Shib burn tracking platform has teased major improvement to be implemented, while SHIB burn rate goes up
The ShibBurn platform — a leading tracker of shib burn transactions that, from time to time, also burns some Shiba Inus — intends to add a major upgrade to its website, according to a recent announcement.
Meanwhile, according to data shared by this platform, the burn rate of Shiba Inu tokens has shown a tiny increase over the past 24 hours.
major upgrade coming
Shibburn received praise from the prominent anonymous SHIB-themed account @ShibBPP for its progress in burning SHIB and its continued work to inform the community about the depletion of its circulating supply.
@ShibBPP user asked if Shibburn could also integrate statistics not only for daily and weekly burns but also for longer periods of time, such as each month or even longer.
SHIB burn rate increased by 36%
The Shiburn website has shared that in the past 24 hours, small progress has been seen in burning meme coins. However, this increase of shib burn rate only increased to 36.17%.
Since yesterday morning, a total of 5,725,845 Shiba Inu tokens have been moved to dead-end wallets in eight transactions.
Most of these burned SHIBs were removed from circulation in just one transaction, and contained 4,725,305 SHIBs. In the last three months, there has been a significant drop in the SHIB burn rate. The daily volume of tokens burned has mostly dropped to a low of 5 million. The weekly ones only cross 100 million SHIBs.
