Shiba Inu It has recorded ‘parabolic’ growth by recording a very good burn rate in the last 24 hours. Shibburn data reveals that a total of 173,118,154 SHIB tokens were sent to dead wallets, which represents an increase of 12,840% in the last 24 hours.
This figure, which is close to current figures, has reached 410,644,708,853,803 SHIB and meme coinThe remaining circulating supply of is determined as 580,009,691,941,353 SHIB.
There are two wallets that contributed the most to the current Shiba Inu token burn, and they burned 100 million and 70 million SHIB respectively.
As trading volume also continues to trend upward, the high burn rate metric could encourage new capital inflows. The price increased by 3.73% in the last 24 hours to $0.000008386.
As we reported as Koinfinans.com, Shiba Inu’s deflationary pressure ShibariumAlthough it predates , the Layer-2 scaling solution continues to contribute.
While Shibarium’s contributions are huge at the moment, the core development team still plans to launch the burning portal for the protocol and establish a more defined channel for sending tokens to non-functional wallets.
A campaign on how to properly burn the Shiba Inu token is underway, and this growth can be considered the dividend of wider community education.