Shiba Inu burn rate increases massively as whopping 100 million SHIB gets removed in a single transfer
burn rate within the span of the last 24 hours with a huge chunk of SHIB moved to dead-end wallets.Per data shared by the above-mentioned source, this time since Thursday morning the SHIB community has pushed the burn rate up by 1359.82% as it disposed of a remarkable 115,759,009 SHIB. Notably, a staggering 100,000,000 Shiba Inu meme coins – nearly all the SHIB removed this time – were burned in a single transfer.
Kusama then slammed all those who is spreading FUD are pushing away investors, partners and users from Shibarium and this is basically “shooting in the foot” of the SHIB army. Shytoshi also stated that Shibarium needs DAO and SNS - Shiba Name Service. The latter has been launched earlier this week and it allows Shibarium users to set up “human-readable addresses” for themselves, rather than use the traditional sequence of digits and letters for a blockchain address.In the meantime, Shibarium chain continues to see its key metrics increase.
The number of daily transactions remains stably slightly over 13,000 after major surges in September and October. The total number of connected wallet addresses has grown to the 1,259,795 level, while the number of mined blocks stands at 1,472,727.Yuri is interested in technology and technical innovations. He has been writing about DLT and crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. He has written for multiple crypto media outlets.
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