Shiba

BURN

Doge Killer

Bone ShibaSwap

Shiba Inu

<ul>
 <li><strong>Nearly 13.6 billion Shiba Inu (SHIB) tokens have been burned in the last 24 hours.&nbsp;</strong></li>
 <li><strong>The SHIB team emphasized burning 10 trillion SHIB every month in 2024.</strong></li>
</ul>
<p>Shiba Inu, the second-largest memecoin by market cap, has seen a surge of over 22445% in its 24-hour burn rate. This surge occurs as an aftermath of the SHIB team’s massive burn of 13.4 billion SHIB, worth $466K at current prices, in the last 12 hours.&nbsp;</p>
<div class="wp-block-image">
 <figure class="aligncenter size-full"><img decoding="async" width="451" height="414" src="https://thenewscrypto.com/wp-content/uploads/2024/03/SHIB-burn.jpg" alt="" class="wp-image-93290" srcset="https://thenewscrypto.com/wp-content/uploads/2024/03/SHIB-burn.jpg 451w, https://thenewscrypto.com/wp-content/uploads/2024/03/SHIB-burn-300x275.jpg 300w" sizes="(max-width: 451px) 100vw, 451px">
  <figcaption class="wp-element-caption"><em>Source: </em><a href="https://www.shibburn.com/" target="_blank" rel="noopener noreferrer nofollow"><em>Shibburn</em></a>
  </figcaption>
 </figure>
</div>
<p>On X, Shiba Inu’s lead marketer Lucie <a href="https://twitter.com/LucieSHIB/status/1766391971172487399" target="_blank" rel="noopener noreferrer nofollow">confirmed</a> the burn of the ecosystem’s three tokens — SHIB, BONE, and LEASH — through four large transactions via ShibaSwap in the last 12 hours.&nbsp;</p>
<figure class="wp-block-table">
 <table>
  <tbody>
   <tr>
    <td><strong>TOKEN</strong></td>
    <td><strong>BURN COUNT</strong></td>
   </tr>
   <tr>
    <td>Shiba Inu (SHIB)</td>
    <td>13,46,40,02,390 SHIB (~$466K)</td>
   </tr>
   <tr>
    <td>Bone ShibaSwap (BONE)</td>
    <td>19,551 BONE (~$23.4K)&nbsp;</td>
   </tr>
   <tr>
    <td>Doge Killer (LEASH)&nbsp;</td>
    <td>28 LEASH (~$21.2K)</td>
   </tr>
  </tbody>
 </table>
</figure>
<h3 class="wp-block-heading" id="h-shib-during-the-memecoin-season">SHIB During the Memecoin Season</h3>
<p>Memecoins—both dog-themed and frog-themed—from Ethereum and Solana networks have topped the headlines everywhere in the crypto realm with their incredible rallies. Remarkably, the price of Shiba Inu <a href="https://thenewscrypto.com/shiba-inu-shib-soars-to-two-year-high-amidst-bull-run/" target="_blank" rel="noopener noreferrer nofollow">pumped</a> 274.45% over the past month, bolstering its spot in the top 10 large-cap cryptocurrencies in the world.</p>
<p>As expected, the surge in burn rate did not cause any uptick in the memecoin’s price. At the time of writing, SHIB traded at $0.00003443 after a decrease of 1.43% in the last 24 hours. Currently, there are 589.29 trillion tokens in circulation with a market cap of $20.38 billion, as per CoinMarketCap.<br><br>Meanwhile, the Shiba community anticipates witnessing yet another event — the listing of BONE on Binance. Currently, BONE stands as the third most-voted token on the exchange’s Futures Next voting platform. Lead developer Shytoshi Kusama is up on the move to urge their community to catalyze the process with higher votes.</p>
<p><em><strong>Disclaimer: </strong>This article is for informational purposes only. It is not intended to be, nor should it be construed as, investment advice, financial guidance, or a recommendation to make any specific decisions. Readers are encouraged to conduct their research.</em></p>

Will the Shiba Inu Team Execute a 10T SHIB Burn in March?

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