Bright Prospects for SHIB inu: Behind-the-Scenes Developments and Significant Token Burns
Lucie, a representative for SHIB, recently hinted at significant behind-the-scenes progress through a highly optimistic tweet. While she did not disclose specific details, her message suggested substantial ongoing development and growth.
Lucie indicated that there is “an amazing amount of development and growth happening behind the scenes,” likely referring not only to the Shibarium team but also to the projects collaborating with SHIB’s team and building their. decentralized applications and ecosystems on Shibarium. She noted that while these advancements might not immediately affect SHIB’s price, “the future is bright.” Lucie added, “All the giants working together can build something exceptional.”
Significant SHIB Burns
In the past 24 hours, the SHIB community has successfully burned a substantial amount of coins, transferring SHIB tokens to inactive wallets. According to data sources, the SHIB burn rate increased by an astonishing 6212.25% since yesterday morning, with a total of 10,248,752 SHIB permanently removed from circulation.
Read more Significant Decline in Shiba Inu Millionaire Addresses Amidst Major Price Drop
There were four transactions in total, with three of them transferring 10 million SHIB to unspendable blockchain addresses. These transfers included 5,562,297, 3,000,000, and 1,185,536 SHIB, according to Shibburn.
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