SHIB Burns Jump 550% as Shiba Inu Price Stays in Green

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SHIB Burns Jump 550% as Shiba Inu Price Stays in Green
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$SHIB burns jump as Shibarium hits a new utility milestone. Shibburns

community has managed to push this metric up again to a high degree. Close to 80 million SHIB meme coins were transferred out of circulation this particular time, and the price of SHIB shows a small rise over the past 24 hours.

At press time, SHIB is changing hands at $0.00000767, according to CoinMarketCap. Recently, Shiba Inu has been pushed back to position number 19 on this crypto data platform, where it remains.After a total of 78,248,958 SHIB were sent to dead wallets since yesterday morning, the burn rate of Shiba Inu coins went up by 546.18%, according a recent tweet published by the Shibburn crypto tracking service.

The biggest single stash moved to a"burn" wallet totalled 59,972,026 SHIB, which is more than half of the overall above-mentioned SHIB amount. As for the weekly burns, within the past week, the SHIB army destroyed 233,385,451 meme coins. This number looks impressive, were it not for the fact that this stash is 78.87% less than was burned a week before last.

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