.Shibburn 1.6 billion $SHIB was burned in June as Shibarium launch is drawing closer
If the amount of SHIB burned over the past month looks more or less substantial, daily burns are still going up and down, often dropping deep below the zero level and drowning in the red.
On June 30, the burn rate of Shiba Inu showed a 1,800% surge when 50,258,924 SHIB were locked in unspendable wallet addresses. However, the daily rise in SHIB burns has been only noticed a couple of times this week. In June, the lead developer Shytoshi Kusama posted a few cryptic tweets that may have inspired the SHIB community to start burning more of those meme coins. Those were tweets about"Something physical coming" and"SHIB going somewhere."
The former is to do with a new partnership of SHIB with Shibcals, a team that transfers SHIB"into the physical world" and produces SHIB-themed clothing, merch, goods and other things that can actually be touched, not just seen on a computer/smartphone screen.The second tweet and a Telegram message of Kusama posted in the"Shibarium Tech" channel stated that SHIB was"going somewhere." Kusama then specified that this"somewhere" was"outside the USA.
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