SHIB’s Burn Rate Soars 49,552%—Is This the End or Just the Beginning?

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So, it turns out that the Shiba Inu community has been busy playing with fire—literally. According to the Shibburn blockchain data aggregator, they’ve managed to crank up the burn rate by a staggering 49,552% in just one day. I mean, who knew that burning digital dog coins could be so… explosive? 💥

Meanwhile, the beloved meme coin SHIB decided to take a little joyride, surging by almost 10% before promptly slamming on the brakes and rolling back down the hill. It’s like watching a toddler on a tricycle: thrilling for a moment, but you know it’s going to end in tears. 🚴‍♂️💨

SHIB burns spike 49,552%

In the last 24 hours, the Shiba Inu aficionados have managed to torch a whopping 13,290,880 SHIB coins. That’s right, folks, four burn transactions led to this monumental achievement, with the largest one sending 12,131,978 SHIB to a wallet that’s about as useful as a chocolate teapot. 🍫☕

Just last Friday, the same source reported that the SHIB community had driven the burn rate up by a mere 27,660%. You know, just a casual day at the office. Back then, they managed to incinerate over half a billion coins—503,305,764 to be exact. The majority of that was torched in a single transfer by an anonymous whale. Because nothing says “I love you” like burning a small fortune in meme coins. 🐋🔥

SHIB lead Kusama disappears from X app

Now, let’s talk about the enigmatic figure known as Shytoshi Kusama. This guy has been MIA for three weeks, and the SHIB community is starting to wonder if he’s off on a secret mission to save the world or just binge-watching reality TV. His last post was on February 21, and since then, he’s been quieter than a cat in a room full of rocking chairs. 🐱🪑

Fans on the X platform are left scratching their heads, reminiscing about the days when they could track his every move thanks to his geo-location updates. But this time? Nothing. Not a peep. Lucie, the head of marketing at SHIB, has come to his defense, claiming he’s doing “exactly what he announced he would.” Which, let’s be honest, sounds suspiciously like “I’m too busy to tweet.” 🙄

Last year, Kusama raised a cool $12 million for the development of a layer-3 solution on Shibarium. So, who knows? Maybe he’s off somewhere counting his money and plotting world domination. Or perhaps he’s just taking a well-deserved break from the chaos of the crypto world. Either way, we’re all just here, waiting for the next tweet like it’s the season finale of our favorite show. 📺✨

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2025-03-17 12:46