In the dusty corners of the digital frontier, where the Shiba Inu roams free, a curious tale unfolds. The Shibarium Updates X account, a beacon for the Shiba Inu team, has shared a rather amusing update about the SHIB burns that transpired over the past week. It seems that more than a billion of these meme coins have been sent up in smoke, yet the vast ocean of SHIB still swells with nearly half a quadrillion coins. Talk about a drop in the bucket! 🐶💸
1,254,539,419 SHIB coins up in flames
According to the “ShibTorch update” (yes, it sounds like a new reality show), our beloved SHIB is disappearing faster than a pie at a county fair, thanks to the Community Burn Portal, which is powered by the layer-2 solution, Shibarium. Who knew burning coins could be so entertaining? 🔥
In a week that could only be described as a spectacle, the Shiba Inu community managed to incinerate a staggering 1,254,539,419 SHIB meme coins through this portal. That’s a 5.69% increase from the week prior! If only my diet could show such impressive results! 🍰📈
🔥 ShibTorch Update 🔥
Community Burn Portal is on fire — SHIB is vanishing fast.Total Burned: 1,254,539,419 $SHIB
📈 +5.69% from last week🕒 Recent Burns:
• 21.79M SHIB — June 5
• 15.06M SHIB — June 3
• 14.57M SHIB — June 3
• 15.87M SHIB — June 2— Shibarium Updates 📢 (@Shibizens) June 9, 2025
Four major burns have recently taken place, each contributing to the grand total of 1.2 billion SHIB being whisked away from circulation. They were quite the spectacle, carrying 15.87 million, 14.57 million, 15.06 million, and 21.79 million SHIB. It’s like a magic show, but with less rabbits and more coins! 🎩✨
After the latest upgrade announced by the SHIB team, it seems that SHIB burns will become even more efficient and seamless. Lucie, the SHIB marketing lead, promised that the burn portal would now work automatically, burning SHIB after a certain amount of BONE Shibarium fees is converted into it. But wait, there’s more! Every single activity on Shibarium—“swaps, liquidity actions, and other uses”—will now trigger live burns automatically. It’s like a party where everyone gets to burn coins! 🎉🔥
As it stands, the overall amount of burned SHIB coins, according to the Shibburn website, is a staggering 410,748,895,532,230 SHIB. That’s a number so big it could make your head spin faster than a tumbleweed in a dust storm! 🌪️
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2025-06-09 17:47