Over 700 million $SHIB burned in 24 hours after 1.16 billion ShibaInu removed last week. Shibburn Shibarium
One X user stated that this hefty transaction could have been made by Swiss producer ofOn Saturday, the likelihood of Tangem joining the community in burning Shiba Inu wason X. Back then, Tangem reported that they were willing to burn 5% of their SHIB wallet sales profits after converting them into SHIB. By Saturday, the wallet maker had set aside 3,524 USDT.
On Aug. 15-16, Toronto hosts the Blockchain Futurist Conference, which will be sponsored by Shiba Inu and other prominent crypto companies. The lead developer Shytoshi Kusama, who took over leadership from the mysterious founder Ryoshi, promised to give a speech via an AI app during the conference and talk about decentralization, SHIB, Shibarium and their great prospects in the near future.
The SHIB community also expects that Kusama will finally launch the long-awaited Layer 2 blockchain Shibarium during the conference. Shytoshi also promised to prove the superiority of SHIB over Elon Musk's X app once Shibarium launches.
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