Shiba

Token

Burn

Shiba Inu

Shiba Inu (SHIB) token burn has witnessed an impressive increase of over 400% in the last 24 hours.
<h2 id="shiba-inu-shib-token-burn-increased-over-400">Shiba Inu (SHIB) Token Burn Increased Over 400%</h2>
According to Shibburn, one of the leading followers of SHIB token burns, a total of 5,316,694 SHIB tokens were burned in six transactions in the last 24 hours.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 In the past 24 hours, there have been a total of 5,316,694 <a href="https://twitter.com/search?q=%24SHIB&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SHIB</a> tokens burned and 6 transactions. Visit <a href="https://t.co/t0eRMnyZel" rel="noopener noreferrer nofollow">https://t.co/t0eRMnyZel</a> to view the overall total of <a href="https://twitter.com/hashtag/SHIB?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#SHIB</a> tokens burned, circulating supply, and more. <a href="https://t.co/rMUNSzCxZh" rel="noopener noreferrer nofollow">pic.twitter.com/rMUNSzCxZh</a>
 — Shibburn (@shibburn) <a href="https://twitter.com/shibburn/status/1737699686427828369?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">December 21, 2023</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
This significant increase increased the burn rate to a remarkable level of 421.41%. As of the last update, the current price of Shiba Inu stands at $0.00001033, marking an increase of 1.12% in the last 24 hours.
This increase in token burn rate indicates increased activity within the Shiba Inu community as holders actively participate in reducing the circulating supply of SHIB tokens.
Related News: <a href="https://en.bitcoinsistemi.com/shiba-inu-shib-developers-introduce-the-next-big-thing-lead-developer-shytoshi-kusama-makes-a-statement/" target="_blank" rel="noopener noreferrer nofollow">Shiba Inu (SHIB) Developers Introduce the Next Big Thing: Lead Developer Shytoshi Kusama Makes a Statement</a>
The burn mechanism, designed to contribute to token scarcity, has become an important factor affecting the price dynamics of Shiba Inu.
In another positive development, Lucie, the official marketing expert of the Shiba Inu team, announced that the total number of transactions of the layer-2 network Shibarium has exceeded 150 million.
This success underlines the increasing adoption and use of Shiba Inu's technological infrastructure.
*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/record-token-burn-occurred-in-the-popular-memecoin/" rel="noopener noreferrer nofollow">Record Token Burn occurred in the Popular Memecoin!</a>

Record Token Burn occurred in the Popular Memecoin!

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