The Shiba Inu (SHIB) burn rate surged by over 6500% in the past 24 hours.
Over the past week, the Shiba ecosystem recorded a burn of nearly 1 billion.
While the Shiba Inu (SHIB) army awaits the upcoming launch of Shibarium in August, the past week proved favorable for the memecoin. Around 1 billion SHIB tokens were burned in the last 7 days, as per the Shibburn portal.
In the last 7 days, there have been a total of 915,371,832 $SHIB tokens burned and 139 transactions. #shib
— Shibburn (@shibburn) July 16, 2023
Over the past week, an astounding 915,371,832 SHIB tokens have been burned in 139 transactions. This massive burn rate represents approximately 1 billion SHIB tokens removed from circulation, indicating a strong commitment to reducing the token supply.
Highlights of Shiba Inu (SHIB)
Following the 1 billion SHIB burn, the daily burn rate soared to new heights. In the last 24 hours, a total of 82,001,708 SHIB tokens were burned in just seven transactions, which surged more tha
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