Very important news
If you hold SHIB, take a quick look
The burn rate of Shiba Inu (SHIB) increased significantly to 3894%, resulting in a significant reduction in the token supply. Tracking platform Shibburn shows that 4,829,147 SHIB tokens were destroyed in the past 24 hours. The sharp increase in the destruction rate coincides with the increase in whale purchasing activities. A large part of this destruction comes from the "0xc55..." wallet address, which transferred 4.03 million SHIB to the dead wallet. There are also other small destruction actions, highlighting the SHIB community's ability to reduce circulation. effort.
During the same period, two whales purchased more than $35 million in SHIB, and nine whale wallets spent a total of $35.2 million to purchase 1.356 trillion SHIB. The moves raised hopes among traders that SHIB could rebound. Currently, SHIB is trading at $0.00002562, down 0.81% from the previous day, with a market value of $15097744693, up 0.55%, ranking 11th. The 24-hour trading volume is $570669619, a surge of 36.37%, ranking 17th. Trading volume and market value The ratio is 3.77%. Although the current price is below the all-time high price of $0.00008845 in October 2021, continued whale activity and destruction may push it past the all-time high.
Additionally, the Shiba Inu team is working to prevent fraud in the ecosystem, urging users to be cautious following an attack on the Shibarium Layer-2 extension. The SHIB community is still optimistic. The soaring burning rate and enhanced whale activity have injected optimism into the community. The burning of 4,829,147 SHIB tokens in 24 hours and over 35 million US dollars in whale purchases highlight the potential for price increases. Although the current price is lower than the historical high, the burning and Whale interest may drive up future value.
The destruction rate of Shiba Inu (SHIB) has increased significantly, and whale activity has increased. The destruction comes from specific wallets and other actions, inspiring traders' hope that the current price of SHIB and related data may exceed the all-time high. The team prevents fraud, the community is optimistic, and the destruction and whale purchase belts potential for price increases.
If you can't identify the board, then no matter how good the opportunity is, it has nothing to do with you.
