SHIB Burn Rate Soars 395% as 155 Million Tokens Got Removed Last Week
The sum of Shiba Inu that was burned during the last week has dropped substantially, and it was low on a daily basis during that period, too. Still, today, the burn rate has shown a significant rise, according to Shibburn tracker. In the meantime, over the weekend, whales have bought a hefty lump of SHIB.
Shibburn platform, which traces SHIB burn transactions and removes meme tokens to dead-end wallets, has shared via its Twitter handle that over the past seven days, the amount of burned coins has dropped massively compared to the one before that. This time, Shibburn counted—thanks to the joint efforts of the SHIB army—a total of 108,611,459 meme coins sent to unspendable wallets.
Source
@Doge_ShibaInu
