The quantity of SHIB burnt decreased by around 60% compared to a much larger burn that was executed yesterday, according to the Shibburn wallet tracker that gathers information on SHIB burns on Etherscan, and as a result, the Shiba Inu burn rate fell below zero during the previous 24 hours.
Three transactions over the aforementioned time period resulted in a total of 2,602,167 SHIB being sent to unspendable wallets. 2,241,682 meme coins were transferred in a single transaction, which shifted almost the whole sum. Here, the lowest transaction only cost 262 SHIB.
The SHIB community has sold 293,566,203 Shiba Inu meme coins overall in the previous seven days.
SHIB market performance
The second-largest canine cryptocurrency in terms of market capitalization value, SHIB, has dropped 16.13% over the previous week, from Friday, June 9, to the price at which SHIB is currently trading, which is $0.00000674.
Shiba Inu really saw a significant decrease of roughly 30% last weekend and has since been trying to recover. It has gained around 20% of its value since June 10.
SHIB metaverse news
Lucie, a prominent member of the Shiba Inu team, tweeted about Unreal Engine. It and SHIB metaverse together are, in her words, “a match made in virtual heaven.”
No other engine, according to Lucie, has been able to match Unreal Engine “in creating immersive experiences and stunning visuals,” and she expressed excitement for exploring the vibrant universe of Shiba Inu, going on exhilarating adventures, and connecting with other SHIB army members.
The future of virtual reality, according to Lucie, is “incredibly exciting,” and she conveyed her congratulations to all the Unreal Engine programmers and creators involved in the SHIB metaverse.
according to U.In a Fireside Chat held in December of last year, SHIB and Unreal Engine 5.1 jointly displayed the Metaverse Hub WAGMI Temple. Epic Games created the 3D computer graphics gaming engine known as Unreal Engine.
