.SHIBburn rate soared 1,364% after $SHIB lead dev spread the word about Shibarum kuro_9696_9696
Recently published by the Shibburn tracking platform data shows that over the last 24 hours, the army of the second most popular canine cryptocurrency has soared by over 1,364%. A total of 9,607,635 Shiba Inu was sent to unspendable wallets and out of circulation for good.less than 1 million Shiba InuThe burn rate of SHIB increased along with the meme coin's price. Over the past 24 hours, the exchange rate of SHIB/USD has increased by 3.31% after falling by nearly 16% since Wednesday.
The token's price and the burn rate seem to be correlated as a price fall often causes a plunge in the amount of burned meme coins.Twitter user KURO SHIBARMY JPN has shared a screenshot from a Telegram chat with the lead developer of the Shiba Inu token known as Shytoshi Kusama on social media.In the message on the screenshot, the pseudonymous developer commented on the lack of news about the launch of the Shibarium Layer-2 protocol.
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