Amidst the vast expanse of the digital cosmos, where tokens and memes dance in the ether, a peculiar phenomenon has been observed. The illustrious SHIB wallet tracker, Shibburn, has unveiled a cosmic event: a precipitous plunge in the SHIB burn rate, a drop so steep, it could rival the descent of Icarus himself. Yet, in a twist of fate, the SHIB community, undeterred by this celestial sign, continues to burn their beloved meme coins with a fervor that would make the gods themselves blush.
SHIB Burns Crash, Yet Millions of Coins Still Get Torched 🌡️🔥
The celestial scribes at Shibburn have chronicled that over the past seven days, the burn rate of SHIB, a metric as vital to the community as the sun is to the earth, has plummeted by nearly 100%. Despite this, the SHIB faithful have not faltered in their ritual of sending 46,451,929 SHIB to the digital void, known in the vernacular as “dead wallets.” These tokens, now eternally locked away, have been ceremoniously removed from the circulating supply, a sacrifice to the gods of the blockchain.
HOURLY SHIB UPDATE
$SHIB Price: $0.00001373 (1hr 0.35% ▲ | 24hr 6.23% ▲ )
Market Cap: $8,088,735,149 (6.20% ▲)
Total Supply: 589,248,700,465,592TOKENS BURNT
Past 24Hrs: 180,292 (-87.60% ▼)
Past 7 Days: 46,451,929 (-95.55% ▼)— Shibburn (@shibburn) July 16, 2025
The daily burn rate, too, has seen a significant decline, dropping by 87.60%. This was the result of 180,292 SHIB being burned today, a number that, while smaller, still carries the weight of a thousand suns.
Shiba Alpha Layer Block Explorer Launched in Beta 🚀🔍
In a galaxy far, far away, the SHIB-related X account @Shibizens has heralded a new era in the Shiba Inu ecosystem. The layer-3 Shib Alpha layer, a technological marvel, has entered its beta phase, marking a significant milestone in the evolution of the SHIB universe.
📳Shib Alpha Layer Block Explorer Goes Live (Beta)
The Shibarium ecosystem marks a major milestone with the launch of the Shib Alpha Layer Block Explorer, now live in testnet.
Built specifically for Shiba Inu’s Layer 3 infrastructure, this custom tool offers real-time access…
— Shibarium | BONE 🍖 Updates 📢 (@Shibizens) July 15, 2025
The SHIB team has unveiled the Shib Alpha Layer block explorer in testnet, a tool designed with the precision of a master craftsman. This explorer, tailored for Shiba Inu’s Layer 3 infrastructure, provides real-time access to block and transaction data, indexing information instantly and eliminating the need for caching. The release on mainnet is on the horizon, promising a future where onchain activity can be tracked with zero delays.
The key features of this new block explorer include live block and transaction data, instant indexing, network health and usage stats, and support for external verification. It simplifies contract monitoring and aligns with Shibarium’s open-access ethos, making it a beacon of transparency in the digital realm.
Currently, the new tool is open for public testing, inviting the community to provide feedback and contribute to its refinement. In the words of the wise, “The journey of a thousand miles begins with a single step,” and the SHIB community is taking that step with the launch of the Shib Alpha Layer block explorer.
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2025-07-16 14:22