Prominent blockchain tracker Shibburn has reported a significant increase in the burning of meme cryptocurrency SHIB, with millions of coins being taken out of circulation. Despite this, the price of SHIB has remained relatively stable, hovering around $0.00001571. The burn rate of SHIB has increased by 389% in the past 24 hours, with a total of 16,479,283 coins burned. Over the past seven days, 61,082,353 SHIB has been burned, although the burn rate has dropped by 94.82%. The SHIB team plans to introduce decentralized autonomous organizations (DAOs) into the ecosystem, enabling the community to propose and vote on important decisions. These DAOs will be named after the main tokens in the ecosystem: SHIB, BONE, LEASH, and TREAT. Voting will be open to all users, and their voting power can be increased by earning Karma Points through contributions.



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