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.
HOURLY SHIB UPDATE$SHIB Price: $0.00002372 (1hr -0.06% ▼ | 24hr -2.13% ▼ )Market Cap: $13,977,981,987 (-1.97% ▼)Total Supply: 589,257,014,659,157Full story available on Benzinga.com