Shiba Inu burn rate makes deep dive into red zone with tiny bit of SHIB scorched
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions.
, the daily transaction count on this layer-2 blockchain has witnessed an 187.302% increase in the past two days, when the transfer count surged from 1,890 to 5,430 transactions per day. At the end of 2023 and the start of 2024, tens of billions of BONE were converted to SHIB by the Shiba Inu team manually and then burned. Now, an automated system announced back in January has finally been implemented.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
SHIB Burns Skyrocket 1,664% Thanks to Big Whale – 250 Million SHIB GoneThis big whale continues to send large SHIB lumps to null-wallets, pushing burn rate high up
Read more »
Shytoshi Kusama Hails Big New SHIB Listing on Top US ExchangeEnigmatic SHIB leader hails big SHIB development on Kraken exchange
Read more »
Fundamental BONE Statement Issued by SHIB TeamShiba Inu team has made important statement on BONE, Shibarium and SHIB burns
Read more »
Shiba Inu (SHIB) out of Trillionaire Club: 700 Billion SHIB in 24 HoursShiba Inu experiencing decline, which will more likely affect SHIB's price performance in foreseeable future
Read more »
SHIB Burns Explode by 790% Despite Massive Price SetbackKey Shiba Inu metric of burn rate skyrockets contrary to SHIB price trajectory
Read more »
SHIB Burns Skyrocket 1,253% After Three-Day PauseKey Shiba Inu metric resuming, growing after it stayed at zero level for several days
Read more »