13.198% Jumped: Massive Increase in Meme Coin Burn Rate!

According to the Shibburn website that tracks meme coin burns, in the last 24 hours shiba inu There was a large increase in the burn rate. Several hundred million SHIBs were sent to unused SHIB wallets. Meanwhile, the popular meme coin has reached several important milestones.

SHIB burn rate skyrocketed by more than 13,000 percent

The aforementioned crypto monitoring platform shows that the SHIB community has burned 302,506,518 meme coins in the past 24 hours. This allowed the burn rate to increase by a staggering 13,198 percent. This amount of SHIB burned in a day exceeds most of the total daily SHIB burned so far this fall and winter. Overall, the daily and thus weekly amounts of Shiba Inu coins burned in the last four months have dropped drastically.

However, as we reported earlier, this year the determined SHIB army burned nearly 83 billion meme coins. However, this only accounts for 0.014 percent of the total circulating Shiba Inu token supply.

There was a big increase in the burning of meme coin SHIB

How about the whales?

Ethereum, Binance Smart Chain, Polygon etc. As reported by WhaleStats, which analyzes data from various networks including

First of all, SHIB has so far managed to be on the top ten list of assets held by the top 100 wallets on these networks. Subsequently, this meme coin also appeared on the list of top ten coins with the highest trading volume, becoming one of the ten most purchased crypto assets. At press time, the largest hundred whales on the Ethereum network hold $44,978,649 worth of meme coins, representing 2.03 percent of the portfolio they have created.

You can follow the current price action here.

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