Over Tens of Billions of SHIB Burned in May as the Following Happened to Shiba Inu

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Over Tens of Billions of SHIB Burned in May as the Following Happened to Shiba Inu
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Tens of billions of $SHIB burned in May by the ShibaInu community. Shibburn

During May, every week, massive lumps from slightly over one billion to more than three billion SHIB were burned by recently launched project Blaze Token. This week they have burned 3,601,495,249 Shiba Inu, for example.– nearly all that was transferred to unspendable SHIB wallets in May.

Over the past 24 hours, the SHIB burn rate shows zero value, but still, 13,800,784 meme coins have been removed from the circulating supply.Several times last month, the beta version of Layer 2 protocol Shibarium reached significant milestones, expanding its utility. We are talking here about the number of linked wallets surpassing first the 15 million and then stepping over the 16 million mark. At the time of this writing, this metric's value sits at 16,478,906 wallets in total. Data has been provided by Puppyscan.

The overall amount of performed transactions on Puppynet has reached 15,271,397, and the total number of blocks by now is 1,084,532, with each block produced now in 9.7 seconds. On May 31, a peak in transactions was reached – 668,209.

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