SHIB Burn Rate Up 10,000% Since Shibarium Testnet Launch

• The amount of SHIB tokens burned has been steadily increasing since the launch of the Shibarium testnet.
• On March 28, more than 800 million SHIB tokens were burned.
• The number of SHIB whales is also on the increase.

This recent token burn occurred over seven consecutive transactions, with 814,901,863 SHIB tokens sent to dead wallets in an attempt to reduce the token supply. On March 27 alone, about 794,858,822 SHIB tokens were burned. 24 hours later more than 800 million tokens were burned.

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