When SHIBs Burn and XRPs Fly: The Weekend’s Crypto Circus 🎪🔥

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Let’s dive into the whimsical world of crypto, where the weekend brought us tales of burning SHIBs, flying XRPs, and a sprinkle of Bitcoin magic. 🌟

410,749,550,095,727 SHIBs Go Up in Flames, Leaving a Trail of Ash and Memories

In a world where tokens are as fleeting as the morning dew, the Shiba Inu community has been busy lighting a bonfire of the vanities. According to the mystical scribes at Shibburn, 410,749,550,095,727 SHIBs have been sent to the great beyond, reducing the total supply to a mere 589,249,930,585,913. That’s more than 41% of the original tokens, gone like the wind. 🌬️

Back in May 2021, Ethereum‘s own wizard, Vitalik Buterin, conjured a spell that burned 410 trillion SHIB tokens, a gesture that accounted for 90% of his Shiba Inu stash. As the latest incantation from Shibburn’s X account reveals, the burn rate has dipped by almost 100% over the past 24 hours, with only 2,145,113 SHIBs meeting their fiery end. Over the last seven days, 1,173,881,855 SHIBs have been sacrificed, a 1,099.51% surge in the weekly ritual. 🔥🔥🔥

XRP‘s One-Hour Liquidation Frenzy: A Tale of Shorts and Longs

On a fateful Saturday, June 14, the XRP futures market turned into a rollercoaster of emotions. As XRP’s price climbed from $2.12 to $2.18, the market saw a liquidation imbalance that would make even the most seasoned trader blink. CoinGlass data shows that in just one hour, short traders lost $151,020, while long traders only shed $8,060. It seems the market gods were in a playful mood, catching many off guard. 🎲

At the time of writing, XRP is trading at $2.28, a 5.13% rise over the past 24 hours. The trading volume has surged by 30% to $3.04 billion, a clear sign that the market is heating up. If the momentum continues, XRP might just break through the $2.30 resistance level, much to the delight of its followers. 🚀

Michael Saylor’s Bitcoin Prophecy: A Million-Dollar Dream

In a recent X post, Michael Saylor, the self-proclaimed Bitcoin oracle, shared a vision that would make even the most skeptical believer pause. “If it’s not going to zero, it’s going to a million,” he declared, referring to the price of Bitcoin. This bold prediction came on the heels of a 4.33% crash on Friday, but Bitcoin quickly recovered, gaining 2.35% to settle at $103,660. 🌠

The Bitcoin community, never one to shy away from a good debate, responded with a range of predictions. Adam Livingston, author of “The Bitcoin Age,” foresees a future where Bitcoin reaches $13 million by 2045. Meanwhile, Bitcoin is currently trading at $107,461, up 1.72% according to CoinMarketCap. Whether Saylor’s prophecy comes true remains to be seen, but for now, the dream lives on. 🌈

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2025-06-16 20:21