Shibarmy News

Shiba Inu Blazing News: In The Past 24 Hours 673,708,757 Have Been Burned

Published

2 years ago

July 31, 2022

(Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. Every investment and all trading involves risk, so you should always do your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.)

As we sit here and watch the Shiba Inu Ecosystem we are witnessing history being made. In the past 24 hours 673,708,757 Shiba Inu Tokens have been sent to the incinerator. From what we are hearing this is just the beginning of the massive burns coming down the line.

In the past 24 hours, there have been a total of 673,708,757 $SHIB tokens burned and 27 transactions. Visit https://t.co/t0eRMnyZel to view the overall total of #SHIB tokens burned, circulating supply, and more. #shibarmy

— Shibburn (@shibburn) July 31, 2022

All the platforms being built for Shiba Inu will have a burn mechanism except for the games. According to Shytoshi Kusama “Maybe you missed it but .@ericmxxx and @kaaldhairya mentioned a whopper last night… that ALL NEW PLATFORMS WILL HAVE $SHIB BURNS. Shibaswap v2. Shibarium. Shibanet. The only exception is the game. But there is a reason for that.”

Maybe you missed it but .@ericmxxx and .@kaaldhairya mentioned a whopper last night… that ALL NEW PLATFORMS WILL HAVE $SHIB BURNS. Shibaswap v2. Shibarium. Shibanet. The only exception is the game. But there is a reason for that.

So stop the FUD. 😝

— Shytoshi Kusama™ (@ShytoshiKusama) December 30, 2021

There is a lot of chatter as to when things will be released and we can say that it seems like it is very soon. We can’t say exactly how the Shiba Inu Tokens will be burned but we know for sure that they will once all the projects are released. There is a lot of excitement being built around the Bone token as well with people speculating that this is the last period in time where people will be able to obtain BONE for under a dollar due to its limited supply of 250 Million and the fact it will be used as the main token for Shibarium.

Everything said the entire Shib Ecosystem looks to be ramping up its speed and from what we see and hear, the next few months are going to be amazing for SHIB and all tokens in the ecosystem.