The burn rate of the SHIB meme cryptocurrency has reached a new high, with over 2.65 million SHIB coins transferred to unspendable wallets in the past day. Despite the spike in burn rate, the price of SHIB declined by 3%. The SHIB community and developers have burned a total of over 410 trillion coins, which is almost half of the original supply. Additionally, the layer-2 blockchain Shibarium has seen significant growth in daily transactions and the number of accounts.
- Content Editor ( u.today )
- 2024-10-25
SHIB Burns Skyrocket 65,529%, Here's How Much SHIB Set on Fire