Hold onto your doggy treats, folks! The Shiba Inu (SHIB) community has been on a wild ride lately, and the latest news is sure to leave you scratching your head. 🤔
According to the Shibburn Twitter account, the weekly burn rate of SHIB has skyrocketed by a mind-blowing 2,085% 🤯 Yes, you read that right – over 1.1 BILLION SHIB tokens have been burned in the past week alone!
But here’s the kicker: despite this massive burn, the SHIB price has taken an unexpected tumble, dropping more than 4% in the past 24 hours. 😲 It’s almost as if the SHIB gods have a twisted sense of humor!
HOURLY SHIB UPDATE
$SHIB Price: $0.00001909 (1hr 0.01% ▲ | 24hr 1.52% ▲ )
Market Cap: $11,241,166,223 (1.49% ▲)
Total Supply: 589,255,699,526,690TOKENS BURNT
Past 24Hrs: 3,273,853 (-99.7% ▼)
Past 7 Days: 1,138,148,465 (2085.71% ▲)— Shibburn (@shibburn) February 1, 2025
But wait, there’s more! The SHIB team has unveiled a new and improved burn system called ShibTorch V2, which promises “greater efficiency, accessibility, and community participation.” 🔥 Looks like the Shiba Inu army is determined to keep those tokens disappearing into the abyss. 😏
So, what’s the moral of the story? When it comes to the world of meme coins, you never know what to expect. 🤷♂️ One thing’s for sure, though – the SHIB saga is far from over, and we can’t wait to see what other surprises the Shiba Inu community has in store. 🐶🚀
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2025-02-01 15:02