[Despite the sharp drop in prices, SHIB destruction increased by 790%]
According to the latest data from the Shibburn platform, the SHIB community has successfully destroyed more than 114 million SHIB meme coins in the past week, causing SHIB’s weekly destruction rate to surge by more than 790%. However, the daily burn rate over the past 24 hours was negative 97.66%, with only 1,627,406 SHIB burned.
The number of SHIB currently in circulation is approximately 583,447,316,446,911, and the number of SHIB destroyed is close to 410,728,078,016,596.
Meanwhile, the price of Shiba Inu has dropped significantly by 7.60% in the past 24 hours.
The leader of the SHIB team recently emphasized that LEASH holders will play an important role in the SHIB DAO that will be integrated into Shibarium, responsible for "maintaining order and protecting the system" and being able to vote on disputes in the DAO. BONE and SHIB holders will also have voting rights in the DAO and participate in decisions about philanthropy, promotion of SHIB community values, and development of the SHIB ecosystem.