Shiba Inu Burns Skyrocket by 300% Amid Calls for Larger Burns From SHIB Army
Posted On January 12, 2025
The Shiba Inu (CRYPTO: SHIB) community has witnessed a 300% surge in token burns within the last 24 hours. However, the SHIB Army, a group of SHIB enthusiasts, is advocating for even more substantial burns.
What Happened: A recent post on X by Shibburn, a well-known meme coin wallet tracker, reveals that the SHIB community has transferred a significant amount of tokens to dead-end wallets in the past day.
A SHIB-themed account has also initiated a poll, urging the SHIB team to increase burns, potentially eliminating 30% to 90% of the SHIB supply in the near future.