453M Shiba Inu Tokens Sent To Dead Wallet: Burn Rate Over 1,000%
Shiba Inu was under the spotlight following the launch of the Shibarium public beta version. After a year of waiting by the SHIB army, the lead developer of the network, Shytoshi Kusama, finally announced the introduction of testnet PuppyNet earlier this week. Following this, the burn rate of the asset spiked. The streak persisted as nearly half a million SHIB were sent to a dead wallet.
Shibburn has revealed that a total of 452,950,434 SHIB tokens have been burned since yesterday. This outcome was achieved in just three trades. Additionally, the burn rate of the network surged by 1322.79% over the last 24 hours.
The Shiba Inu community anticipates that when Shibarium rolls out, the burn rate will increase significantly and that trillions of meme coins will be removed from circulation. Around half of the initial quadrillion supply has already been erased.
Read More: https://watcher.guru/news/453m-shiba-inu-tokens-sent-to-dead-wallet-burn-rate-over-1000
453M Shiba Inu Tokens Sent To Dead Wallet: Burn Rate Over 1,000%
Shiba Inu was under the spotlight following the launch of the Shibarium public beta version. After a year of waiting by the SHIB army, the lead developer of the network, Shytoshi Kusama, finally announced the introduction of testnet PuppyNet earlier this week. Following this, the burn rate of the asset spiked. The streak persisted as nearly half a million SHIB were sent to a dead wallet.
Shibburn has revealed that a total of 452,950,434 SHIB tokens have been burned since yesterday. This outcome was achieved in just three trades...
