Shiba Inu Burn Rate Jumps 38.873%: What’s Going On?

0

Blaze Token 3,601,495,249 worth $31,621 in a record transaction about three hours ago shiba inu lit. This was also noted as the most important SHIB burning of the year.

Shib Burn also confirmed the transaction.

Blaze TokenFor the fifth time in just four weeks, a massive SHIB burn is noteworthy. The project first started the frenzy by burning 2,005,265,274 tokens on May 2nd. It then removed another 1,695,524,269 SHIB from circulation on May 8. Not satisfied with this, the token increased the Shiba Inu supply to 3,016,000,000 on May 15. SHIB He continued his burning frenzy by reducing it further.

The token caught the attention last week, burning a record 1,238,951,893 SHIB. Thus, 11,557,310,052 burns were completed in five separate transactions in total.

Intense incineration has increased the overall rate of incineration to extraordinary levels. Burn rate jumped 38,873.42% compared to the previous day when 231,886,112 (231.88M) SHIBs were burned in eight separate operations.

You can follow the current price action here.


source site-7