Shiba

2024

Read

Shiba Inu

<ul>
 <li>A SHIB team member praised the SHIB community for its efforts and teased 2024 plans.</li>
 <li>Over 76 billion SHIB coins were burned in 2023, with a recent 24-hour spike of 2,552.66% in burn rate, torching 129.7 million tokens.</li>
 <li>Both community and developers burned SHIB, totaling over 36 billion from transaction fees.</li>
</ul>
<p>Shiba Inu (SHIB) has ignited excitement for 2024 with promising revelations and record-breaking token burns.&nbsp;</p>
<p>Kuro, an esteemed figure within the Shibarium Discord and Telegram team, recently <a href="https://twitter.com/kuro_9696_9696/status/1741421573444387175?s=46&amp;t=EAqSmGRmSyqfXdRDkzt9vQ" rel="noopener noreferrer nofollow">lauded</a> the collective Shiba Inu supporters as the foundational strength behind the Shibarium journey. In his address, Kuro hinted at substantial initiatives brewing for 2024, passionately urging the SHIB army to unify efforts and forge an unforgettable year ahead.</p>
<p>In a striking display of commitment, a staggering 76,403,022,296 SHIB meme coins underwent incineration throughout the entirety of 2023. The most recent 24-hour timeframe witnessed an unprecedented surge in the SHIB burn rate, catapulting by an astonishing 2,552.66%. This surge led to the destruction of a substantial 129,716,497 tokens.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f525.png" alt="🔥" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f525.png" alt="🔥" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f525.png" alt="🔥" class="wp-smiley" style="height: 1em; max-height: 1em;"> 76,403,022,296 <a href="https://twitter.com/search?q=%24SHIB&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SHIB</a> tokens have been burned in 2023. <a href="https://twitter.com/hashtag/HappyNewYear?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#HappyNewYear</a> <a href="https://twitter.com/hashtag/SHIB?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#SHIB</a> <a href="https://t.co/JMpshbrhEI" rel="noopener noreferrer nofollow">pic.twitter.com/JMpshbrhEI</a></p>— Shibburn (@shibburn) <a href="https://twitter.com/shibburn/status/1741695279223525621?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">January 1, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>Notably, the token burns were a collaborative effort involving both the impassioned SHIB community and the proactive developer team. The community actively participated in this reduction of token supply through various transactions.&nbsp;</p>
<p>Simultaneously, the developer team demonstrated their dedication by transferring over 36 billion SHIB from Shibarium’s transaction fees to unspendable addresses. This deliberate act underscored their commitment to diminishing the available SHIB tokens, reinforcing a drive to create scarcity and potentially increase the token’s value.</p>
<p>Kuro’s call to action resonates as the SHIB army anticipates groundbreaking developments on the horizon, fueled by unity and a shared determination to shape the future of Shiba Inu. Shiba Inu enthusiasts are poised to witness the potential transformation and milestones that this pivotal year might unveil.</p>
<h4 class="wp-block-heading" id="h-read-also">Read also:</h4>
<ul class="wp-block-yoast-seo-related-links">
 <li><a href="https://cryptonewsland.com/cardanos-record-breaking-rally-targeting-1-in-2024/" rel="noopener noreferrer nofollow">Cardano’s Record-Breaking Rally: Targeting $1 in 2024!</a></li>
 <li><a href="https://cryptonewsland.com/xrp-ledger-hits-record-breaking-token-burns-whats-driving-the-surge/" rel="noopener noreferrer nofollow">XRP Ledger Hits Record-Breaking Token Burns: What’s Driving the Surge?</a></li>
 <li><a href="https://cryptonewsland.com/tron-defies-crypto-winter-with-record-breaking-daily-transactions/" rel="noopener noreferrer nofollow">TRON Defies Crypto Winter with Record-Breaking Daily Transactions</a></li>
 <li><a href="https://cryptonewsland.com/crypto-expert-demand-trumps-burns-in-shiba-inus-soaring-success/" rel="noopener noreferrer nofollow">Crypto Expert: Demand Trumps Burns in Shiba Inu’s Soaring Success</a></li>
 <li><a href="https://cryptonewsland.com/ripple-engineer-unveils-xrpls-groundbreaking-feature-a-game-changer-for-defi/" rel="noopener noreferrer nofollow">Ripple Engineer Unveils XRPL’s Groundbreaking Feature: A Game-Changer for DeFi</a></li>
</ul>
<p>The post <a href="https://cryptonewsland.com/shiba-inus-2024-game-changing-plans-and-record-breaking-burns/" rel="noopener noreferrer nofollow">Shiba Inu’s 2024 Game-Changing Plans and Record-Breaking Burns</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

Shiba Inu’s 2024 Game-Changing Plans and Record-Breaking Burns

Crypto News Land

Other articles published on Jan 1, 2024

Ethereum Price Correction: Will ETH Rebound Above $2,350 Resistance?

Ethereum “Set For Further Gains,” Analyst Puts This Target

Highlighting Bitcoin, Crypto, and DeFi Developments in 2023!

Buy Ethereum Using eToro And Know If It’s Worth The Investment

An exciting new year starts with Japanese-themed GT7 daily races

From AI to GameFi: Crypto Trends That Have Captivated Investors in 2023

Join our free newsletter for daily crypto updates!