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Worst Case Scenario for XRP Played Out, Binance CEO Confirms Commitment to Three Crucial Principles, Another Billion SHIB Suddenly Get Burned: Crypto News Digest
In a shocking turn of events, another billion Shiba Inu tokens (SHIB) have been burned in the market, sending ripples throughout the cryptocurrency community. This comes as a response to the recent surge in SHIB prices and raises concerns about the sustainability of the token’s growth.
According to sources, this significant burn transaction has caused the total SHIB burn rate to skyrocket to an astonishing 57,069%. The marketing lead behind ShibaSwap DEX revealed that the same address had burned 700 BONE and LEASH tokens after unstaking them from the exchange.
Meanwhile, a crucial update has emerged regarding XRP. In a recent statement, Binance CEO Richard Teng reaffirmed his commitment to three fundamental principles: transparency, accountability, and reliability. This decision is seen as a relief by many, given the recent tumultuous market conditions.
As the crypto space continues to evolve, it’s essential for major players like Binance to maintain their commitment to these core values.
Source: https://u.today/worst-case-scenario-for-xrp-played-out-binance-ceo-confirms-commitment-to-three-crucial-principles
