Oh, the drama! It seems the SHIB community has been on a wild coin-burning spree, torching their precious meme coins at a rate that would make a dragon jealous. π
But wait, what’s this? While the burn rate hit the stars, the SHIB price took a little nap, sliding down by over 3% since Sunday. How’s that for a plot twist? π΅
SHIB Burns Up 1,190% – A Bonfire of Whales!
In just a day, a whopping 44,011,839 SHIB coins went up in digital flames, thanks to a couple of mysterious whales who decided to throw a coin-burning party. π
These two crypto giants burned 20,809,760 and 20,490,768 SHIB respectively, probably while sipping on their crypto cocktails. πΈ
In the past week alone, a grand total of 82,932,220 SHIB met their fiery end, with the weekly burn rate jumping by a whopping 32.13%. Someone’s been busy! π₯
How Many SHIBs Are Left to Roast?
Since 2021, the Shiba Inu community, led by the elusive Ryoshi, has managed to incinerate a jaw-dropping 410,744,479,788,339 SHIB. Vitalik Buterin, the Ethereum co-founder, got a shiny pile of SHIB and decided to set it ablaze, probably to keep himself warm on a cold crypto night. π₯
But fear not, there’s still a juicy 584,296,091,032,494 SHIB circulating in the market, just waiting for their turn in the crypto oven. π
SHIB Exec’s Crypto Commandment: “Thou Shalt Not Trust Influencers!”
Over the weekend, the SHIB team’s marketing maestro, Lucie, took to Twitter to drop some crypto wisdom. Rule #1? Stay away from anything hyped by influencers, governments, or exchanges. You know, like that one time the Argentine president promoted LIBRA and everyone ended up poorer except the insiders. π
Rule #1 in the new crypto world:
Avoid anything heavily pushed by influencers, governments, or exchanges.
Only risk what u are already mentally prepared to lose.
β πππππ (@LucieSHIB) February 15, 2025
Lucie’s advice? Invest only what you can afford to lose, and always remember: in the crypto world, the whales are swimming, and the SHIB is burning. ππ₯
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2025-02-17 15:37