After negative burn rate, shiba inu community has managed to raise this benchmark to a high level again. During this time, close to 80 million SHIB meme coins were taken out of circulation. SHIB price has shown a small increase in the last 24 hours.
At the time of writing, SHIB is trading at $0.00000767. Recently, this Shiba Inu crypto- at position 19 on the data platform. He continues to stay here now.
Burn Rate Increased by 546%
In a new tweet posted by the Shibburn crypto tracking service according toa total of 78,248,958 to dead wallets since yesterday morning meme coin After being sent, the burn rate of Shiba Inu coins increased by 546.18%. The largest single cache moved to a “burn” wallet totaled 59,972,026 SHIB, more than half of the total amount of SHIB mentioned above.
As for the weekly burns, in the past week the SHIB army destroyed 233,385.451 meme coins. That number seems impressive, if not for the fact that this stash is 78.87% less than what was burned a week ago.
HOURLY SHIB UPDATE$SHIB Price: $0.00000776 (1hr 0.22% ▲ | 24hr 1.32% ▲ )
Market Cap: $4,579,871,751 (1.35% ▲)
Total Supply: 589,349,600,558,222TOKENS BURNT
Past 24Hrs: 78,248,958 (546.18% ▲)
Past 7 Days: 233,385.451 (-78.87% ▼)NEWS CONTINUES BELOW— Shibburn (@shibburn) July 4, 2023
Shibarium Reaches A New Milestone
Shibarium is a Layer 2 blockchain for the Shiba Inu, whose testnet was launched on March 11 under the name Puppynet. Since then, it has reached new milestones in various metrics rather quickly. It’s starting to hit all-time highs.
In the past three days, the total number of transactions has increased by another million, reaching a new high. At the time of this writing, this metric shows 26.654.133. According to Puppyscan, the number of wallets connected to Puppynet is 17,048,808, while the amount of blocks mined is 1,548,369, with an average block time of five seconds.
Number of New SHIB Wallets Reaches New Peak
The number of new Shiba Inu wallets rose from just 877 on May 21 to over 4,000 at the end of June. This marks a strong end of the second quarter for the number of new SHIB wallets. In addition, Swiss crypto wallet manufacturer Tangem, which has recently partnered with SHIB, announced that it has sent the first shipment of 5,000 cold SHIB wallets to Hong Kong. In line with the expectations, the company will start delivering the pre-ordered wallets to buyers on July 24.