#哪个meme币将让你财富自由？ #币圈观察员

On June 25, the intra-day token consumption rate of the dog-themed memecoin Shiba Inu (SHIB) increased significantly, leading to a surge in trading volume. The blockchain analysis firm attributed this doubling of consumption rate to large transactions of over $100,000 by whale traders, although the SHIB Army continues to bet that the price of $SHIB can reach $0.001.

In addition, the data from Shiba Inu's official token burn tracker, Shibburn, shows that 37.23 million $SHIB tokens have been taken out of circulation, with a burn rate increase of 459%. As of the time of writing, over 410 trillion $SHIB tokens have been removed from circulation. Burning means permanently removing cryptocurrency tokens from circulation to create scarcity and increase demand and market value.

However, the deflationary pressure of $SHIB did not trigger a price increase, as the trading price of $SHIB was 0.00001799 dollars after the token burn. The increased activity of large investors (known as 'whales'), coupled with the simultaneous decline in $SHIB price, indicates that these major players are selling off their assets to make a profit.

This is often seen as a signal that whales believe the current price is a good time to cash out, possibly because they expect future prices to fall or want to realize profits.

Compensation news from Mt. Gox and the overall market downturn have led to recent fluctuations in the Memecoin market

In the past month, Shiba Inu Coin has experienced significant downward pressure, with its value falling by 30%. This downward trend is a result of the overall decline in the cryptocurrency market. On Monday in June, the memecoin sector dropped by 7%, leading to a decline in prices for this category of assets.

Popular meme coins, such as $DOGE, $SHIB, $FLOKI, and $BRETT, have experienced price declines, including lower market cap tokens like $ANDY and $MUMU. Analysts believe that this downturn is sparked by news of Mt. Gox creditor compensation set to begin in July.

During today's trading session, the price of Dogecoin meme coin rose, and green candles filled the entire sector. The largest market cap Dogecoin rose 1.69% in the past 24 hours, with a trading price of $0.1235.

Meanwhile, the second largest meme coin, Shiba Inu, has a trading price of $0.00001733 in terms of market capitalization, up 3.06% intraday.