Current Massive 5,572% SHIB Burn Rate Spike Not What It Seems: Details

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Current Massive 5,572% SHIB Burn Rate Spike Not What It Seems: Details
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.SHIBburn rate showed an astounding rise as millions of ShibaInu were removed from circulation. WhaleStats $SHIB memecrypto

Shibburn has shared that, in the past 24 hours, the burn rate of Shiba Inu meme crypto has surged by over 5,500%. Still, the amount of burned meme tokens here leaves a lot to be desired.Since yesterday morning, according to Shibburn, the pace at which Shiba Inu tokens were removed from circulation skyrocketed by a staggering 5,572%. However, despite such a massive rise, SHIB enthusiasts succeeded in burning merely 12 million meme coins.

The biggest chunks of SHIB that were burned in the past 24 hours include 6,820,000; 1,848,400 and 1,500,225 SHIB. The data from the website shows that yesterday, the SHIB army only destroyed 211,954 Shiba Inu, hence the astounding rise in percent compared to the feeble burn.Two days ago, twice as many SHIB tokens were removed from the circulating supply – over 22 million. Still, these burns are next to nothing since the total amount of SHIB currently circulating on the market is 572,079,907,638,876 meme coins.

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