327 Million SHIB Burned in Massive Whale Transfer, SHIB Burn Rate Soars 300%

A recent surge in activity from the Shiba Inu community has resulted in a dramatic increase in the cryptocurrency’s burn rate. Data tracked by Shibburn shows that over the past week, a significant amount of SHIB tokens were permanently removed from circulation. The community executed this burning initiative with an impressive 300.7% increase in burn rate. Over seven days, the combined effort of the SHIB army and developer team has resulted in the destruction of 327,103,078 meme coins. This event marks a significant milestone in the ongoing efforts to reduce the circulating supply of SHIB. ]