SHIB Burning Extremely Different Since the Start of Fall
According to crypto analytics portal CryptEye, the SHIB burn rate has slowed since the beginning of fall compared to the summer season. So while about 12 billion SHIBs were burned in the three months of the summer, averaging four billion tokens burned per month, only 2.36 billion SHIB were sent to "dead" addresses in the past month and a half.
All in all, the overall picture of SHIB burning is slowly transforming. So far, 41.038% of the Shiba Inu offering has been burned — equivalent to 410.38 trillion tokens. There is still 58,96% of Shiba Inu's circulating supply, which at the current price of $0,0000103 brings the capitalization of the project to $5.68 billion.It seems that as the price of the cryptocurrency decreases, more can be burned for less, but it had no effect nonetheless.
Source
@Doge_ShibaInu
