Shiba Inu Burns Keep Rolling—Even With a 0.00% Burn Rate?
The Shiba Inu community isn’t slowing down when it comes to burning tokens, even if the latest numbers seem a bit… odd. According to Shibburn, the burn rate has been stuck at 0.00% for the past day. But here’s the thing—that doesn’t mean nothing’s happening.
In fact, nearly 24 million SHIB were sent to dead wallets in the last 24 hours. The two biggest burns? One for 17.5 million SHIB and another for 5.6 million, happening just hours apart. So why the 0.00% reading? It’s probably just a glitch on Shibburn’s end. These things happen.
Still, the price of SHIB hasn’t exactly been celebrating. It’s taken a dip over the past day, which might leave some holders scratching their heads. But burns like these usually play the long game—slowly chipping away at supply, maybe nudging value up over time.
Shibarium’s Big Pitch to Developers
Meanwhile, the Shiba Inu team’s been busy pushing Shibarium, their layer-2 network. A recent post from @Shibizens—an account tied to the project—laid out all the reasons developers should take a closer look.
The pitch? Shibarium is fast, cheap, and built for things like DeFi apps and NFT marketplaces. There’s also ShibOS, which gives devs native tools for building on the network, plus a Developer Hub that acts as a one-stop shop for resources.
And if you’re testing things out? There’s a “Faucet” for trying new builds on the testnet. Need to move assets between blockchains? Shibarium’s bridge covers Ethereum and others.
Oh, and here’s the kicker—using Shibarium can actually help burn more SHIB. The network has a community-driven portal where transactions contribute to reducing the token supply. Whether that moves the needle much is up for debate, but it’s at least something for long-term holders to keep an eye on.
So What’s Next?
Right now, it’s a mixed bag. The burns keep coming, even if the metrics aren’t perfectly reflecting it. Shibarium’s making its case to developers, though whether that translates into real momentum is still unclear.
As for the price drop—well, crypto’s never predictable. Maybe the burns help eventually. Maybe Shibarium gains traction. Or maybe it’s just another day in the meme coin rollercoaster. Either way, the SHIB army isn’t backing down.
