What About Shiba Inu Burns: Is It Expected Before Shibarium?

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According to Shibburn’s data, shiba inu The community has totaled 1,653,845,435 SHIB meme coins over the past month. lit.

burned last month SHIB Although the amount seems more or less significant, daily burns are still descending and quite turbulent. Data often falls well below zero or continues to decline.

On June 30, when 50,258,924 SHIBs were burned, the rate at which the Shiba Inu was burned increased by 1,800%. However, only a few daily increases in burns were recorded this week.

In June, lead developer Shytoshi Kusama, SHIB more meme coin He sent a few cryptic tweets to encourage the burning. These were his tweets about “Something physical is coming” and “SHIB is going somewhere”.

The first is a team that transfers existence to the “physical world” as SHIB forms a new partnership with Shibcals and produces SHIB-themed clothing, merchandise, items, and other things that can actually be touched rather than just seen on a computer/smartphone screen.

The second tweet and Shytoshi’s “shibarium Tech” stated that the Shiba Inu is “going somewhere”. Kusama would later state that this “a place” was “outside the United States”.

Some have been speculating that the SHIB team may soon be traveling to Canada to attend the ETHToronto conference. This will be a tribute to Vitalik Buterin (Shiba Inu was originally launched on the Ethereum chain) and perhaps the launch of the Tier-2 solution Shibarium will also take place in Canada.

Shytoshi Kusama had explained on Telegram that he “can’t change the date or plan”, “everything is already set”, “it’s called a launch strategy”. Shibarium’s testnet was launched on March 11 and has since reached several key utility milestones. According to Puppyscan, there are currently 17,019,690 linked wallets and a total of 25,955,919 transactions.

You can follow the current price action here.


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