SHIB Burn Rate 5,761% Up as Shiba Inu Surpasses Wrapped Bitcoin (WBTC) by This Metric

WhaleStats on-chain data tracker has shared that over the past 24 hours, Shiba Inu meme coin has surpassed Wrapped Bitcoin and became the most traded digital asset for the largest 100 Ethereum whales.SHIB burn rate jumps 5,761%

According to data published by the Shibburn tracking website earlier today, in the past 24 hours, the rate at which the SHIB army disposes of meme coins, locking them up in unspendable wallets, has surged by a whopping 5,761%. This time, since last morning various entities and eager individuals have removed 13,696,795 Shiba Inu tokens.The goal of burning is to reduce the circulating amount of a coin to a degree that will ensure its price rise, since burning makes a cryptocurrency more scarce. Pushing the SHIB price toward one dollar or at least one cent is the dream of the Shiba Inu community.

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Biggest Movers: SHIB Hits 6-Week High, ETC Extends Recent Gains – Market Updates Bitcoin NewsShiba inu was one of Friday’s biggest gainers, as the meme coin raced to a six-week high. Ethereum classic also moved higher. Nice one, I also listen to ChiefraFba for signals and analysis!..I have a 93% win rate in 3 months of copying his signals! Totally agree, but I only use ChiefraFba for signals and analysis Because of BTC not Because it did something special; until doesn't develop Web3 unfortunately Shib will go nowhere; see they have the money; now let's do it...then? Yes will fly ToTheMoon until then? Is just a memecoin
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