Shiba Inu Burn Rate Skyrockets 39,000% After Mysterious Wallet Burns 1.69 Billion $SHIB
Popular Shiba Inu ($SHIB) burn tracking portal Shibburn is reporting that a mysterious whale in the meme-inspired cryptocurrency’s ecosystem has, in a single transaction, removed a staggering 1.69 billion SHIB tokens from circulation, resulting in a monumental 38,986.28% increase in the Shiba Inu coin’s burn rate over the past 24 hours.
The burn rate increase comes after the previous day’s transactions burned a total of 1.34 million SHIB tokens. This recent transaction marks the third-largest burn event of the week.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
10 signs you’ve been in the crypto industry too long
Meta reportedly cut metaverse budget by 20% as Q2 earnings call looms
Arkham：WBIT在134个钱包中持有8900枚BTC
ผู้โจมตีกระเป๋าเงิน Fantom โอน 300 ETH ไปยัง Tornado Cash
Trending news
MoreCrypto prices
More
