#币安Alpha公布第5批项目

SHIB burn rate skyrocketed by 936%, but the price dropped by 9.61%

News from the Shibburn tracking platform indicates that the speed at which SHIB, this meme coin, is being removed from circulation has suddenly accelerated, with several million SHIB thrown into dead-end wallets, never to be used again.

Although the SHIB burned in the past 7 days is ten times that of before, the weekly burn is still at a loss.

This time, the SHIB army has been quite effective in burning, but the price just won't go up, it's been hovering around.

Burn rate surged by 936%

Data from the Shibburn platform shows that just yesterday, 6,690,287 SHIB were transferred to blockchain wallets that cannot be spent, resulting in a burn rate spike of 936.52%.

Among them were two large transactions, one for 3,507,923 and another for 2,300,437, which directly “burned” the SHIB.

SHIB price updated hourly

Current SHIB price: 0.00002113, down 1.22% in 1 hour, down 2.74% in 24 hours.

Market capitalization: $12,493,730,018, down 2.41%.

Total supply: 589,257,159,720,102.

Token burn situation

Yesterday: 6,690,287, up 936.52%.

Past 7 days: 62,381,241, down nearly 60%.

Data from last week showed that the amount of SHIB burned fell by nearly 60%, with 62,381,241 SHIB locked in wallets that cannot be used.

SHIB market performance

Last Friday, the SHIB meme cryptocurrency surged by 30%, rising from $0.00001859 to $0.00002406.

However, since then, this meme coin has been on a downward trend, now down 9.61%, with a turnover price of $0.00002168. This week, SHIB is still hovering around the $0.00002200 mark.

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