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Data from the tracking platform Shibburn reveals that past week over 2.41 Billion tokens of the dog-inspired cryptocurrency Shiba Inu (SHIB) was burned with nearly 236 separate transactions.
Shiba Inu whales have been more active in the last 24 hours, as stated by IntoTheBlock data, with a 122% spike in large transactions.
The meme-inspired cryptocurrency Shiba Inu ($SHIB) has added over 30,000 new holders over the past 30 days, even as the price of the cryptocurrency plunges, and SHIB’s burn rate has kept on climbing.
A fresh partner of the popular meme coin is the decentralized ticket and hotel booking platform XcelTrip, which announced the implementation of SHIB as a payment method.
WhaleStats platform, which tracks data related to the largest 100 wallets on Ethereum, BSC, and other chains, has announced that another impressive amount of Shiba Inu has been added by a major ETH investor to his crypto stash.
As reported by burn tracking platform Shibburn, over the past 24 hours, a staggering sum of Shiba Inu has been locked up in unspendable wallets by various members of the global SHIB army.
Entertainment veteran Marcie Jastrow, who has served as senior vice president at Franco-American multinational corporation Technicolor, has joined forces with Shiba Inu Metaverse’s team, as stated by the announcement made on Monday
Shiba Inu rose from lows of $0.0000113 on May 21, having reached significant support at this key level, to reach highs of $0.0001296 today, thus setting up to mark the third consecutive day in the green
As stated by SHIB burn tracker, more than 22 billion canine tokens have been taken out of circulation over the past week. Besides, more than the half a billion Shiba were burnt within the last 24 hours.
Shiba Inu remains in a sideways trend, as seen on its daily chart, but the range has tightened even more in the last four days.
