The **Shiba Inu (SHIB) burn rate** has skyrocketed **8,470%** after a **massive token burn** by an anonymous whale! 🐳🔥 According to **Shibburn**, a top community tracker, a mysterious wallet (**‘0x55B…182E3’**) **incinerated 1 billion SHIB** in a single transaction, drastically reducing the circulating supply.
#🔥 **Details of the SHIB Mega Burn!** 📅 **Date & Time:** [Date] | 14:55 UTC 💰 **Value of Burned SHIB:** **$13,050** (@ **$0.00001305** per SHIB) 🔍 **Transaction Verified on Etherscan!** ✅
This **isn't the first time** this whale has torched SHIB! **On-chain data** reveals previous burns: 🔥 **1 Billion SHIB** — **March 15, 2025** 🔥 **1 Billion SHIB** — **August 7, 2024** 🔥 **700 Million SHIB** — **February 10, 2024**
Even after these colossal burns, the whale still holds **1 billion SHIB** (~$13,050). **More burns incoming?** 🤔🔥
#🚀 **Shiba Inu Community Joins the Burn Party!** 🎉🔥 It's not just the whale! The **Shiba Inu community** has stepped up, **burning a total of 1.004 billion SHIB** in the last **24 hours** across **14 transactions**! 📈🔥
This **massive burn wave** has fueled SHIB’s **8,470% burn rate surge**—a **major bullish signal** for long-term holders! 🚀📊
## 🔥 **SHIB’s Supply Reduction Strategy: A Path to Higher Value?** 💡 **Total SHIB Burned to Date:** **410.74 Trillion SHIB!** 🔥 **Shibarium’s Role:** - Since launch in **August 2023**, **Shibarium L2** has burned **50+ billion SHIB** via transaction fees. - **Automated burns** began in **August 2024**, removing **700+ million SHIB** so far! 🚀🔥
These consistent burns are part of **Shiba Inu’s long-term deflationary strategy**—reducing supply and potentially **boosting SHIB’s value** over time! 📉➡️📈
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$SHIB
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