Shiba Inu Burns Keep Rolling—Even at a “0.00%” Rate
The Shiba Inu community hasn’t stopped burning tokens, even if the latest numbers don’t exactly show it. According to Shibburn, the burn rate has been stuck at 0.00% for the past day. But here’s the thing—that might not tell the whole story.
Despite what the metric says, nearly 24 million SHIB were sent to dead wallets in the last 24 hours. The two biggest transactions alone moved over 17.5 million and 5.6 million coins, respectively. So why the zero? It’s possible the tracking site’s having a hiccup. These things happen.
Meanwhile, SHIB’s price took a hit, dropping noticeably in the same period. Burns usually get fans hopeful, but the market’s not playing along—at least not yet.
Shibarium’s Latest Pitch to Developers
The team behind Shiba Inu’s layer-2 network, Shibarium, isn’t slowing down either. A recent post from the official @Shibizens account laid out what the platform offers for developers looking to build decentralized apps (dApps).
The gist? Shibarium’s pushing itself as a faster, cheaper alternative for projects—whether they’re focused on DeFi, NFTs, or something else entirely. There’s also ShibOS, a toolkit designed to streamline development, and a “Developer Hub” that acts as a central resource.
For testing, there’s a “Faucet” feature, and a bridge lets users move assets between Shibarium and other blockchains (Ethereum included). And, of course, they’re still tying it all back to SHIB’s burn mechanism. The more activity on Shibarium, the more tokens get torched—at least in theory.
What’s Next?
Right now, the burns feel like a slow grind rather than a surge. The 0.00% rate might just be a blip, but it’s hard to say. If Shibarium gains traction, that could change things. Then again, crypto’s never predictable.
For SHIB holders, it’s another day of watching the charts and waiting. The burns haven’t moved the price needle this time, but the community’s still pushing ahead. Whether that pays off—well, we’ll see.
