Altcoin Shiba Inu The community has been the scene of a record burning rate with the removal of approximately 13 million SHIB COIN from the circulation in the last 24 hours. On the other hand, the price of more than 3 percent of the price surprised investors. During the coin burning procedures, two major transfers came to the fore. 5 million units and 7.5 million SHIB were sent to unidentified wallets. Despite the numbers altcoinThe price of 0.00001168 dollars to 0.00001124 dollars, while the official team released a harsh warning against fake coins.
Great increase in Shiba Inu’s coin burning rate
ShibburnAccording to the data of the “yesterday’s morning” coin burning with Coin Inu’s coin burning rate jumped to 12 thousand 833 percent. A total of 13.09 million units directed to the community members to the burning addresses Shib Coin and intended to shrink circulating supply. Two separate transactions were 5 million and 7.51 million shibs from the supply, respectively. The amount of shıb, which has been destroyed since 2021 with these coins burns, rose to 410.75 trillion. Currently, there are 584.53 trillion shibs in circulation.
Despite the increasing coin burning, the price decrease indicates that the supply restriction alone is not enough to prevent short -term price fluctuations. Analysts emphasize that investor interest depends on factors such as low volume and general market sensitivity. Although it is thought that the coin burning process will reduce the supply pressure in the long term, the current sales pressure ShibIt led to maintaining the course of $ 0.00001124 in the dollar band.
The community was warned for fake shib
Shiba Inu’s Marketing Officer LucieInvited the community to be careful against the “Fake Shıb Coin” traps with his sharing from his social media account. Lucie said, “The only real shıb coin Ethereum 
$2,446.29 He was born on him.
The timing of the warning indicates the risk of increasing identity fraud due to social media interest after the high coin burning rate. The project team regularly reiterates such announcements in order to maintain brand integrity and prevent misdirection for investors. The community also follows the official channels and reminds me that transactions should be done only with confirmed contract addresses.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
