The Shiba Inu (SHIB) ecosystem is getting lively again, with two updates scheduled for the coming days. Here’s why token burn rates exploded 2,000%…
Numbers peak as SHIB news draws near
The SHIB community is multiplying token burning events as the new game’s release date approaches. Shiba Eternity’s “download day” will begin within the next week. Therefore, the community has already increased the SHIB burning rate by 1,900%. This move resulted in a violent explosion of the token burn rate.
The number of SHIB burns has increased significantly. Burn rate increased by about 2,000%. So who burned all these SHIB tokens?
Who burns SHIB?
Watching the burning tokens, Shibburn revealed that a record number of Shiba Inu were sent to dead wallets during the previous day, causing the burning rate to increase. According to data on Shibburn’s website, the burn rate has increased by a dramatic 1,867.60 percent in the last 24 hours compared to the same period the previous year. This time, a total of 268,160,328 SHIBs are permanently locked in non-spendable wallets. Also, Shibburn burned the largest part of SHIB. The platform transferred 257,495,644 meme tokens to a “dead” wallet.
Shiba Eternity’s ‘download day’ will be delayed
On Friday, Shiba Eternity’s official “Download Day” has moved from October 1st to October 6th. Instead, according to the game’s lead developer, Shytoshi Kusama, we’ll know the details and plans for this SHIB-branded card game for smartphones on October 1. Earlier we learned that 5% of game revenue will go to Shiba INu burns. The game began testing in Vietnam in August. Then it quickly gained popularity on a global scale. The first launch on iOS took place in Australia. Shiba Eternity later became available for Android devices as well.
What you need to know about the Shiba Eternity
In the latest Shiba Inu news, the new date for the Shiba Eternity release has arrived. The Shiba Inu team announced a new October 6 release date on Twitter. Gaming is seen as a vital part of the Shiba Inu ecosystem. In addition to being the leading Blockchain-based card collectibles game, Shiba Eternity will play a key role in SHIB burning by donating 5% of its proceeds to the SHIB burn, which has recently suffered from a low burn rate.
However, on October 1, the original planned release date of Shiba Eternity, the Shiba Inu team will announce the winners of the 30-second spot contest, and Shiba Inu team lead developer Shytoshi Kusama will reveal the knowledge of Shiba Eternity.
The official Shiba Eternity worldwide Download Day has been scheduled for October 6th, 2022.
This will allow us to accomplish the following:
📽 Announce the 30 Second Spot Winner on October 1st, 2022.
📖 Release the entire lore of Shiba Eternity on October 1st, 2022.🧵1/3 pic.twitter.com/NPtEfhDhln
— Shib (@Shibtoken) September 30, 2022
cryptocoin.com We have discussed the latest developments from the game in this article. As the date approaches, the Shiba Inu price continues to trade around $0.00001116.
