Shiba Inu (SHIB) Discussion Thread

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The Fire Rises 2023
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Shiba Inu Burn Up By 10,000%, Network Hits New Milestone


The price of Shiba Inu (SHIB) surged by 22% in the last seven days, outperforming the majority of the crypto market. And the positive news doesn’t stop before Shibarium is rumored to be scheduled to hit the market next week, February 14, Valentine’s Day.

The Shiba Inu Burn Tracker recorded a 10,129% increase in SHIB destroyed in the last 24 hours. More than 20.97 million SHIB were burned in five transactions in the last 24 hours, with 19.40 million coming from a single transaction accounting for the majority of the burn.

Since the previous day’s burn rate was very low at only 205,000 SHIB in two transactions, this represents a 10,129% increase in the last 24 hours. The reason for the supposedly gigantic increase is therefore rather unexciting, especially when one considers that there have been repeated days in recent months on which more than 20 million SHIB were burned.

Already on Monday, 22.3 million SHIB were destroyed forever in three transactions. On January 24, the Shiba burn reached its year-to-date high of more than 110 million SHIB in one day.

Almost time my brehs...:wow: when the circulating supply starts shrinking expect to see some serious shyt...:banderas: I never gave up on shib...:mjcry: never...
 

GoFlipAPack

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shibarium coming soon. Bone used for gas fees and shib being burned with every transaction. lots of utility which helps burn coins. just need volume to return when bull market picks up.
So will it be like Binance and the BNB coin? I wonder if they'll make it to where you can but other tokens like Binance/BNB.
 

mannyrs13

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This where we currently stand. All those rejections in the recent past, hopefully things are different this time and it's flipping. Be good to see it go over the purple line and get out of the downward trend or make it a higher angle and slowly turn upwards.

ECTKrM1g
 

GoFlipAPack

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Anyone find it funny how now that crypto has been cold for the last year plus none of these countries and banks are talking about banning crypto?:patrice: what did they just forget it existed or something?:skip:
 
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