SHIB Burn Rate Skyrockets 300% as 327 Million Tokens Destroyed
The Shiba Inu (SHIB) community has successfully burned over 327 million SHIB tokens this week, marking a significant 300% increase in the burn rate, according to blockchain tracker Shibburn. This aggressive token burn reflects the ongoing commitment by the SHIB army and developers to reduce the overall supply of the meme coin. Whale Burn Drives […]
Shiba Inu Burn Activity Spikes: Is a Price Rally Coming?
The Shiba Inu community witnessed a significant development after a massive 16,682,282 SHIB tokens were sent to a dead wallet and permanently burned. Shibburn, the dedicated SHIB burn tracker, confirmed the burn in a recent tweet: “16,682,282 SHIB transferred to dead wallet.” Although the identity of the sender remains unconfirmed, past burns typically originate from […]
Shiba Inu Burn Rate Plummets Despite Price Surge
Shiba Inu has once again entered the spotlight, aligning with the broader cryptocurrency market rally. However, its burn rate tells a different story. According to the latest data from Shibburn, SHIB’s burn rate plunged by a staggering 98.79% in the past 24 hours. Only 857,632 SHIB tokens were burned during this period, marking one of […]
Shiba Inu Whales Burn Millions, Pushing Burn Rate to Record High
Shibburn, a well-known blockchain tracker, reported a massive increase in the Shiba Inu (SHIB) burn rate over the past 24 hours. The burn rate skyrocketed by 12,278.89%, with a total of 115,890,322 SHIB removed from circulation. This substantial rise resulted from several large transactions that transferred SHIB tokens to dead wallets, permanently eliminating them from […]
Shiba Inu Burn Rate Soars as 1 Billion SHIB Goes Up in Flames
A Shiba Inu investor burned another 1 billion SHIB today, pushing their total monthly burns to 3 billion tokens. Earlier this week, the same wallet incinerated 1 billion SHIB, further reducing the circulating supply. Shibburn, the community-driven burn tracker, recorded the transaction at 01:32 a.m. (UTC). The wallet, identified as ‘0x55B…182E3,’ moved 1 billion SHIB […]
Shiba Inu Burn Soars 8,099% as Whale Destroys 1 Billion SHIB
The SHIB community witnessed a remarkable event when a single transaction burned 1.002 billion Shiba Inu tokens. This massive burn, which sent the tokens to a dead wallet, caused the SHIB burn rate to soar by 8,099% on Monday. The unexpected transaction led to intense discussions on X, as community members speculated about the identity […]
Shiba Inu Burn Rate Surges 27,660% as 503M SHIB Vanish
The SHIB community witnessed an extraordinary spike in its burn rate, soaring 27,660% after 503,305,764 SHIB tokens were permanently removed from circulation. According to blockchain tracking service Shibburn, this significant reduction took place over the past day, drastically cutting the available supply of the meme coin. Single Transaction Destroys Majority of Tokens Shibburn reported that […]
Shiba Inu Burns 20.6M Tokens as Burn Rate Soars 1,028%
The Shiba Inu community has significantly reduced SHIB’s circulating supply. According to data from Shibburn, a popular tracking platform, the community burned 20,633,494 SHIB in the past day. This process required five transactions, with the largest one removing 19,443,692 SHIB permanently. These tokens were sent to an unspendable wallet, ensuring they can never re-enter circulation. […]
Shiba Inu Burn Rate Sees Dip: What’s Next for SHIB?
Shiba Inu (SHIB), a popular dog-themed cryptocurrency, recently saw a significant rise in its burn rate, a process designed to lower the total supply and potentially boost long-term value. However, after a sharp increase, the burn rate has slowed, settling at 1.97% in the past 24 hours. Shibburn X reports that 15,050,787 SHIB tokens were […]
Shiba Inu Sees 1,190% Burn Surge as Large Transactions Increase
Shibburn, a public blockchain tracker, reported a sharp rise in Shiba Inu (SHIB) token burns over the past 24 hours. The SHIB community actively transferred large amounts of the meme coin to unspendable blockchain wallets, pushing the burn rate up by 1,190%. Despite this, SHIB’s price has dropped by more than 3% since Sunday. Tens […]