Lucie SHIB has posted SHIB-related tweet, hinting at large burns coming in future
The SHIB paper claims that with the thousands of retailers who accept SHIB around the world and its 15th market cap ranking, it is being solidified as"one of the greatest currencies in the history of mankind."will ensure its circulating supply will decrease in the near future, speaking about massive amounts of SHIB that will be burned thanks to the launch of Layer 2 solution Shibarium.
However, the document continues that"this system does not ensure its value will increase," even though a tremendous reduction of the circulating supply means in theory that the token will become more scarce and its price may rise. The SHIB team does not provide any guarantees, though, that this will happen for sure.According to the data shared by the Shibburn platform, over the span of the past 24 hours, the SHIB community has managed to get rid of 31,985,791 Shiba Inu meme coins.
The overall amount of burn transactions this time was only six, and the largest transaction did not exceed 10,963,688 SHIB.Shibarium metrics show substantial boost Shibarium, which was relaunched to the public earlier this week, continues to grow at a fast pace, astonishing the SHIB community. Within the past 24 hours,. The total count of transactions surged from 440,048 to 524,322 daily transfers on Shibarium, according to the Shibarium Explorer.
As for the total amount of connected wallet addresses, it has jumped from 101,545, smashing the 306,177 milestone merely within the last 24 hours. The total number of blocks on Shibarium stands at 368,576 at the time of this writing.
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