shibburnAfter the recent burn of over 133 million meme tokens, shiba inuHe shared that the burning rate of ‘ was over 240 percent.
The burning rate of Shiba Inu (SHIB), which closed the last week with Dogecoin with a rise, is increasing. The popular meme token, Shiba Inu, recently burned again.
SHIB Burning Occurred in 18 Transmissions
shibburnAfter a total of more than 133 million Shiba Inu tokens were locked in dead-end wallets, as identified by the source that shared the data SHIB‘s total combustion rate increased by 242.50 percent.
Burning this amount of SHIB and increasing the burning rate could be done in 18 transactions by various companies and individuals who wanted to reduce the circulating supply of SHIB. shibburnAccording to data, 224,139,615 SHIB burns were performed in the last 24 hours.
Previously, game developer for smartphones Travis Johnson Shib SuperStore, the online store operated by Amazon, tweeted in August that it had managed to burn over 14 million SHIBs through an affiliate program with Amazon. The founder of the incineration project believes Amazon is a solid log burner and remains committed to reducing the circulating supply of Shiba Inu.