Ah, the world of cryptocurrencies—where fortunes can rise and fall faster than a kid on a sugar high! Just six hours ago, Lucie, the SHIB team’s resident marketing whiz, stumbled upon something truly remarkable: a colossal amount of Shiba Inu meme coins being ceremoniously burned in an extravagant single transfer. Yes, folks, that’s right! A whole billion SHIB, poof, gone! 🔥
This was the second grand spectacle of the week courtesy of our mysterious whale friend, who seems to have a penchant for extreme coin-burning behavior. The mere thought of it is enough to make your heart race—or at least make you reconsider your life choices involving speculative investments.
57,069% SHIB Burn Rate—The Numbers Don’t Lie!
In a dizzying act of economic pyrotechnics, one billion SHIB tokens were whisked away to a wallet aptly dubbed the “inferno wallet” (because what else would you call a wallet that incinerates a billion tokens?). This particular act of digital alchemy was part of a larger magic show totaling 1,006,913,405 SHIB burned over the last 24 hours. Yes, that’s right, the biggest event in this impressive list of 17 burns was—a whopping drumroll, please—1,000,000,000 SHIB! 🎉
Oh, and as if that wasn’t enough to keep the crypto world buzzing, there were also smaller chunks of 2,500,000 and 2,118,557 SHIB sacrificed on the altar of digital finance madness. The burn rate skyrocketed by the mind-boggling factor of 57,069%! It’s like discovering you’ve lost ten pounds overnight but then realizing it’s just your wallet feeling lighter.
In the meantime, Lucie lit up Twitter with a screenshot from Etherscan showcasing this burn alchemy. Apparently, the same wallet that just torched 1 billion tokens earlier this week is now on a roll, bringing the total to a breathtaking 2 billion SHIB. 👀
According to Lucie, this mysterious whale is quite the busy bee, having also burned 700 BONE and LEASH tokens after unstaking them from the beloved ShibaSwap. It’s like Wall Street meets a petting zoo—chaotic but oddly fulfilling.
She tweeted, “There was another 1B SHIB burn. Totally same address burned 2B SHIB in a 3-day frame.” I think we should all consider sending this whale a congratulatory card, or perhaps a fruit basket.
There was another 1B SHIB burn.
Totally same address burned 2B SHIB in a 3-day frame.What caught my attention?
The same address also burned 700 BONE and LEASH — unstaked from ShibaSwap.Shib OG.
♥️— 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) March 27, 2025
Just a couple of days prior, on March 24, the X account of CENT, a meme coin that’s probably the life of the party, had cheekily claimed credit for that immense one billion SHIB burn. Now, it seems they’re even more generous, or perhaps just slightly deranged, in their approach to burning SHIB, which, by the way, is currently worth about $14,410. Not bad for a weekend bonfire! 🎇
SHIB Team Dishes on SHIB Pay
Meanwhile, on March 26, the SHIB team was all abuzz about their shiny new feature, SHIB Pay. Imagine a world where you can make crypto payments directly without the pesky interruptions from banks or those irritating middlemen. Yes, it’s like the dream of finally getting through to your favorite pizza place without being placed on hold! 🍕
SHIB Pay: Making Crypto Payments Simple for Everyone
SHIB Pay is a future feature that will let stores and websites accept crypto payments directly—no banks, no middlemen, just pure blockchain.
Here’s what it brings:
🔸 Lower Transaction Fees: No big payment companies taking a…
— Shibarium Updates 📢 (@Shibizens) March 26, 2025
They tout promises of lower transaction fees and fast settlements, which are enough to make any crypto enthusiast drool—and just think, you can use it globally! Wherever you are—and let’s be honest, who wouldn’t want to buy a taco in Tijuana using SHIB Pay?
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2025-03-27 11:21