Major Shiba Inu metric shows an increase close to 70% despite a major SHIB price decline
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This way, the Shiba Inu community has successfully disposed of 6,985,600 SHIB meme coins in total thanks to ten burn transactions. The largest burn transfers registered by this tracker included 2,555,239, 1,500,000 and 1,045,369 SHIB. In the meantime, over the past seven days, the SHIB community has managed to get rid of 57,671,544 SHIB. However, this is almost 57% less than was sent to unspendable blockchain wallets a week before – the weekly SHIB burn rate is in the red.Overall, a staggering amount of 410,726,422,225,031 SHIB has been so far burned in total from the quadrillion supply created by Ryoshi when SHIB was launched in 2020.
Shiba Inu price has dropped from the $0.00002504 level to $0.00002397, where it is changing hands at the time of writing this article.compared to 16,900 on Saturday. This is a more than 97% plunge compared to the 562,990 transactions spotted on Shibarium on April 17. As for the total count of transfers on this progressive blockchain platform, it has by now shown a rise to 417,490,509 with the number of connected wallets sitting at 1,803,114.might be caused by the current upgrades implemented on Shibarium – last week the charismatic SHIB lead Shytoshi Kusama announced that finally a new version of the ShibaSwap dex has been bridged from the Ethereum blockchain to Shibarium, thus expanding the range of opportunities for SHIB users.
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