Shibburn reports a significant spike in SHIB burn rate, driven by community-led transfers of 21,000,740 SHIB to dead-end wallets. While SHIB price recovers slightly, users demand larger burns to boost the token's value. The SHIB team emphasizes the role of Shibarium in facilitating larger burns through gas fees.
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So far, there have been seven transfers to dead-end wallets. The largest ones, correspondingly, carried 18,973,108 SHIB and 1,000,000 SHIB nine and eleven hours ago.Still, many users within the SHIB army have been putting pressure on the SHIB team, demanding much bigger burns than the ones being made now. They claim that the SHIB team should burn from 30% to 90% of the currently circulating supply to unleash the SHIB price and let in skyrocket.
The Shiba Inu lead developer has shared multiple X posts from leading crypto exchanges, such MEXC, KuCoin, BitGet, SuperEx, etc, announcing the listing of the new Shiba Inu ecosystem token TREAT. The official launch date is
SHIB Shiba Inu Crypto Burn Shibarium TREAT
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