#MemeWatch2024 #MemeWatch2024 #MemeWatch2024 #MemeWatch2024

SHIB has been on fire despite the Shiba Inu's falling price.

The Shiba Inu's daily burn rate showed a significant increase with several million meme coins being moved out of circulating supply.

SHIB burns increase overnight.

Data published by Shibburn Explorer reveals that in the past 24 hours, SHIB's burn rate has seen a significant spike of 62.58%.

In this way, the Shiba Inu community managed to shed a total of 6,985,600 SHIB meme coins thanks to ten burning transactions. The largest burn transfers recorded by this tracker included 2,555,239, 1,500,000, and 1,045,369 SHIB.

Meanwhile, over the past seven days,

The SHIB community was able to obtain

Get rid of 57,671,544 gray hairs. However, this is it

Nearly 57% less than what was sent to him

Unspendable Blockchain Wallets 1 week ago - SHIB weekly burn rate in red.

Overall, a staggering 410,726,422,225,031 SHIB have been burned so far from the quadrillion supply created by Ryoshi when SHIB launched in 2020. The supply of Shiba Inu currently circulating on the market equates to 582,992,864,057,113 SHIB meme coins. 6,280,713,717,854 SHIB locked in staking platforms.

Shiba Inu price performance.

Over the past 24 hours, the second largest cryptocurrency SHIB saw a significant decline of just over 4%, exiting $SHIB .