Shiba Inu Burn Rate Soars: 102 Million Tokens Vanish into Thin Air! 🐶💨

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So, gather ’round, crypto enthusiasts! 📈 According to our trusty public wallet tracker, Shibburn (yes, that’s a real thing), the Shiba Inu burn rate has skyrocketed by a jaw-dropping 388%! 🎉 Why? Because a massive pile of meme coins just got the ol’ heave-ho into the digital abyss. Bye-bye, tokens! 👋

But hold your horses! 🐴 While the weekly burn rate is doing a happy dance, the daily burn rate has decided to take a little nap-like, a serious snooze. 😴

SHIB burns rise by 388%

According to our favorite on-chain data source (because who doesn’t love a good data source?), the SHIB community has managed to toss 102,261,199 SHIB into the void by locking them away in unspendable wallets. Talk about commitment! 💔 That’s a 388.73% increase, folks! Who knew burning tokens could be so… fiery? 🔥

Oh, and get this: the biggest transfer to a dead-end wallet happened just three days ago, yanking 85,795,990 SHIB from circulation. That’s like taking candy from a baby, but the baby is a crypto investor. 🍬

Now, let’s talk about the daily burns. Over the last 24 hours, we’ve seen a drop of 58.88%-only 3,772,366 SHIB were incinerated in our virtual furnaces. I mean, come on, guys! Get it together! 🔥

HOURLY SHIB UPDATE
$SHIB Price: $0.00001303 (1hr 0.50% ▲ | 24hr 0.11% ▲ )
Market Cap: $7,673,931,928 (0.05% ▲)
Total Supply: 589,247,805,617,150

TOKENS BURNT
Past 24Hrs: 3,772,366 (-58.88% ▼)
Past 7 Days: 102,261,199 (388.73% ▲)

– Shibburn (@shibburn) August 16, 2025

3 trillion SHIB leaves Coinbase Institutional

Now, let’s get to the juicy gossip! 🕵️‍♀️ Our favorite blockchain detective, Whale Alert, has spotted a whopping 3 trillion SHIB leaving the institutional side of Coinbase. That’s right, folks-3,000,000,000,000 SHIB! 💰 That’s like finding out your friend just won the lottery, but instead of cash, it’s meme coins. What a twist!

This little escapade was worth a cool $38,244,000 in fiat. And of course, the comments section exploded with theories. Is this a strategic move by an institutional investor, or is Coinbase just playing a game of wallet shuffle? 🤔

🚨 🚨 3,000,000,000,000 #SHIB (38,244,000 USD) transferred from Coinbase Institutional to unknown wallet

– Whale Alert (@whale_alert) August 15, 2025

So, there you have it! The world of Shiba Inu is as wild as ever. Buckle up, because who knows what’s next in this rollercoaster of meme coins! 🎢

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2025-08-16 10:27