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The Shibburn tracking platform has shared details of the cumulative Shiba Inu burns conducted over the past month. The shortest month of the year has allowed for almost 400 million SHIB coins to be pushed out of the circulating supply.
As February ended, the SHIB price faced a massive price crash and has already made an attempt to recover.
Hundreds of millions of SHIB scorched but SHIB army unhappy
The aforesaid data platform unveiled that during the past month the Shiba Inu community has succeeded in disposing of a massive amount of meme coins. Its mutual efforts have resulted in destroying a total of 389,189,413 SHIB in 134 burn transactions.
Despite the impressive amount of the burned meme coins, the SHIB community seems unsatisfied with this outcome. In the comments, many SHIB enthusiasts say that these burns are still too small to give the SHIB price any worthy momentum. An X user tweeted: “At this rate, the price will never get to one cent.”#Has the Market Bottomed Out? #Join Honor Credits Draw & Win MacBook Air and Merch