Ah, the whims of the crypto world! The Shibburn tracker, in a tweet that could only be described as dramatic, revealed a burn rate so astronomical it left the SHIB community clutching their digital pearls. A six-digit increase, they said. A surge so grand, it could only be matched by the collective gasp of investors worldwide.
Yet, the actual number of SHIB tokens burned? A paltry 18,684,231. Yes, you read that right. A surge of 771,019% for a burn that wouldn’t even make a dent in your average crypto whale’s portfolio. Irony, thy name is SHIB.
SHIB Burns: The Numbers That Defy Logic
The Shibburn tracker, ever the bearer of shocking news, announced a 771,019% jump in SHIB burns over the last 24 hours. The largest transaction? A mere 16,035,545 SHIB sent to the digital abyss of an unspendable wallet. Followed by 1,070,154 SHIB, which, let’s be honest, is the equivalent of tossing a penny into a wishing well.
But wait! The tweet and the website both insist on this ludicrous percentage. Could it be that a massive burn occurred, yet remains unrecorded? Perhaps tens of millions of SHIB have been incinerated, and the community is none the wiser. Or perhaps, just perhaps, someone’s math is as reliable as a meme coin’s value.
HOURLY SHIB UPDATE$SHIB Price: $0.00001273 (1hr -0.32% ▼ | 24hr 0.53% ▲ )
Market Cap: $7,502,632,012 (0.46% ▲)
Total Supply: 589,254,594,876,364TOKENS BURNT
Past 24Hrs: 18,684,231 (771019.73% ▲)
Past 7 Days: 74,896,709 (-86.04% ▼)— Shibburn (@shibburn) March 22, 2025
Meanwhile, the weekly burn statistics paint a less flattering picture. Over the past week, the community managed to dispose of 74,896,709 SHIB, with the burn rate dropping by 86.04%. A valiant effort, or a desperate cry for relevance? You decide.
Shibarium L3: The Privacy Panacea or Just Another Crypto Pipe Dream?
In other news, the SHIB team has been toiling away on the Shibarium layer-3 solution for over a year. This week, they teased the community with cryptic X posts, hinting at the grand features of this upcoming upgrade. Privacy, they say, will be the cornerstone of this new layer.
Lucie, the official marketing lead of the SHIB team, took to Twitter to wax poetic about this new development. According to her, Shibarium L3 will keep user data fully encrypted, even while apps are using it. Developers, the network, and even the authorities won’t be able to peek at your data unless you explicitly allow it. A utopia of privacy, or just another layer of complexity in an already convoluted ecosystem?
What does FHE on Shibarium L3 mean for you?
It means your data stays fully encrypted, even while apps are using it.
No one — not developers, not the network, not even authorities — can see your raw info unless you choose to share it.
You get privacy by default, with the…
— 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) March 22, 2025
This privacy marvel will be made possible by Fully Homomorphic Encryption (FHE) rollups, courtesy of Shiba Inu’s partner, Zama. A mouthful of jargon, but hey, if it keeps your data safe, who’s complaining? 🚀
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2025-03-22 23:25