Main navigation

SHIB Burn Rate 1,900% Up As SHIB Army Gets Inspired by Upcoming SHIB Game “Download” Day

Sat, 10/01/2022 - 20:00
article image
Yuri Molchan
Number of SHIB burns has drastically risen, pushing the burn rate nearly 2,000 percent up, here’s who burnt nearly all this SHIB
SHIB Burn Rate 1,900% Up As SHIB Army Gets Inspired by Upcoming SHIB Game “Download” Day
Cover image via stock.adobe.com

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

Read U.TODAY on
Google News
Contents

Shibburn burn tracker of meme coins has reported that in the past 24 hours, a record amount of Shiba Inu tokens has been sent to dead wallets, therefore the burn rate of these canine tokens has spiked.

SHIB burn rate surges 1,900%

Data from the website of Shibburn shows that over the past 24 hours, the burn rate has soared by a staggering 1,867.60 percent, compared to the similar previous period.

This time, a total of 268,160,328 SHIB has been sent to unspendable wallets and locked there permanently.

This time, the largest chunk of SHIB was burned by Shibburn itself – this platform shifted 257,495,644 meme tokens to an “inferno” wallet.

SHIBburnrate_0394ui4oi89783567spikes
Image via Shibburn

Related
Anon Whales Grab 560 Billion SHIB as Meme Coin Regains Its High Position

“Download day” for Shiba Eternity game postponed

As reported by U.Today on Friday, the official “Download Day” for the long-awaited game Shiba Eternity has been postponed from October 1 that was announced initially to October 6.

Shytoshi Kusama, the lead developer of SHIB and the game, stated that instead, on October 1, today, he will release all the lore and plans for this SHIB-branded collectible card game for smart phones. Earlier, it was reported that 5 percent of profits from the game will be spent on SHIB burns.

In August, the game was tested in Vietnam, where it became a hit. The first launch took place in Australia, on iOS. After that, Shiba Eternity was released on Android as well.

article image
About the author

Yuri is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. ‘Hodls’ major cryptocurrencies and has written for multiple crypto media outlets. 

His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

Currently Yuri is a news writer at U.Today and can be contacted at yuri.molchan@u.today.