SHIB Burns Soar 48,554% As Shytoshi Kusama Makes Festive Statement
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According to recent data shared by the Shibburn team, within the past 24 hours, the SHIB army has transferred a massive amount of meme coins to “inferno” wallets, burning those SHIB without a chance of recovery.
In the meantime, the SHIB price has managed to recover after yesterday’s plunge, and the mysterious SHIB lead, Shytoshi Kusama, has published a festive tweet.
SHIB burns jump to flabbergasting high
The above-mentioned data source has reported that since yesterday morning, the loyal SHIB community, which includes both enthusiastic individuals and legal entities, has transferred 87,760,994 SHIB to unspendable blockchain wallets.
These burns have propelled the overall SHIB burn rate to a smashing 48,554.74% increase. There have been only two burn transactions so far, and both are impressive as they carried 61,908,927 SHIB and then 25,852,066 SHIB meme coins to dead-end addresses.
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