Shibburn’s Hot Update: 34 Million SHIB Sent to the ‘No Return Zone’
Shibburn, the watchdog of SHIB burning (thanks to Etherscan), has come in hot with some news! Over the last 24 hours, six burn transactions have sent 34,312,733 SHIB on a one-way trip to a wallet so locked up, even Houdini couldn’t crack it.
This fiery feat caused the SHIB burn rate to explode by a jaw-dropping 2,133%! Most of the action came from one dramatic move, where 31,483,015 SHIB was sent straight to the blockchain’s version of the Bermuda Triangle. Two more transfers—1,000,000 and 1,259,569 SHIB—followed suit, joining the bonfire.
So, while these SHIB tokens are now roasting marshmallows in the “unspendable” zone, the Shiba Inu community can celebrate: fewer SHIB in circulation means every remaining token just got a little more precious. Keep calm and burn on!