Shiba Inu (SHIB) burns have surged with a 2,133% increase in the burn rate over the past 24 hours. Data from Shibburn reveals six transactions removing 34,312,733 SHIB from circulation. Most of this SHIB was destroyed in a single transfer. Shytoshi Kusama, the lead developer of SHIB, announced a hiatus to focus on launching the TREAT token for Shibarium and completing two important papers.
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Shibburn, which gains burn transaction data on Etherscan and then brings it for the SHIB army on its website and X account, has revealed that during the last 24 hours, it has spotted six burn transactions, which made it possible to remove a total of 34,312,733 SHIB from circulation.Thanks to burning that large SHIB amount, the Shiba Inu burn rate metric surged by an impressive 2,133%.
During the last days of December, Shytoshi announced the launch of his personal podcast, which will consist of 44 episodes, where he will talk to the community about the tech stuff the SHIB team is building, what has been launched already and what they plan to release soon. Kusama also tweeted that 2025 will be “epic.”
SHIB Shiba Inu Burn Rate Shibarium TREAT
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