Shiba Inu team member issued bullish SHIB statement to crypto community
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Lucie also stated that even though these developments will now impact the SHIB price in the short term, “the future is bright” anyway. “All the giants working together can build something exceptional,” she added. The amount of development and growth happening behind the scenes is amazing. Yes, this won’t reflect in the price now, but the future is bright., over the past 24 hours, the SHIB community has succeeded in disposing of yet another substantial amount of meme coins through burning, i.e., transferring SHIB coins to dead-end wallets.
The aforementioned data source revealed that since yesterday morning, the SHIB burn rate has skyrocketed by a whopping 6212.25%, while a total of 10,248,752 SHIB was locked out of the circulating supply permanently. There have been four transactions overall, and it was thanks to three of them that these 10 million SHIB were moved to unspendable blockchain addresses. These transfers carried 5,562,297; 3,000,000 and 1,185,536 SHIB, according to Shibburn.Yuri is interested in technology and technical innovations. He has been writing about DLT and crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects.
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