453M Shiba Inu Destroyed, Burn Rate Soars

SHIB Burn Rate Jumps 1,318% in 24 hours!

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The Shiba Inu community has burned nearly 500 million SHIB and pushed the burn rate up significantly.

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Massive SHIB burns have been reported after the Shibarium beta test network called PuppyNet was launch last week.

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A total of 451,061,150 Shiba Inu were burned in a single transaction by a -87ffdeaa wallet.

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The latest burn transaction saw SHIB burn rate surge by a whopping 1,318%. On Monday, the burn rate of Shiba Inu was bolstered by 2,452%.

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Lead SHIB developer Shytoshi Kusama said SHIB would be burned on Shibarium with every single transaction .

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The SHIB community expects the burn rate to keep on accelerating.

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\SHIB rose by 6.58% in the last 24hrs on Binance.

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