Shiba Inu’s burns are progressing vigorously. Its writing portal, Shibburn, was launched in April of this year to reduce the circular supply of SHIB tokens. In addition, users will be rewarded for burning the SHIB.
According to Shibburns data, 4.55 billion Shiba Inu tokens were incinerated in June. Of this, 219.66 million SHIBs have been burned within the last 24 hours. In addition, the burns were performed in 400 different transactions. Burned tokens are worth $ 46,446.
In addition, after 219 million SHIBs were sent to the dead wallet, the Shiba Inu burn rate surged 219.71%.
There are several famous Shiba Inu burners. Among them are Travis Johnsons, 1Cent Token and ETHSHIBA. One Cent token burned 385.55 million SHIB and took the lead for the month. ETH SHIBA came in second with 290 million burned SHIB tokens, and Travis Johnson came in third with 234 million burned SHIB.
Travis Johnson, whose Twitter account is the “SHIB Superstore,” also shared a new way to write Shiba Inu (SHIB) tokens. Subscribing to Amazon’s audible sound using Johnson’s referral link incurs a $ 5 fee, and Johnson said he would use this money to burn SHIB tokens. Users can also sign up for a free trial and cancel their subscription if they don’t like it.
Johnson used to use Amazon’s affiliate program to create SHIB tokens.
The latest information on other Shiba Inu
Shiba Inu is easily one of the most popular crypto projects in the world, with a solid social foundation and enthusiastic fans. In addition, this project has always been popular among Ethereum whales. According to Whalestats, this is still the highest holding token of the top 100 Ethereum whales.
Token fans are eagerly awaiting the release of Shibarium, the project’s Layer 2 network. Many people expect a pump when that happens. According to the latest report, Public Testnet will be operational in the third quarter of this year. Therefore, the launch is just around the corner.
In addition, the Shiba Inu was reported to have witnessed a surge in network activity in June. According to a well-known crypto analysis company, Santiment SHIB increased network interaction by 35%.
At the time of the press, SHIB was trading at $ 0.00001007, down 2.4% in the last 7 days.