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Shiba Inu’s burn rate jumped 100%, with 46 million SHIB removed, making over 41% of its supply burned.
Shibarium achieved one million blocks and gained 1.25 million wallet addresses in less than two months.The popular memecoin Shiba Inu continues to witness a significant number of assets removed from its total circulating supply. According to the latest data, the burning rateby approximately 92% in the past 24 hours, with over 46 million SHIB sent to an address that nobody could access.
The token has a tremendous supply – 999,992,188,828,143, with more than 41% of that amount already destroyed. Shiba Inu has adopted a burning mechanism in an attempt to make SHIB more scarce and potentially valuable in time.the milestone of one million blocks. The network’s advancement has been going with good temps, amassing over 1.25 million wallet addresses in less than two months after its launch.
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