Shiba Inu burns have shown significant rise while SHIB price attempts to recover after big red candle that occurred earlier today
burn transactions on its website, has spread the word about the burn rate of this popular meme crypto showing a significant rise within the last 24 hours.
These burns have pushed the burn rate of the prominent canine cryptocurrency, the second one in terms of the market cap value, up by 107.49% compared to Tuesday, when merely around 20,000,000 SHIB were sent to dead wallets. This time, there have been no significant burn transactions by size – the two largest ones did not even contain 7,000,000 SHIB.Overall, according to a recent tweet by Shibburn, in September, the SHIB army managed to burn 2,323,834,085 SHIB in 426 transactions made to unspendable wallets, according to a tweet posted by Shibburn over the weekend., the number of transactions performed on Shibarium has surpassed 3,308,000. The number of wallets connected to the Layer-2 platform stands at 1,252,121.
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