Whale continues to scoop up massive amounts of Shiba Inu while burn rate made enormous recovery
The Shiba Inu burn rate increased dramatically after falling below zero the day before. The burn rate increased by up to 35,508%, which estimates 17,804,606 SHIB burned in the last 24 hours.
According to data from Shibburn on Twitter, just 50,000 SHIB worth $0.55 was burned 48 hours prior.
In the past 24 hours, there have been a total of 14,459,464 $SHIB tokens burned and 3 transactions. Visit https://t.co/t0eRMnyZel to view the overall total of #SHIB tokens burned, circulating supply, and more.
— Shibburn (@shibburn) April 7, 2023
SHIB was slightly higher in the last 24 hours at $0.00001094 at the time of writing. According to WhaleStats, ETH whale “BlueWhale0073” recently purchased 148,782,308,867 SHIB worth $1,651,483.
SHIB/USD 4-hour chart | Source: TradingView
MyEtherWallet’s Enkrypt Web3 wallet, which supports Polkadot and Ethereum, has announced that it will soon support the Shiba Inu ecosystem and Shibarium.
Shiba Inu may now be used to pay at the Radisson Hotel in Georgia, thanks to a partnership between Binance Pay and CityPayio. The collaboration enables Georgian users to spend cryptocurrency at over 600 businesses to purchase everyday things and experience life’s luxuries.
Nothing like a week at the Radisson Hotel in Georgia, paid for fully with #Binance Pay!
Thanks to our partnership with @citypayio, users in Georgia can now spend crypto at over 600 merchants to purchase everyday goods and enjoy life’s luxuries. pic.twitter.com/YD0eq7SQBM
— Binance (@binance) April 5, 2023
In related news, Travala, a crypto-friendly trip booking company, just established a Shiba Inu (SHIB) affiliate program. The SHIB community and other program participants can earn significant commissions of up to 5.5% on all reservations made through their special affiliate links.
149 billion Shiba added by this constant SHIB buyer
Shiba Inu may now be used to pay at the Radisson Hotel in Georgia, thanks to a partnership between Binance Pay and CityPayio. The collaboration enables Georgian users to spend cryptocurrency at over 600 businesses to purchase everyday things and experience life’s luxuries.
In related news, Travala, a crypto-friendly trip booking company, just established a Shiba Inu (SHIB) affiliate program. The SHIB community and other program participants can earn significant commissions of up to 5.5% on all reservations made through their special affiliate links.
🐳 ETH whale “BlueWhale0073” just bought 148,782,308,867 $shib ($1,651,483 USD).
Ranked #254 on WhaleStats: https://t.co/RBupemZyZX
Transaction: https://t.co/nP2lypmKhO#SHIB #ShibArmy
— WhaleStats (tracking crypto whales) (@WhaleStats) April 6, 2023
The “BlueWhale0073” investor, who focuses on Ethereum-based tokens and ranks 254th on the WhaleStats whale rating scale, purchased 148,782,308,867 SHIB for $1,651,483 in dog-themed crypto.
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