SHIB Burns Soar 208% After Whales Exchanged Trillions of Shiba Inu
The post SHIB Burns Soar 208% After Whales Exchanged Trillions of Shiba Inu appeared on BitcoinEthereumNews.com. Yuri Molchan Shiba Inu burn rate soars, leaving yesterday’s negative reading far behind, while price attempts to go up Cover image via www.freepik.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. The Shiba Inu supply keeps shrinking as the SHIB army continues with persistent token burns. This time, they have even managed to push the burn rate pretty high. In the meantime, a massive Shiba Inu transfer has been spotted, conducted between two anonymous wallets. SHIB burns jump 208%, millions of SHIB get burned According to data published by the Shibburn portal, over the span of the last 24 hours, the SHIB army disposed of 39,833,293 SHIB in total, raising the burn rate by 208.98%. The largest lump of Shiba Inu transferred to a dead-end blockchain address carried 27,448,699 SHIB approximately 10 hours ago. The second biggest one moved 8,583,153 SHIB to an “inferno” wallet, according to the Shibburn website. Image via Shibburn Yesterday, the SHIB burn rate was well below zero, reaching nearly the minus 100% level with merely 4,718,135 meme coins locked in dead-end wallets. Earlier this week, on Monday, the burn rate surged by more than 425%, up thanks to the successful burning of 59,981,448 SHIB. That was the highest jump of this important metric over the past few weeks in which the burn rate could climb 100% or higher. 4.5 trillion Shiba Inu coins on…
The post SHIB Burns Soar 208% After Whales Exchanged Trillions of Shiba Inu appeared on BitcoinEthereumNews.com.
Yuri Molchan Shiba Inu burn rate soars, leaving yesterday’s negative reading far behind, while price attempts to go up Cover image via www.freepik.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. The Shiba Inu supply keeps shrinking as the SHIB army continues with persistent token burns. This time, they have even managed to push the burn rate pretty high. In the meantime, a massive Shiba Inu transfer has been spotted, conducted between two anonymous wallets. SHIB burns jump 208%, millions of SHIB get burned According to data published by the Shibburn portal, over the span of the last 24 hours, the SHIB army disposed of 39,833,293 SHIB in total, raising the burn rate by 208.98%. The largest lump of Shiba Inu transferred to a dead-end blockchain address carried 27,448,699 SHIB approximately 10 hours ago. The second biggest one moved 8,583,153 SHIB to an “inferno” wallet, according to the Shibburn website. Image via Shibburn Yesterday, the SHIB burn rate was well below zero, reaching nearly the minus 100% level with merely 4,718,135 meme coins locked in dead-end wallets. Earlier this week, on Monday, the burn rate surged by more than 425%, up thanks to the successful burning of 59,981,448 SHIB. That was the highest jump of this important metric over the past few weeks in which the burn rate could climb 100% or higher. 4.5 trillion Shiba Inu coins on…
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