Mammoth 144,045% ๐ SHIB Burn Shocks Shiba Inu Community
๐ฅ SHIB Burn Skyrockets
The Shibburn tracker has reported an extraordinary surge in the SHIB burn rate, reaching an unprecedented 144,045% over the last 24 hours. This leap resulted in a staggering 2,041,299,351 SHIB being permanently removed from circulation. Two key transactions stood out: 18,998,748 and 2,520,176 SHIB sent to dead wallets.
๐ฅ Weekly Burn Soars
In the past week, the community burned a jaw-dropping 4,251,012,135 SHIB, marking a 1,990.39% increase. The SHIB Army has expressed bullish enthusiasm, cheering this dramatic effort to decrease supply.
๐ Price and Market Impact
Current SHIB Price: $0.00003018 (+2.23% in 24 hours)
Market Cap: $17,794,532,733 (+2.18%)
Despite this effort, some holders argue that burning trillions is needed to create significant price movement.
๐ New SHIB Burn Contract
In addition to the burns, Shiba Inu developers introduced an upgrade compatible with Ethereumโs Dencun fork. This update includes a new SHIB burn contract, aimed at further reducing supply and increasing value for holders.
๐ก Shytoshi Kusama's Vision
SHIBโs enigmatic founder, Shytoshi Kusama, reaffirmed his commitment to pushing Shiba Inu into the top five cryptocurrencies. He emphasized that this ambitious goal will be achieved even without a massive budget.
๐ Community Reactions
The SHIB Army lit up Twitter with excitement:
"Letโs go SHIB to the moon!" ๐๐
"Fantastic progress! Burn more!"
Others noted the need for even larger burns to make a more significant dent in the supply.
๐ญ Your Thoughts?
Is this the beginning of a price breakout or just another step in SHIBโs long journey? Share your opinions below! ๐
