SHIBA INU (SHIB) IGNITES 874% BURN RATE, DESTROYS 8.7 MILLION TOKENS!
In a stunning turn of events, Shiba Inu's burn rate has skyrocketed 874.74% in just 24 hours, with a whopping 8.7 million tokens sent to dead wallets! This massive burn event comes at a crucial time, as the SHIB price was severely impacted by the WazirX hack earlier today.
The community's determination to reduce the supply and make SHIB a deflationary asset is evident. With 410 trillion tokens already removed from circulation, the ultimate goal is to inject bullish momentum into the price. Although the SHIB price hasn't responded yet, this burn event will have a long-term impact.
Here's the breakdown:
- 874.74% increase in burn rate
- 8.7 million tokens destroyed
- 410 trillion tokens removed from circulation
- 583 trillion tokens remaining in circulation
- SHIB price currently down 9.44% at $0.00001757
Will SHIB recover from this hack and continue its journey to becoming a deflationary asset? Stay tuned for more updates! #SHIB #ShibaInu #BurnRate #DeflationaryAsset #Cryptocurrency