• In 24 hours, 213 million Shiba Inu were burned, an increase of 1003.5 percent from the previous day

  • Shiba Inu (SHIB) tokens are becoming increasingly scarce.

    SHIB community-led burning campaigns appear to be on the rise, as recent statistics from Shibburn’s official Twitter handle shows that around 213,640,225 (213M) SHIB tokens were permanently removed from circulation with ten transactions in the last 24 hours.

    This means that the burning rate jumped by an astounding 1003.55 percent from the previous day, when the same source recorded only 34,353,687 (34M) SHIB tokens burned.

    Aside from the current burning, we’re noticing an increase in demand for SHIB tokens. Even ETH whales are demonstrating a desire to accumulate as many SHIB tokens as possible in their wallets.

    This is all happening as the SHIB team quickly turns their ideal plans into reality. Almost every day, a new company or exchange is observed entering the SHIB ecosystem by accepting it as a payment option, listing it for trading reasons, or forming any other cooperation.

    Vivid Money recently offered the Shiba Inu cryptocurrency for trade on its platform. At the same time, the SHIB community is anticipating LaborX’s huge announcement for the SHIB ecosystem, which is expected for this week and could be made public in the next one or two days. LaborX is a cryptocurrency-based freelance job site that has recently accepted SHIB as a payment mechanism.

    The recent announcement that SHIB has now stepped into the fashion industry with “John Richmond’s Italy-based brand” and the recent announcement that SHIB has now stepped into the fashion industry with “John Richmond’s Italy-based brand” are two real-life scenarios that are helping Shib’s reputations a lot. Shiba Inu takes a risk in real-world products by announcing its first deep-rooted cooperation with Welly’s, a new hyper-quality agile blockchain-based fast-food restaurant in Naples, Italy, set to debut in 2021.

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