Shiba Inu Burn Rate Declines as SHIB Army Awaits Shibarium Launch
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 minutes to learn more
The Shiba Inu burn rate has taken a hit, and the SHIB army is not happy about it. But who can blame them? Burning meme tokens is like a sport for them. It’s like watching the Olympics, but instead of athletes, it’s memes competing against each other.
But let’s not jump to conclusions just yet. The decline in the burn rate could be due to several factors. For one, the SHIB price has been fluctuating wildly, making it harder for the SHIB army to keep up. It’s like trying to catch a greased pig; it’s slippery and fast, and you’re not sure if you’ll ever catch it.
Another possible factor is the Shibarium launch. The SHIB army is eagerly waiting for this decentralized exchange and NFT platform to launch. They’re so excited about it that they might have taken their eye off the ball when it comes to burning tokens. It’s like waiting for Christmas; you’re so excited that you can’t focus on anything else.
2.9 Million Shiba Inu Tokens Burned Despite Slowdown
Despite the decline in the burn rate, the SHIB army is still going strong. According to the Shibburn tracking portal, over 2.89 million SHIBs were burned in just 24 hours as of the time of this report. That’s a lot of tokens going up in flames. It’s like watching a bonfire, but instead of wood, it’s memes that are burning.
The price of Shiba Inu has also been on the rise, with several consecutive green candles on an hourly chart. It’s like watching a rocket take off, but instead of astronauts, it’s memes that are blasting off into the stratosphere.
So, what’s next for Shiba Inu? Will the burn rate pick up again? Will Shibarium launch soon? Only time will tell. But one thing is for sure; the SHIB army will be there every step of the way, burning tokens and cheering on their favorite meme. After all, it’s not just a meme; it’s a way of life.
You can purchase Lucky Block here. Buy LBLOCK