Shiba Inu‘s Fiery Call to Arms: Burn, Baby, Burn! š„š
In a world where digital currencies dance like leaves in the autumn breeze, the esteemed marketing manager of the Shiba Inu team, who goes by the whimsical name of Lucie, has taken to the vast expanse of social media to address the fervent SHIB community. With a flourish of her digital quill, she has tweeted about the noble endeavor of burning Shiba Inu tokens.
Lucie, in her infinite wisdom, has shared a link to a platform that now offers its users the chance to incinerate SHIB coins. Yes, you heard it right! A platform where you can watch your coins go up in smokeāwhat a time to be alive!
“Come support burns on Shibarium!”
In her latest missive on X, Lucie has extended an invitation to all SHIB holders to join her in this fiery crusade on Shibarium. With a wink and a nudge, she published a link to a platform called zora.co, which, if one were to speculate, might just be her personal affiliate link. After all, who doesnāt love a little side hustle?
This Zora.co, a crypto platform with social media flair, has recently expanded its BASE community, a layer-2 solution birthed by none other than Coinbase. Lucieās tweet, charmingly titled āInvitation to BASE fam!ā suggests that SHIB users can help to gradually burn away the circulating supply of Shiba Inu tokens ālittle by little.ā Itās like a slow roast, but for your crypto! š
āIf youāre holding real SHIB, come support burns on Shibarium,ā she proclaimed, as if calling the faithful to a grand feast of flames.
The burns on Shibarium are fueled by transaction fees paid in BONE tokens. Thus, the more transfers that occurāwhether in isolation or as part of dapps flourishing on Shibariumāthe more SHIB coins will be sent to the unspendable wallets, effectively vanishing into the ether. A portion of the BONE fees is reserved to be later transformed into Shiba Inu coins, which will then meet their fiery demise.
As reported by the ever-watchful U.Today, the SHIB development team has recently unleashed a significant upgrade, radically transforming the SHIB burn system on Shibarium. From this moment forth, every activity on the networkābe it swaps, liquidity actions, or other usesāwill trigger live burns automatically. Yes, you read that correctly: burns happen on-chain, in real time! Talk about a hot commodity!
1,254,539,419 SHIB Gets Burned in the Past Week
According to a recent proclamation from the āShibarium Updatesā X account, a staggering total of 1,254,539,419 SHIB meme coins have been incinerated from the circulating supply in the past week. Thatās enough to make even the most stoic of investors raise an eyebrow!
The post highlights four recent burn transactions made on Shibarium via the SHIB burn portal: 21.79 million SHIB, 15.06 million SHIB, 14.57 million SHIB, and 15.87 million Shiba Inu coins. All four transfers were made between June 2 and June 5, a veritable bonfire of tokens!
However, in a twist of fate, the SHIB burn rate has plummeted by 64.83% over the past 24 hours, with only 90,439 SHIB meeting their fiery end, according to the Shibburn tracker. It seems even the flames have their off days!
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2025-06-11 16:16