[Key SHIB indicators have been frozen for the past few days - what happened? 】
Recently, multiple sources revealed that SHIB’s burn rate is negative or zero, which means that no Shiba Inu tokens have been transferred to the “hell” wallet in the past few days. Data from Etherscan shows that the last SHIB burning transaction occurred five days ago, with 1,703,894 SHIBs destroyed, while the Shibburn platform shows that the last burn was two days ago, with less than 100,000 SHIBs destroyed.
The Shibburn platform shows that SHIB’s destruction rate reached 1,088% two days ago, but the transaction list has been blank in recent days. The average weekly destruction rate dropped by 85.23%, with only 7,090,416 SHIB destroyed in the past seven days.
Since August 20, the SHIB destruction rate has been shown to be zero, and officials have yet to comment on this. Last August, the SHIB team launched its second-layer solution Shibarium at the ETHToronto conference. The platform has processed more than 418 million transactions to date and is connected to more than 1.8 million wallets. Shibarium supports a variety of operations and has successfully launched three hard forks. The SHIB team also released a new version of ShibaSwap on Shibarium as an asset bridge between Ethereum and Shibarium.
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