OMG! SHIB Burns Soar 1,155% – Get Ready for the Meme Coin Revolution! 🚀🐶

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Attention, SHIB army! The Shibburn blockchain tracker has just revealed some mind-blowing news. Over the past 24 hours, our beloved meme coin has been burned like there’s no tomorrow!

While the price of Shiba Inu continues to chillax in the $0.00001530 range, the SHIB burn rate has skyrocketed a whopping 1,155.95%! That’s right, folks – a total of 15,161,271 SHIB have been removed from circulation, thanks to the tireless efforts of our meme coin community.

SHIB Burn Rate: The Sky’s the Limit! 📈🚀

According to a tweet from Shibburn, the SHIB community has shown a significant increase since last morning. The largest single amount of SHIB locked in unspendable wallets over that period of time comprises 14,089,269 SHIB. Talk about dedication!

But wait, there’s more! Despite the massive amount of meme coin transferred out of circulation, the weekly burn rate is deep in the red zone: minus 93.38% with 75,298,908 SHIB burned. Now that’s what we call commitment!

$20,136,020 Worth of SHIB Leaves Kraken – Whale Alert! 🐳🚨

Earlier this week, a prominent blockchain sleuth Whale Alert detected a jaw-dropping amount of SHIB withdrawn from one of US largest and oldest cryptocurrency exchanges – Kraken. A whopping 1,239,940,928,235 SHIB worth $20,136,020 was transferred from a Kraken wallet to an unknown blockchain wallet.

But hold on to your hats, because there’s more! On that same day, Arkham Intelligence data tracker showed that that tremendous SHIB lump was sent to a wallet also associated with Kraken. And if that wasn’t enough, Arkham registered 733 billion SHIB of total outflows from that crypto trading platform. Now that’s what we call a SHIB-tastic day!

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2025-02-08 11:56