Over the past week, the Shiba Inu (SHIB) community has burned more than 143 million SHIB tokens, aiming to reduce the circulating supply. This brings the weekly burn rate up nearly 19%, even though the last 24 hours only saw 200,000 SHIB burned—a big drop of over 98%.
Meanwhile, SHIB’s mysterious leader Shytoshi Kusama made a return to X (formerly Twitter) after two weeks of silence. He teased a “final paper” and hinted at something major involving AI and Web3. Kusama mentioned he's been in talks with venture capitalists and working on futuristic AI developments possibly linked to Shibarium. Despite saying he'd be offline for a month, he kept tweeting, hinting that many people still don’t realize the impact AI will have.
Big things could be coming for SHIB—not just with token burns, but also in the world of AI and blockchain. 👀🔥
