volume and market interest increase simultaneously. 🚀

#SHIB , #memecoin🚀🚀🚀 , #Shibarium , #CryptoAnalysis , #burning

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