A recently published report shows that the Shiba Inu’s burn rate has increased drastically along with the number of SHIB holders
- SHIB burn rate up 190%
- SHIB HOLDER NUMBER HIT ATH
The website of burn tracker Shibburn has shared that the Shiba Inu has seen a huge increase in the burn rate in the last 24 hours.
Another milestone achieved by the Shiba Inu is the increase in the number of holders, which has come to close to 1.2 million.
SHIB burn rate up 190%
@ShibaInuHodler Twitter user shared a screenshot from the above website, which shows the burn rate of the second largest meme crypto has increased by 189.16% in the last 24 hours.
During this period, according to Twitter’s Shibburn account, total 141,010,050 Shiba Tokens Destroyed – sent to the dead-end wallet and permanently locked there.
This time only six transactions have taken place due to burning of this amount of SHIB. There was a significant increase in the burn rate from the 60 million mark to 141 million on the charts.
SHIB HOLDER NUMBER HIT ATH
According to another blockchain data platform, WhaleStats, the SHIB community has reached a new milestone regarding the number of holders of its beloved asset.
According to a recent tweet, the number of SHIB holders has increased to over 1,195,000 holders. According to the SHIB holders page, the exact number is 1,198,132.
As previously reported by U.Today, since the end of April, the number of wallets holding this popular canine crypto has increased by over 32,000.
So far, the top 100 Ethereum whales hold 58,364,331,708,833 Sheba worth $693,254,055.
New Record: $SHIB Reaches an astonishing 1,195,000+ holders.
Current Holder Number: 1,197,346
There are 58,364,331,708,833 in the top 1000 ETH wallets $SHIB ($693,254,055 USD)1 June 2022
However, in this regard, the Shiba Inu is lagging behind another meme coin, BabyDog (based on the BNB chain, while the SHIB is built on Ethereum). Earlier this week, data was published showing that the number of holders of BabyDog has reached 1,550,000, including 200,000 holders, since February.