This Amazon SHIBburner has destroyed 2.2 billion $SHIB, while Shib burn rate soars 163%. shib_superstore shibburn
A figure of more than 2.25 billion meme tokens was named, and recently the shop has been using Amazon for it weekly SHIB burns.The tweet says that over the past seven months, since November, a total amount of 2,257,736,799 Shiba Inu tokens has been removed from circulation and sent to dead-end wallets, where these canine tokens were locked permanently. That is called “burning” and its purpose is to reduce the current supply of circulating tokens to provide momentum for a substantial price surge.
The latter may in theory take place because, while a huge amount of tokens is locked in unspendable wallets, a coin becomes more scarce with the demand for it remaining the same and even growing bigger.@shib_superstore emphasized that most of the total amount of destroyed Shiba tokens was burned when the coin traded 50 percent higher than now .
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