#5月市场关键事件

SHIB is still burning despite the fall in SHIB prices

Despite the sharp fall in Shiba Inu prices, the main Shiba Inu indicator has increased by nearly 70%

The daily Shiba Inu destruction rate has increased significantly, and millions of meme coins have been transferred out of the circulating supply. SHIB burning increased overnight Data published by the Shibburn browser shows that the SHIB destruction rate has increased significantly by 62.58% in the past 24 hours. In this way, through ten destruction transactions, the Shiba Inu community has successfully disposed of a total of 6,985,600 SHIB meme coins. The largest destruction transfers recorded by this tracker include 2,555,239, 1,500,000 and 1,045,369 SHIB. Meanwhile, in the past 7 days, the SHIB community has successfully got rid of 57,671,544 SHIB. However, this is nearly 57% less than the amount sent to the unspendable blockchain wallet a week ago - the weekly SHIB destruction rate is in the red.

Overall, a staggering 410,726,422,225,031 SHIBs have been burned to date out of the quadrillion supply created by Ryoshi when SHIB was launched in 2020. The current circulating supply of Shiba Inu in the market is equivalent to 582,992,864,057,113 SHIB meme coins. 6,280,713,717,854 SHIBs have been locked up on staking platforms. Shiba Inu Value for Money In the past 24 hours, the second-largest meme cryptocurrency SHIB has seen a sharp drop of just over 4%, exceeding the range of fluctuations in the previous three days. The Shiba Inu price has fallen from $0.00002504 to $0.00002397, which is changing hands at the time of writing. Shibarium transaction activity continues to decline sharply The Shibariumscan browser shows that the on-chain activity of this layer 2 solution continues to decline. The number of daily transactions has dropped from 16,900 on Saturday to 11,910. Compared with the 562,990 transactions found on Shibarium on April 17, it has dropped by more than 97%. As for the total number of transfers on the progressive blockchain platform, it has now risen to 417,490,509 times, and the number of connected wallets has reached 1,803,114

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