Shiba Inu Burn Rate Jumps 7,240%, Over 1.1 Billion SHIB Vanish

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Shibarium’s Inferno

<a href="https://pricpr.com/shib-usd/">Shiba Inu</a> Burn Rate Jumps 7,240%, Over 1.1 Billion <a href="https://investment-policy.com/shib-usd/">SHIB</a> Vanish

Ah, Shiba Inu (SHIB), the little dog with a big dream of becoming a financial titan 🐕‍🦺🚀. Well, it seems SHIB has decided to embrace the flames of self-destruction, burning a staggering 1.1 billion tokens in a fiery display of defiance against the very notion of scarcity 😂. Shibburn, that tireless chronicler of SHIB’s pyrotechnics, reports a burn rate that has skyrocketed by a mind-boggling 7,240.75%. It’s like watching a bonfire fueled by existential angst! 🔥

ShibTorch V2: Where Dreams Go to Die

This cataclysmic burn coincides with the launch of ShibTorch V2, a platform designed to accelerate the euthanasia of SHIB tokens. According to the ever-optimistic Shibarium Updates, this new system will usher in a golden age of efficiency through the noble sacrifice of countless Shiba tokens 😇. A thousand billion SHIB to the pyre? It’s practically a love letter to deflation!

The grand orchestrator of this digital inferno, “Shib: Deployer 2,” did the honors, sending over a billion SHIB tokens to the great beyond on Ethereum. One can only imagine the sigh of relief from the poor developer tasked with counting all those zeros.

A Collective shrug

Despite this fiery display, the market remains, shall we say, unimpressed. The SHIB price is currently dancing around $0.00001863, a mere 0.45% increase in the last 24 hours. Trading volume has taken a nosedive, plummeting by 31.80% to $226.97 million.

Perhaps the market is simply too jaded by the endless cycle of crypto hype and despair to be moved by a billion tokens going up in smoke. Or maybe they’re just waiting for the next bonfire to start 🔥.

The total supply of SHIB

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2025-01-31 14:40