102 million $SHIB get removed in the past week as the ShibaInu price drops 14%. Shibarium ShytoshiKusama shibburn
in the past week; however, it is still not enough to push the price of Shiba Inu up. Compared to summer 2022, this is a tiny portion of meme coins sent to dead-end wallets on a weekly basis.
In the meantime, one of the key factors that influences the price of SHIB and the daily/weekly amounts of burned SHIB – the Shibarium release date – has again gone into the fog, as Shytoshi Kusama announced that he cannot name an exact date for it. Besides, the Shiba Inu price has demonstrated a weekly fall of nearly 14%, according to CoinMarketCap. At press time, the meme coin is trading at $0.00001248.According to an update found on the website of the Shibburn tracker, which accumulates data on burn transactions on Etherscan, over the past seven days, the SHIB army has succeeded in removing a total of 102,145,155 SHIB from the supply in circulation.
It took them 28 transactions to achieve that result. This sum in Shiba Inu is worth merely $1,294, which is far from a record amount even though it seems big in the meme token equivalent.
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