SHIB Burn Rate Jumps 1,600%, Here's What Achievement Is Behind This

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SHIB Burn Rate Jumps 1,600%, Here's What Achievement Is Behind This
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.SHIBburn rate rises 1,600% as the affect of this recent milestone persists. tokenburn $SHIB

over the past 24 hours - although the amount of SHIB removed from circulation is still far below those seen in the summer.According to data shared by Shibburn Twitter handle, since yesterday morning, the growth of rate at which Shib tokens have been burned has grown by a whopping 1,594%, while slightly under 50 million meme coins were shifted to dead-end wallets.On Thursday, the chunk of burned SHIB contained 9x fewer SHIB – 5,712,508 tokens.

Today, Shiba Inu is still ahead of Tron's native token, but Solana has managed to win its place back in front of SHIB. Along with that, the interest of Ethereum whales on SHIB, according to figures published by WhaleStats wallet tracking service, has decreased further. On Thursday, the wallets of the 100 biggest investors on Ethereum contained $82,854,494 worth of Shiba Inu. Today, this amount has lost another $1 million in SHIB and now makes up $81,476,678.

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